Nawaloka Hospital completes 30 successful bone marrow transplants

A milestone in the country’s healthcare system was marked in September 2014, when the first bone marrow transplant was successfully performed at the Nawaloka Hospital. The hospital recently confirmed the country’s first ever successful bone marrow 

Mobitel, University of Kelaniya and ACCIMT collaborate for mobile technology innovation in cancer ca

The National Mobile Service Provider Mobitel, in collaboration with the University of Kelaniya and Arthur C. Clarke Institute for Modern Technologies(ACCIMT), is launching two interactive mobile apps for stoma care and breast cancer care.

Pan Asia Bank joins hands with Bellvantage

Sri Lanka’s fastest growing commercial bank, Pan Asia Banking corporation PLC recently joined hands with Bellvantage (Pvt.) Ltd to obtain an outsourcing solution to handle the bank’s 24x7/365 Contact Centre operation.

Make good times great this Deepavali with NDB Wealth

While experiencing the beauty of Deepavali, the Hindu Festival of Lights, always bear in mind that planning ahead makes any of life’s milestones even better.

Fitch rates Seylan Bank’s Basel III sub debt ‘BBB+(lka)(EXP)’

Fitch Ratings has assigned Seylan Bank PLC’s (A-(lka)/Stable) proposed Basel III-compliant subordinated debentures an expected National Long Term Rating of ‘BBB+(lka)(EXP)’.

Laugfs Gas celebrates two years in Bangladesh

Laugfs Gas, which is a part of the diversified Sri Lankan conglomerate Laugfs Holdings, recently celebrated two years of operation in Bangladesh with the presence of eminent local business leaders and government officials.

TMI Solutions appreciated by largest hospital in Maldives

TMI Solutions (Pvt.) Ltd, 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.

Enrich wins NCE Gold Award and two Silver Awards

Enrich Tea and Food Exports (Pvt.) Ltd, one of the leading tea and food exporters in Sri Lanka, bagged three coveted awards at the NCE Export Excellence Award ceremony 2017 organized by National Chamber of Exporters.

Tailor made FDs with Nations Trust Bank’s Flexi Deposit Scheme

Nations Trust Bank introduces Nations Flexi Deposit, a scheme tailor-made for fixed deposits with a flexible investment period of the customer’s own choosing to receive the benefits of high interest earnings.

Etihad Aviation Group Supports Vocational Excellence At Worldskills Abu Dhabi 2017

Etihad Aviation Group is proud to provide air, ground and logistical support to WorldSkills Abu Dhabi 2017, with thousands of competitors converging on the UAE’s capital city this week for the biggest

IQ leads the charge in Sri Lanka

For the first time in Sri Lanka, Innovation Quotient -IQ- is bridging the gap between human insight, applied creativity and technical capability. And it’s bringing these solutions to top corporates, 

Dialog Ridma Reyak 2017’ Musical Extravaganza

For the second consecutive year, premier telecommunication service provider, Dialog Axiata PLC, will support the much-anticipated musical extravaganza ‘Ridma Reyak’ on the 29th of October,

SL sees gains from GSP Plus in August

The Sri Lankan apparel sector finally appears to have started realizing the benefits of the recently reinstated Generalized System of Preferences Plus (GSP Plus) facility with the European Union (EU) with double digit growth in exports, while the exports to the US market too saw an uptick.

OFID loans additional US $ 18mn for Kaluganga project

OPEC Fund for International Development (OFID) has loaned an additional US$ 18 million to Sri Lanka for the Kaluganga Development Project (KDP), a Finance Ministry communiqué said.

Sirisena-Wickremesinghe govt. poised to leapfrog economy, Mangala tells World Bank

Sri Lanka’s unity government, headed by President Maithripala Sirisena and Prime Minister Ranil Wickremasinghe, is poised to leapfrog the economy after long years of conflict and political instability, according to Finance and Mass Media Minister Mangala Samaraweera.

Industrial production records strong rebound in August

Sri Lanka’s industrial production, which measures the volume of goods and services produced in the manufacturing sector, showed a healthy growth in August, both against the same month in 2016 and the month before in 2017. 

