Lead Story
The Ministry of Foreign Affairs and the International Organization for Migration (IOM) – the UN Migration entity, on 18 April 2024, facilitated the voluntary return of eight (8) Sri Lankan migrants who were trafficked for forced criminal activities in the cyber scamming compounds in Myanmar. The Sri Lankan migrants have been forced into various cyber…
Featured
Daintee, the confectionary arm of Sunshine Consumer Lanka Limited (SCL), recently marked its 40th anniversary, highlighting four decades of excellence in crafting delicious sweets and confectionery delights for millions of Sri Lankans. The grand celebration, which took place on 1st April 2024, was graced by Sunshine Holdings Deputy Chairman Vish Govindasamy, Sunshine Consumer Lanka Chief…
HNB PLC, Sri Lanka’s leading private sector bank, recently announced its partnership with CICRA Campus, a renowned higher educational institution, to provide students with convenient payment schemes to pursue their academic and technical aspirations without financial constraints. The hallmark of this collaboration is the pioneering Study-Now-Pay-Later scheme, designed to alleviate the financial pressures on students…
Advancing a firm commitment to women’s health and sustainable practices, Femography by MAS embarked on a mission to combat period poverty by donating over 10,000 reusable period wear items to vulnerable communities across Sri Lanka. Launched in commemoration of International Women’s Day, the initiative seeks to address the critical need for accessible menstrual care and…
DFCC Junior – the exciting children’s savings account from DFCC Bank – recently launched e-gift Vouchers as part of its benefits scheme in partnership with thyaga.lk, Sri Lanka’s largest electronic gift voucher platform. A special event was held recently to mark the launch of e-Vouchers, which add an innovative new way for DFCC Junior accountholders…
𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗮𝗰𝗵𝗶𝗻𝗴 𝗪𝗲𝗲𝗸 is a FREE week-long virtual event for both aspiring and established coaches, hosted by The International Authority for Professional Coaching & Mentoring (IAPC&M). It will be from 13th- 17th May 2024. And anyone can join using the link https://coach-accreditation.services/icw-event/ It’s no secret, the coaching industry is well and truly on the rise……
The Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka) particularly focuses on educational initiatives for various target groups across the country. These include the general public, and schools and higher educational institutions in Sri Lanka. Through its Schools and Higher Education Institutions Outreach Programme, the MMCA Sri Lanka engages with preschools, schools,…
Program focused on Colombo and Northwest regions HNB TXB platform highlighted to assist businesses with seamless financial control Sri Lanka’s leading private sector bank, HNB PLC, recently reaffirmed its commitment towards empowering MSMEs (medium, small and micro enterprises) with an awareness program on financial control and scaling their businesses. Centred around their ground-breaking digital transaction…
In a historic collaboration, AIA Insurance and Commercial Bank held the official launch event for their exclusive bancassurance partnership, heralding a new era of financial security and unparalleled services for Sri Lankans. The partnership was unveiled amidst a digitally transformative launch event at the Shangri La Colombo, in the presence of distinguished guests from both…
Falckon Health, a leading Revenue Cycle Management (RCM) company, with clientele in the US and business processing in Sri Lanka, celebrated its 5th Anniversary with a gathering of stakeholders recently, marking its noteworthy growth trajectory and impressive milestones. The event which took place at its newly opened Sri Lankan operations centre located at Colombo 03,…
Serendib Flour Mills (SFML) demonstrated its unwavering commitment towards the well-being of employees and the broader community by distributing essentials to over 500 staff members recently. The dry ration packages consisted of a comprehensive array of staple goods carefully assembled to alleviate financial burdens and ensure food security for SFML’s dedicated workforce and their families…
Top News
The Commercial Bank of Ceylon has announced the integration of the Department of Commerce (DOC) with ‘ComBank Digital’ enabling online payments for services via LankaPay. As a result, businesses or individuals can now make secure real-time online payments for services such as registration of exporters, issuance of certificates of origin and other facilities offered by…
National Development Bank PLC, a leading financial institution committed to promoting gender equality and diversity, proudly announces its achievement of the Economic Dividends for Gender Equality (EDGE) certification for the third certification cycle. This prestigious recognition underscores NDB’s ongoing dedication to creating an inclusive workplace and its commitment to fostering gender equality across all levels…
Janashakthi Life, one of the leading life insurance companies in Sri Lanka, has recorded remarkable growth in profitability for the financial year 2023. Marked by a record profit before tax of LKR 5.2 billion, along with a resounding growth of 201% in profit after tax compared to 2022. This achievement is the highest in the…
The SLASSCOM Women in Tech Conference 2.0, held in collaboration with the International Finance Corporation (IFC) and the Government of Japan, was a landmark event in promoting gender equality in the IT & BPM sector. As the first-ever women in tech conference, held for the 2nd Consecutive year in Sri Lanka, it convened industry leaders,…
The State-Owned Enterprise Restructuring Unit (SRU) of the Finance Ministry has officially released the names of the local and foreign firms that have submitted responses to the respective requests for quote and the shortlisted bidders for the divestiture of shares held by the Government of Sri Lanka in several key state-owned enterprises (SOEs). Issuing a…
Aitken Spence Hotels has once again ranked among the top companies in LMD’s Most Awarded Hall of Fame, solidifying its position as one of the most distinguished entities in Sri Lanka. Garnering an impressive tally of 52 awards throughout 2023, the Company secured the first place in hospitality sector and fourth place among the nation’s…
HVA Foods PLC, a member of the George Steuart Group, is pleased to announce the following appointments to its Board of Directors. Accordingly, Graham Stork has taken up duties as Director and Chief Executive Officer, while Samantha Ranatunga has taken up duties as Independent Non-Executive Director & Chairman. Heladiv is HVA Foods PLC’s globally renowned…
Combined Strengths to deliver superior experience to customers and improve returns to shareholders. Dialog Axiata PLC (“Dialog”), Axiata Group Berhad (“Axiata”) and Bharti Airtel Limited (“Bharti Airtel”) (collectively “the Parties”), signed a Definitive Agreement to combine their operations in Sri Lanka. Under this agreement, Dialog will acquire 100% of the issued shares in Airtel Lanka,…
Analysis
Chinese Leader Xi Jinping last week met fellow Chinese Ma Ying-jeou. During the meeting President Xi expressed grief over the loss of lives in the earthquake in Hualien & extended his sympathies to the fellow Chinese affected. He spoke of the 5000 year history of the Great Chinese Empire & the historic bonds between the…
The Chairman of the Colombo Stock Exchange (CSE) discusses the opportunities for capital raising and Stock Market Outlook for 2024. Give us an overview of the current market landscape and discuss the CSE’s overall outlook for the year 2024. We believe the overall outlook of the CSE, for the year 2024 to be a positive…
By Prof. Samitha Hettige Some Sinhalese & Tamils will celebrate the Sinhala – Hindu NY showcasing the historic bond in the weekend while a minority is struggling to continue the dispute using ‘Kurundi’ lands. The ‘Kurundi’ monastery constructed in the 1st century BC is considered sacred as the Buddha had visited the site during his…
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