Last Updated : 26-07-2014 11:07

 
 

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Nearly 200 Cyber crime related incidents reported in SL each month

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The Sri Lanka Computer Emergency Readiness Team Coordination Centre (Sri Lanka CERT CC) established in 2007 to protect the country’s information infrastructure and coordinate protective measures against cyber security revealed that it receives about 200 complaints monthly related to cyber crime, cyber threats and hacking.
Views: 5242

Alumex to use IPO proceeds to set up powder coating plant

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The Hayleys group subsidiary Alumex Limited yesterday announced its plans for an Rs.838 million Initial Public Offering (IPO), to finance a capital requirement to set up a powder coating plant and also to benefit from a government tax discount.
Views: 4122

Facebook to buy WhatsApp for U $19 billion

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Facebook Inc will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock, as the world's largest social network looks for ways to boost its popularity, especially among a younger crowd
Views: 3367

Dialog posts Rs.1.1bn net in 4Q

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Dialog Axiata, the local unit of Malaysia’s Axiata Group said its net profit for the quarter ended December 31, 2013 (4Q13) increased to Rs.1.1 billion from Rs.927 million it reported in the same period last year.
Views: 3459

Canon Singapore boss in town for landmark Image Square launch

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President and CEO of Canon Singapore Pte Ltd, Kensaku Konishi arrived in Sri Lanka this morning on the invitation of Metropolitan Group, Canon’s local agent for the past 35-years.
Views: 3714

Fashion Bug wins Gold for Triumph

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Fashion Bug, one of Sri Lanka’s leading retail clothing stores with over 17 outlets island-wide, clinched a Gold award for ‘Best Key Account Partner’ at the recent Annual Sales Conference of Triumph International held on 7th February at Hotel Galadari.
Views: 3652

Altair awards construction contract to Shapoorji Pallonji

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The US$ 3 billion construction company, Shapoorji Pallonji has been appointed the main contractor for Sri Lanka’s Altair residential twin tower in Colombo.
Views: 4254

Hayleys Q3 profits plunge

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Hayleys PLC posted a profit of Rs. 338.6 million during the quarter ended 31st December 2013, down sharply from the previous Rs. 662.4 million.
Views: 3118

Boeing sees Asia-Pacific fleet nearly tripling over 20 yrs

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Boeing maintained its 20-year forecast for airplane demand at US $ 4.8 trillion and predicted that nearly half of the world’s air traffic growth would be driven by travel to, from or within the AsiaPacific over the next two decades.
Views: 3371

Commercial Bank to pump up investment banking business

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Commercial Bank of Ceylon has signalled its intentions to sharpen its focus on the sphere of investment banking, with the relaunch and renaming of its Corporate Finance Unit as ‘Commercial Bank Investment Banking’ to reflect the broader dimensions of the unit.
Views: 4186

Access Engineering completes Eastern province bridge construction project

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Post-war infrastructure development in the North and East involved the construction and rehabilitation of a number of bridges and culverts along various roads.
Views: 3309

Ceylon Cold Stores profits swell 315%

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Ceylon Cold Stores PLC profits improved by a drastic 315 percent year-on-year (YoY) to Rs.259.4 boosted by strong operating profits during the quarter ended December 31, 2013. The turnover increased by 8 percent YoY to Rs.6.30 billion while the cost of sales increased by a modest 6 percent YoY to Rs.5.48 billion, leading in turn to a gross profit of Rs.826.1 million, an increase of 24 percent YoY.
Views: 3692

BoI nets Rotterdam-based IT company

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ISM eCommerce recently signed an agreement with the Board of Investment (BoI) for setting up a project to develop software and provide business process outsourcing (BPO) services for the export market. The total value of this investment is US $ 3 million.
Views: 2930

Havelock City Chairman S P Tao Donates New Temple Complex for Sama Vihara

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The reconstructed Sama Vihara Complex fronting Havelock City Project was declared open by His Excellency President Mahinda Rajapaksa amidst a distinguished gathering at a grand opening ceremony held recently. The temple was a gift from Havelock City’s Chairman, the visionary entrepreneur and leader, Mr. S P Tao.
Views: 2978

Growing business with CRM

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If you’ve heard of customer relationship management (CRM) and wondered why it’s so important, it’s simple. No matter what business you’re in, unless your customers are happy you won’t succeed and this is why CRM is so important - more important than sales or marketing or any other part of the company that wouldn’t survive without customers.
Views: 5684

Havelock City Unveils a Spectacular Clubhouse

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An architectural masterpiece spanning over 60,000 sq. ft. with luxurious star-class facilities where one will be spoilt for choice, is at the doorstep of every Havelock City resident at the newly opened clubhouse.
Views: 3315

Malaysia’s RAM announces sale of RAM Ratings Lanka

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RAM Holdings Berhad has divested RAM Ratings (Lanka) Ltd, its wholly-owned subsidiary in Sri Lanka. The acquisition was led by the management team from RAM Lanka comprising Mahinda Preethiraj Jayawardena and Adrian Perera.
Views: 2595

CIFL depositors seek Presidential intervention

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The depositors of distressed finance company Central Investment & Finance PLC (CIFL), who opposed the restructuring plan proposed by the Central Bank, yesterday requested a dialogue with President Mahinda Rajapaksa for relief.
Views: 2238

CIFL depositors protest

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The distressed depositors of Central Investments & Finance PLC (CIFL) yesterday staged a protest in front of the CIFL head office in Dharmapala Mawatha, demanding their moneys back
Views: 2084

Overseas Realty receives accolade for energy efficiency

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Striving for eco-friendly spaces Overseas Realty – owner, developer, manager of the most iconic building in Sri Lanka, the World Trade Center, Colombo (WTC) was recognized as the most energy efficient building under large scale commercial buildings sector at the Sri Lanka National Energy Efficiency Awards 2013 held at the BMICH.
Views: 2695

First passenger vessel at MRMRP port

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The luxury cruise liner MV Voyager called at Magam Ruhunupura Mahinda Rajapaksa Port (MRMRP) in Hambantota recently, creating history as the first cruise vessel to call at the port.
Views: 2963

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MR shows the way
DM participates in Ifthar ceremony
Another train derailment
Mahela notches up 150
MR shows the way
DM participates in Ifthar ceremony
Another train derailment
Mahela notches up 150