Union Bank celebrates Vesak with Bodu Bathi Gee Saraniya

In celebration of Vesak, Union Bank held Bodu Bathi Gee Saraniya 2017at the bank’s head office.  Chairman of Union Bank’s group companies NAMAL Asset Management and UB Finance- Alexis Lovell, Director and Chief Executive Officer- Indrajit Wickramasinghe, corporate and senior management, staff and invitees attended the event.

‘Colour Splash’ art competition held for children of Amâna Takaful family

Amâna Takaful being the insurance pioneer of the ‘takaful way’ since 1999, is not only a pioneer in the Takaful field but is also a trusted establishment that places employee growth and well-being as a top priority. It is one such work place where every employee is treated with respect and value. 

Laugfs Supermarkets rewards customers with ‘Lakshapathi’ Raffle Draw

Laugfs Supermarkets chain concluded its ‘Lakshapathi’ Raffle Draw conducted over a 45-day period, featuring cash prizes worth Rs. 100,000 and a daily total bill wipe-off opportunity, in a bid to reward loyal customers. 

DP Logistics moves headquarters to Pelawatta

 DP Logistics (Private) Limited (DPL), a subsidiary of David Pieris Group of Companies has moved from Wellampitiya to Pelawatta to provide greater accessibility and convenience to its customers. The new address is No. 941, Pannipitiya Road, Pelawatta, Battaramulla. The move stems from DPL’s need for additional space to accommodate the growth in demand for its services and expanded product range. 

You’re My Favorite‘s film with Darshi Keerthisena wins CFW Fashion Film Award

The Summer Season of Colombo Fashion Week in March 2017 saw the introduction of a new annual initiative called Fashion Films. This brought together two creative streams of fashion and films; Five 

Mobitel gives the gift of clear vision to over 16,000 customers

Mobitel, the National Mobile Service Provider, takes its ‘We care. Always’ pledge a step further by organizing its 16th ‘Eye Clinic Project’ on 27th May 2017. Demonstrating its social responsibility 

NVOCC agents bank on new ports minister to reverse harmful laws

The Sri Lanka Association of NVOCC (non-vessel operating common carrier) Agents (SLANA) said that it would work with the new Ports and Shipping Minister to address the negativities created by the laws and regulations passed by the previous regime, which have caused the Colombo Port to be viewed negatively by the world.

Cyclone churns towards Bangladesh as storm toll reaches at least 201 in Sri Lanka, India

REUTERS: A severe and intensifying cyclone churned north towards Bangladesh yesterday after heavy rain in Sri Lanka and thunderstorms in eastern India killed at least 201 people, with more torrential downpours forecast.

Edgbaston among top 20 shareholders of JKH

Edgbaston Asian Equity Trust, the Houston Texas-based fund of UK-based Edgbaston Investment Partners, for the first time, is featured among the top 20 shareholders of Sri Lanka’s premier blue chip John Keells Holdings PLC (JKH).

Tobacco retailers meet FinMin over industry concerns

The Sri Lanka Tobacco Retailers’ Association met the newly appointed Finance Minister Mangala Samaraweera at the Finance Ministry last week to highlight several issues facing traders and tobacco sales. 

Shares fall to two-week closing low; floods weigh

REUTERS: Sri Lankan shares fell yesterday in dull trade to close at their lowest in two weeks, as investors booked profits in heavyweights such as John Keells Holdings PLC and Commercial Bank PLC while floods and landslides that hit the island nation weighed on sentiment.

Taj Samudra owner narrows losses in March

TAL Lanka Hotels PLC, which operates the Taj Samudra hotel in Colombo, managed to narrow its net losses to Rs.1.19 million during the March quarter (4Q17), compared to a Rs.28.35 million net loss year-on-year (YoY) through cut backs in expenses, during a period of poor tourist arrivals to Sri Lanka.

NDB committed to bring success to women entrepreneurs

‘When sleeping women wake, mountains move’ a famous Chinese proverb is starting to become more and more relevant in today’s context, in an era where the role of women have become ever more essential in the development of economies across the world.

Maliban named ‘Most Loved’ biscuit manufacturer in Sri Lanka

Maliban Biscuits was honoured as ‘The Most Loved’ biscuit manufacturer, amongst a host of other top brands in Sri Lanka, according to the latest LMD Brands Manual 2017 compiled by Brand Finance and presented by Media Services.

