Business News

HNB launches revamped Student Savings Unit at Royal College


Ramping up efforts to encourage a flourishing savings habits among young Sri Lankans, premier retail bank, HNB PLC, celebrated the opening of a fully revamped Student Savings Unit at the most respected public school in the island, Royal College, Colombo.

Axiata Digital Labs partners with BCS Sri Lanka as the Exclusive Innovation Partner for National ICT Awards NBQSA 2020


Axiata Digital Labs announced today that they have signed a partnership with the local chapter of the UK based Chartered Institute for IT professionals BCS Sri Lanka, to sponsor National ICT Awards (NBQSA) 2020 as the Exclusive Innovation Partner.

POIA re elects founder office bearers to continue advocacy in national interest


Business leaders pledged to continue their advocacy, in the national interest, on behalf of Sri Lanka’s beleaguered palm oil industry with the re-election of the founder office bearers and committee of the Palm Oil Industry Association (POIA) for a second two-year term at the apex body’s Annual General Meeting (AGM) last week.

Tass Melissinos Joins WSO2 to Lead Business Growth in Australia and New Zealand


WSO2, the open source API-first integration company, today announced that Tass Melissinos has joined the company as the Vice President and General Manager for Australia and New Zealand.

Munchee boosts National Volleyball Championship with sponsorship for 13th consecutive year


Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), in acknowledging the importance of volleyball as the country’s national sport, is sponsoring the annual National Volleyball Championship for the 13th consecutive year.

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.