Colombo’s hospitality scene is set for a refresh as Softlogic Holdings announces the rebranding of its city hotel. Effective June 1st, the property will operate under the renowned NH Collection brand, a subsidiary of Thailand’s Minor International (Minor Hotels). This move signifies a vote of confidence in Sri Lanka’s tourism potential, particularly in the bustling
Siddhalepa, renowned for its Ayurveda-based wellness products, has officially launched its presence in the United Arab Emirates (UAE), marking a significant step towards holistic well-being in the region. The launch event, held at the Pullman Hotel in Dubai, was graced by dignitaries and representatives from prominent organizations, emphasizing the cultural significance and health advocacy behind
Sampath Bank has announced robust financial results for the first quarter of 2024, posting a profit before tax (PBT) of Rs 6.2 billion and a profit after tax (PAT) of Rs 3.4 billion. Despite an exchange loss of Rs 4.3 billion due to the appreciation of the LKR against the USD, the bank achieved significant
The construction industry in Sri Lanka is showing signs of recovery after facing multiple crises, including the Easter Sunday attacks, the COVID-19 pandemic, and economic challenges, according to Eng. Col. Nissanka N. Wijeratne (Retd), Secretary General/CEO of the Chamber of Construction Industry of Sri Lanka (CCI). At the recent Build Sri Lanka Housing & Construction
The Colombo Stock Exchange (CSE) and the United States Agency for International Development (USAID) recently collaborated on an informative forum aimed at assisting small and medium-sized enterprises (SMEs) in southern Sri Lanka. Held at the Weligama Bay Marriott Resort & Spa, the event titled “Redefining the Trajectory of Your Business” provided valuable insights into capital-raising
The ‘FastTrack’ summer internship, a collaborative initiative by the John Keells Group, Sysco LABS Sri Lanka, and Brandix Lanka (Pvt) Ltd, is set to return this year, offering undergraduates a unique four-week internship experience. Launched in 2011, FastTrack stands out by providing participants with an unparalleled opportunity to explore Sri Lanka’s diverse corporate landscape, aiming
Sampath Bank has made waves in Sri Lanka’s banking industry with the launch of its cutting-edge mobile application, Sampath Vishwa Retail. This innovative step represents a significant advancement in internet banking, offering customers unprecedented convenience and accessibility. With a user base exceeding one million, which accounts for approximately 25% of the bank’s clientele, Sampath Vishwa
LankaPropertyWeb (LPW) has unveiled groundbreaking enhancements designed to revolutionize the real estate marketing industry. The introduction of two cutting-edge features – the AI-powered social Media Promo Add-On Package and the ML Image Recognition Tool – marks a significant leap forward in property listings and marketing efficiency. LPW’s AI-powered social Media Promo Tool, named A.M.Pl.I.F.I.E.R (Automated