DHL bags inaugural Global Express Provider of the Year – Industry Choice Award

Published : 12:00 am  November 24, 2014  |  Category: Shipping / Aviation  |  Leave a Comment  |  237 views  |  

Also voted Global Express Provider of the Year – Customer Choice award for third consecutive year  Lauded for commitment to customers and sustainability in the region From left: Ramesh Natarajan, DHL Express Singapore courier and Sean Wall, EVP, Network Operations and Aviation, DHL Asia Pacific at the Payload Asia Awards 2014 DHL Express, the world’s leading cross-border express services provider, has been awarded the prestigious Global Express Provider of the Year – Customer Choice by Payload Asia magazine for the third year running. DHL also took home the same accolade for the magazine’s inaugural Industry Choice Awards. The Customer Choice Awards saw customers and readers voting... 

Parallel shift upwards on yield curve for second consecutive week

Published : 12:00 am  November 24, 2014  |  Category: Financial Services  |  Leave a Comment  |  46 views  |  

By Wealth Trust Securities Considerable selling interest across the yield curve coupled with certain uncertainty that crept into markets towards the latter part of the week ending 21 November saw secondary market bond yields increase, reflecting a parallel shift upwards on the overall yield curve for a second consecutive week. Activity during the first four days of the week centered on the two 2018 maturities (i.e. 1 April 2018 and 15 August 2018) as its yields were seen hitting highs of 7.10% and 7.20% respectively, the 1 July 2019 to 7.25%, the 1 May 2021 to 7.70%, the 1 July 2022 to 8.10% and the 1 January 2024 to 8.25%. However, two way quotes were seen widening towards the latter part of... 

Draghi throws ECB door open to money printing as global prospects dim

Published : 12:00 am  November 24, 2014  |  Category: International  |  1 Comment  |  142 views  |  
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Reuters: European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth. Mario Draghi, President of the European Central Bank (ECB) delivers his speech at the European Banking Congress in the Old Opera house in Frankfurt, 21 November With many fearing the euro zone could be heading for a Japanese-style lost decade of deflation and recession, Draghi’s remarks were reminiscent of when he pulled the bloc back from possible disintegration in 2012 by promising to do “whatever it takes” to back the... 

Vogue Sisu Nena Ran Pradana creates history in SL

Published : 12:00 am  November 24, 2014  |  Category: Youth / Careers / Higher Education  |  Leave a Comment  |  31 views  |  

Sri Lanka’s premier jeweller, Vogue Jewellers launches Vogue Sisu Nena Ran Pradana, an annual felicitation program to inspire and celebrate excellence of the new generation. Vogue Sisu Nena Ran Pradana, with the auspices of the Ministry of Education is Sri Lanka’s first initiative to celebrate excellence of the top performers at the G.C.E. Advanced Level Examination. Vogue Sisu Nena Ran Pradana will reward each all island top performing student in Science, Maths, Commerce and Arts streams with an exclusive 22 karat Gold medal and a Vogue Gift Voucher which the students can redeem with their wedding jewellery while the respective school will be awarded a cash donation of Rs. 100,000. Additionally,... 

Unilever Sri Lanka breathes new life into ‘Jeewithayata Aruthak’

Published : 12:00 am  November 24, 2014  |  Category: Youth / Careers / Higher Education  |  Leave a Comment  |  26 views  |  

USL HR Team launches Phase 2 of youth skill building program at University of Colombo The Human Resources team of Unilever Sri Lanka launched the second phase of its ‘Jeewithayata Aruthak’ youth skill building program, targeting undergraduate students from several leading universities in the nation. The program, which aims to ‘Give purpose to life,’ helps young students in Sri Lanka become more employable by providing them soft skill development interventions. The first phase of the programme was conducted at Dehiowita National School in 2013. Having identified that the intervention now needed to be elevated to undergraduates who will soon be part of the job market, the team conducted... 

