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Sampath Bank is launching a five year debenture worth of Rs. 1.5 billion with an option to increase it by a further Rs. 1 billion if the issue is oversubscribed. The issue will be opened on Thursday 4 October. The debentures have been rated A + (lka) by Fitch Rating (Lanka) Limited and will be ...
- Fitch Rates Sampath Leasing’s Proposed Senior Debt at ‘A(lka)’ (Category: Breaking News)
- Fitch rates Sampath Leasing’s proposed senior debt at ‘A’ (Category: Business)
- Fitch rates Seylan Bank’s subordinated debt ‘BBB+’ (Category: Business)
RAM Ratings Lanka has reaffirmed the respective long- and short-term financial institution ratings of the People’s Bank at AAA and P1; the long-term rating has a stable outlook. The ratings are premised on the Bank’s position as the second largest licensed commercial bank in Sri Lanka, its above-average asset quality, good performance and healthy funding ...
- RAM reaffirms AAA/P1 ratings of People’s Bank (Category: Business)
- RAM reaffirms Sampath Bank’s ratings at AA/P1 (Category: Business)
- RAM reaffirms COMBank’s AA+/P1 ratings (Category: Business)
- RAM reaffirms the ratings of BBB/P3 to Union Bank (Category: Business)
Pradeep Carvalho was recently appointed as Head of Corporate Communication at Etisalat Sri Lanka. He joins Etisalat after serving in the capacity of Channel Communication Manager at Sri Lanka Telecom (SLT). Pradeep has experience not only in the highly competitive Sri Lankan Market but also in the US Market, working at Fortune 500 companies both ...
- Mobile Banking (Category: Business)
- Arabian Call (Category: Business)
- Tele Spend (Category: Business)
- Mobile Move (Category: Business)
A top level delegation from 29 colleges and universities, primarily from the US, will be in Sri Lanka fm 30 September to 2 October as part of the Council of International School (CIS) South Asia tour. A spokesman for Scholarships for USA said the representatives will talk to students and parents about the university admission ...
- Ranugge new Executive Director at TISL (Category: Business)
- 182 Experts Call For Debt Cancellation But Private Investors Play Hardball (Category: Breaking News)
- Top American schools in town (Category: Business)
- Tharshini’s advice for student placed at Tusculum College (Category: Business)
Dankotuwa continued its winning streak of export awards by winning a Gold Award at the National Chamber of Exporters (NCE) Awards ceremony held recently. Dankotuwa has consistently won awards for exports since 1989 and has an award under its belt almost every year since 1989. It won the pinnacle of NCE awards in 1996, 1997 ...
- Dankotuwa bags another gold at NCE awards (Category: Business)
- Dankotuwa Porcelain celebrates 28th anniversary with a two-day 28% discount offer (Category: Business)
- Dankotuwa Porcelain expands footprint in India - Appoints agents in Maharashtra, Goa (Category: Business)
- Another Gold For Dankotuwa Porcelain (Category: Business)
Richardson Projects is a subsidiary of the Richardson Group, which is a pioneer in Sri Lanka’s electrical products and infrastructure industry recently launched the successor to Moeller brand Eaton. Moeller and Eaton, two of the most established and respected names in the electrical sector came together as Eaton acquired Moeller in the year 2008. In ...
- Richardson CFL bulbs take on a new shine (Category: Business)
- Schneider Electric expands retail distribution (Category: Business)
- Phoenix to manufacture world renowned 21st century technology ‘FlowGuard’ (Category: Business)
- Browns Group FY12 revenue tops Rs. 14 b (Category: Business)
With transfer pricing becoming a broadly debated topic all over the world, the Deputy Commissioner of the Inland Revenue Department Gamini Wijesinghe recently declared the transfer pricing law is ready for practical application in Sri Lanka and will be applicable from 2012/2013. Addressing an informative presentation on Policies and Practical Considerations of Transfer Pricing organised ...
- LBO-LBR CEO Forum (Category: Business)
- LBO-LBR CEO Forum (Category: Business)
- Valuation (Category: Business)
- Price Hike (Category: Business)
next Sourcing, a wholly owned subsidiary of next Plc, UK, the retail clothing and accessory giant, recognised and acknowledged its supplier base at the Suppliers’ Seminar held at Park Street Mews Colombo recently. The event was celebrated under an ‘Olympics’ theme, in line with the companies’ successful supply of Olympic clothing to the British team, ...
