(Reuters) – The European Commission backed on Tuesday a call from U.S. Treasury Secretary Janet Yellen for a global minimum corporate tax, but said its rate should be decided in…

The British multinational clothing, footwear, and home products retailer, NEXT agreed to recognize the newly formed branch of Free Trade Zones and General Services Employees Union (FTZ & GSEU) at its plant (Next Manufacturing (Pvt)…

Citing reputational risk from poor animal welfare practice, New Zealand is banning live exports of animals by sea. New Zealand’s Agriculture Minister Damien O’Connor on Wednesday announced the controversial practice…

By Malaka Rodrigo Earlier this month, more than 300 people gathered near the borders of the Dahaiyagala Wildlife  Sanctuary in Sri Lanka’s Uva province armed with axes, long knives, ropes and handheld…

Sri Lanka secured a US$500 million loan from China Monday (Apr 12) in a desperate bid to shore up its foreign exchange reserves as the local currency hit a record…

A high-level delegation from Sri Lanka headed by the State Minister of Money & Capital Market and State Enterprise Reforms H E Ajith Nivard Cabraal visited Lulu regional headquarters recently.…

India has finalized a bilateral air bubble arrangement with Sri Lanka for the operation of special international passenger flights between the two countries, the Civil Aviation Ministry said on Saturday.…

(AFP): The idea of forgiving debt held by poor countries in exchange for “green” investments gained ground this week during the spring meetings of the IMF and World Bank, with…

The Department of Commerce’s Bureau of Industry and Security (BIS) has added seven Chinese supercomputing entities to the Entity List for conducting activities that are contrary to the national security…

 MolecuLight Inc., the leader in point-of-care fluorescence imaging for detection of wounds containing elevated bacterial loads Nanomedix (PVT) LTD as the specialized Distributor in Sri Lanka for its i:X fluorescence…

A major international project that will help reduce marine plastic litter from maritime transport and fishing sectors is up for a successful start, after getting 30 countries including Sri Lanka on board.…

The Monetary Board of the Central Bank of Sri Lanka (CBSL) decided to maintain the policy interest rates of the Bank at the current levels. “The Board observed the stronger…

The Monetary Board of the Central Bank of Sri Lanka (CBSL) is widely expected to hold policy rates steady in the upcoming Policy Review meeting, according to First Capital Research…

Sri Lanka’s President Gotabaya Rajapaksa has instructed to completely ban the importation of Palm Oil with immediate effect while ordering plantation firms to uproot Palm Oil Plants in a phased-out…

Food inflation has risen over the last year, although the overall inflation is low. According to the National Consumer Price Index, overall prices rose by 3.7% between January 2020 and…

(Reuters) – A federal judge on Thursday sided with Nike Inc in ordering a Brooklyn company to temporarily stop further sales of “Satan Shoes” it produced in collaboration with the…

By Savani Jayasooriya The refreshing taste of thambili, otherwise known as king coconut, is a preferred beverage for many Sri Lankans. Roadside stalls laden with thambili, like one owned by…

Sri Lanka recorded the World’s sixth most selfie-related accidents over the past decade, according to Inkifi. The country experienced six causalities from selfie-related accidents in the period and five of…

A top real-estate developer and the leader in the mid-market residential condo segment, Prime Lands Residencies Ltd plans a Rs 1.95 billion Initial Public Offering (IPO) in the Colombo Stock…

Softlogic Holdings PLC completed the transfer of all retail operations into one core vertical under Softlogic Retail Holdings (Pvt) under the restructure plan announced over two years ago. “Softlogic Retail…

The International Air Transport Association (IATA) today urged governments to accept best-in-class rapid antigen tests in fulfillment of COVID -19 testing requirements based on the latest research findings of OXERA…

(Reuters) – Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance…

The leading biscuit, chocolate, and confectionery manufacturer CBL Investments Limited (CBL Group) won the Best Corporate Citizen Award (BCCA) of Ceylon Chamber of Commerce (CCC) beating Commercial Bank of Ceylon…

Takeda Pharmaceutical Company Limited today announced that the European Medicines Agency (EMA) has accepted the Company’s filing packages for its dengue vaccine candidate (TAK-003) which is being investigated for the…

The 47-member UNHRC adopted a resolution on Tuesday, brought by Great Britain on behalf of a group of countries, boosting UN rights chief, Michelle Bachelet’s staff and powers, with a view…

Sri Lanka’s Odel PLC, a subsidiary of Ashok Pathirage-controlled Softlogic Holdings has entered into an agreement with the Urban Development Authority (UDA) to lease, operate and manage the Arcade Independence…

Sri Lanka’s Central Bank (CB) entered into a $1.5 billion ( CNY 10 billion) bilateral currency swap agreement with the People’s Bank of China (PBoC) for a three-year period. However,…

The Board of Directors of FoodBuzz (Private) Limited, the sole custodian of franchise rights for BreadTalk in Sri Lanka decided to temporarily suspend its business operations. The parent of FoodBuzz…

Sri Lanka has lowered its apparel export earning target to $5.1 billion for the year from the original $6 billion-target announced in January this year. “The government is enthusiastic to…

With a 51 percent equity stake, India’s Adani Ports and Special Economic Zones Ltd. (APSEZ) is partnering with John Keells Holdings PLC (JKH) and with the Sri Lanka Ports Authority…

Sri Lanka has asked retail giant Amazon to take down bikinis, briefs and doormats featuring the nation’s lion flag from its site, authorities said Sunday, two days after it protested…

Sri Lankan Engineering, the Engineering arm of Sri Lankan Airlines signed a total 360 engineering maintenance agreement with FITS Aviation, encompassing base maintenance, line maintenance, and other engineering services, for FITS Aviation’s Airbus A320 fleet…

The Ceylon Chamber of Commerce (CCC) and the McLarens Maritime Academy recently entered in to a Memoranda of Understanding where CCC appointed surveyors will have an opportunity to undertake training…

Sri Lanka’s Stand Up Movement and Commercial & Industrial Workers’ Union (CIWU) filed a complaint with the Labour Commissioner to conduct an inquiry into nonpayment of workers’ wages and bonuses,…

The Central Bank (CB) instructed licensed commercial banks and licensed specialized banks to grant a concession for lease facilities obtained by COVID-19 affected businesses and individuals in passenger transportation services…

The International Monetary Fund (IMF) couldn’t proceed with disbursing emergency financial support for Sri Lanka as the discussions failed due to disagreements over policy requirements on debt sustainability to address…

(Reuters) – China has approved a 10 billion yuan ($1.54 billion) currency swap with Sri Lanka, a government spokesman in Colombo said on Wednesday. The deal will allow the island…

On the 8th of March, First Lady of the United States Dr. Jill Biden and Secretary of State Antony Blinken honored Ranitha Gnanarajah as an International Women of Courage (IWOC) award winner for her commitment…

India on Friday denied Sri Lanka’s announcement that New Delhi had cleared the proposal of an Adani group company to develop the West Container Terminal (WCT) at Colombo port, according to…

Digital coloured gemstone trading platform Gembridge appointed top gem merchant Armil Sammoon as its ambassador to Sri Lanka. Under its global ambassador network, Gembridge plans to popularise the trading platform…

The Central Bank(CB) decided to hold its policy rates steady while reemphasizing its commitment to sustain the low-interest rate structure until the economy recovers. The Monetary Board of the CCB,…

DFCC Bank’s impairment charge nearly doubled to Rs Rs 3.3 billion at the end of 2020 when compared to the previous, the Bank announced. TheBank’s total impairment charge increased by…

Sri Lanka is once again offering a strategically located deep-sea port to India and Japan as the island seeks to balance traditional ties against China’s rising regional influence. The government…

The daily turnover of the Colombo Stock Exchange (CSE) fell to Rs 1.89 billion today, the lowest value seen so far during the year. The benchmark stock index ASPI ended…

Sri Lanka’s Legislative Committee on Public Enterprises (COPE) has ordered the State-Owned Sri Lanka Insurance Corporation (SLIC) to submit a report expeditious on its decision to close operations in Maldives…

557 migrant workers among the 6,500 migrant workers who have died during Qatar’s football World Cup preparations over the last decade, according to a report. It reported that On average…

Cash-strapped Pakistan has offered a $50 million new credit line to Sri Lanka to boost cooperation in the defence and security sectors. Pakistan Prime Minister Imran Khan announced the new…

