DFCC Bank celebrates Children’s Day

DFCC Bank is conducting exciting activities across its branch network to celebrate Children’s Day. The Bank will host art competitions at each of its regional offices located in Wellawatte,

Ceylon Shipping Corp. takes delivery of second ship

S t a t e - o w n e d C e y l o n Shipping Corporation (CSC) received its latest ship ‘Ceylon Princess’, which arrived at the Colombo Port yesterday. Ceylon Princess, the second ship belonging to CSC, 

Plans afoot for charting a regional course for SriLankan!

Reorienting SriLankan Airlines as a regional carrier, which is part of its restructuring process to seek 

New board appointments at Softlogic

Softlogic Holdings PLC recently announced the appointment of Prof. Ajantha Dharmasiri and Aaron 

Seylan Bank to raise up to Rs.8bn via debentures

The director board of Seylan Bank PLC has resolved to raise up to Rs.8 billion through a debenture 

SriLankan Chairman contradicts Weliamuna report

The past management of state-owned SriLankan Airlines had not mismanaged company funds as was stated in the Weliamuna report, the national carrier’s present head told Mirror Business. “There 

TPG, BlackRock show early interest in SriLankan Airlines stake

REUTERS: Private equity firm TPG and fund company BlackRock Inc. are among half a dozen firms 

DFCC Bank secures loan from Middle-East to fuel offshore expansion plans

DFCC Bank has successfully raised funds in the Middle East on the strength of its credentials and sound track record established over a period of 61 years. Witnessing growth across all its sectors, DFCC Bank has evolved into a technology-backed modern commercial bank that meets the aspirations of both its commercial and development clients. 

My Friend wishes Sri Lanka’s children happy Children’s Day

‘My Friend’, a high impact Corporate Social Responsibility (CSR) project steered by cricketer Angelo Mathews and entrepreneur Fouzul Hameed, with support from Hameedia, Sri Lanka’s leading menswear specialist, reaffirms its commitment to nurture the future generation on the occasion of the Children’s Day. 

OPA holds AGM; Ravi recognised

The Annual General Meeting (AGM) of the Organisation of Professional Associations of Sri Lanka (OPA) and its award ceremony were held with the patronage of President Maithripala Sirisena on October 4 at Cinnamon Grand Hotel Colombo.

BOI Chairman clarifies

Board of Investment Chairman Upul Jayasuriya has sent Mirror Business the following clarification over the article titled ‘BOI chief wants consistent policies to lure investments’ appeared on October 5, 2016.

Etisalat Lanka furthers promise to eliminate visual impairment

Annual World Sight Day is held on the second Thursday of every October to raise awareness on blindness and visual impairment.

Caterpillar introduces high-tech solar panels to local market

Caterpillar, a company that provides power generation solutions, introduced its new state-of-the-art advanced technology solar panels to the local market, through its Sri Lankan dealer  UTE recently.

Richard Pieris Natural Foams emerges ‘Most Outstanding Exporter’

Richard Pieris Natural Foams Limited, one of Sri Lanka’s leading manufacturers of latex foam products, emerged as the ‘Most Outstanding Exporter’ at the NCE Export Awards held recently.  The company also won Gold for the Most Outstanding Exporter in the Agriculture Value Added Sector and yet another Gold for Rubber Products Sub Sector (Extra Large).

Lanka Canneries’ MD Cordial debuts new ‘Palathuru Double’ campaign

Lanka Canneries Limited unveiled its new cordial thematic campaign, ‘Palathuru Double’ recently.  During the event, Lanka Canneries also showcased the new vibrant packaging for its mixed fruit, orange, mango and passion fruit 400ml and 750ml range of cordials.

Epic Technology Group exhibits at Gitex 2016 in Dubai

Epic Technology Group, Sri Lanka’s premier technology conglomerate for superior ‘Fintech’” solutions, will be on show at the Gitex 2016 Technology Week in Dubai from October 16 to 20. Gitex Technology week held annually in Dubai attracts visitors from the UAE, Africa, South Asia and Europe. Last year, on an average, around 140,000 participants attended this exhibition and this year Gitex organisers expect in excess of 150,

Open collaboration will help bring about single 5G standard: Huawei’s Ryan Ding

At the FT-ETNO Summit held in Brussels, Huawei Executive Director and Products and Solutions President Ryan Ding said, “5G will be one of the cornerstones of industry digitalization. A single global standard is vital.”

