Emerging Media receives SLIM Silver Award for SME Local Brand of the Year

Emerging Media receives SLIM Silver Award for SME Local Brand of the Year »

10 Dec, 2019

Emerging Media Pvt. Ltd. was announced as the winner of the SLIM 2019 Silver Award for the SME Local Brand of the Year. Several organizations gathered at the SLIM Brand Excellence Awards ceremony held at the Shangri-La Hotel,

Watch out for the Grand Christmas Sale on Daraz.lk

Watch out for the Grand Christmas Sale on Daraz.lk »

10 Dec, 2019

Giving is an important part of the Christmas spirit, which is shared among family and friends, and the Daraz Grand Christmas 12.12 Sale offers customers the chance to join in the ‘Joy of Gifting’ without having to leave the comfort of their homes.

Timely addition of Intelligent Cloud to SLT Akaza with Microsoft Azure Stack

Timely addition of Intelligent Cloud to SLT Akaza with Microsoft Azure Stack »

10 Dec, 2019

Sri Lanka Telecom (SLT), the foremost ICT and digital lifestyle facilitator in the country with an expanding customer base over eleven millions varying from multinational corporations to retail and domestic customers,

Seylan Bank’s Rs 4.9 bn rights issue, fully subscribed

Seylan Bank’s Rs 4.9 bn rights issue, fully subscribed »

10 Dec, 2019

Seylan Bank PLC closed its Rights Issue of new ordinary voting shares and new ordinary non-voting shares to its shareholders on November 29 and the issue was fully subscribed by its shareholders.

Pannipitiya Private Hospital expands residential treatment with new luxury room complex

Pannipitiya Private Hospital expands residential treatment with new luxury room complex »

10 Dec, 2019

Pannipitiya Private Hospital which holds a reputed name in the health sector for over 20 years in Sri Lanka opened its new luxury room complex with modern amenities recently.

Cinnamon Air launches daily domestic flights

Cinnamon Air launches daily domestic flights »

10 Dec, 2019

Cinnamon Air (www.cinnamonair.com), Sri Lanka’s premier domestic airline, gears up to meet the demand for domestic air travel this Winter (Northern Hemisphere) by introducing their latest daily scheduled flight routes from Sigiriya and Kandy to Sri Lanka’s Southern coastal cities,

Sysco LABS honored at SLASSCOM Innovation Awards

Sysco LABS honored at SLASSCOM Innovation Awards »

10 Dec, 2019

Sysco LABS was honored at the SLASSCOM Innovation Awards 2019; for the restaurant technology platform CAKE. CAKE's Unified Data Platform won 1st runner up in the 'Best Technology or Framework Innovation' category.

Emirates to serve Christmas meals to travellers

Emirates to serve Christmas meals to travellers »

10 Dec, 2019

Business News Update: The festive spirit is in full swing as Emirates prepares to serve 500,000 Christmas meals across all classes

Isobar Sri Lanka clinches ‘Digital Agency of the Year’ Silver award at Campaign Asia

Isobar Sri Lanka clinches ‘Digital Agency of the Year’ Silver award at Campaign Asia »

10 Dec, 2019

Isobar Sri Lanka, a leading full-service digital agency part of the global giant Dentsu Aegis network, recently won the Digital Agency of the Year silver in Campaign Asia’s South Asia edition of the awards, held in Mumbai last week.

Ellawala Horticuture bags three awards at Mahaweli Entrepreneurship Presidential Awards

Ellawala Horticuture bags three awards at Mahaweli Entrepreneurship Presidential Awards »

10 Dec, 2019

Ellawala Horticulture(Pvt) Ltd, gold award winning entrepreneur of Anuradhapura district in 2018, made history again by taking 3 coveted awards at Mahaweli Entrepreneurship Presidential Awards - 2019 held at BMICH, recently, with former President Maithriepala Sirisena taking part as the chief guest.

Dr. Mobius to make presentation today

Dr. Mobius to make presentation today »

10 Dec, 2019

Legendary investor Dr. Mark Mobius will give a presentation today at the Cinnamon Grand Colombo on' Emerging Markets and the Growth Trajectory of Sri Lanka.' John Keells Holdings has organized the invitee-only event.

Mahindra & Mahindra with Ideal Motors launches Mahindra Furio ICV Trucks

Mahindra & Mahindra with Ideal Motors launches Mahindra Furio ICV Trucks »

9 Dec, 2019

Mahindra & Mahindra Ltd, part of the US$ 20.7 billion Mahindra Group, in association with its Sri Lankan partner Ideal Motors (Pvt) Ltd., part of the Ideal Group, launched the Mahindra Furio, its intermediate commercial trucks, in Sri Lanka recently.

LCB Finance opens at Negombo

LCB Finance opens at Negombo »

9 Dec, 2019

LCB Finance, adjudged as the Emerging Finance Company of the Year at the recently concluded South Asia Business Excellence Awards, opened their 8th branch in Negombo recently. Mayor of Negombo Dayan Lanza was the Chief Guest at the opening.

Sri Lanka Insurance Life records 13.59 % growth in 3Q

Sri Lanka Insurance Life records 13.59 % growth in 3Q »

9 Dec, 2019

Sri Lanka Insurance records a rigorous growth of 13.59% surpassing the industry growth in the life insurance sector for the period ended September 30, 2019. Sri Lanka Insurance Life achieved total gross written premium of Rs. 11.03 billion maintaining the positive momentum of the life insurance industry.

