Dialog launches iPhone 6 Plus and 6 in Sri Lanka

Sri Lanka’s only authorised partner network for Apple iPhone, Dialog Axiata, launches the iPhone 6 Plus and the iPhone 6 in Sri Lanka today, dialing a new chapter in the country’s premier mobile device offering.

Siyapatha Finance gets CSE nod to list Rs.1bn debentures

The Colombo Stock Exchange (CSE) has approved in principle an application by Siyapatha Finance, a 100 percent subsidiary of Sampath Bank PLC, to list its debt securities.The company will be issuing 5 million subordinated debentures with an option to issue up to a further 5 million debentures at an issue price of Rs.100 per share.The subscription list of the issue will open on December 18, 2014.

Amana Bank Toastmasters Club holds its Charter Installation Ceremony

Amana Bank Toastmasters Club held its Club Charter and Installation Ceremony recently at the Sri Lankan Institute of Tourism and Hotel Management attended by members of the Toastmasters fraternity and employees of the Bank. Amana Bank Chief Executive Officer Mr Mohamed Azmeer graced the occasion as the Chief Guest while District Governor of Toastmasters District 82 (- Sri Lanka and Tamil Nadu) Distinguished Toastmaster Yusuf Jeevunjee was the

Avian Corporate Partner Awards 2014

 “If you believe in yourself and have dedication and pride - and never quit, you'll be a winner. The price of victory is high but so are the rewards.”-Paul Bryant

Durdans Heart Centre Pushing Quality Of Care Boundaries

Durdans Hospital established its flagship facility Durdans Heart Centre in 1999 with cardiac surgeries commencing in the year 2000. The first of its kind offering unmatched cardiac care, it revolutionised healthcare for the people of Sri Lanka.

DSI launches “Salvio” Diabetes Shoes

“Salvio”, a specially made range of Diabetes Shoes from DSI, has come to the aid of diabetes patients in Sri Lanka, enabling them to walk with comfort and the assurance that daily walking activities would not cause any harm to their sensitive feet. 

Hemas’ Wattala hospital expands orthopedic facilities

Hemas Hospitals-Wattala has acquired a Stryker 1288 HD laparoscopic system to upgrade its healthcare facilities on orthopedic surgeries recently.With this new facility in place, Hemas Hopsital-Wattala is very much at its brand promise of “Expert care, close at hand” to provide best quality healthcare facilities to its customers.

Ceylinco Life protects students of Ecole Internationale Kandy with unique policy

Ceylinco Life, the country’s leading Life insurer, has partnered with Ecole Internationale to develop an insurance policy that will enable the school’s students to continue their education in the event of the premature death or disablement of their parents.

Disrupt Unlimited Partners Microsoft To Help Start-ups

Disrupt Unlimited, the Brandix led start-up seed accelerator, has entered into a partnership with Microsoft to support innovators in its incubator programme with the technical resources and networking offered by the latter’s BizSpark initiative.

Huawei powers England cricket tour of Sri Lanka

Huawei, the leading global smartphone maker, together with the support of Singer Sri Lanka PLC, the country’s number one brand and smartphone marketer, who is the exclusive national distributor for Huawei, came forth as an official sponsor for the England Cricket Tour in Sri Lanka, which commenced on November 2, 2014.

Seylan Sweeps The Board At Global Marketing Excellence Awards

Seylan Bank bagged five awards at the recent Global Marketing Excellence Awards, including the coveted ‘Marketing Campaign of the Year’ becoming the most awarded organization at the glittering ceremony.

Harsha Cabral appointed Tokyo Cement Chairman

Dr. Harsha Cabral has been appointed the new Chairman of Tokyo Cement Company ( Lanka) PLC, becoming the successor of veteran businessman Edgar Gunatunge, who passed away last month.

SriLankan seals new codeshare deal with JAL

National carrier SriLankan Airlines, further consolidating its presence in the Far East, commenced a new codeshare partnership with Japan Airlines (JAL) effective December 2, adding to a series of codeshares with leading international carriers.

ComBank adjudged Sri Lanka’s ‘Bank of the Year’ in 2014

As its financial year draws to a close, Commercial Bank of Ceylon (ComBank) has achieved yet another milestone, being declared Sri Lanka’s ‘Bank of the Year’ by the respected UK-based ‘The Banker’magazine.

Singer Sri Lanka in Rs.1.5bn debenture issue

Singer (Sri Lanka) PLC, one of the country’s top consumer durables retailers, will be issuing debentures worth Rs.1 billion, with an option to extend the value up to Rs.1.5 billion in case of oversubscription.Accordingly, the company will issue 10 million debentures with a price tag of Rs.100 per share, with an option to issue further five million shares in the case of an oversubscription of the first tranche.