- Next Sourcing Honors Supplier Base Performance In Sri Lanka (Category: Business)
- Consider Sri Lanka an ethical, profitable trading partner: British envoy (Category: Business)
- Industrial Gases begins dry ice production (Category: Business)
The Ceylon Chamber of Commerce, the main business chamber of the country has conducted a series of workshops in the regions of Uva, Northern, Southern, Eastern and Central with assistance provided by the Asia Foundation. These were successfully conducted with the help of the regional chambers in the relevant districts. A large number of regional ...
- Hospital asks community to adopt healthier lifestyles (Category: USA, North Carolina)
- Provincial workshops on bar coding, labelling and standards (Category: Business)
- SME businesses in Puttalam enriched by Seylan Bank and CCC workshop (Category: Breaking News)
- Plans for defence business (Category: Australia, Tasmania )
Three companies in the Industrial Fibre sector of the Hayleys Group were honoured for their contributions to Sri Lanka’s exports in 2011 at the 20th NCE Export Awards presented by the National Chamber of Exporters. Toyo Cushion Lanka (Pvt.) Ltd. won the Gold Trophy, medal and certificate in the ‘Agriculture value added – Medium Sector’ ...
- Ravi helps revitalise coir extraction (Category: Business)
- Hayleys quadruples 9-month net profit to Rs. 3.6 b (Category: Business)
- Hayleys ends 1Q with Rs. 17.3 b turnover; Rs. 861 m pre-tax profit (Category: Business)
- Hayleys wins record 14 awards at AgBiz 2012 (Category: Business)
Retailers of Hutch from all over the island had their dreams of sailing the super luxury Star Cruise Virgo turned to a reality recently. The retailers who worked for the promotion “Hutch Mega Millions” sailed the Star Cruise Virgo from Singapore. The lucky winners spent a night in Singapore and had ample time to do ...
- Luxury cruise from Chennai to Trinco (Category: Breaking News)
- Just let us cruise (Category: South Australia)
- Cruise numbers down (Category: Australia, Tasmania )
- Three cruise liners to carry 6,000 tourists (Category: Breaking News)
Etisalat Sri Lanka has partnered with Commercial Bank to introduce mobile banking via USSD (Unstructured Supplementary Service Data) technology, a global system for mobile communication used to send a text between a mobile phone and an application program in a network. Etisalat users can now enjoy the convenience of conducting their banking activities with Commercial ...
- Mobile Banking (Category: Business)
- Pocket Money (Category: Business)
- Commercial Bank expands country’s largest ATM network to 500 (Category: Business)
99X Technology, formerly known as Eurocenter DDC, was recognised as the Outstanding Exporter in 2011 in the Gold Category for the Export of Business and Professional Services Sector at the 20th NCE Export Awards, which was held on 21 September at Hilton, Colombo. The award benchmarks 99X Technology as an innovative thought leader in the ...
- 99X Technology wins Arch of Europe Gold Award for Quality and Technology (Category: Business)
- 20th Annual NCE Export Awards launched (Category: Business)
- Dankotuwa bags another gold at NCE awards (Category: Business)
Pintari Solutions is a cutting edge photography and video production studio. The team is headed by professional photographer Prishan Pandithage, a graduate of the prestigious Hallmark Institute of Photography, Massachusetts, USA. Backed by a crew of photographers, videographers, assistants, retouchers, video editors and back up staff with a combined experience of over 15 years including ...
- Friday, January 8th: The Moose Man Nature Photos (Category: USA, New Hampshire)
- Capturing the best sports photos from the biggest stages in 2020 (Category: USA, North Dakota)
- Capturing the best sports photos from the biggest stages in 2020 (Category: USA, North Dakota)
- Friday, January 8th: The Moose Man Nature Photos (Category: USA, New Hampshire)
Celebrating ties between China and Sri Lanka, the Sri Lanka-China Journalists Forum in collaboration with Embassy of China will present China Nanjing Little Red Flowers Children’s Art Troupe for the first time in Sri Lanka as ‘Red Flowers on Stage’ on 30 September and 1 October at the Nelum Pokuna Mahinda Rajapaksa Theatre. The exclusive ...