Admo Solar signs MoU with Hatton National Bank

Admo Solar carved a milestone in the solar energy sector with the recent successful installation of the Solar Net Accounting System at the official residence of the President of Sri Lanka.  As a follow-up to this landmark event, Admo Solar signed a Memorandum of Understanding (MoU) with Hatton National Bank to foster development of the renewable energy sector amongst its loyal customer base. 

Vista Rooms makes Maldives accessible to everyone

Vista Rooms, one of South Asia’s brands of budget stays, has been launched in the Maldives. Targeting the affordable accommodation segment, Vista Rooms aims to make the Maldives an affordable luxury for travellers.

Driverless cars: A new way of life and a new cyber security challenge

Cars are an essential part of our everyday life, and are crucial to transporting thousands of commuters on a daily basis through busy towns and cities, and from one country  to another. 

Oracle advances data integration portfolio with GoldenGate 12c

Data volumes are growing at unprecedented rates, making it more complex for organizations to effectively use that information to make strategic business decisions and gain a competitive advantage. 

IronOne CEO excels at NCE Awards 2016

IronOne Technologies Co-Founder and Chief Executive Officer Lakmini Wijesundera excelled yet again being awarded the prestigious Special Award by the National Chamber of Exporters (NCE) of Sri Lanka in recognition of the unique entrepreneurship and achievement in the field of exports.  The NCE Awards Ceremony was presided over by Ministers Eran Wickramaratne and Ravi Karunanayake, Export Development Board (EDB) Chairperson Indira Malwatte an

Investing in capacity building key for improving public sector delivery: NHRDC Chair

Successive governments have not invested sufficiently in the last 10 years to build public sector capacity and as a result, there is today a huge gap in terms of expectations, especially given the accelerating impact of technology on the economies of the world, according to National Human Resource Development Council of Sri Lanka (NHRDC) Chairman Dinesh Weerakkody.

NTB offers credit cardholders special savings at Damro

Nations Trust Bank (NTB) recently partnered with Damro to offer its American Express and MasterCard credit cardholders a special 30-month interest-free instalment plan at no extra charges and 10 percent savings for purchases made on a wide range of electronic items and furniture at any Damro outlet islandwide.

SLT empowers Infotel-2016 as Principal sponsor

Sri Lanka Telecom (SLT) has come forward as the Principal sponsor of Sri Lanka’s national ICT expo Infotel-2016 for the sixth consecutive year. 

MTI’s ‘idea2fund’ launches 2nd round

The second round of MTI’s idea2fund was launched this week with the expectations of an even larger number of entries, covering a diverse range of business domains.  

CICT helps CMPH win global ‘Port Operator of the Year’ award

The role played by China Merchants Port Holdings (CMPH) in the development of the Port of Colombo into a leading transhipment hub in South Asia was among the factors in the company being adjudged Port Operator the Year at the Lloyd’s List 2016 Global Awards presented in London on 28th September.

Proposed US $ 50mn ADB investment to fuel new chapter of growth for HNB

Hatton National Bank PLC (HNB) recently announced that its board of directors has granted the Asian Development Bank (ADB) approval to purchase a substantial equity stake in the bank by way of a fresh issue of shares. 

Tourism Minister hails Ceylon Hotel School Graduate Association for contributions to industry

The Minister of Tourism Development and Christian Affairs John Amaratunga was the Chief Guest of the 45thAnnual General Meeting (AGM) of the Ceylon Hotel School Graduate Association (CHSGA) whose members are the alumni of the Sri Lanka Institute of Tourism and Hospitality Management (SLITHM).

Elephant House eyes UK market expansion; enters bottling deal with UK firm

Elephant House has signed up with a UK-based bottling facility for the production of 1.5 litre PET plastic variants of its much-loved Necto, Cream Soda and Orange Barley beverages.