Janashakthi extends life insurance services to North with second Jaffna branch

One of Sri Lanka’s foremost insurers, Janashakthi Insurance PLC, in its continued commitment to delivering service excellence, recently opened its second branch in Jaffna, extending its Life Insurance services to its valued customers in the North.

Save smart with CLC savings accounts

Commercial Leasing & Finance PLC (CLC), has launched a range of saving account solutions that have been touted to be the smartest, safest and most convenient way of saving and accessing your day to day financial needs, whilst providing the ability to benefit from increasingly high returns. 

Dialog partners Aussie Foreign Affairs Dept. to roll-out 200 ATM locations in Northern Province

Dialog Axiata PLC and Australia’s Department of Foreign Affairs and Trade (DFAT) collaborate to pilot a digital payment platform roll-out across 200 ATM (Automated Teller Machine) locations in Sri Lanka’s Northern Province. The announcement was made at the launch ceremony held in Jaffna.

Aitken Spence wins ‘Best Corporate Citizen Sustainability Award 2017’

Diversified conglomerate Aitken Spence PLC won the coveted ‘Best Corporate Citizen Sustainability Award 2017’ at the annual event organised by the Ceylon Chamber of Commerce, to recognize the sustainable champions of the local corporate world, while Hatton National Bank PLC and Cargills (Ceylon) PLC became the first and second runners-up of the competition, respectively.

Do you call your mom often? Then your loan application could get approved quickly

Do you call your mom more often? Then perhaps you have a higher likelihood of getting your next loan application approved than someone else who calls his or her mom less frequently.

Central Bank does not see need for another rate hike

REUTERS: Sri Lanka’s Central Bank does not see a need for a rate rise due to lower core inflation, but the monetary authority is cautiously monitoring the numbers, Governor Dr. Indrajit Coomaraswamy told Reuters on Tuesday.

Hundred Chinese couples to tie the knot in Colombo

In a bid to place Sri Lanka as a major destination for tourists, 100 Chinese couples will tie the knot at a gala wedding ceremony on December 17, at Town Hall, Colombo, under the patronage of President Maithripala Sirisena. 

Bitcoin tops US $ 10,000; marks 10-fold increase in 2017

REUTERS: Virtual currency bitcoin soared to an all-time high above US $ 10,000 yesterday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp.

Budget should have included more disaster prevention programmes: WB

On the back of Sri Lanka experiencing some of the worst floods and droughts in history over the past 18 months, the World Bank noted that the 2018 budget should have reached for more disaster prevention programmes.

Unilever introduces Surf Excel Matic Liquid to local market

Creating yet another revolution in the laundry market, Unilever Sri Lanka is now introducing Surf Excel Matic Liquid to the Sri Lankan consumers.

Microsoft and SAP partner to offer joint cloud capabilities

Microsoft Corp. and SAP SE this week announced integrated offerings to provide enterprise customers with a clear road map to confidently drive more business innovation in the cloud. 

RY (Rajan Yatawara) – The extraordinary human being

He was RY to me. My little daughter (whom he was very fond of) used to call him ‘YR’. The corporate world knew him as Rajan and at Hayleys, everybody called him Mr. Yatawara. 

Pan Asia Bank joins hands with Singer Sri Lanka

Pan Asia Banking Corporation PLC recently joined hands with the country’s largest consumer goods retailer Singer (Sri Lanka) PLC, to accept Pan Asia Bank credit card payments. 

JLanka Technologies wins accolades at Techno Sri Lanka 2017

Leader in next generation energy technologies and Solar PV Systems, JLanka Technologies proved its mettle at Techno Sri Lanka 2017 by clinching two awards at the awards ceremony held at the Kingsbury Hotel in the presence of Chief Guest Science, Technology and Research Minister Susil Premajayantha.

IPM President leads team to UK CIPD HR Conference

IPM Sri Lanka President Prof. Ajantha Dharmasiri together with a team of HR professionals represented IPM Sri Lanka at the 70th Annual Conference of the Chartered Institute of Personnel and Development (CIPD), UK recently. 

Machine learning will become most important technology since Internet

Machine learning will be a defining technology of 2018, doing more to change how we live and work than any technology since the Internet.

Silk Road presents more opportunities than infrastructure

China’s Belt and Road (B&R) initiative is an ambitious undertaking that has the potential to reshape the global economy and transform world trade.

Facebook to expand artificial intelligence to help prevent suicide

REUTERS:  Facebook Inc. will expand its pattern recognition software to other countries after successful tests in the US to detect users with suicidal intent, the world’s largest social media network said this week.

Omentra moves to online end-to-end procurement services

Omentra.com, which started as a business-to-business (B2B)  e-commerce service in Sri Lanka on July 10 this year, has within its first quarter expanded into becoming  Sri Lanka’s first online procurement service, making it also one of the few available in the global market.

ComBank honours 136 staff for 25 years of service

Commercial Bank of Ceylon felicitated 136 of its staff members in recognition of 25 years of loyal service at the bank’s annual Seniority Awards ceremony for 2017.

People’s Bank holds Colours Night 2017

The Colours Night organised by the People’s Bank Sports Club was held on a grand scale for the 15th time at Cinnamon Lakeside, Colombo recently. 

Fact-checking critics of Chinese aid

Pundits and journalists have often argued that Chinese loans are expensive and harmful to recipient countries. But they fundamentally misunderstand how Chinese aid and investment works across different countries.

Fourth EU-Sri Lanka Dialogue explores Sri Lanka’s investment and trade potential

The Ministry of Development Strategies and International Trade and the Board of Investment of Sri Lanka conducted for the fourth time a dialogue with the European Union Embassy and embassies of representative countries of the Union.

Indian telecom regulator recommends rules in support of net neutrality

REUTERS: India’s telecom regulator on Tuesday recommended explicit restrictions on any discrimination in Internet access as part of its much-awaited recommendations on net neutrality.

Pakistan has much to offer to Lankan tourists: travel operators

Pakistan, one of Sri Lanka’s cricketing neighbours, has a large number of tourist attractions as well apart from the sport, a Pakistani travel company said recently. The representatives of Saiyah, a Pakistani destination management company, was in Sri Lanka recently to meet Sri Lankan travel operators, Officials of the Pakistan High Commission and SriLankan Airlines to promote Pakistan tourism and to discuss issues faced by Sri Lankans when

Big data enthusiasts meet at Virtusa

The latest Colombo Big Data Meetup took place recently at Virtusa. 

Apparel industry lowers export target over delays in regaining GSP Plus

The apparel industry has set its sights lower for the medium term with a US $ 8 billion annual export target to be reached by 2022 over the delays in regaining the duty free access to the European Union (EU) via GSP Plus and due to the economic and political uncertainties in key Sri Lankan export markets.

Radco awarded ISO and SLS Quality Standards Certifications

Radco, the fastest selling heat exchanger brand in Sri Lanka marketed by Browns Thermal Engineering (Pvt.) Ltd celebrated a landmark achievement in the industrial and power generation sector by being the first and the only radiator brand in the island to receive the SLS 740 and ISO 9001:2015 Quality Standards Certifications at the recent awards ceremony held at the Marco Polo Room in Excel World.

DFCC Bank partners with the Fairway Galle Literary Festival

DFCC Bank, recently joined hands with the upcoming Fairway Galle Literary Festival,

Serendib Flour Mills – Seven Star Wheat Flour claims Silver at the SLIM

Serendib Flour Mills (SFML) recently won a Silver award in the B2B Brand category at the prestigious SLIM Brand Excellence Awards,