Virtusa third quarter revenue up 3.4-pct
(PRESS RELEASE) – Revenue for the third quarter of fiscal 2017 was $217.2 million, an increase of 3.4% sequentially and 44.2% year-over-year. On a …
In Pictures
Mahindra expands business foot print with Ideal Motors Sri Lanka
Mahindra & Mahindra Ltd., a part of the USD 17.8 billion Mahindra Group based in India, today announced that it is set to expand its business footprint in …
World Bank clarification regarding media reports on bond issue
In reference to some of the incorrect statements carried by a few media outlets on this issue, the World Bank wishes to clarify that it has not undertaken any …
Haycarb records turnover of Rs.9.4Bn and PBT of Rs.768Mn in Q3 2016/17
(PRESS RELEASE) – Haycarb PLC, the Sri Lankan multinational of Hayleys PLC reported revenue of Rs. 9.4 billion and profit before tax of Rs. 768 million …
Pakistan sends relief assistance to drought affected people of Sri Lanka
With a view to help the brotherly people of Sri Lanka to mitigate the severe drought, the Government of Pakistan sent a relief flight to Colombo containing 25 …
Toyota Lanka opens dedicated showroom for its first 1000cc car
Toyota Lanka (Private) Limited, the sole authorized distributor for Toyota vehicles in Sri Lanka opened doors to its latest showroom for the affordable, …
Citizens Development Business (CDB) goes live with Intellect DIGITAL FACE
(PRESS RELEASE) – Customer centric Digital Channel solution with an omni-channel experience Intellect Design Arena Ltd, a digital technology product …
Government of Finland keen to invest in Sri Lanka
The Ambassador of Finland to Sri Lanka Rauli Suikkanen says that he would call leading entrepreneurs of his country to commence investment in Sri Lanka. …
LOLC microfinance model ventures into Pakistan
The LOLC Group inked a historic joint venture with Pak Oman Microfinance Bank Limited to introduce LOLC’s exceptional and globally accepted Microfinance …
Sri Lanka reiterates commitment to Open Government Principles
At a meeting with Ambassador Prasad Kariyawasam on February 1, Chief Executive Officer of the Open Government Partnership (OGP) Sanjay Pradhan stated, that the …
AIA introduces AIA VITALITY Programme
(PRESS RELEASE) The 2nd of February 2017 saw the AIA Insurance Group in Sri Lanka host an exclusive media roundtable discussion at the Galle Face Hotel, …
VirtusaPolaris Converse 2017 Summit Showcases Next-generation Technology Careers for Tech Graduates
(PRESS RELEASE) – VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., a leading worldwide …
Sri Lanka opens e-attestation system at relocated Consular Division
The Consular Affairs Division of the Ministry of Foreign Affairs, presently at the BOI building, 3rd Floor at No.14, Sir Baron Jayathilake Mawatha in Fort, has …
Blue Ocean Group unveils it’s newest luxury condominium project in Colombo 04
(PRESS RELEASE) – Sri Lanka’s largest condominium developer – Blue Ocean Group of Companies on Thursday (February 2, 2017) unveiled its twenty first …
Teachers of Medicine Faculty condemns attack on medical students
The Faculty of Medicine Teachers Association( FMTA) is deeply concerned about the manner in which SAITM issue has been handled that has lead to strong protest …
Message from Queen Elizabeth II to mark Sri Lanka Independence Day
Her Majesty Queen Elizabeth II issued the following message on the occasion of Sri Lanka’s Independence Day: “It gives me great pleasure to send Your …
Rotary Club of Colombo Mid City mark 30 years of successful community service
(PRESS RELEASE) – The Rotary Club of Colombo Mid City marked its first 30 years of service with the celebration of the past , and a call to continue …
Portfolio management services from Bank of Ceylon
Bank of Ceylon (BOC) manages several funds at present and has decided to extend Portfolio Management Service (PMS) to all clients including Individuals, …
Police used tear gas for joint trade union’s protest against Port sale
Police today used tear gas to disperse a protest organised by the joint trade union against what they called the sale of Colombo Port’s east terminal. …