COMBANK launches Max Loyalty Rewards, only scheme in the country to reward...
The Commercial Bank of Ceylon has unveiled COMBANK Max Loyalty Rewards, offering loyalty benefits for both debit and credit card holders for the first time in Sri Lanka, enabling cardholders of the...
View ArticleDFCC keeps growing
The synergies of the amalgamation with Vardhana Bank are starting to materialise. For the nine months ended 30 September 2016, DFCC’s profit after tax recorded a 43% growth to LKR 2,527 million from...
View ArticleWilhelm E. Brown elected President of Travel Agents’ Association of Sri Lanka
Wilhelm E. Brown, General Manager of Alpha Travels & Holidays Private Limited, a member of the “Finco Group” was elected as the President of the Travel Agents Association of Sri Lanka (TAASL). He...
View ArticleSri Lanka’s Sierra Cables rolls to Fiji
Sierra Cables PLC, a public listed company in Sri Lanka has reached an agreement to establish a production facility in Fiji. Sierra Cables has entered into a joint venture with Vinod Patel &...
View ArticleUK visa application centre in Colombo moves to a new location
From 7 November 2016 the UK Visa Application Centre (VAC) in Colombo will move to a new location. The VAC will be located at: 75, Arnold Ratnayake Mawatha, Colombo 10. 01000 Sri Lanka The VAC will be...
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Eminent Chartered Accountants Tissa Bandaranayake and Ajit Jayaratne inducted...
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently paid tribute to two eminent Chartered Accountants by inducting them to the CA Sri Lanka Hall of Fame in recognition of their...
View ArticleOZO Hotels partner with NetWwater to facilitate Rain Water Harvesting...
OZO Hotels in Sri Lanka has signed an MoU with NetWwater (Network of Women Water Professionals) to collaborate on the “OZO for H2O” CSR programme, aimed at developing a rain water harvesting system...
View ArticleSriLankan Airlines delights a loyal passenger with a Gold Card
SriLankan Airlines gave one of its loyal customers, Peter Phillips of Shropshire, United Kingdom, a delightful surprise by rewarding him for his loyalty to SriLankan Airlines. Accordingly, SriLankan’s...
View ArticleFarlin Launches Diaper Range in Sri Lanka
As ever more Sri Lankan mothers choose to use diapers to keep their babies clean, dry and comfortable, Farlin, one of the world’s most trusted brands of baby care products, announced the launch of its...
View ArticleSri Lankan Rupee will stabilize with selling of harbour says CB Governor
Activities on vesting a section of the Hambantota harbour to China would be undertaken within the next four to five months and the Sri Lankan Rupee would stabilize through the USD 01 billion earned...
View ArticleSri Lanka Central Bank unable to take decision on Perpetual Treasuries...
The report of the internal investigation carried out by the Central Bank of Sri Lanka (CBSL) into the controversial bond issue has been handed over to the Monitory Board during its meeting held on 31...
View ArticleUSD 15 million utility agreement between Sri Lanka and Australia
Ministry of Skills Development and Vocational Training has proposed a program to provide the youth from the districts of Ampara, Batticaloa, Trincomalee and Polonnaruwa with the necessary qualitative...
View ArticleJaguar XE named ‘Safest large family car’ by Euro NCAP
The Jaguar XE has scored another victory over its rivals to be rated the safest large family car on sale by crash safety testing body, Euro NCAP. It’s the latest in a long line of successes for the XE...
View ArticleHaycarb records turnover of Rs. 5.9 billion and profit before tax of Rs. 458...
The Sri Lankan multinational Haycarb PLC reported a revenue of Rs. 5.9 billion and profit before tax of Rs. 458 million for the six months ending 30th September 2016. The profit after tax stood at Rs....
View ArticleBOI Approved Tyre Plant in Horana
South East Asia’s Largest, Fully Integrated, Ultra-modern Tire Plant industrial zone rolling out a blue print for the nation’s future, with a 75 million US $ investment, is tipped to be the biggest...
View ArticleMobitel makes the connected car a reality with the introduction of ‘Car Doctor’
The National Mobile Service Provider, Mobitel recently introduced “Car Doctor” for all vehicle owners which is a smart vehicle tracking device that monitors a vehicles performance and progress while in...
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Team ‘While Loop’ wins inaugural ‘Janashakthi Full Option Appathon Challenge’
The inaugural Janashakthi Full Option Appathon – the Next Gen Smart Tech Challenge came to a close with Team ‘While Loop’ emerging winners at the Grand Finale, taking home the grand prize of Rs. One...
View ArticleEquity One PLC bids adieu to stock market
The Colombo Stock Exchange stated that Equity One PLC, a public listed property development company has been delisted with effect from 02 November 2016. Hence, trading of Equity One PLC shares has...
View ArticleNDB Wealth advises financial independence to light up your Deepavali
Deepavali, or the Hindu festival of lights, as it is also commonly known, is a time when you fix up and decorate your home, buy new clothes for yourself and your family and take part in festivities...
View ArticleADB Provides additional USD 60 million to provide drinking water facilities...
The Government entered into a loan agreement with the Asian Development Bank to obtain a loan of USD 60 million from the Asian Development Fund to implement the PuraNeguma – Local Government...
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