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Children and frontline staff to get 23,000 masks with revolutionary Antiviral Livinguard Technology

2020-11-16 22:55:00

Children and frontline staff of Sri Lanka are to receive more than 23,000 masks with a revolutionary technology that will help them to stay protected from the novel coronavirus...


Economic expectations and prospects post 2020

2020-11-16 14:56:00

COVID-19 has triggered the deepest global recession in decades. While the ultimate outcome is still uncertain, the pandemic will result in economic contractions across the vast majority of emerging markets and developing economies...


Sri Lanka Telecom introduces Virtual Hearing Solution for Commercial High Courts

2020-11-12 20:50:00

Sri Lanka Telecom (SLT) has extended their expertise to the Commercial High Courts of Sri Lanka with the introduction of a new Virtual Hearing Solution. The new online platform was developed by Sri Lanka Telecom (SLT) in partnership with the Colombo Law Library...


OPPO Launches Quality Campaign to Raise Awareness

2020-11-12 13:30:00

Global forerunner in innovative, affordable mobile devices and accessories, OPPO has launched a Quality Campaign to raise awareness in the month of November about the different aspects that contribute to making OPPO handsets and other devices unique...


SLT Fibre creates smart lifestyles for residents of Unitown Residencies

2020-11-10 21:18:00

SLT recently entered into an agreement with Asian Silk Route Private Limited, a company specializing in condominium development and construction, to facilitate Unitown Residencies with a unique Smart Home Solution powered by SLT Fibre...


Credit card users in trouble as repayments not settled

2020-11-09 10:46:00

Credit card users are facing a serious credit crisis this year, indicating that a quarter of credit card users are unable to settle the money they spent, CBSL revealed...


Orange Campaign Celebrates the Dynamic Orange of OPPO F17

2020-11-05 17:24:00

OPPO Sri Lanka kicked off the ‘Orange Campaign’, a campaign to invoke the creative spirit amongst Sri Lankans during this period of respite. Coinciding with the launch of OPPO F17 which saw ‘Dynamic Orange’ as one of the colours available, the campaign aims to celebrate the vibrant colour ‘Orange’ in every-day life...


W15 Hanthana Estate wins Prestigious Condé Nast Johansens Award 2021

2020-11-04 14:37:00

Sri Lanka’s leading luxury boutique hotel, W15 Hanthana Estate, was recently welcomed into the Condé Nast Johansens family, and then yesterday was awarded “Best New or Newly Renovated Hotel.” Condé Nast Johansens comprises a global collection of independent luxury hotels and this highly prestigious award nomination once again emphasizes W15 Hanthana’s commitment to excellence in Sri Lanka’s tourism sector...


SLT Group Net Profit grows assuring resilient performance amidst Covid-19

2020-11-03 23:39:00

The Group revenue reported at Rs. 67.2 billion, a 5.2% YoY growth, assuring a resilient performance amidst the Covid-19 pandemic...


Airtel Lanka to launch high speed mobile broadband services soon

2020-11-02 18:25:00

Airtel Lanka said that it has been allotted the 4G spectrum by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) and will soon launch its high speed mobile broadband services across the country...


Dialog Axiata Partners with ‘Manusath Derana’ to Aid Affected Families in Curfew Areas

2020-11-02 12:22:00

In its continued response efforts to serve the nation during a time of need, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, partnered with TV Derana to launch the 2nd rendition of the ‘Manusath Derana with Dialog’ initiative in order to provide relief to affected families in areas under curfew...


GR needs a Top Team to lead the economic revival

2020-11-01 17:49:00

According to Bloomberg Sri Lanka has tumbled from best to worst in Asia’s dollar bond market, underscoring how fast the pandemic can chill sentiment toward weaker emerging-market assets...


Axis Bank shuts down operations in Sri Lanka

2020-10-31 21:58:00

India-based Axis Bank Ltd has been permitted to wind up its operations in Sri Lanka becoming the second Indian Bank to close down in the island within a week, Central Bank announced...


Doc990 Brings on Seetha Channelling Services and Pharmacies

2020-10-31 14:10:00

Powered by Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, Doc990 is Sri Lanka’s top online service for channelling doctors from private hospitals. It is safe, convenient, and currently has over 140 hospitals in its portfolio. In order to serve its users better, Doc990 is expanding its service offerings across Kandy by integrating Seetha Channelling services and pharmacies...


HNB secures $ 60 m funding for SMEs from France’s PROPARCO

2020-10-28 12:08:00

HNB yesterday announced a landmark agreement with PROPARCO, the private sector funding arm of the French Development Bank Agence Française de Développement (AFD), to secure $ 60 million in funding...


OPPO Launches the Eye-Catching OPPO F17 in Sri Lanka

2020-10-28 12:02:00

Hot on the heels of launching OPPO F17 Pro, OPPO Sri Lanka is launching its latest model in the F series OPPO F17 in Sri Lanka. “OPPO F17 carries the F-series gene, combining outstanding design while extending its focus into Fast Charge and seamless entertainment...


