Sadaharitha Plantations encourages children to grow forests on Children’s Day

Children’s Day was celebrated at the beginning of October across the world in various ways but perhaps the best way a parent or a grandparent can mark the day in a meaningful manner is to give a child a gift that grows and safeguards the environment as well.

Capital Maharaja reaps benefits of implementing SAP in tea industry

After implementing SAP, the world’s premier Enterprise Resource Planning (ERP) tool, across its group of companies in 2012, the Capital Maharaja Organisation Ltd recently became the first to implement SAP within the tea industry.

‘Lankapak 2017’ packaging exhibition kicks off

Lankapak 2017, Sri Lanka’s only dedicated packaging exhibition, organised by the Sri Lanka Institute of Packaging, set to be a three-day event, was launched yesterday at the BMICH, with the exhibitors launching new products and services to the packaging industry.

Twitter says it could turn first-ever profit, shares surge

REUTERS: Twitter Inc. said on Thursday it may become profitable for the first time next quarter after slashing expenses over the past year and ramping up deals to sell its data to other companies, which could help to break its reliance on advertising for revenue. 

Misconception on functionalities of WTO trade remedies could tax private sector: Commerce Dept.

The Commerce Department this week pointed out that revolving around the World Trade Organisation (WTO) trade remedies are a number of misconceptions that could tax the private sector greatly, if it fails to understand the tools.

Sri Lanka aims to expand presence in Qatar

  Sri Lanka is aiming to expand its presence in Qatar, Industry and Commerce Minister Rishad Bathiudeen said.

Shares end lower; retreat from near 3-mth high

REUTERS: Sri Lankan shares fell in thin trade yesterday, as the market took a breather after hitting a near three-month high in the previous session, with foreign investors net selling equities ahead of the national budget.

Rupee gains on remittances, exporter dollar sales

REUTERS: The Sri Lankan rupee closed higher yesterday as late exporter dollar conversions and remittances surpassed demand from importers for the greenback, dealers said.

Average Lankan estate resident debt-ridden, possibly malnourished in 2016: survey

Sri Lanka’s estate sector residents on average were in debt last year and possibly malnourished, spending more than they were earning mostly on non-food expenditure, according to the Household Income and Expenditure Survey (HIES) 2016 of the Census and Statistics Department.

Oil markets tighten; Brent approaches US $ 60 per barrel

Oil prices held steady yesterday, with Brent crude hovering near US $ 60 a barrel, buoyed by comments from Saudi Arabia’s Crown Prince backing the extension of OPEC-led output cuts. International benchmark Brent crude futures LCOc1 were up 3 cents, or 0.05 percent, at US $ 59.33 a barrel at 0648 GMT.

Crysbro sponsors Sri Lanka Housewives’ Association 59th AGM

The Crysbro Group well-known for quality, freshness and innovation in breeding and processing of chicken in Sri Lanka for over four decades  will take the initiative of sponsoring Sri Lanka Housewives’ Association in the landmark year 2018 where the association will be celebrating its Diamond Jubilee. Crysbro, the number one choice of Lankan housewives also was the main sponsor of the 59th AGM of Sri Lanka Housewives’ Association

Mobitel Cash Bonanza Montero Extravaganza winner drives away with brand-new Montero

Mobitel’s Cash Bonanza Montero Extravaganza programme continues to reach unprecedented heights in September, witnessing a growing number of customers participate as a result of the exciting prizes on offer.

Pooja Umashankar surprise visits Airtel retailers in Sri Lanka

During the month of October, Pooja Umashankar paid a series of surprise visits to Airtel retailers in Colombo, Gampaha, Kandy and across the East coast.

Sera’s Advanced Technology Offers Goodness of Freshly Squeezed Coconut

Since its launch late last year by CBL Global Foods, ‘Sera Real Coconut Milk’ has rapidly expanded its market share to become a household brand across Sri Lanka. CBL Global Foods is backed 

Dialog Launches IoT based home automation solution ‘Connected Home’

Dialog Axiata PLC recently announced the launch of ‘Connected Home’, a futuristic home automation solution which is to be one of the many revolutionary solutions introduced under Dialog Smartlife - the latest innovation in digital lifestyle and Internet of Things (IoT) platform of Dialog.

