Business News

Brandix Sri Lanka Largest Corporate Blood Donor for 10 Successive Years


Brandix was felicitated as the ‘Largest Corporate Blood Donor’ for the 10th consecutive year by the National Blood Transfusion Service (NBTS) on World Blood Donor Day, for the donation of over 3,500 pints of blood from employees in its local network in 2019/20.

HNB ramps up COVID relief with extension of over Rs. 350 Bn in loan moratoriums


Building on efforts to finance a grassroots revival of the national economy, Sri Lanka’s highest ranked private sector bank in the Banker Top 1000 world banks ranking, HNB PLC, ramped up assistance to individuals and enterprises negatively impacted by the COVID-19 pandemic by granting debt moratoriums worth Rs. 350 billion as at the end of June 2020.

Viber expands your expressive palette with new Reactions feature in communities


Rakuten Viber, one of the world’s leading apps for free and easy communication, announces the launch of its Message Reactions feature in communities to take “likes” on its platform to the next level.

Industrial Asphalts Ceylon PLC embarks on an ambitious expansionary plan


Industrial Asphalts (Ceylon) PLC (IAC), a company listed on the Colombo Stock Exchange under the stock code ASPH.N is going through a capital raising exercise with the announcement of the rights issue.

Capitol TwinPeaks apartment project set for completion


Capitol TwinPeaks, the flagship, 50-storey, twin tower, mixed development venture of the Sanken Group, returned to construction on 18 May 2020 and is now proceeding at full force.

Chartered Qualification in Human Resource Management


CIPM Sri Lanka – the Nation’s leader in human resource management launched their new Chartered Qualification in Human Resource Management (CQHRM) programme which is finely aligned to meet the current industry demands of a human resource professional in many spheres of business.

Port City Colombo promotes business opportunities for Indian investors


Port City Colombo, Sri Lanka’s single largest foreign direct investment and mega city development project is to promote its investment opportunities for the Indian business community.

ComBank conducts webinar on Financial Literacy Banking Solutions for Micro SMEs

The Commercial Bank of Ceylon conducted a webinar on Financial Literacy and Banking Solutions for Small, Medium and Micro Entrepreneurs recently, in collaboration with the Institute of Certified Management Accountants (CMA) of Sri Lanka.

Uber appoints Prabhjeet Singh President of India South Asia


Uber today announced the appointment of Prabhjeet Singh as President Uber India and South Asia, tasked with overseeing the next phase of growth in the company’s mobility business and ensuring safety for riders and drivers across India, Sri Lanka and Bangladesh.

Tokyo Cement supports The Navy bring Underwater Museum in Trincomalee to life


Sri Lanka’s second underwater museum situated off the Sandy Bay beach in Trincomalee was brought to life recently, adding yet another must-experience hotspot to the Country’s extraordinary travel itinerary.