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DFCC Bank (DFCC) and DFCC Vardhana Bank (DVB) consolidated and integrated their presence on the information superhighway into one location through the launch of their new website www.dfcc.lk. With a view to delivering seamless banking services through a convenient, easy to navigate portal, the Banking Group hopes to meet the financial needs of the cyber ...
- “Make a Major Change in Leasing with “DFCC Bank – Unlock the Most Affordable Option in the Market” (Category: Breaking News)
- DFCC Vardhana Bank takes exclusive personalised banking to Jaffna (Category: Business)
- DFCC Vardhana Bank opens 125th branch in Kegalle (Category: Business)
- Narrowing Margins (Category: Business)
The DFCC Group yesterday disclosed that it has posted a consolidated profit after tax of Rs. 2,973 million for the financial year 2011/12. The figure is an increase of 37% over the Rs. 2,170 million recorded in the previous year (excluding the exceptional profit relating to the reduction of DFCC’s shareholding in Commercial Bank of ...
- DFCC Group posts Rs. 702 m after tax profit in 1Q (Category: Business)
- DFCC Vardhana Bank PAT up by 92.5% (Category: Business)
- Strong growth at DFCC Vardhana Bank in 1H (Category: Business)
- Fitch affirms DFCC Vardhana Bank at ‘AA-’ (Category: Business)
By Damien The Secretary to the treasury Dr. P.B Jayasundera recently made statement that the country is wasting the foreign currency on things that can be made in this country. I would like to add to this by stating that as a country we should have clear targets and policies that are aimed at both ...
- Subsidized student loan scheme through commercial banks in addition to existing interest-free st... (Category: Breaking News)
- Banks lift overseas spending limits imposed on credit cards as dollar liquidity improves (Category: Breaking News)
- Ten problems; one solution (Category: Business)
- Causes Of Economic Crisis In Sri Lanka & Lessons For A New Age (Category: Breaking News)
Everybody looked as if they were something out of Jurassic Park. It was probably the eerie blue lighting. As I perched myself on a chair I whispered softly to my companion on my right that she looked good. She actually did. Despite the awful lighting – perhaps because she had wisely chosen white for her ...
- Test cap in sight (Category: Australia, Queensland)
- Nowhere to hide from wind and snow after blizzard takes over Council Bluffs Friday (Category: USA, Nebraska)
- Nowhere to hide from wind and snow after blizzard takes over Council Bluffs Friday (Category: USA, Nebraska)
- Nowhere to hide from wind and snow after blizzard takes over Council Bluffs Friday (Category: USA, Nebraska)
By Cassandra Mascarenhas The biggest mobile forum in the region, the South Asian Mobile Conference was held for the third year in Colombo earlier this week, bringing together some of the world’s top experts in the mobile sphere, developers of the next generation, researchers, academics and policy makers, creating a platform for a chance of ...
- Creating digital inclusion and regional connectivity (Category: Business)
- Microsoft, Nokia unveil new Lumia smartphone (Category: Business)
- Google+ and Apple iCloud bring mobile platform battle to the cloud (Category: Business)
CHENNAI (TrustLaw): Indian villager Jaya places the bright pink, sequined, moulded C-cupped designer bra under the needle of her sewing machine and carefully stitches the seams together. The padded “Very Sexy” push-up bra which 22-year-old Jaya sews is for American lingerie retailer Victoria’s Secret – designed to give a “boost” to buyers in hundreds of ...
- Kate Moss and Lara Stone strip for Pirelli calendar (Category: Business)
- D’Divas brings haute couture to Cambridge (Category: Business)
- Leaders unequal - Women in South Asia (Category: Business)
- Women’s political participation must be accelerated through quotas (Category: Business)
The first quarterly draw of the Nations Trust Bank (NTB) Nations Saver Promotion was held recently in the presence of an official from the Western Provincial Council and six winners from each branch were selected and awarded an array of electrical home appliances. The prizes included a double door refrigerators, 22” LCD televisions, washing machines, ...
