Janashakthi Akuressa Branch at New Premises for Enhanced Convenience

In line with its commitment to delivering service excellence, leading Sri Lankan insurer Janashakthi Insurance PLC relocated its Akuressa branch office to a more spacious premises, located 

ITGRC to hold cybersecurity risk management workshop for BFSIs

IT Governance and Risk Consulting Ltd (ITGRC), a pioneering information security and training company has announced a cybersecurity risk management workshop on November 15 for the first time in Sri Lanka.

Infotel 2017 to kick off tomorrow with novel features

Infotel 2017, South Asia’s biggest information and communication technology exhibition organised by the Federation of Information and Technology Industry Sri Lanka (FITIS), will open at the Bandaranaike Memorial International Conference Hall (BMICH) tomorrow.

Hitachi introduces Hitachi Vantara

Hitachi, Ltd launched Hitachi Vantara, a new business entity to leverage the broad portfolio of innovation, development and experience from across Hitachi group companies to deliver data-driven solutions for commercial and industrial enterprises. 

Central Bank on suicidal mission?

Despite the Central Bank seen taking pride in their recent attempts towards an inflation targeting regime—a new way to determine interest rates— a group of leading economists in the country called the move “suicidal” and not in the best interest of the monetary authority.  The Central Bank last year undertook the exercise to setting up an inflation targeting framework under its Extended Fund Facility arrangement with

NDB 3Q profit up on healthy growth in loans, margins 

National Development Bank PLC (NDB) reported an after-tax profit of Rs. 1.03 billion or Rs.6.13 a share for the July– September quarter (3Q17), which is an increase of 17.2 percent from the same period last year, the interim financial accounts showed.  

Govt.’s PPP boss wants new set of regulations to facilitate investment

The chief of the Finance Ministry’s new National Agency for Public Private Partnerships (NAPPP), which is shrouded in secrecy, wants new rule books written for his agency, and to facilitate delayed investment projects, since the old rule book is too restrictive. NAPPP Chairman Thilan Wijesinghe 

October inflation hits record high

Sri Lanka’s consumer prices measured by the Colombo Consumer Price Index (CCPI) rose to 7.8 percent in October from a year ago, accelerating from 7.1 percent in September, pushing the country’s inflation rate to near disturbingly higher levels.    

Chemanex to exit export business

CIC group subsidiary Chemanex PLC said yesterday it was ceasing its export business, as such operations have been deemed to be unviable.

Qatar shows interest in SL’s tourism, power and agri sectors

The oil rich Gulf state Qatar has expressed interest in investing Sri Lanka’s tourism, power and agriculture sectors.

Amãna Takaful strikes Gold as ‘Takaful Entity of the Year’

Amãna Takaful PLC (ATL) was awarded the prestigious Gold Award in the ‘Takaful Entity of the Year’ category at the Islamic Finance Forum of South Asia (IFFSA) Awards held recently. 

Richard Pieris Finance wins big at Islamic Finance Forum Awards Night

Richard Pieris Finance Ltd, the sole financial service arm of Richard Pieris and Company PLC clinched three major awards at the Islamic Finance Forum of South Asia Annual Conference and Awards Night held recently at Ramada Hotel.

Sampath Sanhinda Saver rewards senior citizens with over Rs.100 mn in medical benefits

In line with its commitment to caring for its customers and adding greater value to their lives, Sampath Bank announced that is distributing over Rs.100 million in medical benefits to Sampath Sanhinda Saver account holders.

Epic Technology Group partners Union Bank’s digital banking platform

The award winning regional technology services provider, Epic Technology Group, once again proved its dominance in the field of FinTech solutions, having being assigned as the preferred technology partner by Union Bank.

Fitch affirms Standard Chartered Sri Lanka branch at ‘AAA(lka)’

Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka Branch’s (SCBSL) National Long-Term Rating at ‘AAA(lka)’. The Outlook is Stable.

