SDB Galle branch shifted to new location

Sanasa Development Bank PLC Galle branch relocated to its new premises on 2nd October, 2017. SDB Galle branch was shifted to No.15, Wackwella Road, Galle with the objective of providing more convenient and efficient service to its customers with more sophisticated facilities.

Ford brings innovative agriculture to North, East

Ford Motor Company and its local distribution partner, Future Automobiles (Pvt) Limited, in collaboration with Japan Emergency NGO (JEN) has completed three innovative agricultural projects which directly benefits over 50 families in  Kilinochchi and Mullaitivu districts. 

Rate hike likely if private credit continues to grow

Hot on the heels of the International Monetary Fund (IMF) asking Sri Lanka to stand ready to tighten the monetary policy further, the Central Bank last week said they would not hesitate to do so if the private sector credit reaches an unsustainable level.

Mastercard arms issuers with predictive tool to combat account related fraud from data breaches

With speed being a critical factor in fighting fraud, Mastercard announced the launch of Early Detection System.

MHDL kicks-off ‘Heights Colombo 05’ high-rise project

Millennium Housing Developers PLC (MHDL), Sri Lanka’s leading township developer recently announced the commencement of its latest high-rise residential development project ‘Heights Colombo 05’.

Galle Investor Forum attracts large crowd

The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) embarked on a series of Investor Forums titled “kotas welenda pola: nagarayen nagarayate” throughout the country.

Huawei as No.70 on Interbrand’s Best Global Brands 2017 rankings

Huawei rises to No.70 on the Best Global Brands 2017 rankings of Interbrand, a global brand consultancy who has lately released its brand ranking report for this year.

MAS Holdings teams up with JAT Holdings for chemical leasing deal

Best known for being the world’s first to introduce the chemical leasing model for waste water treatment in 2015, MAS Active Linea Intimo has signed on with JAT Holdings for a first of its kind chemical leasing deal that will see JAT teams providing a paint service instead of simply selling a product. 

HSBC supports relief efforts for communities in need

Communities across Sri Lanka have been battling bad weather and an unprecedented increase in the spreading of dengue this year. 

ITC One Colombo One on fast track

A large pour of concrete of quantum 5500 cubic meter is done for the hotel tower raft at ITC One Colombo One project located adjacent to the Taj Samudra hotel, Colombo-01 starting on 29th September. 

Of NGOs, civil society and investors at large

Environmentalists, non-governmental organisations (NGOs), civil society and the media at large are an important part of a sustainable development process. Every country needs them and needs them to be operating freely, without hindrance or undue 

Sri Lankan Silicon Valley tech firm Auxenta looks to expand global footprint

Having its roots in Sri Lanka, the fast-growing boutique technology solutions firm Auxenta is currently poised for dramatic expansion to the APAC region having bagged new clients in APAC countries 

Mastercard Arms Issuers with Predictive Tool to Combat Account Related Fraud from Data Breaches

With speed being a critical factor in fighting fraud, Mastercard announced the launch of Early Detection System. This new service provides issuers with a unique advanced alert for cards and   

Over 3000 Kids gather at TF0 Kids Carnival"

The Factory Outlet organized the TFO Kids Carnival to commemorate the World Children's Day on the 24th of September 2017 at the TFO K - Zone, Ja Ela. The TFO Kids Carnival probably was the largest 

Fashion Bug heralds RBN and Shakalaka for the sporty and young

Sri Lanka’s leading fashion destinations, Fashion Bug launched twodivers fashion ranges, RBN and Shakalaka at their latest outlet in Wellawatte. The two collections with their own character 

The Kingsbury Nurtures Breast Cancer Awareness Campaign 2017

Building on the successful campaign held in October 2016, The Kingsbury will embark on another breast cancer awareness campaign under The Kingsbury Nurtures – the CSR arm of The Kingsbury

Embark opens standalone store inK-Zone, Ja-Ela

The pooch-inspired fashion brand opened its 10th store at K-Zone, Ja-Ela on the 29th of September.Embark portrays the rising trend of brands which are 

Emirates wins Best Entertainment award at 2017 APEX Passenger Choice Awards

Emirates clinched the Passenger Choice award for Best Entertainment at the 2017 APEX Passenger Choice Awards held in Long Beach, California, USA this week. Emirates’ president, Sir Tim Clark, was honoured with the CEO Lifetime Achievement Award.

Leading global relocations player Santa Fe collaborates with EFL relocations

Pioneering freight and logistics provider EFL (Expolanka Freight) has officially partnered with global family moving giant Santa Fe  Relocation Services.

Tony Douglas appointed Chief Executive Officer of Etihad Aviation Group

The Chairman of Etihad Aviation Group, Mohamed Mubarak Fadhel Al Mazrouei, today confirmed the appointment of Tony Douglas as Group Chief Executive Officer, who will join the company in January 2018.

SIA and Lufthansa Group collaborate to launch on 1st October

Singapore Airlines (SIA) and Lufthansa Group have confirmed the 1st of October as the launch date for their joint venture co-operation covering flights between Singapore, Australia and Germany, Switzerland, Austria and Belgium.

Walkers Colombo Shipyard launches second vessel Seagulf 2

Walkers Colombo Shipyard (Pvt.) Ltd, a subsidiary of MTD Walkers PLC, has successfully completed the construction of its second vessel, a 10 tonne bollard pull  tug ‘Seagulf 2’.

Port City Colombo sponsors islandwide beach clean up

Port City Colombo was the chief sponsor of an island wide beach clean-up organised by the Marine Environmental Protection Authority (MEPA), to commemorate the National Coastal and Marine Resources Conservation Week.

Hemas unveils ‘Upahara’ healthcare product for govt. employees

Leading private healthcare provider, Hemas Hospitals and laboratory chain launched their unique ‘Upahara’ scheme that offers a host of benefits including free OPD consultations plus a host of other medical treatments and investigations at vastly discounted rates, to government employees and their dependents.

Aitken Spence Travels nurture tourism best practices with communities

Aitken Spence Travels partnered with the staff of Turyaa Kalutara and the local community an environmental and professional empowerment programme recently to conduct an educational workshop to local community members whose livelihoods depended on tourism.

Coca-Cola partners Habitat for Humanity Sri Lanka for ‘Corporate Team Build’

The staff of Coca-Cola Beverages Sri Lanka Ltd joined hands with Habitat for Humanity Sri Lanka recently in Kalutara, for a unique volunteer experience through Habitat’s ‘Corporate Team Build’. 

Sampath Bank Green Inventor workshop to help young inventors go green

Sampath Bank, one of the nation’s most innovative banks, in their continuing bid to secure a sustainable future recently held a workshop for the ‘Sampath Green Inventor’ competition finalists at the Buddhist Cultural Centre.

Tokyo Cement, MEPA attract volunteers for Trinco beaches cleanup

Tokyo Cement together with the Marine Environment Protection Authority (MEPA) Trincomalee District office, recently concluded a highly successful beach cleanup programme in Trincomalee.

Richard Pieris Finance achieves 80% PAT growth

Richard Pieris Finance has achieved a tremendous improvement in profit within just four years, with a profit after tax (PAT) of Rs.388 million, which is higher than the expected. It’s a huge escalation compared to last year, with an 80 percent growth of PAT. 

Dr. Rohan Karunaratne appointed as Arpico Finance Chairman

Veteran professional and entrepreneur, Dr. Rohan Karunaratne, has been appointed as the new Chairman of Arpico Finance Company PLC (AFCP).