The financial results of AVIVA NDB Insurance presented for the six months ending 30th June 2012 recorded consolidated revenue amounting to LKR 5,812 million. This was a decline compared to the corresponding period in the previous year.
Recent reports about a prime block of land in Colpetty belonging to a listed company in the island being sold off to a Chinese state-owned aviation company, has sparked off controversy, though it’s purely a private deal between the two companies.
Now read local and international news headlines from your mobile device from the comfort of your home or on the go as Sri Lanka’s premier connectivity provider Dialog Axiata PLC is offering its subscribers to catch the daily headlines on the go via MMS Newspaper from The Daily Mirror.
The Sri Lankan government needs to explore alternative models of financing in order to sustain its infrastructure development drive according to visiting Director, Global Infrastructure and Project Finance of Fitch Ratings New York, Cynthia Howells.
Unilever Sri Lanka demonstrated its commitment to its employees, emerging one of ten Gold Award winners at the recently concluded HRM Awards organized by the Association of Human Resource Professionals, in collaboration with AonHewitt.
Leading global public relations firm Burson-Marsteller has submitted its bid for the marketing of Ceylon Tea to the Sri Lanka Tea Board, according to Senior Advisor to the Global Strategy Team of BursonMarsteller, Martin Roll.
KFC in partnership with Pepsi recently sent 20 Sri Lankans on an all-expenses paid tour to Singapore which included an all access day pass to Universal Studios-Singapore, one of the foremost theme parks in the world.
Amana Bank has now opened its doors for banking on Saturdays facilitating greater convenience to its valued customers. Speaking on this initiative Amana Bank’s Head of Consumer Banking and Strategic Marketing Mr. Siddeeque Akbar said “We are committed to ensure convenience and peace of mind to our valued customers.
Marketer of Caltex branded lubricants Havoline, Delo and Lanka, Chevron Lubricants Lanka PLC’s net profit for the quarter ended June 30, 2012 rose 26 percent year-on-year (YoY) to Rs.533.2 million, the interim financials submitted to the Colombo Stock Exchange showed.
In the backdrop of stockbrokers and several high net worth investors/traders expecting Presidential intervention to unshackle the Colombo bourse from overregulation, a set of stockbrokers have welcomed the Securities and Exchange Commission’s (SEC) efforts in regulating the capital market in the country.
The brainchild of Kumar Sangakkara and The Foundation of Goodness, ‘Bikes for Life’ aims to raise funds to be gifted to children in the North; enabling them to pursue their education and providing them with an opportunity to enhance their quality of life.
Havelock City, the largest condominium development in Sri Lanka has newly fitted out a luxury penthouse duplex. Located on the 21st level and extending two floors up to level 23, these penthouses are unmatchable in terms of the intriguing play of volume.
Sri Lanka’s premiere boutique bakery, BreadTalk continues to wow customers from around the island with high standards, consistent quality and unique products; gaining massive popularity among both Sri Lankan and international expatriate consumers.
Sri Lanka’s leading blue-chip conglomerate, Aitken Spence PLC has come onboard, for the second year in row, as a lead sponsor for the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to help carry out its development activities for the year.
LBO: Credit to the state from Sri Lanka's banking system eased in May 2012 and loans to business were back at levels seen before the Central Bank began to sterilize foreign exchange sales last year, official data show. Credit to private sector rose Rs.36.1 billion in May 2012 to Rs.2,215 billion, up 33.5 percent from a year earlier.
CBSL maintains policy interest rates at their current levels
Fitch affirms Sri Lanka at ’Restricted Default’
Tourist arrivals below expectation: SLTDA
Sri Lanka economy slows ahead of presidential elections
Planned cuts to former presidents’ perks face legal hurdles
Govt. to conduct probe into e-visa fraud: Vijitha Herath
African leaders pour in congratulatory messages to President
Police security assigned for former MPs withdrawn