FAQ on credit rating

It is a measure of the ability of an institution to meet its obligation in full in a timely manner. A debt security 

WHO suspends TB drugs from big India supplier on quality fears

REUTERS: The World Health Organization has suspended the approval of tuberculosis drugs made by India’s Svizera Labs, a major supplier to developing countries, following an investigation into standards

BlackRock’s Larry Fink paid nearly US$ 26 million in 2015

REUTERS: BlackRock Inc, the world’s largest asset manager, raised total compensation for Chairman

Ceylon Oxygen showcases novel healthcare solutions at ‘Medicare’

Ceylon Oxygen Limited (COL), a member of The Linde Group, is the country’s premier supplier of industrial

Starwood signs first U.S.-Cuba hotel deal since 1959 revolution

AFP: Starwood Hotels & Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S.

Nawaloka Hospital transforms liver disease treatment

Today liver disease is rising in Sri Lanka at an alarming rate, and is the second most common cause of hospital deaths after heart disease. For decades now, patients have had little choice but to take recourse

China says economy still under pressure, but recent data shows improvement

China’s economy still faces downward pressure but recent data points to some improvement in activity,

First ever Sri Lankan Google Online Shopping Festival powered by wOw.lk

wOw.lk, Sri Lanka’s largest online shopping mall, and a subsidiary of Dialog Axiata PLC has partnered with Google to introduce another “first” for the ecommerce industry. Modelled on the highly successful online shopping festivals

Laugfs Lubricants expands to Northern Province

Laugfs Lubricants (Pvt) Ltd, the first Sri Lankan company to enter the local lubricant industry back in 2008

Land Rover powers ‘British Car Day’

Land Rover together with The Classic Car Club of Ceylon conducted the ‘British Car Day’ on March 13th. 

S-lon wins JASTECA Merit Award for CSR

S-lon Lanka (Pvt) Ltd., the premier water management solutions provider and the market leader in thermoplastic pipes in Sri Lanka, was honoured with a Merit Award for CSR at the annual JASTECA Awards 2015

An Insurance Plan That Never Retires

ATL Life ( Amana Takaful Life ) recently launched another innovative life insurance product by introducing the first-ever Shari’ah compliant retirement plan – “DeergaYou” . This break through product caters to the growing demand for a pension plan

Leo Burnett only Sri Lankan agency to securea coveted spot on the Warc 100 list

Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett World wide recently secured its place on the Warc 100 long-term ranking list.

Samsung launches Galaxy S7 and Galaxy S7 edge in Sri Lanka, powers them with 7 Meaningful Innovatio

Samsung Electronics today announced the launch of its much-awaited flagship devices, Samsung Galaxy S7 and Galaxy S7 edge,in Sri Lanka. Amongst many other path-breaking innovations,

Nation Lanka Finance’s (NLF) Rs. 502 million Rights Issue oversubscribed

Nation Lanka Finance’s Rights Issue worth Rs. 502 million closed recently and was successfully over subscribed, with applications exceeding the initial share allocation

HNB has set new benchmark in corporate banking business: DGM - Corporate Banking

With its Corporate Banking surpassing a ‘Lending’ portfolio of Rs. 250 billion end 2015, Hatton National Bank (HNB) has notched another significant milestone as the financial institution with the largest portfolio in this sector, amongst all private sector commercial banks, both local and foreign, in Sri Lanka.

Global Compact Network Sri Lanka pledges to shine a light on Climate Action together with Earth Hour

Global Compact Network Sri Lanka partnered with Earth Hour Sri Lanka to celebrate Earth Hour by promoting the cause of sustainability 

British Car Day, powered by Land Rover

Land Rover together with The Classic Car Club of Ceylon conducted the ‘British Car Day’ on the 13th of March. The event commencedat 8am at the iconic and picturesque 

SLT Mobitel partners with Lanka Sathosa

The National Mobile Service Provider SLT Mobitel has expanded its mCash merchant and retailer network once more by securing a new partnership with Lanka Sathosa to offer customers 

AIIB to unlock South Asia’s economic potential

South Asia’s economic potential has long been constrained by low levels of economic integration. Despite

Technomedics launches Dreams Sleep Centre

Technomedics, a leading turnkey solutions provider in the healthcare industry, has invested in a first-of-its-kind

Climate change impacts, agriculture and a toxin-free Sri Lanka

On March 6, 2016, the Government of Sri Lanka launched the ‘Vasa Visa Nethi Ratak’ - a three-year programme

Hemas Hospitals awarded full reaccreditation with ACHSI

Hemas Hospitals, a market leader in healthcare, was recently awarded full reaccreditation for another four years, 

Lanka Hospitals becomes first JCIA-accredited hospital to perform bone marrow transplant in Sri Lank

In yet another record breaking milestone in the private healthcare industry in Sri Lanka, the multi-award

GREENING SUPPLY CHAINSFOR A SUSTAINABLE TOMORROW

As we approach earth hour on 19thMarch, I thought it is important to create awareness among professionals as to how we should contribute to a sustainable tomorrow through our actions.

Professional Bankers Association holds Annual Memorial Oration & Awards

Recognising the fine accomplishment of 50 young women and men who excelled in banking and finance examination

People’s Bank Highlights Carbon Management as a Key Building Block in its ‘People’s Green Pulse’ Env

People’s Bank Highlights Carbon Management as a Key Building Block in its ‘People’s Green Pulse’ Environmental Sustainability Journey

Otara Gunewardene continues to support Earth Hour Sri Lanka

Otara Gunewardene, a renowned Sri Lankan entrepreneur and the Founder of ODEL and Embark, pledged her support for Earth Hour Sri Lanka,

Award winning travel bloggers to attend Cinnamon Travel Bloggers Conference and awards 2016

Cinnamon Hotels & Resorts together with the national carrier SriLankanAirlines are gearing up to host an incredible group of 60 travel bloggers

Chevron CEO shares leadership experience with senior parliamentary staff

Chevron Lubricants Lanka PLC MD/CEO Kishu Gomes was invited to speak to the senior leaders and