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?Sampath Bank, a forerunner in ensuring the wellbeing of the country and its citizens, has been recognized as the ‘Overall Best Corporate Citizen’ of 2015 at the Best Corporate Citizen Sustainability Awards presented by the Ceylon Chamber of Commerce.
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?Reaffirming its commitment towards the development of the dairy industry and the development of rural livelihoods, Hatton National Bank (HNB) has joined hands with Richlife Dairies Limited to grant loans to farmers in the Kalutara District.
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?Startup Sri Lanka, the recently launched initiative from the Sri Lanka Association Software and Services Company (SLASSCOM), recently held Disrupt 2.0, a start-up bootcamp for potential and existing start-ups with the theme ‘Inspire, Ideate, Initiate and Disrupt’.
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?Diversified local conglomerate, Ceyoka (Pvt) Limited’s foray into the construction sector through its subsidiary Ceyoka Engineering has helped to establish an industry frontrunner backed by an impeccable track record for all types of construction activities.
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?The Chartered Institute of Marketing Sri Lanka (CIMSL) entered into a strategic alliance with Atlas (Ceylon Pencil Co. (Pvt) Ltd), Sri Lanka’s leading manufacturer and distributor of stationery products, to strengthen the knowledge and expertise of both fields.
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?Unilever Sri Lanka’s Ceytea factory, formally known as Premium Exports Ceylon Limited (PECL), was adjudged the 1st Runner-up in the Export Sector at the National Business Excellence Awards 2015 held in Colombo recently.
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On December 10, the day before the opening press conference for the World Twenty20 2016, the International Cricket Council announced that OPPO, the evolving global smartphone brand, will become its official partner worldwide for the mobile phone category.
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Startup Sri Lanka, the recently launched initiative from the Sri Lanka Association Software and Services Company (SLASSCOM) recently held Disrupt 2.0, a startup bootcamp for potential and existing startups with the theme ‘Inspire, Ideate, Initiate and Disrupt’.
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Despite the government having expressed keenness in tackling the debt issue, authorities are far from finding a systematic solution as a number of elements pertaining to the issue have gone completely unnoticed when drawing up the national Budget, a leading economist in the country said.
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?LTL Projects (Pvt.) Ltd, a unit of LTL Holdings, recently entered into a Rs.600 million contract with the Maldives Environment and Energy Ministry for design, supply, installation and maintenance of generator and grid infrastructure in five islands.
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?The final symbolic affirmation that the festive season has begun in earnest was made by the Arpico retail chain last week with the lighting up of the characteristic larger-than-life Christmas tree by no less a personage than ‘Santa Claus’ at the flagship Supercentre at Hyde Park.
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?Announcing a number of amendments to the revenue proposals presented in Budget 2016, Prime Minister Ranil Wickremesinghe yesterday said a report has been called from the Central Bank on the Budget proposal to tax the cash withdrawals from banks.
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REUTERS: Mahindra & Mahindra is close to signing a deal to buy Italian car designer Pininfarina , two sources with direct knowledge of the matter said on Friday, the latest purchase of an iconic Italian brand by an Asian company.