KPMG Global to invest US$5 bn on digital leadership in professional services

KPMG Global to invest US$5 bn on digital leadership in professional services »

9 Dec, 2019

KPMG Global announced investments in technology, people and innovation, and expects to spend US$5 billion over the next five years to enhance its leadership position in the digital transformation of professional services.

Jaffna International Trade Fair from January 2020

Jaffna International Trade Fair from January 2020 »

9 Dec, 2019

The Jaffna International Trade Fair (JITF), the multi-faceted gateway to the north, will bring together some of Sri Lanka’s favorite brands and services. The wide range of products for sale and display will give an opportunity for all stakeholders to enter one of Sri Lanka’s largest untapped markets.

Abans wins silver at Annual Report Awards

Abans wins silver at Annual Report Awards »

9 Dec, 2019

Abans PLC won the Silver Award under the Trading Companies category for the second consecutive year at the 55th Annual Report Awards 2019 conducted by the Institute of Chartered Accountants of Sri Lanka at a ceremony held on December 3, at Shangra-La Colombo.

Smart Media appointed Training Foundation Partner for Integrated Reporting

Smart Media appointed Training Foundation Partner for Integrated Reporting »

9 Dec, 2019

Smart Media The Annual Report Company has been appointed a Training Foundation Partner for integrated reporting by the International Integrated Reporting Council (IIRC).

Access Motors and Council for Business with Britain (CBB) fundraiser felicitates Kumar Sangakkara

Access Motors and Council for Business with Britain (CBB) fundraiser felicitates Kumar Sangakkara »

9 Dec, 2019

Access Motors, together with The Council for Business with Britain (CBB), which is part of the Chamber of Commerce, hosted a fundraising event to felicitate Sri Lankan cricketing icon Kumar Sangakkara at the Shangri-La Hotel, Colombo recently.

ISM APAC held its CSR initiative ‘Sipsatharata Arunellak’ 2019 on a grand-scale

ISM APAC held its CSR initiative ‘Sipsatharata Arunellak’ 2019 on a grand-scale »

6 Dec, 2019

Engaged in an ever-evolving knowledge-based industry, ISM APAC very recently concluded its annual corporate social responsibility programme ‘Sipsatharata Arunellak’ on a grand-scale this time around, as part of its ambitious plans to uplift education by developing underprivileged schools across Sri Lanka.

SriLankan Airlines wins Future Travel Experience award

SriLankan Airlines wins Future Travel Experience award »

4 Dec, 2019

SriLankan Airlines received yet another global accolade based on passenger ratings when it won the Passenger Choice Award for ‘Best Wi-Fi for Central Asia’ from the Airline Passenger Experience Association (APEX) at the Future Travel Experience Asia Awards 2019 held in Singapore recently.

Oman Based “Salamair” Launches Its First Flight To Sri Lanka

Oman Based “Salamair” Launches Its First Flight To Sri Lanka »

4 Dec, 2019

Oman’s fastest-growing value-for-money airline, SalamAir launched its first direct flight to Sri Lanka on 25 November 2019 from Muscat to Colombo.

Industry leaders comment on SME Board of Colombo Stock Exchange

Industry leaders comment on SME Board of Colombo Stock Exchange »

3 Dec, 2019

The Empower SME Board of the Colombo Stock Exchange is a crucial medium when it comes to helping smaller companies attract investment and also for investors looking to invest in companies that are in their earlier stages.

HNB offers exciting discounts on return air tickets at findmyfare.com

HNB offers exciting discounts on return air tickets at findmyfare.com »

2 Dec, 2019

Sri Lanka’s most customer-friendly bank HNB PLC made further progress in its mission to connect local travelers to exotic international destinations with the announcement of a new partnership with premier online travel partner findmyfare.com.

ComBank enhances online shopping experience on fashionbug.lk

ComBank enhances online shopping experience on fashionbug.lk »

2 Dec, 2019

Fashion Bug, a leading clothing retailer in the country, has appointed the Commercial Bank of Ceylon as its Internet Payment Gateway (IPG) service provider, enhancing its website’s security and user friendliness for online shoppers.

Pan Asia Bank sponsors National Chamber and NEDA for “Western Province Entrepreneurship Awards”

Pan Asia Bank sponsors National Chamber and NEDA for “Western Province Entrepreneurship Awards” »

27 Nov, 2019

Pan Asia Bank, one of Sri Lanka’s fastest growing commercial banks joined hands with the National Chamber of Commerce of Sri Lanka and National Enterprise Development Authority to sponsor “Western Province Entrepreneurship Awards ceremony 2019” which was concluded in a grand scale at Sri Lanka Foundation premises on 30 October 2019.

Special Life Protection Cover From Allianz Insurance; Exclusively For Nations Trust Bank American Express Cardmembers

Special Life Protection Cover From Allianz Insurance; Exclusively For Nations Trust Bank American Express Cardmembers »

27 Nov, 2019

Nations Trust Bank American Express Cardmembers can now enjoy exclusive Life Protection Covers from Allianz Insurance. Under this new scheme, Cardmembers are entitled to an insurance cover in the event of an untimely death or total permanent disability.

