Business News

A leading architect and two young architecture students from Sri Lanka attended this year’s World Architecture Festival in Berlin.

The Commercial Bank of Ceylon has won the global banking fraternity’s most coveted award – the ‘Bank of the Year’ – presented by The Banker of the UK, ending 2016 with the industry’s ‘Oscar’ in respect of Sri Lanka.

CAKE LABS recently announced that its parent company Sysco Corporation (NYSE: SYY) will move forward with plans to setup a technology innovation center in Sri Lanka.

The Body Shop in Sri Lanka introduced its all new Vitamin E formula with 48 hour moisture for thirsty skin last month.

It has surely been a year of great accolades for Citizens Development Business Finance PLC (CDB), placing it on a winning path and one of great promise for 2017.

The national dream of establishing a center dedicated for children with disabilities becamea little closer to reality on World Disability Day as the foundation for‘AYATI- a centre of excellence for children with disabilities’, was laid ceremonially at the Faculty of Medicine of the University of Kelaniya.

In what has been described as a historic financial transaction, Group Lease Public Company Limited (GLPCL), a digital finance company listed on the Stock Exchange of Thailand (SET), acquired a stake of 22.99% stake in Commercial Credit & Finance Plc (CCF) for USD 70 million on the CSE.

Perfect Business Solution Services (Pvt) Ltd (PBSS), a leading business software solutions provider with presence primarily in Sri Lanka, Maldives and Middle East, recently clinched the Gold award for Western Province and National Silver award at the Entrepreneur of the Year Awards 2016, both under the medium category.

Volvo Cars Sri Lanka, a new subsidiary under the IWS Holdings Group, hosted the grand launch of its state-of-the-art showroom andfull-fledged service facility in Peliyagoda.