Biz Briefs

NDB adjudged ‘Best Bank’

The Global Finance magazine of USA has picked National Development Bank PLC as the ‘Best Bank in Sri Lanka’, under the Emerging Market Banks’ awards in Asia Pacific 2015.

Chief Executive Officer, NDB, Rajendra Theagarajah said, “We are delighted and honoured to be picked the ‘Best Bank in Sri Lanka’. Given the prestige and worldwide acceptance commanded by the Global Finance Magazine, this is an honour of the highest form. The ‘Best bank in Sri Lanka’ award places NDB among the company of top performing banks in the region.

This is the twenty-second year that the magazine has selected top banking performers in emerging markets.

Etisalat introduces VIP numbers

Etisalat Lanka has introduced VIP numbers to aid corporate clients, entrepreneurs and executives alike to set themselves apart amidst the chaotic business environment.

An Etisalat VIP number can be activated with a newly purchased post-pay voice package.

The effortless retrieval of contact numbers brought by Etisalat’s VIP offer is attributed to the unique number formats such as '072 0123123' and '072 5544911' which can be chosen to fit the preferences of the customer from over a range of 100,000 distinct numbers.

CCC seminar on investments

The Ceylon Chamber of Commerce (CCC) will hold a seminar on ‘Policies in Place: Bring in the Investments’ which will discuss the government's drive to attract Foreign Direct Investments to the country at the Chamber auditorium at 3 pm on Friday.

Top government officials in charge of the subject will discuss how the current political situation, governance, transparency and rule of law will help drive investments.

NCCSL seminar on labour regulations

The National Chamber of Commerce of Sri Lanka (NCCSL) will hold a half-day seminar on 'Labour Laws and Employment' in Sinhala on Thursday from 9 am to 1.30 pm at the National Chamber auditorium, D.R. Wijewardene Mawatha, Colombo 10.

The seminar will cover the topics of employment in terms of the Shop and Office Employees’ Act (hours of work, overtime, holidays, annual holidays, maternity leave and benefits, payment of remuneration and deductions, letter of appointment, disciplinary action and disciplinary procedure in the private sector, contract of employment and the law relating to termination of employment).

Douglas and Sons fetes top dealers

The auto parts division of Douglas and Sons (Pvt) Ltd, (DSL) held its annual awards ceremony, 'DSL Red Carpet 2015' recently. Over 1,000 people representing the company's dealers and foreign principles from countries such as Japan, India, Thailand, Dubai, Malaysia, Singapore and China were present. Having held this event in previous years, in countries such as Thailand, Indonesia and Singapore, 2015 marked the first time in five years that DSL ventured to hold this awards ceremony in Sri Lanka. Apart from district best dealers and best performers in individual product brands, the top 24 dealers islandwide were presented certificates and trophies. All winners were selected based on their sales performance during last year. Conducted under the theme 'Around the World', the awards ceremony provided a night of glamour and camaraderie for the participants.

Ceylinco Life produces record 41 MDRT qualifiers

Ceylinco Life has set a new record in sales achievement, with 41 of the company's sales team qualifying for membership of the Million Dollar Round Table (MDRT) this year. This is the highest number of MDRT qualifiers produced by Ceylinco Life in a single year. Of the 41 qualifiers, Mrs. R. S. Panagoda, received the prestigious Court of the Table (COT) membership, company sources said. The 2015 meeting of the MDRT will be held in New Orleans, Louisiana, USA, from June 14-17 and will be attended by over 8,500 elite life insurance and financial professionals from over 50 countries.