- Nations Trust Bank opens Personal Banking Centre at Keells Super, Rajagiriya (Category: Business)
- NTB partners National Exchange Company of Italy to extend global remittance network (Category: Business)
- NTB takes 365-day banking to the city of gems (Category: Business)
- NTB extends reach to Malabe (Category: Business)
E.A. Dayawathie (56), a year teacher from Matugama recently won the top prize of Rs. 1 million in Seylan Bank’s (February) ‘Thagi Pita Thagi’ draw, becoming the fourth millionaire to date. “I never expected to win the top prize. And yes of course I am very happy,” she says. With 24 years teaching experience, Dayawathie ...
- Seylan launches ‘Thagi Pita Thagi’ with mega benefits on offer (Category: Business)
- Seylan Bank’s ‘Thagi Pita Thagi’ draw yields 7,890 winners so far (Category: Business)
- Winners galore in Seylan Bank’s ‘Thagi Pita Thagi’ draw (Category: Business)
Cross-border shopping is costing the Canadian economy much more than believed and new rules raising duty-free limits will only make matters worse, says a new report by the Bank of Montreal.
Reuters: US President Barack Obama has $ 500,001 to $ 1 million in a JPMorgan Chase private client asset management checking account, according to financial disclosures released by the White House on Tuesday. Obama said this week that JPMorgan was “one of the best managed banks there is” despite its $ 2 billion trading loss ...
- Obama pledges tough enforcement of Wall Street reforms (Category: Business)
- JPMorgan CIO retires, Obama says proves reform case (Category: Business)
- Obama says it’s clear US economy ‘not doing fine’ (Category: Business)
- Obama reveals daughter Malia’s boyfriend quarantined with the family (Category: USA, New York)
An internship with MAS Holdings, Deutsche Bank and DialogCorporate heavyweights MAS Holdings, Deutsche Bank and Dialog Axiata PLC are in search of the next batch of exceptional interns to join their annual Summer Internship Program, commencing July 2012. This joint initiative is rated one of the best internship programs in the island and has been ...
- Major summer internship program kicks off (Category: Business)
- MAS-Deutsche Bank-Dialog Summer Internship Program ends successfully (Category: Business)
- Deutsche Bank rolls out new integration solution for Dialog Axiata (Category: Business)
- Dialog empowers 7.5m with mobile money transactions (Category: Business)
As we approach VESAK I am readying myself to witness first hand the hypocrisy of this nation. Led by the government of Sri Lanka and the totally abhorrent laws concerning alcohol its sale and consumption the public led by those with ecclesiastical authority pay scant regard for the laws of Sri Lanka. On the one ...
- Vesak Day Celebrations in Sri Lanka (Category: Breaking News)
- Unite in solidarity to rebuild an affluent Sri Lanka – President (Category: Breaking News)
- President participates in Vesak festival, receives blessings (Category: Breaking News)
- Sri Lanka President Ranil Wickremesinghe’s Message for 2023 Vesak Day (Category: Breaking News)
The solar energy development will not face any obstruction as it generates energy through sunlight. Being alternative energy source, it is sustainable as well as eco-friendly. An American political activist Ralph Nader writes- 'the use of solar energy has not opened up because the oil industry does not own the sun. 'Yes! if we use the costly diesel generators to tide over long load shedding...
- How long will power cuts be? (Category: Breaking News)
- NO POWER CUTS (Category: Breaking News)
- No power cuts without advance notice – CEB (Category: Breaking News)
- Power cuts during today as well (Category: Breaking News)
Sri Lanka spent Rs. 56 b on above-the-line advertising in 2011 Taking wing to India for meetings is a usual routine for any business leader attached to a multinational in Sri Lanka as most such organisations have their regional offices in India. During a recent visit to India, the hype surrounding IPL – 5th edition ...
- The brand IPL is about highlighting performance (Category: Business)
- A brilliant marketer? (Category: Business)
- Storms brewing in teacups (Category: Business)
- ‘Pure Ceylon Tea’ or ‘tea hub’? The billion dollar question (Category: Business)
The need for an integrated program on a war footingIn 2008, eight prizewinning economists were asked to list the type of projects which would do the most good for the most number of poor people, if they had an imaginary $ 75 million to spend. Half of their proposed projects involved nutrition. There has been ...