Dialog Axiata’s Genie Partners with WEBXPAY

2020-10-27 16:22:00

Powered by Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, Genie, Sri Lanka’s first PCI-DSS-certified payment app, has partnered with WEBXPAY to further scale their reach to over 1,400 merchants to provide a simple and secure payment checkout via Genie...


SLT partners with Fon Wireless Limited to create Community Wi-Fi networks

2020-10-27 06:25:00

This connectivity will extend to over 23 million Wi-Fi hotspot connections in over 25 countries around the world...


Sri Lanka’s export manufacturing potential gets much needed boost in India

2020-10-26 11:50:00

Sri Lanka`s growing potentials in export manufacturing sectors are being boosted in India via the “e- Connect” online B2B meetings platform created to tackle challenges during Covid-19 crisis period, diplomatic sources disclosed...


MMBL-Pathfinder joint venture earnings record US$200 million in 2020

2020-10-26 11:42:00

Despite serious setbacks to its leisure and tourism investments, the MMBL-Pathfinder Group joint venture portfolio is expected to reach foreign exchange earnings of over $200 million in the 2020 calendar year. As of the end of September, this figure stood at $145 million, report of the group revealed...


ezBiz to help small business in partnership with NDB Bank

2020-10-25 12:07:00

The National Development Bank PLC and ThinkCube Solutions (Pvt) Ltd this week signed a partnership agreement to promote the breakthrough Cloud-based Business Application ezBiz to NDB’s Micro, Small and Medium Enterprise (MSME) customers...


Huawei revenue in Q3 2020 at a 9.9% growth

2020-10-23 15:43:00

Huawei recently announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, an increase of 9.9% over the same period last year. The company’s net profit margin in this period was 8.0%. Throughout the first three quarters of 2020, Huawei’s business results basically met expectations...


Richard Pieris Finance overcomes liquidity pressure with Rs.1 billion capital infusion

2020-10-22 22:29:00

Richard Pieris Group has infused Rs 1 billion in Richard Pieris Finance Ltd (Arpico Finance Co.PLC) to ease liquidity pressure and meet minimum capital adequacy requirement stipulated by the Central Bank following its notification of eight finance companies facing liquidity issues...


Dialog Axiata’s Genie Fintech Platform Re-certified for PCI DSS for the 4th Consecutive Year

2020-10-22 17:41:00

Genie platform offered by Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, was re-certified the coveted Payment Card Industry Data Security Standard (PCI DSS) Version 3.2.1 for the 4th consecutive year from Qualified Security Assessor (QSA) SISA Information Security together with TechCERT, the local consultant and the technical service provider. PCI DSS ensures the security of cardholder data for credit/debit cards from major card..


CSE met with giant drop on Wednesday

2020-10-22 07:52:00

The Colombo Stock Exchange price indicators displayed a huge drop yesterday (21), having all stock price index dropped by 249.56 units, and S&P SL20 index by 95.46, at the end of transactions...


SL finance and leasing companies feel the pressure of credit profiles

2020-10-21 23:15:00

Sri Lankan finance and leasing companies’ (FLCs) are now feeling the pressure of credit profiles, adding to existing pressures on asset quality and profitability amidst the second wave of Covid-19 contagion, Fitch Ratings international agency disclosed...


OPPO Launches F17 Pro in Sri Lanka with AI-powered Portrait Photography

2020-10-20 12:00:00

OPPO launched the latest OPPO smartphone F17 Pro in Sri Lanka at an entertaining and exciting On-line launch. The event also saw the participation of a string of Sri Lankan youth icons and a top tech blogger in the country...


Bosch acquires 26% stake in Sun Mobility

2020-10-18 15:55:00

One of the largest Tier 1 automotive companies, Bosch Gmbh has acquired 26% stake in Bengaluru based battery service provider, Sun Mobility. Bosch through its investment arm, Robert Bosch Investment Nederland B.V. invested an undisclosed amount for the stake. This investment comes as part of Bosch focusing on growth pillars in mobility sector, which includes personalized, automated, connected and electrified technologies...


Wellawatta Wastewater Treatment Plant project to be handed over to China

2020-10-14 07:20:00

The project to build the Wastewater Treatment Plant in Wellawatte is set to be contracted to two Chinese companies, namely PowerChina Zhongnan Engineering Corporation Ltd. and Beijing Enterprises Water Group Ltd., in their joint business...


Axiata Digital Labs & Dialog Axiata Sri Lanka Win TM Forum 2020 Excellence Award

2020-10-13 11:48:00

Taking a leap forward in establishing its identity as a global customer experience champion, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, in partnership with Axiata Digital Labs (ADL), were recipients of the coveted Customer Experience and Trust award at the TM Forum 2020 Excellence Awards...