Business News

Watawala Plantations becomes South Asia s first RSPO certified palm oil plantation


Watawala Plantations PLC (CSE: WATA), Sri Lanka’s leading diversified agribusiness company, has reached the next milestone in its development of sustainable oil palm plantations, achieving the Roundtable on Sustainable Palm Oil (RSPO) certification for the palm oil mill and concessions in Galle District.

Commercial Bank Bangladesh AAA rating 2020


The Bangladesh operations of Commercial Bank of Ceylon PLC achieved another milestone in 2020 with the assignment of an ‘AAA’ (Triple A) long term credit rating for the 10th consecutive year by Credit Rating Information and Services Ltd. (CRISL).

MAS Holdings Doubles its Empowerment Commitment to the UN Foundation in the midst of COVID 19


MAS Holdings, the largest and leading design-to-delivery apparel solutions provider in South Asia renewed its commitment today to empower more of its employees by extending its original undertaking to provide health and wellbeing education and services focusing on sexual and reproductive health; and awareness on gender-based violence, to its employees and the communities adjacent to their manufacturing locations.

Stop Child Cruelty Trust Appeals to HE to End Child Protection Crisis In Pursuit of The True Essence of International Childrens Day


Stop Child Cruelty Trust (SCC), an organization committed to ending cruelty to children especially corporal punishment is the sole organization registered with the Office of the United Nations High Commissioner for Human Rights (OHCHR) and is a key stakeholder of the periodic review team of the United Nations Committee of the Rights of the Child (UNCRC).

Kelsey Homes set to launch Second Phase of CENTRAL PARK JA ELA after First Phase sells out within a month


Kelsey Homes, the pioneering real estate developer in Sri Lanka, is set to launch the Second Phase of their latest project CENTRAL PARK, JA-ELA following the resounding success of the First Phase.

hemas hospitals


Sri Lanka’s most reputed private healthcare institution Hemas Hospitals reasserts its deep commitment to providing safe access to healthcare this World Patient Safety Day.

Dementia accidental falls major causes of disability among the elderly by Dr Dilhar Samaraweera


It is hard to overstate the impact that COVID has had across our society and communities.

Guo Ping delivers a keynote speech


HUAWEI CONNECT 2020 opened was held recently in Shanghai.

Abans PLC to divest stake in Abans Finance PLC to Softlogic Capital PLC


In meeting the aspirations of the Government of Sri Lanka and the Central Bank of Sri Lanka to develop a stronger financial system, Abans PLC, the controlling shareholder of Abans Finance PLC, will be selling its stake in the finance company to Softlogic Capital PLC, the holding company of Softlogic Finance PLC, with a capital gain.

Oracle Enables Customers to build Business Resilience


Extending its lead in the cloud ERP market, Oracle today announced updates to Oracle Fusion Cloud Enterprise Resource Planning (ERP) and Oracle Fusion Cloud Enterprise Performance Management (EPM).