Last Updated : 22-07-2014 15:38

 
 

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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: 2265

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: 2332

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: 2137

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: 1901

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: 3571

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: 2472

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: 9834

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: 2011

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: 2105

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: 2509

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: 3115

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: 3727

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: 2456

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: 1922

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: 2772

LIOC to introduce Euro 3 Diesel to Sri Lanka next year

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Lanka IOC (LIOC) will be introducing Euro 3 Diesel to the Sri Lankan market by 2014 and will also be investing Rs.90 million to modernise the required infrastructure to support this introduction, the company’s latest annual report stated.
Views: 2873

UN food agency urges Asia-pacific to stem food losses

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Around 35 percent of food is lost between harvest and distribution across the Asia-Pacific region, depriving millions of nutrition, the UN’s Food and Agriculture Organisation said yesterday
Views: 1476

Fashion Bug bags Silver on Web Awards

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As Sri Lanka experiences a surge in internet usage with brands thriving to be at their best in this digital phenomenon, the retail fashion chain Fashion Bug has been recognized for its Official Website www.fashionbug.lk with a Silver award in the recent BestWeb.lk 2013.
Views: 2759

Theagarajah assumes duties as NDB CEO

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National Development Bank PLC (NDB) has announced the appointment of Rajendra Theagarajah as the new CEO of NDB Group with effect from August 24, 2013.
Views: 2219

Troubled finance company deep in the red

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The troubled finance company, Central Investment & Finance Company PLC (CIFL) continued to mount its losses and the first quarter (1Q14) results released to the Colombo Stock Exchange (CSE) showed a net loss of Rs.182 million. In the corresponding quarter last year, the company’s net profit stood at Rs.334, 000.
Views: 2929

Bolster manufacturing sector to avoid middle income trap: ADB

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Asian Development Bank (ADB) has asked Asian economies to up their manufacturing sector in order to achieve economic prosperity and avoid the middle income trap that has held back many countries after reaching the landmark.
Views: 1810

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