Pakistan’s Prime Minister Imran Khan who’s currently on his maiden official visit to Sri Lanka has invited Sri Lanka’s business community to invest in the $46 billion China-Pakistan Economic Corridor (CPEC)…

(Reuters) : Sri Lanka’s central bank governor said on Wednesday lowering the country’s reliance on foreign debt will require some austerity, as Colombo attempts to shore up confidence in its…

Swedish audio streaming and media services provider and the world’s largest music streaming platform, Spotify announced that it would expand into Sri Lanka over the next few days, as it…

Thanks to the Ampara Regional Health Directorate and the American people, Ampara now has a vehicle to safely transport pathological waste.  Dr. Prasanga Serasinghe, the Regional Director of Health Services…

The Central Bank (CB) decided to increase the loan to value ratio (LTV) of licensed finance companies up to 80 percent on auto loans in purchasing used passenger vehicles in…

Sri Lankan insurers are facing heightened asset risk due to the country’s weaker credit profile and lower national ratings of several state-owned and private institutions, a Fitch Ratings report said.…

The Indian High Commission in Colombo has rejected Sri Lankan energy minister’s claim that the deal between the two countries on the 99 World War II-era Trincomalee oil tanks leased…

Daraz, Dialog, Samsung, Singer, and Mobitel were named among the top five visible brands by internet users in Sri Lanka, according to a survey. The Asia Pacific Institute of Digital…

(Reuters) – Bitcoin rose above $50,000 on Tuesday for the first time, adding steam to a rally fuelled by signs that the world’s biggest cryptocurrency is gaining acceptance among mainstream…

Sri Lanka’s leading property portal, LankaPropertyWeb says that there has been an increase in real estate activity by property buyers and sellers since the turn of the year Sri Lanka’s…

By Asanga Abeyagoonasekera It is rather unusual for trade union leaders to speak geopolitics. “Geopolitics should not be a determinant factor for us to lease our own East Container Terminal…

Telegram was the most downloaded non-gaming app worldwide for January 2021 with more than 63 million installs, 3.8 times its downloads in January 2020. The countries with the largest number…

UNICEF is today launching the Humanitarian Airfreight Initiative. Under this landmark initiative, over 10 leading airlines are signing agreements with UNICEF to support the prioritization of delivery of COVID-19 vaccines, essential medicines,…

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator approved the power purchase agreement to build 300 MW Kerawalapitiya Liquid Natural Gas power plant in Sri Lanka…

Ahead of its foreign expansions, India’s Edtech startup Eupheus Learning has raised $4.1 million in a Series B funding round, led by Kuwait-based United Education Company (UEC) and Al Rayan Holding…

Sri Lanka’s food and beverage imports grew by nearly 9 percent topping $1.5 billion last year (2020) compared to 2019 despite import restrictions, according to the Central Bank (CB). The…

India has got even with China by bagging the West Container Terminal and making Sri Lanka yield to its security concerns over Chinese power projects in the islands off Jaffna.…

The government aims to double the local fresh milk production to meet 80 percent of the country’s consumption by 2024, Prime Minister Mahinda Rajapaksa announced in Parliament yesterday. He said…

One of the newest features of the Apple iPhone 12 series of mobile devices is a strong magnet that helps align the phone on Apple’s MagSafe accessory to maximize charging…

Although developing countries attracted a record share of global foreign direct investment in 2020, finance for infrastructure and productive sectors fell significantly, weakening their COVID-19 recovery prospects. Foreign direct investment…

(Reuters) Amazon.com Inc founder Jeff Bezos will step down as CEO and become executive chairman, naming the head of its lucrative cloud computing division as successor in a sign of…

Sri Lanka on Tuesday scrapped a deal to develop a major port terminal with India and Japan amid weeks-long protests by trade unions and opposition parties while India called on…

Adani Group’s T K Kannan is appointed as an Alternate Director to Madhu Ramachandra Rao in the Board of Sri Lanka’s Watawala Plantation PLC with effect from today. Kannan, who…

(Reuters) Sri Lankan shares on Tuesday suffered their worst single-day fall since October, led by sharp declines in financial and industrial stocks. Sri Lanka’s CSE All Share Index ended 6.56%…

IFS, the global enterprise applications company has seen a 26% Year-on-Year increase in software revenue, according to its financial results for the full year ended December 31, 2020. 2020 saw widespread…

The United States Patent and Trademark Office (USPTO) recognizes that the COVID-19 outbreak has imposed significant hardships on many of our stakeholders. In particular, some foreign intellectual property (IP) offices…

Sri Lanka’s First Capital Research expects LKR to depreciate approximately by 12 percent during this year. “With the weak foreign currency reserve position, high foreign currency debt repayment and a…

Sri Lanka’s largest mixed development, the $1 billion Cinnamon Life project announced the handover of units at ‘The Suites’ residential tower and ‘The Offices’ tower by March 2021, following delays.…

Over 39 billion in-school meals have been missed globally since the start of the COVID-19 pandemic due to school closures, according to a new report released today by the UNICEF…

(Reuters) – Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop…

Sri Lanka stocks have returned a world-beating 30% so far in 2021 as domestic investors get more active, Bloomberg reported yesterday. Local traders have bought a gross Rs 155 billion…

Sri Lanka – Korea Business Council (SLKBC) urges the Tourism Promotion Bureau to target South Korea’s outbound tourism market to attract high-spending tourists to the country. “The Per Capita income…

Access Engineering PLC (AEL) has invested Rs. 131 million to acquire a 50 percent stake in the light-weight brick manufacturer, Lanka AAC Ltd. “Access Engineering PLC announces that it has…

The Europan Union (EU) has urged Sri Lanka to notify import restrictions measures imposed since April 2020 to the World Trade Organisation (WTO), while stressing the need for a level…

(Thomson Reuters Foundation) – Billionaires including Amazon’s Jeff Bezos and Tesla founder Elon Musk have seen their wealth soar during the COVID-19 pandemic while the world’s poor face years of…

(Reuters) – Renewables overtook fossil fuels as the European Union’s main source of electricity for the first time in 2020 as new projects came online and coal-power shrank, a report…

Sri Lanka’s Central Bank (CB) yesterday barred banks from entering into new forward foreign exchange contracts for three months with immediate effect to contain excess volatility in the foreign exchange…

Sri Lanka which has the highest per-capita GDP in South Asia has emerged as a small, yet growing, consumer food products market for the exporters of the United States, according…

The Securities and Exchange Commission of Sri Lanka (SEC) expects the New SEC Act to be enacted within the first quarter of the year. ” The new SEC Act, which…

Governments and stakeholders in Asia and the Pacific should initiate far-reaching reforms to strengthen the resilience of education and training systems as they deal with the coronavirus disease (COVID-19) pandemic,…

(Reuters) – The United States remains a “beacon of technology” to be emulated and China’s Huawei Technology should consider cutting products in the wake of U.S. actions against it, the…

The Central Bank (CB) says that licensed banks could pay cash dividends and licensed foreign banks could repatriate profits following the completion of the audit of their financial statements for…

(Reuters) – Asian stocks scaled to record highs on Thursday as investors were hopeful the incoming Biden administration will be able to secure passage of a massive new stimulus package…

Billionaire Dhammika Perera-controlled Hayleys Group and all its listed 13 subsidiaries announced stock splits today, subject to shareholders’ approval. Following the announcement, the trading was halted until 11.30 am today.…

Maldives has entered an agreement with AstraZeneca Singapore Private Limited to procure 700,000 vaccination doses for the ongoing Covid-19 pandemic. This was revealed by the Health Emergency Operations Center (HEOC)’s…

Sri Lanka’s mobile and fixed broadband speeds recorded an improvement in December, however, still continued to remain below the pre-pandemic levels, according to Ookla’s latest Speedtest global index. The mobile…

Global Rubber Industries (GRI) last week broke ground and laid the foundation stone for the second phase of a $ 100 million project with a new manufacturing facility in Badalgama,…

The latest $200 million issuance of Sri Lanka Development Bonds (SLDBs) closed undersubscribed on Tuesday with only bids received amounting to $62.64 million, the Central Bank (CB) data showed. The…

The Central Bank (CB) ordered the local banks to differ cash dividend payments and foreign banks to differ profit repatriation until their 2020 accounts have been audited. “Every licensed commercial…

The International Air Transport Association and Etihad Airways, the national airline of the UAE, today announced a partnership to launch the IATA Travel Pass for Etihad Airways’ guests. The IATA…

The Monetary Board of the Central Bank (CB) decided to maintain the policy rates at the current levels at the first Monetary Policy Review meeting held for the year. At…

