TRCSL Ranks Mobitel’s 4G Network as the ‘Fastest Broadband Network’ in Sri Lanka

Mobitel achieves yet another milestone by being ranked as the ‘Fastest Broadband Network’ on 4G by the Telecommunication Regulatory Commission of Sri Lanka (TRCSL). This is based on the latest 

Former CEO of Qatar Financial Centre to be featured on Ceylon Chamber’s  ‘Front Row’

‘Economy.Lk’, The digital platform  of the Ceylon Chamber of Commerce, launched to disseminate vital business and economic information is now airing ‘Front Row’, a new programme, featuring acclaimed business leaders, policy makers, economists and thought leaders from both Sri Lanka  and overseas.

SLEA Annual Sessions to focus on agriculture and industry

The hallmark event of the Sri Lanka Economic Association (SLEA), the SLEA Annual Sessions 2017, will focus on policies required to modernize the country’s agriculture and industry sectors.

EDB organizes B2B meetings with Japan’s Aeon Topvalu

Officials of the EDB met the representative of Aeon Topvalu Co. Ltd. retail giant of Japan at the EDB recently. 

Exporters highlight negative impact of frequent street protests to economy

The frequent occurrence of street protests and demonstrations orchestrated by diverse groups, most often with political backing, is seen to be having an adverse effect on the conduct of export business, National Chamber of Exporters (NCE) said in a statement. “Exporters have highlighted disruption to the operations of their export businesses due to this reason. 

Electric vehicle battery disposal could become national issue sans proper policies: auto industry st

Disposing of electric vehicle (EV) batteries could become a national issue in the medium to long-term without proper policies, as the first electric cars will begin to require replacements for their batteries shortly, an automobile industry stakeholder told a recent seminar in Colombo.

Yala safari jeep operators oppose limited access to park

The safari jeep operators at the Yala National Park carried out a protest campaign yesterday morning demanding unhindered access to the wildlife sanctuary, which is one of the country’s top most tourist attractions.

Wider income disparities emerge among urban, rural and estate sectors

Although the rising household incomes have trimmed the country’s inequality to a certain degree, the wider disparities remain in incomes among urban, rural and estate sectors, the latest data from the Household Income & Expenditure Survey (HIES) for the year 2016 by the Census and Statistics Department showed.

Sri Lanka floats international tender for 200,000 MT of rice

Sri Lanka has launched an open international tender to import a fresh tranche of rice– a first call in recent times to be issued to suppliers worldwide.

TRCSL speed tests rank Mobitel as fastest broadband network

Mobitel, the mobile arm of Sri Lanka Telecom PLC, yesterday said they have been ranked as the fastest broadband network on 4G by the Telecommunication Regulatory Commission of Sri Lanka (TRCSL), based on the speed tests carried out by the telecom sector regulator.

SLT partners Infotel-2017 as principal sponsor

Sri Lanka Telecom, Sri Lanka’s premier telecommunication solutions provider has joined with as a principle sponsor with Infotel 2017, in supporting the vision of transforming Sri Lanka towards a trillion-dollar economy through digitization by 2042. 

Laugfs IT wins honours at NBQSA 2017

Laugfs IT claimed five prestigious awards at the 19th National Best Quality Software Awards (NBQSA) 2017.  

MI Synergy emerges winners at NBQSA again

MI Synergy Pvt Ltd clinched two NBQSA Excellence Awards for the third consecutive year at the 19th NBQSA ICT Excellence Awards 2017, organized by the Sri Lankan wing of British Computer Society (BCS) with ICTA sponsorship. 

Evinta DCS’ by John KeellsIT wins Gold at NBQSA

Evinta Departure Control System (Evinta DCS), a product by John Keells IT won the overall Gold award at the recently concluded British Computer Society’s National Best Quality Software Awards (NBQSA) 2017, held at Taj Samudra, Colombo.

Huawei and Telefónica Deutschland launch world’s first 5G-oriented antenna deployment solution

At the 2017 Global Antenna Technology and Industry Forum recently held in Munich, Huawei partnered with Telefónica Deutschland to launch the world’s first 5G-oriented antenna deployment solution. 

