business news
Intel inspired Ultrabook™ coming soon to Sri Lanka
Intel Sri Lanka ushered in a new category of portable computers, with the announcement of the Ultrabook in the local market. Based on the second generation Intel® Core™ processors, Ultrabooks are set to bridge the gap between processing power and portability, promising to be a game changer in the ever-evolving technology market......
Commercial Credit PLC - Platinum Sponsor of ‘Lester James Peries & Sumitra Peries Foundation’
Commercial Credit PLC recently joined hands with the “Lester James Peries & Sumitra Peries Foundation” as Platinum Sponsor for its activities during 2012/13......
Hameedia now dresses third generation grooms
Sri Lanka’s leading menswear specialist, Hameedia, prides itself in dressing third generation grooms. From the simple tailoring establishment which opened its doors in 1949, Hameedia has evolved over the years to occupy top slot as the country’s most sought after grooming specialist......
Expolanka Holdings PLC acquires controlling stake in Akquasun Holidays India for USD 915,000
Expolanka Holdings PLC today acquired the controlling stake in Akquasun Holidays India (Pvt) Ltd - at a cost of USD 915,000, thus further consolidating both its presence and strength in the leisure and travel sectors......
‘LANKAPACK 2012’ packaging expo to complement industry growth with huge international participation
The Sri Lanka Institute of Packaging (SLIP), the key organisation representing the Sri Lankan packaging industry today announced the forthcoming ‘LANKAPACK 2012’ expo which will uncover vast potential of Sri Lanka’s packaging industry and parallely unveil the latest international products......
Nestlé increases its milk collection in Sri Lanka and continues to uphold its commitment to develop the local dairy industry
Nestlé Lanka, Sri Lanka’s largest private sector collector of fresh milk announced that it has increased its local fresh milk collection by over 45% (YoY) during the period January to April 2012.......
Sri Lankan students to attend Intel International Science and Engineering Fair (Intel ISEF) 2012 in USA
The three winners of the Sri Lanka Science and Engineering Fair (SLSEF) 2011 - Chathura Saman Kumara from Pinnawala Central College, Rambukkana, Maleen Wijeratna from Maliyadeva College, Kurunegala, and a team comprising Pipunika Vimanthi Silva and Nipun Kavishka Silva from, De Mazenod College, Kandana will travel to Pittsburg, PA in the USA.....
Fitch Assigns an “A (lka)” Rating – with a Positive Outlook for Sampath Leasing and Factoring Ltd
Fitch Ratings Lanka Limited has assigned an “A (lka)” National Long – term rating with a positive outlook for Sampath Leasing and Factoring Ltd (SLFL), a fully owned subsidiary of Sampath Bank PLC. SLFL is a specialized leasing company, which was established in 2005 to service the SME and retail segments. MORE...
Executive Briefing Series on Finance Transformation
The key note address and the panel discussion will focus on the challenges, issues and opportunities in finance transformation through shared services and outsourcing. MORE...
DFCC Vardhana Bank records profit increases of 92.5%
DFCC Vardhana Bank’s profit before tax (PBT) amounted to Rs 708.5 million during 2011 recording an increase of 31.5% compared with the PBT of Rs 538.8 million in 2010. The provision for taxation amounted to Rs 177 million. MORE..
AeU MBA Graduates excel at the Convocation in Malaysia
Valedictorian Markandu Sivakumaran was amongst the first batch of Sri Lankan students who graduated with MBAs from the Asia e University (AeU), a dual-mode multinational university established under the Asia Corporation Dialogue.....
CDB spreads its wings to Eheliyagoda, Kandana, Marawila and Ragama
Citizens Development Business Finance PLC. (CDB) recently spread its wings to Eheliyagoda, Kandana, Marawila and Ragama thus taking its product offering to a greater public and parallely consolidating its island wide presence......
Main business news
Sri Lanka’s first online Ebook Store officially open...
Etisalat CEO - Dumindra Ratnayaka, Professor Sarath Wijesuriya, Secretary to the President - Lalith Weeratunga, CEO of Microimage - Harsha Purasinghe, Deputy Managing Director of M.D. Gunasena - Rajiv Gunasena at the launch of Sri Lanka’s first ebook store, BookHUB, opened to readers marking a momentous mile stone in Sri Lanka’s publishing history. Spearheaded by Etisalat, Microimage and M.D. Gunasena, Book Hub has been released, a month after its announcement. (Pic by Manjula Charantha)
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AVIVA NDB at Best Corporate Citizen Award 2011
AVIVA NDB was among the top ten winners at Best Corporate Citizen Award 2011 at the recent gala awards presentation organized by the Ceylon Chamber of Commerce for the eighth consecutive year. AVIVA NDB was the only insurer to secure a place among the line up of Sri Lanka’s ten best corporate entities. The team from AVIVA NDB seen here at the awards.
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