Unilever Offers Hands-On Learning Experiences to Moratuwa Engineering Undergraduates

Unilever Sri Lanka, the nation’s number one employer of choice, recently marked the completion of its inaugural LEaD (Learn, Explore, Develop) training programat their head office. The event saw 18 

Avirate - High Summer Collection launch

Aviraté, an international lifestyle fashion brand owned by Timex Garments (Pvt) Ltd, recently unveiled its highly anticipated High Summer Transitional 2017 Collection, “Parisian Chic”at a Sneak Peek 

Sri Lanka’s bank credit against GDP among lowest in Asia Pacific: Fitch

Despite the record high banking sector credit granted in recent years, Sri Lanka’s private sector credit still stands amongst the lowest in comparison to the size of the economies in the Asia Pacific region, the data compiled by Fitch Ratings Lanka showed.  

Rupee ends weaker; spot trading resumes after 6 weeks

REUTERS: The Sri Lankan rupee ended weaker yesterday as dollar demand from importers weighed on the spot currency when it resumed trading after six weeks, dealers said.

Silicon Valley giants outrank many nations, says first ‘techplomat’

REUTERS: The top firms in California’s Silicon Valley carry more weight on the global stage than many countries, which makes building diplomatic relations with them increasingly important, the world’s first national technology ambassador said.

FinMin stresses need for climate-resilient infrastructure at AIIB conference

Sri Lanka’s newly appointed Finance Minister Mangala Samaraweera has emphasized the need for disaster-resilient infrastructure in the face of climate-related calamities, such as the deluge Sri Lanka experienced a couple of weeks ago.

Amãna Bank set to increase capital to Rs.10bn via rights issue

Amãna Bank has received an approval in principle from the Colombo Stock Exchange (CSE) for listing of additional shares to be issued through its proposed rights issue.  Upon securing the shareholder approval at the forthcoming extraordinary general meeting (EGM) on July 4, 2017, the bank plans to issue 1,250,695,267 new shares at Rs.3.80 per share in a ratio of one new ordinary share for every one ordinary share held. 

Selling assets to settle loans – negative signals?

Despite its natural and human resources, Sri Lanka has been unable to move forward without borrowing from foreign institutes and countries, which have their own terms and conditions, further impoverishing the beneficiary countries. Every government that comes into power and plans to remain in power,

SriLankan Airlines assists in disaster relief efforts

The staff members of SriLankan Airlines and SriLankan Catering joined the relief efforts carried outduring the recent floods that affected several areas of the country. 

Financial industry vie for recognition at LankaPay Technnovation Awards today

In a quest to drive financial inclusivity in the country by fueling the use of electronic transactions, Sri Lanka’s first and the only Payment Technology Innovation Awards – LankaPay Technnovation Awards 2017 gets underway tonight at Kingsbury Hotel Colombo under the distinguished patronage of Dr. Indrajit Coomaraswamy, Governor of the Central Bank of Sri Lanka, as the Chief Guest. 

Economic Summit to discuss competitiveness building of Lankan manufacturers

The upcoming ‘Sri Lanka Economic Summit 2017’ organized by the Ceylon Chamber of Commerce will conduct a dedicated thematic session to discuss, how important it is for the Lankan manufacturing sector to become competitive to attract global markets.

BMICH awarded prestigious Green Certification

Re-asserting its longstanding commitment to the environment, the S.W.R.D. Bandaranaike National Memorial Foundation (BMICH) was recently recognised with the prestigious ISO 14064-1:2006 pollution control certification, awarded by the Sri Lanka Climate Fund. 

CSE helps Matara

The Colombo Stock Exchange (CSE) recently helped a group of residents in Matara who were affected by floods. 

Workshop on export procedures  under new GSP Plus concession

A one-day workshop on export procedures and documentation  with special attention on enhanced market access under the new GSP plus concession, will be held on June 30  from 9.00  a.m to 4.30 p.m  at the chamber auditorium, Colombo - 10.

