HNB FINANCE unveils new Gold Loan Unit at Kilinochchi branch

January 31, 2024: Responding to the increasing demand for gold loan services in the country’s Northern region, Sri Lanka’s leading integrated financial services provider HNB FINANCE PLC introduced a newly dedicated Gold Loan Unit at its Kilinochchi branch located at No.08, Kanagapuran Road, Udayanagar – East, Killinochchi. The grandeur opening ceremony for the Gold Loan […]
Nawaloka Hospitals PLC Resolves Disclaimer Points, Presents Strong Financial Performance in Annual Report 2022-2023

One of Sri Lanka’s leading private hospitals, Nawaloka Hospitals PLC is pleased to announce the release of its Annual Report for the fiscal year 2022-2023. We are proud to inform our investors and stakeholders that we have successfully resolved the disclaimer points raised in the previous report and have ensured that our current year accounts […]
Breaking Language Barriers: Trying Out AI-Powered Live Translate on Galaxy S24 Ultra in San Jose, CA

Whether you’re in a business meeting, traveling abroad or making a restaurant reservation, communication is key. On January 17, when Samsung Electronics released its latest lineup of Galaxy products powered by Galaxy AI, the company also unveiled a personal interpreter right in your pocket. With the Galaxy S24 Ultra’s Live Translate feature, talking to anyone […]
Yara Technologies enters the African market, targets rapidly-growing FinTech market

Yara Technologies [“Yara”], Sri Lanka’s premier EdFinTech company, expanded into the African market by partnering with Meus Technologies, Zambia [“Meus”]. This move is strategically aligned with Africa’s rapidly growing FinTech landscape, presenting significant opportunities for Yara to enhance access to capital, especially for the expanding middle class. The company expects the FinTech adoption to be […]
VAT surge threatens Sri Lanka’s housing and foreign investments

By Rohan Parikh In the intricate case of Sri Lanka’s economic rejuvenation, the recent surge in the Value Added Tax (VAT) to 18 percent, coupled with the removal of certain industries from the exemptions list, has emerged as a focal point for concern among foreign investors assessing the country’s economic climate. This shift, occurring within […]
Mark Moffat Appointed as CEO of IFS Darren Roos appointed as IFS’s Chair of the Board

IFS, the global cloud enterprise software company, today announces that Mark Moffat has been promoted to Chief Executive Officer (CEO). Moffat takes over from Darren Roos who has been appointed as the company’s Chair of the Board. Both appointments are effective immediately. The transition provides great continuity for the business by building on the successful […]
MiHCM Launches SmartAssist A Game-Changing AI Tool for HR Productivity and Precision

Colombo, Sri Lanka, (Date) – MiHCM, a global provider of digital solutions for human capital management unveiled its ground-breaking AI powered HR co-pilot – SmartAssist, poised to propel HR into the Future of Work. This innovative tool is the latest addition to the cloud-based MiHCM HR suite of solutions, providing real-time AI that goes beyond […]
Samsung Sri Lanka Opens Pre-Orders for Galaxy S24 Series with Exclusive Offers

Colombo, Sri Lanka – 21st Jan 2024: Samsung, a global technology leader, proudly announces the commencement of pre-orders for its highly anticipated Galaxy S24 Series, featuring the Galaxy S24 Ultra, Galaxy S24 Plus, and Galaxy S24. The pre-order period kicked off on January 19, 2024, at 05:00 AM and extends until February 8, 2024, until […]
HTR Group continues CSR drive to empower more Sri Lankan lives

January 11, 2024: Prominent Sri Lankan business establishment HTR Group continued its CSR (Corporate Social Responsibility) efforts in 2024 by donating nutritional and other essential items to pregnant mothers. The ceremony was recently held at the Avissawella Municipal Hall on 06th January 2024, where 250 expectant mothers from the area received these much-needed items. The […]
Sunshine Holdings announces the appointment of Shyam Sathasivam as Group CEO

January 18, 2024: Diversified conglomerate Sunshine Holdings PLC (CSE: SUN) at its board meeting held on the 18th of January announced the appointment of Shyam Sathasivam as the Group Chief Executive Officer. Shyam held the position of Managing Director of the subsidiaries Sunshine Healthcare Lanka Limited and Sunshine Consumer Lanka Limited. Shyam brings over 21 […]