Esri taps Mobileye sensors to turn transit fleets into rolling data feeds

Self-driving cars will one day have a big impact on urban traffic, but ahead of that tech companies are offering cities new cloud-connected tools to more effectively monitor and improve the flow of people, vehicles and goods.

Key steps to create engaging employer brand

A good salary is no longer the key criteria for job seekers. They are seeking out brands that not only pay fairly, but also have common values and a reputation of putting employees first. 

Fortinet offers essential cyber-safety tips on Safer Internet Day

Fortinet–a global leader in broad, integrated and automated cybersecurity solutions has offered safety tips to all internet users to commemorate ‘Safer Internet Day’ being celebrated globally on  February 6. 

Mitra Innovation and United Planet seal strategic enterprise portal partnership

The classic intranet is dead. As platforms purely for information they have offered too little additional value and many companies have been replacing them with effective enterprise portals. 

Virtusa showcases innovation and tech prowess during tech month

Virtusa announced the launch of ‘Virtusa Tech Month’, a celebration of the company’s innovative spirit and technology leadership, at its Colombo Advanced Technology Center recently.

Sarvodaya Development Finance: Unfolding the success story of a pioneer in microfinance

Sarvodaya Development Finance Ltd (SDF), a brainchild of the globally renowned Sarvodaya Movement, is a financial firm specialised in empowering the grassroot communities with financial solutions. Staying abreast of modern technology and innovation, SDF has created new avenues and continuously supported the growth of aspiring micro, small and medium entrepreneurs throughout the island. In 

Dimo partners HNB to enable Mercedes-Benz and Jeep purchase solutions

Once again demonstrating their strong commitment towards customer-focused service, Diesel and Motor Engineering PLC (Dimo) announced a partnership with Hatton National Bank (HNB) that will provide faster, easier, and more accessible leasing options for clients purchasing Mercedes-Benz vehicles.

HNB rolls out 600th smart self service sachine

HNB PLC announced further expansion to its cash withdrawal and deposit touch-points, providing customers with more convenience to make cash withdrawals and deposits.

ComBank sets new ATM withdrawal record in December 2017

The Commercial Bank of Ceylon dispensed an astounding Rs.50.769 billion in cash through its automated teller machines (ATMs) in December 2017, setting a new record and achieving an important milestone in such disbursements.

CDB expands wings with launch of latest branch in Ampara

Having carved its name as a business entity that proudly upholds the vision of being a financial powerhouse that will foster entrepreneurial innovation and workmanship, Citizens Development Business Finance PLC (CDB) opened its newest branch in the city of the Eastern province of Sri Lanka Ampara.

SLIA 36th Annual Sessions to kick off this month with A18

The 36th Annual Sessions of the Sri Lanka Institute of Architects (SLIA) is about to bring in novelty and originality to the architecture arena, as the annual sessions will be held from February 21st to 25th 2018 at the 

Global and local outlook on chrysotile fibre cement roofing sheets

Asbestos is in fact a set of six naturally occurring silicate minerals, which comes under two contrasting groups, Serpentine and Amphibole. Serpentine group consists of only chrysotile, while amphibole group comprises crocidolite, amosite, anthophyllite, tremolite, and actinolite. While other varieties of asbestos have ceased to exist in the commercial world, chrysotile continues to be used by 150 countries across the world including the USA, and

Watawala Plantations sees fall in profits; but remains confident of palm oil, dairy sectors

Watawala Plantations PLC (WATA) reported subdued financial performance for its most recent quarter, as the group which specialises in palm oil, suffered a setback in both top and bottom lines while the start-up losses of the group’s dairy business erased further profits.  Releasing the first interim results after it spun off the group’s upcountry tea business, WATA reported earnings of 85 cents per 

Bangladesh to sue Manila bank over US $81mn heist

DHAKA (REUTERS): Bangladesh’s Central Bank will file a lawsuit against a Philippines bank over its role in one of the world’s biggest cyber-heists two years ago, a deputy governor said on Wednesday.

Higher raw material costs dim SL’s largest poultry firm’s Dec. profits

Sri Lanka’s largest poultry operator, Ceylon Grain Elevators PLC (GRAN), reported weaker financial performance during the December quarter as the rise in production costs surpassed the virtually flat growth in the top line. 

Higher raw material costs dim SL’s largest poultry firm’s Dec. profits

Sri Lanka’s largest poultry operator, Ceylon Grain Elevators PLC (GRAN), reported weaker financial performance during the December quarter as the rise in production costs surpassed the virtually flat growth in the top line. 

Stocks rise to 3-mth high on foreign buying

REUTERS: Sri Lankan shares rose to their highest close in three months yesterday as foreign investors picked up blue chip stocks such as conglomerate John Keells Holdings Plc. 

Tess Agro announces rights issue to settle bank borrowings

Fisheries products exporter Tess Agro on Wednesday disclosed plans to raise Rs.59 million via a rights issue.

SL-S’pore FTA sparks investment interest among NZ firms

The recently signed Sri Lanka-Singapore Free Trade Agreement has been able to create a lot of enthusiasm among New Zealand companies operating in Singapore, India and Middle East to look for opportunities in investing in Sri Lanka, Sri Lanka-Australia-New Zealand Business Council (SLANZBC) said. 

Change likely in tax liability of foreigners on govt. securities

The government is likely to exempt the income tax liability on interest or discount paid to non-residents on rupee-denominated sovereign bonds, under the new Inland Revenue Act.

Web-based single window for biz registration from this April

A Memorandum of Understanding (MOU) has been signed between the Department of the Registrar of Companies and the Department of Labour to share information between the two departments for the establishment of a web-based single window for business registration.

She’s Mercedes: DIMO hosts an evening of indulgence exclusively for ladies

The brilliant canvas behind the idea that the power of inspired minds can effect excellence, She’s Mercedes,

Acting CEO Abdulaziz Al-Raisi celebrates the inauguration of Oman Air’s new Boeing 737 MAX

“This is a very exciting day for us as we take delivery of the first of our 30 Boeing MAX aircraft on order. 

Bileetateamed up with SLT for SaaS on ‘akaza’ Cloud and reselling partnership

Sri Lanka’s leading world class enterprise solutions provider and the licensed national backbone network operator, Sri Lanka 

SLIM Nielsen People’s Awards – Awarding the Choice of the People

In 2006 two giants in Sri Lanka’s Marketing sector came together to initiate the only awards programme i

Botanik Live - where art collaborates with food and space at Botanik

The hottest bistro in town, Botanik, injects new life into dining out with Botanik Live, an event where art collaborates with food and space

Samsung leads market as Sri Lanka No.01

Reiterating its position as world’s number one smartphone, Samsung is confident in maintaining a majority of market share 

Fitch maintains ‘B+’ rating on Sri Lanka; outlook ‘Stable’

Fitch Ratings has maintained Sri Lanka’s ‘B+’ rating with a ‘Stable’ outlook.

Sri Lanka sees strong growth in tourist arrivals in January

The Sri Lankan tourism industry got off to a strong start in 2018, with 246,972 tourists arriving in the country in January, recording a 12.6 percent growth over the corresponding period in 2017.

Sri Lanka among core markets for Tundra Sustainable Frontier Fund

The Sweden-based global asset management company, Tundra Fonder’s Tundra Sustainable Frontier Fund, has identified Sri Lanka as a core market and is planning to hold an investor forum in Colombo this March.