SocialService.lk to celebrate Avurudhu with visually impaired

Every year the country celebrates Sinhala and Tamil New Year in large scales but the community at large

Leo Burnett Worldwide strengthens the ownership of its Sri Lankan operations

Leo Burnett Worldwide, a part of the Publicis Groupe [Euronext Paris: FR0000130577, CAC40] today announced the acquisition of a majority stake in the Solutions Group,

Expedition to Mount Everest - Jayanthi and Johann arrive at Everest Base Camp

JayanthiKuru-Utumpala and Johann Peries have successfully trekked to Everest Base Camp. They are at the South Base Camp, which is in Nepal at an altitude of 5,380m (17,600 ft)

Meet the Milling Team behind 7 Star to become the No.1 choice in Sri Lanka

Serendib Flour Mills (Pvt) Ltd., was set up with the objective of providing an uninterrupted supply of wheat flour to Sri Lankan consumers, manufactured in a state-of-the-art mill

DFCC Bank Launches Innovative Mobile Payment Solution; Vardhana Virtual Wallet

DFCC Bank PLC has introduced an innovative mobile payment  solution - Vardhana Virtual Wallet - which is equivalent to having cash in hand.

Government seeks US $ 3.1bn from private sector for LRT system

A leading logistics expert in the country recently charged that the government is seeking a whopping US $ 3.1billion

Shares edge up; eyes on IMF loan deal

REUTERS: Sri Lankan shares ended slightly firmer yesterday as investors turned cautious ahead of an imminent

World’s oldest barbershop set to start business in Sri Lanka

Oscar Wilde, Charles Dickens, Beau Brummell, Lord Byron and Frank Sinatra’s favourite barbershop - Truefitt & Hil

Ceylon Chamber organized Sri Lanka – Turkey Business Forum to be held in May

The Ceylon Chamber of Commerce will organize a Sri Lanka –Turkey Business Forum in May, which will be 

China seeks to establish own gold benchmark

AFP: China announced its first-ever “fix” for the gold price yesterday, as the world’s biggest producer and 

DFCC Bank launches innovative mobile payment solution

DFCC Bank will today launch an innovative mobile payment solution, “Vardhana Virtual Wallet” which is equivalent 

DFCC Bank launches innovative mobile payment solution

DFCC Bank will today launch an innovative mobile payment solution, “Vardhana Virtual Wallet” which is equivalent 

Seylan Bank decides to raise Rs.5bn via listed debt issue

The director board of the Seylan Bank PLC has passed a resolution to raise Rs.5 billion through a listed debenture issue

FinMin meets IMF chief

Finance Minister Ravi Karunanayake met with International Monetary Fund (IMF) Managing Director Christine

Commercial Bank smashes ATM withdrawal records

Commercial Bank of Ceylon smashed its records for cash dispensed via the bank’s automated teller machine (ATM) network over a 14-day period this ‘Avurudu’ season, dispensing a jaw-dropping Rs.21.54 billion between April 1 and 14.

Oslo Børs extends technology partnership with LSE Group

London Stock Exchange (LSE) Group announced that Oslo Børs has chosen to extend its existing technology partnership with the Group for a further 5 years, effective from April 2017.  LSEG has provided the underlying technology for the Oslo Børs equity, fixed income and derivatives markets since 2009.

NTB celebrates Avurudu steeped in tradition

Nations Trust Bank (NTB) is paying tribute to the rich historic traditions surrounding the Avurudu festival by improving public awareness on the significance of the various ‘nekath’ (auspicious moments), engaging in ‘ganu-denu’ with the customers and by giving customers tokens of appreciation, reflecting the value of their relationship with the bank.

Pathfinders presents ‘Eco Fair 2016’

To highlight and promote environmentally friendly living, ‘Pathfinders’, a unique, beautifully illustrated magazine with activities and informative articles, will be organising a Family Fun Day on April 24, 2016 from 11:00 a.m. to 5:00 p.m. at the Women’s International Club, Guildford Crescent, Colombo 7. 