DFCC Bank Strengthens SME Partnerships with the launch of ‘Viyapaara Sahaya’

DFCC Bank Strengthens SME Partnerships with the launch of ‘Viyapaara Sahaya’ »

27 Nov, 2019

DFCC Bank, the bank for everyone launched the very first DFCC ‘Viyapaara Sahaya’ SME program at Grand Monarch, Thalawathugoda recently. Over fifty entrepreneurs from Kottawa, Piliyandala, Maharagama & Gangodawila areas were present at the inaugural interactive workshop.

Serendib Finance Dambulla Branch moves to spacious new office

Serendib Finance Dambulla Branch moves to spacious new office »

27 Nov, 2019

Serendib Finance Ltd., a fully-owned subsidiary of the Commercial Bank of Ceylon PLC, recently relocated its Dambulla branch to a spacious new building, and has announced higher interest rates for fixed deposits.

Akurana Goes Digital with Bank of Ceylon

Akurana Goes Digital with Bank of Ceylon »

27 Nov, 2019

The Bank of Ceylon’s Akurana branch in the Central Province was relocated recently to add convenience together with novel digital banking technology to customers in the area. BOC Akurana was ceremoniously opened at the 151A, Matale Road, Akurana.

Amana Bank Amongst The Lmd Top 100

Amana Bank Amongst The Lmd Top 100 »

27 Nov, 2019

The LMD 100, has been ranking the Top Sri Lankan listed corporates for the last 25 years. Ranked at 95th position, Amana Bank is the youngest listed company to be among the LMD 100 in 2018.

The Embassy of Sri Lanka in Turkey Host Networking Reception to Boost B2B Contact between Sri Lanka –Turkey Travel Agents

The Embassy of Sri Lanka in Turkey Host Networking Reception to Boost B2B Contact between Sri Lanka –Turkey Travel Agents »

27 Nov, 2019

The Embassy of Sri Lanka in Turkey organized business networking reception for the visiting Sri Lankan travel trade delegation participated at the EXPO Travel Ankara fair 2019 at the Embassy on 14th November 2019.

Sri Lanka Participated at the Annual Tea Festival at Royal Botanical Gardens, Burlington, Ontario

Sri Lanka Participated at the Annual Tea Festival at Royal Botanical Gardens, Burlington, Ontario »

22 Nov, 2019

The Consulate General of Sri Lanka in Toronto participated in the fourth annual Tea Festival held at the Royal Botanical Gardens, Burlington, Ontario from 9th to 10th November 2019.

SriLankan Airlines IT team wins two National Awards for in-house innovations »

18 Nov, 2019

SriLankan Airlines was commended and recognized at the National ICT Awards – NBQSA 2019 Ceremony held on 11th October 2019 for the talent and innovation of its IT staff, winning the Bronze and Merit Awards in the ‘In-House Application’ category.

Power World Gyms opens its 26th fitness center at Arangala

Power World Gyms opens its 26th fitness center at Arangala »

18 Nov, 2019

With the motive of bringing fitness and healthy lifestyle choices to every neighborhood, Power World Gyms recently declared open its full-fledged fitness center at Arangala, Malabe.

Participation of Sri Lankan Companies at Productronica 2019

Participation of Sri Lankan Companies at Productronica 2019 »

18 Nov, 2019

The Sri Lanka Export Development Board (EDB) has organized a Sri Lanka pavilion at “PRODUCTRONICA 2019” from 12th – 15th November 2019 at MESSE MÜNCHEN, Germany with the assistance of Embassy of Sri Lanka in Germany and Consulate General of Sri Lanka in Frankfurt.

Corporates vie for honours at CSE masterminds 2019

Corporates vie for honours at CSE masterminds 2019 »

15 Nov, 2019

The third edition of Sri Lanka’s only capital market quiz - CSE masterminds organized by the Colombo Stock Exchange (CSE) was recently held at the Waters Edge Hotel with NDB Investment Banking group emerging as the winner of the overall competition.

CILT Opens Trading at CSE to Celebrate Centenary Year

CILT Opens Trading at CSE to Celebrate Centenary Year »

15 Nov, 2019

The Chartered Institute of Logistics and Transport (CILT) recently rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) to mark the organization’s centenary year.

Sri Lanka’s highest value ever in FDI via strategic investment in petroleum refinery

Sri Lanka’s highest value ever in FDI via strategic investment in petroleum refinery »

15 Nov, 2019

Sri Lanka’s geographical locational advantage between Singapore and the Middle East, and the availability of a new deep-water Port in Hambantota make the island an optimum location for establishing export oriented Petroleum and other commodity processing facilities.

Costa Victoria makes her debut call at the port of Colombo

Costa Victoria makes her debut call at the port of Colombo »

15 Nov, 2019

Costa Victoria, the Victoria class cruise ship operated by Italian Cruise company Costa Criciere, Europes, which is a leading cruise company in Venice,

LOT Polish Airlines makes its inaugural flight to Sri Lanka

LOT Polish Airlines makes its inaugural flight to Sri Lanka »

15 Nov, 2019

‘’LOT’’ Polish Airlines, a modern airline connecting Central and Eastern Europe, made its inaugural flight to Sri Lanka from Warsaw to Colombo on 4th November 2019. The new aircraft received the traditional water cannon salute on its landing, which was one of the special occasions to be seen in the field of Airport & Aviation.

