Last Updated :23-05-2012 10:37 |
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OtherBBDO Lanka launches Asia’s first mechanical air cleaning billboard   With a reputation for consistently delivering innovative and creative ideas that work, BBDO Lanka, a part of BBDO Worldwide, presented an idea that has the potential to revolutionize the scope of environmental conservation. The launch of Asia’s first mechanical air cleaning hoarding – a hoarding that actually filters certain harmful content from the surrounding air, purifies it and releases the purified air back to the environment.Read more...Add new comment .gif){kind=small} Views: 502Legal alcohol now beyond reach for the poor - Shah Exorbitant taxes on alcoholic beverages, particularly beer, in combination with other restrictions on sales and marketing may inadvertently fuel the demand for illicit liquor, according a Chief Executive Officer, Lion Brewery (Ceylon) PLC. Views: 720Tea tussle Sri Lanka’s tea exporters yesterday said that they are committed to preserve the brand ‘Pure Ceylon Tea’, but stressed the country’s export share in the world tea market should be expanded to avoid deterioration of Sri Lanka’s position as a major tea exporting nations. Views: 573Brewing tea crisis A former tea industry personality plans to file legal action once again, this time on the grounds of ‘Contempt of Court’, in relation to the recent talks by authorities for setting up a tea hub or blending centre in the island. Views: 595‘Investor Association’ to voice CSE’S minority concerns Sri Lanka’s Securities and Exchange Commission (SEC) is to establish an ‘Investor Association’ to safeguard minority shareholder interests as well as function as a whistleblower against unlawful activities taking place in the Colombo Stock Exchange (CSE), a top SEC official said. Views: 655SEC stuck with reversing NSB-TFC deal; T+1 non-compliance remains puzzle Securities and Exchange Commission (SEC) is said to be currently evaluating the legal options available to reverse the Rs.390 million controversial The FinanceNational Savings Bank deal, Mirror Business learns. Views: 1038Forex losses push Dialog Axiata into red Dialog Axiata PLC recorded a net loss of Rs.531 million in the first quarter ending March 31, 2012 against a net profit of Rs.1 billion in the corresponding quarter of the previous year. Views: 854Galadari announces serious capital loss
Views: 633People’s Merchant launches operations as licensed finance company
Views: 414Govt. inhales Rs.15bn from fags; CTC records Rs.1.5bn net in 1Q 12 Ceylon Tobacco Company PLC (CTC) contributed Rs.15.3 billion towards government levies during the first quarter of 2012, over Rs 14 billion during the same period last year. Views: 389Finlay Rentokil Obtains ISO Certification Finlay Rentokil Ceylon (Pvt) Ltd, a subsidiary of Finlays Colombo PLC, was recently awarded the prestigious ISO 9001: 2008 certification for excellence in Quality Management Systems certifying timber preservation by a vacuum pressure impregnation process and using wood preservatives – a process that is unique in the market. This award was made by the Sri Lanka Standards Institution. Views: 971Bharti Airtel Q4 net falls 28% Bharti Airtel, India's biggest mobile phone carrier by subscribers, reported its ninth straight quarterly profit decline as intense price competition and losses on foreign exchange eroded earnings Views: 608NSB pays premium to buy 13% of The Finance Country’s savings giant, National Savings Bank (NSB) bought 13 percent of The Finance Company PLC (TFC) last Friday for a sum of Rs.393 million, becoming another state owned institution that has paid an unusually high price on controversial stocks Views: 905Ministry of Foreign Affairs Press Statement Appointment of Singapore’s Honorary Consul - General in Colombo, Sri Lanka The Government of the Republic of Singapore has appointed Mr. Jayantha Dharmadasa as Singapore’s Honorary Consul-General in Colombo with jurisdiction over Sri Lanka. Views: 1236GSK opens Rs.217 millon pharma factory Glaxosmithkline (GSK) yesterday opened its new pharmaceutical tablets manufacturing facility at a ceremony, which was officiated by Economic Development Minister Basil Rajapakse and Health Minister Maithripala Sirisena. Views: 858Emirates announces special fares for HSBC Signature cardholders HSBC Signature cardholders, an exclusive circle of customers, have been offered a 10 per cent discount on Emirates First and Business Class travel from Colombo to ten popular destinations. Views: 1323Leo Burnett excels at Goa Fest Leo Burnett Solutions Inc. the Sri Lankan office of the globally recognized network dominated the Goa Fest advertising award festival by winning four coveted metals in a cross section of categories, for its clients Cargills Ceylon, Akzo Nobel – Dulux and the Sri Lanka Eye Donation Society (SLEDS) last weekend in Goa. Views: 730Hutch Launches 3G with A Planned 1000 BTS
Views: 1136Lankans to eat more chicken in next five years The per capita consumption of chicken by Sri Lankans is to increase to 8 kilo grams within the next five years, in line with the increase of purchasing power of the citizens, Ceylon Grain Elevators (GRAN), the largest company producing chicken in the country said. Views: 782Family members join Brandix to honour employees.jpg) The importance of family in an individual’s career was a poignant theme when Sri Lanka’s apparel exporter Brandix felicitated 39 Associates and six Supervisors at the Group’s annual Employee of the Year (EOY) Awards ceremony held recently at the Sugathadasa Indoor Stadium. Views: 798Tata Sons director appointed to Hemas board Tata Sons Ltd. Director R. Gopalakrishnan has been appointed as a Non-executive Director of the board of Hemas Holdings PLC. Views: 807Page 1 of 11 |
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Galadhari Hotels (Lanka) PLC yesterday said that the company is currently facing a serious capital loss.“We wish to notify you hereby that the company's unaudited financial statements for the quarter ended 31 March, 2012 discloses that it is currently facing a position of serious loss of capital,” a disclosure filed by the company said.
People’s Merchant PLC recently marked the transformation of the company’s strengths gained over a period of three decades into a licensed finance company, under the Finance Business Act No.42 of 2011, with a launch ceremony held at its head office at Navam Mawatha.
Hutch Telecom Lanka announces the launching today of its 3G services. Initially covering the Western province, Hutch plans island wide 3G coverage with a total of 1000 BTS by July this year. The addition of the 3G towers together with Hutch’s existing 2G towers means that Hutch’s coverage will be as good as the best of the other operators. Hutch’s rollout of 3G services follows its entry into the post-paid market a few months ago.
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