Business News

Rakuten Viber launches tool letting users set reminders in My Notes


Rakuten Viber, one of the world’s leading apps for free and easy communication, launches a feature in My Notes enabling users to set reminders for tasks and other important events.

disABILITY An Innovative Teletherapy App to support children with disability Designed and developed by Dilmahs MJF Foundation and MillenniumIT ESP


The MJF Charitable Foundation and MillenniumIT ESP, with partners Microsoft, Sarva Integrated and World Vision Lanka launched disABILITY – an App designed to support children with disability and their families, by connecting them to expert guidance.

Brandix stands firm that it followed all quarantine protocols


In our efforts to ensure transparency and clarify concerns of all our stakeholders on the COVID-19 situation at our manufacturing facility in Minuwangoda, we confirm with proof that all stipulated protocol was followed concerning our employees and their families returning to Sri Lanka from India.

Leo Burnett awarded Sri Lankas Creative Agency of the Year for 2020 by Campaign Brief Asia


Leo Burnett Sri Lanka (part of the Publicis Groupe) has been ranked ‘Sri Lanka’s Creative Agency of the Year for 2020’ at Campaign Brief Asia. Leo Burnett’s Creative Team headed by Ransley Burrows has been recognized with this accolade.

CEAT donates Rs 10 million in equipment PPEs to institutions fighting COVID 19


CEAT Kelani Holdings has made a series of donations of equipment and consumables essential to the continuing battle against the spread of COVID-19 in Sri Lanka, supporting key state institutions to sustain their efforts even as the country manages its return to relative normality.

Airtel and NIMH launches Sri Lankas first mental health chatline


Sri Lanka now has its own text-based helpline for those facing emotional and mental distress.

5G smartphone Huawei Nova 7 SE for every Sri Lankan is now available for pre order


Huawei, the innovative global smartphone brand recently unveiled the Huawei Nova 7 SE thus adding its newest design to the highly popular Huawei Nova lineup.

ComBank receives USD 50 million Equity from IFC

Wednesday, 07 October 2020 03:37

ComBank receives USD 50 million Equity from IFC


The Commercial Bank of Ceylon has announced the completion of all formalities relating to the private placement of shares with the International Finance Corporation (IFC) and the receipt of US$ 50 million (Rs 9.215 billion) from the latter for 115,197,186 ordinary voting shares in the Bank.

Dr. Sumith Wanniarachi Board Director representing the Mawbima Lanka Foundation presented the certification to Ebony Holdings Chairman Mr. Rasmi Raheem and to the Managing Director Mr Raseen Raheem


Ebony Holdings Pvt Ltd and its premium menswear fashion labels Vantage, Ebony & Luxure were recently awarded the “Ganna Ape De” accreditation and utilization of the Suriya Sinha logo in their products, recognizing that they are a 100% Sri Lankan brand.

Marne Martin President IFS Service Management


IFS, the global enterprise applications company, announces the availability of new and enhanced capabilities in its customer engagement software empowering companies to overcome challenges faced when working with traditional call centers to transform their customer engagement.