ComBank opens Automated Banking Centre at One Galle Face mall

ComBank opens Automated Banking Centre at One Galle Face mall »

13 Nov, 2019

The Commercial Bank of Ceylon has commissioned a state-of-the-art Automated Banking Centre (ABC)at the One Galle Face mall, offering visitors 24-hour access to the Bank’s services.

Nations Trust Bank American Express Partners With “Sri Lankan Art 2019” For The 9th Consecutive Year

Nations Trust Bank American Express Partners With “Sri Lankan Art 2019” For The 9th Consecutive Year »

13 Nov, 2019

Nations Trust Bank American Express partnered with the George Keyt Foundation for the 9th consecutive year to host “Sri Lankan Art 2019”; an exhibition and sale of contemporary Sri Lankan art. Through this partnership,

Ceylon Chamber to promote trade, investments with Nepal

Ceylon Chamber to promote trade, investments with Nepal »

7 Nov, 2019

The Ceylon Chamber of Commerce (CCC) yesterday entered into a Memorandum of Understanding (MoU) with the Chamber of Commerce and Industry Chitwan, (CCIC) Nepal to further promote trade, investment and tourism activities between two countries.

LOT Polish Airlines resumes flights to Sri Lanka

LOT Polish Airlines resumes flights to Sri Lanka »

7 Nov, 2019

LOT Polish Airlines announced to boost the tourism sector in Sri Lanka that it will operate direct flights from Warsaw to Colombo from November 3. LOT will fly seasonally from Warsaw to Sri Lanka with three weekly flights on its new Boeing 787-9 Dreamliners fleet between November 3 and March 28.

KPMG Sri Lanka to host MESA Partners’ Conference

KPMG Sri Lanka to host MESA Partners’ Conference »

7 Nov, 2019

The 18th KMPG MESA Partners Conference with the theme “Re-inventing to meet clients’ agenda,” brings together the partners of KPMG in the Middle Eastern and South Asian region.

Elpitiya Plantations making its mark as world’s leading sustainable plantation by 2025

Elpitiya Plantations making its mark as world’s leading sustainable plantation by 2025 »

7 Nov, 2019

Steeped in the tradition of harmonious coexistence with nature, Elpitiya Plantations is no stranger to the concept of sustainability. As one of the leading plantation companies in Sri Lanka, with a diversified portfolio of crops, Elpitiya is the custodian of decades of agro-economic knowledge that generates a continuous stream of wealth for the national economy,

Softlogic Finance appoints Aaron Russell-Davison new Chairman

Softlogic Finance appoints Aaron Russell-Davison new Chairman »

7 Nov, 2019

Softlogic Finance PLC one of the country’s leading financial services firms, has formally appointed Mr Aaron Russell-Davison as its new Chairman, effective from 24 October 2019. He succeeds Mr Ashok Pathirage who resigned as Chairman of the Board of the Company after serving the regulatory maximum period of nine years.

Few more days for the World’s Biggest Online Sale

Few more days for the World’s Biggest Online Sale »

7 Nov, 2019

The Daraz 11.11. The sale will take place live at midnight on 11 November, bringing online shoppers the best discounts and deals of the year. From categories such as Fashion, Electronics, Mobile Phones and Accessories, Lifestyle and FMCG, the sale will bring up to 80 percent discounts on a wide range of local and international brands.

CEVA Logistics strengthens its presence in Sri Lanka with a new operation

CEVA Logistics strengthens its presence in Sri Lanka with a new operation »

7 Nov, 2019

As it further extends its capabilities across Asia, CEVA Logistics has set up a new operation in Sri Lanka officially opening the CEVA Sri Lanka office for business today. With the new set up, CEVA Sri Lanka will service clients in both the island nation and in the Maldives.

Covering the island first- Rhino Roofing launches roofing.lk for the first time in Sri Lanka

Covering the island first- Rhino Roofing launches roofing.lk for the first time in Sri Lanka »

7 Nov, 2019

Pioneering an industry-first, Rhino Roofing Products Limited is proud to have launched the island’s first-ever online roofing products store accessible via www.roofing.lk

Sri Lankan IT/BPM Companies Participate at the CEBIT Australia – 2019 Exhibition in Sydney

Sri Lankan IT/BPM Companies Participate at the CEBIT Australia – 2019 Exhibition in Sydney »

6 Nov, 2019

Consulate General of Sri Lanka in Sydney in collaboration with the Export Development Board (EDB) and the Information and Communication Technologies Authority (ICTA) organized a Country Pavilion at the CeBIT Australia from 29 to 31 October 2019 at the International Convention Centre, Sydney.

Sri Lanka`s Participation at Digital Thailand- Big Bang 2019

Sri Lanka`s Participation at Digital Thailand- Big Bang 2019 »

6 Nov, 2019

The Department of Commerce Sri Lanka, jointly with the Sri Lanka Embassy in Bangkok, Thailand, using its trade promotional funds, for the first time has organized Sri Lanka`s participation in Digital Thailand - Big Bang 2019 exhibition held in Bangkok Thailand from October 28-31.

