The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) and Chatham House, UK recently launched a major academic study on Chinese outbound investment and the Belt and Road Initiative (BRI). This study adopts an evidence-based approach to look at the broad benefits and costs of the BRI to recipients in order to improve…
Sysco LABS, in collaboration with IgniterSpace and Sri Lanka Association of Software and Service Companies (SLASSCOM), held a workshop with children from the Maharagama Boys Home to introduce them to STEM education. Sysco LABS sought to teach the fundamentals of engineering to the kids and help build a foundation from which they could explore their…
Driving further consolidation of its end-to-end supply chain solutions, EFL (Expolanka Freight) announced a rebranding of its Freeport operations under the new moniker: ‘EFL Global Freeport (Pvt) Ltd’. Representing the first private sector enterprise to be granted a license to operate as a Freeport in Sri Lanka, the Freeport’s recent rebranding flows from a continuous…
Leading e-commerce company, Daraz, is bringing 11.11, the ‘World’s Biggest Sale Day’, to Sri Lanka for the first time. The one-day sale is sponsored by Reckitt Benckiser, Unilever, Anchor, Samsung, Avirate, Browns and Co and Nivea – as well as Rakuten Viber as the messaging Partner. During the first mega event since the launch of…
~ McLarens crowned overall champions The 35th MBA Inter-Firm Team Badminton Championship 2018 was worked off at the Mercantile Badminton Courts over a period of 6 weeks recently. Organized by the Mercantile Badminton Association, the tournament saw the participation of more 237 teams representing 59 companies, which also included 50 national players. The event was…
~ Total Assets tops Rs 70 billion Amãna Bank continued its strong profit momentum for the year as its Profit After Tax for the 9 months ending 30 September grew significantly by 61% YoY to reach Rs 429.9 million from Rs 266.8 million recorded a year ago. The Profit Before Tax for the same period…
Furthering its mission to serve as a partner in progress to all Sri Lankans, leading local bank, HNB PLC announced that it would be working in collaboration with the Sri Lanka Water Partnership (SLWP) to introduce rainwater harvesting tanks to six schools in the Hatton and Talawakelle regions. In addition to providing and installing the…
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider has announced the launch of Yeheli.lk/Thozhi.lk, an anonymous messaging platform that connects users with expert advice, available on web and Android app. In simpler terms this platform digitally connects subject matter experts to user queries with an intelligent platform by Dialog. The service is offered in collaboration…
Launches co-branded credit card partnering with the Matale Old Thomians Association to benefit the esteemed institution DFCC Bank was the Platinum Sponsor for the Thomian Nite organised by the Matale Old Thomians Association recently, and is also supporting the Association in its journey to set up a school development fund. At the Thomian Nite, DFCC…
Altair, the apogee of Sri Lankan high-rise construction, was presented an Award of Excellence in the ‘Luxury Condominium’ category at the International Real Estate Finance Forum and Sri Lanka Property Exhibition in London, two events at which the country’s investment opportunities were showcased. The forum and exhibition were conducted in association with Research Intelligence Unit…
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