Sri Lanka Tourism industry leaders have their say on Singapore model

Published : 12:00 am  November 24, 2014  |  Category: Special Report  |  Leave a Comment  |  903 views  |  
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Following tourism expert Nisha Barkathunnisha’s presentation, the forum saw several industry leaders sharing their key takes as well as recommendations. Here are the highlights of the panel discussion moderated by Daily FT Editor Nisthar Cassim    Sri Lanka Tourism Promotion Bureau Managing Director Rumy Jaufer SriLankan Airlines CEO Kapila Chandrasena   Tourist Hotels Association President Hiran Cooray  Airport Services Acting Head of Marketing Rohan Manukulasooriya  Inbound Tour Operators Past President Nilmin Nanayakkara         Tourist Hotels Association Chairman Hiran Cooray: In cricketing terms, Rohit Sharma hit us in Calcutta and Nisha has hammered us... 

Plantation sector networking and learning event 2014

Published : 12:00 am  November 24, 2014  |  Category: Agriculture  |  Leave a Comment  |  82 views  |  

During the British period, large extents of land from Sri Lanka’s wet zone got converted to monoculture plantations, impacting the biodiversity of some of the most sensitive ecosystems in the country. Many of these plantation lands share boundaries with natural forests and habitats which act as crucial refuges for highly threatened and endangered species of biota. The Sri Lanka Business and Biodiversity (SL B&B) Platform of the Ceylon Chamber of Commerce (CCC) is organising a networking and learning event targeted at those engaged in the plantation sector to raise awareness on biodiversity conservation and help provide solutions, using the platform to improve the flow of information, joining... 

SLPA enters contract agreement with IHC for state-of-the-art Trailing Suction Hopper Dredger

Published : 12:00 am  November 24, 2014  |  Category: Shipping / Aviation  |  Leave a Comment  |  343 views  |  

Sri Lanka Ports Authority (SLPA) entered into a Contract Agreement with IHC Holland BV of The Netherlands to procure a 4,000 cubic metre capacity Trailing Suction Hopper dredger this month. The exchange of contract agreements between SLPA Chairman Dr. Priyath B. Wickrama and IHC Holland BV Area Director Kees Derks, while SLPA Managing Director Capt. Nihal Keppetipola, Dutch Ambassador to Sri Lanka Louis W.M. Piet, HIS Dredging and Mining Product Manager Ir. Oscar ten Heggeler and Product Director – IHC  Mervede B.V. Division Dredging W.A.C. (Wouter) Blass look on   The agreement was endorsed by Chairman Dr. Priyath B.Wickrama and Managing Director Capt. Nihal Keppetipola on behalf of... 

UNP backs Maithripala’s candidacy

Published : 12:42 am  November 22, 2014  |  Category: Front Page  |  Leave a Comment  |  326 views  |  

Main Opposition clinches Opposition candidate deal by endorsing SLFP General Secretary at Working Committee G20 elections committee also overwhelmingly favour move Karu pushes for UNP to support the Maithripala option Common Opposition alliance to be inked soon UNP and SLFP finally coming back together: Rajitha  The United National Party Working Committee, the party’s apex decision-making body yesterday endorsed the candidature of Maithripala Sirisena as the common Opposition candidate. Following months of uncertainty about whether UNP Leader Ranil Wickremesinghe would contest President Rajapaksa in the 2015 election, the Working Committee formally endorsed the selection of the former Health... 

BOC maintains Maharagama Cancer Hospital children’s ward complex

Published : 12:10 am  November 22, 2014  |  Category: CSR / Events  |  Leave a Comment  |  269 views  |  
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As part of the banks’ Corporate Social Responsibility (CSR) initiatives and the 75th Anniversary celebrations, Bank of Ceylon completed maintenance work of the Maharagama Cancer Hospital Children’s ward complex. Minister of Health Maithripala Sirisena graced the occasion. Cancer Hospital Director Dr. Kanishka Gunawardhana, Bank of Ceylon Deputy General Manager Human Resources K.E.D. Sumanasiri, Assistant General Manager Training G.D. Silva, Senior Manager Sarath Imbulamure and representatives of the hospital management and bank staff participated on this occasion. Maharagama Cancer hospital is the only Government institute in the country that treats cancer patients in Sri Lanka. The children’s... 

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