NTB’s ‘Inner Circle’ relaunched to open doors to a wider customer base

Nations Trust Bank (NTB) recently relaunched the ‘Inner Circle’ product with significant benefits that will be accessible to a wider customer base. 

CDS moves into paperless digital settlements with LankaPay

Central Depository System (CDS), a fully-owned subsidiary of the Colombo Stock Exchange (CSE), recently partnered with LankaPay

Food security: Asia’s critical balancing act

Asia’s food systems are under an unprecedented confluence of pressures. Balancing future food demand and supply in ways that protect the most vulnerable, while also being sustainable, must be a first order policy priority.

BUILDING CONFIDENCE INSIDE TO UNLEASH YOUR TRUE POTENTIAL OUTSIDE

Have you ever tried asking someone about your true potential? Why is it that, more often than not, your mind is conditioned to blind-spot the real picture?

ESET-DCS present next stage of enhanced, seamless data protection with StorageCraft

With a goal of bringing strategically selected companies with specialized know-how in specific IT security concerns together to form a bulwark of seamless protection..

Kingslake concludes Siemens Digital Manufacturing World Tour in Colombo

The Siemens Digital Manufacturing World Tour was successfully concluded in Colombo before a large gathering of engineers and professionals from the manufacturing,

Hutch CEO commends TRC for new flat rate determination

The Telecommunication Regulatory Commission (TRC), the country’s telecom regulatory authority, established a new flat calling rate from February 1, 2016. 

Expert optimistic about maritime sector recovery

The Sri Lankan maritime sector, which is currently depressed due to the global economic downturn, is likely to head towards recovery by end-2016, an expert said.

Korea studying to set up tunnel in Kandy to ease traffic

The Export-Import Bank of Korea (Korea Eximbank) and Sri Lanka’s Road Development Authority (RDA) are to collaborate to construct a tunnel to ease the traffic congestion in Kandy. 

Japan’s SG Holdings ups stake in Expolanka in Rs.2.6 bn deal

The controlling shareholder of Expolanka Holdings PLC, SG Holdings Global Pte Ltd, yesterday upped its holding in the company with the purchase of a 16 percent stake for Rs.2.6 billion. 

Odel December net driven by higher consumer spending

Leading life-style retailer Odel PLC posted a net profit of Rs.153.06 million for the quarter ended December 31, 2015, up from Rs.106.21 million net profit reported for the same period of the previous year. 

Lankan tea sector yet to gain from Iranian banks’ SWIFT link

The local tea industry will have to wait further to reap the benefits originating from Iranian banks reconnecting to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) as Sri Lanka’s monetary watchdog is yet to act on it. 

All set to mark Independence Day

Special Task Force (STF) soldiers with gas masks sit on an armoured vehicle during a rehearsal yesterday for the country’s 68th Independence Day celebrations in Colombo

SLT Introduces SEA-ME-WE 5 Submarine Cable System and First Tier 4 ready Data Center to Sri Lanka

In 2014 SLT proudly announced its partnership with 15 international telecommunication operators representing 17 countries,

happiness.lk unveils new look

Sri Lanka’s leading mother, baby and child care website, www.happiness.lk, recently unveiled a new look with an easy to navigate and fast loading features.

Time to adapt to three inconvenient investment truths

Global markets have had a rather rocky start to the year, to put it mildly. An indicator of global stocks has fallen 19 percent from their record highs in May 2015 amid a broad-based sell-off in risk assets. 

ComBank opens branch at BIA’s Departures Terminal

Commercial Bank of Ceylon has opened a second branch at Bandaranaike International Airport (BIA) Katunayake, to serve the foreign currency needs of passengers using its Departures Terminal.

Renuka crowned ‘Best Coconut Brand’ at Presidential Export Awards

Renuka was recently adjudged the ‘Best Coconut Brand’ and Renuka Agri Foods Plc was awarded the ‘Best Brand Exporter’ and ‘Best Exporter - CoconutSector’ at the Presidential Export Awards Ceremony held recently under the patronage of President Maithripala Sirisena in Colombo. 

Achieving economic independence

Everything is ready to celebrate the national Independence Day ceremoniously. It was because of our forefathers who shed their blood for the sake of motherland that the nation was free of British imperialists who exploited the spirit of people. The nation, since independence, has faced lots of challenges, some of which dragged the country back. However, for a nation, its independence day means not just celebrating the glory but also looking back

Ceylon Chamber’s Investor Forum attracts global interest

The upcoming ‘Sri Lanka Investment & Business Conclave 2016,’ organized by the Ceylon Chamber of Commerce has seen wide interest from investors from across the globe.

Litro Gas recipe competition winners get vouchers

Litro Gas Plc awarded the winners of Christmas Recipes sharing competition recently.  

NDBIB raises record Rs.60bn in 2015

NDB Investment Bank (NDBIB), Sri Lanka’s premier investment bank, raised a mammoth Rs.60 billion in debt and equity capital for its valued clients during the year 2015. 

Hemas Holdings opens CSE trading

Hemas Holdings PLC rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) on Monday. This event was yet another in a series of market opening ceremonies, featuring companies from the S&P SL20 index. 

Pre-feasibility study for SL-India HVDC grid linking project completed: PUCSL

Public Utilities Commission of Sri Lanka (PUCSL), the country’s electricity regulator said the pre-feasibility study for Sri Lanka-India HVDC grid interconnection project had been successfully completed. 

JAC Forklift showroom opens in Kelaniya

Samson Engineers (Pvt) Ltd., recently opened its new showroom for JAC Forklift brand at Dalugama, Kelaniya. 

ETCA: Why so hush-hush?

Sri Lanka’s attempts to deepen ties with other nations have often, if not always, created uproar across diverse groups of society. The latest example is the hue and cry made against the Economic and Technical Cooperation Agreement (ETCA) that is scheduled to be inked with India mid this year.

John Keells/SGIT wins SAP ACE Award for 3rd time

Strategic Group IT (SGIT) of John Keells Holdings Plc, the Group’s IT arm as well as a boutique IT Consultancy and Services Organization, has won the SAP ACE (Award for Customer Excellence) Award for the 3rd time. 

LB Finance opens gold loan centre in Hanwella

Finance giant LB Finance PLC added its newest gold loan centre to its mounting network in Hanwella recently, offering an exciting range of financial products for its community.  

Kelani Cables becomes first Lankan company to introduce LED Clear Bulb for domestic use

Kelani Cables PLC recently introduced to the Sri Lankan market Kelani LED Clear Bulb which is suitable for domestic use. 

Access and Samsung enter into strategic alliance for air conditioning

Access International Projects, a subsidiary of The Access Group, one of Sri Lanka’s fastest growing conglomerates in a diverse range of areas,...