First Capital Treasuries PLC appoints Sachith Perera as CEO and Dilshan Wirasekara to lead Group’s expansion strategy.
First Capital Treasuries PLC, Sri Lanka’s oldest operating non-bank primary dealer, announced the appointment of Sachith Perera as the company’s Chief Executive Officer with effect from 31st July 2023. Sachith is a financial market professional with a career spanning over 30 years primarily in Treasury and Balance Sheet Management and Financial Derivative Solutions. He is a…
Le Grand Galle Hotel Shines Bright Celebrating 5 Years of Luxury and Unforgettable Experiences
Le Grand Galle, the highly distinguished, Belluna Co. Japan-owned luxury hotel, recently hosted an event to celebrate its 5th anniversary. The hotel is known for its exquisite service and breath-taking vistas of the Galle Fort and its surrounding ocean & unforgettable sunsets. The anniversary celebration served as a testament to Le Grand Galle’s dedication to excellence,…
CAPAZITY ENTERS A STRATEGIC PARTNERSHIP WITH CEYLON XCHANGE TO BUILD A SCALABLE, DATA DRIVEN TECHNOLOGY PLATFORM
Capazity (Pvt) Ltd, Sri Lankas pioneering organisation exclusively focusing on the senior citizen segment of Sri Lanka recently sealed a partnership with Ceylon X Corporation (Pvt) Ltd to enable several digitized processes and digital platforms to provide world class, ahead-of-the curve services to its members, island wide merchant partners, trainers/facilitators. Capazity is an organisation that…
HUTCHISON ANNOUNCES MANAGEMENT CHANGE IN HUTCH SRI LANKA
HUTCH Sri Lanka CEO Thirukumar Nadarasa will retire on 15th September 2023 after 25 years with the Hutchison Group. Since he has accumulated outstanding leave, his last working date with Hutch is 31st July 2023. During his tenure, he worked in different Hutchison Telecommunication subsidiaries in the group. He rejoined Hutch Sri Lanka in 2012…
Softlogic powers up a secure software defined data center at Lanka pay that handles over 200 million interbank digital transactions
LankaPay was established in 2002, under the guidance and supervision of the Central Bank of Sri Lanka as the national payment network. Owned by the Central Bank and all licensed commercial banks in the country, LankaPay is regarded as one of the most successful Public Private Partnerships (PPP) in the region. With the ever increasing…
Kubota DC-93G: Leading the Paddy Harvesting Revolution
Hayleys Agriculture Holdings Limited proudly unveiled its latest agricultural harvesting technology- the Kubota DC-93G Combine Harvester. On the 27th of July 2023, the company celebrated a significant milestone as they handed over the first machine to a proud customer, Mr. D Sarath Jayaratne from Polonnaruwa, marking the beginning of a new era in harvesting efficiency…
Hayleys Solar partners with Watchtower Sri Lanka to Construct 2MWh Battery Backup System with solar PV in Sri Lanka
On May 18th 2023, Hayleys Solar, the renewable energy arm of Hayleys Fentons, partnered with Watchtower Sri Lanka to construct a 2MWh battery backup system powered by solar PV, designed to provide energy independence, offering up to three days of uninterrupted power. This landmark project marks a significant milestone for the renewable energy sector in…
SMIB announces appointment of new Chairman
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 a fully government-owned Licensed Specialized Bank with a history spanning over nine decades, SMIB has…
First Capital Retains Crown as the Most Valuable Consumer Brand in the Investment Banking Sector – Brand Finance Rankings 2023
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 the second consecutive year that First Capital has secured the top spot, affirming its position…
Huawei’s Intelligent Distributed OLTs scores the highest in GlobalData FTTP Competitive Landscape Assessment
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, Deployment Flexibility, Density/Scalability, Capacity, and ONT Range; and they named Huawei as an FTTP leader,…