Arpico Privilege loyalty cardholders dine for less

The Arpico Privilege loyalty plan offers cardholders the opportunity to enjoy a variety of benefits that 

NTB relaunches Nations Kidz savings account

With a strong focus of supporting customers through their life journey, Nations Trust Bank (NTB) 

Himalaya Airlines begins Kathmandu-Colombo flights

Himalaya Airlines, a Nepal-China joint venture airline, announced its second destination –Colombo, 

Asian Alliance General Insurance becomes part of Fairfax group

On October 3 2016, subsequent to receiving the requisite regulatory approvals, Union Assurance 

Prima rewards top performers at ‘Premier Awards 2016’

Prima Group Sri Lanka, one of the largest conglomerates and foreign income generators in the food 

Sampath Bank receives top honours at CMO Asia Awards, Singapore

Reiterating its status of excellence across diverse capacities in the banking industry, Sampath Bank 

SriLankan to pay Rs.25bn for aircraft order cancellation

The Sri Lankan government will be paying Rs. 25 billion to the Netherlands-based world’s biggest 

Airline caterers adapt to survive with shift to buy-on-board

REUTERS: In the 1980s American Airlines calculated that it could save up to US $ 100,000 just by removing olives from its salads. Since then, the industry’s economy drive has continued apace 

SML Frontier Automotive invites Jaguar customers for ‘Open Day’

SML Frontier Automotive, the sole authorised distributor of Jaguar and Land Rover (JLR) in Sri Lanka 

Oman Air to train South Asian sales teams in Colombo

Oman Air has selected Colombo as the hub for training its sales teams from the Indian subcontinent. Spread over four days, the training session will witness country managers and sales teams from the 

CTC recognized with coveted Zero Accident Award 2016

In recognition of its commitment to provide a safe working environment for employees, Ceylon 

CIC Holdings named Silver sponsor for World Export Development Forum in Colombo

CIC Holdings PLC is proud to be the Silver sponsor for the World Export Development Forum 

Explain yourself: Foundations of building global brands

For most of its 29 years, Huawei was a B-to-B company that sold network switching equipment to 

Emirates lands flagship A380 aircraft in Moscow and Guangzhou

Emirates launched two new daily A380 services on October 1 – Dubai to Guangzhou, China and Dubai to Moscow, Russia. 

DFCC Bank celebrates Children’s Day

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

Kotmale and Sirasa FM hold ‘Samanala Samuluwa’ to mark Children’s Day

Kotmale together with Sirasa FM, a member of the Capital Maharaja Organization, , organized the 

Passion and a clear focus on strategy will ensure success in marketing field: Nasser

What kind of standard do you expect to see in this year’s applicants? 

SML Frontier invites Jaguar customers for an Open Day at the JLR showroom

SML Frontier Automotive, the sole authorised distributor of Jaguar and Land Rover (JLR) in Sri Lanka invites all Jaguar customer’s to an Open Day, atthe JLR Showroom

PM’s 1,500-day economic plan within two weeks

The much-anticipated five-year economic plan of the coalition government is expected to be announced within the next two weeks by Prime Minister Ranil Wickremesinghe, according to the Governor of the Central Bank. 

Karu envisages regional fortunes for Ceylon Shipping Corporation

State-owned Ceylon Shipping Corporation Ltd (CSC) should be developed into a main regional line, Sri Lanka Parliament Speaker Karu Jayasuriya recently told a maritime forum in Colombo. 

Lower food prices ease September inflation

A man sits on a domestic gas tank while having his breakfast at a food stall on a road near a main market in Colombo. Sri Lanka’s inflation stood at 3.9 percent during the 12 months to September, edging down from 4 percent in August, helped by lower food prices (Reuters photo)

Sarada appointed to HVA Foods board

HVA Foods PLC, a leading tea exporter in the country, has appointed Sarada De Silva as an Independent Non-Executive Director with effect from October 1, 2016. De Silva counts over 40 years of experience in the spice industry, specially in the cinnamon industry, and is Founder Chairman of the Spice Council of Sri Lanka. 

Singapore’s Group Lease to acquire 29.9% of Commercial Credit for Rs.10.6bn

Singapore-based Group Lease Holdings (GLH) is to acquire a 29.99 percent stake in Sri Lanka’s Commercial Credit and Finance PLC (CCF) for a total consideration of Rs.10.6 billion. 

Vidullanka’s associate company power plant connected to national grid

Vidullanka PLC, a mini hydro developer, yesterday said its associate Nilwala Vidulibala Company (Pvt.) Ltd has successfully completed the construction of the two megawatt Ethamala Mini Hydro Power Plant in Pitabeddara, Matara and the plant was grid connected on September 30.

Fitch assigns ComBank’s Rs.7bn debt issue final ‘AA-(lka)’

Fitch Ratings Lanka has assigned Commercial Bank of Ceylon PLC’s (AA(lka)/Stable) proposed Basel II-compliant subordinated debentures of up to Rs.7 billion a final national long-term rating of ‘AA-(lka)’.

Ceylon Electricity Board proposes to hike energy tariffs by 5% to cut losses

The Ceylon Electricity Board (CEB) has submitted a proposal to the energy regulator, the Public Utilities Commission of Sri Lanka (PUCSL), to increase electricity tariffs on all consumer categories by 5 percent for the next six months, due to the rise in global coal prices.

Cyaniq partners IoT-driven automation start-up Kasper; concludes seed funding round

Cyaniq, the content-specialized communication consultancy partnered Kasper Holdings, the IoT-driven automation start-up to conclude a successful seed funding round for the latter. 

PPP projects become key drivers in infrastructure development: WB

Public-Private Partnership (PPP) projects are gaining momentum globally as a means for delivering infrastructure. 

Sri Lanka’s latest online store Clickonx.com launched officially

Enabling customers to view products in a 360-degree view, Clickonx.com, Sri Lanka’s latest online store, a brainchild of Tech Pacific Lanka (Pvt.) Ltd. was launched recently.

SDB Bank honours senior citizens on Int’l Older Persons’ Day

SDB Bank has unveiled a special loan scheme to honour the senior citizens on the UN’s International Day of Older Persons.