Pan Asia Bank expands green lending facility from Global Climate Partnership Fund

Pan Asia Bank and the Global Climate Partnership Fund (GCPF) have closed a new US$13 million facility agreement.

AIA Insurance Supreme Category Wealth Planners tour Melbourne

AIA’s Supreme Category Wealth Planners, Wealth Planners’ Mangers and DU Heads enjoyed a six day, all expenses paid holiday to Melbourne Australia, as a reward for their superior performance  last year. 106 qualifiers along with their family members totaling a group of 132 enjoyed exploring the city with its modern Federation Square development, plazas and restaurants as well as appreciating the arts in the precincts and galleries

HNB partners UnionPay with new ATM acceptance agreement

Building on an agreement signed last February, HNB PLC announced a follow-up partnership with UnionPay International to enable ATM acceptance of UnionPay cards.

Hoteliers say attracting right talent becoming increasingly challenging

On the eve before the staging of the first edition of the ‘Rising Star Awards’ to recognize outstanding young talent in the hospitality industry, the head of The Hotels Association of Sri Lanka (THASL) urged the government to take a closer look at the challenges faced by the hotel industry in attracting talent.

Economic goals and new constitution: Barking up the wrong tree?

The constitution of Sri Lanka is the supreme law of the country giving peoples’ power to the government of the day and limiting its powers to the constitutional boundaries. In the preamble of the 1978 constitution, the term ‘people’ is further clarified by saying ‘the people of Sri Lanka’ and not some people of Sri Lanka. 

Softlogic Finance opens 34th branch in Kotahena

Continuing on its journey to better serve a growing base of valued customers, Softlogic Finance PLC announced the further expansion of its branch network with the opening of its 34th fully-fledged new branch in Kotahena.

BOC hosts Punchi Picasso art exhibition

Art is a child’s best mode of expression. In line with the BOC’s 78th anniversary, the bank made a platform for children to reveal their creativity by organizing an art competition called ‘Punchi Picasso’ jointly with the of Ministry of Education.

TMI Solutions appreciated by largest hospital in Maldives

TMI Solutions (Pvt.) Ltd who is the authorized dealer for Nihon Kohden Corporation Japan products in Maldives was appreciated by the Indira Ghandhi Memorial Hospital for the contributions made for the upliftment of the hospital’s doctors and nurses knowledge on patient monitoring and resuscitation.

Senasinghe meets delegate of Commerce and Industry Chamber, Paris

Sri Lanka International Trade State Minister Sujeewa Senasinghe met Nelly Rodi, delegate of President of Chamber Commerce and Industry (CCI)-Paris, and officials of CCI during his visit to Paris from 10th to 13th October 2017.

Ceylon Biscuits Limited wins big at NCE Export Awards 2017

Ceylon Biscuits Limited (CBL) was adjudged the ‘Most Outstanding Exporter of the year at the 25th Annual NCE Export Awards 2017 held recently in Colombo.

Emirates, the world’s largest flying restaurant

Emirates serves more than 100 million meals a year with the same attention to detail in First, Business and Economy Class.

Quebee Den’s Rohanthi recognised as Western Province’s ‘Best Entrepreneur’

Quebee Den Founder/CEO Rohanthi Wijewickrama has won coveted “Best Entrepreneur - Industrial & Manufacturing Sector” honours at the recently concluded Entrepreneur Awards 2017 - Western Province.

Arpico PVC first local manufacturer to receive ISO 9001:2015 accreditation

Arpico PVC, Sri Lanka’s leading manufacturer of PVC pipes and fittings, recently became the first PVC pipes and fittings manufacturer in the country to be bestowed with the ISO 9001:2015 certification.

SIA mobile app adds Android Pay And Apple Pay as payment options

Singapore Airlines (SIA) customers can enjoy a more convenient and faster payment method with the introduction of Android Pay and Apple Pay mobile payment services on the Airline’s award-winning mobile app.

Signature joins Colombo Shopping Festival as official men’s garment partner

Colombo Shopping Festival, the most awaited shopping extravaganza is ready to bring an unmatched experience that shoppers will never forget from December 16th to  23rd at BMICH.