Korea grant USD 30 million to establish National Center of e-Content Development for Computer Assisted Teaching

Korea grant USD 30 million to establish National Center of e-Content Development for Computer Assisted Teaching »

6 Nov, 2019

The Government of Republic of Korea has agreed to provide a concessional loan of USD 30 million (Approximately Rs.5,460 million) to establish National Center of e-Content Development for Computer Assisted Teaching in Sri Lanka.

Sri Lanka Wellness Tourism Sector Participation at the “World Travel Market (WTM) London 2019”

Sri Lanka Wellness Tourism Sector Participation at the “World Travel Market (WTM) London 2019” »

6 Nov, 2019

The wellness pavilion at the World Travel Market (WTM) 2019 was formally inaugurated with the ribbon-cutting and opening ceremony attended by H.E the High Commissioner of the Sri Lanka High Commission in UK, Sri Lanka Tourism Promotion Bureau, Sri Lanka Export Development Board and representatives from the participating companies of the Sri Lanka’s Wellness Tourism Industry.

EDB to hold first ever Sri Lanka Participation at Productronica 2019 in Germany for the Electronics and Electrical Sector

EDB to hold first ever Sri Lanka Participation at Productronica 2019 in Germany for the Electronics and Electrical Sector »

6 Nov, 2019

The Sri Lanka Export Development Board (EDB) is organizing a Sri Lanka pavilion at “PRODUCTRONICA 2019” from 12th – 15th November 2019 at MESSE MÜNCHEN, Germany with the assistance of Embassy of Sri Lanka in Germany and Consulate General of Sri Lanka in Frankfurt.

Under BOI Agreement a new 5-Star Hotel Project to be developed in Tangalle

Under BOI Agreement a new 5-Star Hotel Project to be developed in Tangalle »

6 Nov, 2019

The Board of Investment of Sri Lanka has signed an Agreement with LA’ MORE Hotel (Private) Limited to set up, conduct and operate a 176 key 5-Star hotel project in Tangalle. The project represents an investment of US$ 35 million and will employ a staff of 355 members at the property.

MUFG awards Scholarships to University of Colombo students

MUFG awards Scholarships to University of Colombo students »

6 Nov, 2019

MUFG Bank, the commercial banking entity of Mitsubishi UFJ Financial Group, has awarded scholarships to 17 undergraduates from the University of Colombo.

IMF Executive Board Completes the Sixth Review of Sri Lanka’s Extended Arrangement

IMF Executive Board Completes the Sixth Review of Sri Lanka’s Extended Arrangement »

5 Nov, 2019

Executive Board of the International Monetary Fund (IMF) completed the Sixth Review of Sri Lanka’s economic performance under the program supported by an extended arrangement under the Extended Fund Facility (EFF).

ComBank hosts awareness programmes for 150 Biz Club members and entrepreneurs

ComBank hosts awareness programmes for 150 Biz Club members and entrepreneurs »

5 Nov, 2019

The Commercial Bank of Ceylon recently hosted two Customer Awareness Programmes in Colombo and Negombo as part of the Bank’son-going initiative to support and empower members of its Biz Club and entrepreneurs in the SME sector.

New network member logo unveils for qualified chartered accountants

New network member logo unveils for qualified chartered accountants »

5 Nov, 2019

CA Sri Lanka applauded Chartered Accountants Worldwide (CAW) for building international recognition of the Chartered Accounting qualification through the launch of an exclusive network member logo.

Kingsbury Hotel to redesign spaces with unique dining experiences under BOI deal

Kingsbury Hotel to redesign spaces with unique dining experiences under BOI deal »

5 Nov, 2019

The Investment Board of Sri Lanka has signed a supplementary agreement with the Kingsbury PLC to extend and renovate the hotel at Colombo 1. The agreement was signed on behalf of the company by BOI Chairman Mangala Yapa and Managing Director Rohan Karr, Hayleys Leisure Group.

Arogya Farm recognized at Mahaweli Entrepreneurship Presidential Awards 2019

Arogya Farm recognized at Mahaweli Entrepreneurship Presidential Awards 2019 »

4 Nov, 2019

With the motive of providing high quality fresh, delicious and nutritional eggs to the Sri Lankan market, Arogya Farm Pvt Ltd was recently awarded second place in the ‘Livestock Sector’ category (Large Scale) at the Mahaweli Entrepreneurship Presidential Awards 2019 held on the 01st October at the BMICH.

LAUGFS Power Limited begins trading at CSE

LAUGFS Power Limited begins trading at CSE »

3 Nov, 2019

Business News from Sri Lanka: LAUGFS Power Limited rang the market opening bell to celebrate the listing of its shares at the Colombo Stock Exchange (CSE) recently.

Hambantota International Port partners with NYK Japan

Hambantota International Port partners with NYK Japan »

18 Oct, 2019

The Hambantota International Port Group (HIPG) has entered into a Terminal Service Agreement (TSA) with Japanese Shipping Conglomerate NYK, the first RoRo specific TSA entered into by the shipping line with a Sri Lankan Port.

SriLankan Airlines clinches South Asia’s No 01 slot again

SriLankan Airlines clinches South Asia’s No 01 slot again »

18 Oct, 2019

SriLankan Airlines was adjudged the ‘Leading International Airline’ in South Asia for the third consecutive year at the South Asian Travel Awards 2019 (SATA) and also bagged the ‘Leading Airline Passenger Class – Business’ award for the third year running, beating out many top airlines in the region.

