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AYATI National Centre for Children with Disabilities opens its’ doors to the public

Officially Inaugurated by HE President Gotabaya Rajapaksa Sri Lanka’s first “National Centre for Children with Disabilities”, was officially inaugurated to serve the many children with disability, whose families hitherto had no source of solace. The momentousoccasion was graced by the First Citizen of the Country H E President Gotabaya Rajapakse. Disability has been recognized as…

(0) Comments | January 26, 2020 3:48 pm

Featured

A culture built on trust: H-Connect secures Great Place to Work® certification

Sri Lanka’s leading Business Process Management (BPM) and Shared Services experts, H-Connect, was certified as a great workplace today by independent analysts at Great Place to Work® in Sri Lanka (GPWSL). The certification was awarded to the company based on a series of evaluations and anonymous employee surveys conducted by GPWSL. “We applaud H-Connect for…

(0) Comments | January 25, 2020 9:50 pm

Bairaha pioneers to initiate animal welfare concept

Bairaha Farms PLC., being the pioneering company in the poultry industry, was the first to introduce, large scale and modern farming concept for poultry production more than 40 years ago, as well as the first to setup a modern chicken processing factory for producing quality chicken to the market. In the pioneering spirit of the…

(0) Comments | January 25, 2020 9:15 pm

‘New Ink’: How the Story was Written

On 19 January, a literary forum quite brashly titled ‘New Ink’ unfolded at the auditorium of the Sri Lanka Federation of University Women. Publicized as being ‘independently organized’, the showcase consisted of readings and conversations, focusing on new work published in English across the calendar year, and issues contemporary to cinema and art. In all,…

(0) Comments | January 25, 2020 9:09 pm

Amãna Bank expands to Hill Street, Dehiwala

Amãna Bank recently opened its nineteenth Self Banking Centre at Hill Street, Dehiwala under the patronage of its Head of Deposit Mobilization Arshad Jamaldeen alongside the customers and staff of the Bank. The Hill Street Self Banking Centre is the Bank’s third location in the Dehiwala region, which includes a fully-fledged branch on Galle Road…

(0) Comments | January 25, 2020 8:30 pm

Wickramarachchi Hearing Care launches world-renowned Phonak Hearing Aids in Sri Lanka

Pioneering hearing care specialists Wickramarachchi Hearing Care recently launched world-renowned Phonak Hearing Aids in Sri Lanka. The launch event was held at Wickramarachchi Hearing care. The launch also coincided with the opening of an International Pediatric Hearing and Vision Diagnostic Center. This center is designed to detect and identify the hearing impairment of infants and…

(0) Comments | January 25, 2020 12:45 am

Pelwatte Dairy makes many new strides in 2019

Sri Lanka’s 100% local dairy manufacturer Pelwatte Dairy Industries Ltd (PDIL) concluded a successful 2019, despite the difficulties faced by the nation both economically and socially. PDIL showed considerable growth in its sales numbers while also expanded its distribution network during the year under purview. Further expansion was also seen in a wide range of…

(0) Comments | January 25, 2020 12:31 am

WSO2 Recognizes Integration Specialist Yenlo with Partner of the Year Award 2019

~ Based on its success in delivering open source integration and API management solutions in 2019, Yenlo has earned WSO2’s top partner award for the second year in a row and Most Certified Partner of 2019 award  Netherlands, Amsterdam: Global integration specialist Yenlo, today announced that it has been awarded Partner of the Year 2019…

(0) Comments | January 25, 2020 12:00 am

Amãna Bank Self Banking Centre now in Kalubowila

Amãna Bank recently opened its 18th Self Banking Centre at Kalubowila to further its reach and facilitate its customers with around the clock real-time cash deposits. The new Self Banking Centre, located at No 108, Kalubowila Road was opened by the Bank’s Head of Corporate/FCBU- Western Region Rajendra Jayasinghe along with the customers and staff…

(0) Comments | January 24, 2020 11:49 pm

Brandix ‘Ran Daru Thilina’ Inspires the Education of 8,500 Children in 2020

Brandix conducted the ‘Ran Daru Thilina’ initiative for the fifth consecutive year, providing over 8,500 children of the company’s Associates with schoolbags and stationery items for the new school year in an effort to inspire their education. Since its inception in 2016, ‘Ran Daru Thilina’ has enriched the lives of over 28,000 children of Brandix…

(0) Comments | January 24, 2020 11:42 am

Sophos Cloud Optix Advancements Simplify Cloud Security

New Features and Capabilities Showcased at AWS re:Invent 2019 Sophos (LSE: SOPH), a global leader in next-generation cloud-enabled cybersecurity solutions, today unveiled advancements to Sophos Cloud Optix that automate and simplify the detection and response of cloud security vulnerabilities and misconfigurations to reduce risk exposure. Cloud Optix is easily managed on the unified cloud-based Sophos…

