Alethea Group looks to expand scope and activities First investment in Sri Lanka by Fairfield Holdings One of the country’s oldest private educational institutions, Alethea Group divested controlling interest of its equity to Fairfield Holdings at end May 2018. The transaction was arranged and supervised by M Power Capital which was responsible for the overall…
The Commercial Bank of Ceylon is to keep 70 branches open for business on Friday, 15th June, a Public and Bank holiday to mark Id-Ul-Fitr – Ramazan Festival Day. Announcing the decision, the Bank said the branches scheduled to operate on that day would include the Bank’s 27 Supermarket Banking Centres and 27 ‘365-day’ branches…
Lankan Angel Network (LAN) together with KPMG and BOV Capital managed Digital Innovation Fund (DIF) is jointly running a program for the first time in order to empower local Fintech startups. HATCH, a startup incubation and acceleration platform will provide acceleration support for the local program. Its aim is to look for local innovative solutions…
Bairaha Farms PLC, Sri Lanka’s pioneer and leading chicken processors and suppliers, marked its presence at the Culinary Art Food Expo 2018, held at the BMICH from June 1st to 3rd. The company, already having achieved a major stake in the domestic consumer market as well as supplying to hotels and restaurant in Sri Lanka,…
– A promise by every HNB employee to factor in environmental standards and consciousness into their day’s work HNB, Sri Lanka’s premier private sector bank, will mark United Nation’s World Environment Day by recommitting to the HNB Green Pledge – a promise by every HNB employee to factor in environmental standards and consciousness into their…
The Miss British Empire 2018 international beauty pageant is scheduled to take place in Perth, Australia in mid-September, 2018 and a Sri Lankan beauty that also happens to be a Doctor, has already been selected by the international pageant’s organizers to represent Sri Lanka at the event. Dr. Nuwandika Lakmali Wickramarathne-Siriwardena is a Grade Medical…
The Executive Level March 2018 exam of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has registered a pass rate of over 50%. Six students of the Institute also won the merit prizes after excelling at the Executive Level I & II exam. Chamara Chandimal Wijerathna won the first in order of…
Yoho Bed, Sri Lanka’s largest hospitality company has attained recognition through its innovative technology and rapid growth since its inception. Yoho Bed offers an alternative to the mass produced tourism and caters to the new change in the way people travel. The company makes travel accessible to everyone by offering an affordable yet, comfortable stay…
Ogilvy Media’s Dulanjali Dilrukshi and Sanoj Fernando will be representing Sri Lanka in the Young Lions Media competition at the Cannes Lions International Festival of Creativity in France, to be held 18-22 June, 2018. The duo was selected after emerging winners at this year’s Young Lion’s Competition in Colombo, and will be the first from…
SML Frontier Automotive, sole agents for Land Rover in Sri Lanka invites customers to experience the all-new fleet of vehicles that provide unrivalled capability, versatility and luxury at the Land Rover Open Day series from Saturday, June 9th to Sunday, June 10th 2018. Visit the state-of-the-art showroom located at 74, Flower Road Colombo 07 and…
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