Uber Eats marks first anniversary as online sales grow

Uber Eats marks first anniversary as online sales grow »

18 Oct, 2019

Uber Eats, an on-demand food delivery app, has delivered more than 3 million orders and completed its first successful year of operations in Sri Lanka to become a dominant player in the market. Launched in Colombo in 2018, Uber Eats is committed to make eating effortless at any time and for anyone in Sri Lanka by offering a diverse set of 34 cuisines on the app. In less than 12 months, Uber Eats has expanded to two cities across the island.

Embassy of Sri Lanka holds meeting with Mr. Saleh S. Al Solami, Secretary General of Saudi Export Development Authority (SEDA)

Embassy of Sri Lanka holds meeting with Mr. Saleh S. Al Solami, Secretary General of Saudi Export Development Authority (SEDA) »

18 Oct, 2019

H.E the Ambassador Azmi Thassim held a meeting with Mr. Saleh S. Al Solami, Secretary General of Saudi Export Development Authority at SEDA in Riyadh on 6th October 2019 to discuss on the Saudi Export Program and the using of the available facilities by the Sri Lankan companies

Concrete Electric Poles Manufactured In Sri Lanka Under Boi Agreement Result In Import Substitution And Environmental Benefits

Concrete Electric Poles Manufactured In Sri Lanka Under Boi Agreement Result In Import Substitution And Environmental Benefits »

18 Oct, 2019

The Board of Investment of Sri Lanka signed a supplementary agreement with M/s Senaka Zenn (Private) Limited to set up a project to manufacture pre-stressed spun concrete electrical poles, piles and railway sleepers with improved technology, for both local and export markets. The Initial investment made by the Company was US$ 10.3 million.

The 9th EU-Sri Lanka investment dialogue held at MODSIT strengthens economic relations

The 9th EU-Sri Lanka investment dialogue held at MODSIT strengthens economic relations »

18 Oct, 2019

The Ministry of Development Strategies and International Trade hosted the 9th European Union – Sri Lanka Investor Dialogue, an instrument set up in 2017 to resolve issues faced by investors from the European Union operating in Sri Lanka under the Board of Investment. The high-level meeting, which promotes bilateral cooperation between the Member States of the European Union and Sri Lanka,

Participation of Sri Lankan Companies at Supply Side West 2019 Exhibition

Participation of Sri Lankan Companies at Supply Side West 2019 Exhibition »

18 Oct, 2019

Indira Malwatte, Chairperson & Chief Executive of EDB and the Commissioner General of Sri Lanka for Expo 2020 Dubai together with the private sector stakeholders; Secretary Generals of the National Chamber of Exporters and National Chamber of Commerce of Sri Lanka, Shiham Marikkar and Bandula Dissanayake and the Co- Chair Planning Sub Committee of Expo 2020 Dubai,

Sri Lanka holds meeting with Mr. Saleh S. Al Solami, SG of SEDA

Sri Lanka holds meeting with Mr. Saleh S. Al Solami, SG of SEDA »

17 Oct, 2019

H.E the Ambassador Azmi Thassim held a meeting with Mr. Saleh S. Al Solami, Secretary General of Saudi Export Development Authority at SEDA in Riyadh on 6th October 2019 to discuss on the Saudi Export Program and the using of the available facilities by the Sri Lankan companies

Jungle Beach by Uga Escapes and Ulagalla by Uga Escapes Named Winners of Luxury Lifestyle Awards 2019

Jungle Beach by Uga Escapes and Ulagalla by Uga Escapes Named Winners of Luxury Lifestyle Awards 2019 »

16 Oct, 2019

Uga Escapes, one of Sri Lanka’s most celebrated hospitality groups that prides itself with five splendid properties; Ulagalla, Jungle Beach, Uga Bay, Residence and Chena Huts has brought several international and national awards home over the years. Adding to their latest achievements, Uga Escapes once again emerged victorious when two of their properties, Jungle Beach by Uga Escapesand Ulagalla by Uga Escapeswere announced as winners at the 11th Annual ‘Luxury Lifestyle Awards 2019’ in the category of The Best Luxury Hotel in Sri Lanka.

447 Luna Tower celebrates topping up of tower on schedule

447 Luna Tower celebrates topping up of tower on schedule »

16 Oct, 2019

447 Luna Tower recently marked the topping up of its tower with a traditional ceremony. The project is part of a key multi-million-dollar investment portfolio in Sri Lanka by Belluna Co. Ltd and Asia Capital PLC. Belluna Co. Ltd is reputed as one of Japan’s foremost real-estate giants with a strong track record and global presence.

Healthguard celebrates World Pharmacist Day 2019

Healthguard celebrates World Pharmacist Day 2019 »

16 Oct, 2019

Sri Lanka’s leading Health and Beauty retail chain, Healthguard—a subsidiary of Sunshine Healthcare Lanka Limited—recognised their eminently-qualified pharmacists recently, in honour of World Pharmacist Day 2019. A special event was organised at the Healthguard Training Centre in Colombo 03, which brought together all outlet supervisors along with the management team of Healthguard.

Royal Cashews conferred with ‘Gold Star’ at Lanka Star Awards – 2019

Royal Cashews conferred with ‘Gold Star’ at Lanka Star Awards – 2019 »

16 Oct, 2019

Royal Cashews (www.royalcashew.lk) Sri Lanka’s first and foremost Industrialized cashew processing company ( ISO 22000 , HACCP , ISO 14001 Certified ) was conferred with a Gold Star at the ‘Lanka Star Awards – 2019’the annual award ceremony that recognize the cream of packaging in a particular year.

