NCC organises seminar on CSE amendments to listing rules

The National Chamber of Commerce (NCC) in association with the Colombo Stock Exchange (CSE) will hold a seminar on CSE proposed amendments to listing rules on Friday, May 19, 2017, from 9:30 a.m. to 11:30 a.m., at the National Chamber Auditorium, No: 450, D.R. Wijewardene Mawatha, Colombo 10.

Amana Bank to raise Rs.4.7bn to meet core capital requirements

Amana Bank PLC, Sri Lanka’s first non-interest-based Islamic bank, which was in extensive talks with some prospective foreign parties to obtain fresh capital, now appears to have returned to its own shareholders, seeking support to meet the interim minimum core capital target given by the regulator. 

Emirates goes all A380 to Spain, introduces second daily flight to Madrid

Emirates has announced that all of its flights to Spain will be operated by the iconic A380.  In addition to the existing double daily A380 service to Barcelona, the airline will operate a double daily A380 service to Madrid, significantly boosting seat capacity from Dubai to Spain. 

Laugfs LPG terminal in Hambantota on track for commissioning in 2018

One year into the construction of the Laugfs LPG import and export terminal in Hambantota, the first phase with a 30,000 metric tonne (MT) capacity is progressing well on schedule to be commissioned by the first half of the 2018 financial year as planned, a company statement said.  

A family’s success in beating malnutrition could stir Sri Lanka to action

When Karuppiah Sellathurai bought his first cow, it only gave him a few litres of milk every day. But then he ‘multiplied’ his cattle when his cow had a calf. Several years down the line, he has four animals in his shed, milk to meet his family’s needs and more than enough left over  to sell.

Dell EMC appoints Roshan Nugawela as Country Head for Sri Lanka and Maldives

Dell EMC has announced the next level of leadership for Asia Emerging Markets (AEM) and APJ New Business. 

ComBank’s ‘e-Passbook’ wins Gold in Mumbai

One year after it was launched, Commercial Bank’s ground-breaking mobile app ‘e-Passbook’ has won an international award for design, creativity and innovation.

ICTA implements online ePolice clearance certificate system for Sri Lanka Police

An ePolice certificate system was developed by the Information & Communication Technology Agency of Sri Lanka (ICTA) for the Sri Lanka Police for the issuance of Police Clearance Certificates (PCC) online. 

Plantation Industries Ministry clarifies on recent TEA statement

The Plantation Industries Ministry wishes to make the following media release on the recent media release by the Tea Exporters’ Association (TEA). 

Sri Lanka Tourism demonstrates class at ATM

Sri Lanka Tourism, in collaboration with the Sri Lankan Mission in Dubai, participated at the Arabian Travel Market (ATM) which concluded recently on a highly successful note. 

Sri Lanka patronizes to handover Asia Pacific region development report to UN

The report for the development in Asia and the Pacific region is scheduled to be handed over to the United Nation with the patronage of Sri Lanka. 

OPPO to launch another selfie expert F3 with group selfie feature

Global smartphone photography leader OPPO is set to launch another new dual selfie camera smartphone, the OPPO F3, which enables users to snap both great selfie and group selfie shots with ease, thanks to its dual front cameras.

Oman Air partners Condé Nast International Luxury Conference 2017 in Muscat

Oman Air, the national carrier for the Sultanate of Oman, was proud to have been the co-lead partner of the Condé Nast International Luxury Conference 2017. 

MAS Holdings begins manufacturing in United States

The Sri Lankan apparel major, MAS Holdings, which has extensive operations in the South Asian region, has taken a significant step as it sealed its commitment to become the first Sri Lankan apparel group to commence manufacturing in the United States. 

‘MyShop.lk’ among top 3 retail services under e-commerce brands in Sri Lanka

Myshop.lk, one of Sri Lanka’s youngest and fastest growing e-commerce websites, was recently ranked as the 8th best e-commerce brandand one of the top 3 in retail services in Sri Lanka by LMD’s Brands Annual 2017 Edition.

