Amãna Bank recently relocated its Oddamavadi Branch to a more modern banking premise located at No. 93, Main Street, Oddamavadi thereby providing an enhanced banking experience to its customers. The new premise was declared open by the Bank’s Chief Executive Officer Mohamed Azmeer alongside Amana Banks Senior Director Mohamed Jazri Magdon Ismail, Members of the…
Reaching another milestone in its journey of technological excellence, software product engineering specialist 99X Technology entered the Amazon Web Services (AWS) Partner Network, becoming one of its newest consulting partners. This partnership has seen 99X Technology accelerate Cloud adoption to global enterprises, in addition to broadening its scope for further innovation. “There is an increasing…
The Colombo City Centre is now the site of a brand new “W” Showroom, brought by D. Samson & Sons (Pvt.) Ltd a member of the DSI Samson Group. The third in the line of showrooms in Sri Lanka, it was opened on the 28th of January 2019. “W” stores are also located in Kandy…
In another pioneering venture in Sri Lanka’s motor industry, Toyota Lanka (Pvt) Ltd, the sole authorized dealer for Toyota vehicles and spare parts in the country partnered with Hatton National Bank to introduce a range of specialized services for mutual customers. The Memorandum of Understanding between the two corporate giants was signed at HNB Towers…
According to the World Health Organization an estimated 1.6 million deaths in 2016 were directly caused by diabetes. Dubbed the “silent killer”, the disease is a major cause of lower limb amputation. Combined with reduced blood flow, neuropathy (nerve damage) in the feet increases the chance of foot ulcers and the eventual need for amputation….
In an effort to drive digital and financial inclusivity, Mobitel recently launched mCashQR, as an additional component to its mCash mobile app. By using a Quick Response (QR) code, users can make transactions with greater speed, ease and convenience. The mCash app allows customers to top up, withdraw mCash and send cash to other users…
Capital TRUST Holdings Limited has received the ‘Asia’s Greatest Brands 2018’Award in the ‘Diversified’ category. Further, Tushan Wickramasinghe, Chairman/CEO, Capital TRUST Holdings Limited has received the ‘Asia’s Greatest Leaders 2018’ Award. The awards were presented at the tenth edition of the Asian Business and Social Forum, Pride of Asia Series Awards and Business Summit and…
Dr. Rasitha Wickramasinghe, of STAX Colombo, discusses private equity (PE), due diligence and challenges faced by Sri Lankan corporates in attracting PE funding. Q: Private equity is not very common in Sri Lanka, could you explain how a fund works? A: A private equity firm (or PE fund) is a pool of money set up…
~ Recognizes Wickramarachchi Hearing Care for Outstanding Technological Advancements In recognition of Sri Lanka’s outstanding technical advancements in the fields of audiology and hearing care, world-renowned hearing aid manufacturer Signia recently launched its latest innovation for the first time in Asia, at a gala ceremony held at Shangri-La Colombo. The event to launch “Styletto” was…
~ 20% down-payment and balance on possession of home Believing that every home buyer should be given an opportunity to enhance his or her lifestyle by helping them customize their cash flows, Iconic Galaxy recently announced a first-of-its-kind, easy financing option for the aspiring home buyer. Valid for another month, the offer enables an apartment…
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