Aruna new Chairman at Blue Diamonds Jewellery

Published : 12:00 am  December 2, 2013  |  Category: Business  |  Leave a Comment  |  536 views  |  

B.M.A.L. Aruna Fernando has been appointed as the Chairman of Blue Diamonds Jewellery Worldwide Plc. This is following the resignation of Paul Ratnayeke from the post of Chairman and Director at Blue Diamonds. Fernando was previously the Deputy Chairman. Having a wide network base with government and the private sector holds work experience of over 20 years, Fernando is the Managing Director of Micronet Information Systems Ltd which is the  pioneer in the information technology industry. He also serves as the Director of Micronet Global Services and  the Sri Lanka State Plantation Corporation. Fernando, is a fellow member of the Chartered Institute of Management Accountant (U.K.) and was the... 


CINEC to develop Fiji National University’s Maritime School

Published : 12:00 am  December 2, 2013  |  Category: Shipping / Aviation  |  1 Comment  |  1,111 views  |  

CINEC Maritime Campus, the largest maritime training institute in South Asia, signed an agreement recently with the Government of Fiji and the Fiji National University to manage the Maritime School of the Fiji National University (FNU) in Suva. Minister of Public Enterprises and Attorney General Aiyaz Sayed-Khaiyum signed the agreement on behalf of the Government of Fiji. CINEC Maritime Campus President Capt. Ajith Pieris and Fiji National University Vice Chancellor Prof. Ganesh Chand were the other signatories. Aitken Spence Deputy Chairman J.M.S. Brito and Aitken Spence Maritime and Jt. Managing Director CINEC Chairman Dr. Parakrama Dissanayake were in attendance. This is a further expansion... 


Turning the tide towards inclusive trade and investment

Published : 12:00 am  December 2, 2013  |  Category: Special Report  |  Leave a Comment  |  13,266 views  |  

Conference and launch of the Asia Pacific Trade and Investment Report (APTIR) for 2013 By Kinita Shenoy Organised by the Institute of Policy Studies in collaboration with the Asia Pacific Research and Training Network on Trade, the conference and launch of the Asia Pacific Trade and Investment Report (APTIR) for 2013 was held at the IPS last week. The report was prepared by ESCAP with the aim of understanding regional trends, investment, trade facilitation policies and the impact of these on countries trying to achieve inclusive and sustainable development. The research arm of ESCAP along with group of panellists discussed the implications of regional trade. IPS Executive Director Dr. Saman... 


8 questions to ask your boss that can make or break your career

Published : 12:00 am  December 2, 2013  |  Category: Management  |  Leave a Comment  |  6,837 views  |  

By Celia Shatzman Think about it: You probably only hear from your boss when a) you royally messed up, b) you did a major job or c) it’s performance review time. Feedback from your supervisor is what you crave, unless you’re happy flying under the radar, which certainly won’t help you advance. Getting honest input from your supervisor is crucial to your relationship with your boss–and, like it or not, your relationship with your boss can make or break your career. A solid rapport makes deadlines a breeze and the workday go by in a flash; but a shaky one can render even a short elevator ride interminable. Plus, having a good relationship with your boss may even reduce stress at work.... 


Evening Talk by Deepal Sooriyaarachchi

Published : 12:00 am  December 2, 2013  |  Category: Management  |  Leave a Comment  |  749 views  |  

Based on his book ‘Inward Bound – Mindfulness as an Executive Capability’ The Management Club – Kalutara has once again displayed synergy by joining hands with The Institute of Management of Sri Lanka and the Sri Lanka Foundation in organising an Evening Talk by Deepal Sooriyaarachchi (the visionary Leader, versatile trainer, author and communicator) on ‘Mindfulness as an Executive Capability’. This event will be held at the Sri Lanka Foundation on Wednesday, 11 December, commencing at 6 p.m. Admission is free (on a first come, first served basis) and for reservations/registrations please contact Ramesh on 0717165489/0112669385 or Vimukthi on 0713968220/0112695249. Sooriyaarachchi... 


Sampath Bank 1st Runner-up for Best Corporate Citizen Sustainability Award

Published : 12:00 am  December 2, 2013  |  Category: Financial Services  |  Leave a Comment  |  316 views  |  

In addition to becoming the 1st Runner-Up for the Best Corporate Citizen Sustainability Award, Sampath Bank also won the following awards: Top 10 category recipient; Sector winner – Economic Sustainability; and Category winner – Economic Contribution. Here, Sampath Bank PLC Managing Director Aravinda Perera receives the award from Central Bank Governor Ajith Nivard Cabraal  Read More →


NTB to issue Rs. 2 b debentures

Published : 12:00 am  December 2, 2013  |  Category: Financial Services  |  Leave a Comment  |  412 views  |  

Nations Trust Bank PLC intends to raise a sum of Rs. 2 billion via a listed, rated, unsecured, subordinated, redeemable debenture issue with a tenor of five years with an option of issuing up to a further Rs. 1 billion in the event of an oversubscription. Accordingly, the bank will issue 20 million debentures, with the ability to extend to a further 10 million debentures in the event of an oversubscription at a par value of Rs. 100 each and will be listed on the Colombo Stock Exchange by way of an offer for subscription. The funds thus raised are intended to finance the growth momentum of the bank in the future and will enable the bank to maintain a healthy capital adequacy ratio. Currently the... 


TMC News

Published : 12:00 am  December 2, 2013  |  Category: Management  |  Leave a Comment  |  462 views  |  

The Management Club Board of Management and its key CSR entity, Enable the Disabled, will hold their 10th AGM on Tuesday 3 December at 5:30 p.m. at the TMC Secretariat and office premises at Excel World, Colombo 10. Formed 11 years ago, TMC is now an active and vibrant entity of four clubs – the principal clubs covering the membership of Colombo and the Mt. Lavinia vicinities and two associate clubs at Kalutara and Negombo whilst Kalutara has a co-club at Moratuwa. Headed by President Board of Management Deepal Abeysekera, the Board of Management (BOM) plays a pivotal role in the affairs of the various Clubs that constitute TMC. The business affairs of TMC are arranged, administered and managed... 


Macbertan recognised at NBEA 2013

Published : 12:00 am  December 2, 2013  |  Category: Business  |  Leave a Comment  |  489 views  |  

Macbertan Ltd., manufacturer of McFoil heat insulation material, received a Merit Award in manufacturing under ‘Manufacturing – Other Sector’ at the prestigious National Business Excellence Awards 2013. The National Business Excellence Awards are conducted by the National Chamber of Commerce to recognise establishments that have demonstrated business excellence in Sri Lanka. Managing Director Ramani Ponnambalam said that this was the first time the company had participated in the National Business Excellence Awards and it was a significant achievement in the company’s history to receive this award. Macbertan is the pioneer and a market leader in the manufacturing of heat insulation products... 


11th Lanka-Pakistan trade talks conclude successfully

Published : 12:00 am  December 2, 2013  |  Category: Business  |  Leave a Comment  |  483 views  |  

 Speedy process of negotiations wraps talks a day ahead “Let’s do this regularly!”: Rishad “We attach great importance to Sri Lanka”: Minister Jatoi The 11th Sri Lanka-Pakistan trade talks successfully concluded on 27 November, the day it commenced and a day ahead of the conclusion which was expected on 28 November. “The Joint Economic Commission between our two countries should be held at regular intervals as convenient to both countries. This would certainly facilitate quick actions and seize emerging opportunities,” said Minister of Industry and Commerce Rishad Bathiudeen on 27 November. Bathiudeen was addressing the closing ceremony of the 11th session of the Sri Lanka-Pakistan...