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People’s Bank marks new milestone in Digitalization Journey

BusinessTags: Print EditionAccelerating its Digitalization Drive to realize its vision to become the ‘Most Digitalized Bank by 2020’, People’s Bank recently launched ‘People’s Wave’, a technically...

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Sunshine Holdings records Rs. 1.8 bn PAT, up 11.9%

BusinessVish GovindasamyTags: Print EditionDiversified Sri Lankan conglomerate Sunshine Holdings PLC reported strong growth in turnover and profitability during the year ended March 31,2018, with the...

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SLT to power UDA’s multiple condominiums

BusinessS.S.P. Rathnayake, Director General of UDA, Jagath Nandana Munasinghe, Chairman of UDA, P.G. Kumarasinghe Sirisena, Chairman of SLT and Kiththi Perera, Chief Commercial Officer of SLT were also...

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Panasian Power posts Rs 207.5 mn PBT

BusinessDr Prathap Ramanujam, Chairman / Chief Executive Officer, Panasian Power & Pathmanatha Poddiwala, General Manager/ Executive Director, Panasian PowerTags: Print EditionPanasian Power PLC...

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Colombo Port records world’s second highest growth in 1Q

BusinessMinister Mahinda Samarasinghe with Chairman of SLPA Dr. Parakrama Dissanayake at the Colombo PortTags: Print EditionThe Port of Colombo recorded a 16.2% growth for the 1st quarter 2018 over...

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Lankan equities attracting interest of wider int’l audience

BusinessTags: Print EditionInvestment flows from the Scandinavian region to the Sri Lankan stock market have made a noteworthy improvement in recent years, where inward investments have grown by 39%...

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Auto Miraj to enter leisure sector with three luxury hotels

BusinessShirajiv SirimaneTags: Print EditionAuto Miraj, the Lankan car care company will be diversifying into the leisure sector by investing in three luxury hotels in Sigiriya, Mirissa and Kandy....

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Country will be better positioned to attract FDI with SLSFTA - Malik

BusinessTags: Print EditionLocal industry will be better positioned to attract FDI together with technical expertise, and to establish Sri Lanka’s active participation in the Global Value...

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Combank wins two titles at ‘Asian Banker Transaction Awards’

BusinessCommercial Bank’s Regional Manager, Colombo Inner Region Sivasubramaniam Ganeshan accepting the awards on behalf of the Bank at the Asian Banker Transaction Awards at China World Hotel, China....

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Japan to offer aid for Indian Ocean ports

BusinessMatarbari in southeast BangladeshTags: Print EditionJapanese government plans to utilize yen loans to develop ports in three Indian Ocean nations — Myanmar, Sri Lanka and Bangladesh — as part...

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Marlbo Trading to host seminar in Kilinochchi

BusinessMarlbo Trading Company, Proprietor, M. Maniymuthu, Chief Executive Officer, Neel Weedagama and Instrumental Engineer, Amila Lakpriya. Picture by Saliya Rupasinghe Tags: Print EditionIn order...

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HUAWEI moves up on Forbes Most Valuable Brands

BusinessTags: Print EditionHUAWEI is the only Chinese company to feature in the annual ranking of the world’s Most Valuable Brands 2018 compiled by Forbes. HUAWEI has been included in the list for the...

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MBSL drives growth with Core Banking Platform from Fiserv

BusinessTags: Print EditionFiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced that Merchant Bank of Sri Lanka & Finance PLC (MBSL)has...

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BMICH staff presents ‘Bakthi Gee’

BusinessTags: Print EditionThe staff members of the iconic BMICH came together to present an evening of “Bakthi Gee” on Vesak Poya day for the second consecutive year. The performance was held at the...

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Pelwatte butter promotion at Arpico Super Centres

BusinessTags: Print EditionSri Lanka’s 100% local dairy manufacturer, Pelwatte Dairy Industries Limited is further extending its offers on the signature Pelwatte Butter during the month of June.The...

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Samsung hosts workshop

BusinessTags: Print EditionSamsung Sri Lanka recently hosted a workshop at the BMICH to empower their dynamic team of Samsung Experience Consultants, National Distribution and Modern Retail Partners...

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Nithyakalyani Jewellery initiates beach cleaning campaign

Business Beach cleaning team including Nithyakalyani staffTags: Print EditionWellawatta Nithyakalyani Jewellery, a pioneer in the gem and jewellery trade in Sri Lanka, celebrated its 40th Anniversary...

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Alibaba’s Cainiao to create smart logistics network

BusinessTags: Print EditionChinese e-commerce titan Alibaba Group Holding Ltd and its logistics unit Cainiao Network Technology Co Ltd plan to spend more than 100 billion yuan ($15.6 billion) to build...

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Auto Miraj Car Care open branches in London, Dubai

BusinessAuto Miraj outlet.Tags: Print EditionChairman and Founder, Auto Miraj Iroshan Sarathchandra said that they have planned to commence foreign operation to create a definite value in international...

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DIMO hosts Mercedes-BenzSEAll Management Meeting

BusinessDIMO hosts Mercedes-BenzSEAII Aftersales Management Meeting.Tags: Print EditionDiesel & Motor Engineering PLC (DIMO), one of the leading automobile companies in Sri Lanka, hosted the...

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