Last Updated : 21-04-2014 10:04

 
 

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Amãna Bank enters Ratnapura

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Amãna Bank opened its doors in the gem capital of Sri Lanka, taking its unique model of banking services to the residents of Ratnapura. The 24th branch of the bank is situated at 131-133, Main Street, Ratnapura and is the 10th branch opened by the bank during this year.
Views: 1767

Korean builders bag JKH’s integrated resort contract

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John Keells Holdings (JKH) is reported to have selected a consortium led by South Korea’s Hyundai Engineering and Construction, for a contract worth US $ 522 million to build its integrated resort in Colombo, South Korean media reports said.
Views: 1956

ILFC-SriLankan sign lease agreement for 3 aircraft

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International Lease Finance Corporation (ILFC) signed a 12-year lease agreement with SriLankan Airlines for three A350-900 aircraft yesterday.
Views: 1397

Amana planning CSE listing this year

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Amana Bank is planning to list shares on the Colombo Stock Exchange (CSE) before the end of this year.
Views: 2092

Higher growth and governance go hand in hand: ADB

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Governance reforms cannot be delayed if Asian nations are to promote higher growth, investment and poverty reduction, according to an update to the Asian Development Bank’s (ADB) flagship Asian Development Outlook report released yesterday.
Views: 1507

Ceylon Theatres spends Rs. 85mn to take cinemas to the North

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Ceylon Theatres (Pvt) Ltd (Ceylon Theatres), the oldest theatre operator in the country and a subsidiary of C T Holdings PLC is now planning to expand its footprint taking their new generation film theatres to Jaffna.
Views: 2555

Hemas appoints two new independent directors

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Hemas Holdings PLC yesterday announced the appointment of two top professionals, Dr. Anura Ekanayake and Dinesh Weerakkody, as independent directors to its board.
Views: 1748

Central Finance Children’s' Savings account holders rewarded!

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Central Finance Company PLC (CF) has introduced to its “CF Lamaa” children savings accounts yet another value addition.
Views: 1478

Singaporean firm to set up state-of-the-art dialysis hospital

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The Board of Investment of Sri Lanka (BoI) signed an agreement with Singapore Dialysis Medical Group (Private) Limited to develop and operate a specialized hospital for kidney dialysis.
Views: 2354

China launches free trade zone in Shanghai

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AFP: China launched a free trade zone in its commercial hub Shanghai yesterday, state-media reported, with the project seen as a testing ground for much-needed reforms in the world’s second largest economy.
Views: 1436

Amana Bank Launches Senior Citizen’s Savings Account

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As a mark of respect towards the senior citizens of the country, Amana Bank introduced its very own Senior Citizen’s Savings Account on 1 October 2013 coinciding with World Elder’s day.
Views: 1594

Ten prominent Sri Lankan businesses at Pakistan Expo 2013

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Pakistan High Commissioner in Sri Lanka Major General Qasim Qureshi hosted the Sri Lankan businessmen participating in Pakistan Expo 2013 along with the officials of the Export Development Board yesterday, at the Pakistan High Commission, prior to their departure for Karachi.
Views: 2323

Aitken Spence negotiating deal with Spanish hotel chain for Ahungalla property

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Aitken Spence is currently in negotiations with family-owned Spanish hotel chain, RIU Hotels and Resorts in connection with the construction of a new resort hotel in Ahungalla.
Views: 2149

IFC partners Brandix to launch South Asia’s first supplier trade finance facility

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IFC, a member of the World Bank Group, launched a trade supplier finance facility with leading apparel exporting company Brandix. The first such facility in South Asia, the IFC Global Trade Supplier Finance programme will help Brandix boost international trade opportunities.
Views: 2344

LIC eyes life insurance market leadership

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LIC (Lanka) Limited, a unit of Life Insurance Corporation (LIC) India, the world’s biggest life insurer sending a strong signal to the market said yesterday that they are to aggressively scale up operations to become the market leader in the life insurance business.
Views: 2234

MP Duminda Silva appointed to Touchwood board

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Marking another first in the history of the Colombo Stock Exchange, an active Member of Parliament (MP) has been appointed to the board of directors of a listed entity.
Views: 3124

Nawaloka Rs 1.5bn debenture issue oversubscribed

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Nawaloka Hospitals PLC’s Rs. 1.5 billion rated, unsecured, redeemable debenture issue was oversubscribed yesterday.
Views: 1393

Abans Rs 2bn debenture issue rated at 'A-(EXP)'

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Fitch Ratings has assigned Abans Limited's proposed issue of senior unsecured redeemable debentures of up to Rs.2 billion, an expected National Long-Term rating of ‘A-(lka)(EXP)'.
Views: 1341

‘Scholarship from AIA inspired me to achieve success’- Dr. Heshani Dissanayake

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Every year, AIA Insurance presents higher education scholarships to the students who top the batch in each of the 25 districts in Sri Lanka in the year 5 government scholarship examination.  AIA presents scholarships to year 5 batch toppers purely on merit.
Views: 1220

Fitch rates Abans's Rs.2bn debentures 'A-(lka)(EXP)'

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Fitch Ratings has assigned Abans Limited's proposed issue of senior unsecured redeemable debentures of up to Rs.2 billion an expected National Long-Term rating of 'A-(lka)(EXP)'.
Views: 1520

Japanese healthcare info firm buys into E-Channelling

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A Tokyo-based healthcare information infrastructure company has bought Sri Lanka’s E-Channelling PLC, a pioneering internet-based doctor channeling business.
Views: 3254

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Yanni ready to rock Colombo
Recalling the ordeal
The ride that ended in tears
Bad weather destroys houses in Mahakachchikodi