off

HNB launches Rs. 5 Bn SME relief at 8% interest p.a. to support post-COVID recovery

Working capital loans offered at concessionary interest of 8% p.a. for a period of upto 2 years Enables working capital support for SMEs not captured under CBSL Saubagya scheme Loan scheme initiated solely utilising internally generated HNB funds Facilitated over 2,500 client...
Posted On 19 Jun 2020
off

Alethea utilizes new era digital teaching methods for continuous education amidst challenges of COVID-19

The Government imposed quarantine and the challenges therewith,affected the overall continuity of  curriculum driven education amongst many state and private education institutions in Sri Lanka.  Despite the challenges of the situation, Alethea School and Alethea International...
Posted On 19 Jun 2020
off

Relearning empathy: how to be a better netizen

If you can be anything, be kind. If you’ve been around the internet long enough it’s extremely likely you would have come across this sentiment being shared through countless motivational pages and memes. But while the ‘why’ is self-explanatory, what the sentiment ‘be kin...
Posted On 19 Jun 2020
off

Crysbro successfully spearheads export of poultry to the Gulf

Sri Lanka’s premier poultry producer Crysbro, recently spearheaded the export of poultry to the Gulf Cooperation Council (GCC) region. The maiden consignment consisted of 30 metric tonnes of chicken products, which was delivered to Al Hamadi Trading & Cont. LLC; one of...
Posted On 19 Jun 2020
off

Banking on Resilience in Recovery Mode

By Guruprasad Gaonkar, JAPAC SaaS Leader – Enterprise Resource Planning & Digital Supply Chain at Oracle We are witnessing unexpected and dramatic changes in the banking industry. On top of stiff competition from new digital challengers, traditional banks are now being forced...
Posted On 19 Jun 2020
off

All good things come in threes – Tropic of Linen together with Butter Boutique and 3M have planned the ultimate Father’s Day win

Colombo’s favourite luxury linen brand, Tropic of Linen, has teamed up with both Butter Boutique and 3M for the foolproof answer to all of your Father’s Day gifting woes – The Triple Decker Dad’s Deal. An epic 3-in-1 gifting win, with just one purchase, you can elevate dad’s...
Posted On 19 Jun 2020
off

Seylan Bank rating revised upwards to ‘A(lka)’ by Fitch Ratings with ‘stable’ outlook

Seylan Bank, the bank with a heart, has been endorsed as a financially stable organisation with performance excellence across the board by Fitch Ratings, with the Bank’s national long-term rating revised upward, from ‘A-(lka)’ to ‘A(lka). Fitch Ratings has also revised the rating...
Posted On 19 Jun 2020
off

Sophos Advances Endpoint Detection and Response (EDR)

New version of Sophos’ EDR provides industry’s first solution designed for security analysts and it administrators now with live discover and response capabilities Sophos, a global leader in next-generation cybersecurity, today unveiled an updated version of its Endpoint...
Posted On 19 Jun 2020
off

Hayleys Group delivers profit growth in a challenging year

The Hayleys Group’s geographical and sectoral diversity enabled it to deliver earnings growth in an extremely challenging year, with profit-after-tax increasing by 5% y-o-y and profit attributable to equity holders growing by 40% in 2019/20. Profitability was upheld by the strong...
Posted On 19 Jun 2020