‘Seamless Middle East’ to showcase fintech solutions

Epic Technology Group, synonymous for fintech solutions, will be on show at the ‘Seamless Middle East’ to be held in Dubai at the World Trade Centre on May 1stand 2nd. 

Sri Lanka: National interests in globalised world

The first 100 days of the US President Donald Trump’s administration revealed the complexity of a head of state’s task. 

Overseas Realty March profits up on forex and fair value gains

Overseas Realty (Ceylon) PLC (OSEA), the local unit of the Singapore-based real-estate group, Shing Kwan Group, saw its March quarter (1Q17) net profit rising by 21 percent to Rs.881 million or 72 cents a share from a year ago, supported by a hefty foreign exchange and fair value gains made on the group’s investment property, the interim results showed. 

Central Bank releases annual report for 2016

The Central Bank annual report for the year 2016 was handed over to Finance Minister Ravi Karunanayake by Central Bank Governor Indrajit Coomaraswamy, yesterday.

DFCC takes banking transactions to customers’ doorstep with Mobile Teller

Sustaining its momentum to offer technology-backed convenience to customers, DFCC Bank re-launches ‘Mobile Teller’, a digital banking service owned and operated by DFCC Bank and developed by SYNAPSYS. 

Is now the time for a 1930s-style global trade war?

US President Trump’s ‘America First’ policy is not unique; protectionism has crept up since the 2008-09 global financial crisis as the G20 countries have stealthily ramped up measures against each other and governments have exhorted citizens to buy local products.

SLTPB participates in Arabian Travel Market

The Sri Lanka Tourism Promotion Bureau (SLTPB) took part in the Arabian Travel Market (ATM) for the 14th consecutive year recently, in an attempt to attract more tourists from the Middle East region to Sri Lanka, an SLTPB press release stated.

Sri Lankan team selected to compete at Microsoft Imagine Cup World Finals

Microsoft announced that Team Titans from Sri Lanka had been selected as one of seven teams to represent South Asia at the Microsoft Imagine Cup World Finals in July this year. 

Ceylinco Life retirement planning month begins on May 2

The best time to start investing in retirement is at the commencement of employment, a new campaign to be launched by Ceylinco Life in May asserts.

Hitachi and SAP grow relationship with new offerings and deeper alignment

Hitachi Data Systems (HDS), a wholly owned subsidiary of Hitachi, Ltd., and SAP AG announced an expansion of its worldwide alliance by extending a global original equipment manufacturer (global OEM) agreement that includes SAP HANA solutions delivered by HDS.

ComBank offers ‘Flexi Plan’ for high value credit card purchases

The Commercial Bank of Ceylon now offers ‘Flexi Plan’, an easy payment scheme for credit card holders who have been unable to convert their high value transactions into easy payment plans at the point of purchase.

Laugfs group IT clinches top notch awards at BestWeb.lk 2017

Laugfs group IT clinched top notch honours at the BestWeb.lk 2017 competition winning the Silver Award for the best Sinhala website, Bronze Award for the best Tamil website and a Merit Award in the best corporate website category. 

Global Alliance presents SL fresh opportunity to cut red tape in cross-border trading

The Global Alliance for Trade Facilitation (GATF) yesterday presented Sri Lanka with a fresh opening to uplift its processes on trading across borders but implied a turnaround must be witnessed in the near future if it is to capitalize on the “once-in-a-lifetime opportunity”.

99X Technology ranked among APAC’s top ‘25 Agile Solutions Providers’

Reiterating its commitment to delivering technological excellence as a specialist in software product engineering, 99X Technology has been ranked among the ‘25 Most Promising Agile Solutions Providers’ in the Asia Pacific region in APAC CIO outlook Magazine’s annual listing of top companies providing Agile solutions for enterprises. 

Dickwella Estate achieves all-time record price

At the Colombo tea auction held on April 24 and 25, 2017, an invoice of Dickwella Estate BP was sold at Rs.720 per kilogramme, setting a new record.

NDBIB pioneers cornerstone strategy for IPOs on CSE

NDB Investment Bank (NDBIB) introduced the cornerstone investor strategy to the Colombo bourse via the recent Initial Public Offering (IPO) of RIL Property Limited (RIL). 

Mobitel launches revolutionary digital recharge system in Sri Lanka

Keeping in line with the current digitization trends, Sri Lanka’s national mobile service provider Mobitel, introduced a digital recharge system, becoming the first mobile services operator to introduce such a system in Sri Lanka.

Role of IP rights in stimulating innovations

April 26 marks the World Intellectual Property (IP) Day. This year, the 16th IP Day focused on the theme of ‘Innovation – improving lives’, which aims to explore how innovation makes lives healthier, safer and more comfortable. 

DFCC Bank takes banking transactions to customers’ doorstep with Mobile Teller

Sustaining its momentum to offer technology-backed convenience to customers, DFCC Bank re-launches “Mobile Teller” a digital banking service owned and operated by DFCC Bank and developed 

Sri Lanka Telecom recognized as the Best Corporate Website and the Most Popular Corporate Website at

Leading ICT Solutions Provider, Sri Lanka Telecom secured two prestigious awards at the 7th annual BestWeb.lk competition for the year 2017.

Mobitel Launches Revolutionary Digital Recharge System in Sri Lanka

Sri Lanka’s National Mobile Service Provider, Mobitel sustains its lead at the forefront of the mobile commerce revolution in the country by pioneering the Digital Recharge System for the first time ever 

Startup Weekend is ready to shakeup Negombo - Silicon Beach:Keep your dates free from, May 19 - 21,

From our breakthrough event in Jaffna followed by the roaring success of Colombo and Vanni, now Startup Weekend heads to the sunny shores of Negambo, Startup weekend is sure going places. 

ATL promotes a healthy living through ‘NirogeeDiviyakaAsiriya’

Amãna Takaful PLC ( ATL ) the flag bearer of the Takaful way of insurance in Sri Lanka,came forward to extend much needed advice and direction to their trusted clientele and the general public through 

Brandix ranked Sri Lanka’s most valuable export brand for 3rd successive year

Brandix has been ranked Sri Lanka’s most valuable export brand for the third consecutive year in the just-released 2017 Brand Finance rankings of the country’s leading brands.

Abans sofa sets: Ergonomic and non-toxic approach to stylish home

Our homes make up an essential component of our daily lives, providing not only shelter, but a living space where we can spend precious time with family and enjoy relaxing periods of solitude. 

HDFC Bank signs MoU with Central Bank

Housing Development Finance Corporation (HDFC) Bank of Sri Lanka signed a memorandum of understanding (MoU) with the Central Bank of Sri Lanka recently enabling HDFC Bank to contribute to the government’s objective of generating one million jobs through establishing over 25,000 new businesses, with the utilization of resources in villages. 

Mastercard hosts risk management knowledge-sharing session

Mastercard recently hosted 50 senior electronic payment industry representatives at its risk management workshop in Colombo. 

Union Assurance continues to deliver best for customers

Union Assurance has once again declared actual dividend rates that are significantly higher than the guaranteed minimum rates published at the beginning of the year. This is a clear indication of the effectiveness of the Union Assurance policies as well as evidence of its stability. 

Pan Asia Bank celebrates Sinhala and Tamil New Year honouring Lankan tradition

Pan Asia Bank opened its branch network on April 14 to conduct Avurudu ganu denu and share the joy of the Sinhala and Tamil New Year day with its customers.

Best of three scenarios for world trade

International trade is in trouble after the global financial crisis and, with the new Trump administration, the world faces a protectionist onslaught. As a result, there are three ways that international trade can go from here — one considerably ‘more likely’ than the other two.