The government plans to introduce a new education system that will protect the dignity of labour and aimed at creating a skilled society in the new normal environment. President Gotabaya…

During a farewell call on Foreign Minister Dinesh Gunawardena this week, the Ambassador of Viet Nam in Colombo, Pham ThiBich Ngoc endorsed that Sri Lanka and Vietnam have immense potential…

President Gotabaya Rajapaksa today assured representatives of Port Trade Unions that the East Container Terminal (ECT) of the Colombo Port will not be sold or leased. According to him, the…

With the recent donation Of a mobile testing unit to the Regional Health Services in Moneragala, the U.S. Government has provided $ 6 million in aid to reduce the spread…

(Reuters) – Republicans in the U.S. Congress faced growing blowback on Monday from businesses that said they would cut off campaign contributions to those who voted last week to challenge…

The Monetary Board of the Central Bank (CB) has decided to cause the Director, Supervision of Non-Bank Financial Institutions to make an application to a competent court for the winding…

The Colombo-Based, First Capital Research expects the Central Bank to hold its policy rate steady at the upcoming monetary policy review amidst sweeping measures to insulate the economy. “We believe…

The Foreign Minister Dinesh Gunawardena and the outgoing Ambassador of Thailand in Sri Lanka Chulamanee Chartsuwan has endorsed the importance of finalizing the Free Trade Agreement to spearhead the bilateral…

President Gotabaya Rajapaksa has appointed an 18-member De-Regulation Commission for the Simplification of the Existing Laws and Regulations to spur the growth of the COVID-19 battered economy. The Commission is…

(Reuters) – Wall Street hit record levels on Thursday as market participants bet on more pandemic aid under a Democrat-controlled U.S. Congress to help the economy ride out a steep…

The World’s second-largest shipping line, the Mediterranean Shipping Company(MSC) announced a new direct service, MSC India Africa Service (IAS) from India to West Africa with a call at Port of…

India’s foreign minister pledged Sri Lanka’s president Gotabaya Rajapaksa yesterday to prioritize the country when Indian-produced COVID-19 vaccines are ready for export, the President Media Division (PMD) said. Visiting Indian External…

The International Air Transport Association (IATA) today announced that the recovery in passenger demand which had been slowing since the Northern hemisphere’s summer travel season came to a halt in…

(Reuters) – Tesla Inc chief and billionaire entrepreneur Elon Musk surpassed Amazon.com Inc’s top boss Jeff Bezos to become the world’s richest man, Bloomberg News reported on Thursday. Including Thursday’s…

The benchmark All Share Price Index (ASPI) of the Colombo Stock Exchange (CSE) broke the 7,000 point mark today for the first time since August 2014. The market saw a…

Futures tied to the tech-heavy Nasdaq 100 index sank 2% on Wednesday as the possibility of Democrats gaining control of the Senate sparked fears of tighter regulations on technology mega-caps.…

The World Bank (WB) projects Sri Lanka’s economy to grow by 3.3 percent while expressing concerns over elevated debt distress in the country. The WB in its latest 2021 Global Economic…

Sri Lanka targets 1.5 million tourist arrivals this year as the government plans to re-open the country’s airports to travelers within the month with COVID-19 health and safety guidelines in…

The Cabinet of Ministers has approved a proposal instructing the Legal Draftsman to draft the Colombo Ports Commission Bill to place Colombo Port City as a leading investment hub in…

Sri Lanka’s telephone Penetration (including Cellular Phones) declined by 19.3 percent in the third quarter of last year compared to one year ago. Sri Lanka’s telephone Penetration stood at 164.1…

Arpico Finance Company PLC (AFC) and Associated Motor Finance Company PLC (AMF) announced the merger of two entities subject to the approval of shareholders and the Colombo Stock Exchange (CSE).…

The Central Bank (CB) expects Sri Lanka’s economy to have contracted by 3.9 percent in 2020 well below its earlier projections. “The marginal decline in the first, and the relatively…

Governments in 2021 are likely to ramp up protectionist economic measures in a bid to stimulate domestic recovery from the COVID-19 pandemic despite the interests of the private sector lying elsewhere, Kathmina…

President Gotabaya Rajapaksa has ordered the Excise Department Chief to issue a gazette notification banning the use of maize (corn) for the production of alcohol and ethanol. The Commissioner is…

Ukrainian low-cost  Carrier, SkyUp brought the first group of tourists to the island nation since March when the country halted foreign tourist arrivals country in order to contain the spread…

Russia’s national airline Aeroflot has postponed the scheduled flight to Sri Lanka with 300 Russian tourists as a new strain of COVID-19 spread in the United Kingdom (UK) and across…

ICRA India confirmed that Blackstone Group Inc’acqusition of Piramal Group’s Piramal Glass includes its Sri Lankan unit, Pirmal Glass Ceylon PLC. With the announcement of Blackstone Group Inc’acqusition of Piramal…

Dialog Axiata PLC has reached an agreement to acquire full ownership of Sri Lanka’s largest reseller of Microsoft enterprise solutions (MSFT) , H one from Hirdaramani Group. “The transaction is…

The cabinet of Ministers has approved a proposal to waive landing and parking fees for International airlines in order to attract airlines to Rajapaksha International Airport in Mattala, and Colombo…

The Lanka Fruit and Vegetable Producers, Processors and Exporters Association (LFVPPEA) have entered into a memorandum of understanding (MOU) with the World Bank’s (WB) Agriculture Sector Modernisation Project (ASMP) anticipating…

Global coal generation is estimated to fall by 5% in 2020 to 2012 levels, marking the largest annual decrease on record, the International Energy Agency (IEA) estimated in a new…

The Board of Directors of Commercial Bank green-lighted the appointment of Justice K. Sripavan as the New Chairman of the Bank with effect from 21st of this month, upon the…

The United States assures support for  Sri Lanka in responding to COVID and building its economy, despite the withdrawal of  Rs. 89 billion   Millennium Challenge Corporation (MCC) grant. ” On December…

The International Air Transport Association (IATA) is on the schedule to release the IATA Travel Pass early in the first quarter of 2021 to help reconnect our world safely.  The…

Sri Lankan Airlines (UL) plans to call Request for Proposals (RFP) to procure two dedicated freighters shortly. “There’s so much cargo business at the moment. Exports have picked up, so…

Sri Lanka targets $2.5 billion worth of Foreign Direct Investments (FDI) in 2021 backed by committed investments from Chinese firms. “We are targeting at least $2.5 billion in FDI inflows,…

Sri Lanka Tuesday announced its worst economic slump with second-quarter GDP plunging 16.3 percent as international concern grows over its ability to repay foreign debt. The department of Census and…

Sri Lanka’s Hemas Holdings PLC (HHL) has divested its’ shareholding in Serendib Hotel PLC to LOLC Holdings PLC for Rs 791.7 million. Eden Hotel Lanka PLC, a unit of LOLC…

Sri Lanka plans to resume international flight operations from the 26th of December allowing commercial and cargo flights to operate to Island Nation without a restricted schedule, the Civil Aviation…

Sri Lanka’s trade deficit declined by $320 million to $514 million in October compared to the preceding month, the Central Bank (CB) data showed. The $ 514 million trade deficit…

The government hasn’t made a final decision yet on opening up Sri Lanka’s borders for foreign travelers in January next year, Sri Lanka Tourism, Chairperson, Kimarli Fernando said. Taking part…

The World’s largest alternative equity firm, Blackstone Group Inc,   has signed an agreement to acquire Piramal Group’s Piramal Glass including its unit in Sri Lanka for an estimated $1…

The United States launched a new Rs3.6 billion ($ 19.5  million) initiative to help small businesses and economically empower Sri Lankan women. The Private Sector Development Project, which is funded through…

Sanjaya Mohottala assumed duties today as the 21st Chairman of the Board of Investment (BOI), the apex Investment Promotion Agency of Sri Lanka after Susantha Ratnayake stepped down from the position…

Sri Lankan shares bulldozed pass the 6,500 mark after 2 years & 7 months while recording the highest intraday gain nearly after a month,  riding on gains in financial and…

The International Air Transport Association (IATA) and the International Federation of Air Line Pilots’ Associations (IFALPA) jointly urged governments to follow the International Civil Aviation Organization (ICAO) Council Aviation Recovery…

Sri Lanka’s government eyes to re-open the country for foreign travelers from next month with a proposal to issue six-month visas for tourists instead of the current one-month visas targeting…

