Sunshine Holdings selects IFS for subsidiary companies
IFS, the global enterprise applications company, announces that Sunshine Holdings PLC, a leading conglomerate will roll out a comprehensive enterprise resource planning (ERP) platform from IFS for itself and ten…
Sterling Automobiles launches Steorra loyalty programme in partnership with HNB
Sterling Automobiles Lanka, the automobile industry trendsetter who introduced the Sterling Aftercare Guarantee has come forth with yet another trailblazing concept, the Steorra loyalty programme which was launched in partnership…
Asian stocks climb to record highs on Biden stimulus hopes
(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…
Hayleys Group and subsidiaries announce stock splits
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.…
Covid-19: Maldives signs deal with AstraZeneca for 700,000 vaccine doses
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 improve in December
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…
Second phase of GRI’s $100M Tyre Project to Be Commissioned in December
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,…
Latest $200 million SLDB issuance undersubscribed
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…
Central Bank orders banks to delay dividend payments
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…
Give your productivity a massive boost in 2021 with smart multi-devices powered by EMUI 11
Living in this hyper connected world, you probably have a few smart connected devices that you use daily. Smartphones naturally come to mind – after all they’re the primary tool…