Sisila Lanka (Pvt.) Ltdintroduced SAP Business one for its operations and selectedPerfect Business Solutions Services (Pvt.) Ltd (PBSS) as its implementation partner.

Fonterra Brands Sri Lanka, the dairy co-operative behind Anchor, recently surpassed the Rs. 3 billion investment-mark in its commitment to building a thriving local dairy industry and boosting the availability of high quality, local dairy nutrition f

For decades, China has been both a focal point of India’s foreign policy and its main rival on the international scene. The defeat in the 1962 war, China’s economic, military and political support for Pakistan and incidents at the dispute

OPPO, the selfie expert unveiled a Dashing Blue Limited Edition of OPPO F5 recently.  This striking new color edition continues the success of the F5 series, OPPO’s first full-screen model featuring groundbreaking A.I. beauty recognition t

Serendib Technologies Asia (Pvt) Ltd., the official national representative and distributor of fastest growing smartphone brand Mi, has recently announced the expansion of its existing portfolio with further products. 

The classic intranet is dead.As platforms purely for information they have offered too little additional value and many companies have been replacing them with effective enterprise portals.These portals provide employees with all the important workfl

A new group of ‘cloud masters’ is emerging according to a global survey of 730 IT professionals conducted by Longitude. 

This Valentine’s Day, millions of people across Asia - and around the world - will express their feelings and celebrate the special relationships they have with their loved ones, through the exchange of cards and gifts in a tradition that can b

Seylan Bank recently entered into a partnership with LankaPropertyWeb.com, Sri Lanka’s largest property manager to offer premium home loan facilities.

Kanrich Finance, spanning over 45 years of extraordinary service in the Sri Lankan finance industry, announced recently that former Chairman P.A. Pemathilaka has retired from his exceptional service towards Kanrich and Dr. W.M. Hemachandra, an outsta

Nations Trust Bank partnered with Unigiros, a remittance services provider in Israel, to facilitate easy remittances to Sri Lanka for the growing Sri Lankan community in Israel.

Insurers are likely to see a moderate increase in investment income volatility following the implementation of IFRS 9 accounting standards for financial instruments at the start of 2018, as more financial assets will be valued on a fair-value basis,

The world-renowned Andrew Lloyd Webber production of ‘The Sound of Music’ will be performed in Sri Lanka from February 14th to 18th, marking the first time an award-winning West End show of such calibre is performed in the country.

RIL Property PLC this week announced plans to issue fresh shares to its existing shareholders to raise money in a bid to settle part of its bank borrowings that weigh on group profits.  

The first Ironman event in South Asia would be held from February 22-25 in Sri Lanka, with the Ironman 70.3 Colombo international triathlon and exhibition set to generate US$ 3 million in tourism earnings for the country and haul in high net worth in

The acquisition of Singer Sri Lanka PLC in a blockbuster deal last year boosted Hayleys PLC’s top line, but the leveraged buy-out is now weighing on the country’s most diversified conglomerate’s bottom line performance. 

The Colombo-Melbourne daily direct flight operated by SriLankan Airlines has broken even and is making profits now, the airline said in a statement yesterday.  

Making a strong case for free cross-border trade, Harvard Kennedy School’s Professor Robert Lawrence, delivering a lecture in Colombo last week, highlighted that tariffs are the wrong way to raise revenue for a government.   

Sirio, a leading export oriented apparel company in Badalgama engaged in a massive CSR programme, where the company offered financial assistance to restore 65 houses of Sirio Ltd employees and people in the vicinity who suffered heavy losses due to t

Tea Small Holdings Development Authority’s award ceremony was successfully held recently at KIU Auditorium.KIU launched Rs.500,000 worth of scholarships to children of tea small holders at the event. 

Biodiversity Sri Lanka in partnership with Forest Department, IUCN Sri Lanka and Private sector partners have decided to initiate a pilot project to reforest a 10 hectare block in the Kanneliya Conservation Forest that has been completely degraded du

Hemas Outreach Foundation (HOF), the CSR arm of Hemas Holdings PLC together with the Welikada Prison Department, unveiled the newly refurbished Child Care Center on February 4th 2018, at the Welikada prison complex.

Against the backdrop of waning integration impulses in the developed world, the largest developing economies are forging ahead with new initiatives directed at revitalizing regional integration.

The Singapore Business Mission to Sri Lanka organised by the Singapore Business Federation (SBF) together with International Enterprise Singapore (IES) and Singapore Indian Chamber of Commerce and Industry (SICCI) recently held a seminar on doing bus

We are a government-owned company with statuary powers to manage and develop civil airports in Sri Lanka. That includes Bandaranaike International Airport (BIA), Mattala Rajapaksa International Airport (MRIA) and Colombo Airport Ratmalana. 

Advocata Chief Operating Officer Dhananath Fernando won the Asia Think Tank Shark championship in Jakarta for a research study on ‘Cost of Construction and protectionism’.  Asia Think Tank Shark Tank is a championship for Asians to p

Seylan Bank and the Amaleans were the biggest buyers of the Jetwing Symphony (JETS) shares during its Initial Public Offering, according to the first interim financial statement of JETS.

Taxiyak, the latest taxi booking and trip-scheduling app, which offers the most flexible trip planning and scheduling options, has entered the market.

The UTE Engineering arm of United Tractor and Equipment (Pvt.) Ltd (UTE), recognised as one of the nation’s premier engineering solutions providers is firmly committed to help grow the country’s skilled technical workforce and enhance the

Central Industries PLC which produces Sri Lanka’s leading water-pipe and accessory brand ‘National PVC’ was conferred with WRAS certificate from Britain for the company’s PE (Polyethylene)