San Francisco-based short-term rental company, Airbnb, Inc. to raise $2.5 billion in its Initial Public Offering (IPO). According to a filing with the US Securities and Exchange Commission, the company will…

Vancouver- based Ceylon Graphite Corp. announces that its common shares have been approved for trading on the OTCQB Venture Market in the United States from 3rd of December this year. Ceylon…

Sri Lanka’s President Gotabaya Rajapaksa called the country’s private sector to make bold investments moving away from conservative and low-risk strategies to live up to its reputation as the engine…

The Sri Lanka Sustainable Energy Authority (SLSEA) is seeking consultants for the pre-feasibility study of installing solar rooftop systems in State buildings. The project is to be developed under a…

Sri Lanka’s growth-oriented budget is unlikely to provide a meaningful boost to output, according to Moody’s Investors Service. “Despite the growth focus of the budget, we do not expect it…

As we continue to witness the rise of luxury residences and apartments, modern living has become a familiar concept highlighting the need for design functionality and efficiency in our fast-paced…

HUTCH, Sri Lanka’s preferred choice for mobile broadband services has unveiled the newest version of the popular HUTCH Self Care app to offer HUTCH subscribers with an enhanced, all-inclusive digital…

In welcoming budget 2021, the Securities and Exchange Commission of Sri Lanka (SEC) said that the proposed measures would deepen the capital market activity with increased access to capital for…

COVID 19 has drastically changed the mobility trends around the world. Sri Lanka is no different to these changes and in fact, the country’s mobility trends were extremely volatile with…

Thailand, which leads ASEAN in 5G rollout, is eyeing the pole position in the race for ASEAN digital hub with its initiative to boost the ICT infrastructure and ecosystem, government…

Ocean Lanka Pvt Ltd, Sri Lanka’s largest weft knitted fabric manufacturer, announced that it has entered into a partnership with Cotton made in Africa (CmiA), one of the world’s leading…

Wins first place in recognition of its high standards in delivery ABS Courier – established in 2006 as the courier wing of AB Securitas (Private) Limited – recently won the…

INIVOS Consulting, the fully fledged Sri Lankan Enterprise Resource Planning (ERP) solutions provider announced its partnership with Muzulu, the UK based provider of industry leading ERP business solutions. The partnership…

Huawei, the global smartphone brand recently launched Y7a – a mid-range smartphone with one of the largest screens that would undoubtedly be craved by heavy social media users and mobile…

At the 2020 Global Mobile Broadband Forum (MBBF), Huawei’s Executive Director and President of the Carrier Business Group Ryan Ding gave his keynote speech “Maximizing Wireless Network Value for a…

The State Minister of Money Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal reiterated that the Government is able to manage the debt servicing with the available without resorting…

Sri Lanka’s air pollution levels have returned back to normal levels from the sudden rise in air pollution levels recorded in late October. “the pollutant levels are in decreasing trend…

The United States (U.S.) expressed its strong commitment to promote and expand private sector investments aimed at employment creation in Indo-Pacific Region including in Sri Lanka as an alternative to…

The Cabinet of Ministers recently approved a proposal to conduct a feasibility study to expand the capacity of Sapugaskanda oil refinery which is owned by the Ceylon Petroleum Corporation. The…

The Global Mental Wellness economy is estimated to be over $121 billion in value, according to the first-ever global research in measuring mental wellness as a global industry. The Global…

Sri Lanka’s Town Planners urge for a fresh approach in urban planning by taking up the unprecedented challenges as well as opportunities posed by the global pandemic disrupting daily life…

The Swadeshi Industrial Works PLC launched a novel hygiene awareness campaign for Sri Lanka’s primary school children to coincide with the World Children’s Day celebrations. Titled “Swadeshi Khomba Baby Hoda…

Sri Lanka’s preferred choice for mobile broadband services, HUTCH has appointed popular social media influencer and a movie star Gayathri Shan as a new brand ambassador. With this appointment, HUTCH…

In the latest national rankings of ‘Listed Finance Companies of Sri Lanka’ Report by K Seed Investments, Singer Finance (Lanka) has seized the best performing Finance Company rank among Tier…

Huawei Nova 7 SE is the latest 5G smartphone to arrive in Sri Lanka featuring top of the line specifications and a game-changing design. With Nova 7 SE, Huawei revolutionizes…

The United Arab Emirates said on Saturday it was cancelling lenient penalties for so-called “honour killings” and amending inheritance laws for residents as part of a reform of personal and…

Sri Lankan shares rose for a fourth straight session to end at their highest level since early January on Friday, helped by gains in industrial and financial stocks. The benchmark…

The Ceylon Chamber of Commerce CCC) decided to organize its 20th Sri Lanka Economic Summit (SLES) on the 1st and 2nd of December 2020 virtually for the first time in…

Sri Lankan shares ended at their highest in more than a month on Thursday, driven by gains in industrial and consumer staples stocks. The benchmark stock index ended up 1.66%…

Amidst a backdrop of uncertainty, Hatch and London Stock Exchange Group (LSEG) SL successfully completed the fourth iteration of the KICKASS Bootcamp, a one-month long development programme designed to address…

VMware’s Multi-Cloud Strategy Unlocks the Value From Any Cloud While Delivering Better Security and Simplified Operations VMware, Inc. (NYSE: VMW) announced new innovations to help customers build, run, manage, connect,…

Huawei launched HUAWEI CLOUD Meeting, its full-scenario, secure and reliable global video conferencing solution in Asia Pacific on Monday. The award-winning device-cloud synergy solution enables effective internal and external meetings…

Uber, Lyft and other app-based ride-hailing and delivery services spent $200 million in a winning bet to circumvent California lawmakers and the courts to preserve their business model by keeping…

Bharti Airtel Lanka may still seek a merger and acquisition (M&A) deal due to competition and higher taxes amid elevated capex requirements, Fitch Rating said a latest report. “Telcos in…

Milliman, Inc., a premier global consulting and actuarial firm, announced that it will begin operations in Sri Lanka after an agreement to acquire Colombo-based Spark Actuarial Private Limited came into…

The age of 5G has dawned. Huawei, a pioneer in 5G technology and the global smartphone manufacturer recently unveiled the first ever mid-range 5G smartphone. Huawei Nova 7 SE is…

The Pacific Asia Travel Association (PATA) has awarded its highest individual honor, Life Membership to one of Sri Lanka’s renowned hotelier and Jetwing Symphony PLC, Chairman, Hiran Cooray in recognizing…

3GPP recently announced that the 5G Deterministic Networking Alliance (5GDNA) has become its Market Representation Partner (MRP), making it the third organization member from 5G vertical industry after 5G Automotive…

The newly launched Alta Hospitality Asia fund of Hong-Kong-based Alta Capital Real Estate eyes a prime real-estate in Galle to develop a premier wellness retreat with comprehensive facilities and luxury…

Combined entity will have the leadership, resources and scale to successfully capitalize on opportunities in the fast-growing data industry.   Merged capabilities will create a single comprehensive and fully integrated…

Sri Lanka’s government bonds fell heavily on Wednesday as the United States ratcheted up pressure on the country’s government over its ties with China. U.S. Secretary of State Mike Pompeo,…

Singer Sri Lanka PLC, country’s premier consumer durables retailer has partnered with Trident Corporation, a leading distributor of IT hardware, software and printing solutions in Sri Lanka to serve globally…

The United States (U.S.) Secretary of State, Mike Pompeo yesterday arrived in Sri Lanka for a two-day visit during which he would hold talks with the top Lankan leadership, as…

India-based ICICI  bank has shut down its offshore unit in Sri Lanka after securing approval from the country’s Central Bank (CB) last week. “The Monetary Board of the Central Bank…

Strengthened 5G Telco Cloud Portfolio with Cloud Native Support enables businesses to better harness emerging technologies in Sri Lanka’s cloud and mobile first economy VMware, Inc. (NYSE: VMW) recently announced…

Win a gold necklace and many more exciting gifts every week! The Swadeshi Industrial Works PLC has launched yet another exciting promotion for the loyal consumers of Rani Sandalwood soap…

Huawei recently announced its business results for the first three quarters of 2020. During this period, Huawei generated CNYv671.3 billion in revenue, an increase of 9.9% over the same period…

Ideal Motors Pvt Ltd and its subsidiary Ideal First Choice Pvt Ltd (part of the Ideal Group of Companies) have pioneered an insurance reward scheme free of charge, an industry…

