Featured News

Dialog Awarded Sri Lanka’s Most Valuable Brand by Brand Finance for the Second Consecutive Year

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable Brand’ for the second consecutive year by Brand Finance, the world’s leading independent brand valuation consultancy, at the 17th edition of its annual review. Dialog also retained its brand rating of AAA for the sixth consecutive year and the…

(0)Comments | June 30, 2020 10:54 am

Fairfirst Insurance Chief Financial Officer appointed to Supervisory Board of BIC Vietnam

Ravishankar Wickneswaran, Chief Financial Officer, has been appointed onto the Supervisory Board of BIC Vietnam. Ravishankar is a qualified finance professional in the Financial sector and has served at Fairfirst Insurance for over seven years. BIC (Bank for Investment and Development of Vietnam Insurance Company) is the insurance joint-venture of Fairfax with the largest bank…

(0)Comments | June 29, 2020 8:22 pm

Next@Acer launches new product line for 2020

Annual global press conference held online via Taipei Taiwan Event titled Rock, Paper, Scissors represented different product lines New products designed for education, gaming and creative uses Acer announced the launch of its new suite of premium notebooks, desktops, and monitors at the recently held Next@Acer virtual press conference from Taipei, Taiwan. The newest lineup…

(0)Comments | June 29, 2020 8:16 pm

IT security checklist for your organisation post lockdown

By Chester Wisniewski:: The unplanned shift to working from home caught many IT departments by surprise, which inevitably led to a lot of security concerns. Do we have enough VPN capacity? Did everyone bring their laptop home? Can we manage software updates with machines on home WiFi networks? While this certainly wasn’t something most of…

(0)Comments | June 29, 2020 8:03 pm

HNB declared Best Retail Bank in Sri Lanka for 11th occasion at Asian Banker Awards 2020

Hatton National Bank PLC (HNB) was declared the Best Retail Bank in Sri Lanka at the prestigious Asian Banker Excellence in Retail Financial Services Awards 2020, marking the 11th occasion that bank has emerged as winners. The award was presented to HNB in recognition of the bank’s sustainable growth and continuous improvements in processes, products…

(0)Comments | June 29, 2020 7:59 pm

HNB Remittance reports rapid increase in digital remittances

Records 15% YoY increase in digital remittances during COVID lockdown 10% increase in cardless remittance withdrawals across entire ATM network Sri Lanka’s most technologically innovative bank HNB PLC reported a smooth transition to contactless remittance transactions parallel to rising demand for digital remittances and cardless withdrawals during the coronavirus lockdown. The bank recorded a 15%…

(0)Comments | June 29, 2020 5:58 pm

Fitch Affirms and Withdraws People’s Leasing and Finance PLC’s IDRs

Fitch Ratings has affirmed and withdrawn Sri Lanka-based People’s Leasing and Finance PLC’s (PLC) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of ‘B-‘. The Outlook is Negative. The affirmation of PLC’s IDRs reflects that there have been no material changes from our previous review on 10 June 2020. This rating action does not affect…

(0)Comments | June 29, 2020 3:48 pm

LSEG Technology ranked as one of the largest export brands in Sri Lanka for 6th consecutive year

LSEG Technology was recently recognized among the top 10 best export brand in Sri Lanka by Brand Finance and LMD. Appearing in this prestigious listing for the sixth consecutive year, LSEG Technology continues to be recognised both locally and internationally for its brand strength.  For over two decades, LSEG Technology have been one of the…

(0)Comments | June 29, 2020 3:35 pm

Emirates to resume passenger flights to Malé from 16 July

Also adds Cairo, Tunis and Glasgow, bringing network to over 50 cities in July Dubai, UAE, 29 June 2020 – Emirates has announced it will resume passenger flights to Malé, the capital of the Maldives, from 16 July, as the airline continues to add travel options for customers by re-starting passenger flights to Cairo (from…

(0)Comments | June 29, 2020 2:09 pm

CICT launches ‘Hope Village Project’ in Sri Lanka with Rs 17 million Community Centre for Pannila

A building for a community centre that will provide multiple essential services to some 2000 people living in Pannila near Horana began to take shape this week under a unique new community initiative launched in Sri Lanka by Colombo International Container Terminals (CICT) with an initial commitment of Rs 17 million. The two storey building…

(0)Comments | June 29, 2020 10:50 am