Ravi leaves for SAARC FinMin Summit in Pakistan

Finance Minister Ravi Karunanayake will leave for Pakistan today to participate in the eighth South Asian Association for Regional Cooperation (SAARC) Finance Ministers Summit to be held in Islamabad on August 26.

People’s Bank offers ‘Foreign Remittance Gold Fortune 2016’ winners gold sovereigns

People’s Bank recently held its first award ceremony to felicitate the winners of the ‘People’s Bank Foreign Remittance Gold Fortune 2016’. 

Lanka Hospitals surpasses 900 IVF babies

Sri Lanka’s internationally accredited multi- specialty hospital, Lanka Hospitals announces the surpassing of 900 In Vitro Fertilization (IVF) baby deliveries. This landmark achievement since the inception of its ultra-modern Fertility Centre in 2008, has elevated Lanka Hospitals to be the most reputed Fertility Center in Sri Lanka with a success rate identical to natural conception.

Commercial Bank declared ‘Strongest Bank’ in Sri Lanka

The Commercial Bank of Ceylon PLC has been adjudged‘The Strongest Bank in Sri Lanka in 2016’ following a detailed and transparent scorecard compiled and analysed by The Asian Banker, a leading provider of strategic intelligence on the financial services industry.

Sri Lanka-China ‘Rheumatology Knowledge Sharing Forum’ gets started

With the rapid increase in Rheumatological disorders and new paradigms in the field of medical technology and pharmaceuticals, the need for sharing knowledge between countries has become of paramount importance. 

NDB holds Investor Forum for 2016 first half

National Development Bank PLC held an ‘Investor Forum’ recently to present the financial performance of H1 2016 at Galadari Colombo.

Durdans offers all-encompassing preventive health packages

Durdans Hospital, the first Joint Commission International (JCI) approved hospital in Sri Lanka, currently offers several, all-encompassing Preventive Health Packages, which have been conceived specifically for busy executives and ordinary citizens alike, to empower them with the advantage of excellent health.

Premium International partners with Sri Lanka Society of Gastroenterology for annual academic sessio

The Annual Sessions of Sri Lanka Society of Gastroenterology was held at Taj Samudra Hotel in July.  The Pre-congress workshop was organized by Sri Lanka Society of Gastroenterology and Premium International (Pvt) Ltd supported the event as the Platinum Sponsor together with their international partners Fujifilm Corporation - Japan and ERBE Elektromedizine - Germany. 

Why Sri Lanka needs to address the gender digital divide

Nearly three decades since the adoption and ratification of the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW), women’s economic empowerment is gaining increasing policy priority as a fundamental strategy to achieve inclusive growth. In contrast to previous schools of thought, development policy today is informed by the idea that women constitute the largest untapped potential for economic development and

Asiri Surgical Hospitals, the one-stop-shop for all Urological diseases

Asiri Surgical Hospitals, one of the leading private healthcare providers in Sri Lanka, has a portfolio of skilled and experienced medical experts with the most cutting-edge medical equipment and technology in the industry. 

Fitch assigns Siyapatha’s senior unsecured debt final ‘A-(lka)’

Fitch Ratings has assigned Siyapatha Finance PLC’s (Siyapatha; A-(lka)/Negative) senior unsecured redeemable debentures of up to Rs.2.5 billion a national long-term rating of ‘A-(lka)’. The final rating is the same as the expected rating assigned on March 11, 2016 and follows the receipt of documents conforming to information already received.

“BOC Triple Wasi” foreign remittance draw selects first 50 winners

Selecting 50 winners, the very first draw of BOC Tripple Wasi was held in “George E. De Silva Garden” in Kandy recently. 

The fascinating world of artificial intelligence!

While many would imagine living in a popular science fiction narrative when they hear the word artificial intelligence (AI), the recently held Colombo AI Meetup highlighted how most people are now coming into contact with AI on a daily or even an hourly basis.

Resource mobilisation, development and donors

Funding is a core requirement for development to take place. Funding is the fuel, which makes the 

Dialog Sri Lanka Cricket Awards 2016 to Take Place in September

The Dialog Sri Lanka Cricket Awards 2016, the pinnacle of achievement on Sri Lanka’s domestic and international cricketing stage will take on the 21st of September 

Planters Assn.warns tea industry heading for ‘grinding halt’

The Planter’s Association of Sri Lanka, which represents the regional plantation companies (RPCs), 

Local cable manufacturer bets high on local projects, foreign prospects

Strong growth prospects of cable and piping industry leader Sierra Cables PLC (SIRA) both in Sri Lanka and abroad, coupled with good management practices, have led to SC Securities 

Agalawatte Plantations June quarter net loss widens to Rs.166mn 

Agalawatte Plantations PLC (APL), on which a battle is currently being waged over ownership, saw its net loss widening to Rs.165.8 million for the quarter ended June 30, 2016 (2Q16) from a net loss 

Rupee ends steady; importer dollar demand weighs on market

REUTERS: The Sri Lankan rupee ended steady for a seventh straight session yesterday, with 

Foreign debt rose US $3.5bn on rupee depreciation: FinMin

REUTERS: A 10 percent fall in the rupee since Sri Lanka’s government took office in January last 

World Bank head cautions against new coal power plants

Climate Home: The planet is in a race against time to stop construction of new coal-fired power plants across the globe, Word Bank head Jim Yong Kim told   

Sri Lanka electricity generation up 8.6 pct first half 2016

Economynext: Sri Lanka’s power generation rose 8.6 percent from a year earlier to 6,923 GigaWatt 

Global logistics leader BDP International marks 50th anniversary

BDP International, a leading privately held global logistics and transportation services company 

Photo Technica launches Nikon School for Sri Lanka

To impart and inculcate trained knowledge and professional growth on finer points of art, Photo Technica, the only authorized distributors for Nikon Cameras introduces Nikon School to Sri Lanka. 

Merchant Bank selects ‘Fiserv’ core account processing

Fiserv, Inc,. a leading global provider of financial services technology solutions, announced that 

Setting the stage for a new paradigm in banking with HNB

Halfway into 2016 and one of the leading players in the Sri Lankan banking sector, Hatton National Bank PLC (HNB) continues to record impressive growth rates, well above industry averages, across 

CB Governor wants fiscal house in order to do his job

Sri Lanka’s new Central Bank Governor Dr.Indrajit Coomaraswamy has now taken a personal interest in disciplining the country’s fiscal house, which has been continuously creating excess demand and 

International sustainability expert joins Carbon Consulting Company

With 16 years of international experience in environmentalriskassessment, auditing and consulting, Nik brings with him a wealth of knowledge and global expertise to the consulting team at CCC.

Browns Beach in Rs.1.4bn cash call to retire debt, meet costs

Browns Beach Hotels PLC, a hotel owning firm controlled by Harry Jayawardena’s Aitken Spence and 

NCASL, ACTA organize symposium on ‘sustainable construction’

A thought provoking symposium on Sustainable Construction was recently facilitated at the National