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

NTB receives ISO/IEC 27001:2013 certification

Nations Trust Bank PLC reached yet another milestone in their relentless quest to provide world class service

Overwhelming response for Venture Engine 2016 submissions

Sri Lanka’s entrepreneur empowerment platform, Venture Engine has ended its “Call for Entries”, with the

SLT hands over flood contributions to DMC

In response to the calamity faced by many Sri Lankans during the recent extreme weather conditions, Sri Lanka 

NDB Wealth launches revolutionary ‘One Account’

Expert financial planner NDB Wealth has taken a leadership role in promoting NDB Bank’s revolutionary 

Discussion on clean energy projects on May 31st

An awareness programme on the IFC and Government of Canada’s financing of clean energy projects that

Vehicle imports up 60%, registrations up 56% in 2015: report

Expenditure on imports of motor vehicles into Sri Lanka recorded a 60 percent growth in 2015 compared

Chinese company provides disaster relief

A Chinese company donated 200 thermo flask bottles and Rs.100,000 to Sri Lanka on last Friday in  support 

Sri Lanka Tourism celebrates Golden Jubilee tomorrow

The month of May 2016, marks a golden milestone for Sri Lanka Tourism with the grand celebration of its 50th anniversary. 

Life and general insurance segments lift AAI first quarter profit by 6 percent

Asian Alliance Insurance PLC (AAI), a unit of Softlogic group, increased its net profit by 6 percent from

Romesh David appointed CILT International Vice President

Romesh David was recently appointed to the International Management Council of the Chartered Institute 

LIC Lanka relaxes death claim requirements for flood victims

During the recent floods and landslides due to inclement and adverse weather conditions in the island, many

Lanka IOC donates Rs. 5 mn to DRF

Lanka IOC PLC recently contributed a sum of Rs.5 million to the “Disaster Relief Fund” of the Presidential Secretariat, in order to help the affected people.