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Sri Lanka unleashes support for world class porcelain, red clay & glass layers

Sri Lanka has begun boosting its world class porcelain, glass and red-clay industry segments with a host of new initiatives -and has also realised that the red-clay sector that is now surging as a...

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SL Economy Grew by 4% in the 2nd Q. 2017

The Department of Census and Statistics (DCS) Sri Lanka, has released the estimated Gross Domestic Product at current prices and at constant (2010) prices in Production approach and other macroeconomic...

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‘UN Sustainable Development Goals,’ a key criteria for this year’s evaluation...

‘Best Corporate Citizen Sustainability Award 2017’ will take into consideration the sustainable work done by local firms in line with the 17 UN Sustainable Development Goals, when evaluating...

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World Federation of Exchanges CEO visits CSE

Making her first visit to the Colombo Stock Exchange (CSE), the Chief Executive Officer of the World Federation of Exchanges (WFE) Ms. Nandini Sukumar commended the special relationship between the two...

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Fitch Rates Sampath Bank’s Basel III Sub Debt ‘A(lka) (EXP)’

Fitch Ratings has assigned Sampath Bank PLC’s (A+(lka)/Negative) proposed Basel III compliant subordinated debentures an expected National Long-Term Rating of ‘A(lka)(EXP)’. The notes, the first Basel...

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Sri Lankan shares mark 4-wk closing high on foreign buying

Reuters – Sri Lankan shares gained for a fourth straight session on Tuesday to mark a four-week closing high on foreign buying in blue-chips. Foreign investors bought a net 129.9 million rupees...

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Singer Sri Lanka Rating Unaffected by Shareholder Change

Fitch Ratings says Hayleys PLC’s acquisition of a controlling stake in Singer (Sri Lanka) PLC (Singer, A-(lka)/Stable) is neutral for Singer’s rating. This is because Hayleys’ balance sheet will be...

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MillenniumIT implements Oracle Sales Cloud for Capital Alliance Limited

~ Oracle Sales Cloud to manage single source on boarding ~ Integration with Colombo Stock Exchange for Customer experience ~ Customer 360-degree view across all business units MillenniumIT, a Platinum...

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hSenid Mobile Solutions hosts TADHack Sri Lanka 2017 again

It is time once again for TADHack Global, the annual meeting place for telecom application developers around the world to innovate and inspire. Locally powered by hSenid Mobile Solutions, TADHack Sri...

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DSL Enterprises (Pvt) Ltd Pledges to Support ‘Little Hearts’

The 19th of September 2017 saw leading distribution network, DSL Enterprises (Pvt) Ltd, announce their participation in the Little Hearts project, which aims to build a Cardiac and Critical Care...

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Access Engineering PLC Re-draws the Capital City’sSkyline with Capital Heights

Construction of the 242-unit ‘Capital Heights’ luxury apartment project commenced on 18th September 2017,when Blue Star Realties (Pvt) Ltd., a Member of Access Engineering PLC, formally received China...

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Softlogic Life is Claims Service Leader, over 80% of claims settled in one day

Softlogic Life Insurance PLC, Sri Lanka’s dynamic and innovative life insurer, has leveraged its strong synergy with healthcare and healthcare solutions where the Group’s Asiri Hospitals have backed...

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Durdans to offer Free OPD Consultation on September 25th-27th

In a bid to contribute towards the betterment of community health and to encourage a culture of preventive healthcare, Durdans hospital will be launching a campaign to offer free OPD consultations to...

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Sri Lanka considers listing of major state firms-sources

Reuters – Sri Lanka is considering listing two state-owned banks and an insurance company next year, by selling stakes of at least 10 percent in each, government, regulatory and exchange officials told...

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Airtel Sports Day 2017

Airtel Sri Lanka recently held its sports day at the NCC Ground, Colombo, boosting employee engagement and encouraging team spirit. Airtel employees and their families were alive, inclusive and...

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Munchee Sponsors National Volleyball Championship for the 10th consecutive year

Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), announced that it will sponsor the National Volleyball Championship 2017 organized by the Sri Lanka Volleyball Federation (SLVF) for the...

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Ogilvy PR Sri Lanka wins top Asia Pacific award for Right to Information...

Bags SABRE Asia Pacific ‘Best in Show’ Platinum Award, a Gold Award and lines up for a Global SABRE Award  Ogilvy Public Relations Sri Lanka succeeded in finishing ahead of 1,200 of the best award...

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Allianz ranked No.1 insurer in Dow Jones Sustainability Index

With 87 out of 100 points, place 1 in the insurance sector Dow Jones Sustainability Index most important sustainability market worldwide Allianz ranked among the best for seventeen consecutive years...

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Living its Purpose: Nestlé ranked Sri Lanka’s No. 1 Most Respected F&B...

Nestlé has been ranked Sri Lanka’s Most Respected Food and Beverage Company in LMD’s Most Respected Entities Publication for 2017. This is the second consecutive year the company was declared “Sector...

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Zone24x7 named best value added exporter in hi-tech and innovative products...

Zone24x7 Pvt Ltd, part of a global end-to-end technology innovations company established in 2003 with its headquarter based in Silicon Valley, California, was again for the third consecutive year...

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