Huawei’s newest flagship P9 speculated price to hit records

With the announcement of the premium flagship Huawei P9 entering the market, the device is speculated 

CDS well placed to meet evolving stakeholder needs: chief

The breakthrough for Central Depository Systems (Pvt.) Limited (CDS) was made in 1991 when it was established

Citrus Hikkaduwa re-opens after refurbishment

Citrus Hikkaduwa, the renowned hotel on the Hikkaduwa stretch, recently re-opened its doors after a month’s refurbishment that was completed as planned. 

Guardian Acuity money market funds offer option to take advantage of current interest rates outlook

The Guardian Acuity Money Market Fund, which is more than four years old, has returned 48.44 percent to its investors.

CAKE LABS opens new Operations Centre to cater expanding customer base

Silicon Valley based tech company CAKE LABS recently unveiled their new Operations Centre, a state of the art facility in the Iceland Business Centre in Colombo 03. 

Aussie envoy outlines prospects of bilateral trade and investment

Asserting that they have big investments in the pipeline for Sri Lanka focused on skills for the tourism industry,

Viraga hosts first International Day of Yoga celebrations

Viraga PVT Ltd hosted its first ever International Day of Yoga celebrations on the 21st this month. In the true spirit of “Yoga” – the union,

Bongo.lk introduces seamless online flight and hotel booking

In the spirit of industry innovation, Bongo Pvt Ltd introduced simultaneous flight and hotel bookings online for the first time in Sri Lanka by a Sri Lankan company.

EWIS Peripherals wins big at Ricoh RGF Annual Conference 2016

EWIS Peripherals made a noteworthy impact at the recently held Ricoh Asia Pacific Regional Conference by walking away with three significant awards. 

SAP Business One presents ‘Making the future, now’ with Pristine Solutions

Pristine Solutions, the local partner for ‘SAP Business One’, recently presented ‘Making the future, now’ which

Burnetters Fly High at their PlayShop 2016

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

Fairway National Literary Awards 2016 clocks up a record number of entries

The Fairway National Literary Awards 2016 is well under way, showing a tremendous start for the second consecutive year.

Sri Lanka’s Ultimate Cross-Country Cycle Race by SLT

Sri Lanka Telecom announce the launch of yet another innovative venture in the form of the “SLT Speed Up Cycle Sawariya”

Aitken Spence-led consortium likely to bid for East Container Terminal

Blue chip conglomerate Aitken Spence PLC is expected to present an Expression of Interest (EOI) on East Container Terminal 

Nationwide consumer prices up 5.3% in May

Inflation, as measured by the change in the National Consumer Price Index (NCPI) increased to 5.3 percent in May

Moody’s cuts outlooks of 3 local banks following sovereign outlook downgrade

Following the downgrading of Sri Lanka’s B1 sovereign rating outlook to negative from stable, Moody’s yesterday revised down the outlooks of Bank of Ceylon, Hatton National Bank and Sampath Bank,

Shares fall after Moody’s outlook revision

REUTERS: Sri Lankan shares fell yesterday for a second straight session, a day after Moody’s revised down

Tea Board commissions tea land survey for accurate data

The Sri Lanka Tea Board is currently in the process of surveying all tea plantation areas in order to create a map

Brexit battle on knife edge in last 48 hours

AFP: Financier George Soros warned of a Black Friday plunge in sterling if Britain votes to quit the EU as new polls

A case of putting cart before horse?

Top economists in the country have warned that this may not be the correct time for Sri Lanka to be liberalising its foreign exchange markets, as the country’s macroeconomic fundamentals are not strong enough

Seylan Bank launches customer support channels via WhatsApp, Facebook Messenger

Reinforcing its credentials as a technology-savvy bank focusing on increasing customer convenience and engagement, Seylan Bank demonstrated its customer-centric digital preparedness by launching Sri Lanka’s first social media-based customer support channels via WhatsApp and Facebook Messenger. 

Fitch assigns Seylan Bank’s subordinated debt up to Rs.5bn final ‘BBB+(lka)’

Fitch Ratings has assigned Seylan Bank PLC’s (A-(lka)/stable) Basel II-compliant subordinated debenture issue of up to Rs.5 billion a final national long-term rating of ‘BBB+(lka)’.

HSBC Lifestyle Loans to support holiday aspirations this season

As many Sri Lankans look to vacation and spend time with family during the upcoming holiday season, HSBC is offering convenient and flexible Lifestyle Loans with additional benefits at competitive interest rates to afford customers a complete holiday experience.

Cathay Pacific provides ultimate flying experience

At the heart of Cathay Pacific is the belief ‘travelling well is an important part of living well’, thus it brings a service more ‘personable’, a design more ‘considered’ and products intuitive to passenger needs, helping give a more pleasurable travel experience. 

Emirates to deploy flagship A380 aircraft on Moscow route

Emirates has announced that it will be upgrading one of the two daily flights servicing its Dubai-Moscow route to an A380-800, commencing 1st December 2016. 

CINEC receives award for best research in ports and shipping

At the recently concluded R4TLI 2016 conference held on 4th June at Galadari Hotel-Colombo, the research paper “The Benefits of Container Exchange between Carriers: A Case Study” authored by Lalith Edirisinghe of CINEC Maritime Campus and Jin Zhihong of Dalian Maritime University-China was adjudged the best paper in the Ports and shipping category.   

SIA to expand US operations with non-stop and daily flights

Singapore Airlines (SIA) is to launch non-stop flights between Singapore and San Francisco and will add a second daily service to Los Angeles in an expansion of its US operations.

Jinasena water management solutions to battle CKD

Jinasena (Pvt.) Limited, one of the leading water management systems and solutions providers in Sri Lanka, is observing a growing demand for its water purification solutions as the country intensifies its battle against chronic kidney disease (CKD) which has been linked to contaminated or unfiltered water.

First Capital Wealth Fund outperforms all unit trusts

First Capital Asset Management Limited, managers of the First Capital Wealth Fund, announced a dividend of Rs.100 per unit. The First Capital Wealth Fund was Sri Lanka’s best performing fixed income unit trust for calendar years 2013 and 2014. 

People’s Bank unveils ‘Foreign Currency Gold Fortune 2016’ promo

People’s Bank Foreign Currency Gold Fortune 2016, a unique promotion for those living and working abroad who use People’s InstantRemit, People’s e-Remittance, Swift and Telex, to send money to their loved ones in Sri Lanka, was recently unveiled.