- Dancing envoys mark 55 years of Sino-Sri Lanka ties (Category: Breaking News)
- Chinese ballet at Nelum Pokuna Theatre (Category: Breaking News)
The Sri Lanka Embassy in Washington in collaboration with the Sri Lanka Tea Board has launched a vigorous campaign to promote Ceylon Tea in the United States. The focus of the campaign is to strategically and effectively position Ceylon Tea in the US market, which is currently experiencing a notable increase of tea consumption. ...
- Fresh Leaves (Category: Business)
- International Tea Day 2022 Celebration & Ceylon Tea Promotion in South Africa (Category: Breaking News)
- Export Focus (Category: Business)
- Beverage Benchmark (Category: Business)
The location of Sri Lanka has a strategic significance and this has been proven by the historical trading activities between Sri Lanka and ancient China, Egypt, and the Roman Empire. There is ample evidence to show that Sri Lanka was a main trading hub in Asia. The reasons for occupation of Sri Lanka by the ...
- Accelerating inclusive growth: The role of the external sector (Category: Business)
- Sri Lanka to revive FTA talks with India, China and Thailand (Category: Breaking News)
- Is Sri Lanka geared for globalisation? (Category: Business)
- EDB turns 33 (Category: Business)
At Standard Chartered, banking is certainly core business but this has never deterred or precluded the bank from contributing positively to communities which its business calls home. Standard Chartered is recognised globally as the single biggest corporate sponsor of avoidable blindness projects around the world. Seeing is Believing (SiB) is a major global public-private initiative ...
- Standard Chartered sponsors national athletes for Mumbai Marathon this weekend (Category: Business)
- Standard Chartered micro-finances Jaffna start-ups (Category: Business)
- Standard Chartered Bank continues supporting National Cancer Hospital (Category: Business)
- Standard Chartered Bank commemorates World Environment Day 2012 (Category: Business)
The Past Prefects’ Association of Zahira College Colombo is ready and counting down the days till the ‘Zahira Super 16 Soccer 7’s’ kicks off for the eighth consecutive year, beginning on 6 October at Zahira College grounds, Maradana, Colombo. A fancy stage will be set this year with organizers arranging a flood lit final match. ...
- “7th Zahira Super 16 Soccer 7’s – 2011” (Category: Business)
- Zahira College marks 120 year anniversary with sixes soccer tournament (Category: Business)
- Old Zahira to hold U20 all island inter-school hockey 7s on 10 June (Category: Business)
- Zahira Hockey Sevens 2012 (Category: Business)
Reuters: Sri Lanka beat New Zealand via Super Over in the first Super Eight stage match of the Twenty20 World Cup at the Pallekele International Cricket Stadium on Thursday. Opting to bat first, New Zealand posted 174 for seven wickets after Rob Nicol (58) and Martin Guptil (38) had provided them a strong start. Sri ...
- Charles and Gayle see off England despite Morgan heroics (Category: Business)
- Sammy keen to end West Indies’ title drought (Category: Business)
- Cricket-Sri Lanka beat New Zealand via Super Over (Category: Breaking News)
- Refreshed India seek revival in new season (Category: Business)
Top experts shared their secrets with more than 350 photography enthusiasts who gathered recently at the full-day seminar and workshop ‘The Big Click’ organised to enlighten on the newest technologies and skills on photography, held by Metropolitan Office Ltd., the sole authorised distributor for Canon cameras in Sri Lanka. At the event, Teoh Peng Kee, ...
- Friday, January 8th: The Moose Man Nature Photos (Category: USA, New Hampshire)
- Capturing the best sports photos from the biggest stages in 2020 (Category: USA, North Dakota)
- Capturing the best sports photos from the biggest stages in 2020 (Category: USA, North Dakota)
- Friday, January 8th: The Moose Man Nature Photos (Category: USA, New Hampshire)
The Commercial Credit Basket Ball Team triumphed recently winning the ‘B’ Division Mercantile Services Basketball Tournament held at the Otters Courts. Meeting Sri Lankan Airlines at the title encounter, Commercial Credit beat them with a convincing margin of 70 to 59 points. Coached by Panduka Ranasinghe, the Commercial Credit Basket Ball Team comprises (Captain) Manaram ...
