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Sri Lanka’s leading tea exporter Akbar Brothers aims for full business visibility with IFS

IFS, the global enterprise applications company, announces that Akbar Brothers Pvt.Ltd. Sri Lanka’s largest tea exporter, has chosen to invest in new IFS capabilities to support mission-critical business processes,  further increase efficiencies, and help drive future growth. The new IFS enterprise…

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Allianz sets climate targets for specific asset classes in the insured portfolio and strategically expands sustainability

First interim target on the way to climate neutrality in the investment of policyholder funds by 2050 25% reduction in greenhouse gas emissions in equities and corporate bondsReal estate investments on 1.5-degree path by 2025New sustainability strategy sets ambitious targets for…

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Sri Lankan agency wins Top Prize at Indie Awards 2020 in London Triad continues its global winning Streak

Extract from Indie Awards 2020, London press release: In their winning work, Sri Lankan based independent agency Triad, have shown sensitivity and understanding of a complex issue.  In addition, they have proved that bravery and creativity, rather than a large budget can inspire true…

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Huawei's Ryan Ding: Maximizing Wireless Network Value for a Golden Decade of 5G

At the 2020 Global Mobile Broadband Forum (MBBF), Huawei’s Executive Director and President of the Carrier Business Group Ryan Ding gave his keynote speech “Maximizing Wireless Network Value for a Golden Decade of 5G”. Ding said that the coming decade will be a golden…

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HNB secures US$ 60 million funding for SMEs from France’s PROPARCO

Sri Lanka’s premiere private sector commercial bank and pioneer in the field of SME banking, Hatton National Bank PLC, recently announced a landmark agreement with PROPARCO, the private sector funding arm of the French Development Bank Agence Française de Développement (AFD), to secure US$ 60 million in…

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Crysbro leads charge in uplifting the rural economy by creating new employment opportunities

October 15, 2020:  Affirming their continued commitment to empowering the rural economy and its dependents, Sri Lanka’s largest and leading poultry producer Crysbro continues to create fresh  employment opportunities through its numerous factories and farms in operation throughout the island – particularly in the Eastern province. The locales in…

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AI and automation power latest release of IFS customer engagement, driving improved customer experiences

Highly configurable, integrated and fully branded omnichannel hub lets customers book services and get accurate information online, through social or over the phone IFS, the global enterprise applications company, announces the availability of new and enhanced capabilities in its customer engagement software empowering companies to overcome challenges…

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Technomedics Corporate Announces New MD

Technomedics, Sri Lanka’s leading medical equipment and turnkey solutions provider which partners with many Fortune 500 companies, is pleased to announce Linus Jeganathan as its new Managing Director to spearhead its long term growth objectives. Jeganathan , a senior management professional counting over 20 years of experience…

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Abans PLC to divest stake in Abans Finance PLC to Softlogic Capital PLC

In meeting the aspirations of the Government of Sri Lanka and the Central Bank of Sri Lanka to develop a stronger financial system, Abans PLC, the controlling shareholder of Abans Finance PLC, will be selling its stake in the finance company to Softlogic Capital PLC, the holding company of Softlogic Finance…

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