Burnetters Celebrate 15th Anniversary in Galle

The team members of Leo Burnett Solutions Inc (LBSI), the Sri Lankan office of the internationally acclaimed advertising agency network Leo Burnett Worldwide, recently travelled to Jetwing Lighthouse in Galle for their annual PlayShop. This highly anticipated annual event included a combination of activities and team building exercises which enabled team members to bond with each other.  Commemorating 15 years of success in Sri Lanka, the

Capital Alliance Ltd (CALT) Records Strong Performance and Growth in H1

Capital Alliance Ltd (CALT), the leading primary dealer in government securities recorded a profit after tax (PAT) of Rs. 555.87 million for the first half of the FY 2014/2015 ending 30 September 2014. Strong partnerships with clients, combined with an in-depth understanding of their needs, helped CALT to consistently add value to all client investments in H1 of 2014. CALT’s strong performance was also a result of the aggressive trading

GroupM Circuit Colombo 2014 to pave way for newest phase in media

Global digital expert and leading media innovator GroupM announced GroupM Circuit Colombo 2014, which will take place i n Colombo on December 4, featuring an impressive lineup of speakers and a comprehensive programme.

Cool Planet enters hill country

This year, Cool Planet marked the launch of its 6th store to further strengthen its growing portfolio in the country by expanding into Sri Lanka’s famous heritage city of Kandy. The multiple brands combined with the contemporary look and feel of the store will cater to various age groups of young and stylish audiences and will deliver customer engagement and satisfaction. Cool Planet Kandy, in all its elegance, is located in Peradiniya R

DHL, UNDP prepare airport staff for disaster relief logistics

Deutsche Post DHL, the world’s leading mail and logistics services group and the United Nations Development Programme (UNDP) in partnership with the Ministry of Disaster Management and Ministry of Civil Aviation has kicked off a disaster preparedness initiative ‘Get Airports Ready for Disaster’ (GARD) workshop in Colombo.

Brandix wins Gold for energy efficiency

A Brandix apparel factory manufacturing lingerie for international labels has been recognised as Sri Lanka’s best in energy conservation with the 2014 ‘Vidulka’ Gold award at the country’s apex awards for energy efficiency.

MTI develops Analytical Instruments’ strategic plan for next decade

Analytical Instruments ( AI) has acquired the expertise of MTI Consulting to develop its strategic plan for the next 10 years.The project kicked off on July 11 and is at the initial stages of the strategy development exercise. MTI’s Bahrain-based CEO Hilmy Cader will be taking onthe lead on this project given MTI’s impressive credentials in strategic planning, both in Sri Lanka and the region.Analytical Instruments, which was estab

ACCA to hold seminar on tax computation and compliance

Taking into account the importance and benefit that organizations will derive by having an in depth knowledge and understanding of the requirements and essential facts of taxation rules and regulations, the Association of Chartered Certified Accountants (ACCA), has organized a seminar that aims to share some insights into basic direct and indirect computation and compliance requirements of a company.

Abans and SilverNeedle break ground for US$ 150 mn mixed-lifestyle centre

Local conglomerate Abans Pvt Ltd and Singapore-based SilverNeedle Hospitality began the construction of their US$ 150 million mixedlifestyle ‘Colombo City Centre’ yesterday, after Ministry of Defence and Urban Development Secretary Gotabaya Rajapaksa laid the foundation stone on the property off Sir James Pieris Mawatha, Colombo 02.

Hunter & Co. divests land for Rs.253 mn

Hunters & Company PLC, the parent company of Lanka Canneries Ltd., announced recently that it had sold a land and buildings in Bankshall Street to Supemova Holdings (Pvt.) Ltd for Rs.253.5 million.

Renuka Holdings’ Rs.1.03 bn rights issue oversubscribed

Renuka Holdings PLC’s rights issue raising Rs.1.03 billion closed on November 28th, after being oversubscribed, attracting applications over and above t he number offered under rights.

WOW.lk Showcases a Range of Products at the Family Fair 2014

Sri Lanka’s largest online shopping mall, WOW.lk recently  partnered with the Family Fair 2014,  as the official online sponsor of the event. The Family Fair 2014 is one of the biggest industry exhibitions in the country and was held at the BMICH this year.  WOW.lk hosted its own WOW zone at the event and WOW.lk’s partner merchants also showcased an array of products and special offers. 

ITCONNECT receives BOI status

TCONNECT, an Information Technology service provider in Asia Pacific with staff in offices across Sri Lanka and Australia, United States, China, India and Vietnam was recently awarded BOI status (Board of Investment Certification). ITCONNECT is a leading IT solutions and service provider in Australia coming under the BPOCONNECT group.The objective of ITCONNECT is to create a best-in-class delivery infrastructure to tap into the Sri Lankan tale

Cinnamon Hotels Unfold ‘Christmas In The City’ Initiative

Special Hospitality Desks are now open in all three properties as part of this firstever ‘Cinnamon Christmas in the City’ initiative with a seasonal brochure highlighting all events lined up for the holiday season, catering to both adults and kids alike.In keeping with the Cinnamon promise of lifestyle experiences, special areas have been allocated traditional yuletide specialities such as mince pies, rich cakes, macaroons, honey f

Arpico Insurance in Rs.79.5mn IPO

The Colombo Stock Exchange (CSE) has approved in principle an application by Arpico Insurance Limited to list the company’s shares issued by way of an Initial Public Offer (IPO) on CSE’s secondary Diri Savi board.