Markets and Financial

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Group Lease Public Company acquires 29.99% of Commercial Credit and Finance PLC for over Rs. 10.56Bn

BG Microfinance Myanmar for acquired for USD 8.0m  In what has been described as a historic financial transaction, Group Lease Public Company Limited (GLPCL), a digital finance company listed on the Stock Exchange of Thailand (SET), acquired a stake of 22.99% stake in Commercial...
Posted On 08 Dec 2016
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CDB adds to its corporate stewardship at Best Corporate Citizen Awards 2016

Best Project for ‘GHG Emission Analysis’ First Runner Up in Turnover Less Than Rs 15 Bn Category   It has surely been a year of great accolades for Citizens Development Business Finance PLC (CDB), placing it on a winning path and one of great promise for 2017. Besides having won...
Posted On 08 Dec 2016
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Commercial Bank declared Sri Lanka’s Bank of the Year by ‘The Banker’

Ends 2016 with the industry’s most coveted international award The Commercial Bank of Ceylon has won the global banking fraternity’s most coveted award – the ‘Bank of the Year’ – presented by The Banker of the UK, ending 2016 with the industry’s ‘Oscar’ in respect of Sri Lanka....
Posted On 08 Dec 2016
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‘People’s Bank Foreign Remittance Gold Fortune 2016’rewards 23 upto date

People’s Bank Foreign RemittanceGold Fortune 2016’ promotionrecently saw the completion of its 23rddraw, announcingI.Washila of the People’s Bank Ridigama Branchas the winner of the week.   The draw was launched in June with the aim of promoting the use of People’...
Posted On 07 Dec 2016
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TRAVEL AND TOURISM

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Emirates adds festive cheer with special Christmas offering

To celebrate the upcoming holiday season, Emirates has ramped up its product offering both on board and on the ground for a superior travel experience. A new Christmas menu has been introduced for the first time across all cabin classes featuring traditional festive meals....
Posted On 08 Dec 2016
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Ceylon Sanctuary creating a unique travel experience

Relaunching two distinctive properties that allow the discerning traveller to indulge and enjoy the sights and sounds of Sri Lanka   Ceylon Sanctuary is bringing an exclusive retreat-style experience to Sri Lanka with the launch of their boutique hotel properties designed to...
Posted On 07 Dec 2016
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Emirates SkyCargo drives ahead with launch of Emirates SkyWheels

Carrier transports rare and classic cars for premier event in Dubai  Emirates SkyCargo, the freight division of Emirates airline, has launched Emirates SkyWheels – a specialised transportation product for high value automobiles. Through its latest offering Emirates SkyCargo...
Posted On 06 Dec 2016
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Vista Rooms simplifies corporate travel bookings and cuts travel costs by up to 20%

Corporates in Sri Lanka can now sit back and relax when it comes to business travel while Vista Rooms minimizes hassle and streamlines the entire company’s travel itineraries via its one stop shop for corporate travel. Vista Rooms simplifies complex and troublesome booking...
Posted On 06 Dec 2016
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Technology

Sri Lanka Telecom partnered SEA-ME-WE 5 Submarine Cable System wins at the Global Carrier Awards

The consortium that developed the South East Asia, Middle East and Western Europe 5 (SEA-ME-WE 5) submarine cable

3D Concept Studio puts today’s youth on path to becoming tomorrow’s innovators

For the first time in Sri Lanka 3D Concept Studio, the nation’s first rapid prototyping firm, is offering children

Sri Lanka Telecom launches new calendar themed, “Traditional Rice” to promote awareness of an important part of our nation’s heritage

Since 800 B.C Sri Lanka has been home to the cultivation of rice, evidence of this lies in the archeological

Airtel engages with JCI to support Sri Lankan youth

The partnership entails programmes such as Empowering women with ICT, training on English and life skills with