Sunquick introduces evolutionary 2-liter canister for the first time in the world along with a brand new ready to drink product range

Sunquick introduces evolutionary 2-liter canister for the first time in the world along with a brand new ready to drink product range »

16 Oct, 2019

Loved by millions all across the country, Sunquick has retained its position as the leading fruit drink in Sri Lanka for decades, and recently the brand introduced yet another novelty for the enjoyment of its loyal fans. For the first time in the world, Sunquick introduced a brand new 2-liter light-weight PET bottle complete with a 12-month shelf-life, handle and facilities for a pump, at a launch ceremony held on the 3rd of October 2019 at the Shangri La in Colombo.

Amana Bank amongst LMD’s Most Respected

Amana Bank amongst LMD’s Most Respected »

16 Oct, 2019

Amana Bank, Sri Lanka’s torchbearer of non interest based participatory banking, was recognized amongst the Most Respected Entities in Sri Lanka in LMD’s fifteenth annual edition of ranking the country’s most respected entities.

A Real-time and Online Payment Facility for BOI Customers

A Real-time and Online Payment Facility for BOI Customers »

16 Oct, 2019

The Board of Investment of Sri Lanka has taken another significant step forward to provide further convenience to the customers. This initiative is facilitated via LankaPay Online Payment Platform, a real-time and online payment platform of LankaClear. Such an initiative on the part of BOI clearly signifies the importance BOI places on providing a more efficient and convenient service to its customers.

Dr Bernard Malik appointed as PNG special envoy

Dr Bernard Malik appointed as PNG special envoy »

16 Oct, 2019

Renowned educationist, philanthropist and businessman, Dr Bernard Malik, has been appointed as the Papua New Guinea Prime Minister’s Special Envoy for Trade, Investment and Education.

Sirio Ltd recognized at Presidential Export Awards 2018/19

Sirio Ltd recognized at Presidential Export Awards 2018/19 »

16 Oct, 2019

Sirio Ltd, a leading manufacturer of lingerie and swimwear to the European market operating under the flagship of Italy-based Calzedonia S.p.A, was recently recognized with a Merit Award in the ‘Apparel’ sector at the 23rd Presidential Export Awards.

200 rural bridges to be constructed with Rs 14 billion worth Financial Assistance from the Netherlands

200 rural bridges to be constructed with Rs 14 billion worth Financial Assistance from the Netherlands »

16 Oct, 2019

Financial Assistance from the Netherlands for Construction of Rural Bridges and Establishment of National Vocational Training Institute at Hingurakgoda, Polonnaruwa. Two agreements were signed, on Thursday 10th October 2019, between the Government of Sri Lanka and Rabobank of the Netherlands amounting to EUR 70.7 million (Approximately Rs. 14.1 billion) for construction of rural bridges and Establishment of National Vocational Training Institute at Hingurakgoda, Polonnaruwa.

Sri Lankan Cricketers Mahela and Kumar – Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai

Sri Lankan Cricketers Mahela and Kumar – Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai »

14 Oct, 2019

Cricket Stars Mahela Jayawardena and Kumar Sangakkara - two of the most iconic cricketers produced by the country has come on board as Sri Lanka’s Brand Ambassadors for Expo 2020 Dubai organized by the Sri Lanka Export Development Board (EDB) as a public private cooperation project.

Experience Spectacular Singapore With Nations Trust Bank American Express Card

Experience Spectacular Singapore With Nations Trust Bank American Express Card »

14 Oct, 2019

Nations Trust Bank American Express is offering Cardmembers an exclusive and exciting opportunity to win return air tickets to Singapore for themselves and a companion. All Cardmembers have to do to enter the draw is to simply swipe their Cards for Rs. 5000 or more. Each total usage of LKR 5,000/- will then entitle Cardmembers to an entry into the draw. This means the chances of winning increase with every Card usage of Rs. 5000 during the promotional period.

ComBank wins 5 awards at LankaPay Technnovation Awards 2019

ComBank wins 5 awards at LankaPay Technnovation Awards 2019 »

14 Oct, 2019

The Commercial Bank of Ceylon was honored with five awards at the LankaPay Technnovation Awards 2019, Sri Lanka’s only payment technology innovation awards presented for the third consecutive year.

HNB partners with Tudawe Trading for Special offers on “KARCHER” commercial cleaning machines

HNB partners with Tudawe Trading for Special offers on “KARCHER” commercial cleaning machines »

14 Oct, 2019

Sri Lanka’s leading private sector bank HNB PLC, announced a breakthrough partnership with mechanized cleaning technology market leaders, Tudawe Trading, to offer exclusive leasing packages and attractive benefits for commercial cleaning machines.

FISERV joins LankaPay Technnovation Awards as Gold Sponsor

FISERV joins LankaPay Technnovation Awards as Gold Sponsor »

10 Oct, 2019

Global provider of payments and financial services technology solutions, Fiserv will be joining with LankaClear as a Gold Sponsor of Sri Lanka’s first and only payment technology innovation awards, LankaPay Technnovation Awards 2019.