- Sri Lanka: Tea rich but nutrient poor (Category: Business)
- Dairy: The mirage of self-sufficiency (Category: Business)
- Equity and well-being in Sri Lanka (Category: Business)
HDFC Bank held its New Year lucky draw which was organised for the first time at the Bank’s Head office recently. HDFC Chairman Siromi Wickramasinghe was the Chief Guest at the draw and HDFC Acting CEO/GM S. Dissanayake and Bank’s Senior Management and other officers, an independent panel of judges attended this event. The promotion ...
- Mortgage Profits (Category: Business)
- Containing Risk (Category: Business)
- Off Curve (Category: Business)
- Wider Margins (Category: Business)
By Marianne David HSBC and the British Council launched ‘HSBC Youth Enterprise Awards 2012’ yesterday, a business plan contest aimed at recognising young entrepreneurs in Sri Lanka. Open to Sri Lankan undergraduates, postgraduates and students aged 16 to 26 representing universities, private higher education institutions, technical and vocational institutions and professional training ...
- HSBC and British Council recognise talented young entrepreneurs (Category: Business)
- British Council and HSBC to assist Sri Lankan students (Category: Breaking News)
- Rio de Janeiro to host 2013 Global Entrepreneurship Congress (Category: Business)
HNB Pathum Vimana, the biggest deposit draw in Sri Lanka, has rewarded countless Sri Lankans with amazing prizes over the last twenty years. The lucky winners of the Pathum Vimana 2011 draw received their prizes at a ceremony organized by Hatton National Bank. The prize presentation for the winners was held at HNB Towers on ...
- HNB donates school books in Nochchiyagama in conjunction with Deyata Kirula 2012 (Category: Business)
- HNB promotes Pathum Vimana 2012 (Category: Business)
- Independence Day launch for HNB Pathum Vimana 2012 (Category: Business)
- HNB launches Pathum Vimana 2012 on Independence Day (Category: Business)
By Faraz Shauketaly The National New Year celebrations – Sinhalese and Tamil New Year – provides an unparalleled opportunity each year to visit friends, relax and simply do nothing. It is also an opportunity to make all the politically correct sound bites and assure anyone and everyone including pedantic outlaws (read in-laws) how very much ...
- Tsunami warning lifted in SriLanka (Category: Breaking News)
- No Tsunami threat for Sri Lanka (Category: Breaking News)
- Tsunami warning to be reviewed in an hour: East urged to be vigilant (Category: Breaking News)
- Tsunami preparedness pays off (Category: Business)
With ending of the Maha season paddy harvesting, newspapers and TV have been highlighting problems encountered by farmers in disposing of their harvest. Due excellent weather, free from drought, flood and disease, farmers have received a bumper crop but the problem is to convert the harvest into cash, in order to settle debts incurred in ...
- ‘Fodder’ for thought (Category: Breaking News)
- Govt. all hat no cattle (Category: Breaking News)
- The drought, Mahaveli waters and the farmer (Category: Business)
- Drought and lessons learned (Category: Business)
Reuters: U.S. employers hired far fewer workers in March than in previous months, keeping the door open for the Federal Reserve to provide more monetary support for a still sluggish economy. The report was seized upon by Republicans hoping to make the weak economy the centerpiece of their campaign for November’s presidential and congressional elections. ...
- U.S. jobless rate drops to 2-1/2 year low (Category: Business)
- US economic fix could take years: Obama (Category: Business)
- US employment rate improves a bit (Category: Business)
- Asian shares fall on sluggish US jobs, focus on more data (Category: Business)
The challenges Sri Lanka has to face in its march towards development are manifold. Although the war has ended the wrong political ideologies, the proposals and timetables it created are still in operation. By Government Information Department Additional Director General Chandrapala Liyanage Similarly, various social activity groups and individuals and organisations operating under the advice ...
- President’s leadership led to great achievements in ICT: Weeratunga (Category: Business)
- Building resilience in Asia Pacific’s digital society (Category: Business)
- Namal on dynasties and democracies (Category: Business)
- EDB turns 33 (Category: Business)
The appointment of tycoon Harry Jayawardena’s daughter to the Board of Hatton National Bank (HNB) on Friday has brought with it several interesting developments. Harry J resigned from the HNB Board in December 2011 after being on it for over 20 years. Harry-controlled companies own 18.3% voting shares and 15% of total capital. A nominee ...
