DFCC Bank opens first solar-poweredoffsite ATM in Sapugaskanda

DFCC Bank PLC opened itsfirst solar powered offsite ATM at the LINDEL Industrial Estate on the 15th of September 2016, located at Pattiwila Road, Sapugaskanda, Makola

Prima Champions Cup to Commencefor 10th Consecutive Year

The Prima Group, in partnership with Sri Lanka Cricket, has made all plans to commence the Prima Champions Cup 2016under 15 Inter-district and inter provincial Tournaments 

Shanil Fernando named ICT Leader of the Year 2016

Shanil Fernando, Co-founder, SVP & Managing Director of CAKE LABS, was named the ICT Leader of the Year 2016 by the Computer Society of Sri Lanka (CSSL).

Shares edge down on VAT hike concern

REUTERS: Sri Lankan shares closed marginally lower yesterday, posting their lowest closing level in nearly six weeks, as a government proposal to raise the value-added tax (VAT) hurt market 

Govt. turns deaf ear to pleas of asbestos roofing sheet makers

??By Shabiya Ali Ahlam The roofing sheets industry leaders continue to be in a distressed state as the 

Sri Lanka aims for budget deficit of 4.7% of GDP next year: FinMin

REUTERREUTERS: Sri Lanka will cut its budget deficit to 4.7 percent of gross domestic product (GDP) in 2017 from 5.4 percent this year, 

BLUE board suspends Chinese Deputy Chairman/MD

The executive functions of Deputy Chairman and Joint Managing Director of Blue Diamonds Jewellery Worldwide PLC, Xia Liqang, a Chinese national, have been suspended with immediate 

Malaysian parent looking to trim ownership in Dialog Axiata: report

Axiata Group Bhd., Malaysia’s biggest mobile-phone operator, is seeking to trim stakes in some of 

Lanka Hospitals introduces “int’l practice” for blood cancer patients

Multi award winning Lanka Hospitals PLC has introduced Multidisciplinary Team (MDT) Meeting system for blood cancer patients, a standard practice in cancer centers/ hospitals in the United Kingdom. 

Amãna Bank partners with Imperial College for education financing

Amãna Bank, Sri Lanka’s premier non-interest based licensed commercial bank, has tied up with Imperial College of Business Studies (ICBS) to offer affordable education finance facilities for students undergoing undergraduate and postgraduate degree programmes offered by the institute. 

E.B. Creasy Group to run live with SAP S/4HANA

SAP SE recently announced that E.B. Creasy Group, one of Sri Lanka’s oldest industry leaders and part of Colombo Fort Lands and Building Company PLC (CFLB), went live on the SAP S/4HANA. “With our unrivaled business legacy of more than a century, E.B. Creasy Group, including C.W. Mackie Group, have understood the value of digitized operations in a digital economy,” said Lalith Kulasinghe, Head of IT, Colombo Fort Group Service (

Hutch launches ‘Dial Tunes’, another industry first

Hutch, a leading mobile broadband services provider in Sri Lanka launched another industry first, Hutch “Dial Tunes”. 

NDB signs up Softlogic Retail to offer Western Union services

National Development Bank PLC (NDB), a principal agent of Western Union, has recently signed up Softlogic Retail (Pvt.) Ltd to offer Western Union Money TransferSM services through its full channel of Softlogic and Softlogic Max stores, which retail a range of world-renowned consumer electronics brands across the island.

Nawaloka Hospital and Ceyoka offer shock wave therapy for orthopedic patients

Orthopedic ailments are among the most debilitating conditions afflicting Sri Lankans today. While surgery is a treatment option, it is invasive and could result in numerous complications.

Link Natural Products pioneers in herbal healthcare

Herbal medicine has been an integral part of Sri Lanka for generations. As one of the leading companies that utilizes the ayurvedic knowledge and wisdom of our ancestors, Link Natural Products has served and provided safe, effective herbal products to enhance the health and longevity of people for over three decades. 

