Markets and Financial

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Crocodile at One Galle Face Mall partners with Round Table Sri Lanka

Crocodile is excited to announce its latest strategic partnership with Round Table Sri Lanka. The partnership, which was announced at the AGM of Round Table Sri Lanka at The Blue, Hilton will enable Round Table current members and alumni to avail themselves of exclusive offers at...
Posted On 08 Jul 2020
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Siyapatha Finance performs successfully despite challenges in the financial environment

The 2019 financial year was characterized by a subdued overall economic growth as a result of several challenges faced by the country as well as worldwide. The Non-Banking Financial Institutions (NBFI) sector recorded a negative credit growth that mirrored the macro economic...
Posted On 07 Jul 2020
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Sampath Bank Marks 7th Consecutive Win at World Finance Banking Awards

Recognized as Sri Lanka’s‘Best Retail Bank’ and ‘Best Commercial Bank’ Continuing its winning streak for the 7th consecutive year, Sampath Bank was recognized as Sri Lanka’s ‘Best Retail Bank’ and ‘Best Commercial Bank’ yet again, at the prestigious World Finance Banking Awards...
Posted On 07 Jul 2020

Allianz Global Insurance Report 2020: Asia will emerge stronger from the crisis

In 2019, global insurance premiums increased by 4.4% to EUR 3,906bn – clocking the strongest growth in four years Asia (ex Japan) was setting the pace with 6.8% and total premiums reached EUR 947bn – which China being responsible for almost half of all premiums written in the...
Posted On 06 Jul 2020

TRAVEL AND TOURISM

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Emirates ready to serve travellers and welcome tourists to Dubai

Dubai to open for tourists from 7 July, Emirates launches destination Dubai ad New protocols to open travel for UAE citizens, residents and international visitors, with clear measures to protect the health and safety of communities Emirates welcomes the latest air travel...
Posted On 23 Jun 2020
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Emirates adds 10 new cities for travellers, offers connections through Dubai for 40 cities

Adds frequencies on 14 existing routes in July, offering more travel options New protocols to ease travel for UAE citizens and residents, reflect UAE’s well-planned approach to resuming travel and other economic activities Emirates has announced it will offer scheduled flights...
Posted On 22 Jun 2020
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Two iconic properties signal Binod Chaudhary’s CG Hospitality entry into East Africa

  Chaudhary has footprint of 14 hotels in Sri Lanka Global hospitality journey began with Taj Samudra; owns and operates 134 hotels, resorts and wellness spas across 93 destinations Has JVs in Sri Lanka with Jetwing Group, Ceylon Hotels Corporation and partnership with...
Posted On 17 Jun 2020
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Emirates to begin outbound flights from Colombo on 20 June

Emirates has announced the launch of outward-bound passenger flights from Sri Lanka, starting Saturday 20 June 2020, to facilitate travel for foreign nationals as well as Sri Lankans who need to return to families, jobs or education overseas. The airline currently operates...
Posted On 16 Jun 2020

Technology

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Axiata Digital Labs Leads TM Forum Collaborative Catalyst Project

Transforms How CSPs Collaborate   Axiata Digital Labs (ADL) today announced its participation in TM Forum’s renowned collaborative proof-of-concept Catalyst program focused on co-creating innovative solutions to important industry challenges leveraging key TM Forum best practices...
Posted On 11 Jul 2020