Malaysia’s Axiata in $600 million deal with Khazanah, Japanese firm
Reuters – Malaysian mobile network operator Axiata (AXIA.KL) said that sovereign wealth fund Khazanah Nasional Bhd [KHAZA.UL] and Innovation Network Corp of Japan (INCJ) will take stakes in its telecom...
View ArticleUber completes one year in Colombo
Uber, the on-demand technology company that has transformed the way people move in cities, has completed a year of operations in Colombo. Said Bhavik Rathod, General Manager, Uber India South &...
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Magical Celebrations at Galle Face Hotel to Greet You This Season
This year, the Galle Face Hotel has all the trimmings to make this festive season even more delightful to you and your loved ones. South Asia’s Leading Grande Dame, set tone to the Season with the...
View ArticleSri Lanka Chamber of Medical Devices Industry holds 2nd Annual AGM
The Sri Lanka Chamber of Medical Devices Industry, established in 2015, held its second Annual General Meeting on Friday, the 9th of December 2016. The event was graced by the Chief Guest, the Hon....
View ArticleMastercard Partners with Uber to reward cardholders in Sri Lanka with free rides
Mastercard and Uber announced their partnership to reward cardholders in Sri Lanka with free Uber rides for payments made using their Mastercard credit cards on the Uber app. New users signing up for...
View ArticleSarvodaya Development finance clinches Compliance Award at the 52nd Annual...
Sarvodaya development Finance, the pioneer in microfinance in Sri Lanka bagged the compliance award in the finance companies and leasing companies sector at the 52nd annual report awards 2016 which was...
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Owning an address in Ward Place now made a reality by Prime Group
Construction on Prime Grand, an upmarket, 36 floor, 316 unit apartment complex by Prime Group got under way on the 6th of December, 2016 at Ward Place. Currently the largest and tallest apartment...
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PBSS wins Gold and Silver at FCCISL Entrepreneur Awards 2016
Perfect Business Solution Services (Pvt) Ltd (PBSS), a leading business software solutions provider with presence primarily in Sri Lanka, Maldives and Middle East, recently clinched the Gold award for...
View ArticleCADD Centre Lanka “Centre for Design Excellence”
CADD Centre Lanka (Pvt) Ltd is a part of Prestigious EWIS group having over fourteen years of professional career development experience as an institute conducting internationally recognized courses of...
View ArticleSri Lankan shares hit 2-wk closing low; blue chips weigh
Reuters – Sri Lankan shares closed at their lowest in two weeks on Wednesday as foreign investor outflows and losses in blue chips led by market heavyweight John Keells Holdings Plc weighed on...
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Emirates Group releases 6th Annual Environmental Report
The Emirates Group, comprising Emirates airline and dnata, has published the sixth annual environmental report outlining the Group’s environmental performance for the financial year 2015-16. The...
View ArticleJet Airways To Launch Direct Daily Service Between Colombo And Bengaluru
Jet Airways, India’s premier international airline, today, announced the launch of a daily direct flight from Colombo to Bengaluru with effect from January 05, 2017. This new daily connection will...
View ArticleCeylon Chamber expands its wings to Tajikistan to strengthen trade,...
The Ceylon Chamber of Commerce with a view to further promote trade and commercial activities between the private sector partners in Sri Lanka and Tajikistan, signed a Memorandum of Understanding (MOU)...
View ArticleCentralized Unit to review expenses of government ministries – Finance Minister
Finance Minister Ravi Karunanayake reiterates the need to set up a centralized unit under his ministry to review the overheads of different government ministries. The minister point out that setting up...
View ArticleOne billion Yahoo users hit in newly discovered hack
AFP – Yahoo said Wednesday more than a billion users may have had data stolen in a hack dating back to 2013 — separate from its previously disclosed breach affecting 500 million. In a huge blow to the...
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Nawaloka Hospital Negombo Continues Excellence in Medical Care with...
Nawaloka Hospital Negombo recently celebrated two years of providing easily accessible, world class healthcare to the people of the region. Eliminating the need to travel to Colombo for medical care...
View ArticlePPP great way to drive SL-Tajikistan biz forward
Public Private Partnership model is a key mechanism slated to drive future Sri Lanka-Tajikistan economic relations. “Identified areas of bilateral cooperation could be strengthened through public...
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Constituent Changes to the S&P Sri Lanka 20 Index
The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2016 annual index rebalance. As announced by S&P...
View ArticleAltair builds Hindu shrine with facilitation of Chief Incumbent of...
Altair, the property development that is transforming the Colombo 2 neighbourhood with its iconic twin-tower high-rise, has responded to the request of a leading Buddhist prelate to build a Hindu...
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Hirdaramani Inaugurates New Center of Operations for its Shared Services Teams
Hirdaramani is proud to announce the opening of ‘The Hub’, a new purpose-built centre of operations to house the core group Shared Services functions, namely, Finance Shared Services & Commercial...
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