Lucky Lanka in red; gearing continues to remain high

?Dairy manufacturer Lucky Lanka Milk Processing Company Ltd has made a net loss of Rs.10 million for the December quarter (3Q15), the interim financial accounts released to the Colombo Stock Exchange (CSE) showed.

Northwood College Celebrates Founders’ Day

Northwood College recently celebrated its second anniversary and Founders’ Day. The celebration was attended by Dr. Frank Jayasinghe, an experienced educationist, Founder Principal of Wycherley International School and the present Principal of the College of World Education as the Chief Guest. The event was also attended by Hussain Sadique, the Founder Director of Northwood College and his wife Fazliya Sadique as well as the teachers and pa

Fashion Bug wins Gold for Triumph

Fashion Bug, one of Sri Lanka’s leading retail clothing stores with over 16 outlets island-wide, clinched a Gold award for ‘Best Key Account Partner’ at the recent Annual Sales Conference of Triumph International held on 13th February at Hotel Galadari.

Hameedia treats 30 lucky customers to a memorable Valentine’s Day

Continuously setting the benchmark in the fashion industry, Hameedia, Sri Lanka’s leading menswear specialist recently hosted 30 lucky couples for a memorable and romantic Valentine’s Day dinner dance at the Jaic Hilton. As part of Hameedia’s exciting Valentine’s Day promotion, customers who made purchases over Rs. 7500 were entered into a special draw and 30 couples were thereafter selected to attend the dinner dance even

Lower impairments, non-fund incomes boost Sampath 4Q

Sampath Bank PLC group posted a net profit of Rs.1.33 billion (Rs.7.94 a share) for the quarter ended December 31, 2014 (4Q14), up 23 percent from a year ago despite its core banking operations barely a showing a growth, interim results showed.

Hemas Hospital-Thalawathugoda introduces convenience-based solutions to clientele

As a result of consumers becoming more empowered, value and convenience seeking, majority of their personal care needs are also changing on similar lines. As a result, healthcare, which is a very sensitive, selective and an important aspect of wellbeing of an individual is also moving towards a route where individuals are seeking more and more consumerdriven services and facilities from service providers.

SLT powers LK Domain Registry with IPv6 technology

Sri Lanka Telecom (SLT), the national ICT solutions provider announced the successful deployment of world’s latest Internet Protocol (IP) version - IPv6 at the LKDomain Registry in Sri Lanka.

Etisalat hosts Twitter Premier League Sri Lanka Season 3

With a pitch perfect spinner towards actively engaging with the Sri Lankan Twitter community, Etisalat Lanka tweets back Twitter Premier League Sri Lanka 2015, an annual softball cricket tournament for the third consecutive year. With this hatrick, #TPLSL will look forward to highly active 500+ participants across the island.

Sri Lanka cares for every foreign visitor: Navin

The army troops’ amazing rescue of ‘Dutch’ national Mathalin (35) from near death, when he accidentally fell off the World’s End in Horton Plains during his honeymoon tour in Sri Lanka with his newly-wedded wife Linda, is just an indication of the care Sri Lanka has on every single traveller, said Tourism and Sport Minister Navin Dissanayake.

CMA Budget Seminar this Wednesday

The Institute of Certified Management Accountants of Sri Lanka (CMA), the national professional management accounting body in Sri Lanka, will conduct a seminar on the interim budget approved by the Parliament on February 25, 2015 at Ballroom, Hotel Taj Samudra from 9:00 a.m. to 2:00 p.m.

Talks with IMF successful: Ravi K

Finance Minister Ravi Karunanayake returned to the island from Washington on Friday with “a bag full of cash”, following successful talks with the International Monetary Fund Managing Director Christine Lagarde.

DSI Dominates Design Awards, bagging Best Design Award at Footwear and Leather Fair 2015

The Sri Lankan footwear market leader, DSI dominated the Design Award Ceremony held on 8th February 2015 at BMICH. Held parallel to the Footwear and Leather Fair 2015, which was held from 6th to 8th February at the BMICH, the Awards Ceremony celebrated the best and brightest of the industry. The exhibition was organised jointly by the Sri Lanka Export Development Board (EDB) and Industrial Development Board (IDB) in collaboration with the Footwea

Sampath contributes to psychological wellbeing of National Hospital patients

In compliance with their supreme business ethics of giving back to society, Sampath Bank partnered with the National Hospital of Sri Lanka, Colombo and engaged in a beneficial landscaping project, covering over an acre of land in sections A and K, including the main entrance of the hospital.

Lankem Robbialac colours Jaffna Cancer Hospital

The Northern Province of Sri Lanka, notably the city of Jaffna, has rapidly re-emerged into mainstream society and fast gained importance as a vibrant social, tourist and economic hub.

