HTC opens first official store in Sri Lanka

HTC Corporation, a leading innovator in mobile and virtual reality technology, opened its first retail store in Colombo recently. 

Kaspersky Lab together with Avian Technologies presents Kaspersky Internet Security 2018

The make-up of the modern home is changing, bringing with it a new era of household, which on average, cares for 2.4 people , 0.3 pets  and now also 6.3  connected devices per home. 

Etisalat launches cliQ app on iOS

Due to high demand, Etisalat Sri Lanka has now launched its increasingly popular cliQ app for iOS users.

Morison PLC unveiled to mark new era

J.L. Morison Son and Jones (Ceylon) PLC (JLM), the largest pharmaceutical manufacturer in Sri Lanka and a subsidiary of Hemas Holdings PLC, launched its new identity, ‘Morison PLC’ with the unveiling of its new logo, signifying a rejuvenated course of direction for the company.

SAJICA conducts Acu Healers World Conference

A two day workshop was conducted by SAJICA (Sir Anton Jayasuriya Center for Acupuncture), at ‘Acu Healers World Conference’ at Calicut, Kerala, India.

Sethsuwa Pranajeewa to hit European market

Due to the huge demand from many countries around the world for Sethsuwa Pranajeewa, it has been decided to increase the distribution network targeting the European market, the Sethsuwa Ayurweda Hospital Managing Director said.

Patients experience superior survival in bypass surgery with total arterial revascularisation

Coronary Artery Bypass Graft (CABG) operations are one of the most commonly performed surgical procedures worldwide and progressive advances in surgical techniques and perioperative care has led to an increasing number of patients undergoing bypass surgery during the past decade.

Philippines’ Duterte orders special bank for overseas Filipinos

REUTERS: Philippine President Rodrigo Duterte has ordered the creation of a bank catering to Filipinos overseas, the presidential office said yesterday, fulfilling a campaign promise to a sector which catapulted him to power.

Prof. Rohan Jayasekara appointed Medical Director of Ceylinco Healthcare Services

Ceylinco Healthcare Services Ltd. (CHSL) has announced the appointment of Vidya Jyothi Emeritus Prof. Rohan Jayasekara, immediate past Dean of the Faculty of Medicine of the University of Colombo, as its Medical Director.

Tighter global conditions may hamper SL’s possible plan to roll over bonds: World Bank

Sri Lanka’s possible plans to roll over its Eurobonds that are maturing every year from 2019 onwards could face considerable challenges as tighter than expected global financial conditions would likely increase the cost of debt, the World Bank said yesterday.  

South Asia’s largest sexual medicine conference in Colombo

The Third Biennial Meeting of the South Asian Society for Sexual Medicine (SASSM) will be held from the 19th to the 21st of November 2017 in Colombo. The theme scheduled for the conference will be ‘New Frontiers in Sexual medicine: Mind, Body and Science’.

Tourism momentum slows; September arrivals drop 2.3%

The tourism industry’s momentum continued to slowdown this September without effective destination promotions, as the Sri Lanka Tourism Development Authority (SLTDA) statistics indicated that 145,077 tourists visited Sri Lanka during the month, a 2.3 percent fall compared to the same period last year. 

Union Bank continues its assistance to local exporters

The 25th annual National Chamber of Exporters of Sri Lanka (NCE) Awards, which fetes outstanding exporters was held recently at the Hilton Colombo. Union Bank supported the initiative by NCE which recognizes exporters who make significant contributions to the economy while rewarding them on their achievements in local and international markets.

How blockchain can revolutionise access to finance

If you have not yet heard of blockchain, you will soon. Blockchain is expected to further speed the pace of change in a financial sector already probing new frontiers. This emerging digital technology promises to also further expand financial inclusion to some of the remotest corners of the planet.

