UAE cancels lenient penalties for ‘honour killings’
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 end at 10-month high on industrials, financials boost
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 CCC to host Its Annual Sri Lanka Economic Summit virtually amidst COVID-19 threat
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 end higher on gains in industrial, consumer stocks
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%…
Hatch and LSEG SL completed the 4th iteration of the KICKASS Bootcamp
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 Empowers Customers to Build their Multi-Cloud Future
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,…
Uber, Lyft spend big, win in California vote about drivers
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…
Elevated capex requirements may force Airtel Lanka to seek a M&A deal – Fitch
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…
First-ever virtual IIT Cutting Edge showcases innovative IT and business solutions of students
Informatics Institute of Technology (IIT), the pioneer in British higher education in Sri Lanka and the country’s premier IT and Business campus, successfully concluded its first-ever virtual IIT Cutting Edge…
Milliman begins operations in Sri Lanka acquiring a local Actuarial firm
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…