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.
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.
Nawaloka Hospitals PLC’s Rs. 1.5 billion rated, unsecured, redeemable debenture issue was oversubscribed yesterday.
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)'.
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.
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)'.
A Tokyo-based healthcare information infrastructure company has bought Sri Lanka’s E-Channelling PLC, a pioneering internet-based doctor channeling business.
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.
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.
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
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.
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).
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.
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.
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.
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
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’
PTI: Power Grid Corporation is seeking a “viable return” for a proposed undersea transmission cable linking India and Sri Lanka, which has been delayed.
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
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.
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.
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