DFCC Bank expands reach joining LankaPay common ATM network

In keeping with its commitment to deliver unparalleled service and convenience to customers, DFCC Bank recently joined the LankaPay Common ATM Switch (CAS) operated by Lanka Clear Ltd - Sri Lanka’s largest ATM network. 

Richard Pieris Finance growing at steady pace: CEO

The deposit base of Richard Pieris Finance Ltd is Rs.3 billion and the total asset base is Rs.10 billion, said the company’s Director/CEO K.M.M. Jabir. 

University of Wales MBA Society to be launched tomorrow

The official launch of the University of Wales MBA Society will be held on 28th May at the Kingsbury Hotel and will gather a large crowd of distinguished and notable individuals holding the University of Wales MBA. 

New board appointments at Singer Finance

Singer Finance (Lanka) PLC recently announced several key new appointments to its board of directors. Chandana Samarasinghe, Thushan Amarasuriya and Iman Perera were appointed as three new Alternate Directors and Pramila Liyanage as Company Secretary.

Attracting FDI: The need for proactive investor facilitation

Today almost all countries around the world, in their bid to create jobs and sustain economic growth, compete fiercely to attract foreign investment. In addition to liberalizing trade and investment policies, opening up sectors to foreign investors and undertaking reforms to create a more business-friendly environment, countries are also seen to be undertaking proactive investment promotion measures. 

NDB relocates Pettah branch

National Development Bank PLC (NDB) relocated its Pettah branch to a more spacious and a conveniently accessible location at No, 137,133/1, Main Street, Colombo 11 in a bid to provide a better service experience to people in the area. 

124th death anniversary of James Taylor

James Taylor was born in Kincardineshire, Scotland on March 29, 1835. Setting out from London on October 2, 1851 as a youth of 17 years, he arrived in Ceylon in 1852. On his arrival, he was sent to Loolecondera Estate in the Kandy District.

Admo Solar set to deliver flexible power solutions catering cross sector needs

Admo Solar, the renewable energy division of Vinseth Engineering commenced business in 2006 providing a wide spectrum of solar energy products specializing in supplying and installing of solar energy systems which include solar photovoltaic systems (PV), solar water heating solutions, solar powered street lights and garden light systems. 

Ranil’s mantra for SL’s rapid and sustainable progress

For about nearly a decade the people saw the nation being steered forward by a set of vision statements proudly owned by our former president and chanted like a prayer by his officials.

Finco Technologies named top distributor for ‘NEC’ products

Finco Technologies (Pvt) Limited was declared as the Best Master Commercial Distributor in the Asia Pacific Region for marketing the different range of NEC products, including NEC Computers and NEC Servers, High Availability & DR Software manufactured by NEC Corporation of Japan. At a glittering ceremony held under the auspices ‘Best Master Commercial Distributor in the Asia Pacific Region’  recently in Vietnam, Finco Technol

Honesty, good communication skills top traits of successful biz leader: Regus

Business people across the globe reported which key traits make a successful business leader and reveal that honesty and the ability to communicate with others are the must-haves in a successful leader’s arsenal.

Textured Jersey’s EMS Initiatives recognized with ISO 14001 Certification

Textured Jersey Lanka (TJ) whose sustainable business practices extend not only to their financial sustainability, but also to their environmental social responsibilities, has been recognised for their efforts with the coveted ISO 14001 Certification for Environmental Management Systems (EMS). The Company has made a conscious commitment towards creating a greener, healthier and safer, 

Standard Chartered offers up to 25 percent off at Abans

Once more Standard Chartered offers its credit cardholders a wonderful opportunity at savings. The bank brings a whopping discount of up to 25 perdent on electronics and home appliances at Abans showrooms island wide. Standard Chartered credit cardholders could also convert the purchase into a 25 month instalment plan at 0 percent interest. Sanjay Wijemanne, Head, Retail Banking, Standard Chartered, commenting on the offer said:  “As l

Ceylon Chamber and Citi facilitate training for cinnamon growers

The ‘Rural Economic Empowerment Programme’, a joint effort between Citi Bank, Ceylon Chamber of Commerce and NDB Bank, aimed at nurturing prospective rural entrepreneurs, recently conducted a technical training programme for cinnamon growers in Dadayamkanda village in Embiliptiya, in the district of Ratnapura.

Why Jayanthi’s ascend to Everest is significant to all

It was not the best day to achieve such an outstanding feat – floods were taking up every inch of space in our hearts, our minds and the media – but when Jayanthi Kuru-Uthumpala stood on Mount Everest with the Sri Lankan flag flying in her hands, you could feel the palpable excitement it held out. A Sri Lankan had climbed the world’s tallest mountain for the first time and it was a woman.

DFCC Bank Expands Reach By Joining The LankaPay Common ATM Network

In keeping with its commitment to deliver unparalleled service and convenience to customers, DFCC Bank recently

WebXpay.com to enable e-commerce to all SME’s at affordable rates

WebXpay.com, the recently launched e-commerce solutions enabler, is geared to take up the task of enabling SME’s

Hayleys Agriculture Renews Commitment to Sustainability

Leading condiment food products exporter and the country’s first such manufacturer to obtain CarbonConscious® and WaterConscious®

Sri Lanka seeking to borrow US $3.5bn through foreign debt

Sri Lanka is in the process of borrowing up to US $3.5 billion from foreign sources via syndicated loans

JKH March net slips as key segments slow down

Premier blue chip John Keells Holdings PLC (JKH) saw its March quarter (4Q16) net profit slipping by 13 percen

Dipped Products fully acquires Italian marketing arm for Rs.535mn

Dipped Products PLC, the nonmedical glove manufacturer of Hayleys group, has fully acquired its marketing

Port City promoted in India to lure top property developers

CHEC Port City Colombo (Pvt) Ltd, the project company that has undertaken the construction of the US $ 1.4 billion

Hayleys Rs.2bn debt issue snapped up

Diversified Hayleys PLC said its Rs.2 billion debenture issue opened yesterday was oversubscribed. “Therefore

Food and non-food prices push Lanka’s national inflation to 4.3% in April

Sri Lanka’s national inflation which captures price movements across all provinces increased by 4.3 percent

Finance academics form body to fight finance illiteracy

??By Chandeepa Wettasinghe Less than 5 percent of the population has a grasp of finance, which has contributed

NITF obtains catastrophic reinsurance cover up to Rs.10bn

Sri Lanka is now among the countries that incorporate the best practices of the insurance trade, for protecting

Turkish Red Crescent Society donates flood relief supplies

In response to the call of the Government of Sri Lanka for assistance from the international community,

David Pieris Group equips computer and science labs for Sampoor MV

Working to make a difference in the communities it serves, David Pieris Group, as part of its ongoing welfare 

DPMC launches Mobile App designed by Wijeya Digital Media

David Pieris Motor Company Limited (DPMC), Sri Lanka’s largest automotive company announced the launch

Are Lankan exports to India over dependent on concessions?

Sri Lanka’s exports as a share of GDP have declined from 33 percent in 2000 to 13 percent in 2015.  One