Finlay Rentokil Obtains ISO Certification

Finlay Rentokil Ceylon (Pvt) Ltd, a subsidiary of Finlays Colombo PLC, was recently awarded the prestigious ISO 9001: 2008 certification for excellence in Quality Management Systems certifying timber preservation by a vacuum pressure impregnation process and using wood preservatives – a process that is unique in the market. This award was made by the Sri Lanka Standards Institution.

Bharti Airtel Q4 net falls 28%

Bharti Airtel, India's biggest mobile phone carrier by subscribers, reported its ninth straight quarterly profit decline as intense price competition and losses on foreign exchange eroded earnings

NSB pays premium to buy 13% of The Finance

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 stocks

Ministry of Foreign Affairs Press Statement Appointment of Singapore’s Honorary Consul - General in

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.

GSK opens Rs.217 millon pharma factory

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.

Emirates announces special fares for HSBC Signature cardholders

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 excels at Goa Fest

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 – Dulux and the Sri Lanka Eye Donation Society (SLEDS) last weekend in Goa.

Hutch Launches 3G with A Planned 1000 BTS

Lankans to eat more chicken in next five years

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 country said.

Family members join Brandix to honour employees

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 recently at the Sugathadasa Indoor Stadium.

Tata Sons director appointed to Hemas board

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

Premasara Epasinghe’s Voice on Hutch Cricket Commentaries

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.

HNB gets int'l rating

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

ALUMEX – “Service Quality' and 'Motivation” 2012

Heritance Ahungalla unveils $35mn sapphire-studded cake

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 year

February tea output slips marginally

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

BE PREPARED TO FACE MEDICAL EMERGENCIES

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 forerunner AVIVA NDB Pensions which created a paradigm change in the market place last year. 

Hutchison Telecom Acquires Orange Austria for EUR1.3B

Standard Chartered Sri Lanka gets AAA

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 unveils 4G iPad

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 - STRATEGIC SPONSOR FOR ARCHITECT 2012

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 the Sri Lanka Institute of Architects.

Nissan to revive Datsun brand for emerging markets

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

Hutch Partners Commercial Bank for SMS banking

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.

S&P lowers SL’s sovereign rating outlook

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-

Colombo Diabetic Foot Conference 2012

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 Diabetes Patients.

Fitch withdraws on Hayleys

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

OUTSTANDING Entrepreneurship Award 2012

India's Jubilant Foodworks plans 2 more stores in SL

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 books Rs.630mn capital gain via terminal stake sale

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) Company Limited (CMHI)

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