SriLankan Cares and German school help fight CKD

SriLankan Cares, the community welfare arm of SriLankan Airlines, joined hands with Gymnasium Isernhagen, a school in Hannover, Germany, to donate a Drinking Water Filtration System to the Base Hospital in Kebithigollewa, an area which has a high rate of Chronic Kidney Disease (CKD).  The newly installed filtration plant was officially handed over to the hospital authorities recently at a simple ceremony attended by the officials from Gymnas

Credence and YouGene partner to deliver NIPT for high-risk mothers

In another landmark move by Credence Genomics, the pioneering team has partnered with YourGene from Taiwan to deploy non-invasive paternity testing (NIPT) in Sri Lanka. Globally, NIPT has been 

Würth Lanka to continue growth momentum with SAP

Würth Lanka (Pvt) Ltd, the local subsidiary of German after-market giant Würth AG, announced that they have successfully implemented SAP and cutover to the worldwide SAP Würth System 1 (SAP-

Hayleys Consumer appointed as exclusive distributor for five new brands in SL, Maldives

Hayleys Consumer, the distribution arm of the blue-chip conglomerate Hayleys group, was appointed as the exclusive distributor for well-known household brands – Teepol, Bubble, Fenol, Sunny Soap, PineX 

European banks prepare for possible shockwaves from stress test results

Europe’s biggest banks are braced for the outcome of financial health checks that could expose the extent of the weaknesses of the world’s oldest bank, Monte dei Paschi di Siena (MPS), and send 

Mayura Fernando joins Orient Finance as Chief Executive

Orient Finance PLC announced the appointment of Mayura Fernando as the Company’s new Chief Executive Officer with effect from June 2016. 

Seylan Bank launches Money Market savings account

Seylan Bank unveils its newest product, ‘Seylan Money Market’ savings account, aimed at corporate 

COYLE continues partnership with Dialog as exclusive telecommunication partner

The Chamber of Young Lankan Entrepreneurs (COYLE) expressed its appreciation to Dialog Axiata 

CMA to sign MoU with CII Total Cost Management Division

The Institute of Certified Management Accountants of Sri Lanka (CMA Sri Lanka), the national professional

Inward mission to give Lankan tech companies platform for business in Australia

Twenty-five Sri Lankan technology companies are being given opportunities to pitch for business and for potential investment from a high-level Australian business delegation set to visit Sri Lanka from 10-

DFCC opens new premier centre in Negombo

DFCC Bank PLC, in keeping with its commitment to deliver enhanced service offerings enabling 

Golden Key Hospital acquires next generation equipment for cataract surgery

The Golden Key Eye & ENT Hospital has significantly enhanced its cataract surgery capabilities with the acquisition of Alcon’s CENTURION Vision System, the industry’s most advanced 

Why economic corridor development is the way forward for South Asia

South Asian countries face a quandary: robust regional growth that clocked in at 6 percent a year over 20 years still sits side-by-side with a number of intractable development challenges.

Australia’s big banks team up to challenge Apple on mobile payment apps

REUTERS: Australia’s three biggest banks, including no. 1 lender National Australia Bank (NAB) yesterday said they had lodged a joint application with anti-trust regulators seeking approval to 

Huawei outperforms industry with strong overseas growth

Huawei Consumer Business Group announced its 2016 H1 financial results recently. Sales revenue in the first half year of 2016 has increased by 41 percent year-on-year to CNY¥ 77.4 billion. 

ACCA holds panel discussion on current state of cyber security

Cyberspace, whilst providing tremendous benefits, also present new risks, with no business being ‘too small’ to becoming vulnerable from hackers, leading to crime, terrorism, industrialespionage and 

Ministry educates public sector on Cyber security

The Ministry of Telecommunication and Digital Infrastructure recently held an informative breakfast 

Government has no credible plan for reforming the economy: Prof. Sally

Since 2009 Sri Lanka has had a peace dividend. Growth rates have increased 6-7 percent until 2-3 years ago, and 5 percent or thereabout now according to official figures

Is the Chinese economy closed?

China is unusual in that it is a developing country that has emerged as a major investor. China itself is an important destination for foreign direct investment (FDI), and opening to the outside world has been 

The Flemington luxury condominium living launched in Rajagiriya

Tuesday, July 26 marked the launch of luxury condominium complex The Flemington, strategically located just 500 metres from Colombo in cosmopolitan Rajagiriya. The event was celebrated with 

‘Strokes at the Mews’ – 7 seasons of Leo Art keeping art alive in Sri Lanka

Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide,

DFCC opens new premier centre in Negombo

DFCC Bank PLC, in keeping with its commitment to deliver enhanced service offerings enabling customers to grow

ETCA sans labour movement - Malik

Taking another interesting twist surrounding the controversial trade and services pact with India, the government yesterday said the Economic and Technological Cooperation Agreement (ETCA) would go 

Sri Lanka’s financial sector should evolve into progressive cyber risk mgt paradigm: Deloitte

Sri Lanka’s growing mobile usage and internet penetration have left the country’s financial services 

RPCs eye signing productivity-based collective agreement

Based on the undertaking that a productivity-based wage agreement would be signed by August 2016 for the remuneration of estate workers, the Regional Plantations Companies (RPCs) yesterday signed 

Regaining GSP Plus will make up for Brexit downsides: TJL MD

Sri Lanka’s largest listed apparel company, Textured Jersey Lanka PLC (TJL), said that regaining the European Union’s Generalized System of Preferences Plus (GSP Plus) facility will more than make 

Rajapaksa’s bad gotten worse under current regime – Prof. Sally

The Sirisena-Wickramasinghe coalition has plunged the Lankan economy from bad to worse since coming in to power by pursuing vote buying loose fiscal policy leading to macro-economic instability, 

Government on track to strengthen economy - CB Governor

Sri Lanka’s new Central Bank Governor stressed the time is now ripe to make up for lost time, with 

Ceylinco General Insurance introduces comprehensive natural disaster cover for traders and homes

Ceylinco General Insurance announced recently a comprehensive natural disaster cover for traders and homeowners, enabling traders to cover their property, including buildings and stocks, along with 

NDBIB crowned ‘Sri Lanka’s Best Investment Bank 2016’ by Euromoney for 5th consecutive year

NDB Investment Bank (NDBIB), which completed a record-breaking year in 2015 raising a mammoth