ASIAN TELCOS COME UNDER PRESSURE IN 2017
Fiercer competition and rising capex needs will put pressure on the credit profiles of most Asian telcos over the next year
PAN ASIA BANK
Pan Asia Bank joined hands with Rotary Club of Colombo Metropolitan as Gold sponsor for its charity golf tournament
JAT HOLDINGS
JAT Holdings announced that it has been named Sri Lanka’s Best Employer Brand, an award conferred by the Employer
GOVERNMENT FINANCE
Sri Lanka’s Minister of Finance Ravi Karunanayake assured that Budget 2017 is a development-oriented budget
DENGUE THREAT ON THE RISE
Nearly 70 people are reported to have died of dengue fever in Sri Lanka this year, and given the onset of monsoonal rains
BAN ON CINNAMON IMPORTS AND RE-EXPORTS
Fuelled by the country’s intention to reach the target of US$ 1 billion from its spice sector in 2020
NUMBER OF ACCIDENTS EDGES HIGHER
Sri Lanka has witnessed 29,630 accidents and 2,207 deaths in the nine months to September
LOWER DUTY FOR ELECTRIC CARDS
Budget 2017 has proposed a reduction in excise duty on electric cars as well as the provision of an interest rate
TAJ SAMUDRA COLOMBO
Area Director Sri Lanka & Maldives and General Manager of Taj Samudra Colombo Sarabjeet Singh won the Award of Excellence
LANKACLEAR
LankaClear, the operator of Sri Lanka’s national payment network – LankaPay, took another giant stride in the payment
SRILANKAN AIRLINES
SriLankan Airlines facilitated the air travel of the Take Heart Mercy Mission, a team of medical specialists from the
JOHN KEELLS X
John Keells X, an open innovation challenge conceptualised by John Keells Holdings (JKH), announced the winners
LASSANA FLORA
Lassana Flora, South Asia’s first-ever ISO-certified floral solutions provider, has once again revolutionised Sri Lanka’s floral
DARAZ
Daraz has been hugely successful, offering convenient shopping and an assortment of genuine products at amazing
JOHN KEELLS OFFICE AUTOMATION
John Keells Office Automation (JKOA) announced a landmark agreement to introduce Toshiba’s sophisticated new
COMMERCIAL CREDIT
Commercial Credit was declared the National Winner in the ‘Marketing Company of the Year 2016’ category by the
A TYPICAL ENGLISH RESIDENCE
“Bar 190” inside the Gore Hotel in London is a site of pilgrimage for Rolling Stones fans worldwide, because it was at this venue in
STATEMENT ON DRUG PRICE CONTROL
Sri Lanka has a strong and accessible public healthcare system, complemented by a quality private healthcare system
THE RULERS’ LAW AND THE RULE OF LAW
President Maithripala Sirisena and the present government took office on a mandate to establish good governance
DFCC BANK
The synergies of the amalgamation with Vardhana Bank are starting to materialise. For the nine months ended 30 September