Latest tourism trend in Sri Lanka boosts UnionPay popularity

UnionPay International is partnering with Sri Lankan businesses to help them attract valuable new customers.

Sinhala and Tamil New Year celebrations at Pan Asia Bank

Pan Asia Bank recently celebrated the Sinhala and Tamil New Year holding ‘Avurudu Ganudenu’ ceremonies at 79 of its branches, which were opened from 9:00 a.m. to 12 noon on April 14.

Blessing in disguise for ‘reforms’

They say every cloud has a silver lining. We are a country that has been starving with reforms to connect to the modern world with technology to improve the country’s processes in logistics and trading capabilities to make it a true hub, given its enormous advantage being in the centre of the east-west linking shipping route in the Indian Ocean.

NDB Wealth advises to plan for financial freedom this Avurudu

The most auspicious time of year, the Sinhala and Tamil New Year, also popularly known as ‘Aluth Avurudu’, is more than just a time for celebrations, feasting and visiting family and friends. With its roots in traditional harvest periods, it is a time that most people choose to take stock of the year gone past. And, at the same time, prepare oneself for a new year and a new beginning.

Meet Pakistan High Commissioner at National Chamber

Pakistan High Commissioner Major General Shakeel Hussain will be the special guest speaker at a session on ‘Bilateral trade between Sri Lanka and Pakistan’ organised by the National Chamber of Commerce of Sri Lanka, on Thursday, April 28, 2016 from 3:00 p.m. to 4:30 p.m., at the chamber auditorium, No: 450, D.R. Wijewardena Mawatha, Colombo 10.

Clearing Association of Bankers announces upcoming Interbank Quiz

The Clearing Association of Bankers (CAB) has organised its annual Interbank Quiz competition, which will take place on April 24, 2016 at Balmoral Hall, The Kingsbury Hotel Colombo, at 4:30 p.m.  The competition sponsored this year by Deutsche Bank, Pronto Lanka (Pvt.) Ltd and Transnational BPM Lanka (Pvt.) Ltd with ITN Sri Lanka playing the part official electronic media partner, is the 24th Interbank Quiz organised by the CAB.

Western Region Megapolis Plan’s 140 projects launched to develop WP

With the core objective of giving an impetus to the development of the Western Province (WP), 140 new projects have been launched in the region at an estimated cost of US $ 62,000, said Megapolis and Western Development Ministry Western Region Megapolis Planning Project Project Director/Team Leader Lakshman Jayasekara. 

MoneyGram remittance direct to eZ Cash wallets

eZ Cash, Sri Lanka’s first and largest mobile money and payment service announced the launch of direct to mobile inward remittance in partnership with MoneyGram this month.

Good governance activist writes to Monetary Board demanding bond info

Good governance activist and former Ceylon Chamber of Commerce Chairman Chandra Jayaratne has requested the Monetary Board of Sri Lanka information pertaining to the treasury bond issues carried out by the Central Bank this year.

Increasing global cooperation in enforcement against corruption raises companies’, executives’ stake

Corporate misconduct – individual consequences finds a worldwide clamour for enhanced transparency at a time of increased geopolitical tensions and heightened volatility in financial markets. The escalating threats of cybercrime, terrorist financing and, more recently, the revelations regarding widespread possible misuse of offshore jurisdictions, have increased pressure on governments to act and companies to identify and mitigate fraud, br

Startup Sri Lanka holds Disrupt 2.0 Bootstrapped vs. Funded

With the aim of uplifting the start-up ecosystem in Sri Lanka and to grow the start-up community, Startup Sri Lanka, represented by the Entrepreneurship Forum, which is an initiative by the Sri Lanka Association of Software and Service Companies (SLASSCOM), hosted and concluded another successful boot-camp.

New Year kokis to luxury permits

The kokis eaten on our traditional New Year didn’t have much time to digest when the news broke that luxury vehicle permits worth US $ 62500 were issued to all 225 Members of Parliament of Sri Lanka, which they can sell for close to Rs.20 million each permit.