Sri Lanka’s total cement volumes is forecasted to recover in 2022 financial year after an anticipated dip in 2021 financial year due to COVID-19 induced economic crisis, according to First…

The government decided to ban a range single-use plastic and polythene waste material products including Poly Ethylene Terephthalate (PET) and Vinyl Chloride (PVC) containers from with effect from 2021. The…

Enriching lives with technology Huawei Consumer Business Group (BG) recently published its Sustainability Progress Report. The report highlights the company’s sustainability achievements over the past decade, covering four major areas…

The All Island Dairy Association (AIDA) urges the government to remove restrictions on land and water utilization for forage crops to increase the quantity and quality of milk production. All…

the UN Broadband Commission and Huawei held the sixth Ultra-Broadband Forum (UBBF 2020) online in Beijing. With the theme of “Intelligent Connectivity, New Value Together”, this year’s UBBF discussed the…

Huawei, the global smartphone brand has ensured that its devices meet the benchmarks needed to provide a seamless Work From Home (WFH) and Learn From Home (LFH) experience. WFH and…

Focus on intrinsic security enables organizations to build future-ready businesses to thrive in the age of the distributed workforce Cutting edge solutions provide CISOs with unprecedented visibility into the enterprise…

The inaugural Sri Lanka Army Commander’s T20 League tournament concluded on the 17th October 2020 at the SLAOC Grounds, Dombagoda with DIMO Southern Warriors emerging victorious.  DIMO Southern Warriors beat…

The Prime Minister Mahinda Rajapaksa, made a brief impromptu visit to the country largest integrated mixed development project, Cinnamon Life construction site earlier yesterday, where he met with John Keels…

At HUAWEI CONNECT 2020, Huawei officially released its Autonomous Driving Network (ADN) solution for the enterprise market. This future-proof solution brings intelligence to networks and completely integrates artificial intelligence (AI)…

“DIMO Agribusinesses”, the agriculture arm of DIMO, has selected its Agri Techno Park located in Dambulla (mid-country) to embark on its journey in Agro Tourism. “DIMO Agribusinesses” owns three Agri…

The government has decided to build multi-storied car parks with housing and office units in the recently acquired Otter Aquatic Club premises and three other locations in Colombo City, the…

According to latest local media reports, the major shareholders of the Altair project have filed legal action in the District Court of Colombo against PricewaterhouseCoopers Lanka Ltd. (PwC Sri Lanka),…

DIMO, the only Authorized General Distributor for Mercedes-Benz and Jeep in Sri Lanka, has continued to highlight its strong commitment towards providing customer-centric service with its latest announcement of the…

First time author, A. A. Moses recently launched her novel, Jamie’s Magical Adventures in Floffinville in a virtual event in September engaging viewers in fun quizzes and a captivating book…

A leading tea broker expects prices of Ceylon tea to sustain at current levels over the short-to-medium term betting on a continuous demand while the prices normalizes with supply constraints…

Singer (Sri Lanka) PLC, the country’s premier consumer durables retailer has been honored with first ever Sri Lanka’s Retail Brand of the Year tribute from one of the most keenly…

Moves to new office, strengthens team and expands offerings Communique PR, with its innovative outlook in the field of Public Relations, has completed its first year of operations in the…

Ensures a smoother experience through essential technical advisory The World’s Biggest Book Sale, returning via www.bigbadwolfbooks.lk this year will be extended beyond the scheduled closure date, initially from 4th October,…

HatchX, Sri Lanka’s first fintech startup accelerator programme, recently concluded its demo day with its first cohort of 7 promising local fintech startups graduating from the programme and getting connected…

Sri Lanka’s Hutchison Telecommunications (Hutch) among the world’s top 30 “most improved” mobile operators in terms of Upload Speed Experience and fourth generation (4G) availability, according to a report by…

Axiata Digital Labs announced today that they have signed a partnership with the local chapter of the UK based Chartered Institute for IT professionals BCS Sri Lanka, to sponsor National…

Reframe your fitness, health and style with the latest smart sports watch from Huawei Huawei recently announced the launch of its latest fitness watch, HUAWEI WATCH FIT. Huawei’s first ever…

Stop Child Cruelty Trust (SCC), an organization committed to ending cruelty to children especially corporal punishment is the sole organization registered with the Office of the United Nations High Commissioner…

SLIM NASCO Awards 2020, Sri Lanka’s premier national sales awards ceremony held in recognition of the outstanding performances of sales professionals gets underway for the 20th time. The organizers of…

ICT can bring new value and approaches to digital inclusion At HUAWEI CONNECT 2020, which kicked off Recently, Kevin Zhang, Chief Marketing Officer of Huawei ICT Infrastructure, addressed the online…

World’s Biggest Book Sale goes online from 1st-4th October 2020 Its official, the World’s Biggest Book Sale is back in Sri Lanka! Taking an innovative approach, The Big Bad Wolf…

Axiata Digital Labs announced recently that they have entered into a partnership with the Computer Society of Sri Lanka (CSSL) as a sponsor of the National IT Conference 2020 (NITC…

The Central Bank of Sri Lanka has identified the need to facilitate non-resident investors to enable to invest in government securities and other sectors to encourage the inflow of foreign…

The exultant second run of Singer Huawei Carnival that awards large discounts on even new hi-tech gadgets is now on till end of September. Huawei, the innovative smartphone manufacturer and…

Prime Group – the country’s leading real estate company and the only one in the industry to be ICRA [A] – Stable rated in Sri Lanka – won two prestigious…

Huawei Developer Conference 2020 (Together) was held today at Songshan Lake. In the keynote speech, Huawei announced major upcoming updates for HarmonyOS 2.0, EMUI 11, HMS(Huawei Mobile Services), HUAWEI HiLink,…

Pelwatte Dairy transforms the shopping experience with value-for-money dairy deals Pelwatte Dairy Industries – Sri Lanka’s renowned dairy producer – has extended some exciting value-for-money deals that can be availed…

Singer Sri Lanka PLC has been commended for its exceptional sales performances, best sales improvement and their contribution for VRF Inverter Multi system Air Conditioning Solutions of Mitsubishi Heavy Industries.…

Huawei, the leading global technology solutions provider, recently hosted the “Huawei Golf Tournament 2020” in Sri Lanka, ushering a monumental partnership with the country’s golf game. In its latest foray…

Ocean Lanka Pvt Ltd, Sri Lanka’s largest weft knitted fabric manufacturer, recognised and rewarded a large cohort of long-serving employees at the ‘Sewa Abhiman 2020’ Loyalty Awards, where gold coins…

The Huawei 5G Microwave Asia-Pacific Conference was held online recently, bringing together more than 130 guests to share insights into 5G microwave applications and to discuss how microwave solutions contribute…

As the world integrates the ‘New Normal’ in the ecosystem, Sri Lanka’s digital framework is pacing with fresh energy and has bold plans for the future. The ‘New Normal’ has…

, Book lovers across Sri Lanka, it’s time to get ready for the Big Bad Wolf Book Sale. The Sale is coming to Sri Lanka for the 4th consecutive year,…

Huawei P40 Pro is the latest addition to Huawei’s array of smartphones unveiled in 2020. Categorically a flagship device, P40 Pro’s design resembles the beauty and form of flowing water…

Banks are facing increased challenges in meeting heightened regulatory expectations AML compliance is a board level issue with continuing operational challenges and investments not bearing fruit Banks are following a…

Huawei P40 Pro is the latest flagship smartphone rolled out in Sri Lanka by Huawei, the innovative smartphone manufacturer. The all-new Huawei P40 Pro is expected to revolutionize the smartphone…

Axiata Digital Labs announced that they have entered into a partnership with LK Domain Registry to sponsor the BestWeb.lk Awards 2020.  The partnership results in Axiata Digital Labs being crowned…

Use of drugs by school children in both urban and rural areas of Sri Lanka has been a significant concern for well over a decade particularly because it is a…

INIVOS Consulting, the fully-fledged Enterprise Resource Planning (ERP) solutions provider has launched its assortment of solutions to Sri Lanka’s enterprise sector in a bid to provide end-to-end solutions, earmarked to…

Singer, Sri Lanka’s premier consumer durables retailer, has partnered with Signature Group, Malaysia’s largest Kitchen Cabinet and Wardrobe manufacturer. With this new partnership, Singer aims to begin manufacturing Signature Kitchen…

Huawei, the innovative smartphone manufacturer has introduced an all-new Postal Repair Service in a bid to support the Huawei device holders. With this latest initiative, which is available 24/7 and…

