Business News

Fairfirst Insurance Investing in Technology to Make the Customer Journey Better


Fairfirst is upgrading its technology backbone to a state-of-the-art, best-in-class, technology platform that will make the customer journey at Fairfirst much better.

Emirates returns AED 5 billion to customers in refunds


Emirates reveals that is has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady progress on its commitment to customers to complete pending refunds.

TransferWise and Mastercard expand their global partnership


Mastercard and TransferWise have announced an expanded partnership to enable the issuance of cards in any market around the world where Mastercard is accepted and TransferWise is licensed for its multi-currency borderless account.

Thushan Anjana Ratnayake


In addition to ensuring a safe and healthy working environments, Sri Lankan businesses must innovate and adapt workplaces as the Covid-19 Global Pandemic has brought forward a transition in to on-line work practices while creating new vistas for freelancer and team-sharing platforms, said Anjana Rathnayake, founder of work.lk, jobpal.lk and rubik.lk which continue to disrupt the job market and the gig economy.

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.