Chinese Digital Marketing experts to speak at Cinnamon Travel Bloggers Conference

The much anticipated Cinnamon Travel Bloggers’ conference(TBC Asia) scheduled for 7th June at Cinnamon 

Senior Pakistani state officials visit BOI

The Board of Investment of Sri Lanka hosted a delegation consisting of 11 high ranking Pakistani state

Ransalu Combo card to boost apparel sector employee privileges

Sri Lanka’s apparel sector associates received fresh boost this week with the launch of the Ransalu Privilege 

NDB Wealth launches ‘Income Plus’

Expert financial planner NDB Wealth has launched the high yield “Income Plus” fund, an attractive alternative 

Siyapatha Finance appoints new Managing Director

Siyapatha Finance PLC, appointed Saman Herath as its new Managing Director effective from April 2016

Kuwait Airways offers free lounge facility at BIA

Kuwait Airways the National Carrier of the State of Kuwaitoffers free lounge facility for all economy class

SOLVING THE SOE PROBLEM IN SRI LANKA

In Sri Lanka as in India, many state enterprises date back to mid-1950s when the government policies

Crescent Global establishes Lloyd’s Insurance and Reinsurance hub in SL

Crescent Global Insurance and Reinsurance Brokers is the first global player in the insurance and reinsurance business, 

JIT Group integrates People’s Bank ATM switch upgrade

Procuring the world-renowned HP Tandem server and running the software for the past 16 years with undisrupted 

Minister Amunugama meets senior officials of Friedrich Naumann Foundation

During the recent visit to Berlin, Dr. Sarath Amunugama, Minister of Special Assignments met senior officials 

China’s global economic impact is no longer state-owned

State-owned enterprises (SOEs) are often thought to dominate the Chinese market, with profound implications 

CIMA organizes discussion on global terrorism impact

CIMA Sri Lanka has organized a discussion session to elucidate on the economic imperatives of and approaches

Qatar Airways inducts 50th Boeing 777 into fleet

Qatar Airways received its 50th Boeing 777 recently, taking the total count of aircraft in operation to more than 180 single aisle and widebody aircraft.

LAMUDI SUCCESSFULLY LAUNCHED THE FIRST REAL ESTATE EXPO IN SRI LANKA

We are pleased to announce that Sri Lanka’s first Real Estate Expo, which took place on the 7th and 8th of May, was a roaring success.

Siyapatha Finance PLC Appoints New Managing Director

Siyapatha Finance PLC, appointed renowned banker, Mr. Saman Herath as its new Managing Director effective from April 2016

A&K Lit Fest is Just Around the Corner!

The 14th& 15th of May will see literature enthusiasts swarming to the Western Province Aesthetic Resort for the 2nd annual Annasi&Kadalagotu Literary Festival. 

Sri Lankan Certification Body First to Receive ISO 14064 Accreditation in the Region

The Sustainable Future Group (SFG) – a newly established environmental verification and certification services provider in Sri Lanka

HNB March net profit soars 73%

Sri Lanka’s second largest private sector commercial bank by assets, Hatton National Bank PLC (HNB)

AIA Lanka March profits climb as insurer consolidates market position

The local unit of the third most valuable Asiabased insurer, AIA Insurance Lanka PLC group increased

Shares hit four-month closing high; John Keells leads

REUTERS: Sri Lankan shares rose for a fourth session of gains yesterday to hit their highest close in four months

Sri Lanka’s debt-laden airline to sell four new Airbus planes

REUTERS: Sri Lanka’s debt-ridden national airline will sell four new Airbus A350s, a government minister said yesterday

Insurance regulator calls service providers to up their game in innovation department

Sri Lanka’s insurance regulator yesterday called on service providers to up their game in the innovation

FinMin tells biz community to ‘stop doubting the system’

As concerns continue to mount on the stability of the operating environment amid lack of policy consistency,

MasterCard launches ‘Integrated’ payment processing services platform

As the world of commerce becomes increasingly connected, consumers are continually seeking faster, more seamless and secure commerce solutions. This is putting the payments ecosystem under greater pressure to develop and deploy innovative payment solutions at a faster rate than ever before. To meet this challenge, MasterCard announced the launch of MasterCard Integrated, the payments processing services platform that powers MasterCard payment tra

DFCC CEO appointed as ADFIAP Chairman

DFCC Bank Chief Executive Arjun Fernando has been elected the new Chairman of the Association of Development Finance Institutions of Asia and the Pacific (ADFIAP).  He took over as Chairman at the conclusion of the 39th Annual Convention held in Apia, Samoa recently from Bhutan Development Bank Managing Director Pema Tshering.

Airlines significantly improve baggage handling in 2015

The airline industry’s focus on improving baggage management is showing strong results with 2015 baggage mishandling rates dropping to their lowest ever. According to the SITA Baggage Report 2016, released recently, the rate of mishandled bags was 6.5 bags per 1000 passengers in 2015, down 10.5 percent from the previous year, less than half the rate in 2003 and the lowest ever recorded. 

Rachini Rajapaksha appointed to NTB board

Nations Trust Bank (NTB) announced the appointment of Rachini Rajapaksha as a new member of the distinguished board of directors. Rajapaksha has over 20 years’ experience across a multitude of industries including accounting and fund management. Her multidisciplinary competencies are expected to contribute towards the bank’s wealth of practical insights and business objectives. 

Smart Metro signs landmark agreements with Sony Corporation and Fujisoft

Smart Metro, a Sri Lankan based International Software Development Company yesterday signed two landmark agreements with Sony Corporation and Fujisoft Inc, Japan to become Sri Lanka’s sole agent for the distribution and application of Sony’s Near Filed Communication Technology widely known as ‘FeliCa’ and Fujisoft ‘s Finger-vein Biometric Authentication technology. 

KLM to recommence direct flights to Sri Lanka

KLM Royal Dutch Airlines (KLM) is set to resume its operations to Sri Lanka after an absence of almost 20 years, a statement issued by the airline said. 

Vallibel Finance takes operations to an epic IT platform

Vallibel Finance further consolidated its standing as a futuristic finance company with a far-reaching documentation management system that would overhaul the company’s  operating system.