Amana Takaful PLC (ATI), a fully-fledged insurance company operating in Sri Lanka, has braved the Pandemic and other economic pressures of the year 2021. The organization closes the year 2021, with a significant 23% growth in group sales revenue and a 13% surge in group net profits before other comprehensiveContinue Reading
Softlogic Information Technologies (Pvt) Ltd (Softlogic IT), a leading enterprise solutions provider in Sri Lanka, recently won two prestigious awards at the Dell Technologies FY23 Partner Business Conference Asia Emerging Markets Awards ceremony. The awards won were the ‘Tier 1 Partner of the Year – Sri Lanka and Maldives’ asContinue Reading
The fuel stocks expected to arrive within the next three days will gradually end the long queues at filling stations around the country, the Ministry of Power and Energy said. The newly appointed Minister of Power and Energy Kanchana Wijesekara has taken steps to establish an operation center consisting ofContinue Reading
A total of 75,909 cancer cases were diagnosed in Sri Lanka over a five-year period up to the year 2020, and 57% of those diagnosed were women. ‘Loss of Hair’ is a major side effect of the chemotherapy treatment that these patients must undergo. Realising the psychological trauma these womenContinue Reading
Starting from April 18th the closure of the Colombo Stock Exchange (CSE) for five business days was a short-term move and was put in place to fix many issues and permit investors to study and comprehend the economic changes that were applied by the Central Bank last Tuesday (12) afterContinue Reading
Granbell Hotel Colombo the first 4-star hotel in Colombo uniting the Sri Lankan and Japanese design philosophies will open on the 27th of April 2022. The sister property of Le Grand Galle and proudly situated on the Western coast, Granbell Hotel Colombo welcomes all to an eventful experience in theContinue Reading
The prevailing forex crisis in Sri Lanka has severely impacted many industries in the country’s economy, including the dairy industry. As an industry with endless potential to help the economy, the dairy industry is one of the most important industries in the country. However, rising costs, scarcity of feed, vitamins,Continue Reading
At the inaugural Huawei Cloud Spark Hackathon Singapore 2022 final event last Friday, 10 teams pitched innovative products to a panel of judges, addressing five emerging trends in Education, Hospitality & Travel Service, Eco & Sustainability, Finance & Banking, and Health Tech. This year’s hackathon, which opened on November 15,Continue Reading
In Sri Lanka, the payment industry is presently going through a swift change because of the introduction of current payment instruments, methods, and procedures. Together with the customary payment means, these new payment procedures have entirely reshaped the customer encounter and allowed businesses and consumers to handle their financial transactionsContinue Reading
A majority of investment professionals have raised concerned over the prolonged closure of the Colombo Stock Exchange (CSE), according to a recent survey conducted by CFA Sri Lanka. The survey reveals that a good majority is of the view that the decision to close the Colombo Stock Exchange (CSE) fromContinue Reading