VirtusaPolaris Named Among UK’s Top Employers for Seventh Consecutive Year
VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide provider of information technology (IT) consulting and outsourcing...
View ArticleEM Hotels to Sell Serene and Modern Ocean Queen Wadduwa
Just 30km away from Colombo is the golden sandy strip of Wadduwa, adorned with thousands of coconut trees that emanate a cool breeze, and occasional sightings of toddy tappers in their precarious...
View ArticleSri Lankan shares slip; investors await clarity on tax
Reuters – Sri Lankan shares ended marginally lower on Monday, slipping from a near one-year high hit last week, as investors waited for some clarity after the finance ministry said a new tax structure...
View ArticleSLT Group reported Rs. 18.7 billion during the 1Q 2017
Sri Lanka Telecom Group released its results for the 1st quarter 2017. The group comprises of 7 subsidiaries and the Holding Company. During the 1st quarter 2017 the group reported Rs. 18.7 billion,...
View ArticleLandmark MoA paves way for CIMA members to obtain CA Sri Lanka membership
The landmark Memorandum of Agreement (MoA) signed between two of the country’s leading accounting bodies, has now paved the way for CIMA members to obtain the membership of the Institute of Chartered...
View ArticleHNB Sustains Superior Performance in Q1 2017
HNB continued its growth momentum during the first quarter of 2017 with Group PAT growing by 16.4% yoy to surpass Rs 4 Bn while Bank PAT grew by 18.1% yoy to be recorded at Rs 3.65 Bn. Growth in...
View ArticleThe EU Grants Enhanced Market Access for Sri Lanka as a Reform Incentive
Removal of customs duties will be conditional on continued commitment to sustainable development, human rights and good governance. The European Union will remove a significant part of the remaining...
View ArticleGrant of 400 mln Yuan to develop economic and technical cooperation
An agreement was signed to grant 400 million Yuan to develop the economic and Technical cooperation between China and Sri Lanka at the Public auditorium yesterday (16th May) in Beijing, China. The...
View ArticleICTA as catalyst in shaping Sri Lanka’s Startup Ecosystem announces Disrupt...
The ICT Agency of Sri Lanka (ICTA), the nation’s apex ICT Institution under the Ministry of Telecommunications and Digital Infrastructure, announces the launch of Disrupt Asia 2017, Sri Lanka’s Premier...
View ArticleSri Lankan shares end at 1-yr high on foreign buying, trade concession
Reuters – Sri Lankan shares hit a one-year closing high on Tuesday with foreign investors buying blue chips such as John Keells Holdings Plc and as the island nation regained a trade concession from...
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Elephant House F5 powers 3rd Spinfit Sundown
Elephant House F5 is excited to continue in its role as “Beverage Partner” for Spinfit Sundown, an increasingly popular running and cycling event now in its third edition. This is also the second time...
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Swarovski Presents Gem Visions 2018
A State-of-the-Art ‘Wunderkammer’ Full of Dazzling New Design Directions Launch in Sri Lanka For its 2018 edition, Gem Visions, the industry-leading trend and design service from the Swarovski...
View ArticlehSenid celebrates 20 years of connecting minds by recognising longest...
During two decades of operations in the software industry, a workforce of almost two million has been empowered by hSenid. The journey that started with one man’s vision has come a long way with...
View ArticleBiodiversity and Sustainable Tourism
Biodiversity Sri Lanka will commemorate the International Day of Biological Diversity which falls on 22nd May each year, with an evening session on the UN designated theme for 2017: ‘BIODIVERSITY AND...
View ArticleOver 50 foreign firms to attend ‘Sri Lanka Investment Conclave’ to explore...
Senior Executives and owners of over 50 foreign companies from more than 15 countries have already registered to take part in the upcoming ‘Sri Lanka Investment and Business Conclave 2017’ showing...
View ArticleHuawei and Intel Sign a MOU to Accelerate HPC Innovation
Huawei and Intel signed a memorandum of understanding (MOU) to cooperate in high-performance computing (HPC) to provide competitive and innovative HPC products and solutions.Today, Huawei and Intel...
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Ceylinco Life breaks new ground with Sri Lanka’s first Retirement Resort
Opens ‘La Serena’ – fully-serviced 44-unit facility on the beach at Uswetakeiyawa for active retirees Can life truly begin at 60? Sri Lanka’s life insurance leader Ceylinco Life believes the answer...
View ArticleSri Lankan shares extend gains on foreign inflows
Reuters – Sri Lankan shares ended at their highest level in over a year as foreign investors continued to buy blue chips after an annual trade concession worth $300 million from the European Union (EU)...
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Haycarb records turnover of Rs. 13.5 billion and profit before tax of Rs....
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 13.5 billion, profit before tax of Rs. 1.19 billion and profit after tax of Rs. 939 million for financial year 2016/17. The earnings per...
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Teejay posts revenue growth of 24% in volatile 2016-17
Achieves net profit of Rs 2 billion despite huge increases in raw material costs Teejay Lanka PLC (formerly Textured Jersey), the Sri Lanka headquartered world-class knit fabric solutions provider,...
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