Bank of Ceylon offers Rs. 30 mn worth Ran Kekulu grade 5 scholarships this year

The Bank of Ceylon invites parents of students who expect to sit for 2017 grade 5 scholarship examination to prepare their children to become eligible for 2000 scholarships worth Rs.15,000 each through the bank’s  Ran Kekulu scholarship scheme. 

Lamudi’s third Real Estate Expo ends on high note

The third Lamudi Real Estate Expo that took place onthe North Lawn of Taj Samudra on the 17 and 18 June turned out to be a roaring success. 

MyDoctor.lk launches mobile app for doctors for first time in Sri Lanka

MyDoctor.lk, a leading digital healthcare solutions provider who revolutionized medical diagnosis and treatment in Sri Lanka with latest technological advancements, has launched yet another unique mobile app for the doctors for the 1st time in Sri Lanka. 

Pan Asia Bank online introduces top-up eZ Cash accounts

Sri Lanka’s pioneering and largest mobile money network, eZ Cash, is partnering with Pan Asia Bank to top-up eZ Cash accounts via Pan Asia Bank internet banking anytime, anywhere from a smartphone, laptop or tab.

CAN–SUR–VIVE Trust conducts 6th support group forum

CAN–SUR–VIVE Trust conducted the 6th support group forum on the 4th June at Lanka Hospitals for survivors in a format of interactive discussion, workshop with training programmes and integrated motivational discussion. 

Sampath Bank revolutionizes payments landscape with ‘PayApp’

Continuing to bring innovative banking solutions to the Sri Lankan market for over 30 years, Sampath Bank announced the launch of a revolutionary digital payment platform, the Sampath PayApp, recently.

Live healthy life with Fadna bitter gourd tea

Fadna, a brand which promotes benefits of herbal tea which gives tons of health benefits, introduced their newest product, the Fadna Bitter Gourd Tea to the Lankan market.

JKH unit trims exposure in Union Assurance over free float

Whittall Boustead Limited, a subsidiary of John Keells Holdings PLC (JKH), yesterday divested 65,001 shares of Union Assurance PLC to allow the insurer to work towards complying with the continuous minimum public holding rules of the Securities and Exchange Commission.

Sampath Bank Pahe Shishyathwa continues to empower students

Over 1,800 students and 1,600 parents took part in the workshops of the Sampath Bank ‘Pahe Shishyathwa’ seminar series held recently at Kirindiwela Central College, Kirindiwela and Malwattawala Central College, Wellawaya.

Nawinna Medicare Hospital opens new dialysis unit

Nawinna Medicare Private Hospital recently unveiled a dialysis unit. 

ComBank named ‘Best Bank’ for 7th time by FinanceAsia

The Commercial Bank of Ceylon PLC has been adjudged the ‘Best Bank in Sri Lanka’ by FinanceAsia at the magazine’s annual Country Banking Achievement Awards for domestic banks.

CEB’s long-term generation plan biased against LNG: experts

Unrealistic and outdated statistics used in the Ceylon Electricity Board (CEB) Least Cost Long-Term Generation Expansion Plan 2018-2037 (LCLTGEP) are discouraging the more environmentally friendly liquid natural gas (LNG)-based electricity generation, energy sector experts charge. 

Pan Asia Bank extends support to airman Yaparathna’s family

Pan Asia Bank, in recognition of the heroic efforts made by Sri Lanka Air Force (SLAF) airman Y.M.S Yaparathna during recent floods, handed over a financial donation to his family.

Eyes and ears of key issues in construction

Solutions to flooding and water shortage: Both are very important and urgent matters and action should be taken immediately to prevent a future crisis. 

Blue Mountain Achilleion among top 3 apartments in Asia Pacific

Sri Lanka took pride of place at the Asia Pacific Property Awards 2016-2017, held recently in Thailand, as its leading real estate major, The Blue Mountain Group’s most iconic real estate development to-date, ‘Achilleion’, was recently recognized as one of the top three apartments in the Asia-Pacific region.  

UK doctors cycle for heart disease patients

750km, 9 days, come rain, come shine, five representatives of British Cardiac Society and four riders of the Colombo team will cycle the entire length of Sri Lanka for a cause: providing all children and adults with heart disease with equal chance at recovery.