Samsung Sri Lanka partners with the Help Hands Society to provide school supplies to children in flo

Eager to get back to school, over 700 children in the flood-affected areas of Biyagama and Puttlam were presented

June inflation hits 6%; triggers IMF staff consultation for breaching 4.9% inner-band

Sri Lanka’s headline inflation accelerated to 6.0 percent during the 12-months to June, from 4.8 percent in May

Shippers Council disappointed over govt. inaction on resolving industry woes

By Chandeepa Wettasinghe Despite increased government interaction with the industry, promised action has

Brexit has no immediate impact on Asia-Pacific sovereigns: Fitch

Brexit fallout does not pose an immediate direct risk to Asia-Pacific (APAC) sovereigns and its financial systems

CIC partners with Ashland to host Specialty Additives Seminar for Paint and Coatings Industry

CIC Holdings partnered with the principal supplier of the Industrial Solutions Division, Ashland Inc to host a seminar on ‘Specialty Additives’

COCA-COLA’S 5BY20 INITIATIVE CONTINUES TO UPLIFT AND EMPOWER WOMEN ACROSS SRI LANKA

Three participants from the Coca-Cola’s 5 by 20 programme were felicitated for their hard work, dedication

Dialog Axiata CEO receives highest honour at Asia Mobile Awards

The GSMA, the worldwide association governing the global mobile industry, on Wednesday named Dialog Axiata PLC Group CEO Dr. Hans Wijayasuriya Sri Lanka, as the recipient of the ‘Outstanding Contribution to Asian Mobile Industry Award for 2016. 

No immediate risk on APAC banks

Fitch also assured that APAC’s banks do not have an immediate direct rating impact from the Brexit fallout as the risks are more indirect than direct.  “But emerging Asia accounts for less than 15 percent of the total external claims of UK banks, according to BIS data. 

UK could emerge quicker on trade liberalization

Dispelling the claims that Brexit was a move for trade protectionism, Fitch said the United Kingdom as a country outside European Union (EU) might be able to make quicker progress on trade liberalization with Asian countries than as a member of the EU.

Drama at Lankaputhra continues; GM fired

The General Manager of state-owned Lankaputhra Development Bank, Lasantha Amarasekera has been removed from his post with effect from today (July 1). 

Government looking for “common candidate” as CB Governor: Sources

The appointment of a new Central Bank Governor might need “a little more time” as the two main political parties in the coalition government are said to be looking for a so-called “common candidate,” which both parties could agree upon, unofficial sources said.

Government looking for “common candidate” as CB Governor: Sources

The appointment of a new Central Bank Governor might need “a little more time” as the two main political parties in the coalition government are said to be looking for a so-called “common candidate,” which both parties could agree upon, unofficial sources said.

WB to lend US $ 125mn to modernize Lankan agri sector

The World Bank has approved a US $125 million credit from the International Development Association (IDA) to assist Sri Lanka in modernizing its agriculture sector.

Business League of Thambapanni holds medical camp in Wanathawilluwa

Recently Wanathawilluwa experienced its first large-scale medical camp. The event was organised and sponsored by the Business League of Thampanni society to aid the resident victims of the recent floods.

Dialog to hold ‘Gaming Clash-On!’ on July 9

Dialog is calling all mobile gamers and champions of ‘Clash of Clans’ to participate in the ‘Dialog Gaming Clash-On! Sri Lanka 2016’, the first-ever Clash of Clans convention taking place in Sri Lanka, on July 9, 2016. 

CICT launches country’s first mobile app to track container movement

A new level of convenience and sophistication has been introduced to keeping track of containerised cargo by Colombo International Container Terminals (CICT) with the launch of a mobile app for the purpose.

Textured Jersey helps President’s College with new lab

Premier fabric manufacturer Textured Jersey Lanka (TJ), the head office of which is located in the industrial zone of Seethawaka, provided one of their neighbouring schools, President’s College, Avissawella with a state-of-the-art lab and technology centre. 

H One recognized as 2016 Microsoft Country Partner of the Year for Sri Lanka

Top Microsoft Enterprise Solutions Partner and cloud expert H ONE proudly announced it had won the 2016 Microsoft Country Partner of the Year Award for Sri Lanka.

Kandy IT/BPM Week holds workshop for entrepreneurs, exporters

The Kandy IT/BPM Week’s event focusing on entrepreneurs and exporters, organised by the Sri Lanka Association for Software and Services Companies (SLASSCOM) together with the Export D

CA Sri Lanka Strategy Summit to have internationally acclaimed Dr. Erevelles

Internationally acclaimed strategy guru, Dr. Sunil Erevelles will be in Colombo next month to take part in the region’s biggest ever Strategy Summit organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

ComBank to keep 71 branches open on Ramazan Festival Day

The Commercial Bank of Ceylon is to keep 71 branches open for business on 6th July, designated a Public and Bank holiday in celebration of Eid-ul-Fitr or Ramazan Festival Day.

Singer Computer Academy offers City & Guilds Certification

The Singer Computer Academy, backed by one of Sri Lanka’s most successful company’s the Singer group understands the need for today’s workforce to master ICT skills.

Bangsa Jayah, Keith Bernard appointed Joint Managing directors of Sri Lanka Insurance

Keith Bernard is appointed as the Joint Managing Director of Sri Lanka Insurance Corporation, alongside T M R Bangsa Jayah who is re-appointed as the Joint Managing Director of Sri Lanka Insurance Corporation. 

‘SampathSaviya’ honoured at Asia Responsible Entrepreneurship Awards

Sampath Bank was presented with the prestigious Asia Responsible Entrepreneurship Award (AREA) 2016 held in Singapore on the 24th of June. 

Seminar on EU market opportunities for fruit, vegetable exporters

A seminar to create awareness among Sri Lankan fruit and vegetable exporters of the opportunities available in the European Union (EU) market will be held on July 7, 2016 at the Export Development Board.

Union Bank introduces revolutionary transaction banking system

Adding another versatile solution to its gamut of products, Union Bank recently announced the launch of ‘Union Bank BizDirect’; a revolutionary new transaction banking and cash management system that 

CTC’s CSR programme wins ‘Social Empowerment Award’ in S’pore

For the second consecutive year, Ceylon Tobacco Company PLC’s (CTC) flagship corporate social responsibility (CSR) programme, Sustainable Agriculture Development Programme (SADP) received 

Top banker calls for clarity on British position on EU talks

REUTERS: Britain needs to build a new international model for financial services after its decision to quit the European Union, a top banker representing an industry lobby group said yesterday.

Ewis offers ‘Click and Print’ all-inclusive virtual printing service

Ewis Peripherals (Pvt.) Ltd, a subsidiary of Ewis Group of Companies, announced the revamp of ‘Click and Print’, a one-of-a-kind online virtual printing service. 

LB Finance records Rs 5.9 billion PBT in 2015/16

LB Finance PLC recorded yet another year of significant growth with profit before tax (PBT) leading the way with an increase of 62 percent over the previous year.