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St. Mary’s College Chilaw in Partnership with Seylan Bank PLC Launches Sri Lanka’s 1st Virtual OBA payment platform

Seylan Bank introduced a payment gateway facility, VOBA (Virtual Old Boys Association) at St. Mary’s College Chilaw, one of the oldest educational institutes in Sri Lanka. The school is the first in the island to be facilitated with the VOBA platform as a part of its process...
Posted On 24 Jun 2020

Liquor manufacturers gravely concerned over poor quality produce using local ethanol

Local liquor manufacturers continue to express concerns over the quality and safety of products manufactured using locally-made ethanol, following the government-imposed ban on the import of ethanol. The disbursed liquor products manufactured in this way have garnered strong...
Posted On 24 Jun 2020
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Amana Takaful’s ISO 9001:2015 recertification affirms commitment to service quality

Amana Takaful PLC (ATL) was reaffirmed ISO 9001:2015 recertification for both its General and Family (Life) Takaful businesses recently. The renewal underscores the company’s continuous efforts to provide the highest service standards to its valued customers.   The ISO...
Posted On 24 Jun 2020
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HNB FINANCE gets Fitch rating upgraded to ‘AA-(lka)’

Leading Sri Lankan Financial Services provider HNB FINANCE, recently had its National Long-term rating upgraded to ‘AA-(lka)’ with a negative outlook following the recalibration of Fitch’s rating scale for Sri Lanka. The recalibration was conducted to reflect...
Posted On 24 Jun 2020
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Fortude first from Sri Lanka to join Microsoft AI for Accessibility program

The grant enables development and expansion of accessible technology for people with disabilities Colombo, Sri Lanka: – Microsoft announced it selected Fortude as the first Sri Lankan grant recipient of its AI for Accessibility program, which funds organizations that use...
Posted On 24 Jun 2020
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“Interconnecting with an IT network opens up OT to the predatory world of cyber-attacks and malware for which it is unprepared”

OT networks have been undergoing perhaps the most extreme digital transformation in organizations looking to compete more effectively in the digital marketplace. However, because many OT networks have been isolated for so long, they are also particularly vulnerable to malware and...
Posted On 24 Jun 2020
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South Asia Textiles Partners with HeiQ Materials AG

  Partners with HeiQ Materials AG to use their textile technology HeiQ Viroblock on the knitted jersey fabric the company is producing a face mask program in the US. HeiQ Viroblock NPJ03 is among the first textile technologies in the world to be proven effective against...
Posted On 24 Jun 2020
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Spring & Summer dedicated to uplift the nation during COVID-19 crisis

Spring & Summ​er’s CSR arm – ‘Hands of Hope’ recently launched a two-fold strategy involving the manufacture and distribution of face masks, as well as the supply of daily essentials and protective gear, to aid Sri Lanka during the COVID-19 economic and social crises....
Posted On 24 Jun 2020
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In stores or on the couch, Asia Pacific consumers shift rapidly to digital commerce and show no signs of turning back – Mastercard study

More online purchases on the way as people expect to do less in-store shopping  The way we shop is changing and how we pay is evolving. As COVID-19 alters our daily lives, consumers in Asia Pacific are rapidly going digital with purchases of everything from groceries to movies in...
Posted On 24 Jun 2020
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CIPM and OUSL Enter into Collaboration in HRM

CIPM Sri Lanka – the Nation’s leader in human resource management entered into a Memorandum of Understanding (MOU) with the Faculty of Management Studies of the Open University of Sri Lanka (OUSL) on June 17 for institutional collaboration leading to implementation of higher...
Posted On 24 Jun 2020