Goodbye ‘high-pressure’ economy, Fed hopes Trumped

Goodbye “high-pressure” economy; an interesting idea but one Federal Reserve Chair Janet Yellen will probably never get to try in the Donald Trump era.

California shuts down Uber’s self-driving cars

AFP -  California shut down Uber’s testing of self-driving cars shortly after the ride-sharing service launched its pilot in San Francisco, citing a lack of permit and threatening to sue.

Medical Devices Industry Chamber holds 2nd AGM

The Sri Lanka Chamber of Medical Devices Industry (SLCMDI), established in 2015, held its second Annual General Meeting (AGM) recently. 

J&J ends takeover talks with Actelion

REUTERS: US healthcare company Johnson & Johnson (J&J) said on Tuesday it has ended discussions with Actelion regarding a potential deal with Europe's largest biotech firm.

Global imbalances are back

In 2010, then US Treasury Secretary Timothy Geithner wrote a letter to G20 finance ministers. He recommended that each country pledge to keep the current account surpluses and deficits within 4 percent of gross domestic product (GDP).

Ceylinco Life with Army constructs library building for Kilinochchi school

A small government school in Kilinochchi has received a building to house a library for its students and teachers through the generosity of Ceylinco Life and the Sri Lanka Army.

Kelani Cables clinches Silver at SLIM Brand Excellence 2016 Awards

Kelani Cables PLC, Sri Lanka’s number one brand in secure electrical and communication cables, bagged Silver at the 15th SLIM-Brand Excellence 2016 Awards ceremony held at the BMICH.

Is entrepreneurship in your DNA?

The world around us is full of stories about how entrepreneurs succeed. Most of those stories assure us that if there is a will, there is a way to success.

Fitch affirms Sunshine Holdings at ‘A(lka)’; outlook stable

Fitch Ratings has affirmed Sri Lanka-based diversified conglomerate Sunshine Holdings PLC’s national long-term rating at ‘A(lka)’. The outlook is stable.  

DPMC donates a transport ventilator to Kalubowila Hospital

When a patient is brought in to the emergency unit or accident ward and needs to undergo a battery of tests but also needs support in breathing, use of a fixed or large ventilator is impractical. 

CADD Centre Lanka evolving as centre for design excellence

CADD Centre Lanka (Pvt) Ltd is a part of Prestigious EWIS group having over fourteen years of professional career development experience as an institute conducting internationally recognized courses of world renowned software giants which are also key affiliation partners i.e. Autodesk, Dassault Systems, Bentley, PTC, Cadence, Oracle etc. 

Hemas Hospitals excels for HR innovations at NOSHE Awards

Sri Lanka’s pioneering multi-chain healthcare provider, Hemas Hospitals, attracted local and international recognition for its groundbreaking advancements in the delivery of cutting-edge healthcare services, securing awards in quick succession at three separate awards events in recent weeks.

Pan Asia Bank opens 82nd branch in Mawanella

Pan Asia Bank ceremonially opened its 82nd branch in Mawanella yesterday at No 300, Kandy Road, Mawanella. 

Exporters’ chamber discusses draft national trade policy

Sri Lanka is in the process of finalizing a national trade policy, which is being developed by the Development Strategies and International Trade Ministry, with the assistance of the Industries and Commerce and Finance Ministries and related state agencies, with inputs from the private sector and other stakeholders.

Fortinet predicts tipping point for cyber security as threats become more intelligent

Fortinet, the global leader in high-performance cybersecurity solutions, recently unveiled six predictions from the FortiGuard Labs threat research team about the threat landscape for 2017. 

Altair builds Hindu shrine with facilitation of Gangaramaya Temple Chief Incumbent

Altair, the property development that is transforming the Colombo 2 neighbourhood with its iconic twin-tower high-rise, has responded to the request of a leading Buddhist prelate to build a Hindu shrine at the intersection of Union Place and Sir James Peiris Mawatha at Kompanña Veediya as a service to the community.

CIC Holdings’ 2015/16 Annual Report wins Gold at the 52nd Annual Report Awards of Institute of Chart

CIC Holdings’ walked away with the Gold award in the Manufacturing companies category at the 52nd Annual Report Awards competition organized by the Institute of Chartered Accountants

Coca-Cola & The Magical Story Of Santa Claus

Over the years Coca-Cola with its well-loved Christmas adverts and campaigns, as well as its ongoing promise of refreshment, has become an integral part of the holiday season.

Hirdaramani Inaugurates New Center of Operations for its Shared Services Teams

Hirdaramani is proud to announce the opening of ‘The Hub’, a new purpose-built centre of operations to house the core group Shared Services functions,

Kaspersky Lab together with Avian Technologies presents Kaspersky Internet Security 2017 version wit

Kaspersky Lab has presented the new version of its flagship security solution Kaspersky Internet Security 2017 with Multi Device protection,

CIC CSR initiative ‘Manussakema’ Launches New, Impactful Initiatives

Synonymous with the Sri Lankan agri-industry, CIC has consistently pioneered innovative ways in which to assist the agricultural community to maximize

Richard Pieris Finance-Chilaw Finance merger to be completed in March

The Richard Peiris group’s financial arm, Richard Pieris Finance Limited (RPFL), has been granted 

Shares hit 2-wk closing low; blue chips weigh

REUTERS: Sri Lankan shares closed at their lowest in two weeks yesterday as foreign investor outflows 

Fed set to hike rates, policy outlook now hinges on Trump presidency

REUTERS: The Federal Reserve will conclude its two-day policy meeting on Wednesday afternoon 

HNB Assurance relocates headquarters, marks 15th anniversary

HNB Assurance PLC (HNBA) celebrated its 15th year in operations recently. 

IPM signs up as strategic partner with NYDB for ‘Rekiyabishekaya’

IPM Sri Lanka – the nation’s leader in human resources management – signed up as the strategic 

LIC Chairman V.K. Sharma in town

Vijay Kumar Sharma, Chairman and Managing Director of Life Insurance Corporation of India and 

Nehemiah Consultants partners with Block3 Creative

Nehemiah Consultants, one of the fastest growing public relations agencies in the country recently 

SilkAir to operate flights to Colombo from April

SilkAir, the regional wing of Singapore Airlines (SIA), will commence flights to Colombo on April 8, 

Festive indulgences with SampathCards seasonal offers

Kicking off the festive season in November with big celebrations, bigger discounts and the biggest