The International Air Transport Association (IATA) reported November 2014 data for global air freight markets showing that demand measured in freight tonne kilometres (FTK) grew 4.2 percent compared to November 2013. Capacity grew by 3.3 percent over

Lanka Rating Agency has upgraded Amana Takaful PLC’s (“ATL” or “the Group”) long and short-term claims-paying ability rating to be from BBB- and P3 to BBB and P3, respectively.The outlook on the long-term rating is

Aitken Spence Hotel Holdings PLC emerged victorious once again walking away with the Gold Award in the Hospitality Sector category at the prestigious of Chartered Accountants Annual Report Awards. 

CIC Holdings recently bid farewell to E.F.G. Amerasinghe who served as a Director on the board of CIC Holdings PLC from 2002 to 2014.  E.F.G. Amerasinghe  resigned from his position as Director effective of 2 January 2015.

Softlogic Retail (Pvt.) Ltd. a pioneering subsidiary of Softlogic Holdings PLC in collaboration with Panasonic India recently introduced Panasonic Toughbook Laptops and Toughpads- the world’s first Windows 8 enterprise-grade Ruggedized Mobile D

One of the country’s leading Insurance providers, Sri Lanka Insurance has once again extended its support t o t he Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) with a lead sponsorship for 2014/2015.

Seylan Bank, ‘The Bank with a heart’, opened its newest branch at No.03, Deal Place, Colombo 3 recently. The fully-fledged branch is now open from 9:00 a.m. to 4:00 p.m. on weekdays to serve all customers in and around the area.

HSBC has launched a New Year resolutions campaign to help customers stay on track of their targets be it selfimprovement, spending time with family, enjoying some retail therapy to keeping in check of one’s health and well-being in 2015.

Pan Asia Bank recently conducted an awareness session for the senior citizens and the families of t he members of t he defence forces in the North Western Province on its flagship product ‘Sammana’ and ‘Ranaviru Harasara’ loan

Security is a topic of paramount importance today – whether for the home or for the office. From organisations to individual home owners, making their premises secure is considered a priority.

Janashakthi Insurance PLC has created a wholly owned subsidiary named Janashakthi General Insurance Ltd. to conduct its non-life insurance business.This is to conform to section 53 of the Regulation of Insurance Industry (Amendment) Act No.03 of 2011

Arpico Finance Company PLC yesterday announced five new appointments to the company’s director board in furtherance of its merger with Associated Motor Finance Company PLC, under Central Bank of Sri Lanka’s (CBSL) plans for consolidation

State-owned National Savings Bank (NSB) yesterday said no individual investors were among the subscribers to its bond issue in 2013 and the proceeds were never deployed below the cost, contrary to certain news items and statements made at various for

History is being made by Industrial Asphalts (Ceylon) PLC by introducing for the first time in Sri Lanka the full range of color to anti-corrosive paints. Upto now anti-corrosive paints were available only in 4 basic colors.

The Lakshman Kadirgamar Institute for International Relations and Strategic Studies (LKIIRSS) released its annual flagship research journal - ‘Kadirgamar Review’- on January 1, 2015.

Ceylinco Healthcare Services Ltd, the pioneer of cutting-edge technology in cancer treatment in Sri Lanka’s private healthcare sector, reached a significant milestone when it completed the treatment of the 100th patient at its TomoTherapy Centr

Sri Lanka’s post-consolidation banking sector will have to focus on areas where they are good at, rather than trying to become ‘everything to everyone’, in order to be competitive and increase margins going forward, a global strateg

Mobitel and Ericsson today announced the signing of a Memorandum of Understanding (MOU) between the two companies, stating that in 2015 they intend to forge a strategic business partnership that aims to significantly contribute to the nation’s

The Commercial Bank of Ceylon has announced it will keep 64 branches open for business on Monday, 5th January, declared a Special Bank holiday on account of the Holy Prophet’s Birthday.

The Arpico retail chain in Sri Lanka has opened six more ‘Daily’ supermarkets between October and December 2014, taking the total number of Arpico retail outlets in Sri Lanka to 60.

?The management and staff of Sampath Bank welcomed the new year with religious ceremonies conducted yesterday morning at the Gangaramaya Temple.The occasion was attended by staff and senior management of Sampath Bank, including Managing Director Arav

National Savings Bank (NSB) commenced the first working day of the new year, 2015 with a ceremonious event held at the head office premises of NSB in Kollupitiya, yesterday, in the morning hours.

The Insurance Board of Sri Lanka has granted licenses to seven new insurance companies, to commence business operations from 1st January 2015.These new companies were established by composite insurance companies to comply with the segregation require

State-run SriLankan Airlines has renewed its registration under the IATA Operational Safety Audit (IOSA) and I ATA Safety Audit for Ground operations (ISAGO) for the years 2015-2016 in conformity with standards introduced by the International Air Tra

?Embracing the spirit of the Christmas season, the findmyfare.com team recently shared a day of fun and festivities with children from the Sri Lankadhara Balika Home. The findmyfare.com team members decorated the home and joined the children for lunc

Get ready for the time of your life!

Virtusa orporation (NASDAQ GS: VRTU) announced it was recognized as one of the top three finalist in the 2014 Monster HR award, presented by Monster.Virtusa was recognized for its innovative use of Monster recruitment technology solutions to help boo

As the first Bank that introduced the Non Resident Foreign Currency ( NRFC) account, the Bank of Ceylon has established an unassailable position in the financial services market.At the time of writing, Bank of Ceylon held a 40 percent share of the In

Standard Chartered is the first international bank in Sri Lankan to connect with LankaPay, the island’s largest common ATM network.The bank’s customers can now enjoy ATM services at over 2,500 ATMs island wide. The LankaPay service allows

Seylan Bank Kalpitiya banking centre was upgraded to a branch and shifted to its new premises at Main Street, Kalpitiya recently, to serve its clientele in and around the area. It was established in 2006 as a mobile banking centre and was up graded t