Aims to provide a world-class customer experience Singer (Sri Lanka), the premier consumer durables retailer has collaborated with Sri Lanka Institute of Marketing (SLIM), the apex body for marketers, to…

Dubbed the “Oscars” of the design industry, the Red Dot Award: Brands & Communication Design was recently awarded to HUAWEI Assistant · TODAY. Based on Red Dot’s motto of “In…

Since its inception, Ocean Lanka has established itself as Sri Lanka’s largest weft knitted fabric manufacturer, overseeing all four phases of fabric production from knitting to dyeing, printing and finishing.…

World’s leading ICT provider, Huawei co-sponsors Information & Communication Technology Agency of Sri Lanka (ICTA) for e-Swabhimani 2020 – Digital Social Impact Awards programme that recognizes the excellence of the…

Pelwatte Dairy, the renowned dairy producer of Sri Lanka has been commended by the bakery and culinary industry experts who commends its rich flavour and creamy texture. The flavour and…

The local diary giant Pelwatte introduced two brand new flavours to their ice cream palette. The unique Faluda and Ginger Biscuit flavours will allure more ice cream enthusiasts to go…

Ideal Motors, a fully owned subsidiary of the Ideal Group and the authorized distributor for Mahindra motor vehicles, motor cycles and utility products in Sri Lanka, has gained market dominance…

How good is betting on a South Asian startup incubator dojo aimed at would-be-entrepreneur females with only a burning passion for their crafts and launched in the smack middle of…

Huawei Consumer Business Group (CBG) recently received two awards from the European Image and Sound Association (EISA), a group comprising 55 of the world’s most respected consumer electronics magazines. HUAWEI’s…

The Singer Fashion Academy, being in operation for over 60 years, has called for new enrollments to its Certificate in Fashion Designing – a highly sought-after qualification in Sri Lanka’s…

By Sanjeewa Bandaranayake Non-Banking Financial Institutions (NBFI) sector has evolved over the past years to be a stronger force in the finance industry in Sri Lanka. Unfortunately, the public only…

Sri Lanka Unites is the honored custodian of this comprehensive compilation of Ambassador Jayantha Dhanapala’s work December 15, 2019 saw the launch of a long awaited book sharing the life…

Leverages longstanding relationships with international carriers to ship exports Leading integrated global logistics solutions provider, Expolanka Freight (EFL) announced the successful completion of two shipments of general and perishable goods…

G M A de Silva, one of the most trusted jewellers for the consumers in Southern Sri Lanka, will be celebrating its 100th anniversary this year. GMA de Silva (Pvt)…

The Central Bank of Sri Lanka (CBSL) has revised the regulated interest rates for Credit Cards, Pre-arranged Temporary Overdrafts, Pawning Facilities and Penal interest rate over the regular interest rate.…

Sri Lanka is expecting a contraction of gross domestic product (GDP) in the second quarter of 2020 and a rebound in the fourth quarter of the year, Chandranath Amarasekara, Director…

Sri Lanka’s technological transformation is at the forefront of His Excellency President Gotabaya Rajapaksa’s vision for the country. To strengthen the execution of this digital roadmap, three strategic new appointments…

With the appointment of the new cabinet of ministers bringing about, a re-start to Sri Lanka’s economic activities, the Colombo Stock Brokers Association (CSBA) extends its wholehearted congratulations and best…

Delivering the Policy Statement of the new government at the ceremonial sitting of the Parliament today (20), President Gotabaya Rajapaksa stated that Sri Lanka will halt the cultivation of oil…

Huawei, the innovative smartphone manufacturer recently launched the feature packed Huawei P40 Pro in Sri Lanka taking the smartphone photography a step further. This powerhouse has a refractive matte finish…

Perfect fit coming in with exciting colorway Huawei, the innovative smartphone manufacturer, recently introduced the Skyline Grey edition of Huawei Nova 7i in Sri Lanka extending the color choices for…

Huawei, the innovative smartphone manufacturer, recently launched the Huawei Y6p in Sri Lanka featuring an innovative triple camera set up that revolutionizes smartphone photography, promising more stable and detailed images.…

HeiQ Viroblock technology proven to be effective against SARS-CoV-2 (Covid-19)* Velona, a leading brand in the hygiene and clothing segment in Sri Lanka recently introduced the Velona Protect antiviral mask…

She Loves Tech is the world’s largest startup competition for women and technology. The competition, together with its conference, has continuously expanded into 30+ countries. This year marks the 6th…

Increases PAT by 29% and retains industry-best NPLs ‘A’ Stable rating reaffirmed by ICRA Rated amongst Top 50 Brands for 2019/20 by LMD Commercial Leasing and Finance PLC (CLC) concluded…

VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced the appointment of Devendra Manuvel to the company’s leadership team as Country Sales Manager for Sri Lanka and…

Uga Shines big at the Tripadvisor Travelers’ Choice Best of the Best Awards 2020 The world’s largest travel platform has picked a leading Sri Lankan hotel brand to reward in…

By Roshan Abeygoonewardena The Finance Houses Association of Sri Lanka (FHA), as the apex body of 39 Regulated Finance Companies registered with Central Bank of Sri Lanka (CBSL), plays an…

BID2WIN bidding competition organized by zMessenger in collaboration with HUTCH was concluded recently with an awards ceremony that rewarded the winners of several promotions conducted this year. Ashane Imantha Gunesena…

The new government has for the first time in 40 years taken the subject of women’s and children’s affairs outside the scope of a Cabinet level Ministry. This subject has…

The COVID-19 pandemic has revealed a great deal of vulnerabilities in our world and our way of life that we never imagined we had. But in this time, technology has…

In a first for Sri Lanka, John Keells Properties -through a strategic collaboration with Commercial Bank-has launched ‘Freedom Mortgages’, a new home financing solution which waives the interest on home…

Havelock City mixed-use development marked the completion up to the roof slab of its highly anticipated 50 storey office tower at a topping out ceremony held onsite. The LEED Gold…

Tikiri Toys – the hugely successful Sri Lankan brand of natural play products – has been awarded the prestigious ‘Ethical Gift of the Year’ title at the recently held NEC…

IFS, the global enterprise applications company was duly recognized as a leader in the Gartner Magic Quadrant for Field Service Management (FSM).   IFS achieved the highest overall position for its…

SIEMENS – DIMO consortium recently signed agreement with the Ceylon Electricity Board (CEB) to embark on the Medium Voltage distribution sub project package 05 of the “National Transmission and Distribution…

Carmart (Pvt) Ltd, the official representative for Peugeot in Sri Lanka, are set to revolutionise the automotive maintenance sector thanks to the introduction of Peugeot parent group’s (PSA) “VIDEOCHECK” platform.…

You can always count on great food from Mandarina; it’s the place to go if you’re a foodie on a budget! Now, Mandarina has once again innovated a Sri Lankan…

Hutch, Sri Lanka’s preferred choice for mobile broadband services, has unveiled Unlimited Social Media plans including Facebook, Messenger and WhatsApp in yet another customer-oriented service offering. The customers can avail…

The tech company reveals its long-term plan to bridge the ICT talent gap and calls for a cross-sector collaboration at the Huawei Asia Pacific ICT Talent Forum 2020 Huawei Technologies…

The Ceylon Motor Traders Association (CMTA), the only trade association in Sri Lanka that represents automotive manufacturers through their local importers, urged the Government to provide a clear direction on…

Pioneer Sri Lankan owned entity to produce specialist bituminous products in the post independent era, Colombo Stock Exchange listed Industrial Asphalts (Ceylon) PLC – IAC (Stock Code ASPH.N) got company’s…

Huawei announced recently the release of a global digital economy policy study titled “Think digital. Think archetype. Your digital economy model.” The report provides a novel approach to digital transformation…

The Sri Lanka Association for Software Services Companies (SLASSCOM), which is the national chamber for the IT/BPM industry in Sri Lanka, under the patronage of the Royal Norwegian Embassy in…

“There is no keener revelation than a society’s soul than which it treats its children” – Nelson Mandela Stop Child Cruelty Trust (www.stopchildcruelty.com ), an organization committed to ending cruelty…

Axiata Digital Labs (ADL) is pleased to announce the addition of Sanharsha Jayatissa, Fawaz Ashraff and Niresh Samaranayake to their Senior Leadership Team. ADL, an innovative software service provider, has…

