Business News

CEAT ramps up 2 wheeler tyre production by 85 in 3 months


CEAT Kelani Holdings has announced the achievement of an 85 per cent increase in the production of tyres for the ‘two-wheeler’ segment over just three months, as a full-bodied response to the needs of the local market consequent to the temporary import restrictions introduced by the government.

SampathCards Partners with Kotelawala Defence University


SampathCards recently joined hands with General Sir John Kotelawala Defence University (KDU), one of the country’s premier higher education institutions, to facilitate payments for course fees through Mastercard & Visa Credit & Debit Cards, helping students to peruse their dream careers without having to worry about finances.

ComBank and PAYable launch Smart POS Mini device to promote cashless payments


The Commercial Bank of Ceylon together with PAYable (Pvt) Ltd. recently announced the launch of an Android Mini Point-of-Sale (POS) device to enable merchants anywhere in Sri Lanka to accept card payments.

The Flemington Celebrates of developing condominiums in Sri Lanka


A recent entrant in to Colombo’s property development arena, The Flemington recently celebrated 5 years in the industry.

Ceylinco Life Family Savari to reward customers with Rs 30 million in gold


A veritable shower of gold – Rs 30 million worth to be precise – is what Ceylinco Life is going to reward loyal policyholders with, as an exciting alternative to its ‘Family Savari’ mega promotion, set back by travel restrictions necessitated by the COVID-19 pandemic.

INSEE Ecocycle takes steps towards Circular Economy based resource recoveries to tackle national waste issue


Moving towards a ‘Circular Economy’ is an action that many world business leaders, policy makers, academics and NGOs argue is necessary to help solve global environmental and economic challenges which directly link to Sustainable Development Goal (SDG) 12- sustainable production and consumption.

Anverally Sons donates tea to the people of Lebanon


Anverally & Sons, one of the largest tea exporters in Sri Lanka, gave physical expression to the phrase ‘tea and sympathy’ when it donated a consignment of tea to the people of Beirut following the explosion that killed more than 220 people in the Lebanese capital.

Axiata Digital Labs partners with LK Domain Registry for Sri Lankas only web competition


Axiata Digital Labs announced that they have entered into a partnership with LK Domain Registry to sponsor the BestWeb.lk Awards 2020.

The Big Bad Wolf Book Sale to give access to three times more titles this year


Book lovers across Sri Lanka, it’s time to get ready for the Big Bad Wolf Book Sale.

CIPM and Horizon Campus MOU to Enhance Opportunities for Students


CIPM Sri Lanka – the Nation’s leader in human resource management and Horizon Campus, one of the leading private higher education institutions in Sri Lanka recognized by the University Grants Commission with an annual intake of over 1100 students, entered into a Memorandum of Understanding (MOU) to cooperate in academic affairs which will be mutually beneficial to students of both institutions.