Keppel Land divests stakes in two property companies, in Sri Lanka and Vietnam
Keppel Land has in recent weeks divested its stakes in two property companies in Sri Lanka and Vietnam, it said on Friday (Feb 26). The company said the move was in line with its continual focus on...
View ArticleCB to achieve 7% economic growth for Sri Lanka this year
The Governor of Central Bank Arjuna Mahendran has said that Sri Lanka’s economic growth is running above 5 percent and needs to achieve a seven percent economic growth by the end of this year with...
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SINGER achieves “named account status” with Microsoft
SINGER X Series Notebooks to be available with all new genuine Windows 10 OS SINGER Sri Lanka, achieved the named account status with Microsoft at a special occasion earlier this week. The event was...
View ArticleKia Motors (Lanka) supports training at Technical Colleges
Kia Motors (Lanka) Ltd. has offered on-the-job training at its repair and service facilities to Sri Lankan students who achieved the highest marks on completion of the National Vocational Qualification...
View ArticleArpico celebrates Rigifoam 50th Anniversary
RPC Polymers Pvt Ltd, manufacturers of polystyrene products under the Rigifoam brand recently celebrated 50 successful years of operations. A sub-brand within the Arpico family, the local market leader...
View ArticleVirtusa recognized as a major contender in Everest Group’s PEAK Matrix for...
~ Company’s differentiated approach enables its clients to deliver compelling digital experiences WESTBOROUGH, Mass., – Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT...
View ArticleUnilever Sri Lanka to showcase local talent at Future Leaders’ League in London
~ Three undergraduates selected to represent Sri Lanka on the global stage Aqeela Najeeb of the University of Colombo, Nevanka Jayatilleke of the Royal Institute of Colombo, and Merl Chandana of the...
View ArticleFull-year 2015: Nestlé Lanka delivers 9% growth, LKR 36 billion sales
Sales of LKR 35.9 billion, fuelled by power brands Nestomalt, Milo and Maggi Profit after tax of LKR 4.1 billion, supported by portfolio optimisation and driving efficiencies Strengthens position as a...
View ArticleLovers write many stories at Waters Edge “Book of Love” Valentine’s Weekend
One of Colombo’s most romantic settings Waters Edge celebrated Valentine’s Day with truly memorable events over a weekend filled with prizes and surprises for the whole family. The hotel pulled out all...
View ArticleJanashakthi posts yet another year of remarkable growth
~ Strengthens position in General Insurance business with acquisition of AIA General Insurance Lanka Limited Janashakthi Insurance PLC (Janashakthi) reported a consolidated Gross Written Premium (GWP)...
View ArticleNetworking Event of the Sri Lanka – Singapore Business Council and Singapore...
A joint Networking Evening was organised by the Sri Lanka – Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce and the Singapore (Sri Lanka) Club. The event was organized with the...
View ArticleMoody’s assigns first-time B1 Issuer ratings to Sampath Bank; outlook stable
Moody’s Investors Service, (“Moody’s”) has assigned an issuer and long term local currency deposit rating of B1 to Sampath Bank PLC and short-term ratings of non prime. Moody’s has also assigned the...
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Sri Lanka takes first steps into a truly inclusive cashless payment...
A revolutionary new model in cashless mobile payments is set to create an SME led transformation in the Sri Lankan economy with the launch of PAYable, a free Bluetooth card reader and Mobile phone App....
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CEAT launches road trip across Sri Lanka to capture support for country’s...
Innovative ‘Jaya ve Sri Lanka’ campaign uses sophisticated digital technology to enable people to convey their wishes As cricket fever tightens its grip on the subcontinent, Sri Lanka’s wielders of the...
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Asian Alliance unveils USD 1 Million Health Cover
~ Available with premier healthcare partners; Asiri Hospitals, Parkway Hospitals Singapore and Apollo Hospitals India Asian Alliance Insurance PLC is proud to launch an all-time first by a Sri Lankan...
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‘be beautiful boutique’ brings Stylish Chic for Ladies and Organic Comfort...
‘be beautiful boutique’ by Bhanuki is Colombo’s latest fashion store to open its doors to a whole new world of trends and styles that are taking the global fashion ramps by storm. Owned and managed by...
View ArticleSoftlogic Finance records exceptional growth in third quarter of 2015/16
~ Achieves remarkable 70.1% PBT growth in 3QFY15/16 Softlogic Finance PLC has reported remarkable growth and improvements in many key indicators including Profit Before Tax (PBT) and Net Profit, in...
View ArticleCelia from Sunshine Healthcare offers pregnancy and infant health/nutrition...
~ Recently launched Facebook page of the brand to be regularly updated with health advice; website to be launched shortly Seeking to make a positive impact on the lives of young children and their...
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Fabrication partnership in Sri Lanka
Schüco India is proud to announce a new partnership in Sri Lanka with Asoka Glass & Mirror, Colombo Sri Lanka. In a recent geographic expansion for Schueco India operations in another country,...
View ArticleDowngrading nothing extraordinary, says CSE chairman
The international rating agency, Fitch Ratings downgrading Sri Lanka’s credit rating yesterday (29 February) from its earlier BB- to B+ is normal, said Colombo Stock Exchange Chairman Vajira...
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