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NSBM holds convocation
The third Convocation Ceremony of the UGC approved Degree Programmes of the National School of Business Management (NSBM) was held recently at  the BMICH. Graduation of the BSc in Business Management (Special) Degree along with the Postgraduate Diploma was held with the participation of Minister of Skills Development and Vocational Training Mahinda Samarasinghe, along with Prof. Narada Warnasuriya, Emeritus Senior Professor of Pediatrics, Kotelawala Defense University, Dr. E A Weerasinghe, CEO, NSBM and Dr. D M A Kulasooriya, Director Academic Affairs, NSBM among the distinguished guests of honour.

At the event, gold medals were awarded to A. K. K. Kulathunga, Fathima Safiya Ziqufi Ismail, M. Pradeepani Maheshika, Sandali Randima Gurusinghe while the overall best performance award was awarded to A. K. K. Kulathunga.

NSBM is established under the Ministry of Skills Development and Vocational Training. This link with the government of Sri Lanka guarantees not only the stability of NSBM as an educational establishment but also the quality of education.

Hayleys buys Fentons
Sri Lanka’s Hayleys last week bought control of engineering firm Fentons Limited for Rs. 963 million, saying the acquisition would boost profitability given rapid growth in infrastructure and support services.

A stock exchange filing said Hayleys has acquired 75 percent of Fentons Limited, which was established in 1921.

“The management of Hayleys believes that there is a strong strategic fit between the two organizations and the acquisition will positively contribute to the Hayleys group’s turnover and profitability considering the growing demand in the country’s infrastructure and support services sector,” it said.

NCE Awards 2016
The National Chamber of Exporters recently launched the issue of Applications for the Annual Export Award Ceremony 2016. The launch was attended by a select gathering of NCE Office Bearers and Council Members, past Award Winners, and representatives of the Print & Electronic Media. NCE Awards Ceremony for 2016 will be held on 30th September 2016 at the Grand Ballroom of Hilton Colombo. Closing date for Applications is 15th July 2016.  Hard copies of Applications are now available at the Secretariat of the Chamber as well as online at the Chamber website