HNB committed to delivering ‘Banking Beyond Transactions’

Hatton National Bank (HNB) has recently embarked on the third phase of its repositioning strategy under which its overarching commitment has been to deliver ‘Banking Beyond Transactions’. The bank has embraced a divergent approach of taking the bank to the street, a proactive customer-acquisition mindset. This resonates with a global shift where customers no longer wish to walk into banks, instead utilizing the conveniences offered th

London Stock Exchange Group to open ultra-modern tech hub at Expert City

London Stock Exchange Group’s Business Services division (LSEG BSL) in Sri Lanka will soon open its new headquarters in the historic Expert City precinct, formerly known as Tripoli Market. 

BOC introduces ‘Power Plus’ children’s investment plan

Bank of Ceylon’s (BOC) newest ‘Power Plus’ children’s investment plan is the ideal solution that empowers growing children to bloom to their full potential in financially secured surroundings. With the stability built over 77 years, a state-owned bank is the safest place for your hard-earned money especially for a profitable long-term investment for your child.

Virtusa records US $ 205.5mn revenue in 1Q17

Virtusa Corporation, a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, reported consolidated financial results for the first quarter fiscal 2017, ended June 30, 2016.

ComBank rated Sri Lanka’s ‘Most Respected’ bank for 12th successive year

Commercial Bank of Ceylon has been rated the most respected bank in Sri Lanka for the 12th year running and the second ‘Most Respected’ corporate entity in the country overall for the sixth successive year in the 2016 LMD rankings of the Most Respected Entities in Sri Lanka. The bank has retained its No 1 ranking in Sri Lanka for ‘honesty’ for the fourth consecutive year and has been rated No 1 overall for financial perfor

Change the way you see the world with Huawei P9

Sri Lankan photographic talent including Devaka Senevirathne, Natalie Soysa, Jehan Seedin and Siyath Ranathunge showcased the way they see Sri Lanka in a colourful photographic journey with Huawei’s latest flagship smartphone Huawei P9, which is co-engineered with Leica. 

Life insurance advisors to gather at 7th NAFLIA Conference

The Marketing and Sales Forum of the Insurance Association of Sri Lanka (IASL) has proudly announced the seventh National Forum for Life Insurance Advisors (NAFLIA), which is scheduled to be held on August 19, 2016 at the Main Hall of the BMICH,  at 9:00 a.m.

Amãna Takaful Life recognizes MDRT winners

Eight of the top achievers of Amãna Takaful (ATL) Life were recentlyqualified to take part in the annual Million Dollar Round Table (MDRT) conference held in Vancouver, Canada along with the global best of the best in relation to insurance and financial services.

Pessimism on policy performance; strong support for PPPs, freeing up trade, logistics

The participants at the recently concluded Sri Lanka Economic Summit are optimistic about the government’s ability to deliver economic results in the next four years, but are critical of the progress made so far and have mixed views about Budget 2017, according to a survey conducted at the event. 

Australian IT/BPM biz mission to Sri Lanka concludes

More than 35 business leaders from Sri Lanka and Australia attended a high-level networking reception linked to the inaugural IT/BPM business mission in Colombo last week.

Kelani Cables bags Asia’s Best Employer Brand Award for second consecutive year

Kelani Cables PLC, Sri Lanka’s number one brand in secure electrical and communication cables, won the Asia’s Best Employer Brand award for the second consecutive year. 

Leading CarbonNeutral leather garment manufacturer recertifies for second year

Lanka Leather Fashion (Pvt.) Ltd (LLF), Sri Lanka’s only and one of Asia’s leading manufacturers of high-end leather garments, retained its CarbonNeutral status through recertification for a second consecutive year and in the process reinstated its position as the trailblazer of sustainability within its industry.

HDFC-CBSL empower self-employed sector with SEPI loan scheme

Housing Development Finance Corporation Bank of Sri Lanka (HDFC) signed a Memorandum of Understanding with the Central Bank of Sri Lanka (CBSL) recently with the objective of empowering the self-employed sector in the country. 

