BEA Partners with LOLC to Acquire Shares in Cambodia’s PRASAC Microfinance
LOLC International Private Limited (a wholly-owned subsidiary of Lanka ORIX Leasing Company Plc (“LOLC”)) and The Bank of East Asia, Limited (“BEA”) announced Friday that they have acquired a majority...
View ArticleDFCC extends Vardhana Virtual Wallet to all smartphone users in the country
Encouraged by the fast-paced adoption of the Vardhana Virtual Wallet by customers, DFCC Bank now invites both DFCC and non-DFCC customers who own a smartphone to use the Wallet, enabling them to enjoy...
View ArticleSignificant Real Estate Opportunities in Tier II Cities
Since the civil war ended over seven years ago, Sri Lanka has rapidly become a hotspot for investment among emerging markets. The booming property market in the island has become popular with those...
View ArticleOman Air Launches New Route to Nairobi
Oman Air, the national carrier of the sultanate of Oman, is delighted to announce the launch of its new four times weekly flight from Muscat to the Kenyan capital of Nairobi, starting March 27 2017;...
View ArticleHow to earn lucratively through ‘Online freelancing’
By now, earning through internet sources has become a popular method. A Sri Lankan youth, Janith Wickremesinghe, who earns foreign exchange, joined Ada Derana Biz 24X7 for a further discussion on...
View Article‘How to Convince Boards to Invest in Digital’ Chamber event lines up speakers...
Partner at McKinsey and Company (London) Ganaka Herath, Deputy Chairman of John Keells Holdings Ajit Gunawardena, Senior Director of Sampath Bank Sanjiva Senanayake, and CEO of FairFirst Insurance...
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SEC releases Capital Market Strategy 2020: a vision for capital market...
The Securities and Exchange Commission of Sri Lanka (SEC) releases the ‘Capital Market Strategy 2020’, a comprehensive transformative plan for Sri Lanka’s capital market, with the intention of...
View ArticleNew regulation to prevent the construction of new buildings near power lines
Sri Lanka introduced new regulations with regard to the minimum gap that should have between power lines and buildings to ensure the safety of consumers and the properties . The regulations were...
View ArticleElephant House and Keells Food help to keep alive ‘big match traditions in 2017
School ‘big match’ cricketing encounters have long been known for sharing the spirit of sportsmanship and camaraderie amongst historic rivals. That is why Elephant House and Keells Foods, as Sri...
View ArticleSri Lankan shares edge down on rate hike concerns ahead of review
Reuters – Sri Lankan shares edged down on Monday, hovering near a one-year closing low hit last week, as expectations of a rate hike continued to weigh on sentiment. The Colombo stock index fell 0.1...
View ArticleThe first leg of the capital market promotion in Australia a success
The Invest Sri Lanka Investor Forum hosted in Sydney today by the Colombo Stock Exchange (CSE) in association with the Securities and Exchange Commission of Sri Lanka (SEC) drew over 150 participants...
View ArticleCeylon Tea Boutique attracts a large number of ITB visitors
Ceylon Tea being among the most recognized tea brands in the world, were amongst the most popular items for the German visitors who visited the Sri Lanka Pavilion at ITB 2017. Sri Lanka Tourism...
View ArticleUTE Celebrates 70th Anniversary Showcasing World Class Engineering Solutions...
Recognised for delivering the highest quality engineering solutions and unmatched service support, United Tractor & Equipment (Pvt) Limited (UTE) proudly celebrates its 70th Anniversary this year....
View ArticleCreative Software in New Partnership to Develop Communication Tools for...
Creative Software has collaborated with the Swedish e-health innovator PictureMyLife to upgrade and evolve their web and mobile app for children with cognitive difficulties. Some years ago Lisa Lidgren...
View ArticleILO backed National Coop policy arrives in May
The finalisation of Sri Lanka’s much awaited and ILO backed National Cooperatives Policy draft has been called for May 29. “I believe that we need to take a collaborative approach to Cooperatives...
View ArticleEmirates spreads happiness to its customers and employees
Airline kicks off International Day of Happiness with simple surprises Emirates marked International Day of Happiness with small surprises for its customers and employees to spread a little extra joy...
View ArticleOne lakh turns into one million for DLB lottery winners
For decades the Development Lotteries Board has been dedicated to uplifting lives in Sri Lanka and has contributed to development in the country through its marketing and corporate social...
View ArticleSri Lanka to increase international air connectivity
Sri Lanka is looking to increase international air connectivity in an effort to boost tourism, a statement said here on Tuesday. With the tourism industry recording a positive growth since 2009,...
View ArticleAlpen advises People’s Leasing, Sri Lanka to raise funding from UAE
Alpen Capital advised People’s Leasing & Finance PLC, a market leader in the leasing and finance industry in Sri Lanka to successfully raise a $35 million Medium Term Facility from the Middle East...
View ArticleSri Lankan shares end flat as investors await cbank rate review
Reuters – Sri Lankan shares were little changed on Tuesday in lacklustre trade, hovering near a one-year closing low hit last week, as investors stayed on the sidelines ahead of the central bank’s...
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