Ceylon Chamber and Citi led ‘Rural Economic Empowerment Programme’ facilitate...
The ‘Rural Economic Empowerment Programme’, a joint effort between Citi Bank, the Ceylon Chamber of Commerce and NDB Bank, aimed at nurturing prospective rural entrepreneurs, recently conducted a...
View ArticleNawaloka Air Services awarded franchise
SriLankan Aviation College takes aviation training island wide SriLankan Aviation College has appointed Nawaloka Air Services as its franchise partner. The new partnership intends to expand Aviation...
View ArticleMichel Nugawela Designs develops new corporate identity and positioning for...
Rebrand of conglomerate to drive aggressive growth and expansion in Sri Lanka and region JAT Holdings was established in 1993 to provide paints, coatings and related products to industrial and retail...
View ArticleCeylon Chamber and Fair Deal to help Sri Lankan Importers source goods at...
The Ceylon Chamber of commerce in collaboration with Fair Deal AS, a globally spread import sourcing arm is planning to launch a program to help Sri Lankan importers buy goods at ‘factory prices’....
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NDB Wealth Joins Hands with Sri Lanka Golf Union To Sponsors 2016 Junior Golf...
The Sri Lanka Golf Union (SLGU) has developed a long term strategy and is now more focused on promoting junior golf in the country. One initiative is to allocate National Ranking for the Junior Golfers...
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Hayleys PLC Completes Strong Year of Growth; Posts Rs. 6.8 Billion in PBT
Hayleys PLC posted Profit before Tax (PBT) of Rs. 6.8 billion for the financial year 2015/16, a 7% increase over the previous year. Earnings per Share (EPS) increased to Rs. 40.05 from Rs. 34.42 per...
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Korea to join Sri Lanka’s $63b smart city project
The Korean government is set to participate in Sri Lanka’s $63.2 billion smart city development project, Seoul’s Ministry of Land announced Tuesday. The project is part of Sri Lanka’s plan to develop...
View ArticleSri Lankan shares close at 3-wk low on flood woes
Reuters – May 24 Sri Lankan shares fell for the third straight session on Tuesday to a 3-week closing low, led down by large caps and stocks likely to be hit by the country’s worst natural disaster...
View ArticleOverwhelming response for Venture Engine 2016 submissions
Sri Lanka’s pioneering entrepreneur empowerment platform Venture Engine has ended its “Call for Entries”, with the program having received an overwhelming response from an ever expanding pool of...
View ArticleJohn Keells increases share volume
At a meeting of its board of directors on 24 May, John Keells Holdings PLC has decided to increase its share volume. Accordingly, every seven shares would be transformed into eight shares. All shares...
View ArticlePost a Groupfie with Three Friends and Win a Trip to the Beautiful Island of...
Veet, Sri Lanka’s leading hair removal cream, is giving young and adventurous women a chance to win an all-expenses paid vacation to the exotic island of Bali. To enter, four young women between the...
View Article10 Best Second Passports and Citizenship by Investment Programs For 2016
Here are the 10 best second passports for 2016. The citizenship by investment industry has undergone a lot of changes in the last year, including a major change to the St. Kitts passport offering. It’s...
View ArticleCICT supports national disaster recovery effort
Colombo International Container Terminals (CICT) has presented the first batch of a consignment of essential items required by flood victims in Sri Lanka, in support of national efforts to help...
View ArticleVehicle Imports up by 60% and Registrations up by 56% in 2015: Ceylon Chamber...
Expenditure on imports of motor vehicles into Sri Lanka recorded a 60% growth in 2015 compared to 2014 according to the latest edition of the ‘ Statistical Analysis and Industrial Overview of Sri...
View ArticleAmana Takaful Life outperforms industry with impressive 35% GWP growth in 2015
~ Concludes first complete financial year post-segregation successfully by implementing series of concerted measures to further enhance growth trajectory Amana Takaful Life Limited (ATLL) has concluded...
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amanté opens its first exclusive boutique in Pakistan
amanté opened its first flagship store in Pakistan on 7 May at the Dolman Mall, Clifton, Karachi. This is the first international franchise, outside of India for the brand. The glitzy launch was...
View ArticleAsian Alliance Insurance posts strong growth in first quarter of 2016
~ Life premiums rise 48%, whilst Motor business grows 80% Asian Alliance Insurance posted impressive growth for the first quarter of 2016 with Life insurance premiums topping the Billion Rupee mark...
View ArticleSri Lankan shares snap losses to end higher, but foreign investors sell
Reuters – May 25 Sri Lankan shares snapped three straight sessions of losses on Wednesday to edge up from a 3-week closing low despite foreign investor outflows, as investors picked up telecom and...
View ArticleSri Lanka seeking to borrow $3.5 bln through foreign debt
Sri Lanka is in the process of borrowing up to $3.5 billion from foreign sources via syndicated loans, sovereign bonds, and sukuk, the country’s finance minister said on Wednesday. The borrowing plan...
View ArticleRevolutionary ONE ACCOUNT powered by NDB Wealth
Expert financial planner NDB Wealth has taken a leadership role in promoting NDB Bank’s revolutionary ONE ACCOUNT initiative. NDB ONE ACCOUNT is initially offered solely at NDB Bank’s Nawam Mawatha...
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