SLIM corporate educational programmes to boost staff performance

The Corporate Educational Program of Sri Lanka Institute of Marketing (SLIM), which was launched in 2010, has been highly successful and has contributed to the improved performance of companies in various industries such as Insurance, PharMa, FMCG, Mobile Telecommunications and Banking.

Harpic unveils superior toilet cleaning solutions

Reckitt Benckiser’s toilet cleaning brand, Harpic has expanded its range to include Harpic Ultra Power and Harpic Total Powder.The new additions to the Harpic range promises to tackle all the problems that are commonly found in the toilet. It has unique Triple Action power that removes tough stains, kills all germs and fights odours.

Admo Solar delivers 100% power saving to Wayamba PC office

Admo Solar, the renewable energy solutions division of Vinseth Engineering (Pvt) Ltd. has carried out a successful solar net metering project for the North Western (Wayamba) Provincial Council office complex recently.

Arpico promo offers 8 shoppers chance to witness World Cup final

Hot on the heels of its ‘Win the World’ promotion, the Arpico retail chain has announced it will send eight shoppers to the 2015 ICC Cricket World Cup final in Melbourne, significantly upping the ante in the supermarket stakes.

Genetic Screening launched in Sri Lanka today

Medical history will be created in Sri Lanka when Credence Genomics, the country’s first and only commercial Biotechnology venture, equipped with Next Generation Sequencing technology is launched at the SLFI at 5 p.m.

Jockey launches exclusive brand store in Colombo

Brand Jockey has launched an Exclusive Brand Store on Duplication Road in Colombo in the i nternational retail format.A visit to the Exclusive Jockey store will be a delight to the upwardly mobile customer.Women must check out the active bras, camisoles, capries, tees, and boxer shorts in vivid geometric patterns and colourful floral prints across a vast spectrum of bright colours, unusual shades and fun-filled hues. These 24x7 garments are sure

HSBC Colombo Fashion Week 2015 to focus on international promotion of Sri Lankan designers

In its 12th year, HSBC Colombo Fashion Week (CFW) launchesthe Spring/Summer 2015 (SS15) season with a renewed focus on promoting Sri Lankan designers in international markets by building their profiles, and creating a retail presence for them in Sri Lanka and online.

Richard Pieris December profits flat

Richard Pieris and Company PLC posted a net profit of Rs.474.81 million for its December quarter (3Q15), showing no growth year-on-year (YoY) due to increasing expenditure.

Click2Claim from Asian Alliance Insurance

to proceed on his journey and after online processing by the motor engineers of Asian Alliance Insurance, the value of the approved claim is informed via phone to the customer within minutes.

CL Synergy recognized with Excellence Award

CL Synergy is a pioneer in providing integrated innovating logistics and freight forwarding solutions.Attesting to the excellence that the company has achieved so far, CL Synergy was awarded the prestigious “Global Commerce Excellence Award” for 2014.

SLIA Annual Sessions off to a ceremonial start

The 33rd Annual Sessions of the Sri Lanka Institute of Architects (SLIA) 2015 got off to a ceremonial start at the Bandaranaike Memorial International Conference Hall (BMICH) on Tuesday.

DSI Samson Group planning to take brand globally: Group MD

Kulatunga Rajapaksa is the Group Managing Director of DSI Samson Group (Pvt) Ltd, possessing over fifty years of experience in the footwear industry.He holds B.Sc ( Honours ) from University of Peradeniya and served on several universities as a council member.

Ceylinco Life opens new branch in Ratnapura

Life insurance leader Ceylinco Life has opened its new branch office in Ratnapura in a custom-built building on company-owned land, consolidating its presence in the Sabaragamuwa region of Sri Lanka.

Nestlé 3Q contracts; FY14 net up 14%

The Sri Lankan unit of Swiss food and wellness giant Nestlé Lanka PLC saw its net profit contracting Rs.95 million year-on-year (yoy) to Rs.614.8 million during the December quarter (4Q14) amid significantly higher marketing, selling and distribution expenses.

Fitch to Host Sri Lanka Sovereign & Banking Roundtable 26 Feb

Fitch Ratings Lanka Ltd will be hosting its second Sovereign & Banking Roundtable on Thursday, 26 February 2015, between 8.00am - 2.00pm at the Balmoral Ballroom, The Kingsbury Hotel, 48 Janadhipathi Mawatha, Colombo 01, Sri Lanka

National Chamber to conduct EPF, ETF seminar in Sinhala

The National Chamber of Commerce of Sri Lanka will hold a half day seminar on “EPF & ETF (Sinhala Medium) on February 26th (from 1.30 p.m to 5.00 p.m) at the Chamber Auditorium.