LOLC Advanced Technologies has collaborated with the Sri Lanka Institute of Nanotechnology (SLINTEC) through Ceylon Nano Diagnostics Pvt Ltd. (CNDL) to introduce the loop-mediated isothermal amplification (LAMP) method for the first time in Sri Lanka

The Commercial Bank of Ceylon has been adjudged the Asian Development Bank’s (ADB’s) ‘Leading Partner Bank in Sri Lanka’ at the 2021 edition of its Trade and Supply Chain Finance Programme (TSCFP) Awards that recognise banks that support trad

Further consolidating its achievements from the previous year of navigating the pandemic prudently while delivering a stellar year-end performance, Commercial Leasing & Finance PLC (CLC) posted strong results for 1H 2021/22.

Delivering on its promise to provide added benefits, Ceylinco VIP On The Spot has paid a whopping Rs. 437 million for serious illnesses of its motor policy holders.

Union Bank recently concluded a major upgrade to its primary and disaster recovery data centres.

Union Assurance Premier Club, the largest and most attractive rewards scheme in the Sri Lankan insurance industry, recognised top achievers at a glittering event on the 07th of November, 2021, at Shangri-La Colombo. The platform is designed to recogn

The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has initiated preliminary engagement with SpaceX in exploring the introduction of Starlink Internet Services in Sri Lanka.

Reinforcing customer-centricity in providing excellent services, SLT-Mobitel Mobile has become the first in Asia to receive the international ISO 18295-1:2017 quality standard for its Customer Contact Centre (CCC) operations recently. Additionally, S

Airtel Lanka, a subsidiary of Bharti Airtel Limited, recently revealed its plans to strategically expand its new 4G network across the island.

In yet another progressive step bringing about a giant leap within the Sri Lankan education domain and marking a first in the country, Dialog Enterprise introduced Convergence Tech Identity (CTI), a revolutionary digital education credentials service

Shrugging off concerns raised by certain parties in recent times over the country’s ability to meet its foreign currency debt obligations falling due next year, the Central Bank Governor Ajith Nivard Cabraal said the provisions had already been mad

Controlling foreign shareholders of Lanka Realty Investments PLC formerly known as Ascot Holdings (LRI) reduced their ownership stake in the company last Thursday by nearly 15 percent with net foreign sales estimated at Rs.794 million.

Earnings from Sri Lankan migrant workers fell by more than a half in October from the same month last year extending the declining streak to the fifth consecutive month as the Central Bank is plotting plans to get tough on the informal money exchange

The Central Bank last week said it found no backlash against the recent rule which required exporters to convert remaining proceeds after meeting their multiple requirements in foreign currency, as reported by certain media sparking some uproar and a

Sri Lanka’s industrial production, which measures the manufacturing heft across all its key industrial sectors, fell in September from both August and a year ago levels as the country went into lockdowns again inhibiting the broad based growth hith

The proposed disposal of Unilever’s global tea business including Lipton brand to CVC Capital Partners is unlikely to impact Sri Lanka’s tea industry in the short-term, but it may pose challenges and opportunities for the industry in the long run

Although the government continues to place high hopes in the local tourism industry to fetch the much-needed foreign exchange earnings to assist the country’s journey towards revival,

The Sri Lanka Association of Inbound Tour Operators (SLAITO) and Tourist Hotel Association of Sri Lanka (THASL) in a statement yesterday highlighted the importance of maintaining the current health protocols for the industry to recover in light of th

Once again the Chamber of Construction Industry of Sri Lanka has arranged a webinar on a topic of absolute relevance for those who are interested in the ebb and flow of this vital industry.

President Gotabaya Rajapaksa said that in the future too many unpopular decisions will have to be taken to overcome the global economic challenges and to keep the country on the path to prosperity.

Sri Lanka Convention Bureau (SLCB) recently organaised its first ever virtual familiarization tour of the newest and unique MICE (Meetings, Incentive travel, Conferences, Exhibitions) venues located in the areas from Colombo up to Beruwala and Colomb

With cigarette prices increased by Rs.5.00, the government has taken a progressive step towards enhancing revenue sustainability and improving public health.

Carlo Charles Ponzi was an Italian immigrant whose stay in the United States is memorialised in relation to his swindling of US $ 20 million from investors in the 1920s. The amount would be equivalent to cool US $ 258 million in today’s terms and s

The upcoming Sri Lanka Economic Summit 2021, the foremost and most anticipated economic event of Sri Lanka, will host a line-up of contemporary dialogues under this year’s theme ‘Springboard for revival: Opportunity to reset’.

Citizens Development Business Finance PLC (CDB) has launched CDB Advance Roof Solar, its newest product in the green financing segment, as a sustainable financing and investment solution.

Commercial Bank of Ceylon has partnered with PayHere, Sri Lanka’s largest aggregated internet payment gateway service, to offer users of its Q+ Payment app a unique, user-friendly and secure ecommerce experience.

Underpinning the power of remittances to drive development and in support of the Central Bank of Sri Lanka’s (CBSL) efforts to optimise inward remittances to Sri Lanka, leading private sector bank HNB PLC recognised and rewarded its top-achieving c

Richard Pieris Finance Ltd, a fully-owned subsidiary of the renowned Richard Pieris Group and the sole financing arm under the renowned Arpico brand, recently revealed its plans to drive its network expansion in line with its digital journey.

The season of joy comes early for Nations Trust Bank (NTB) American Express cardmembers, with the Rekindle Happiness with New Experiences campaign.

NDB Bank was once again honoured at Best Corporate Citizen Sustainability Award 2020, with the Top Ten Corporate Citizen award for the seventh consecutive year, at the annual event organised by the Ceylon Chamber of Commerce.