Featured News

505 – Sri Lanka’s first branded designer eyewear store turns 1

505, the pioneering branded designer eyewear store in Sri Lanka celebrates its first anniversary on 23rd August 2019 after a year of successful operations. A brainchild of Vision Care Optical Services (Pvt) Ltd, the exclusive Luxottica branded 505 Store is the first of its kind in Sri Lanka. Luxottica Group is a leader in the…

(0)Comments | August 27, 2019 4:49 pm

Fairfirst Insurance saves more than millions in attempted fraud with Big Data Analytics

On a daily basis, Fairfirst usually gets over 400 smart alerts on possible fraudulent activity related to Underwriting and Claims across all business portfolios. What is a Smart Alert? In relevance to the literal meaning itself, it is a notification to Fairfirst about an abnormal transaction that takes place, in this sense a possible fraudulent…

(0)Comments | August 27, 2019 12:54 pm

Instagram bug could have allowed anyone to take over your account

As you would be aware, Laxman Muthiyah is the famous bug-hunter who uncovered not only a data deletion flaw but also a data disclosure bug on Facebook. The first bug meant he could have zapped all your photos without knowing your password. The second meant that he could have tricked you into installing an innocent-looking…

(0)Comments | August 27, 2019 12:50 pm

Something for everybody at FACETS 2019

This year’s FACETS International Gem & Jewellery Exhibition will boast an extensive number of local and international stalls, featuring a wide variety of exhibits ranging from precious stones, gold and silver jewellery, and exquisite watches to semi-precious stones, colored stones and costume jewellery. Held for the 29th consecutive year, the exhibition features an impressive lineup…

(0)Comments | August 27, 2019 12:40 pm

Hugs & Kisses; For Kids by Kids

~ Latest brand of Kids Casual Wear in town is all about the attitude Ever had to deal with temper tantrums with kids who have their own dress sense and style and demand that they wear what they want? Or dealt with the dilemma of what to buy kids for their birthdays and special occasions?…

(0)Comments | August 27, 2019 12:31 pm

Allianz Lanka appoints new Deputy CEO for Life Insurance arm

The board of directors of Allianz Lanka recently announced the appointment of Mr. Nihal Handunge as the Deputy CEO for Allianz Life Insurance Lanka Limited. With this new appointment, Mr. Handunge will take the responsibility of overseeing the growth strategy of the business along with the overall management responsibility of Allianz Lanka’s Life operations in…

(0)Comments | August 27, 2019 12:15 pm

Seylan Bank Partners With Indra Traders to Offer Exceptional Leasing Benefits

Seylan Bank PLC, a trusted financial entity in Sri Lanka for over two decades partnered with Indra Traders to provide incomparable leasing benefits for everyone hoping to purchase their dream vehicle.   The partnership enables consumers to purchase a vehicle with special interest rates, free vehicle registration, discounted insurance premiums from their preferred insurance partner, a…

(0)Comments | August 26, 2019 12:22 pm

CDB sponsors MCA open Cricket ‘Sixes’ 2019 for the third consecutive year

Citizens Development Business Finance PLC, a leading player in the NBFI sector in Sri-Lanka is geared to power the MCA open Cricket ‘Sixes’ for the 03rd consecutive year. The tournament is organized by the Mercantile Cricket Association every year and has been a beloved cricketing fiesta in the Island for over 30 years. Over 50…

(0)Comments | August 26, 2019 12:20 pm

Munchee showcases supremacy winning National Quality Award Once Again

Continuing its impeccable track record, Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), showcased its supremacy once again by winning the National Quality Award (NQA) under the large category for the third time. Organised and implemented by Sri Lanka Standards Institution (SLSI),the award recognises Sri Lankan organisations that excel in quality management and quality…

(0)Comments | August 26, 2019 11:57 am

Huawei launches Ascend 910, the world’s most powerful AI processor, and MindSpore, an all-scenario AI computing framework

Eric Xu: We promised a full-stack, all-scenario AI portfolio. And today we delivered.   Huawei officially launched the world’s most powerful AI processor – the Ascend 910 – as well as an all-scenario AI computing framework, MindSpore.   “We have been making steady progress since we announced our AI strategy in October last year,” said…

(0)Comments | August 26, 2019 11:13 am