One of the main challenges faced by the financial sector is quantitative assessment of future risk. Financial risk can arise due to unpredictable nature of factors such as interest rate and default rate. An insurance company, on the other hand, is exposed to a multitude of additional risks such as mortality, longevity, and natural hazards….
Puritas, the subsidiary of Haycarb a Group member of Hayleys PLC is once again the Personal Protection Partner of the Colombo Motor Show. The largest international automobile event in Sri Lanka, the Colombo Motor Show 2017 was opened under the patronage of Chief Guest Honourable Harin Fernando, Minister of Telecommunication and Digital Infrastructure, and is…
Bernard Botejue Industries (Pvt.) Ltd, Sri Lanka’s oldest apparel manufacturer and pioneer in garment sector, recently commemorated the 25th anniversary of its Bernard Botejue Kolonna plant. The plant which was established in a remote village in 1992 has made a tremendous impact on Kolonna locality, uplifting the rural economy by offering successful career opportunities to…
D P Kumarage, CEO of the leading non-bank finance company People’s Leasing & Finance PLC bade adieu to his 20 year vibrant career. Kumarage is the leader and cynosure who took PLC to greater heights to position it as the leading non-bank finance sector in the country. A farewell ceremony was held at PLC head…
Singer Sri Lanka PLC, the country’s leading retailer and distributor of branded household products and exclusive national distributor of the leading smartphone brand in Sri Lanka – Huawei, recognized their top performing dealers at the Singer Digital Awards 2017 gala celebration. The awards ceremony was conducted ceremoniously at Water’s Edge under the patronage of CEO…
In an effort aimed at helping Sri Lanka’s IT/BPM industry reach the USD 5 billion mark by 2022, the country’s primary IT/BPO chamber, the Sri Lanka Association of Software and Service Companies (SLASSCOM) together with ICT Norway (IKT-Norge) kicked off a fresh initiative to empower startups in the country. SLASSCOM and ICT Norway have come…
Fairway Colombo, the city hotel of Fairway Holdings, one of Sri Lanka’s leading business conglomerates, is taking the initiative to promote local art and jazz in the city of Colombo. This follows the successful launch of Fairway Colombo Street Food Festival in March 2017, which has become a must visit event in the social calendar…
Amãna Bank has joined hands with the Sri Lanka Gem and Jewellery Association to be its Official Banking partner for FACETS, Sri Lanka’s pinnacle International Gem and Jewellery Exhibition. Held for the 27th consecutive year, the 2017 edition of FACETS is to take place from 31 August 2017 to 03 September 2017 at the BMICH…
WESTBOROUGH, Mass., – Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, announced that it has been positioned by Gartner, Inc. in the Visionary quadrant of the 2017 Magic Quadrant for IT Services for Communications Service Providers (CSPs), Worldwide. The report, published on July…
‘A smile in the middle of the way’ – an exhibition showcasing the lives of Mexican artists Diego Rivera and Frida Kahlo, organized by the Mexican Consulate on behalf of the Mexican Embassy, will be held from 1 to 3 September at the Faculty of Visual & Performing Arts, Horton Place, Colombo 07. The exhibition…
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