Business News

Offering Sri Lankan consumers a refreshing new blend of fresh fruit juice and Green Tea, Elephant House today announced the launch of Twistee – a unique range of natural drinks made from real fruit juice concentrate and Pure Ceylon Green Tea extracts. Twistee comes in two tantalizing flavors, Apple and Peach.

Oman Air has appointed Paul Gregorowitsch as its new Chief Executive Officer, effective the beginning of August 2014. Oman Air’s Chairman, His Excellency Darwish bin Ismail bin Ali Al Balushi, hailed it as the start of a new chapter in the illustrious development, at local, regional and international levels, of the national carrier of the Sultanate of Oman.

Top tyre brand CEAT is offering vehicle ownersa chance to win radial tyres to celebrate the recent launch ofits state-of-the-art production facility in Sri Lanka for the manufacture of tyres for high-end cars and Sports Utility Vehicles (SUVs).

Hayleys ups revenue by 17% in 1Q 2014/15

Wednesday, 20 August 2014 10:54

Hayleys PLC, one of Sri Lanka’s leading conglomerates, in a filing to the Colombo Stock Exchange, reported sustained performance in 1Q of 2014/15.

Dialog Axiata PLC announced, Friday 08th August 2014, its consolidated financial results for the six months ended 30th June 2014. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”) post-consolidation with subsidiaries Dialog Broadband Networks (Pvt) Ltd (“DBN”), and Dialog Television (Pvt) Ltd (“DTV”).

Nestlé Lanka PLC, Sri Lanka’s leading Nutrition, Health and Wellness Company, recorded a revenue growth of 7.1% (YoY) for Q2 2014, posting a total revenue of Rs. 8.1 billion in the second quarter of the year.

Sparklink Travels headed by Nihal Perera, a Former Director Sri Lanka Tourism, A Pioneer and Legend in the Travel Industry ably supported by sons Praki Perera & Navein Perera and a Team of Dedicated Staff, has Achieved a further “Milestone” in reaching 35 Years in the Travel, Tourism and Hospitality Industry in Sri Lanka and Internationally.

The General Assembly of the Young Chartered Accountants Forum (YCAF) of the Institute of Chartered Accountants of Sri Lanka was held recently at CA Sri Lanka Members Lounge.

The Marawila Branch of the Commercial Bank of Ceylon recently organised a seminar in Marawila for nearly 500 students preparing for the Year 5 scholarship examination from eight schools in the area.

Mr Hasrath Munasinghe Deputy General Manager – Marketing of Commercial Bank, the largest private bank and most valuable private sector brand in Sri Lanka, was recognised as ‘Marketing Professional of the Year’ at the Chief Marketing Officer (CMO) Asia Global Brand Excellence Awards 2014 in Singapore in recognition of his contribution to the disciplines of brand building and marketing in Sri Lanka.

Counting 20 years of hands-on experience in Marketing, Sales and Communications, HasrathMunasinghe has helped build many iconic brands in Sri Lanka in broadcast media, personal care and mobile telecommunications and has won multiple Gold Awards for his efforts from the Sri Lanka Institute of Marketing (SLIM).

He was adjudged one of the ‘Ten Outstanding Young Persons’ (TOYP) in Sri Lanka in 2013, receiving the most prestigious individual award for young achievers in the country. ‘Echelon’magazine’s twice named him in its ‘Top 40 under 40’ list of the top 40 executives under 40 years of age in Sri Lanka, in 2013 and 2014.In 2010, he received the Achievers and Leaders International Award from the Sri Lanka-India-South Africa-Singapore Partnership Summit.

The holder of eight professional and academic qualifications including two Masters Degrees from the Universities of Moratuwa (MSc in IT) and the University of Southern Queensland, Australia (MBA), and a Post Graduate Diploma in Marketing from the Chartered Institute of Marketing (CIM)UK, Hasrath has the distinction of being the youngest Sri Lankan to achieve both FCIM-UK and FSLIM status.

He currently serves as a board member of the Chartered Institute of Marketing (CIM) Sri Lanka region and in several committees of other institutes.

hasrath-munasinghe

Photo caption:

Hasrath Munasinghe (centre) receives the Marketing Personality of the Year award at the 2014 CMO Asia Brand Excellence Awards.