Business

AIA to focus on raising health awareness in Sri Lanka

AIA insurance Lanka PLC recently presented its exclusive product line with a vision to help Sri Lankans make a real change by rewarding healthy living and creating awareness about healthy lifestyles. AIA insurance CEO Pankaj Banrjee said it wants to change the traditional ‘you die – we pay’ insurance model[…]

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Mobitel launches experiential ‘Locomole’ app for tourists

Singapore based LDR Technologies has collaborated with Mobitel to launch ‘Locomole’, a location based, customizable app to promote digital tourism in Sri Lanka. Locomole is the first experiential tourism app launched in Sri Lanka and is powered by Mobitel and guided by the Ministry of Tourism Development. In the initial[…]

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New director appointed to Dialog Axiata board

Dialog Axiata PLC has appointed Dato’ Mohd Izzaddin Idris to its Board of Directors, as a Nominee Director of Axiata Group, with effect from 09th August 2018. Idris will act as a Non-Independent/Non-Executive Director, and by virtue of being a Nominee Director has a relevant interest in 6,785,252,765 (83.32%) ordinary[…]

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Sunshine Holdings PAT down 39% on low Agri profits

Sunshine Holdings PLC (CSE: SUN) reported top line growth of 8% YoY to end 1Q of the financial year (1QFY19) with consolidated revenue of Rs. 5.6 billion, with Profit after tax (PAT) declining by 38.8% to Rs. 343 million and profit margins reducing to 6.2% from last year’s (1QFY18) 10.9%.[…]

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Airbnb to promote Experiences in Sri Lanka to boost authentic tourism

Sri Lanka today became the first country in Asia to have a strategic partnership between its national tourism body and Airbnb, the world’s biggest accommodation-sharing platform, to launch Airbnb Experiences locally. The company signed an agreement with Sri Lanka Tourism Development Authority (SLTDA) today to work together to onboard local[…]

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