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HSBC Credit Cards launch the first ever VISA Cashback Card in Sri Lanka

HSBC, who has continuously revolutionized the credit card industry for over two decades, has joined hands with VISA International to introduce Sri Lanka’s first ever VISA Platinum Cashback card. This...

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Facebook to emphasize friends, not news, in series of changes

SAN FRANCISCO/LONDON (Reuters) – Facebook Inc (FB.O) on Thursday began to change the way it filters posts and videos on its centerpiece News Feed, the start of what Chief Executive Mark Zuckerberg said...

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Sri Lankan shares hit over 1-week closing low; blue chips see selling

Reuters – Sri Lankan shares fell for a fourth straight session on Friday to hit a more than one-week closing low on profit-booking in blue chip stocks. The Colombo Stock Index ended 0.35 percent weaker...

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World Bank says SL economy accelerates to 5% in 2018

Sri Lanka is forecast to accelerate to 5 percent in 2018, mainly reflecting strong private consumption and investment growth the World Bank (WB) says in its latest economic prediction Referring to the...

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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 will total LKR7.5...

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Government’s Take On GSP+ Facility Reflects In Export Increase

Perceived Economic Opportunity PEO: October, 2017   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a random sample of 400 men...

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SINGER introduces latest Samsung Smart Convertible Refrigerators in Sri Lanka

Singer has been renowned over the years for their vast product portfolio of Samsung household appliances such as televisions, refrigerators, mobile phones, washing machines, microwave ovens and air...

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Cargills Bank enables online EPF payments for businesses

Cargills Bank signed a Memorandum of Understanding (MOU) with the Central Bank of Sri Lanka (CBSL) on January 8 2018, enabling services of the Employees Provident Fund (EPF) E-Return System through...

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Sri Lanka’s economic and Financial Conditions are stable – IMF

Macroeconomic and financial conditions have been stable, despite a series of weather-related supply shocks. The authorities remain committed to the economic reforms under the program and have...

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Ultimate Motorworks launches first fully integrated autocare workshop for...

Introducing a novel service concept to the Sri Lankan market, fully integrated auto-care specialists Ultimate Motorworks announced the launch of its first fully-integrated showroom, repair and...

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Floor at Indonesia’s stock exchange collapses, more than 70 injured

JAKARTA: More than 70 people were injured, and some were seen being carried on stretchers out of the Indonesia Stock Exchange on Monday (Jan 15), after a mezzanine floor collapsed onto the building’s...

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Sampath Bank engages with SMEs and other stakeholders to share knowledge on...

Continuing to support businesses around the nation, Sampath Bank, one of the leading commercial banks in the country, hosted over 100 representatives of Small and Medium Enterprises (SMEs) at the...

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From challenges to opportunities: The Success of DSI Samson Group

Mr. Kulathunga Rajapakse is no stranger to Sri Lanka’s industry and entrepreneur circles. As Managing Director of the DSI Samson Group, the country’s premier business conglomerate and leading...

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DI heralds a brand-new look

Unveils new brand logo and concept Augments the brand from a producer of leather footwear to a lifestyle brand  A leader in leather footwear in Sri Lanka, Ceylon Leather Products PLC announced the...

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Agreement to make Sri Lanka trade hub in Indian Ocean

Minister of Development Strategies and International Trade Malik Samarawickrama during his visit to Geneva had a bilateral meeting at the Permanent Mission, with the representatives of the ‘Global...

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MullenLowe and Quantum to Reveal Top 10 Consumer Trends for 2018 at CIM...

Leading integrated communications agency MullenLowe Sri Lanka and premier consumer behaviour specialists company Quantum Consumer Services are set to present a list of key consumer trends that...

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Durdans Hospital health checks for comprehensive preventive care and improved...

Health checks done regularly can help identify risk factors before they evolve into an illness or detect diseases at an early stage. Another advantage of health checks is the fact that risk factors and...

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Allianz Lanka rewards Grade 5 Scholarship exam toppers with Sisu Diriya...

Allianz Lanka awarded scholarships to students who had excelled in the Grade 5 scholarship examination under the Allianz Sisu Diriya Scholarship program for the 3rd consecutive year. The programme was...

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“Enterprise Sri Lanka” program to create new entrepreneurs will be launched...

Minister of Finance and Mass Media Mr. Mangala Samaraweera said that one of the main proposals made in the budget to create entrepreneurs would be launched in March. He further said that those who...

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The Fairway National Literary Awards 2017 – The countdown has begun

One of the gala events associated with the Fairway Galle Literary Festival is the presentation ceremony of the prestigious Fairway National Literary Awards, the most valuable literary prizes awarded in...

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