Singapore Airlines, SilkAir offer attractive fares to selected destinations

Singapore Airlines together with SilkAir, the regional wing of Singapore Airlines (SIA), is happy to offer attractive Business Class and Economy Class fares to selected destinations to give more reasons for customers to travel to their preferred destinations.

DFCC Bank inaugurates new branch in Aralaganwila

In keeping with its commitment to ensure financial inclusion and facilitate easy access to its wide array of commercial and developmental banking services, DFCC Bank opened a new branch in Aralaganwila on 27th April. 

Benefits of good governance outweigh costs

When I was in my late 30s, studying economics in the US, I came across ‘Aid, Policies, and Growth’, a journal article published in 2000 in the American Economic Review by Craig Burnside and David Dollar. This seminal paper investigated the growth impact of various economic factors contingent on certain ‘good’ policies.

Takeda Awards call for applications

The Takeda Foundation calls for applications for the Takeda Young Entrepreneurship Award.The Application Period is from April 1 to July 31. The Award targets young entrepreneurs or 

InsureMe.lk partners with Sampath Bank to revolutionize insurance industry

Sri Lanka’s first insurance comparison web platform ‘www.insureme.lk’ has joined hands with Sampath Bank to offer convenience of buying general insurance policies online for the first time in Sri Lanka. 

SLID presents panel discussion on risk management on May 25

‘No risk, no gain’ is a popular slogan. Although board members, senior managers and shareholders know that there are strategic advantages to taking risks in a business environment and that realizing growth requires taking a certain degree of risk, it is essential to strike a balance. 

Grundfos water booster pump enters Lankan market

Grundfos, one of world’s leading water pump manufacturing companies based in Denmark, which has been in Sri Lankan market for more than 20 years, served the industrial sector with many solutions. 

Leo Burnett ranked 3rd at AdFest 2017

Leo Burnett Asia-Pacific recently was ranked the third most awarded agency at ADFEST 2017, which took place in Thailand. Leo Burnett Sri Lanka’s innovative idea “The Merit Bins” created to address 

Suresh de Silva Takes Helm at Eguardian Lanka and DCS International

LIMRA Holdings announced the appointment of ICT industry veteran Suresh de Silva as the Chief Executive Officer (CEO) of its IT cluster companies, Eguardian Lanka Private Limited (Eguardian 

DFCC Bank inaugurates new branch in Aralaganwila

In keeping with its commitment to ensure financial inclusion and facilitate easy access to its wide array of commercial and developmental banking services, DFCC Bank opened a new branch in

AI shows promise as clinical development tool

During a typical day, we use a variety of applications that, by virtue of their artificial intelligence (AI), automatically understand our speech and provide near-real-time feedback to support decision-making. 

Lanka Hospitals launches advanced 3T MRI scanner

Lanka Hospitals PLC announced the launch of the state-of-the-art new 3 Tesla MRI scanner, an advanced technology which can project accurate imaging for a variety of medical specialties.  The all-new 3 Tesla MRI, now available for patients at Lanka Hospitals, gives patients the comfort of shorter scan times, broader tunnel to ease claustrophobia, less noise, high image quality and accurate diagnoses. 

OPPO to Launch another Selfie Expert F3 with Group Selfie Feature

Global smartphone photography leader OPPO is set to launch another new dual selfie camera smartphone, the OPPO F3, which enables users to snap both great selfie and group selfie shots with 

Sunshine Healthcare opens new Thimbirigasyaya Healthguard outlet

Further promoting the concept of ‘Pharmacy Wellness and Beauty’ in Sri Lanka, Healthguard opened its newest full-service store for the public in Thimbirigasyaya recently.

Kalubovila Acupuncture Clinic unveils website

Kalubovila Acupuncture Clinic, owned by Dr. Prasad Deshapriya, launched its website at a grand event held at Hotel Berjaya recently.  The history of acupuncture, services and opening hours of Kalubovila Acupuncture Clinic are mentioned on this website.