Enterprise Analytics, a leading provider of pioneering technology-based business solutions, recently partnered with Acumatica (www.acumatica.com), a leading Cloud ERP platform, to extend Enterprise Resource Planning (ERP) solutions to the growing…

Mahindra Finance, India’s leading Non-Banking Finance Company together with Ideal Finance Ltd, the finance arm of the Ideal Group, recently introduced a special COVID Sahana package to facilitate buyers of…

Sponsors five beach caretakers Save the Waves foundation, a beach cleaning initiative funded and raised by Dell Technologies recently signed a MOU with Marine Environment Protection Authority (MEPA) to sponsor…

As part of its efforts to deliver a better experience to its customers, HUTCH, Sri Lanka’s fastest growing mobile broadband service provider, recently upgraded its primary customer service point at…

Unique student offers to assist the new Learn From Home model in Sri Lanka Introduces Dell Inspiron 15 5593 laptop and Dell Inspiron 14 5491 laptop and tablet mode powered…

From setting up businesses to managing finances and everything in between, Simplebooks, a leading company registrar has revolutionized the business landscape of Sri Lanka as a one-stop destination for all…

Looks like it’s time for Sri Lanka to howl along with their favourite Wolf. That’s right, – the Wolf will be back in Sri Lanka for the 4th consecutive year…

Wins 2 Gold, 1 Silver and 2 Bronze awards Newton Lanka, an extension of Newton TAC Malaysia proudly bagged five awards at the recently concluded Asian Customer Engagement Forum 2020…

Sri Lanka Institute of Marketing (SLIM), the national body for marketing in Sri Lanka announced the SLIM DIGIS 2020, the most coveted digital awards ceremony in a revolutionary online press…

Stop Child Cruelty Trust (www.stopchildcruelty.com), an organization committed to ending cruelty to children has launched the #JUSTSAYNO National campaign of awareness videos, petition and first public live Zoom discussion via…

Reassuring its commitment towards providing the Best Customer Experience, DIMO recently implemented several projects to elevate the customer experience by introducing numerous digital platforms. “DIMO made a strategic decision to…

      Applications close on 31st July Information and Communication Technology Agency of Sri Lanka (ICTA) the premier government institution driving the nation towards digital inclusivity, calls for applications for the…

the benefit of using a face shield as personal protective gears As Sri Lanka restarted the normal work culture, post the COVID19 lockdown, there has been an ongoing dialogue on…

Offering an uninterrupted smartphone experience Huawei, the innovative smartphone manufacturer, recently unveiled the all-new Huawei Y6p featuring a 5000mAh long-lasting battery that helps users get through their everyday tasks without…

Hatch launched “Open House” a free mentorship program that connects mentors with startup founders to provide guidance and insight to grow their startups. Since the outbreak of the pandemic, Hatch…

With the completion of its bigger and better island wide 4G network in February this year, HUTCH is on course to enhance its brand presence and further establish itself as…

Calls for positive reforms strengthening legal enforcement and industry cooperation The Finance Houses Association of Sri Lanka (FHA) announced that it will continue to empower the nation with ethical finance…

Huawei announced its business results for the first half of 2020 today. The company generated over US $ 64.2 billion (CNY 454 billion) in revenue during this period, a 13.1%…

By Vidura Prabhath Huawei, the innovative smartphone manufacturer, recently marked its footprint in the laptop arena with the launch of Huawei MateBook D15 and Matebook 13. Both the laptops are…

With its aim to assist in the process of reviving the country’s economy, the Agri Machinery Division of DIMO together with its partner Mahindra tractors came to the fore in…

People around the world cherish US manufactured SUV’s and Pick-up trucks for their premium look and features coupled with the ample spaciousness which is a key for travelling purposes. But…

IFS, the global enterprise applications company, was recently recognized in the top five Export Corporate Brands for IT Services in the latest edition of the Brands Annual magazine. IFS secured…

Axiata Digital Labs (ADL) today announced its participation in TM Forum’s renowned collaborative proof-of-concept Catalyst program focused on co-creating innovative solutions to important industry challenges leveraging key TM Forum best…

Setting a new benchmark for entry-level smartphones, Huawei, the innovative smartphone manufacturer, recently launched Huawei Y6p featuring 4GB RAM + 64GB ROM. Huawei Y6p is considered as the benchmark of…

Newton Lanka, an extension of Newton TAC Malaysia recently provided Safe Shoppers tool kit for Domino’s in a bid to strengthen the Zero Contact experience for Dine-In. The campaign was…

Huawei’s Deputy Chairman Ken Hu outlined its vision and action plan for education under its digital inclusion initiative TECH4ALL at the Global Education Webinar entitled “Driving Equity and Quality with…

Global leading ICT infrastructure provider Huawei has ranked No. 6 in BCG’s recent released list of the 50 Most Innovative Companies in 2020, moved up by 42 places. This is…

Underpinned by an unrelenting drive for innovation, Huawei makes the top 50 for the fifth consecutive year Huawei is steadfast in its commitment to innovation and driving value for global…

New search tool powered by the Petal Search engine has been created in partnership with global search engine leaders to offer Huawei users an innovative and diverse search experience Huawei,…

Ocean Lanka (Pvt.) Ltd., Sri Lanka’s largest weft knitted fabric manufacturer is currently conducting third party trials for its very own all natural anti-bacterial face mask. The company has announced…

Including the most awaited Y6p with 4 GB RAM + 64GB storage Huawei, the innovative smartphone manufacturer recently launched multiple smart devices namely Huawei Y6p, Y5p, Huawei MatePad T 8,…

Mobile-telco industry is a vastly evolving field with new technologies emerging to challenge the ongoing trends. Mobile network providers have a key role to play in aligning with new technologies…

ශ‍්‍රී ලංකාවේ ප‍්‍රමුඛතම මූල්‍ය සමාගමක් වන HNB FINANCE ජාතික දිගුකාලීන ෆිච් ණය ශ්‍රේණිගතකරණයේ ඉදිරියට පැමිණෙමින් ‘AA-(lka)’ණය ශ්‍රේණිය හිමිකර ගැනීමට සමත් විය. පොදුවේ මෙවන් අභියෝගාත්මක පසුබිමක් සහිත කාල පරිච්ෙඡ්දයක් තුළ HNB FINANCE සමාගමට zAA-(lks)’ ණය ශ්‍රේණිය…

The International Monetary Fund has lowered its global growth forecast for this year and next in the wake of the coronavirus pandemic. It now predicts a decline of almost 5%…

දේශීය විලාසිතා නිර්මාණකරණ ක්ෂේත්‍රය තුළ වූ කුසලතා වර්ධනය කිරීම උදෙසා කැපවෙමින් ක්‍රියා කරන සිංගර් හි අනුබද්ධිත ආයතනයක් වන සිංගර් ෆැෂන්  ඇකඩමිය වසර 60 කට අධික ප්‍රෞඪ ඉතිහාසයකට උරුමකම් කියන කීර්තිමත්…

Pelwatte, the leading local dairy manufacturing company conducted several consumer driven CSR projects which manifested the company’s commitment towards the social upliftment amidst the Covid-19 crisis. Mithuru Mithuro Movement is…

Two entry-level smart phones including Huawei Y5p make their appearance Setting a new benchmark for entry-level smartphones, Huawei, the innovative smartphone manufacturer, recently launched two of the most feature-packed entry-level…

3 days of special discounts from 26th to 28th June SINGER, the country’s premier consumer durables retailer recently launched its new website in order to provide an optimal user experience…

Offering sophisticated jewelry solutions to meet international standards Ark Gems Ceylon, a unique handcrafted jewelry store was launched in Sri Lanka offering customized jewelry solutions to the local and international…

Ocean Lanka (Pvt.) Ltd., Sri Lanka’s largest weft knitted fabric manufacturer donated Rs. 1 million to the ‘Itukama’ COVID-19 Healthcare and Social Security Fund at the Presidential Secretariat recently. Further,…

Tune in to Huawei Online Launch and win amazing gifts Five Huawei devices are set for their debut in Sri Lanka at one of the biggest online launch events of…

Hutch Telecommunications, Sri Lanka’s preferred choice for mobile broadband services has enhanced its  popular cliQ app enabling all its 078 & 072 subscribers to enjoy unlimited Internet experience on its…

Hatch the hub for all things startups, recently launched KICKASS, an incubation program to support and empower women in business. The program launched in March already concluded two chapters with…

Asian Hotels and Properties PLC (AHPP) announced that it would be moving forward with major investments towards the refurbishment of Crescat Boulevard. First opening its doors in 1997, Crescat Boulevard…

