Markets and Financial

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DI expands its retail landscape

Inaugurates showrooms in K Zone – Moratuwa and Kirulopone Customers could now patronize over 12 showrooms located across the Western Province DI, a leader in the leather and fashion footwear industry opened its latest showroom at the K Zone – Moratuwa and Kirulapone...
Posted On 17 Apr 2018
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HNB named as one of Sri Lanka’s most valuable brands

- Has been in the top 10 as the most valuable consumer brand in Sri Lanka for 15th consecutive year Strong financial performance as well as a relentless focus on customers and innovation, have paid off, with HNB being ranked as one of the Country’s top 10 most valuable brands by...
Posted On 17 Apr 2018
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CSE and the Global Reporting Initiative to deliver ESG guidance

Expanding its commitment to fostering effective ESG (Environmental, Social and Governance) performance and communication among Sri Lankan listed companies, the Colombo Stock Exchange (CSE) today formalized an arrangement with the Global Reporting Initiative (GRI) to provide...
Posted On 17 Apr 2018
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IFC Invests in Senkadagala Finance, in partnership with Goldman Sachs 10,000 Women, to Increase Access to Finance for Women Entrepreneurs

IFC, a member of the World Bank Group, is investing $15 million in Senkadagala Finance PLC to help the company expand access to finance for women entrepreneurs across Sri Lanka. This loan is part of the Women Entrepreneurs Opportunity Facility (WEOF), launched by IFC through its...
Posted On 17 Apr 2018

TRAVEL AND TOURISM

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Oman Air Conducts An Emergency Response Exercise Keeping Safety At The Forefront Of The Airline’s Commitments

Oman Air, the national carrier for the Sultanate of Oman, conducted arealistic emergency response exercise in Muscat recentlyto rehearse its emergency management programme and response functions. A real-time scenario was then developed, including the steady provision of new...
Posted On 17 May 2017
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Emirates Group Announces 2016-17 results

Group records 29th consecutive year of profit of AED 2.5 billion (US$ 670 million) Steady business growth in line with capacity increases, results show business resilience in a competitive climate and turbulent year Significant investment in the business at AED 13.7 billion (US$...
Posted On 12 May 2017
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Emirates goes all A380 to Melbourne

Airline’s third daily service to Melbourne to be upgraded to an A380 operation from 25 March 2018 Emirates will provide an all-A380 service from Melbourne when it upgrades its third daily flight from the Australian city, EK408 and EK409, from a Boeing 777-300ER to an A380...
Posted On 10 May 2017
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Oman Air named‘Best In-Flight Duty Free’ providerin the Middle East in 2017 by Pax International Magazine

Oman Air, the national airline for the Sultanate of Oman, has been voted the ‘Best In-Flight Duty Free’ provider in the Middle East by readers of the German passenger services industry publication, Pax International Magazine. The airlinereceived the award at a ceremony at the...
Posted On 09 May 2017
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Technology

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Schneider Electric brings together its partners and customers in Sri Lanka for an Innovation Day

  ·         Addresses the digitization trends in the industry and draws up a technology empowered roadmap for its ecosystem ·         Launches Easy UPS 3S, a 10-to-40kVA Uninterruptable Power Supply (UPS), ensuring business continuity for small and medium businesses  ...
Posted On 16 Aug 2018