Last Updated : 30-08-2014 18:50

 
 

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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: 2014

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: 2761

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: 2671

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: 2907

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: 2764

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: 4834

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: 1858

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: 1827

‘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: 1618

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: 2013

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: 3785

Amana introduces Ladies Savings Account

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With the aim of providing an opportunity for women to manage their finances effectively and efficiently, Amana Bank has introduced ‘Amana Bank Ladies Savings Account’ targeting the female population of the country.
Views: 2254

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: 3552

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: 4780

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: 1836

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: 2001

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: 3075

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: 2522

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: 2367

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: 2404

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: 2271

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