London Stock Exchange Group increases footprint in Sri Lanka
~ LSEG Business Services arm will be based in Sri Lanka ~ World-class facility based at Tripoli Market in Colombo ~ Will directly employ 400 highly trained personnel London Stock Exchange Group (LSEG)...
View ArticleHSBC to close 24 retail banking branches in India, slash 300 jobs
Mumbai: British banking major HSBC on Thursday announced a consolidation exercise under which it will almost halve the number of branches in the country to 26, which will lead to 300 job losses. The...
View ArticleSri Lankans, small entrepreneurs secure; Government ensures natural disasters...
~ How NITF, Crescent Global and SIB made National Natural Disaster cover look Simple and Affordable ~ A reinsurance arrangement that has all the bases covered by the most reliable “A” rated reinsurance...
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Alumex Reports Record PBT Of Rs 801 Million
The Alumex Group performance surpassed the targets in the financial year ended 31st March 2016. Revenue was reported at Rs 3.99 billion, a growth of 21%, Profit before tax was Rs. 801 million recording...
View ArticleJAT rebrands reflecting its meteoric rise and potential
New corporate logo ushers in the new era of company growth and regional expansion JAT Holdings today announced its new corporate identity to reinforce its leadership position in the Sri Lankan market...
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ikman.lk’s popularity and superior search capabilities a magnet for the...
Given the intense traffic experienced in most cities in Sri Lanka, mobility is increasingly becoming a challenge for all motorists. One of the simplest solutions to this issue is the motorbike,...
View ArticleCDB announces LKR 1 Billion Debenture Issue
Citizens Development Business Finance PLC (CDB), one of the leading Licensed Finance Companies in Sri Lanka announced its intention to issue Listed Rated Subordinated Guaranteed Redeemable Debentures...
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Monetary Policy Review – May 2016
The year-on-year growth of broad money (M2b) indicated some deceleration, recording 18.9 per cent in March 2016, compared to 19.8 per cent in February 2016. The expansion in domestic credit remained...
View ArticleAIST higher education center to be established
Government considering the large number of students entering for the overseas education after the G.C.E A/Ls expects to establish a higher educational institute named Asia Institute for Science of...
View ArticleIIT launches Sri Lanka’s first MSc in Big Data Analytics
Robert Gordon University, Scotland and IIT form historic partnership to deliver the latest master’s programme Informatics Institute of Technology (IIT) announced a groundbreaking partnership with...
View ArticleFinanceAsia declares Commercial Bank Best Bank in Sri Lanka
Confers two prestigious awards – Country Award for 2016 & one-off Platinum Award for 2 decades of country-leading performance The Commercial Bank of Ceylon has won two more prestigious...
View ArticleNations Trust Bank re-launches popular leasing scheme for professionals
In response to a growing demand for its personalised leasing solutions, Nations Leasing, an arm of the rapidly-growing Nations Trust Bank PLC, is re-introducing to customers, its popular...
View ArticleVMware Accelerates the Shift to Digitalization and Cloud in Sri Lanka
Enables digital transformation through the industry’s most comprehensive solutions portfolio that mobilizes, modernizes and secures infrastructure and applications VMware Inc. (NYSE: VMW), a global...
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Ceylinco Life policyholders treated to the thrills and spills of Leisure World
The precincts of Leisure World rang with the sounds of unbridled fun and frolic recently when Ceylinco Life hosted policyholder families from every district of Sri Lanka to a day at the theme park in...
View ArticleDIMO Showcases Mercedes-Benz Centre
Hosts German Government Delegation Headed By Hon. Uwe Beckmeyer Sri Lanka welcomed Hon. Uwe Beckmeyer, Parliamentary State Secretary at the German Federal Ministry of Economic Affairs and Energy, and...
View ArticleSri Lankan students triumph at Intel ISEF 2016
Students bring home one grand award and four special awards from Phoenix, Arizona Colombo, May 22, 2016 – The Sri Lankan team secured five awards at the Intel International Science and Engineering Fair...
View ArticleFitch Affirms Sri Lanka’s Dialog Axiata at ‘AAA(lka)’/Stable
Fitch Ratings-Singapore/Colombo/Sydney-23 May 2016: Fitch Ratings has affirmed Sri Lanka-based telecoms company Dialog Axiata PLC’s (Dialog) ‘AAA(lka)’ National Long-Term Rating. The Outlook is Stable....
View ArticleThe National Consumer Price Index – April 2016
The Department of Census and Statistics has released the National Consumer Price Index (NCPI) for the month of April 2016. NCPI has been compiled as 111.6 for April 2016. This shows an increase of 1.6...
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Hero Motocorp and Speedbrain join forces in Motorcycle Rally Sports
Hero MotoCorp Ltd (HMCL), the world’s largest two-wheeler manufacturer, forayed into the world of motorcycle rally racing by forming a strategic partnership with Speedbrain GmbH, the German off-road...
View Articleamanté celebrates spirited women at members only event
Sri Lanka’s premier lingerie label, amanté, treated members of its exclusive Enchantress loyalty card programme to an elegant evening of music, poetry and art, in celebration of the feminine spirit, at...
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