Wendesiya enhances online entertainment landscape in SL through unique auctions

Wendesiya– the best reverse bidding online portal to hit the Sri Lankan market has turned a new page in online entertainment by offering unbeatable prizes for its winners.

Mobitel’s Cash Bonanza Montero Extravaganza announces July winner

Mobitel’s Cash Bonanza Montero Extravaganza programme announced P. D. P. Chathuranga Pitawala from Borupana, Rathmalana as the lucky winner of the Cash Bonanza Montero Extravaganza for the month of July 2017. 

Combank World Mastercard holders to enjoy LoungeKey facilities

The key to more than 800 airport lounges around the world is now with holders of World Mastercard credit cards issued by the Commercial Bank of Ceylon, following the launch of LoungeKey in Sri Lanka by Mastercard from 1st September 2017.

Dilmah in consolidation drive; acquires parent’s exports business

Dilmah Ceylon Tea Company PLC (Dilmah) will be issuing new shares to its parent company MJF Teas (Private) Limited (MJFT) to acquire all value-added tea export operations of the MJF group for Rs.442.5 million.

Empire kitchen brings Biriyani to your fingertips

Empire kitchen, a novelty in the food catering sector in Sri Lanka is set to launch a simple web application in lieu of the upcoming Hajj festival. 

Cabinet nod for Rs.150 per kilo pepper subsidy

The cabinet yesterday approved to provide a Rs.150 per kilogramme subsidy for pepper growers until the pepper prices reach the levels seen early this year.

Lankan exporters should link up with lead firms to meet ‘private standards’, says trade expert

Dr. Harsha Vardhan Singh – former Director at the World Trade Organisation and currently the head of Brookings India – was a speaker at the recently concluded Sri Lanka Economic Summit, in a session on ‘Executing a Smarter Trade Strategy Amidst Turbulence’.

Rupee ends weaker on importer dollar demand

REUTERS: The Sri Lankan rupee closed slightly weaker yesterday as importer dollar demand from foreign banks surpassed the exporter greenback sales, dealers said.

SL should brace for higher interest rates as domestic borrowings set to peak

Despite the government securities yields pointing to a lowering trend, Sri Lanka is most likely to face higher interest rates during most part of 2018 as the Central Bank will have to borrow excessively from the banking sector to settle domestic borrowings. 

July 2017 Winner for Season 2 of Mobitel’s Cash Bonanza Montero Extravaganza drives away with a bran

The National Mobile Service Provider, Mobitel’s Cash Bonanza Montero Extravaganza programme reached fever pitch in July 2017, witnessing growing participation of customers as a result of the

Ninewells Fertility Center achieves 60% success rate in fertility treatment

Ninewells Hospital, Sri Lanka’s leading private hospital specializing in Women and Child Care, achieved a remarkable milestone recently in their success story in fertility services. 

Balasooriya Private Hospital receives Gold and Silver at CNCI Achievers Awards

Balasooriya Private Hospital received the Gold award in large category – service sector (provincial level) and the Silver award in large category – service sector (national level) at the CNCI Achiever Awards 2017 organized by the Ceylon National Chamber of Industries (CNCI). 

Apeksha IVF wins Merit Award at CNCI Achiever Awards 2017

Apeksha IVF and Research Centre, Ratmalana, was recently recognized with a National Level service sector Merit Award at the CNCI Achiever Awards 2017 for Industrial Excellence.

WISH launches latest advancements in Siemens hearing care

Pioneering hearing care specialists in Sri Lanka, the Wickramarachchi Institute for Speech and Hearing (WISH) recently conducted a special training session for audiologists at the WISH Auditorium in Delkanda, Nugegoda. 

AstraZeneca strikes US $400mn Parkinson’s drug deal with Takeda

REUTERS: AstraZeneca is to receive up to US $400 million from TakedaPharmaceutical after striking a deal for the Japanese company to co-develop an early-stage medicine for Parkinson’s disease. The drug, MEDI1341, is an antibody treatment discovered by the British company that is due to enter Phase I clinical trials later this year.

Brazil trade delegation participates in CRT Trade Fair

A high-powered trade delegation from the Federative Republic of Brazil, one of the BRICS nations, visited Sri Lanka recently to participate in the CRT Trade Fair organised by the Plantation Industries Ministry, which was held at the BMICH, Colombo. 

Tobacco cultivation has no adverse impacts on soil fertility: study

A joint study by the University of Peradeniya Soil Science Department and Agriculture Faculty has refuted claims that tobacco causes soil fertility degradation. 

Problems lead to opportunities: 150 years of Ceylon Tea

Sri Lankans are gifted with two psychological traits by birth and they are being emotional and also being jealous. At a time we celebrate 150 years of tea in Sri Lanka, it will be a worthwhile effort to view as to how these two traits have affected the industry, the employees and the decision makers alike. 

Nurturing national cricket team and protecting country’s image

Sports lovers, particularly cricket fans, must be highly concerned about the unruly crowd behaviour at recent ODIs. 

Selonica Perumal in Campaign Asia’s ‘Top 40 Women in Asia to Watch’

Publicis Director Selonica Perumal has been named as one of the Top 40 Women to Watch by Campaign Asia. 

Qatar Airways Group Chief Executive elected Chairman of IATA’s Board of Governors

Qatar Airways Group Chief Executive, Akbar Al Baker, has been elected Chairman of the Board of Governors (BoG) of prestigious global aviation industry body International Air Transport Association (IATA), effective June 2018.

SIA and SilkAir offer attractive fares to South East Asia

Customers travelling on Singapore Airlines and Silk Air will have the opportunity to avail attractive fares to their favourite destinations.

Original 1960’s Gulf Air uniform sketch donated to airline

A signed sketch by the late Joy Stokes, designer of Gulf Air’s cabin crew uniforms in the 1960s and 1970s, was recently donated by her son Michael Stokes to the national carrier and now appears in the airline’s Gulf Air Falcon Gold Lounge at Bahrain International Airport.

World Finance crowns Ceylinco Life best in SL for fourth consecutive year

Ceylinco Life has been crowned the ‘Best Life Insurer in Sri Lanka’ by World Finance for the fourth consecutive year in 2017, on the basis of the company’s performance in FY 2016.

Amãna Bank rewards four education finance customers with laptops

Amãna Bank recently concluded its education financepromotion by rewarding fourlucky studentswith laptops to help them excel in their education.

NDB Private Wealth Center, Sri Lanka’s first all-in-one financial services hub

The NDB Private Wealth Center recently became Sri Lanka’s first ever all-in-one financial services hub, following the opening of its very own NDB Bank branch. 

Union Assurance recognized for product innovation approaches

Appreciating the innovative product designing approaches, Union Assurance (UA) was able to receive the recognition for its efforts on the introduction of the unique Health Insurance Solution - Union Smart Health. 

Union Bank relocates Gampaha branch

Union Bank reopened its Gampaha branch at a more convenient and easily accessible location at 170A, Colombo Road, Gampaha.

Fitch assigns Siyapatha finance’s subordinated debt final ‘BBB+(lka)’

Fitch Ratings Lanka has assigned Siyapatha Finance PLC’s subordinated redeemable debentures of up to LKR one billion a final national long-term rating of ‘BBB+(lka)’.

Fitch affirms Citibank Lankan branch at ‘AAA(lka)’

Fitch Ratings Lanka has affirmed the Citibank N.A. Colombo branch’s (CitiSL) national long-term rating at ‘AAA(lka)’.The Outlook is ‘Stable’.