Category: Industry
Sri Lankan-born Creately lauded by top software reviewer G2
Sri Lanka’s own Creately was recently tapped as a top-five contender in the List of Best ANZ Sellers for 2021 by industry benchmark site G2. Additionally, G2 also tapped Creately as a Leader in the Diagramming segment. The world’s largest software marketplace and review platform, G2.com features over 100,000 reviews and over five million visitors. […]
Opinion: Insurance industry looks at Bionic Insuring in a ‘new normal’
By Chilman Jain, Principal, BCG – Prateek Roongta, Managing Director and Partner, BCG – Pranay Mehrotra, Managing Director and Senior Partner, BCG COVID-19 has disrupted most businesses globally and the insurance industry is no exception. Given the restrictions imposed by the pandemic, insurers have been compelled to accelerate their digital journeys and holistically digitize their […]
PAYable surpasses Rs.15Bn in transactions on platform
PAYable (Pvt) Ltd., Sri Lanka’s cashless payment solution provider, announced that it has processed 15 billion rupees in transactions on its platform to date. Commenting on the milestone, Yohan Wijesiriwardane, CEO and Co-founder of PAYable Sri Lanka said, “PAYable entering the cashless ecosystem in 2016 was a gamechanger; we disrupted the existing status, empowering MSME […]
‘s proposed senior debt
Fitch Ratings has withdrawn Seylan Bank PLC’s ‘A(lka)(EXP)’ expected rating, assigned on 21 August 2020, for its proposed senior debenture issuance. Fitch is withdrawing Seylan’s senior debt expected rating as it is no longer expected to convert to a final rating. We do not expect Seylan’s forthcoming senior debt issuance to proceed as previously envisaged. […]
Melsta Hospitals Ragama becomes first to be accredited with a comprehensive IMS
Melsta Hospitals Ragama, part of Melsta Health which is a fully owned subsidiary of Sri Lanka’s leading diversified conglomerate Melstacorp PLC recently made history when it became the only healthcare institution in the country to be accredited with an integrated management system (IMS) comprising of four international standards; ISO 9001 :2015, ISO 22000:2018, ISO 14001:2015 […]
Media Gender Charter for Sri Lanka launched
The Media Gender Charter (MGC) is a local initiative to guide media institutions in the need for a fair and equal gender portrayal within the media, inclusivity of gender issues in media content, and conducive working environments within media outlets. The document has been produced as a result of consultations with more than 200 journalists, […]
Sri Lanka engaged directly with investors on WCT: Indian External Affairs Ministry Spokesperson
Related: Cabinet approval to develop Colombo Port WCT as a PPP with Adani, JKH & SLPA
Norfund to invest up to 9.99-pct in National Development Bank
NDB and the Norwegian Development Finance Institution, Norfund, have reached an agreement for Norfund to invest up to 9.99% in National Development Bank PLC (NDB). Under this agreement, Norfund will participate in the Rights Issue for LKR8Bn that NDB has already announced by way of subscribing to unsubscribed rights and also by way of a […]
Twin awards for SriLankan Airlines in Singapore
The Changi Airport Group in Singapore recognised SriLankan Cargo with a “Cargo Service Excellence Award” at a ceremony during the ‘Let’s Talk Cargo 2021’ conference held recently in Singapore. SriLankan Airlines has been nominated by the Cargo industry partners in Singapore and shortlisted by a panel of judges as one of the three recipients of […]
Sterlingcars.lk – Sri Lanka’s newest online marketplace to buy and sell automobiles
SterlingCars.lk was launched by Sterling Automobiles Lanka Pvt Ltd – one of Sri Lanka’s prominent automobile service providers. SterlingCars.lk is a web platform which aims to provide a marketplace for buying and selling automobiles. The website offers a comprehensive range of vehicles, covering a plethora of makes and models. The design of SterlingCars.lk aims to […]
Trillium launches new Rs.1.2Bn apartment complex in Colombo
Total investment of Rs. 1.2 billion for the project by Trillium. Affordable luxury living in Colombo City Limits – Havelock Town, Colombo 05. A Condominium that allows pets for the first time in history in a pet care facility. Exclusive rooftop pool with all modern amenities. Trillium Havelock Residences – an Ideal investment opportunity. Real […]
WindForce announces LKR 3.2bn IPO to boost renewable energy in Sri Lanka & abroad
WindForce Limited, the pioneers in the growth and supply of renewable energy in Sri Lanka, has announced an Initial Public Offering (lPO) that aims to raise Rs.3.24 billion to fund its strategic expansion and growth in the renewable energy sector. The IPO offers 202,615,341 ordinary voting shares at Rs.16 per share and aims to raise […]