National Development Bank PLC (NDB) said a resolution was passed by its board of directors to raise Rs.7.5 billion by way of a debenture issue, subject to regulatory approvals.

Huawei’s large screen flagship smartphone, Mate7, was presented with t he “Smartphone Best New Arrival” award at the Eleventh Hurun Best of the Best Awards ceremony in Shanghai.

Intel Corporation has signed a definitive agreement to acquire Lantiq, a leading supplier of broadband access and home networking technologies.The transaction is subject to customary closing conditions and regulatory approvals.Smart gateways and inte

Sri Lankan software company Creative Solutions recently announced it is extending its collaboration with software company NetClean, to fight and put a stop to child sexual abuse material spreading on the Internet.

A28-member business delegation from China organised by the Beijing Lansing Century Exhibition Company in association with State-owned Assets Supervision and Administration Commission of Tianjin Municipal People’s Government (TJ-SASAC), Tianjin

A lucky Odel shopper will soon be jetting off to Paris, France with a companion to consummate his good fortune, winning the grand prize in the ‘Odel Objects of Affection’ promotion with which the iconic department store celebrated Valenti

Multilac, the innovator and Sri Lanka’s largest paint exporter, will introduce its product innovations to the customers at Members Work and Trade Exhibition of Architect 2015, organised by the Sri Lanka Institute of Architects (SLIA), which wil

Human beings can be turned into human capital, which is considered the most valuable capital among other types of capitals such as physical capital and financial capital which business entities possess.

The leading lingerie trend setter in Sri Lanka, Triumph International, appreciated the perseverance and dedication of its top performers by recognising and rewarding t heir efforts at the annual sales conference held at Galadari Hotel recently.

The prestigious International Hotel Awards organization honoured Amaya Resorts & Spas with two 5 star category awards at the awards ceremony held at The London Marriott Hotel, Grosvenor Square, London recently.

A year ago, the two kilometer swim to the island reef, directly south from the base of the horse-shoe shaped bay, was through deep water.I swim every day, weather permitting. The azure blue water of the Indian Ocean, sometimes cloudy from the churn o

Top professional and corporate leader Hemaka Amarasuriya has been appointed as the Chairman of statecontrolled Sri Lanka Insurance Corporation with effect from February 13.

The Independent Association of Depositors of F&G Real Estate Company Ltd (F&G RECL) and Property Developers (Pvt.) Ltd (PD), both subsidiaries of the Ceylinco group, accused t he group’s past Chairman Lalith Kotelawala of attempting to

Finance Stalwart LB Finance PLC shifted its Hatton Branch to No. 52, Danbar Street, Hatton on 27th of January 2015 for the convenience of customers in the area.

HSBC Colombo Fashion Week (CFW) hosted by Hilton Colombo nurtures aspiring designers by offering them a unique platform through BrightSpark Shows to showcase their talent during the most coveted fashion event of the year. This year, ten BrightSpark d

Amãna Takaful (ATL) Life, the flag bearer of the Takaful way of insurance in Sri Lanka recently presented its annual plan to its team members, under the 2015 theme ‘Beyond a Billion – Think. Act. Achieve.’  At the event,

Time and time again, 99X Technology has been recognised and rewarded for its unwavering commitment towards creating a great place to work for its foremost asset – its people, and the company shone once again at the Great Place To Work Asia awar

Brand ‘deedat’ was all out to ‘Ride with Style’ as NOLIMIT’s leading men’s casual wear brand kick started its annual mega promotion in style at NOLIMITImage, Wellawatta recently to reward and recognise their loyal

At the recently concluded Young Lotus contest organized by the 4A’s of Sri Lanka, Grant McCann Erickson’s Tara Weerasinghe & Sahil Gunesekere came out on top earning the honours of representing Sri Lanka at Adfest, Pattaya Thailand.

A preview of an exciting new product range soon to be introduced to the local market, will be part of the offering to visitors to the Asian Paints stall at Architect 2015, the annual exhibition of the Sri Lanka Institute of Architects.

Consulting and IT outsourcing company, Virtusa Corporation reported consolidated financial results for the third quarter fiscal year 2015, ended December 31, 2014.

Aitken Spence Information Technology division attained the International Organization for Standardization certification (ISO 27001: 2005), earning the prestigious accreditation after nearly a year of independent, external assessments.

At the recently concluded Daimler South East Asia - Service Excellence Awards 2014, DIMO accomplished the No. 1 position in the entire South East Asia region for ‘Service Excellence’ in after sales.

The collective of individual hybrid importers are still campaigning for further relief for 350 of their peers, as Finance Minister Ravi Karunanayake has placed February 28 as the deadline for clearing cars from port for those who had opened letters o

While increase in core-banking, non-fund based incomes and the better management of operating costs contributed to the better performance, the biggest boost for the profits came from the significantly lower impairments charged against the individual

Sri Lanka’s largest online travel company, findmyfare.com recently hosted the first-ever ‘Valentine’s Boot Camp’ for couples at the AVANI Kalutara Resort. The exciting and engaging event brought together 10 couples who battled

On the southern coast of Sri Lanka, local villagers often fish on stilts by the shore, or to move from one treetop to another while balancing on tight ropes to extract sap that’s made into palm wine, more locally known as toddy. Both traditions

Cerebral Palsy Lanka Foundation (CPLF) the first organization for children with cerebral palsy in Sri Lanka will be hosting a series of special wheelchair donation camps for children affected by the disorder.  The free camps will take place ever

Lawyer Natasha Balendra was today appointed as the Chairperson of the National Child Protection Authority (NCPA), by Rosy Senanayake, the State Minister of Child Affairs.  As Balendra assumed office, she vowed to uphold her post devoid of any ex

Leo Burnett Solutions in Sri Lanka never fails to impress! The agency has over the past several years been a regular visitor to award stages - and they have achieved this via some very interesting work.