Last Updated : 20-04-2014 00:01

 
 

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CIFL depositors reject restructuring

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None of the depositors of the beleaguered finance company, Central Investment and Finance Company PLC (CIFL), who met at New Town Hall yesterday, endorsed the Central Bank (CB)-approved restructuring plan, according to the Depositors’ Association.
Views: 2746

Lankan corporates still suffering from HPPO syndrome: Google rep

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Sri Lankan companies are still highly reliant on Highest Paid Person’s Opinions (HPPOs) and are less driven by data for their decision making, according to a top Google official
Views: 4246

Amana Bank Refurbishes Radiology Unit at Cancer Hospital

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Amana Bank recently extended its support to refurbish the Radiology Unit of the National Cancer Institute in Maharagama. The refurbishment project was undertaken with the aim of providing an efficient and speedy service to patients.
Views: 1458

Thirty-member Sri Lankan delegation for Spikes Asia

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The Spikes Asia festival will be held in Singapore from September 15-17, featuring an extensive programme filled with seminars, workshops, academies, networking, awards and entertainment. This event is promoted by Metal Factor and the Association of Accredited Advertising Agencies (4A’S).
Views: 1583

Court prevents ex-eSys executive joining competitor

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The Colombo Civil Appellate Court issued an order preventing an exemployee of one of Sri Lanka’s leading computer hardware distributors eSys Technologies Lanka (Pvt.) Ltd from serving or joining a competitor.
Views: 2292

Amana Bank introduces Easy Payment Plan

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Amana Bank recently introduced its very own Easy Payment Plan to facilitate salaried customers to purchase furniture, household and personal appliances in a convenient ‘pay as you use’ mechanism.
Views: 2127

CBL to set up manufacturing plants in B’desh, Myanmar

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Ceylon Biscuit Limited (CBL), the country’s largest manufacturer and exporter of biscuits and confectionary products is in the process of expanding its manufacturing operations to Bangladesh and Myanmar.
Views: 1837

Apple tailors two new iPhones for world market

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Apple on Tuesday unveiled two new iPhones, fielding a slick new top-end model along with one aimed at budget-conscious smartphone shoppers around the world
Views: 1928

AIA Sri Lanka annual report wins another award!

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Closely following the success of winning six awards from the League of American Communications Professionals (LACP), AIA Sri Lanka’s 2012 Annual Report has won yet another accolade – a Gold Award under the category ‘Traditional Annual Reports - Insurance Life & Health’
Views: 1744

Power Grid seeks ‘viable return’ for India - Lanka undersea link

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PTI: Power Grid Corporation is seeking a “viable return” for a proposed undersea transmission cable linking India and Sri Lanka, which has been delayed.
Views: 1499

Maruti to decide on starting assembly unit in Sri Lanka

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BUSINESS STANDARD: The country’s largest car maker Maruti Suzuki India (MSIL) will take a final decision on setting up an assembly unit in Sri Lanka by the end of the current financial year. The facility, if commissioned, would be the first facility for the small car giant outside its home base in India
Views: 2596

CMA to conduct workshop on “GRI New Standards”

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The Institute of Certified Management Accountants of Sri Lanka (CMA) has organized a workshop on “GRI New Standards” in association with South Asian Federation of Accountants (SAFA) and Global Reporting Initiative Focal Point India. The workshop will be held on Friday (September 6) form 9.00a.m. – 5.00p.m. at Golden Pond, Hotel Taj Samudra.
Views: 1862

Burger King in Sri Lanka

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Softlogic Holdings PLC announced a franchise agreement with Singapore-based BK AsiaPac Pte Ltd to develop, open and operate Burger King Restaurants in Sri Lanka.
Views: 9375

Amana Bank now in Kinniya

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Amana Bank expanded its services to the Trincomalee district with the opening of its 23rd branch at Kinniya recently. With the entry to Kinniya, the Bank expands its presence in the Eastern Province to eight locations.
Views: 1681

Discovery Kids launches in Sri Lanka on SLT PEO TV

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Sri Lanka, August 28, 2013: Discovery Networks Asia-Pacific (South Asia) announced the launch of its eighth channel - DISCOVERY KIDS - in Sri Lanka.
Views: 1802

Harry says Lankan tax policy promoting illegal boozers

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Despite the several social and economic hindrance to the illegal alcohol industry growth, the country’s tax policy in fact encourages it which causes the legal, regulated and responsible sector to shrink, charged a top official of a listed distiller.
Views: 2226

South Asia Economic Summit kicks off today

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Leading socioeconomic experts and influential policy advisors of South Asian countries gather in Colombo today at the start of the 6th South Asia Economic Summit (SAES) kicking off at the Cinnamon Grand hotel.
Views: 2407

Sri Lanka launches mega Billboard campaign in Beijing

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Sri Lanka Tourism’s novel Joint Mega Promotional campaign named “Sri Lanka Shines in Beijing”, started off in the Chinese capital yesterday with the aim of attracting potential Chinese travelers to Sri Lanka.
Views: 3465

Dailymirror Online iphone5 Competition

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Eranga Perera receiving the iPhone 5 from Wijeya Newspapers officials Gehan Blok - Head of Digital Media and Umair Wolid -Marketing Manager - Digital Media

Views: 2146

Quality check laws on Higher Ed. from 2014

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Legislation concerning accreditation and quality standards for higher education institutes operating in Sri Lanka is nearing completion and will be opened to the public by early next year, according to University Grants Commission (UGC) Chairperson Prof. Kshanika Hirimburegama.
Views: 1710

Cargills announces major corporate restructuring

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Cargills (Ceylon) PLC announced a major corporate restructuring of the group, including the transfer of all retail operations to a new subsidiary, Cargills Food Company (Pvt.) Ltd.
Views: 2493

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