Business

Emirates is to add another A380 to its London Heathrow route from 1st July this year, making the popular superjumbo experience more widely available to passengers.

A 20-member a delegation from the Italian Gemmological Institute (IGI) recently visited Sri Lanka and met Chairman and CEO of the National Gem and Jewellery Authority (NGJA) Hasitha Tillekeratne and other senior officials.

NOLIMIT - the biggest fashion chain in Sri Lanka - is ready to cater to its customers celebrating the upcoming Sinhala and Tamil Aluth Avurudda in style, with a range of new arrivals.

A German firm specialising in educational toys yesterday set up its factory in Sri Lanka with the aim of tapping the booming global market.

The Sri Lanka-Pakistan Business Council (SLPBC) which functions under the aegis of the Ceylon Chamber of Commerce held its 17th Annual General Meeting on the 11 March.

Colombo International School (CIS) has won the best school award at the Colombo Model United Nations (COMUN).

The AMW Training Academy was recently accredited by IMI Awards, the first of its kind in the region. This was obtained following a rigorous evaluation process.

Experts The American Chamber of Commerce Sri Lanka (AmCham) organised a panel discussion on the country's tourism goals titled "2.5 Million Tourist Arrivals by the Year 2016: The Challenge to Demand Drive Arrivals" recently, at the Hilton Colombo.

The Commercial Bank of Ceylon has announced that 51 of its branches and supermarket counters will be kept open to serve customers on 2 April, Good Friday, a statutory bank holiday.

The Council for Business with Britain (CBB) recently felicitated 119 English Language teachers at its annual awards ceremony, where they received their University of Cambridge Teaching Knowledge Test (TKT) certificates.

Upgrading knowledge and simplifying regulations are imperative for law professionals to provide instruction on proper modes of development and essential for economic growth, according to Chief Justice Asoka De Silva.

Asian stocks rose on Friday, led by Japanese exporters and consumer-related shares, with investor expectations of a steady economic recovery helping markets close in on a sixth straight week of gains.

The Ceylon Chamber of Commerce (CCC) Trade Fair Unit with the support of the Sri Lankan Embassy in France will be organising a Business Promotion Mission to Spain and Portugal from 15 - 23 May.

This year the Government expects an economic growth of seven percent according to the Secretary of the Ministry of Finance Dr. P.B. Jayasundara.

NDB Investment Bank (NDBIB) successfully arranged a 6 year syndicated loan facility for Elpitiya Plantations PLC to refinance their short term high cost borrowings and to restructure the balance sheet. The Indian Overseas Bank and the State Bank of India participated in this loan facility.

Coca-Cola was the proud recipient of the prestigious "SLIM-Nielsen Peoples Awards for being chosen as the Youth Beverage Brand of the Year, for the third consecutive year. Speaking on this achievement, Country Manager of Coca-Cola Far East Ltd., Sri Lanka and Maldives, Manish Chaturvedi said:

The Al Thani Awards for Photography 2009, one of the world's leading competitions for photography organised by FIAP (Federation Internationale de l'Art Photographique - International Federation of Photographic Art) on an annual basis, saw Sri Lanka emerge victorious in the International Award in Colour Photography Category when Priyankara Gamage won Gold.

Nextfinance Ltd. on Monday announced plans for a private placement of 15 million ordinary shares at Rs. 12 per share in two phases aimed at raising Rs. 180 million. At the first phase 10 million shares will be offered at a value of Rs. 120 million and in case the first issue is fully subscribed, an addition five million shares will be offered. 

HSBC Sri Lanka has been a leading provider of cash management services for over a decade. With the most experienced and qualified team in the market, HSBC is known for its commitment to providing tailor made cash management solutions.

Vallibel Finance has made history by becoming the first finance company to open its doors in Minuwangoda.

The rising star of the financial sphere stormed into the competitive industry with a promise that captured the imagination of many. The company sought to break the shackles which bound many from accessing modern-day financial tools.