Sarvodaya Development Finance (SDF), the financial services arm of the Sarvodaya Movement, sailed through the turbulent 2019-20 financial year to report a record profit growth. The finance company, which funds the charitable and social development activities of the Sarvodaya Movement across rural Sri Lanka, recorded one of its best years of financial performance against one…
Mobile-telco industry is a vastly evolving field with new technologies emerging to challenge the ongoing trends. Mobile network providers have a key role to play in aligning with new technologies to deliver value added service offerings. In terms of voice, internet, VAS services and roaming, there were noticeable improvements in recent years and mobile service…
The world is becoming an increasingly digital place. A fact even more pertinent now in a post-coronavirus world, where online transactions and, indeed, the amount of time individuals spend online is likely to increase significantly. With the prevalence of social media scammers have become even more brazen in their attempts, but social media giant Facebook…
LankaPropertyWeb, the company behind the country’s leading property website lankapropertyweb.com, has announced the launch of Sri Lanka’s first ever virtual real estate expo. The Lanka Property Show 2020 Virtual, will be held from 9 am on the 3rd of July to the 5th of July midnight. It will be made available online on its web…
Ocean Lanka (Pvt.) Ltd., Sri Lanka’s largest weft knitted fabric manufacturer is currently conducting third party trials for its very own all natural anti-bacterial face mask. The company has announced that it is adjusting its manufacturing process to help alleviate the shortage of face masks caused by the ongoing COVID-19 pandemic. Upon successful trials, the…
CBL Samaposha’s Dinana Daruwo Facebook learning platform was launched to support the development of young children during the lockdown period. Working with child psychologists, nutritionists and educators, the platform aimed to keep young minds active and engaged while also helping children be healthy and happy. This digital platform was launched to address growing concerns of parents across…
LAUGFS Gas, a leader in providing innovative LPG solutions in Sri Lanka, has amplified its delivery operations to meet the needs of its customers through its recent distribution of 20 specially designed motorbikes free of charge to selected dealers within its nation-wide home delivery network. Through this distribution, LAUGFS Gas intends to reinforce its home…
Two entry-level smart phones including Huawei Y5p make their appearance Setting a new benchmark for entry-level smartphones, Huawei, the innovative smartphone manufacturer, recently launched two of the most feature-packed entry-level smartphones at the online launch event on 24th June 2020. The two smartphones are Huawei Y6p featuring 4GB RAM + 64GB ROM and Huawei Y5p,…
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable Brand’ for the second consecutive year by Brand Finance, the world’s leading independent brand valuation consultancy, at the 17th edition of its annual review. Dialog also retained its brand rating of AAA for the sixth consecutive year and the…
Ravishankar Wickneswaran, Chief Financial Officer, has been appointed onto the Supervisory Board of BIC Vietnam. Ravishankar is a qualified finance professional in the Financial sector and has served at Fairfirst Insurance for over seven years. BIC (Bank for Investment and Development of Vietnam Insurance Company) is the insurance joint-venture of Fairfax with the largest bank…
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