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mobitel-lolc

LOLC Finance, Mobitel to offer Digital Loans to customers via mCash

Reinforcing its market leadership and strengthening its partner base, Mobitel has joined hands with LOLC Finance PLC to offer Digital Loans for the first time ever in Sri Lanka via its mCash platform. This initiative is a break-through method of providing a loan via one’s mobile device. Digital Finance Loans is a ground-breaking product for […]

Avancka-Herat

Asia Securities appoints Avancka Herat as Head of Wealth Management

Asia Securities (Pvt) Ltd. announced the appointment of Avancka Herat as Head of Wealth Management, effective August 1, 2018. He will also assume the role of Chief Executive Officer of the firm’s Wealth Management affiliate.An industry veteran of 24 years, Mr. Herat joins the firm from National Asset Management Ltd. (NAMAL) where he served as […]

Vehicles

Ceylon Motor Traders Association says they understand duty increase in small cars

Aug 03, 2018 (LBO) – Ceylon Motor Traders Association (CMTA) on Friday said they understand the Government’s policy decision taken recently to increase excise duties targeting the small motor cars segment. The Association said the excise duty structure that was proposed in the budget 2018 had a favorable differential for small motor cars which is likely […]

hand-shake

‘s Integrated Business Solutions

Aug 03, 2018 (LBO) – Fintek Managed Solutions (Pvt) Limited has announced its acquisition of the Integrated Business Solutions (IBS) unit of Brown and Company PLC. With this acquisition Fintek consolidates its role as the authorized distributor of Sharp office automation products and solutions in Sri Lanka. In a previous release detailing its role as […]

Sri Lanka keeps rates unchanged

Aug 03, 2018 (LBO) – Sri Lanka has decided to keep policy rates unchanged with the aim of stabilising inflation at mid-single digit levels in the medium term, thereby contributing to a high and sustainable growth trajectory of the island economy. “In arriving at its decision, the Board carefully considered the current and expected domestic […]

Mangala-samaraweera

Finance Min calls for new regulatory body for Microfinance industry

Aug 03, 2018 (LBO) –  Sri Lanka’s Finance Minister said that he is proposing the establishment of a new microfinance regulatory authority together with mandatory registration for the companies and amendments to the Act. “This is a national tragedy. It needs to be addressed in layers,” Mangala Samaraweera, Minister of Finance told reporters in Colombo, Thursday […]

port-jct

Sri Lanka maritime industry players come together to resolve industry issues

Aug 02, 2018 (LBO) – Sri Lanka Ports Authority (SLPA) and Sri Lanka Customs (SLC) together with other industry players have initiated a joint process to resolve the current maritime industry-related issues. Sri Lanka Ports Authority said Ceylon Association of Shipping Agents (CASA) and members of Sri Lanka Association of Vessel Operators (SLAVO) are also […]

(L-R) Boedi Arjanto (Cloud (SaaS) Regional Senior Alliance Manager, ASEAN at Oracle), Nishan Mendis (Executive Director at PwC Sri Lanka), Channa Manoharan (Advisory Leader/Chief Operating Officer, PwC Sri Lanka), Amila Perera (PwC Sri Lanka, Associate Director - Oracle Cloud Practice Head), Kelly Yu (General Manager at Oracle), Sarala Nirmani (PwC Sri Lanka Oracle Functional Consultant), Nikhil Parambath (Head of Applications, SAGE region at Oracle)

PwC Sri Lanka wins Oracle’s SaaS Partner Appreciation award

PwC Sri Lanka was recently awarded the ‘SaaS Partner Appreciation award’ – South Asian Growing Economies at the Oracle FY19 SaaS Partner Forum, which was held at the Cinnamon Lakeside Colombo. Speaking on the achievement, Channa Manoharan, Advisory Leader/Chief Operating Officer of PwC Sri Lanka said “We are extremely delighted by this important accolade and […]

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