(0) Comments | January 24, 2020 10:34 am

Top News

Macquarie staff in German tax scam probe

Australian Associated Press – Macquarie’s chief executive and her predecessor are among 60 present and former staff to be named as suspects by German authorities, the Australian bank said, as Germany’s biggest post-war fraud probe into sham trades unfolded. Macquarie says prosecutors would likely want to interview Macquarie’s former chief executive Nicholas Moore and Shemara…

(0) Comments | January 24, 2020 4:35 pm

Fitch Rtgs: Coronavirus’ Severity Will Frame Effect on Corps, Sovereigns

The scale of the current Wuhan coronavirus outbreak would have to increase substantially to have a significant impact on credit ratings, says Fitch Ratings. However, under such a scenario, Fitch would expect global corporates exposed to travel and tourism to be most at risk of being affected. On the whole, Asia-Pacific sovereigns have substantial financial…

(0) Comments | January 24, 2020 1:45 pm

SriLankan Airlines takes action with regard to Coronavirus outbreak

SriLankan Airlines has implemented a series of precautionary measures to mitigate the risks from the current coronavirus epidemic in the Far East, with the safety and well-being of its valued passengers and staff being of paramount importance. SriLankan’s cabin crew and other relevant staff have been briefed on actions to be taken on board and…

(0) Comments | January 24, 2020 1:26 pm

Chinese company Travelzen to process visas for Chinese tourists visiting Sri Lanka

The Department of Immigration and Emigration has been using the Electronic Travel Authorization System for pre-screening and granting of approval for foreign visitors to visit Sri Lanka since the year 2012. Even though Sri Lanka is a more attractive country for Chinese tourists, it has been observed that the tourists from China who visit Sri…

(0) Comments | January 24, 2020 12:49 pm

UN backed groundbreaking Sri Lanka industry diagnostic initiative rolled-out in Colombo

A high level team from United Nations Industrial Development Organization (UNIDO), Vienna joined by no less than the UN Resident Coordinator Sri Lanka launched the next phase of Sri Lanka industry revolution on 24 January in Colombo. An upbeat UNIDO said that it is impressed by the feedback received by Sri Lankan industries for its…

(0) Comments | January 24, 2020 12:43 pm

Sri Lanka state universities open doors for international students

Even though legal provisions are in existence to admit 4.5% of foreign students out of the total number of students expected to be admitted annually to the State Universities Undergraduate Degree Programmes, it has been found that only a limited number of foreign students get registered to study in the Universities of this country. Considering…

(0) Comments | January 24, 2020 12:38 pm

SLTPB shows it’s potential at CMT 2020 Germany

Sri Lanka was able to create a positive image on the minds of those who visited the Sri Lanka stall at the CMT 2020 Germany, which was held from 11th to 19th January 2020 in Landesmesse in Stuttgart.  CMT being the largest Consumer fair in Germany, has been identified as the best international platform for…

(0) Comments | January 24, 2020 11:58 am

Sri Lanka Telecom welcomes new Directors to the Board

Sri Lanka Telecom PLC has announced the appointment of Lalith Seneviratne, Mohan Weerakoon, A K Seneviratne and Ranjith Rubasinghe to its board of directors with effect from 23rd January 2020. Lalith Seneviratne and Mohan Weerakoon PC will serve in the capacity of Independent Non-Executive Directors while A K Seneviratne and Ranjith Rubasinghe will work in…

(0) Comments | January 24, 2020 11:32 am
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Analysis

Sri Lanka receives 1.9Mn tourists in 2019; witness 18% drop

Sri Lanka received 1.9 million tourists last year, with December recording the highest number of arrivals with 241,663 tourists since the Easter bombings in April the latest data released by the  Sri Lanka Tourism Development Authority (SLTDA) showed. According to official data, 1,913,702 tourists had visited Sri Lanka in 2019. It is a decline of 18.0% from the 2,333,796…

(0) Comments | January 7, 2020 2:07 pm

Sri Lanka’s inflation 4.8% in December

Sri Lanka’s inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI), increased to 4.8% in December 2019 from 4.4% in November 2019, the Department of Census and Statistics reported. The CCPI for all items for the month of December 2019 was 132.4 and it records an increase of 0.7 index points…

(0) Comments | January 7, 2020 12:42 pm

Post- election sentiment surges  

Corporates are optimistic following a series of encouraging policy implementations According to the latest monthly LMD-Nielsen Business Confidence index (BCI) survey, almost two-thirds (up from less than a third in the prior month) of respondents consulted by Nielsen, for LMD’s publisher Media Services, anticipate that the economy will improve in the next 12 months. This…

(0) Comments | January 6, 2020 3:18 pm
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