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SEC approves Sri Lankans overseas to invest in ‘Ceylon Dollar Bond Fund’

The Securities and Exchange Commission (SEC) has granted approval for Sri Lankans living overseas to invest in the ‘Ceylon Dollar Bond Fund’ (CDBF) thereby extending the opportunity to Sri Lankan Diaspora communities and expatriate workers domiciled abroad. CDBF rated BB- by Fitch Ratings, targets attractive yields available on Sri Lanka Dollar Bonds while giving investors…

(0)Comments | September 24, 2014 7:52 pm

Asiri Surgical puts Sri Lanka on global map with revolutionary heart surgery procedures

New techniques include minimally invasive and off pump or beating heart surgery With a ground-breaking alternative to conventional bypass surgery now available at the Asiri Surgical Hospital, patients with coronary artery disease/blockages can opt for the minimally invasive surgery that lowers the risk of post-surgery infection and bleeding, ensures shorter recovery time and faster return…

(0)Comments | September 24, 2014 7:42 pm

Amãna Bank successfully conducts Inter-Branch Department Quiz

The Annual Inter-Branch & Department Quiz Competition of Amãna Bank was recently held for the second consecutive year at the Park Premier Conference Hall amidst the presence of a large gathering of the Bank’s employees. A total of 33 teams participated in this event representing the Bank’s island wide branch network and departments based in…

(0)Comments | September 24, 2014 7:34 pm

Virtusa named a major contender in Everest Group’s PEAK Matrix™ for IT Outsourcing in Banking and Financial Services

WESTBOROUGH, Mass: Virtusa Corporation (NASDAQ: VRTU), a global IT services company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has been named a “Major Contender” in Everest Group’s PEAK Matrix™ for IT Outsourcing in Banking and Financial Services. Virtusa was recognized, for the second consecutive year, as a key…

(0)Comments | September 24, 2014 1:41 pm

Mahapola Lotto salutes Nation’s War Heroes

The Sri Lanka Light Infantry of the Sri Lanka Army has lost over 3,800 personnel to the war on terror with over 4,000 others being rendered permanently disabled due to their battlefield wounds. Expressing a deep sense of respect and gratitude to these brave souls who have sacrificed life and limb for the nation, Mahapola…

(0)Comments | September 24, 2014 1:36 pm

Amana Global, Asset and Capital gear for growth, refreshes brand identity

Amana Global recently unveiled a sleek, new brand identity along with its partner companies, Amana Capital and Amana Asset Management, all under the Amana Holdings Limited umbrella. Having undergone a thorough brand and purpose transformation, the group reinvents itself under the same familiar name with a contemporary new outlook.  “Our interests stemmed from banking and…

(0)Comments | September 24, 2014 12:39 pm

Airtel Lanka launches the all new ‘Airtel App Store’ with over 10,000 Apps

First to launch an app store which contains a range local apps in Sinhala and Tamil This all new ‘Airtel App Store is also tailormade to support app developers in Sri Lanka  Colombo, September 22nd: Bharti Airtel, a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, today announced the…

(0)Comments | September 24, 2014 12:34 pm

ExcelSoft to implement ERP solutions at Quantum Clothing India

British apparel manufacturing firm Quantum Clothing Group Ltd. has awarded the implementation of Enterprise Resource Planning solutions for its Indian operation to Sri Lankan software firm ExcelSoft.  Quantum Clothing India, set up in area of 11.32 acres in Andhra Pradesh currently employs a 2100 workforce approximately. The India factory established in August 2010 commenced their…

(0)Comments | September 22, 2014 9:52 pm

Logiventures ‘Social!’ by Convertainers bags award

Logiventures Pvt. Ltd, the market leader and the trend setter in the container conversion industry in Sri Lanka, received the award for the “Most Innovative Stall” at the CONSTRUCT 2014 Award Ceremony for their newest life style concept “Social!” by Convertainers. Photo caption: Mr. Dhanushka Jayasuriya, Assistant Manager, Sales & Marketing, Logiventures Pvt. Ltd receiving the…

(0)Comments | September 22, 2014 9:45 pm

Noritake clinches Silver at National Productivity Awards

Noritake Lanka Porcelain Pvt Ltd (NLPL) recently clinched the Silver Award in the ‘Large Manufacturing’ category at the National Productivity Awards. There was no Gold award in this category and NLPL thus becomes the overall winner and highest scorer in this sector.  “We are delighted with this award which makes us the top winner in…

(0)Comments | September 22, 2014 9:40 pm