Airtel’s ‘Data Rollover’ allows customers carry forward unused data to next billing cycle

Following the launch of Airtel Lanka’s revolutionary 4G services and Freedom Packs, the telco revealed its Postpaid Promise, an innovative ‘Data Rollover’ feature for its Freedom postpaid customers.

Huawei MateBook X Pro 2021 to be launched in Sri Lanka

Huawei, the leading technology solutions provider, will soon be launching the newly upgraded Huawei MateBook X Pro 2021 in Sri Lanka, with a full range of advanced features.

Lending rates respond to policy rate hike as Average Weighted Prime Lending Rate crosses 6%

Market lending rates have began responding to the policy rate and banks’ reserves ratio hikes announced on August 19, as prime customers witness their loans becoming pricier for the third straight week as the benchmark rate climbed above 6.0 percent last week.

CB’s monetary stimulus since pandemic’s onset amounts to whopping Rs.2.7tn

The Central Bank’s monetary easing measures have unleashed a whopping Rs.3.0 trillion worth of stimulus into the broader economy since March 2020 through June 2021, with the objectives of alleviating the full impact of the pandemic on the economy.

LIOC to commission SL’s first grease manufacturing plant this year

Lanka IOC PLC (LIOC), which has expansive petroleum downstream operations in Sri Lanka, will soon commission the country’s first grease manufacturing plant as part of the company’s strategy towards enhancing its revenues from other segments to keep its key auto fuel losses from significantly upending the overall financial performance.

Mahindra Ideal Welipenna plant goes green with 805 kW roof solar added to national grid

Mahindra Ideal Lanka (Pvt) Ltd in Welipenna, a subsidiary of the Ideal Group added a massive 805 Kilowatt (kW) solar power to the national grid yesterday (September 5), commemorating the birthday of the company’s Founder and Chairman, Nalin Welgama.

Laugfs Gas to expand LPG bulk sales in other markets to mitigate domestic biz losses

Laugfs Gas PLC, which is repeatedly and harshly battered by soaring global prices amid price controls in its key Sri Lankan market, has begun to expand its bulk sales segment of liquefied petroleum gas (LPG) in a bid to change its financial fortunes weighed down by massive losses in the Sri Lankan unit.

Kassim-family owned Expack Corrugated Cartons plans IPO on CSE

Sri Lanka’s largest corrugated cartons manufacturer Kassim-family owned Expack Corrugated Cartons (Pvt) Ltd. has officially commenced the process for an Initial Public Offering (IPO) on the Colombo Stock Exchange (CSE), Mirror Business learns.

Listed company earnings surge in June YoY; but markedly down from March

Sri Lanka’s listed companies reported robust earnings for the three months to June 2021 compared to the same period in 2020, when the lockdowns weighed more heavily on a large swath of businesses, but 2021 June results marked a break from the March quarter when earnings reached a record high.

SL could face severe consequences from continued import restrictions: experts

The continuation of import restrictions could lead to Sri Lanka facing severe consequences, cautioned international trade experts, which would eventually result in the national economy facing tariff retaliation.

Fifteen Years of Excellence - Forging Ahead with Cooperation

In 1993, our founder Dr. Mohan Lal Grero opened the first Lyceum International School in Nugegoda. The name ‘Lyceum’ comes from the ancient Athenian School founded by Aristotle in 335 B.C.

Mobile vendors were seen on roads in Colombo yesterday

Mobile vendors were seen on roads in Colombo yesterday, as the government extended the quarantine curfew to September 13.

Food shortage will worsen with excessive price controls, cautions Advocata

The government moving to implement harsh price controls will have detrimental effects on the economy and the people are likely to experience further difficulties as the food shortages could further worsen.

SriLankan celebrates 42 years of operations

SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, celebrated 42 years of flying across the globe.

Majority of Salvadorans do not want bitcoin, poll shows

Most Salvadorans disagree with the government’s decision to adopt bitcoin as legal tender, with many unaware of how to use the digital currency and distrustful of the project, a poll by the Central American University (UCA) showed on Thursday.