A new 5-star hotel to be built in Kandy under BOI agreement

A new 5-star hotel to be built in Kandy under BOI agreement »

10 Oct, 2019

The Board of Investment of Sri Lanka signed an agreement with Star Class Hotel (Pvt) Ltd., to set up 67 room 5-star hotel which will be located at Mavilamada Road, Kandy.

European Union pledges Euro 40 million through a Grant Agreement to Sri Lanka

European Union pledges Euro 40 million through a Grant Agreement to Sri Lanka »

10 Oct, 2019

The European Union (EU) will step up its assistance to Sri Lanka, by providing Euro 40 million (approximately LKR 7,932 million) for the implementation of Strengthening Transformation, Reconciliation and Inclusive Democratic Engagement (STRIDE) Project. Secretary to the Ministry of Finance, Dr. R. H. S. Samaratunge signed the agreement on 9th October 2019,

Altair infuses US$ 25 mn via syndicated loan

Altair infuses US$ 25 mn via syndicated loan »

10 Oct, 2019

A consortium of leading local banks, comprising the Bank of Ceylon, NDB Bank and National Savings Bank has raised a syndicated loan of US$ 25 million (Rs 4.5 billion at current rates) for Sri Lanka’s showpiece high rise property development Altair, in a noteworthy vote of confidence in the prospects for the project as well as for the sector in general.

AmSafe Bridport (Pvt) Ltd opens new factory at BOI’s Wathupitiwala EPZ creating new production and employment opportunities

AmSafe Bridport (Pvt) Ltd opens new factory at BOI’s Wathupitiwala EPZ creating new production and employment opportunities »

9 Oct, 2019

BOI enterprise AmSafe Bridport (Pvt) Ltd opened a new Factory at Phase III at the Wathupitiwala Export Processing Zone.

LankaPropertyWeb Partners With HNB For Home Loan Products

LankaPropertyWeb Partners With HNB For Home Loan Products »

9 Oct, 2019

LankaPropertyweb.com (LPW), Sri Lanka’s premier property site, recently tied up with Hatton National Bank (HNB) to offer its customers a range of home loan products. Through this expansion of services, LPW seeks to minimize the hassle buyers undergo in order to secure a credit facility to make a property purchase.

EDB tied up MDF to explore Wellness Tourism Potential in Sri Lanka

EDB tied up MDF to explore Wellness Tourism Potential in Sri Lanka »

9 Oct, 2019

The Export Development Board of Sri Lanka, joined to Australia's Market Development Facility (MDF) to develop the International Wellness Tourism Strategy and Brand Development Programme for Sri Lankan Wellness Tourism through International Consultant to promote Sri Lankan Wellness Tourism in German-speaking countries.

Hilton Colombo explained extraordinary resilience notwithstanding challenges

Hilton Colombo explained extraordinary resilience notwithstanding challenges »

9 Oct, 2019

Business News from Sri Lanka: Hilton Colombo has shown remarkable resilience and resourcefulness, despite the challenges that it has always confidence

John Keells Holdings PLC ranked as Sri Lanka’s Most Respected Entity for a record 14th year!

John Keells Holdings PLC ranked as Sri Lanka’s Most Respected Entity for a record 14th year! »

9 Oct, 2019

For a record 14th year, John Keells Holdings PLC (JKH) was ranked as the Most Respected entity in Sri Lanka, in the recently released edition of LMD’s Most Respected entities issue. In terms of the 10 attribute rankings, JKH has taken the lead in seven categories, namely financial performance, management profile, honesty, dynamism, corporate culture, CSR and vision.

Pan Asia Bank salutes government pensioners with “Sammana Garu Saru” Carnival

Pan Asia Bank salutes government pensioners with “Sammana Garu Saru” Carnival »

8 Oct, 2019

Raising the bar in empowering and acknowledging the contribution of pensioners, Pan Asia Bank recently conducted the Pan Asia Bank Sammana Carnival, ‘Garu Saru’, a first of its kind in the industry for its loyal customer base of government pensioners.

DFCC Bank employees celebrate “The World Clean up Day” with a Beach cleanup campaign

DFCC Bank employees celebrate “The World Clean up Day” with a Beach cleanup campaign »

8 Oct, 2019

DFCC Bank employees along with their families carried out a beach cleaning campaign at Mount Lavinia on 21st September to commemorate “The World Clean up Day” and “The International Coastal Clean-up Day”.

ComBank & AMW announce special leasing offer for Suzuki vehicles

ComBank & AMW announce special leasing offer for Suzuki vehicles »

8 Oct, 2019

The Commercial Bank of Ceylon and Associated Motorways (Private) Limited (AMW) have joined forces to offer exclusive discounts of up to Rs 375,000, attractive leasing packages and other benefits to customers leasing Suzuki vehicles.

Cinnamon opens 15th property, Cinnamon Velifushi Maldives

Cinnamon opens 15th property, Cinnamon Velifushi Maldives »

8 Oct, 2019

Cinnamon Hotels and Resorts, the leisure arm of John Keells Holdings continues expansion with the opening of its newest hotel, Cinnamon Velifushi Maldives. The opening of the new resort on the island of Aarahveli is the fourth property added to its portfolio in the Maldives, and the 15th to its overall portfolio which also consists of eight resorts and three city hotels in Sri Lanka.