Country’s savings giant, National Savings Bank (NSB) bought 13 percent of The Finance Company PLC (TFC) last Friday for a sum of Rs.393 million, becoming another state owned institution that has paid an unusually high price on controversial sto

The Government of the Republic of Singapore has appointed Mr. Jayantha Dharmadasa as Singapore’s Honorary Consul-General in Colombo with jurisdiction over Sri Lanka.

Glaxosmithkline (GSK) yesterday opened its new pharmaceutical tablets manufacturing facility at a ceremony, which was officiated by Economic Development Minister Basil Rajapakse and Health Minister Maithripala Sirisena.

HSBC Signature cardholders, an exclusive circle of customers, have been offered a 10 per cent discount on Emirates First and Business Class travel from Colombo to ten popular destinations.

Leo Burnett Solutions Inc. the Sri Lankan office of the globally recognized network dominated the Goa Fest advertising award festival by winning four coveted metals in a cross section of categories, for its clients Cargills Ceylon, Akzo Nobel –

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The per capita consumption of chicken by Sri Lankans is to increase to 8 kilo grams within the next five years, in line with the increase of purchasing power of the citizens, Ceylon Grain Elevators (GRAN), the largest company producing chicken in the

The importance of family in an individual’s career was a poignant theme when Sri Lanka’s apparel exporter Brandix felicitated 39 Associates and six Supervisors at the Group’s annual Employee of the Year (EOY) Awards ceremony held re

Tata Sons Ltd. Director R. Gopalakrishnan has been appointed as a Non-executive Director of the board of Hemas Holdings PLC. 

Hutch entered into a partnership with veteran cricket commentator Premasara Epasinghe to bring the world of cricket much closer to the hearts of Hutch customers through the Hutch 555 voice portal.

Sri Lanka’s Hatton National Bank PLC (HNB) yesterday received an international credit rating from Moody’s Investors Service

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Heritance Ahungalla, one of Sri Lanka's Aitken Spence group's premier hotels has unveiled a $35 million sapphire studded cake, which the hotel hopes will be a serious contender for the ‘World's Most Expensive Cake’ title this

Sri Lanka's tea production edged down 0.6 percent in February due to high base in the same month last year, the state-run tea board said on Wednesday

March 22, 2012 Colombo: Taking a bold step forward in safeguarding the wellbeing of the nation, AVIVA NDB launched a carefully crafted health insurance plan recently.  AVIVA NDB HealthInsurance promises to be as outstanding as its f

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Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka Branch's (SCBSL) National Long-Term rating at 'AAA(lka)'. The Outlook is Stable

Apple Inc's latest iPad sports a crisper display and an array of technology advances that, while less than revolutionary, may prove enough for now to keep rivals like Amazon.com Inc and Samsung Electronics Co Ltd at bay

Alumex a fully integrated manufacturer of aluminium extrusions and the leader in the industry has been in operation for over 20 years in Sri Lanka. For the second consecutive year Alumex was the strategic sponsor of Architect exhibition organized by

Nissan Motor Co plans to revive the Datsun nameplate to sell inexpensive cars tailored for emerging markets from 2014, the Nikkei newspaper reported recently, as the Japanese automaker revs up its efforts to tap fast-growth countries

Through the linking of their services, Hutch has now enabled their customers with Commercial Bank accounts access to a variety of services, 24 hours a day, via a simple SMS.

Rating agency, Standard & Poors (S&P) has revised down its outlook on Sri Lanka's B+ long term foreign currency sovereign credit rating outlook to stable from positive while lowering the long term local currency rating to B+ from BB-

According to an study, conducted by PGIM in 2011 in ijcrimph (journal), selected pool of 110 patients of male has 82.7% non healing ulcers and 38.2% amounted for amputation where this prevalence will further increase with an increased number of Diabe

Fitch Ratings has withdrawn its rating on Hayleys PLC and will not provide ratings or analytical coverage of the firm

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Jubilant Foodworks , which runs the Dominos Pizza chain in the country, plans to open two more stores in Sri Lanka over the next two months, its chief executive Ajay Kaul said in anearnings conference call yesterday

Aitken Spence PLC informed the Colombo Stock Exchange today the firm would realise a capital gain of approximately Rs.630 million on the sale of its shareholding in Colombo International Container Terminal (CICT) to China Merchant (International)

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Nestlé Sri Lanka, the local subsidiary of the world’s leading nutrition, health and wellness company, opened its new noodle plant at its state-of-the-art manufacturing facility in Kurunegala a while ago, marking the second phase of it

With the celebrated Rugby World Cup just coming to an end and cricket still being a hot topic due to on-going matches, Hutch organised a competition that was close to their customer’s hearts. The sports-themed SMS competition, which saw island