- Sri Lanka create major upset in basketball Asia Cup (Category: Breaking News)
- Commercial Bank’s Men and Women Mercantile Table Tennis champs (Category: Business)
- Commercial Credit posts Rs. 1.2 b pre-tax profit in FY 12 (Category: Business)
Launches its latest international watch brands; prizes and surprises on offer this weekendDiamond Dreams, one of the leading and most accomplished jewellery brands in Sri Lanka, has always left its customers mesmerised and spoilt for choice with its exquisite jewellery collections. Established in 2009, Diamond Dreams has rapidly evolved to become the country’s favourite high ...
- Directors aren’t a rarity at Blue Diamonds (Category: Business)
- New Directors on Blue Diamonds Board (Category: Business)
- Fake Diamonds (Category: Breaking News)
- Blue Diamonds poor with profits, rich with MDs! (Category: Business)
THE events that unfolded with the swearing-in of a new Chief Minister to the North Central Province has brought into sharper focus the practice of collective bargaining in Sri Lanka, with the added dimension of family bartering. Since 2005, as the United People’s Freedom Alliance (UPFA) has entrenched its dominance over the United National Party ...
- Being brilliant in bargaining (Category: Business)
- Wijeyadasa Rajapakse inducted as BASL president (Category: Breaking News)
- Adidas eyes basketball boost after NBA lockout ends (Category: Business)
- NBA players reject offer, season in jeopardy (Category: Business)
South African High Commissioner for Sri Lanka Geoff Doidge hosted a cocktail function for the South African Cricket Team on Wednesday at the Cinnamon Grand, Colombo – Pix by Upul Abayasekara
With the T20 World Cup 2012 kicking off, the Hilton Colombo is ready to give all cricket lovers an ultimate T20 cricket experience from 27 September to 7 October at the Poolside from 3 p.m. to 10 p.m. Cricket fans can be a part of this spectacular game, together have a great time with loads ...
- Hilton, Roger (Category: USA, South Dakota)
- SLC elections to be held tomorrow (Category: Breaking News)
- No. 24 Cyclones inch past Oklahoma 64-63 (Category: USA, Iowa)
- No. 24 Cyclones inch past Oklahoma 64-63 (Category: USA, Iowa)
Running for the fifth year, the only show for Sri Lankan breed dogs, the Bouwwa Show presented by Blue Paw Trust and the Colombo Municipal Council is taking place this Sunday 30 September 2012 from 10 a.m. onwards at Town Hall Grounds, Colombo 7. There will be special dog shows, such as the Sri Lankan ...
- Government land policy is fair- Keheliya (Category: Breaking News)
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
With over 50 years of experience in creating mesmerising beauty, Lakmé since its inception has always celebrated beauty. Lakmé is dedicated to the contemporary woman’s exploration of the fine art of beauty by continuously innovating, offering range of high performance world class colour cosmetics, skincare products and state of the art beauty salons. Lakmé understands ...
- Unilever launches Lakmé Fruit Blast face wash (Category: Business)
- Time for a blast of colour! (Category: Business)
- Suicide Blast In Russia Kills 34 (Category: Breaking News)
- Bavarian Blast at Ceylon Continental Hotel (Category: Business)
With the rejection of the Cabinet decision proposed to resolve the problem of university academics, the issue seems to be dragging without a settlement. The lecturers’ main demands are a salary increase, increase in Government funding of the education system to 6% of GDP (Gross Domestic Product), end to political interference in education, and establishment ...
- Universities in crisis: Key learnings (Category: Business)
- Chaos in universities: A solution? (Category: Business)
- English as medium of instruction at Law College (Category: Breaking News)
- Medical education at crossroads (Category: Breaking News)
Sri Lanka has been able to attract US$ 452 million as foreign direct investments (FDIs) by the end of June this year, as opposed to US$ 413 million in the first six months of 2011, a government minister said.
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