Huawei, the innovative smartphone manufacturer, constantly equips its product portfolio with highly efficient and productive devices. Huawei Nova 7i and Huawei FreeBuds 3 are two such devices which revolutionized the…

Coding is a form of creative expression. The recently held SLASSCOM TechKids Online Coding competition is a prime example of that. Since the start of the lockdown, more and more…

Continuing its journey of introducing latest technologies to the local healthcare sector, DIMO Medical Engineering team successfully completed installation of world-class ZEISS OPMI Lumera 700 surgical microscope at Durdans Hospital…

Encourages valued participants to continue learning in the safety of their homes Towering 60 years of service excellence in the field of fashion, Singer Fashion Academy over the years has…

September 2020 intake to be announced by the French International School of Colombo École Française Internationale De Colombo (EFIC), also known as the French International School of Colombo celebrated a…

ශ්‍රී ලංකාව තුළ විශිෂ්ටතම බහු-භාෂා අධ්‍යාපාන අවස්ථාවන් පිරිනමන අධ්‍යාපන ආයතන අතර ප්‍රමුඛතම ආයතනයක් වන ප්‍රංශ ජාත්‍යන්තර පාසල ලෙසින් ප්‍රකට, École Française Internationale De Colombo (EFIC), පසුගියදා සිය 40 වැනි සංවත්සරය…

The Finance Houses Association of Sri Lanka (FHA) in its capacity as the apex association of 41 Registered licensed Finance companies of Sri Lanka, deeply condemns the alleged murder of…

The Colombo Stock Exchange resumed stock market operations on 11 May 2020, following an extended closure as a result of the COVID-19 pandemic. In this interview, Mr. Ray Abeywardena, the…

It has been decided at the Elections Commission’s meeting today (11), to hold the postal voting of the General Election 2020 on 13th, 14th, 15th, and 16th of July. The…

The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to establish the externality cost – i.e. social and environmental cost, that Sri Lanka incurred due to…

Standing from left: Deputy MD and Agriculture Director Janaka Gunasekera; MD and CEO Rolf Blaser; Healthcare Director Nishantha Weerasinghe. Seated from left: Finance Director Pavithra Samarasinghe; Non-Executive Chairman Lakshman Niyangoda,…

The Central Bank of Sri Lanka informs the general public that it will continue to take every possible step to ensure the protection of public deposits. Releasing a statement, Central…

Tourists will need a minimum stay of 5 nights in Sri Lanka from August, Sri Lanka Tourism Board said today. With safety guidelines and precautionary measures in place, Sri Lanka…

The MarCom Collective has commissioned Ernst and Young Sri Lanka (EYSL) to undertake a comprehensive study on the country’s marketing communications industry and its contribution to the Sri Lankan economy.…

සියලු සෞඛ්‍යාරක්ෂිත ක්‍රමවේදයන්ට අනුගත වෙමින් මීළහ අදියරයේ (Finishing Stage) ඉදිකිරීම් යළි ඇරඹේ. ශ්‍රී ලංකාවේ ප්‍රමුඛතම දේපල වෙළඳාම් සමාගමක් වන ප්‍රයිම් සමූහ ව්‍යාපාරයේ නවතම සුඛෝපභෝගී සහාධිපත්‍ය ව්‍යාපෘතිය (Luxury Condominium Project) වන…

Huawei, the innovative smartphone manufacturer, launched ‘’Huawei Service Mid-year Fiesta’’ to be held   from 1st June till 31st July 2020. Huawei offers special discounts for smartphone repairs and also complimentary…

ප්‍රජාවන් සහ අනෙකුත් පාර්ශවකරුවන් කෙරෙහි ඇති කැපවීම සහ ආයතනික වගකීම ඉටු කිරීමට, ජෝන් කීල්ස් සමූහය එහි ආයතනික සමාජ වගකීම් අංශය ඔස්සේ, ශ්‍රී ලංකාවෙන් COVID-19 තුරන් කිරීමේ වැඩපිළිවෙළෙහි ක්‍රියාකාරී සාමාජිකයෙක් වශයෙන්…

Huawei the leading global ICT solutions provider, has further extended the support to Sri Lanka’s fight against COVID-19 pandemic via launching AI-Assisted Automatic and Quick Diagnosis technology platform to frontline…

For an entertainment smartphone to stand out, photography and gaming is key. Huawei recently launched its HUAWEI nova 7i – equipped with a 48MP AI-powered quad-camera, it can handle all…

Appointment strengthens VMware’s ability to deliver innovations that accelerate the cloud and digital transformation journeys for organizations in the dynamic and fast-growing region VMware, Inc. (NYSE: VMW), a leading innovator…

Prof. Nalaka Jayakody, VC and CEO of Northshore Campus (L) and Prof. Ian G. Campbell, VC and CEO of Liverpool John Moores University, UK (R) Northshore Campus recently announced a…

IT Gallery Computers Private Limited, Sri Lanka together with Hangzhou Hikvision Digital Technology Co. Ltd, China, recently donated a Hikvision Temperature Screening Thermographic camera to the Airport and Aviation Services…

Axiata Digital Labs, the technology hub of AXIATA Group Berhad, Malaysia is expanding its sustainability and CSR initiatives with the launch of ADL Heartbeat, the sustainability arm of ADL. Stepping…

ජාතික පාරිභෝගික මිල දර්ශකයේ (2013 = 100) ලක්ෂ්‍යමය වෙනස මගින් මනිනු ලබන මතුපිට උද්ධමනය, 2020 මාර්තු මාසයේ පැවති සියයට 7.0හි සිට 2020 අප්‍රේල් මාසයේ දී සියයට 5.9 දක්වා පහළ ගියේ…

2011 අංක 42 දරණ මුදල් ව්‍යාපාර පනත යටතේ බලපත්‍රලාභී මුදල් සමාගමක් වන ‘ද ෆිනෑන්ස් කම්පැනි පී එල් සී ආයතනය’, 2008 වර්ෂයේ දී එම ආයතනය අයත් ව තිබූ සෙලින්කෝ සමාගම් සමුහයේ…

Photo Caption: Midas Safety Sri Lanka handing over 1.25 million medical gloves to Hon Prime Minister Mahinda Rajapaksa Midas Safety Sri Lanka, one of the world’s leading industrial safety glove manufacturer,…

Prof. Nalaka Jayakody, DSc With Sri Lanka being commended for its highly successful measures in containing the novel coronavirus which led to a global pandemic whilst many developed nations failed…

මහාචාර්ය නාලක ජයකොඩි (DSc) සංවර්ධිත රටවල් ඇතුළුව ලෝකයේ බොහොමයක් රටවල් කොවිඩ් 19 ගෝලීය වසංගතය ඉදිරියේ අසමර්ථ වෙද්දී නව කොරොනා වෛරසය පාලනය කිරීමට ගත් සාර්ථක ක්‍රියාමාර්ග ගැන ශ්‍රී ලංකාව පැසසුමට ලක්…

Huawei Malaysia introduced the Huawei ASEAN Academy, a dedicated training module set to empower digital talent in the region. In its commitment, Huawei aims to nurture 50,000 talents over the…

Huawei held its 17th annual Global Analyst Summit in Shenzhen, both onsite and online. At the event, Huawei was joined by over 2,000 analysts, key opinion leaders, and media representatives…

“Drifting the curve” is the SLASSCOM industry strategy for building momentum to come out of the “corner” (current situation) stronger. When race car drivers approach a bend on the track,…

When Sri Lanka entered a sudden lockdown, in response to the global COVID – 19 pandemic, Saaraketha, Sri Lanka’s largest retailer and exporter of certified fresh organic produce and ethically…

Introduces “Huawei Share” enhancing user experience and productivity Huawei, announced the introduction of Huawei MateBook D 15, the latest addition to Huawei’s product portfolio in Sri Lanka. The Huawei MateBook…

Launches #vivography to create a pool of photographs taken by local ‘vivo-users’ From candid snapshots to sleek ad campaigns and everywhere in between, smartphone photography has advanced rapidly in a…

The Asian Development Bank (ADB) has provided a guarantee for a $25 million trade loan to the State Pharmaceuticals Corporation of Sri Lanka (SPC) to purchase medical supplies as part…

The Planters’ Association of Ceylon (PA) commended exhaustive measures taken by Regional Plantation Companies (RPC) in partnership with Government and health authorities to minimize the risk of COVID-19 being transmitted…