Business News

SIEMENS DIMO Consortium continues to enhance National Power Supply with CEB


SIEMENS - DIMO consortium recently signed agreement with the Ceylon Electricity Board (CEB) to embark on the Medium Voltage distribution sub project package 05 of the “National Transmission and Distribution Network Development and Efficiency Improvement Project” aimed at enhancing national power supply.

ComBanks Flash enables contactless payments for Tenaga Car Park services


Commercial Bank’s ‘Flash’ Digital Bank Account holders can now pay via the app for parking at Tenaga managed on-street and off-street parking spaces, without having to drive around looking for a parking meter, consequent to a partnership between the Bank and Tenaga Car Parks (Pvt) Ltd.

Cambridge International releases results for June 2020 series


In a year like no other, Cambridge International released the results of its June 2020 series on time, to thousands of schools around the world today.

Sampath Bank publishes Carbon Neutral Annual Report for 5th consecutive year


Once again proving its environmental consciousness, Sampath Bank published its Integrated Annual Report 2019 as a carbon neutral product for the fifth consecutive year.

Axiata Digital Labs Adds Industry Veterans to Leadership Team


Axiata Digital Labs (ADL) is pleased to announce the addition of Sanharsha Jayatissa, Fawaz Ashraff and Niresh Samaranayake to their Senior Leadership Team.

HUTCH launches Unlimited Social Media plans for both 3G and 4G subscribers


HUTCH, Sri Lanka’s preferred choice for mobile broadband services, has unveiled Unlimited Social Media plans including Facebook, Messenger and WhatsApp in yet another customer-oriented service offering.

Ceylon Dollar Bond Fund gains on recovering Sovereign Bonds


The Covid-19 financial crisis led to a crash in SL Sovereign Bond prices from $100 to an all-time low of $48.15 in May as investors ran to the safety of US treasuries exiting Asian bonds.

HNB partners with Browns Agriculture for offers on agricultural equipment


Sri Lanka’s leading private sector bank HNB PLC, partnered with Brown & Company PLC to offer affordable leasing packages inclusive of attractive benefits for agricultural vehicles in the SME sector.

WSO2 Global Software Company Centered on Sri Lankan Talent and Expertise Turns 15


WSO2, a software company that began in Sri Lanka in 2005, marks 15 years of business operations in August.

The CSE expresses confidence in the strong mandate for a pro growth Government


The Board of Directors of the Colombo Stock Exchange (CSE) congratulates the new Government led by His Excellency President Gotabaya Rajapakse and Prime Minister Mahinda Rajapakse on receiving a convincing mandate at the recently concluded General Election.