Shares end lower on profit-taking; investors pick diversified stocks

REUTERS: Sri Lankan shares ended lower yesterday, slipping from a nine-week closing high hit in the previous session, as investors booked profits in banking and diversified stocks, but continued foreign buying helped boost sentiment, brokers said. The Colombo 

Atlas Axillia wins four golds at NCQP Awards 2017

Atlas Axillia (Pvt.) Ltd swept the boards at the recent National Convention on Quality and Productivity (NCQP) Awards 2017, winning four prestigious gold awards at the illustrious event.

Rupee ends slightly weaker on importer dollar demand

REUTERS: The Sri Lankan rupee closed marginally weaker yesterday as importer dollar demand surpassed inward remittances and selling of the US currency by exporters and a bank, dealers said.

Poverty and access to education: An old problem affecting younger generation of Sri Lanka

The importance of providing access to quality education to all, in order to eradicate extreme poverty and reduce poverty, is well-documented. The UNICEF’s Child Poverty in Post-2015 Agenda argues that extreme child poverty can lead to an intergenerational poverty cycle. It further highlights the need to break this intergenerational poverty cycle by eradicating child poverty for the sustainable eradication of extreme poverty. 

South Asia loses top global growth driver position to East Asia

After leading the global economic growth for two years, South Asia has lost its number one place to East Asia and the Pacific as the region’s economic growth is expected to drop to 6.9 percent in 2017, from 7.5 percent in 2016.

Nikon Corporation celebrates 100th anniversary

Nikon Corporation of Japan, the manufacturer of world famous Nikon cameras, recently celebrated the completion of 100 years of superlative service to its customers world-wide.

China approves HP’s US $1.1bn buy of Samsung’s printer business with curbs

REUTERS: China said it has approved HP Inc’s US $1.1 billion purchase of Samsung Electronics’ printer business with certain restrictions, citing concerns about the U.S. firm’s dominance of the domestic laser printer market.

IIT continues winning streak at local and international competitions

Informatics Institute of Technology (IIT) has once again emerged triumphant as the institute’s students and alumni bagged several prominent accolades this year.   Isuru Sampath Kariyawasam who is a Software Engineering undergraduate at IIT won them Billionth Award for his latest innovation ‘Orasi 2.0 World’. His award winning 

Experience true variety of cuisines at Hotel Riu Sri Lanka

The five-star 24hr all-inclusive hotel Riu Sri Lanka serves a variety of dishes from different destinations among which the local cuisine being a popular one.The hotel features two main 

HTC opens its first Official Store in Sri Lanka

HTC Corporation, a leading innovator in mobile and virtual reality technology, openedits first retail store in Colombo today. The HTC Store,located at Liberty Plaza, was inaugurated 

Kaspersky Lab together with Avian Technologies presents Kaspersky Internet Security 2018

The make-up of the modern home is changing, bringing with it a new era of household,which on average, cares for 2.4 people , 0.3 pets  and now also 6.3  connected devices per home. 

Land prices in Colombo keeps rising and remains the best investment option

Land values in Colombo are growing at a remarkable rate, a recent study has found. According to the national House Price Index maintained by LankaPropertyWeb.com, average land prices in Colombo

Fairway Colombo celebrates its first year in operation!

A year ago, the Fairway Colombo City Hotel made its grand entrance into the Hospitality Industry in Sri Lanka. 

Edotco wins first-ever “ Asia pacific telecoms tower company of the year”

edotco Group (“edotco”), a leading integrated telecommunications infrastructure services provider, is pleased to announce that it was presented the “2017 Asia Pacific Telecoms Tower Company of the 

Combank to provide online sales channel to Lankan merchants through WEBXPAY

The Commercial Bank of Ceylon has announced it will provide its internet payment gateway (IPG) facility to support a new e-commerce platform in  Sri Lanka.

Sanasa co-sponsors Asian Credit Union Forum 2017

ACCU Forum 2017 of Association of Asian Confederation of Credit Union was held at Galadari Hotel, Colombo recently and it was proudly co-sponsored by one of the island’s most reputed institutes, Sanasa.