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CDB’s Business Excellence highlighted with Gold at NBE Awards 2017

  Awarded Gold in NBFI sector for second consecutive year Gains Merit for Excellence in Performance Management   Having always espoused a business model that promotes holistic growth through an integrated business strategy benchmarked on excellence at all levels, Citizens...
Posted On 18 Feb 2018

CTC’S FINANCIAL PERFORMANCE IN 2017 INDICATES A LKR 18 BILLION DIP IN GOVERNMENT REVENUE

  2017 sees only a marginal increase in cigarette excise revenue -  total revenue stood at LKR 117.3 bn compared to target of LKR 135 bn Smuggled cigarettes booming – 450 mn cigarettes entered illegally in 2017 Smuggled fags now account for 15% of the legal tobacco industry...
Posted On 18 Feb 2018
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Ceylinco Life donates classrooms to schools in Chilaw and Mutur

Students of two rural schools whose classrooms were in temporary shelters have been provided purpose-built classrooms buildings under Ceylinco Life’s on-going community initiative that supports disadvantaged schools around Sri Lanka. The country’s life insurance leader recently...
Posted On 18 Feb 2018
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HNB recognized for innovation in microfinance at IFM Awards 2017

Extending a winning legacy that spans over 29 years in the field, HNB won the award for Most Innovative Microfinance Bank in Sri Lanka at the recently concluded International Finance Magazine Awards (IFM) 2017 in Singapore. Organized by International Finance Magazine with a view...
Posted On 18 Feb 2018
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Sampath Bank Becomes First Bank to Accept Alipay Payments in Sri Lanka

  Local Merchants Can Now Tap Into Incoming Chinese Tourists and Their Spending Power   Sampath Bank, one of Sri Lanka’s most innovative banks, has become the first bank in the country to partner with Alipay, the world’s largest online and offline payment platform operated...
Posted On 18 Feb 2018
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Exide Rewards Loyalty

Browns Exide, the market leader in the Automotive Battery industry in Sri Lanka, together with RADCO and Browns Deals, recently introduced their latest innovative service – Exide Rewards to the customers of Browns Batteries. The initial batch of the Exide Rewards loyalty...
Posted On 18 Feb 2018
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COMBANK sets new digital banking record with Rs 663 bn.in transactions in 2017

A whopping Rs 662.95 Billion was transacted through digital banking channels alone, by customers of the Commercial Bank of Ceylon in 2017. This is the highest value the Bank has handled digitally in a single year since the launch of its Mobile and Online Banking platforms, which...
Posted On 18 Feb 2018
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JAT Holdings Reiterates Commitment to Sustainability with Multitude of Projects

In an effort to further reiterate its strong commitment to being a responsible corporate citizen,JAT Holdings carried out several Corporate Sustainability related projects throughout 2017. The projects focused on a wide spectrum of areas including commitment to business...
Posted On 18 Feb 2018

ESET named as the only Challenger in 2018 Gartner Magic Quadrant for Endpoint Protection Platforms

ESET – a global player in information security – has been named as a Challenger in the 2018 Gartner Magic Quadrant for Endpoint Protection Platforms*. The company was the only Challenger named in the Magic Quadrant. ESET was evaluated based on its ability to execute and...
Posted On 18 Feb 2018
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Cyber Illusions partners AV Lab to create the VAEG collective

Live experience designer Cyber Illusions has partnered with visual content powerhouse AV Lab to form an experiential technology collective the Visual Art and Experiences Group (VAEG). A merging of technology and art, delivering unparalleled live experiences, VAEG is a Collective...
Posted On 18 Feb 2018
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THE MALL AT ONE GALLE FACE TRANSFORMS SRI LANKA’S RETAIL LANDSCAPE

One Galle Face is the place where life, work and play meet, offering something for every member of Colombo’s vibrant community.   The Mall at One Galle Face recently celebrated a project milestone of partnering with their Anchor Tenants with a signing ceremony that introduced the...
Posted On 18 Feb 2018
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HUAWEI rises to 25th spot on Brand Finance Global 500 2018

Brand Finance, the global authoritative consulting agency, released its ranking of the most valuable brands around the world in 2018. HUAWEI ranked twenty-fifth on Brand Finance Global 500 2018 with a value of 38.046 billion dollars, and its brand value increased by more than...
Posted On 18 Feb 2018