Nation Lanka looks to divesting assets to meet capital adequacy

Nation Lanka Finance PLC (CSF) is currently evaluating the possibility of divesting some of its holdings 

FinMin wants state to intervene in creating competitive market

Finance Minister Ravi Karunanayake said that the government has taken speedy action to drive the 

August tourist arrivals up 12%; eight months arrivals top 1.36mn

Tourist arrivals to Sri Lanka were up by 11.8 percent to 186, 288 in August from a year ago with 

BOC becomes most ‘liked’ state bank on Facebook

Taking on the digital world, Bank of Ceylon (BOC) passes over 100,000 authentic ‘likes’ on its official 

Dominos introduces all new menu

The perennial image of the round pizza in triangles in a square box at Domino’s Sri Lanka is tasting 

Browns Agriculture empowers Sri Lankan farmers

A ceremony was held at the Mahaweli Buddhi Mandapaya in Embilipitiya recently organised by the Sri Lanka Mahaweli Authorityand under the patronage of President Maithripala Sirisena, to award 

Is ASEAN about to fracture?

President Obama is on his final trip to Asia as president for the G20 summit in Hangzhou in China and the East Asia Summit (EAS) in Vientiane, Laos. The leaders of the Asia Pacific nations, 

Lanley Paint Centre celebrates 50th anniversary

Lanley Paint Centre celebrated a momentous milestone with its 50th anniversary this July. The business, which has stayed in the Latiff family for two generations, is aprimary agent for Dulux paints 

Ceylon Chamber conducts Sri Lanka–China Business Forum and B2B sessions

A Sri Lanka–China Business Forum was held early this week in Colombo with the participation of 28 Chinese businessmen, who also took part in B2B meetings with the Sri Lankan counterparts.

Travel with SQ467 and connect to Canberra and Wellington

With the additional SQ467 services, Singapore Airlines (SIA) now offers passengers more choices to fly to their favourite destinations.  

Pan Asia Bank’s ‘Champion Saver’ account pays highest interest; no withdrawal restrictions

Pan Asia Bank offers the highest interest rate of 8 percent (AER 8.33 percent) for savings deposits 

Tea exporter proposes to set up distress relief fund for industry

A leading tea exporter in the country recently called on the government to set up a social market 

Medieval grandeur to the fore in ODEL’s Fall 2016 collection

Fashion trailblazer ODEL has brought the medieval into the 21st century as it celebrates the Fall 

Singapore’s labour shortage seen as key challenge for economy

Singapore’s labour shortage is probably the biggest challenge for growth, and the restructuring of the 

ComBank receives FinanceAsia award for Best Bank in Sri Lanka

Commercial Bank of Ceylon was formally presented the award for the ‘Best Bank’ in Sri Lanka in 2016 by FinanceAsia at the magazine’s annual Country Awards in Singapore recently. 

Nation branding for Sri Lanka’s socio-economic prosperity

Expectations set in the government’s development agenda of establishing a globally competitive, 

DusitThani Sri Lanka at top of charts for int’l investment with Chestertons

DusitThani Sri Lanka, Beachfront Balapitiya announce partnership with Chestertons International for Sri Lanka’s one and only beachfront, luxury, high-rise, investment apartments available to foreign i

MAPS International enters domestic water pumps market

MAPS International Pvt Ltd that has been dealing in vehicle tyres, tyre rebuilding and tyre inner-flaps, building materials and electrical appliances commenced distributing domestic water pumps. A range 

G20 meeting reveals worrying trends in global trade

As heads of state and trade ministers of the world’s 20 largest economies gathered in Guangzhou, 

Laugfs International showcases Yamaha & Airman at Kedella

Laugfs International Pvt Ltd recently took part in Kedella 2016, as the ideal partner for energy needs 

Cuddly bears show how to close life’s gaps

AIA’s regional presence in various towns across the island has become much looked forward to events for both children and adults, especially those who are young at heart. The most recent 

HSBC relocates Wellawatte branch

HSBC has relocated its branch in Wellawatte to a more conveniently accessible location at No: 587, 

Cooroondoowatte tea factory breaks own record

Cooroondoowatte mark established an all time record price of Rs. 700 for a line of PEK1 grade at the 

Tharanganee Garments bags ‘Best Emerging Exporter’ Award

The 20th Presidential Export Awards Ceremony organized by the Sri Lanka Export Development Board (EDB) was held under the patronage of President Maithripala Sirisena on August 9 at the 

Legends come alive as FACETS 2016 makes history

Had the explorers and conquistadors who searched tirelessly for legendary cities of treasure, been alive today, one of their stop points would have been the BMICH

S-lonDiyasara Student Circle third phase concludes at Meemure

S-lon ‘Diyasara Students Circle’ initiated by S-lon Lanka (Pvt) Ltd in association with Newsfirst was held recently at Meemure Kaikawala Vidyalaya. 

Airtel sponsors the ‘All Island School Games Netball Championships 2016’

Bharti Airtel Lanka, the local subsidiary of Bharti Airtel which is the world’s third largest mobile operator in terms of subscribers, today announced

Etisalat Lankaoffers more Data at any time of the day

Etisalat with its recentrevision of all its prepaid data bundles, once more takesthe lead, over all other telecom competitors, by offering customersthe best availabledeal

SL signs three WB loan deals for US $ 187mn

Sri Lanka yesterday signed three agreements to obtain credit amounting to US $ 187 million from the World Bank Group to carry out economic reforms, tackle climate-related risks and protect the country’s ecosystems. 

Central Bank looks to facilitate trade with Iran through Italy

The Sri Lankan tea exporters with customers in Iran are able to utilize a payment channel open through a commercial bank in Italy, Central Bank of Sri Lanka (CBSL) Governor Dr. Indrajit Coomaraswamy said recently.