Biz Briefs
Seminar on trade with UK
 The High Commissioner of UK will be the guest speaker at a seminar on
'Bilateral Trade between Sri Lanka and UK' at the Chamber auditorium on
October 29 from 3.00 to 4.30 p.m.
He will be accompanied by Head of Trade and Investment, UK High
Commission, Gary Leslie. They will speak on business trends, trade
potential, opportunities for export, import, investment, items in demand
and services available for Sri Lankans.
Participants will get an opportunity to interact with the High
Commissioner and his officials.
According to Commerce Department sources, the UK is Sri Lanka’s
second biggest export market after the USA recording total exports of
US$ 1,112 million in 2011.
Seminar on Nanotechnology
 A seminar on ‘Benefits of Nanotechnology’ will be held at the
National Chamber of Commerce (NCC) auditorium, D. R. Wijewardene Mawatha,
Colombo 10, on October 28 from 3.00 to 5.00 p.m.
It has been organised by NCC with SLINTEC (Sri Lanka Institute of
Nanotechnology).
The resource persons will be SLINTEC CEO Harsha de S. Wijeratne,
Associate Director, Science and Strategic Relations, Prof Veranja
Karunaratne and Manager Strategic Planning, Dr Shehan de Silva. They
will explain in detail the benefits of nanotechnology that could be
derived by all sectors of industry, such as textiles, apparel,
agriculture, ceramic, healthcare, ICT and beauty care products.
Share prices across Europe continue to slide
 Share prices across Europe tumbled on Thursday amid fears of a global
economic slowdown and the impact of the Ebola crisis. The main stock
markets in the UK, Germany and France fell more than 2%, tracking a
sell-off in Asia and on Wall Street.
On Wednesday, London's FTSE 100 saw its heaviest one-day fall in 16
months. Borrowing costs for Greece and Italy rose and investors looking
for a safe haven pushed the gold price higher. Analysts said that a raft
of disappointing economic and corporate news had unnerved investors.
Recent poor data from China, Germany and the US have heightened
worries that global economic recovery could go into reverse.
- BBC
NDB, SLIIT to support higher education
 NDB and the Sri Lanka Institute of Information Technology (SLIIT)
recently entered into an MoU, to offer benefits to students aspiring to
pursue higher education.
As an outcome of the agreement, students who wish to follow local or
international graduate education at SLIIT could now take advantage of a
customised financing facility ‘NDB-SLIIT Achievers Education Loan’.
Assistant Vice President for products and new product development,
NDB, Darshana Ratnayake said, “We are pleased to present the customised
NDB-SLIIT Achievers Education Loan facility to aspiring youth, thereby
enabling them to realise their educational and career aspirations with
ease."
BoC helps J'pura Hospital
 Members of the staff and the management of the Bank of Ceylon (BoC)
donated Rs. 2.5 million to the Dialysis Assistance Fund at Sri
Jayewardenepura General Hospital, Kotte recently, to mark its 75th
anniversary. Here BoC Assistant General Manager, Human Resource
Operations, B. M. Premaratne presents the cheque to Consultant
Nephrologist, Sri Jayewardenepura General Hospital, Dr. Chula Herath.
Officials of the hospital and bank including Assistant General Manager,
Training and Development, David Silva look on.
Brandix goes for VMware
Brandix Lanka has chosen VMware's virtualisation and cloud
infrastructure technology to further its cloud strategy.
Brandix said this deployment will help the company reduce capital and
operational costs annually while reducing the time for deployment for IT
related services from weeks to minutes and accelerate the Group's
journey to cloud.
Brandix is a leading apparel solutions provider. It also becomes the
first company to sign an Enterprise License Agreement (ELA) with VMware
in Sri Lanka.
Central Bank clinches CRIB Challenge Trophy
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The women's cricket team of Central Bank of Sri Lanka team led by
Chandrika Rajapakse clinched the CRIB Challenge Trophy 2014 at the
annual CRIB women's six-a-side softball cricket tournament which was
played at the P Sara Stadium recently. Thirty- nine teams from banking
and non-banking financial institutions took part. Here the champion team
with Central Bank Governor Ajith Nivard Cabraal. |
Micro Cars launches new SUV version
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Chairman, Micro Cars Limited, Dr. Lawrence Perera (far right) presents the
key to the first customer of the new Rexton W 2L, Mr. and
Mrs. Ranjit de Silva. |
The first three batches of SsangYong's face lift version of the
flagship model Rexton W, a SUV, were pre-sold.
All units were pre-sold before production at Micro Cars Limited's
state-of-the-art automated production line at the Polgahawela Industrial
Zone.
The Rexton W, sporting a new engine variant comes equipped with a two
litre turbo intercooler diesel engine, a high engine torque that is
suited to Sri Lankan driving conditions with a modern exterior and
interior styling.
NCCSL launches SME training program
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The National Chamber of Commerce of Sri Lanka (NCCSL) launched SME
training programs in the outstations to boost the knowledge and skills
of micro, small and medium enterprises (MSME). The Chamber has concluded
regional training programs in Kurunegala, Ratnapura and Trincomalee.
The Chamber will hold 20 SME workshops and training programs in the
outstations to develop and enhance the skills of Small Medium
Entrepreneurs in human resources, team building and marketing. |
Union Assurance launches Super Investor
Union Assurance introduced its latest product, Union Super Investor,
for investors, adept at planning their lives and achieving goals.
The product is a combination of an investment and insurance product.
A Union Super Investor has to make premium payments for five years,
while he could decide the policy term from 10 to 30 years.
The dream of embarking on a foreign tour, or buying a luxury motor
vehicle, or even filling your house with the latest appliances and
furniture, could be fulfilled because your investment account will
accumulate interest every year.
You will receive a life insurance policy until the age of 75, and in
the event of an unfortunate incident such as death, the beneficiaries of
your Union Super Investor account will receive the entire value of your
investment.
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