IASL appoints new office bearers at 25th AGM

The Industrial Association of Sri Lanka (IASL) recently announced the appointment of their office bearers for the year 2016/2017at its 25th Annual General Meeting held at the JAIC Residencies. Dinesh Dharmadasa, Legal and External Affairs Director, Ceylon Tobacco Company PLC was elected as the Chairman of the Association for the ensuing year while.Rimoe Saldin, PolypakSecco (Pvt) Ltd was elected as the Senior Vice Chairman and Dushantha Ranaraja,

Japan-SL Investment Road Map working group meets

The working group meeting for the formulation of the Japan-Sri Lanka Investment Road Map was held at the Development Strategies and International Trade Ministry recently. The Japanese delegation, which was headed by Japanese Ambassador Kenichi Suganuma, met Development Strategies and International Trade Minister Malik Samarawickrama and the ministry officials.

InventusTechnologies launches internet business directory

In a bid to fulfill the demand of a comprehensive internet business directory, a new website catchmytrade.com was launched recently by InventusTechnologies Company. The website was officially unveiled on September 14, 2016.

Optometrist Association holds annual scientific sessions

The annual scientific sessions and expo of Sri Lanka Optometrist Association (SLOA) was held for the 10th consecutive year at Waters Edge on August 28th.

SLT powers Peradeniya campus with top “Carrier-Grade Wi-Fi Hotspot”

Sri Lanka Telecom, the national ICT solutions provider in the country launched its latest carrier-grade Wi-Fi hotspot at the University of Peradeniya. 

UltraTech Cement Lanka joins with CIDA to enhance industry skills

UltraTech Cement Lanka entered into a Memorandum of Understanding (MoU) with the Construction Industry Development Authority (CIDA) the apex government regulatory body. 

mCash-Central Finance partner for leasing payments

The national mobile service provider SLT Mobitel has partnered with Central Finance enabling Central Finance customers to simply pay their leasing payments from his/her own mCash account or by walking into any mCash touch points islandwide to make their leasing payments conveniently.

Hayleys Plantation Sector excels at Asia Pacific HRM Congress

The Hayleys Plantations Sector was adjudged number one in Asia for its Quality Work-life HR Practices and was presented the ‘Award for leading HR practices in quality work-life’ at the Asia Pacific HRM Congress. 

Govt. intervention sought to prick real estate bubble

??By Chandeepa Wettasinghe The government should intervene to burst the real estate bubble in 

IPM to steam ahead with new Executive Council

IPM Sri Lanka, the nation’s leader in human resources management, recently elected its new Executive Council for the year 2016/17, which comprises of highly respected professionals and industry experts in order to steam ahead with a new strategic plan to take HR in Sri Lanka to the next level. 

Rupee ends lower on importer dollar demand

The Sri Lankan rupee ended 0.2 percent weaker yesterday as importer dollar demand surpassed exporter sales of the U.S. currency, dealers said.

Sri Lanka Telecom wins City & Guilds Lion Award

Sri Lanka Telecom (SLT) proudly announces that the SLT Training centre has been recognized as the “International Centre of Excellence - South Asia 2016/17”.  This award was announced at the City & Guilds Lion Awards 2016, held at the Capel Manor College in London recently.  

JKOA recognises high flyers at annual network gathering

John Keells Office Automation (Pvt) Ltd (JKOA) hosted its technical service provider network to a day of discussion, performance evaluation and celebration at the Hilton. Following the main programme, high-performing technicians were recognised for their exceptional performance over the last year.

Ruhunu Hospitals to organize ‘Ruhunu Rusiru’ for children in Galle

Ruhunu Hospitals (Pvt) Ltd – one of the leading private hospitals in the Southern Province is organizing an art competition ‘Ruhunu Rusiru’ with the participation of schoolchildren representing 50 schools in the Galle district to create more brand awareness among the public about the services of the hospital. 

China is destined to lead, but not ready

For a great power to lead the world there are a few qualities that it should bring to the table. These include, but are not limited to, material strength, an aspiration for recognition and sufficient international support. Does China currently possess these qualities?