Business News

Softlogic Finance to infuse Rs. 1.9 Billion capital through a Rights Issue


Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC has announced a capital infusion of Rs. 1.9 Billion by way of a Rights Issue.

Union Assurance Introduces Education Protection Through Sisumaga


Leading insurance solutions experts, Union Assurance unveiled Sisumaga+, a unique protection-based plan specially designed to ensure uninterrupted education from childhood through to university.

Ajith Nivard Cabraal


With the appointment of the new cabinet of ministers bringing about, a re-start to Sri Lanka’s economic activities, the Colombo Stock Brokers Association (CSBA) extends its wholehearted congratulations and best wishes to the new government, Hon. Prime Minister Mahinda Rajapaksa, and newly-appointed State Minister Hon. Ajith Nivard Cabraal for Finance, Capital Markets, and State Enterprise Reforms.

New Land Rover Defender An icon reimagined for the 21st century unveiled by Access Motors


Across seven decades of pioneering innovation, Land Rovers have earned a unique place in the hearts of explorers, humanitarian agencies and adventurers.

Expolanka supports post COVID revival of air freight forwarding from Mattala Airport


Leading integrated global logistics solutions provider, Expolanka Freight (EFL) announced the successful completion of two shipments of general and perishable goods out of Mattala Rajapakse International Airport (MRIA) utilising converted incoming passenger repatriation flights last week.

Tesla


Data presented by Buy Shares indicates that Tesla accounted for 81.66% of all-electric vehicles sold in the United States as of H1 2020.

Velona Protect antiviral masks endowed with maximum safety and comfort


Velona, a leading brand in the hygiene and clothing segment in Sri Lanka recently introduced the Velona Protect antiviral mask manufactured with HeiQ Viroblock NPJ03 technology which is among the first technologies in the world to be proven effective against SARS-CoV-2 (COVID-19)*.

Sampath Mastercard Corporate Credit Card partners with Uber and Uber Eats to offer exclusive rewards


SampathCards joined hands with Uber and Uber Eats to offer Cardholders ‘Cash Back’ rewards on payments made on Uber and Uber Eats using their Sampath Mastercard Corporate Credit Card.

Tokyo Cement Gifts Clean Drinking Water to Three Villages in Poonakary


Three villages in Poonakary (also known as Pooneryn) in the Kilinochchi District were gifted with purified drinking water facilities by Tokyo Cement Group in partnership with Re-Awakening Lanka.

Capitol TwinPeaks apartment


Hatton National Bank (HNB) and People’s Bank together with the Sanken Group signed an agreement, on 12th August 2020, to ensure balance funding, for the completion of “Capitol TwinPeaks” - the 50-storey twin-tower mixed development project located at Staple Street, Colombo 2.