Category: Business and Economy

A member of the Stafford Group, Spectrum Trading Company (Pvt) Limited, the authorized distributor and sales dealer for several sought-after spare parts and automotive accessory brands in Sri Lanka, opened its first retail outlet in Panchikawtatte on the 24th of October 2021 under the patronage of Dr. Kalinga Kaluperuma, the Managing Director of the Group.…

Organised by the Sri Lanka Institute of Marketing (SLIM), the national body for Marketing in Sri Lanka, the final call for applications for SLIM DIGIS 2.1 will be drawing to a close on 25th November 2021. The highly anticipated SLIM DIGIS is the only awards ceremony that celebrates Sri Lankan’s best digital marketing endeavours, innovation…

Rotaract was set in motion in Sri Lanka in 1969 under Rotary in Action to make the world a better place. Since then, it has expanded to 85 Rotaract Clubs gathering more than 8000 Rotaractors, engaged in rendering their services in various capacities. Rotaract Clubs of Sri Lanka and Maldives fall under the Rotary International…

Flexicare Lanka – a fully owned subsidiary of Flexicare Group, U.K. – recently inaugurated its state-of-the-art modern manufacturing facility in Bandaragama which is expected to revolutionise medical products manufacturing in Sri Lanka. With a total investment of over USD 15 million, the new innovative medical devices manufacturing plant begins its first phase of operations in…

Huawei, the leading technology solutions provider, offers a range of wearables available now in Sri Lanka catering to different consumer requirements, bringing a more convenient and smart life experience that is strengthened by enhanced interaction, independent connectivity and all-scenario inter-connectivity. A simpler way to live a smarter life.       Huawei has introduced a range of…

The Central Bank of Sri Lanka (CBSL) directions on classification, recognition and measurement of credit facilities and other financial assets will come into effect from 01st January 2022 onwards. It’s paramount for bankers to understand the regulatory expectations in this regard. New directions were introduced with the objective of harmonizing the regulatory framework with Sri Lanka Financial…

Vivya, the first ever Sri Lankan heirloom rice infused skin care solutions range, is poised to enter in the South Asian market-and beyond. Developed entirely within Sri Lanka, Vivya is a breakthrough innovation of Hemas Consumer Brands- a leading manufacturer in Sri Lanka’s home and personal care sector. The Vivya range is a unique –if…

vivo Sri Lanka commemorates 4th anniversary by conducting a special donation to an underprivileged school under their #vivocares CSR initiative vivo, a leading global smartphone brand, celebrates its 4th anniversary in Sri Lanka by thanking all its partners, employees, suppliers, distributors, and consumers for continuously supporting and helping the brand reach new milestones and for…

Amana Takaful Insurance bagged the Gold Award for ‘Takaful Entity of the Year’ and the Silver Award for the ‘Entity of the Year’ at the recently concluded SLIBFI Awards 2021 where the awards were adjudged by KPMG. The awards symbolize the exceptional resilience, credibility and customer-centricity in the Islamic Finance domain of the Country. Held…