Dialog to shrink brick-and-mortar financial services of Colombo Trust Finance

With the acquisition of Colombo Trust Finance PLC (CTF) in September, Dialog Axiata PLC has sent a strong signal to the Lankan banks and finance companies that they should be ready to face their traditional brick-and-mortar business models being severely challenged during the next 5 to 10-year period. 

South Asia’s first NB-IoT service launched on Dialog’s 4G LTE network

Dialog Axiata PLC yesterday announced the unveiling of yet another cutting-edge technology solution with its foray into Narrowband Internet of Things (NB-IoT).  The first to launch the technology in South Asia, NB-IoT is a narrowband radio technology specially designed to enable seamless connectivity amongst devices using Low Power Wide Area (LPWA) technology. 

Ramada Colombo and SriLankan Airlines host IATO delegates

Ramada Colombo together with SriLankan Airlines recently had the pleasure of hosting the delegates from the Indian Association of Tour Operators (IATO) for cocktails and a lavish dinner at the Liberty Ballroom.

Be a bold dreamer and carry your flag high until you reach the summit with your team

Sometimes you’re going to find that leading people is a joy: you admire how everyone pulls together to scale new heights of performance and teamwork. At other times, however, leading people can seem like an uphill battle as they falter and fail to deliver the performance you expect.

Maersk Line ‘Milan Maersk’ to call on Colombo

The world’s largest container shipping company Maersk Line, with a presence in Sri Lanka for more than 25 years, continues to invest in Sri Lanka and contribute to its economy by bringing some of the latest and largest ships to Colombo.

AIA rolls out Pension Month

Have you thought about your retirement? Or has planning for it seemed so complicated and overwhelming that you put it aside for later? If so, then you are not alone. Most people find planning for retirement an expensive task with tons of paperwork, laborious medical testing and general stress. It is therefore often postponed or at times disregarded all together.

Hirdaramani facilitates TEDxColombo as main partner

The Hirdaramani Group facilitated TEDxColombo for the third year in a row as main partner.  Known globally for being a platform that can spark change, its ethos mirrors that of Hirdaramani’s, which has forged innovation in its ethical and sustainable manufacturing. 

Oman Air ferries Umrah passengers to Madinah in partnership with Traveller Global

Oman Air recently facilitated a group of 78 pilgrims from Sri Lanka to fly to Madinah for Umrah in the New Islamic Year.

UA initiates journey to drive you towards success

Spreading the thoughts of showing Sri Lanka the path to achieving enduring success, Union Assurance (UA) has taken steps to launch a special brand awareness programme, which commenced its activation programmes throughout the island from October 9 and will continue till mid-November. 

A landmark shift in insurers’ financial reporting: EY

The International Accounting Standard Board (IASB) issued a new insurance contracts standard, International Financial Reporting Standards (IFRS) 17 Insurance Contracts. Ernst & Young (EY) finds that this will trigger a landmark shift in the financial reporting of insurers under IFRS and Sri Lanka Standards and marks a fundamental change to the current practice across the industry. 

People’s Bank opens 100th self-banking unit at Trinco regional head office

Marking a milestone in its 56 years long history, People’s Bank recently opened its 100th self-banking unit in the People’s Bank Trincomalee regional head office premises.

Etihad Airways to launch flights to Azerbaijan

Etihad Airways has announced plans to launch scheduled flights between Abu Dhabi, the capital of the United Arab Emirates, and Baku, the capital city of the Republic of Azerbaijan, effective 2nd March 2018.

Mangala meets US Commerce Secretary

Minister of Finance and Media Mangala Samaraweera met US Secretary of Commerce, Wilbur Ross, a Senior Cabinet Minister of the Trump administration, on the sidelines of the World Bank/IMF Annual Meeting in Washington, D.C last week

Building resilience for climate-induced disasters in Sri Lanka

With the arrival of monsoon rains, Sri Lanka is just seeing the end of the drought that impaired many parts of the country. However, its negative effects continue to be felt by the affected communities. Unfortunately, droughts are not the only natural disaster Sri Lanka has seen in the recent past; the country has been wrecked by a series of floods and landslides alternatively, during the past few years, while Sri Lanka is at risk for such calami