- Top engineer Rohan appointed to HNB Board (Category: Business)
- Harry’s daughter, Rusi Captain among new faces on HNB Board (Category: Business)
- Harry’s 23-year stint on HNB Board ends (Category: Business)
- Amitha to be appointed MD of Harry’s Melstacorp (Category: Business)
Seylan Bank has already awarded a total of 7890 winners in its blockbuster ‘Thagi Pita Thagi’ draw since its grand launch in October last year. Hailing from different parts of Sri Lanka, the lucky customers have won from an array of prizes such as monthly Rs. 1 million, motor bikes, LCD TVs, refrigerators, home entertainment ...
- Winners galore in Seylan Bank’s ‘Thagi Pita Thagi’ draw (Category: Business)
- Seylan Bangkok tour winners set to take off (Category: Business)
- HNB Pathum Vimana 2011 prize winners get their rewards (Category: Business)
- Union Bank Save and Win promotion produces 100 lucky winners (Category: Business)
Reuters: Federal Reserve policymakers on Monday signaled little appetite for further monetary steps to stimulate U.S. growth in an economy that is gradually strengthening. “With my current outlook, I think our policy stance is still the one best suited to foster steady gains in output and employment and to maintain stable prices,” Cleveland Fed President ...
- Twisted (Category: Business)
- Low Rates (Category: Business)
- Liquidity Trap (Category: Business)
- Dollar Gambit (Category: Business)
The Platinum Honours is an annual event that is held by the Alumni of the Postgraduate Institute of Management (PIM) in order to recognise the PIM graduates who perform exceptionally well in their careers. This is a prestigious recognition that motivates graduates to continue with significant growth and performance. This year’s ceremony will be held ...
- PIMA Honours Prof. Uditha Liyanage (Category: Breaking News)
- PIMA Platinum Honours 2011 (Category: Business)
- Rajudin appointed as Arpico Finance MD (Category: Business)
- Dr. Kalam to address PIMA, CIMA forum on Sunday (Category: Business)
HSBC has partnered the Export Development Board (EDB) to be the Principal Sponsor – Banking Sector of the Sri Lanka Expo 2012, which began yesterday at the BMICH. It is on until Saturday from 10.a.m. to 8.p.m. The premier international trade fair aptly themed ‘Partnering with the Hub of Asia’ is expected to attract over ...
- All set for new chapter in exports as Expo 2012 opens today at Bmich (Category: Business)
- Sri Lanka asks exporters to push product quality (Category: Business)
- Over 55 tour agents, 50 international journalists for Expo 2012 (Category: Business)
- ‘Expo 2012’ promoted in Dubai (Category: Business)
With the recent relaxing of the rupee exchange rate and subsequent increase in fuel prices, trade unions and the opposition parties are conducting protest campaigns against the Government, demanding a reduction in oil prices and the cost of living. This article investigates the living conditions of citizens in the recent past and present, quality and ...
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- The Economic Impact of Exchange Controls (Category: Business)
- Living with debts (Category: Business)
- Strategies on reducing or getting out of foreign debt (Category: Business)
HSBC will celebrate the New Year season in traditional style this year by engaging its customers and merchants in ‘Pancha Keliya,’ an Avurudu activity, from 15 March to 30 April 2012. To begin, cardholders will be treated to sensational savings ranging from 10%-50% complimented with ‘Buy One Get One Free’ deals and many more offers ...
- The Big Deal Avurudu Lifestyle Fair a huge success (Category: Business)
- Avurudu awakening (Category: Business)
- Special menus for take away and delivery during Avurudu from The Commons (Category: Business)
- More exciting deals for Commercial Bank cardholders this Avurudu (Category: Business)
aHSBC has partnered Asia Exhibition and Conventions to hold the biggest exclusive lifestyle fair, ‘The Big Deal,’ scheduled to be held from 23-25 March at the BMICH. This comes in the wake of the bank’s latest campaign, ‘Wake Up!’ which inspires customers to live their unspoken dreams with the assistance of a Lifestyle Loan. ...
- Affordable loans to meet lifestyle needs from HSBC (Category: Business)
- The Big Deal Avurudu Lifestyle Fair a huge success (Category: Business)
- HSBC launches new Lifestyle Loan (Category: Business)
- A journey to remember – the Singer Kitchen Sawari (Category: Business)
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