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Business News
Task force to make SL a financial hub PDF Print E-mail
Thursday, 09 September 2010 04:30
The lack of leadership from the industry as a whole has resulted in Sri Lanka's failure to become a financial hub despite this being on the drawing board for over...
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Public Bank wins Best Asian Bank 2010 PDF Print E-mail
Thursday, 09 September 2010 04:30
At the recently Country Awards for Achievement dinner, we announced Malaysia's Public Bank as the winner of our Best Asian Bank award. Like the other country awards, the achievement refers...
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Past economic policies led to neglect of agriculture - CB Chief PDF Print E-mail
Thursday, 09 September 2010 04:30
Central Bank Governor Nivard Cabraal yesterday blamed bad economic policies adopted by successive governments in the past by substituting wheat flour for rice flour, as contributing to the neglect of...
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PLC strikes mega deal with Ashok Leyland to import 1,000 buses PDF Print E-mail
Thursday, 09 September 2010 04:30
People's Leasing Company Ltd. (PLC) entered into an agreement recently in India with Ashok Leyland Ltd. to import passenger transport buses to the value of US$ 26 million. The contract...
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Sampath provides money for gold PDF Print E-mail
Thursday, 09 September 2010 04:30
With economic activity picking up in Sri Lanka, Sampath Bank has introduced a new product to encourage investment and rapid growth by giving loans for gold at 14% interest.
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Govt. reaffirms SriLankan Airlines' role in country's future PDF Print E-mail
Wednesday, 08 September 2010 04:30
The Government of Sri Lanka reaffirmed the important role that SriLankan Airlines will play in the nation's future, as the National Carrier celebrated its 31st anniversary.
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Commercial Bank to open more than 50 branches on Ramazan holiday PDF Print E-mail
Wednesday, 08 September 2010 04:30
The Commercial Bank of Ceylon will keep open more than 50 branches on Friday 10 September, a statuary public and bank holiday on account of Eid Ul Fitr (Ramazan).
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Pharma Chamber elects Ananda Samarasinghe for second term PDF Print E-mail
Wednesday, 08 September 2010 04:30
The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) re-elected Ananda Samarasinghe as its President for a second term at the Chamber's AGM held at the Taj Samudra Ballroom last week.
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Growing global demand for International Banking Services PDF Print E-mail
Wednesday, 08 September 2010 04:30
HSBC Advance announced the launch of 'Global View' a global account management service that gives customers the access and control to their accounts across the world online, using a one...
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Nestlé creates shared value across rural communities PDF Print E-mail
Wednesday, 08 September 2010 04:30
Dr. Sarath Amunugama, Deputy Minister of Finance and Planning and Senior Advisor to the President, visited the Nestlé Lanka factory in Pannala recently. The Minister observed first-hand Nestlé's contribution in...
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American Express card bill payments accepted at Singer PDF Print E-mail
Tuesday, 07 September 2010 04:30
Bringing more convenience to American Express card members, Nations Trust Bank recently tied up with Singer Sri Lanka to accept American Express Credit Card Bill payments at all Singer showrooms...
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Alpha expands its wings to Embilipitiya town PDF Print E-mail
Thursday, 09 September 2010 04:30
Alpha Industries [Pvt] Ltd, the undisputed market leaders in the manufacture and supply of security safes, light metal and wood based office furniture, have established its latest Sales Centre in...
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Sri Lanka Design Festival has returned to take global fashion with local style PDF Print E-mail
Thursday, 09 September 2010 04:30
It's time to get the sewing box out- reach out for that measurement tape, fetch out the scissors, get all the colourful threads and pieces of cloth out, dust the...
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WSO2Con 2010 unveils in Colombo PDF Print E-mail
Thursday, 09 September 2010 04:30
In celebration of its fifth anniversary, WSO2 the open source technology company, hosts the first WSO2 Conference - WSO2Con 2010 - at HNB Towers, Colombo, Sri Lanka on the 14th...
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National Chamber wants draft CEPA made available to stakeholders PDF Print E-mail
Thursday, 09 September 2010 04:30
Following a presentation made at the National Chamber of Commerce of Sri Lanka by Gomi Senadheera, Director-General of Commerce on the proposed Comprehensive Economic Partnership Agreement (CEPA) between Sri Lanka...
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HNB opens 192nd customer centre in Giriulla PDF Print E-mail
Wednesday, 08 September 2010 04:30
Hatton National Bank opened its 192nd customer centre at No. 125, Negombo Road, Giriulla on 30 August 2010. The customer centre was opened by Chandula Abeywickrema, Deputy General Manager -...
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Rohit Khosla new Area Director takes over at Taj Hotels Lanka PDF Print E-mail
Wednesday, 08 September 2010 04:30
Rohit Khosla takes over as Director of Operations - Taj Asia Ltd Taj Safaris, Area Director - Sri Lanka and General Manager, Taj Samudra..
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Asia stocks near 1-mth high; euro dips PDF Print E-mail
Wednesday, 08 September 2010 04:30
SINGAPORE, (Reuters) - Asian stocks hovered near one-month highs on Tuesday as investors awaited Chinese data, while the euro took a hit after a newspaper report rekindled fears about the...
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Central Bank, ICASL and ACCA collaborate on IFRS for the Financial Services sector PDF Print E-mail
Wednesday, 08 September 2010 04:30
The Central Bank of Sri Lanka, the Institute of Chartered Accountants of Sri Lanka (ICASL) and the Association of Chartered Certified Accountants, UK (ACCA) are combining their respective strengths to...
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'Feel Sri Lanka' every Friday PDF Print E-mail
Wednesday, 08 September 2010 04:30
'Feel Sri Lanka' will be staged every Friday at Hotel School Auditorium, 78, Galle Road, Colombo 3 (Opposite Cinnamon Grand) from 5.30 p.m. onwards.
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Top BPO specialist joins PCH PDF Print E-mail
Tuesday, 07 September 2010 04:30
PC House Limited (PCH) announced the appointment of Deepthi Wickramasuriya as Chief Operating Officer of Procifinity Ltd., a fully-owned subsidiary of PCH, with effect from 1 September 2010.
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