NDB donates ‘Optiflow Nasal Oxygen Delivering System’ to IDH

National Development Bank PLC (NDB) continued to support the fight against the covid pandemic, under the ‘NDB Cares’ theme, by donating a much needed ‘Optiflow Nasal Oxygen Delivering System’ to the ‘National Institute of Infectious Diseases’ (IDH), Mulleriyawa, in response to the request made by the IDH.

SLT-Mobitel continues to empower rural schools with bus libraries

Continuing its efforts in empowering rural schools with access to information, SLT-Mobitel recently handed over another School Bus Library as a part of an ongoing CSR project aimed at transforming decommissioned SLTB Buses into fully fledged libraries.

Tokyo Cement extends drinking water project to Siyambalagaswewa

Tokyo Cement Group recently expanded their ‘Fountain of Life’ projectby gifting purified drinking water facilities to the people of Siyambalagaswewa in Mihintale.

Maliban staff donates essential ICU equipment to Covid-infected patients

With a strong presence of over six decades, Maliban Biscuits continues to prove its mark as Sri Lanka’s most trusted confectionary brand with their unremitting efforts in helping the nation combat the fast-spreading coronavirus.

Dialog Axiata donation meets essential Oxygen needs at Kalutara district hospitals

As part of its ongoing efforts to support national endeavours to mitigate the pandemic, Dialog Axiata PLC donated 50 urgently required medical-grade Oxygen cylinders with a capacity of 47L to the hospitals in Kalutara district, as selected by Office of the Regional Director of Health Services (RDHS) - Kalutara.

Hemas Hospitals launches ‘Deewara Diri Savi’ to support ailing fishing community

Hemas Hospitals launched the ‘Deewara Diri Savi’ donation drive to support and empower the fishing community along the Western Coast of the country, whose livelihoods were gravely impacted by the marine destruction caused by the X-Press Pearl ship disaster.

Ceylinco Life presents respiratory device to Ratnapura Teaching Hospital

Ceylinco Life recently donated High Flow Nasal Cannula (HFNC) equipment to the Ratnapura Teaching Hospital under an on-going initiative to provide essential equipment to hospitals treating patients with respiratory failure.

Dialog Club Vision hosts exclusive webinar for Red members

Intending to help individuals find happiness and balance in their lives, Dialog Club Vision treated their Club Vision Red members and their families to an exclusive online engagement event – ‘OKAY with Kapila’ conducted by the Founder of Voices of Humans, Global Activist, Motivational Speaker and Social Media Influencer Kapila Rasnayaka.

Abans brings ultimate comfort, convenience with LG innovative product range

South Korean electronics giant, LG, has always been at the forefront of introducing innovative products featuring the latest in technology, as part of their mission to help people lead comfortable and convenient lifestyles.

Elpitiya Plantations launches locally harvested ‘BerryMuch’ fresh berries

Fresh berries lovingly nurtured in Sri Lanka under the brand name, ‘BerryMuch’ will be launched in Sri Lanka.

UnuUnu set to revolutionize tea experience in the new normal

UnuUnu, a recently conceptualized startup launches a first-of-its-kind tea delivery in Colombo.

Samsung signs up youth icon Yohani as brand ambassador

Samsung, has signed music artist and youth icon Yohani de Silva as the brand ambassador for its premium Galaxy Z Series foldable smartphones, Galaxy Z Fold3 5G, Galaxy Z Flip3 5G and all its future launches.

Union Assurance reports highest regular new business growth in 1H

Union Assurance PLC closed the first half of the financial year as the fastest growing life insurer, achieving a 65 percent growth in regular new business premiums among the top five life insurers in Sri Lanka, amidst a pandemic-affected business landscape.

China set to open new stock exchange in Beijing

China has announced plans to set up a third stock exchange to serve small and medium-sized businesses. President Xi Jinping said the new share market will be in the capital Beijing, during a speech to the International Fair for Trade in Services.

China cuts children’s online gaming to one hour

Online gamers under the age of 18 will only be allowed to play for an hour on Fridays, weekends and holidays, China’s video game regulator has said.