Central Bank Governor speaks about status of economy to University Women Federation

It was mismanagement and living beyond our means that caused the downfall of our economy, stated Central Bank Governor Dr. Indrajit Coomaraswamy when he addressed the 75th Annual General Meeting (AGM) of the Sri Lanka Federation of University Women last Saturday. 

GIS Solutions launches digital mapping competition to mark World GIS Day 2016

The Geographical Information Systems (GIS) Day provides an international forum for users of GIS technology to demonstrate real-world applications that are making a difference in our society.

Achilles heel of budget 2017 should not be implementation: CCC

Budget 2017 has signalled continuity in the economic policy priorities of the government, following from budget 2016 and the prime minister’s economic policy statements of November 2015 and October 2016. The Ceylon Chamber of Commerce (CCC) observes that budget 2017 seeks to continue the government’s focus on modernizing the economy, inclusive growth, strengthening the middle class and rebalancing towards an export and private investm

Anantaya – Chilaw brings glory to Sri Lanka at World Luxury Hotel Awards

Anantaya Resort & Spa – Chilaw did Sri Lanka proud on the global tourism stage, grabbing the Country Award for Luxury Hotel and Conference Centre in addition to walking away with the coveted Regional Award for Luxury Wedding Destination at the 2016 World Luxury Hotel Awards ceremony held in Qatar. 

New audit report to improve transparency in financial reporting

In keeping with its continuing efforts to ensure the country was in line with international standards, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has taken steps to implement the new audit report from March 2018. 

HNB Assurance-HNB General Insurance relocates Horana branch

HNB Assurance PLC (HNBA) and HNB General Insurance Limited (HNBGI) announced the relocation of its Horana branch recently. 

Lankan Angels back Aniwa.lk – a unique startup platform to reach Sinhala audiences

Since launching in January 2016, Aniwa.lk has made an indelible mark in Sri Lanka’s online space.  Aniwa.lk differentiates itself by steering away from the all too common Sinhala gossip website brimming with celebrity news and political scandal, and publishes wholly-original light and useful articles on topics including lifestyle, fashion, arts and culture, health, travel, food, and trending social issues. Conceived, researched and voi

Malindo Air voted Asia Pacific Regional Airline

Malindo Air was unanimously voted Asia Pacific Regional Airline of the Year at the 2016 CAPA Asia Pacific Aviation Awards of Excellence held in Singapore during the CAPA Asia Pacific Summit.

LOLC Finance relocates Anuradhapura branch to own premises

With an ambitious aim towards expanding and intensifying its operations in Anuradhapura, LOLC Finance PLC relocated its branch in the great monastic city to its very own sophisticated premises at No: 242/2, Maithripala Senanayake Mawatha, Anuradhapura.

Why it’s important to understand difference between winning and losing

A week has passed since Donald Trump’s unexpected victory as President-Elect of the United States, which caught everyone by surprise. Somehow, in that entitled manner of the politically correct elite, it was supposed to be Hillary Clinton. Although the dust has settled, what we are witnessing still is endless protests and demonstrations against a Trump presidency. 

Microsoft promotes ICT skills among more Sri Lankan youth

Microsoft together with Sarvodaya-Fusion broadened its computer science project to Katana, Anuradhapura, Tissamaharama and Monaragala over the last two month. 

Ceylinco Insurance September quarter profit falls 20% but premiums rise

Ceylinco Insurance PLC, which runs Sri Lanka’s market-leading life insurance business based on gross written premiums (GWPs), saw its September quarter (3Q16) net profits falling by 20 percent to Rs.850.9 million or Rs.32.21 a share from a year ago, the interim results released to the Colombo Stock Exchange showed. 

Sampath IT Solutions recognized as Best Business ICT Provider of the Year

In recognition of developing cutting-edge information technology solutions, Sampath IT Solutions, a member company of the Sampath Bank Group was recognized as the Best Business ICT Solutions Provider of the year at the recently concluded South Asian Partnership Summit Awards (SAPS) 2016 held at Waters Edge. 

Emirates Skywards adds Wall Street Journal to list of partners

Emirates Skywards, the award-winning frequent flyer programme of Emirates airline has signed on The Wall Street Journal (WSJ) as its latest partner, enabling members to redeem miles for an annual digital subscription to the world’s leading source of business news.

Gulf Air reconnects Colombo to its network

Gulf Air, the national carrier of the Kingdom of Bahrain announced the addition of the Sri Lankan capital city, Colombo, to its network of destinations with the upcoming launch of 5 weekly flights to/from Bandaranaike International Airport from 19th January, 2017.

Aprico Finance relocates to Kottawa

Arpico Finance Company PLC relocated its Godagama branch to a prime location in Kottawa, Pannipitiya. 

Sampath Bank opens 227th branch in Kelaniya

Sampath Bank opened its newest branch in Kelaniya, at No: 1011, Biyagama Road, Singharamulla, Kelaniya, to provide its residents the world of state-of-the-art banking services to fulfil their banking needs with ease and convenience.

Daraz.lk announces ‘Black Friday’ campaign for first time in Sri Lanka

Barely a month following its introduction in Sri Lanka, Daraz.lk has announced the rollout of the biggest sale of the year. 

The Quintessentially Christmas Atelier in partnership with Jaguar Land Rover

The Quintessentially Christmas Atelier is back this December after the well rounded success of last year's event. In partnership with Jaguar Land Rover Sri Lanka,

Daraz.lk announces the approach of “Black Friday” for the first time in Sri Lanka

Barely a month following its introduction in Sri Lanka, Daraz.lk has announced the rollout of the biggest sale of the year. The Daraz Black Friday promotional event

CBL Wins Highest Number of Awards YetAgain at the SLIM Brand Excellence Awards

Ceylon Biscuits Limited (CBL) triumphed at the SLIM Brand Excellence Awards 2016, heldat the BMICH, on 08 November 2016, walking away with 8 awards in total, 

Bharat Avalani of AFF Fast Track programme visits Leo Burnett Sri Lanka

Bharat Avalani, Chief Knowledge Officer of the AFAA FastTrack Programme recently visited the Leo Burnett Sri Lanka office to meet and receive feedback from Burnetters who 

Planters come forward to protest against budget proposal on RPC land

The Planters’ Association of Ceylon (PA), the industry body representing the country’s regional 

PM reveals grand plans for Hambantota

Hot on the heels of a proposed debt-to-equity deal with the Chinese for the Hambantota Port 

Singer Sri Lanka 3Q net up 76% as consumer demand runs high

Consumer durable?Consumer durables giant Singer (Sri Lanka) PLC s giant Singer (Sri Lanka) PLC posted a net profit of Rs.265.46 million for its third 

Shares fall for 3rd session to over 4-mth closing low

REUTERS: Sri Lankan shares fell to a more than four-month closing low in thin volume yesterday as 

Fitch loads reforms in budget to boost dwindling revenue base

While acknowledging budget 2017 contains a number of positive measures to boost the country’s 

NSB’s Annual Report recognized at ARC Awards

The National Savings Bank has recently won the Best of Sri Lanka Award for its Annual Report – 

LankaPay to revolutionize retail payments landscape via JustPay

LankaClear Pvt Ltd, the operator of LankaPay – Sri Lanka’s national payment network recently 

National and global challenges for sustainable development

Following is the keynote address delivered by Dr. Saman Kelegama at the University of Peradeniya