Business

GlobalData, a world-leading consulting company, recently released its FTTP (Fiber to the Premise) Competitive Landscape Assessment. In this report, GlobalData gives high scores to Huawei's SmartAX MA5800/EA5800 series OLT (Optical Line Terminal) products in terms of Customer and Market Traction,...

One in every three loans provided to small and medium enterprises (SMEs) in Sri Lanka by lending institutions in 2022 was by the Commercial Bank of Ceylon, recently released official government figures reveal. This emphatic reaffirmation of Commercial Bank’s status...

Seylan Cards, the Essential Card for Heartfelt Essentials, recently entered into a strategic partnership with Orient Insurance to offer exclusive benefits to Seylan Cardholders. The collaboration aims to provide Cardholders with exclusive premiums and 0% interest Easy Payment Plans on...

Hemas Group partners with Eco Spindles to establish two state-of-the-art Baling sites in Ampara and Colombo. This strategic collaboration aims to tackle the urgent issue of plastic pollution by collecting over 25,000 kilograms of plastic waste per month. The primary...

Gapstars - a B2B service provider helping innovative Dutch software companies grow rapidly with high-performing agile offshore development teams in Sri Lanka, hosted Sri Lanka’s first AI Day on June 30, 2023, at Gapstars HQ, Colombo. This groundbreaking event brought...

The State Mortgage & Investment Bank (SMIB) announces the appointment of Joseph Soosaithasan as the new Chairman of the bank. Joseph’s appointment reflects SMIB’s commitment to ensuring stability and progress in delivering exceptional financial services to its valued customers. As...

First Capital, the pioneering investment institution in Sri Lanka, is delighted to announce its triumph as the 'Most Valuable Consumer Brand in the Investment Banking Sector,' featured in the esteemed 'Brands Annual 2023' edition by Brand Finance. This achievement marks...

Move significantly enhances the connecting experience and underscores the carriers’ strategic partnership Air Canada and Emirates today announced a customer service milestone in the two airlines’ strategic partnership with the move of Air Canada’s operations to Dubai International’s (DXB) flagship...

Brings together top-class institutes and world-renowned experts from 8 countries Over 700 participants locally and globally Quantified, verified and offset 15 tCO2e for Carbon Neutrality Hayleys Plantations, a global leader in progressive plantations management, announced the successful conclusion of the...

HNB Assurance PLC (HNBA) and HNB General Insurance Limited (HNBGI), yet again, secured spots among the prestigious Top 100 Most Valuable Brands in the country, according to the renowned Brand Finance and LMD Business Magazine. Amidst the challenges posed by...