Abbotsleigh Estate obtains all-time record price

At this week’s tea auction, an invoice of PD grade from Abbotsleigh Estate, selling under the ‘Florence’ mark, secured an all-time record price of Rs.720 per kilogramme in the CTC high-grown category.

Indian CEO Forum holds fourth annual general meeting

The Indian CEO Forum Sri Lanka (ICF) recently held its annual general meeting (AGM), where Special Assignments Minister Dr. Sarath Amunugama was the chief guest and Indian High Commissioner in Sri Lanka Tajinder Sandhu was the guest of honour.

Seylan Bathi Gee Harasara 2017

Celebrating the Vesak season, Seylan Bank organized ‘Seylan Bathi Gee Harasara 2017’ for the ninth consecutive year at Seylan Bank head office. 

Rhino ‘WasanaRella 3’ provides chance to win millions and gold sovereigns

Rhino Roofing Products Ltd., the manufacturers of chrysotile roofing sheets, offers a range of roofing and ceiling products. These include flat ceiling sheets under the Rhino brand name and corrugated roofing sheets (which are machine-painted for the first time in Sri Lanka) under the Colorup brand. The company is pleased to announce a consumer competition ‘Rhino ColorupWasanaRella 3’ from June 1st to August 31st for the benefit of co

Small hydropower industry debunks negative theories

Sri Lanka’s small hydropower industry came out strongly against the negative theories and myths that plague the industry, despite it showing tangible evidence that such negativities have  no foundation.  

Ramadan with Hameedia’s range of exclusive offers

Get ready for the month of Ramadan, with Hameedia’s range of exclusive offers, which will enable you to dress your best throughout the season. Customers will be able to step out in elegance and style throughout the month, with Hameedia’s latest collections of trendy, modern and elegant attire. 

Prima Kottu Mee ‘Hot & Spicy Kricket’ promotion back again

Prima Kottu Mee has re-introduced the ‘KottuMee Hot & Spicy Kricket’ promotion as a means of adding some extra excitement to the ICC World Cup 2017. 

SLI sets up relief collection centre

Sri Lanka Insurance has set up a donation collection centre at its head office at No. 21 Vauxhall Street, Colombo 2 to collect relief material for people affected by the floods. 

Sadaharitha invites landowners to join hands and reap rich rewards

A unique opportunity has opened for land owners in the low country wet zone area where the climate is conducive to commercial forestry.  

Coca-Cola zero now in Sri Lanka

Coca-Cola in Sri Lanka has launched the globally acclaimed product Coca-Cola Zero – a variant of Coca-Cola, already available in more than 150 countries - in our Island nation. 

Sri Lanka-Indonesia relations; Reaching new heights

The Embassy of the Republic of Indonesia in collaboration with the University of Kelaniya held a seminar titled ‘Sri Lanka-Indonesia Relations; Reaching new heights’ in commemoration of the 65th 

Get ready for Ramadan with Hameedia's range of exclusive offers

Get ready for the month of Ramadan, with Hameedia’s range of exclusive offers, which will enable you to dress your best throughout the season. Customers will be able to step out in elegance and 

MCB Bank declares open its upgraded Wellawatte branch

With its strategy to provide customers a state-of-the-art banking experience, the fast growing Pakistan based MCB Bank declared open their newly refurbished and renovated Wellawatte branch 

Amâna Takaful’ stop achievers set to participate in the annual Million Dollar Round Table (MDRT)

11 top achievers from Amãna Takaful Life (ATL Life) were recently selected to attend the annual Million Dollar Round Table (MDRT) conference which is set to take place in Orlando, Florida from

SriLankan to operate direct daily flights to Melbourne from October

SriLankan Airlines, Sri Lanka’s national carrier and a member of the oneworld alliance, will be establishing its presence in Australia with daily non-stop services to Melbourne commencing October 29th this year. 

Aitken Spence doubles profit in March

Sri Lanka’s diversified conglomerate, Aitken Spence PLC, more than doubled its net profit for the quarter ended March 31, 207, (4Q17), amply helped by the re-commissioning of its thermal power plant and maritime operations, the interim financial accounts filed with the Colombo Stock Exchange showed.