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Alliance Finance Company PLC Pioneers Sri Lanka’s First NBFI Green Bond to Drive Sustainable Development

Alliance Finance Company PLC (AFC), the pioneer and leader in sustainable finance, proudly announces the issuance of Sri Lanka’s first Green Bond by a Non-Banking Financial Institution (NBFI). This groundbreaking initiative reinforces AFC’s commitment to advancing Sri Lanka’s green economy and accelerating the transition towards a low-carbon, climate-resilient future. As an institution deeply rooted in…

(0) Comments | February 19, 2025 5:32 pm

Featured

Ceylinco Life pledges Rs 22.4 million for ‘Pranama’ scholarships in 2025

Policyholders advised to submit children’s applications before 30th April Sri Lanka’s leading life insurer Ceylinco Life has announced an allocation of Rs 22.4 million to be paid out as scholarships to high achieving young Sri Lankans in 2025, continuing a flagship rewards programme the company launched more than two decades ago. With this 24th edition…

(0) Comments | February 19, 2025 1:08 pm

‘CEAT Cares’ presents road safety equipment to 30 more schools

Thirty schools in Sri Lanka have received equipment for traffic and pedestrian management from CEAT Kelani Holdings, as the country’s leading tyre manufacturer concluded the 15th year of its road safety programme for school children. Each of these beneficiary schools received five signboards, 10 traffic cones and 10 traffic warden jackets for the use of…

(0) Comments | February 19, 2025 1:06 pm

Hayleys Solar Partners with Bluetti to Power Up Adventures Anytime, Anywhere Across Sri Lanka

Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, has secured exclusive distribution rights for Bluetti Power Stations in Sri Lanka. Available in three capacities—300W, 1000W, and 2400W—these innovative portable power stations are now available islandwide. The Bluetti Portable Power Station  delivers up to 10 years of optimal performance, built with a robust Lithium…

(0) Comments | February 19, 2025 12:47 pm

NDB Hosts Exclusive Customer Engagement Forum in Jaffna

NDB Bank recently hosted a successful Customer Engagement Forum at the North Gate Hotel, Jaffna. The exclusive event brought together 100 invitees, including the Bank’s top-tier clientele, SMEs, and aspiring exporters, fostering a dynamic platform for networking, learning, and growth. With the aim of further strengthening its relationships with customers in the northern region, the…

(0) Comments | February 19, 2025 12:27 pm

AIA Insurance recognized as the Best Life Insurance Company in Sri Lanka for the fifth year

AIA Insurance marks its fifth year of being recognized as the Best Life Insurance Company in Sri Lanka. Awarded by the internationally renowned Capital Finance International (CFI) and Global Banking and Finance Review (GBFR), these supreme achievements stand as a testament to AIA’s unwavering commitment to innovation, customer-centricity, and community empowerment in the face of…

(0) Comments | February 19, 2025 12:25 pm

Sarnia Estate – A Timeless Legacy of Beauty and Heritage

Nestled amidst the breathtaking landscapes of Uva, Sarnia Estate has stood the test of time, transforming from a coffee plantation in the 19th century into a beacon of the highest quality tea cultivations, while preserving its rich historical essence. Bordering the Randenigala Reservoir and the wild life sanctuary of Randenigala, Sarnia stands on the eastern…

(0) Comments | February 18, 2025 4:46 pm

Ogilvy’s Geometry Global Bags Double Effie Golds

Continues Award-Winning Streak for ‘Books that Keep on Giving’ Campaign Geometry Global, a Strategic Business Unit of the Ogilvy Group Sri Lanka, won two coveted Gold Awards at the recently concluded Effie Awards Sri Lanka 2024. The agency’s “Books that Keep on Giving” campaign for ProMate (Printxcel), a leading stationery manufacturer in Sri Lanka, secured…

(0) Comments | February 18, 2025 4:42 pm

HNB FINANCE strengthens presence with relocated branch in Mullaitivu

HNB FINANCE PLC, Sri Lanka’s leading integrated financial services provider, has announced the relocation of its branch in Mullaitivu on 23 December 2024. This initiative reflects the company’s commitment to enhancing accessibility and addressing the increasing demand for integrated financial services across the island. The new HNB FINANCE Mullaitivu branch is relocated at Main Street,…

(0) Comments | February 18, 2025 4:05 pm

Xiaomi Sri Lanka is ushering into the 5G era with cutting-edge innovation and AI with its Note 14 Series Launch

Xiaomi, the global technology leader, has officially launched the Redmi Note 14 Series in Sri Lanka at a press conference held at Cinnamon Life Colombo. The series introduces advanced innovations in photography, design, and performance. The launch event highlighted Xiaomi’s commitment to delivering high-quality, accessible technology. Speaking at the launch, Shubham Jangir, Country General Manager…

(0) Comments | February 18, 2025 4:02 pm

OREL IT wins top honour at Presidential Export Awards as the ‘Most Innovative Service Provider’

OREL IT, a global technology company, pushing the boundaries of cybersecurity, cloud solutions, and AI-powered digital innovations, has been honoured with the Most Innovative Service Provider of the Year at the 26th Presidential Export Awards (PEA) 2024. The ceremony, hosted by the Sri Lanka Export Development Board (EDB), took place at the Bandaranaike Memorial International…

(0) Comments | February 18, 2025 3:55 pm

Analysis

US Reciprocal Trade Policy Widens Range of Potential Tariff Outcomes

Fitch Ratings-Hong Kong/London-18 February 2025: The US administration’s inclusion of a broad range of factors in its assessment of whether trade relations with foreign trading partners are fair and reciprocal will increase uncertainty over the scale of tariffs that could be introduced, and which markets could be affected, says Fitch Ratings. Sovereigns that have significant…

(0) Comments | February 19, 2025 10:55 am

Priorities in Focus: Will Budget 2025 Address Sri Lanka’s Agricultural Challenges?

By Dr Manoj Thibbotuwawa and Dr Lakmini Fernando Public expenditure on agriculture as a share of total government spending has decreased from 6.4% to 2% between 2014 and 2023. The irrigation subsector receives most of the agricultural spending (41%), with subsidies accounting for a high 26%. Change to funding priorities necessary to address critical concerns….

(0) Comments | February 13, 2025 11:07 am

Arson, Oxygen & the Chinese!

By Prof. Samitha Hettige Chinese Astronauts (Taikonauts) in Shenzhou -19 recently simulated natural photosynthesis taking the human race one step forward on board China’s space station ‘Tiangong’. They for the first time produced oxygen & the ingredients for rocket fuel. Scientists believe that these are key steps essential for human survival & space explorations.  12…

(0) Comments | February 13, 2025 10:33 am
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