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?Glass bottle and container manufacturer Piramal Glass Ceylon PLC posted a net profit of Rs. 146.8 million for the 3 months ended June 30 (1Q16), up 70 percent year-on-year (yoy) drawing on the increased domestic food and beverage consumption.
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?Dankotuwa Porcelain PLC (DPL) will be raising Rs. 722.46 million by the way of a new rights issue to modernize its plant and settle short-term loans, according to an announcement at the Colombo Stock Exchange (CSE).
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?The current trend of shipping lines procuring and operating mega ships would lead to Sri Lanka having higher freight charges instead of the intended opposite effect if the country does not increase its import/export volume, according to an industry expert.
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The country’s economy must be driven on exports instead of roads, and Sri Lanka should aim at achieving exports equivalent to 100 percent of the Gross Domestic Product in the long term, Policy Planning and Economic Affairs Deputy Minister Dr. Harsha de Silva said.
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?Four sales professionals of Ceylinco Life won five awards at the 2015 National Sales Congress (NASCO) Awards of the Sri Lanka Institute of Marketing (SLIM), giving the country’s life insurance leader high visibility at this annual event.
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?Reiterating their commitment as a socially-responsible corporate citizen, Sampath Bank partnered with the Global Community Development Program of AISEC in the University of Sri Jayewardanepura to conduct the Ample Path Inspiration (API) program for the 3rd consecutive year.
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?Lanka Institute of Fashion Technology (LIFT) has yet again set forth to form a prestigious collaboration in order to better equip its students with the prowess that is needed to excel in the fashion industry.
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Etihad Airways President and CEO James Hogan emphasized the importance of consumer choice and innovation as the fundamental drivers of competition in the international airline industry during a public conversation before an audience of approximately...
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South Asia Textile Industries Lanka, a leading Weft Knit fabric manufacturer for global brands such as Victoria’s Secret, Marks and Spencer, NEXT, Adidas, Columbia Sportswear, PVH/Calvin Klein, Tesco F&F and many more...
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?The Berendina Employment Centre (BEC) provides six scholarships to deserving G.C.E. Advanced Level students and to one university undergraduate student in the Kegalle District as part of its ‘Bright Student Scholarship Programme’.