Finco Technologies bags ‘Best Master Commercial Reseller’ award, sixth consecutive year

Finco Technologies was the proud winner of the ‘Best Master Commercial Reseller’ in the Asia Pacific Region for the sixth consecutive year at the NEC Regional Partner  Conference in 2017 (H1).

EWIS launches specialized tablet computers for sea trawlers

E-W Information Systems Limited (EWIS), a pioneer within Sri Lanka’s ICT industry has launched the new EWIS T800RG, Sri Lanka’s very first rugged device, specially manufactured for rugged use such as the requirement of the fisheries industry in Sri Lanka.

Cemex appoints Imran Vilcassim to director board

Cemex Software, an innovative HRM cloud solutions provider, announced that Imran Vilcassim has joined their board of directors effective from October.

Etisalat launches ‘One Etisalat’ self-care app

The smartphone is now replacing the desktop and laptop, and everyday more and more phone users are resorting to use mobile apps to pay bills, monitor internet usage and access plenty of other mobile based services and products.

IFS named a leader in ‘Gartner 2017 Magic Quadrant’

IFS, the global enterprise applications company, is named a leader in the 2017 Gartner Magic Quadrant for Field Service Management.

Economic cost of strikes and street protests

Nowadays, wherever we look at, we see strikes and agitations that disrupt people’s day-to-day activities causing a considerable economic cost, which is in my opinion, not widely discussed. It is accepted all over the world that every citizen in a democratic setting is entitled to the right to express his or her objection very legitimately and peacefully, in order that the best can be implemented for the betterment of all. Even if those badl

How can digital finance better serve Asia’s poor?

Of the over two billion unbanked adults in the world, about half live in developing Asia, where typically women and self-employed are excluded from the financial system.

HNB-Ideal Motors to promote Mahindra vehicles

Sri Lanka’s most innovative bank, HNB PLC, announced the partnership with Ideal Motors (Pvt.) Ltd to continue its promotion of Mahindra vehicles in Sri Lanka. 

Mastercard and Bank of Maldives with Immigration introduce Passport Card

Maldives President Abdulla Yameen introduced the Mastercard Passport Card to the cabinet ministers at his office recently.

Multi Finance to launch talent search and leadership development training programme

Multi Finance PLC (MFP), one of the country’s earliest established financial institutions, is ushering in a new era of digitized financial services, following its acquisition by the real estate development giant, Fairway Holdings. 

Goyo to help Sampath credit cardholders achieve fitness goals

Goyo, Sri Lanka’s trendiest fitness app and wearable, inspiring Sri Lankans towards realistic fitness goals, now offers all Sampath credit cardholders amazing discounts. 

Visa Country Manager completes week-long cashless journey across Sri Lanka

Last month, Visa Country Manager for Sri Lanka Anthony Watson travelled 1,168 kilometres around the country on a three-wheeler in the pursuit of going cashless and raising funds for charity as part of the 2017 Pimp My Tuk Tuk challenge.

Fitch rates BOC’s Basel III sub-debt up to Rs.8bn ‘AA(lka)(EXP)’

Fitch Ratings has assigned Bank of Ceylon’s (BOC,AA+(lka)/Stable) proposed Sri Lanka rupee-denominated Basel III-compliant subordinated unsecured debentures an expected national long-term rating of ‘AA(lka)(EXP)’. The debentures, totalling up to Rs.8 billion, are to have maturities of five and eight years and carry fixed- and floating-rate coupons. The bank plans to use the proceeds to support its loan book expansion and to stre

Emirates offers extra baggage allowance for travellers to Australia

Travellers from Colombo to Melbourne are eligible for an extra baggage allowance of 10kgs on outbound travel till end November 2017 courtesy of Emirates, a global connector of people, places and aspirations.

Vista Rooms partners with handy to empower hotels with free smartphones

Vista Rooms, South Asia’s largest chain of affordable stays, has partnered with handy to provide its network of hotels with free smartphones, allowing guests to enjoy unlimited international calls and data and access to local guides whereas hoteliers have an opportunity to up, sell their services.  The partnership will give Vista’s partner hotels a competitive advantage and provide their customers with greater convenience and com