Category: BUSINESS

(COLOMBO, LANKAPUVATH) – School closures have been implemented in most countries worldwide as a preventive measure to curb the spread of the COVID-19 pandemic, causing an unprecedented disruption of education, affecting more than 90% of the school population.The coronavirus outbreak has caused major disruptions to daily life and children are feeling these changes deeply.

(COLOMBO, LANKAPUVATH) –Cementing an international reputation for excellence, Sri Lanka’s leading private sector bank, HNB PLC, was ranked among the Top 1,000 World Banks 2020 for the fourth consecutive year by the UK’s prestigious Banker magazine.

(COLOMBO, LANKAPUVATH) –HMD Global, the home of Nokia phones, today announces it is acquiring assets of Valona Labs and launchingabrand-new Centre of Excellence in Tampere, Finland. Combining HMD Global’s commitment to delivering secure, reliable and dependable mobile experiences with Valona Labs’ expertise in mobile, enterprise and cybersecurity software, the acquisition of assets will further build upon the company’s reputation as a global leader in smartphone software updates and security1.

The Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) unanimously elected Kasturi Chellaraja as its president for the year 2020/21, at the 59th Annual General Meeting held earlier this week.

(COLOMBO, LANKAPUVATH) – Leading Indian infrastructure developer Iconic Developments reported that construction of its self-contained luxury apartment complex Iconic Galaxy in Rajagiriya was gathering momentum with the relaxing of lockdown laws in the country.

The grant enables development and expansion of accessible technology for people with disabilities COLOMBO, LANKAPUVATH  – Microsoft announced it selected Fortude as the first Sri Lankan grant recipient of its AI for Accessibility program, which funds organizations that use artificial intelligence to empower people with disabilities. The grant — which includes access to Microsoft’s Azure cloud computing service and provides training and resources to organizations looking to tackle problems relating to work, life, and human connections  — will enable…

(COLOMBO, LANKAPUVATH) – Janashakthi Life partners with oDoc, to provide free life insurance cover (inclusive of COVID – 19 coverage) and critical illness insurance cover up to Rs. 100,000 for all customers via the app. In addition to this, oDoc customers can extend the free cover to specially designed covers worth Rs. 200,000 and Rs. 600,000 at an affordable discounted rate. These special products are designed to cater to the customer needs and to make…

(COLOMBO, LANKAPUVATH) –The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Mr. Dumith Fernando as the Chairman of the Board of Directors of the CSE with effect from 01st July 2020. Mr. Fernandohas served on the Board of the CSE since 2017 and succeeds Mr. Ray Abeywardena, who steps down as the Chairman after completing his three-year tenure.

(COLOMBO, LANKAPUVATH) – Unilever Sri Lanka announced today the next step in the evolution of its skin care portfolio,with the rebranding of its flagship brand Fair & Lovely.