The diversified financial services group, National Development Bank PLC (NDB) posted a net profit of Rs.1.24 billion for the quarter ended September 30,2014 (3Q14), an increase of 39.3 percent from a year earlier, according to the interim results.

Hatton National Bank PLC (HNB), Sri Lanka’s second largest private bank in terms of assets, saw its net profit for the quarter ended September 30, 2014 (3Q14) improving 7 percent year-on-year (yoy) to Rs.2.51 billion, the interim financial a

Construction industry leader Maga Engineering (Maga) has projects worth nearly Rs.30 billion to be initiated in the coming months, which could exceed Rs.80 billion before the end of the financial year.“We’ve submitted a proposal to the

Australia’s Serendib Awards 2014, which recognize, acknowledge & promote Sri Lankan individuals and businesses who have contributed immensely with outstanding success in their respective professions and made a significant contribution to

The diversified conglomerate, Lanka Orix Leasing Company PLC (LOLC) increased its group net profits by a staggering 261.4 percent to Rs. 1.59 billion for the quarter ended September 30, 2014 (2Q15), helped by the aggressive lending drive that amou

The Galle Face Hotel today announced that it will play host to the first ever CFW Design Trunk Show 2014 organized by the Colombo Fashion Week. The event, which is set to see some of the leading locale designers showcase their talent, will unveil

Since taking over the management control of the international Fijian ports of Suva and Lautoka in July last year, Aitken Spence has increased ship crane productivity by 70 percent.Aitken Spence has also reduced berthing delays from between 12 to 1

The Taiwan textile industry is the acknowledged world leader in research, development and manufacturing of fabric and garment accessories. The highly successful Taiwan Textile Fairs brings together leading suppliers of textiles and related product

Sri Lanka’s biggest kitchen isn’t as homely or aesthetically pleasing as one might expect. Formed in 1979, SriLankan Catering Limited’s lean, mean, production kitchen, nestled 2km away from passenger terminals within the Bandaran

Nestlé Lanka PLC, the Sri Lankan unit of Swiss food and wellness giant, reported a net profit of Rs.1.1 billion for the quarter ended September 30, 2014 (3Q14), up 21 percent, from Rs.905.5 million recorded in the same quarter of the previo

Sri Lanka’s largest online travel company, findmyfare.com recently hosted a day of fellowship combined with impactful training sessions for all staff members. The casual day out was held at The Palms Hotel in Beruwala and gave the findmyfare

Pizza Hut held its graduation ceremony at Grand Monarch – Thalawathugoda, a black tie event for all 72 graduates, distinguished guests and family members, recently.Every year, Pizza Hut conducts its i nternal management and nonmanagement lev

If any individual can be considered the father of Sri Lanka’s emergence as an apparel manufacturer of global significance, it would be Martin Trust, as a tribute to whom a coffee table book has been published by the Brandix group on behalf o

Daimler AG, manufactures of Mercedes-Benz has selected the new Mercedes-Benz Center in Sri Lanka – ‘DIMO800’ – to have their 2014 After Sales Conference.Heads of After-Sales Service facilities from countries i n the region

Jeep Wrangler Southern Night Rally 2014, tagged as the “Journey through the Wilderness of the South”, organized by the Southern Motor Sports Club took place recently in Matara.Thirty one competitors took part at this event which was fl

Home-grown food stuff giant Edinborough Products (Pvt.) Ltd will be launching an aggressive expor t campaign into the UK in partnership with the leadingglobal supermarket chain, Tesco PLC and is expecting even further expansion into advanced econo

Nippon Paint Lanka, walked off as winners of a Gold award at the recently held National Best Quality Software Awards (NBQSA) 2014.NBQSA, is the national awards competition for best software products in Sri Lanka organized by the Sri Lanka section

KPMG International was presented with the prestigious Golden Peacock Award for Global Sustainability at a ceremony held at the Millennium Hotel in London, recently, as part of the Institute of Directors (IoD) of India’s annual meeting.aThe a

The Laugfs Safety Regulator breaks new ground in domestic safety in Sri Lanka and not surprisingly it comes with the foresight of Laugfs Gas PLC, which has been at the helm of caring for your kitchen.The Laugfs Safety Regulator, which comprises ma

Diversified conglomerate Laugfs Holdings was recognized for its in-house developed Laugfs Bid Plus software at the prestigious National Best Quality Software Awards (NBQSA) 2014.Bid Plus won a Merit award under the ‘e-Inclusion &

Fairway Holdings launches Fairway Galle, its latest vertical living development project in the heritage city of Galle.Fairway Holdings, a in the field of luxury high-rise development, having introduced many ‘firsts’ in luxury vertical

A major shortcoming of the accounting sector in Sri Lanka has been the lack of a specialized academic qualification in accountancy. And today even that shortage has been rectified.The BSc. (Applied Accounting) Degree from the Institute of Chartere

The Commercial Bank of Ceylon has commissioned its latest drive-through Automated Teller Machine (ATM) at the Bank’s Gampaha branch, for the convenience of busy customers.Similar drive-through ATMs set up recently by Sri Lanka’s larges

Sri Lanka’s  largest online travel company, findmyfare.com recently partnered with Standard Chartered Bank to offer unbeatable deals on over 100 Sri Lankan hotels. Now Standard Chartered Bank cardholders can enjoy discounts of up

CIC Agri Produce Export (Pvt) Ltd, a part of CIC Agri Businesses recently won a highly acclaimed gold award in the Agriculture Value Added Small Category at the 22nd National Chamber of Exporters (NCE) Awards Ceremony. CIC has previously been awar

The Mobitel Enterprise SMS Solution - Pilot Project kicked-off recently at the Ceylon Petroleum Storage Terminals Limited.The inauguration ceremony was held at the CPSTL Kolonnawa Installation premises recently, under the patronage of Chairman/MD

Sinopec, the third largest company in the world, introduced its newest product to the Sri Lankan market, the Singapore factory product - Sinopec Justar 10w40 lubricant, recently.At a ceremony, Auto Miraj Managing Director N. Chandramohan was hande

Fonterra Brands Sri Lanka announced it is building a new chilling centre in Gampaha as part of its commitment to growing and developing the local dairy industry in Sri Lanka.Managing Director Fonterra Brands Sri Lanka Leon Clement said the new chi

Continuously setting the benchmark in the fashion industry, Hameedia will once again be partnering with the ‘Designer Wedding Show 2014’ as the exclusive principal sponsor of the event. The highly anticipated fashion show wil

The Planters’ Association of Ceylon expresses its deep regret over the loss of lives caused by landslides in the Koslanda area last Wednesday (29th October)  and reaffirms its steadfast commitment to assist other estate reside