Softlogic Life launches Sri Lanka’s first-ever TV commercial powered by AI, featuring all-time music legends

Colombo, 7th June 2023: Sri Lanka’s 2nd largest life insurer Softlogic Life launched Sri Lanka’s first artificial intelligence (AI) TV commercial, recreating four of the most iconic music legends of the country; H.R.Jothipala, Milton Mallawarachchi, Clarence Wijewardena and Sunil Perera using “deepfake” technology. The creative campaign, which shows the four artists performing Softlogic Life’s iconic […]
HNBF opens all-new Gold Loan Unit at Norochcholai branch

May 03, 2023: HNB FINANCE PLC, Sri Lanka’s leading integrated financial services provider, launched a new Gold Loan Unit at its Norochcholai branch located at Kalpitiya Rd, Norochcholai. The launch event was attended by key executives, including MD/CEO Chaminda Prabhath along with AGMs, product heads, and branch managers. The 58th Gold Loan Unit was established […]
Rate of ransomware attacks decline slightly across APJ in 2022: Sophos

68% of APJ organisations surveyed reported they were a victim of ransomware compared to 72% the year before Colombo, Sri Lanka –Sophos, a global leader in innovating and delivering cybersecurity as a service, today released its annual “State of Ransomware 2023” report, which found that the rate of ransomware attacks declined slightly in Asia Pacific […]
Unlocking New Possibilities: The Impact of Deep Fake Technology on Brand Storytelling

By Kavi Rajapaksha By now, marketers know that they need to work hand in hand with artificial intelligence (AI) to be successful in this era driven by technological advancements. According to the most recent data, more than 650 million unique branded content pieces are posted every day but 87% of them fail in achieving any […]
Joint Apparel Association Forum : ‘Maintaining GSP+ is Critical to Sri Lanka’s Apparel Sector’

With the current GSP+ regulation set to expire by the end 2023, it is imperative that Sri Lanka takes measures to secure concessionary access to the European market. Securing GSP+ depends on Sri Lanka upholding the already ratified conventions spanning human rights, labour, environment and governance. If Sri Lanka is to lose GSP+, the […]
Collect Fixed Deposit interest immediately for the 1st time in Sri Lanka, only through Sampath ‘Kalin Cash’

XXX May 2023, Colombo: Reaffirming its position as a market disruptor in the Banking and Financial sector of Sri Lanka, Sampath Bank is thrilled to announce the relaunch of its popular Sampath ‘Kalin Cash’ fixed deposit product. For the first time in Sri Lanka, this innovative offering allows its valued customers to collect their interest […]
LAN and Ladies’ College partner for the school’s ‘Building Future Leaders’ program

The Lankan Angel Network (LAN) recently partnered with Ladies’ College, Colombo for the school’s innovative “Building Future Leaders” program. This is Sri Lanka’s first structured initiative to bring in corporate leaders, business professionals, and partners from various industry and corporate bodies, to share their experience and impart important skills which will enable the future success […]
Healthcare, Consumer and Agri propel Sunshine Holdings’ strong FY23 performance amidst macroeconomic challenges

May 26, 2023: Diversified Sri Lankan conglomerate Sunshine Holdings (CSE: SUN) recorded resilient revenue growth in a challenging macroeconomic environment, reporting notable top-line growth during the year ended 31 March 2023. Group’s Healthcare and Consumer sectors led growth while healthcare segment remained the major contributor to total Group revenue in FY23. Sunshine recorded a […]
Harpic further uplifts toilet hygiene with second phase under ‘Suwa Jana Meheyuma’ initiative

May 24, 2023: Harpic, the leading hygiene brand in Sri Lanka, is committed to its social responsibility campaign ‘Suwa Jana Meheyuma’ which aims to uplift the sanitary standards of lavatories in girls’ schools and create awareness about proper hygiene habits among young girls. The second program under this campaign was held at Minuwangoda Nalanda Balika […]
From Resilience to Revival – Rebuilding Bigger, Better, Faster, More By The Joint Apparel Association Forum

On March 20th 2023, the International Monetary Fund’s (IMF) Executive Board approved a four-year Extended Fund Facility (EFF) arrangement for Sri Lanka amounting to USD 2.9 billion. This was post the agreements with China and India – Sri Lanka’s biggest lenders for additional financial assistance and the first steps in getting Sri Lanka’s economy back […]