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ICRA Lanka reaffirms the Long and Short term ratings of First Capital...
ICRA Lanka Limited, subsidiary of ICRA Limited, a group company of Moody’s Investors Service, has reaffirmed the issuer rating of [SL]A- (pronounced SL A minus) with stable outlook for First Capital...
View ArticleAir Services consultations between Sri Lanka and Norway/Sweden/Denmark
The proposal made by Nimal Siripala de Silva, Minister of Transport and Civil Aviation, to formally sign the air service agreement with Norway/Sweden/Denmark and to take necessary action for its...
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Kids Smart Vita Gummies “Growing healthy kids”
Protects the world of children on Children’s Day 2016 Under the 2016 Children’s Day theme of “Let us join hands to protect the world of children”, Nature’s Way Kids Smart Vita Gummies together with...
View ArticleSri Lankan shares end lower on profit-taking
Reuters – Sri Lankan stocks ended down on Wednesday from their highest level in six weeks, hit in the previous session, led by profit-taking in Commercial Credit and Finance Plc, while the new tobacco...
View ArticleBrandix Gold sponsor of 2016 National Occupational Safety & Health Conference
The Brandix Group has confirmed it will support the annual National Occupational Safety & Health (OSH) Conference of Sri Lanka for the seventh consecutive year as a key sponsor. Organised by the...
View ArticleElephant House to grow in UK market
Sri Lanka’s iconic Elephant House has signed up with a UK-based bottling facility for the production of 1.5 litre PET plastic variants of its much-loved Necto, Cream Soda and Orange Barley beverages....
View ArticleRockland Distilleries Enhances Customer Experience with SAP Hybris Cloud for...
SAP SE (NYSE: SAP), announced that Rockland Distilleries has selected the industry leading CRM platform, SAP Hybris Cloud for Customer solution, to enhance their customer experience. The 92 year old...
View ArticleFinancial Intelligence Unit of Sri Lanka Entered into a Memorandum of...
In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MOU) with...
View ArticleCommercial Bank receives award as ‘Strongest Bank’ in Sri Lanka from Asian...
The Commercial Bank of Ceylon recently received The Asian Banker award for ‘The Strongest Bank in Sri Lanka in 2016’ at an awards ceremony in Geneva, Switzerland on the side-lines of SIBOS, the annual...
View ArticleThe Factory Outlet launches Kids Club Card for the first time in Sri Lanka
We all have our favorite shopping stores. Whether it’s for clothing or accessories, there’s always that one store we turn to without even thinking. The icing on the cake is when these very stores offer...
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Trail 2016: the walk back has begun.
Cancer in Sri Lanka is steadily on the rise. Responsible for nine percent of NCD (Non-Communicable Disease) deaths in the country, Sri Lanka’s cancer trend is similar to that of Western countries....
View ArticleSri Lankan shares end weaker on profit-taking
Reuters – Sri Lankan stocks ended lower for a second session on Thursday, on profit-taking in mainly blue chip consumer shares. The benchmark index of the Colombo Stock Exchange closed 0.19 percent...
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CTC continues to generate sustainable farmer livelihoods in Sri Lanka
Ceylon Tobacco Company PLC (CTC) has a proud history of over 100 years in Sri Lanka during which time it has become an integral part of the country’s agriculture and business sectors. The company’s...
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CA Sri Lanka, University of Colombo signs landmark agreement to promote...
In a joint effort to enhance and promote the accounting profession further in the country, the University of Colombo and the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), signed a...
View ArticleDFCC Bank secures loan from Middle-East to fuel off-shore expansion plans
DFCC Bank has successfully raised funds in the Middle East on the strength of its credentials and sound track record established over a period of 61 years. Witnessing growth across all its sectors,...
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La Trobe Business School, Australia Announces NEW Programs & Scholarships for...
A senior delegation, lead by Professor Paul Mather, Head of La Trobe Business School (LBS) of La Trobe University (LTU), Australiavisited Sri Lankaagain with the aim of creating new and improved...
View ArticleRichard Pieris Natural Foams emerges as ‘Most Outstanding Exporter’
The company bags three Gold awards at the 24th Annual NCE Export Awards 2016 Richard Pieris Natural Foams Limited, one of Sri Lanka’s leading manufacturers of latex foam products, emerged as the ‘Most...
View ArticleSri Lanka to build 100,000 barrels per day refinery with India’s IOC
Sri Lanka will build a second refinery with a capacity of at least 100,000 barrels per day (bpd) in a tie-up with Indian Oil Corp, a top Sri Lankan official said on Thursday, a move that strengthens...
View ArticleSMS, emails legally acceptable as evidence – VIDEO
Senior Attorney-at-Law Sunil Abeyratne joined Ada Derana Biz 24×7 to provide an explanation on the legal aspects of the latest trend in e-Commerce. Despite the ignoring of certain traditional...
View ArticleSri Lankan shares end higher; trading volume slumps to near 3-wk low
Reuters – Sri Lankan stocks edged up on Friday, after two successive sessions of losses, but the trading volume slumped to a near three-week low as investors awaited direction from the budget and...
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