Access Engineering PLC, the leading infrastructure developer in Sri Lanka currently sees opportunities in the Asia Pacific and Middle East regions for expansion, according to a top company official.
The Lanka Hospitals Corporation PLC (LHCL) is to set up a state-of-the-art laboratory service, that will facilitate a range of diagnostics tests that are currently unavailable in the country, a top official stated.
A sustainable, focused marketing strategy with the full involvement of all stakeholders is required to ensure targeted visitor segments are attracted, a top official of a leading Sri Lankan leisure operator stated.
The diversified conglomerate and the leading planter in the country, Richard Pieris and Company PLC is considering venturing in to automotive component manufacturing, under the corporate brand ‘Arpico’, according to top company official.
Expolanka Holdings PLC posted a net profit of Rs.1.06 billion for the year ended March 31, 2013 as against Rs.1.03 billion during the previous year, largely due to the growth in revenue witnessed during the year, interim financials released to the Colombo Stock Exchange revealed.
Fonterra Brands Sri Lanka said in a statement that it is confident that all of its dairy products meet the DCD free standard to be introduced by the Government from 1st June 2013
Hemas Holdings PLC’s profits grew by a significant 42.3 percent year-on-year (YoY) to Rs.1.66 billion during the year ended March 31, 2013.
Brown & Company PLC Group Managing Director/CEO, Murali Prakash has tendered his resignation enabling him to attend to certain urgent personal matters outside the country, a stock market filing stated
Colombo, 22 May 2013: TELiBrahma, India’s leading mobile advertising solutions company specializing in augmenting real world context with digital engagements; announced its partnership with Wijeya Newspapers Ltd - to bring interactive print content LIVE on readers’ mobile/tab.
Binod Chaudhary-controlled Cinnovation Group has already obtained the preliminary approvals from the Board of Investment (BoI) of Sri Lanka and licence to carry out tests from the Geological Survey and Mines Bureau (GSMB) for the US $ 75-100 million cement factory the group is planning to set up in Sri Lanka’s northern peninsular.
The 1,342nd Forbes US dollar billionaire in the world, Binod Chaudhary, yesterday said that he has ‘full confidence in the Sri Lankan system’ to make investments and set up businesses in the island nation and stressed fast tracking of official procedures will further enhance the business-friendly environment.
Dialog Axiata PLC, a unit of Malaysia's Axiata group has clinched the sponsorship deal for Sri Lanka Cricket at a sum of Rs.753.9 million+ taxes, a stock exchange filing by Sri Lanka's largest mobile services provider said.
Celebrating the ‘World Telecommunication and Information Society Day (WTISD) last week, the national telecommunication service provider – Sri Lanka Telecom (SLT) announced the soft launch of its Very-High-Bit-Rate Digital Subscriber Line 2 (VDSL2) advanced fixed broadband technology.
The Dubai-based budget carrier Flydubai officially launched its services to Sri Lanka’s second international airport in Mattala yesterday.
Colombo International Container Ter minal (CICT), which is developed under the South Harbour Terminal project received its first vessel on May 20, carrying on board 3 gantry cranes and 10 rubber tire gantry cranes to be installed at the CICT.
Mack Gill has been appointed the new CEO of MillenniumIT, a unit of diversified international exchange business of London Stock Exchange Group.
Treasury bill yields remained more or less flat at the second T-bill issue after the policy rate cut by the Central Bank with 12-month bill yields edging up 2 basis points
A Darlington firm has signed a £35 million contract to build hundreds of road bridges in Sri Lanka, BBC reported. Cleveland Bridge will design and build the structures in jungle and rural areas of the country
Nepal’s first Forbes billionaire, Binod Chaudhary has submitted a proposal worth of US $ 75 million to the Sri Lankan government to set up a stateof-the-art cement plant in the Jaffna Peninsula, a statement issued by Chaudhary’s office said.
Nepal's first Forbes billionaire, Binod Chaudhary has submitted a proposal worth of US $ 75 million to the Sri Lankan government to set up a state-of-the-art cement plant in Jaffna Peninsula, a statement issued by Chaudhary's office said.
Allianz continued its upward growth trajectory in the first quarter of 2013, achieving a profit before tax of Rs.85 million, a 5 percent increase over last year.
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