BOI hosts diplomats from 20 countries

The Board of Investment (BOI) of Sri Lanka recently hosted a delegation consisting of 26 foreign diplomats from 20 countries who are currently undergoing training at the Bandaranaike International Diplomatic Training Institute (BIDTI).

Union Bank appoints Yudy Kanagasabai as Director

The board of directors of Union Bank of Colombo PLC announced the appointment of Yudy Kanagasabai as an Independent Non-Executive Director with effect from July 27, 2016.  Kanagasabai is a renowned accountant and a fellow member of the Institute of Chartered Accountants of Sri Lanka and possesses over 35 years of experience in accounting and audit. He has been employed at PricewaterhouseCoopers throughout his career and completed his term as

Amãna Takaful Life Recognizes MDRT Winners

Eight of the top achievers of ATL (AmãnaTakaful) Life were recently qualified to take part in the Annual Million Dollar Round Table (MDRT)

AAT Business School Higher Diploma in Accounting and Finance (HDAF)

AAT Business School ,the Higher Education wing of AAT Sri Lanka that focuses on Executive development and Upliftment of students

Munchee Unity Sports Festival in Badulla promotes national unity and harmony

Munchee,  the  flagship  brand  of  Ceylon Biscuits Limited recently supported the ‘Munchee Samaga Sahadarathwaye Kreeda Ulela’ (Unity Sports Festival) in Badulla.

LEADING CARBONNEUTRAL® LEATHER GARMENT MANUFACTURER RECERTIFIES FOR SECOND YEAR

Lanka Leather Fashion (Pvt) Ltd [LLF] – Sri Lanka’s only, and one of Asia’s leading manufacturers of high-end leather garments,

‘Atlas Manasalokaya’ initiative enlightens parents and students on alleviating exam related stress

Children of today live in an intensely competitive environment, unlike carefree childhoods of the past. A parent is naturally predisposed

SL’s top private bank profits up despite “shrinking margins”

Sri Lanka’s largest private lender by assets, Commercial Bank of Ceylon PLC (ComBank), posted a 

Leisure operator wants private sector to take lead

Sri Lanka’s largest leisure sector operator urged its peers in the private sector to take the lead in setting up a world-class training institute to address the talent dearth in the tourism industry, as the 

Govt to re-lay strategic oil pipeline from Colombo Port to Kolonnawa

The government is all set to call for fresh international tenders in order to re-lay the strategic oil pipeline from Colombo Port to the Kolonnawa storage facility, Petroleum and Petroleum Gas Minister 

Prof. Athukorala to speak on FDI opportunities for Sri Lanka

Emerging global patterns in Foreign Direct Investment and opportunities for Sri Lanka will be the focus of a seminar by a top trade economist Prema-Chandra Athukorala in Colombo this Thursday 

CTC puffs up Rs.3.05bn net profit for June quarter

Ceylon Tobacco Company PLC (CTC), the local unit of British American Tobacco, saw its net profit for the quarter ended June 30, 2016 (2Q16) increasing to Rs.3.05 billion from Rs.3.01 billion reported 

Logistics stakeholders call for greater focus on sector

Sri Lanka’s logistics sector stakeholders recently expressed their dissatisfaction towards the government for not treating them as a priority, and charged the lack of attention as one of the key 

Entrepreneurship, innovation play key role in driving economies: Rivkin

Expressing their enthusiasm to support Sri Lankan entrepreneurs and businesses, a top US official recently stressed the importance of boosting Sri Lanka’s startup ecosystem.

NIBM powers EDEX Mid-Year Expo with diamond sponsorship

The National Institute of Business Management (NIBM) will power this September’s EDEX Mid-Year 

Sri Lanka partners Eurasian Union’s largest Expo

Sri Lanka has agreed to partner with one of the largest export exhibitions in the Eurasian Economic Union (EEU) region on August 12th. 

Siyapatha Finance opens new branch in Trincomalee

Siyapatha Finance PLC celebrated the opening of yet another branch on July 21st. The new branch in Trincomalee is the 23rd in the long list of branches the company has opened in Sri Lanka over the