Featured News

The next edition of HSBC Colombo Fashion Week signals the second phase of fashion development: 27th Feb to 2nd March

Hilton, Shangri-La and Galle Face Hotel to host   Founded in 2003 with a vision to impact, define and revive the fashion design industry of Sri Lanka, Colombo Fashion Week, popularly known as CFW enters its 16th year with an expanded plan to shift gears and take the fashion design industry of Sri Lanka to…

(0)Comments | February 11, 2019 4:13 pm

Embark cares for over 10,000 street dogs in 2018

Embark – Sri Lanka’s fashion brand and community animal welfare program, concluded another busy year in 2018, having provided medical care for over 10,000 dogs through vaccinations and sterilizations. For the past 11 years Embark has worked tirelessly to improve the lives of Sri Lanka’s street dogs. Working with veterinary partners as well as through…

(0)Comments | February 11, 2019 1:37 pm

Amãna Bank relocates its Oddamavadi Branch

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…

(0)Comments | February 11, 2019 1:18 pm

99X Technology, creator of 350,000+ download Serverless DynamoDB, appointed as AWS partner

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…

(0)Comments | February 11, 2019 1:12 pm

Popular Indian fashion brand ‘W’ arrives at Colombo City Centre

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…

(0)Comments | February 11, 2019 1:07 pm

Toyota Lanka signs MOU with HNB – Introduces Toyota Branded Credit Card

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…

(0)Comments | February 11, 2019 12:45 pm

Beta Diabetic Footwear Solutions – ‘Your Feet, Our Concern’

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….

(0)Comments | February 11, 2019 12:40 pm

Mobitel broadens the country’s electronic payments landscape by introducing mCashQR

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…

(0)Comments | February 11, 2019 12:27 pm

Capital TRUST Holdings Limited Sri Lanka recognised amongst ‘Asia’s Greatest Brands 2018’

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…

(0)Comments | February 11, 2019 10:29 am

A controlling mindset and limited ambition hinder flow of private equity to local businesses – Dr. Rasitha Wickramasinghe, STAX Colombo

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…

(0)Comments | February 11, 2019 10:27 am