Final week to experience the world’s tallest model apartment

Blue Mountain Group’s most iconic real estate development to date, Achilleion, recently announced 2nd November 2017 as the last day for prospective customers to view the majestic model apartment at Achilleion to experience 7-star luxury at its best. 

Invoke completes 365 days of total real estate development solutions

Invoke (Pvt.) Ltd, the Property Marketing and Sales Specialist renowned for their expertise in design augmentation, production of marketing collateral, client solicitation and relationship management completes a successful first year.

SLIIT Computing launches BEng degree in electronic and electrical engineering

SLIIT Computing in association with Liverpool John Moores University, UK has launched a three year route towards a BEng (Honours) degree programme in electronic and electrical engineering with registrations for the January 2018 intake now open.

CMA to commence Certificate Course in Corporate Secretaryship

Identifying and responding to a growing need in the corporate sector, the Institute of Certified Management Accountants of Sri Lanka (CMA) will be commencing a Certificate Course in Corporate Secretaryship in November 2017.

BCS President impressed by standard of Lankan IT professionals

The President of British Computer Society (BCS), Paul Martynenko, during his recent visit to Sri Lanka, said that he was hugely impressed by the standards of Information Technology (IT) professionals and the education system of the country.

Omobio partners NSBM Career Fair 2017 for School of Computing

Omobio Private Limited, one of the leading telecom software developers, tendering its service to Telecom Operators and Telecom Service Aggregators, has partnered with NSBM Career Fair 2017 as the Gold sponsor for the category of School of Computing.

Young professionals’ contribution vital to take country forward: Eran

State Finance Minister Eran Wickramaratne at the recent graduation ceremony of the Swinburne University opined to motivate the budding professionals, describing their important role to help take Sri Lanka forward

Hemas Hospitals Thalawathugoda launches diabetes clinic

Hemas Hospitals Thalawathugoda recently launched ‘Hemas Diabetes Clinic’ – a special clinic to diagnose and treat patients with diabetes and other diabetic-related ailments, as well as raise awareness about the rising non-communicable disease among Sri Lankans. 

oDoc wins Commonwealth Digital Health Award

oDoc, a Sri Lankan startup linking patients with doctors on-demand, emerged winners in the Telemedicine category at the recently concluded Commonwealth Digital Health Awards. 

Laugfs Chairman accoladed ‘Entrepreneur of the Year’ at ACES Awards 2017

Veteran business leader and Laugfs Holdings Chairman W.K.H. Wegapitiya won the ‘Entrepreneur of the Year’ award at this year’s Asia Corporate Excellence and Sustainability Awards (ACES) held in  Singapore recently.

Aitken Spence Travels to bring 20 charter flights from Russia this season

For the second consecutive year, Aitken Spence Travels will be bringing in 20 charter flights from Russia for the annual season.

Free medical camp to take place at Kirulapone Jummah Masjid on Sunday November 5th

The Trustees of the Kirulapone Jumma Masjid will be organizing a free medical camp in collaboration with the Kirulapone Police from 9am on 

Shanghai business delegation visits Ceylon Chamber

A Chinese business delegation led by the Council for Promotion of International Trade Shanghai (CPIT Shanghai) visited the Ceylon Chamber of Commerce (CCC) recently to hold discussions to enhance commercial ties between Sri Lanka and China.

Pathfinder attends Bay of Bengal Regional Cooperation Conference in New Delhi

Pathfinder participated in a conference themed ‘Connecting the Bay of Bengal: India, Japan and Regional Cooperation’ organised by Carnegie India and India Development Foundation in collaboration with the government of Japan, which was held recently in New Delhi.  

Indian entrepreneur Anjana Reddy as keynote speaker at NHRDC Forum

The National Human Resources Development Council of Sri Lanka will kick off the ‘Young, bold and daring – the spirit of young entrepreneurs for a country enriched’,  a discussion forum and workshop on 2nd of November at 8:30a.m. at the BMICH.