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Serendib Flour Mills (Private) Limited (SFML), manufacturers of the high quality ‘7 Star’ brand wheat flour, recently raised Rs. 1.70 billion and US$ 14.50 million (a total amount equivalent to approximately US$ 27 million) to finance its permanent working capital requirements of the company, through a long term syndicated loan facility. NDB Investment Bank Limited ...
- NDB Group 2011 profits up 35% to Rs. 2.9 b (Category: Business)
- NDB Bank’s net profit up 13% to Rs. 1.7 b by September (Category: Business)
- DEG provides $ 21 m loan to NDB Bank to strengthen SME sector (Category: Business)
- CDIC buys 5% Aviva NDB Insurance stake from NDB (Category: Business)
By Cassandra Mascarenhas Sri Lanka’s first-ever digital ready and HD ready television station, Hiru FM, will be launched on 23 May at 6.02 a.m., Asia Broadcasting Corporation announced yesterday. It marks the organisation’s foray into Sri Lankan television under its flagship brand Hiru after enjoying much success in the radio industry. Hiru TV will be the ...
- ABC’s Hiru TV gears to shake up the television industry (Category: Business)
- Stars for Hiru TV (Category: Business)
- Video: Hiru TV (Hiru Television) Introduction - www.hirutv.lk (Category: Video)
- Hiru FM blames Thilanga for Colombo defeat (Category: Breaking News)
Prodigious cricketer, Sri Lanka Cricket Captain Mahela Jayawardena, probably one of the best cricketing brains to be produced by Sri Lanka joined the higher educational expo Future Minds 2012 as its brand ambassador. Starting his career with flying colours as a youngster full of skill and style, Mahela made the best of every opportunity that ...
- Commercial Credit powers Future Minds 2012 (Category: Business)
- Mahela To Bat For Future Minds 2012 (Category: Business)
- Gota urges educated youth to take country forward (Category: Business)
- Secretary Defence Declares open the Future Minds 2012 Exhibition at BMICH (Category: Breaking News)
The three winners of Sri Lanka Science and Engineering Fair (SLSEF) 2011 – Chathura Saman Kumara from Pinnawala Central College, Rambukkana, Maleen Wijeratna from Maliyadeva College, Kurunegala, and a team comprising Pipunika Vimanthi Silva and Nipun Kavishka Silva from De Mazenod College, Kandana – will travel to Pittsburg, PA in the USA to represent Sri ...
- Intel celebrates five years of supporting education in Sri Lanka (Category: Business)
- Intel ‘Education Pavilion’ at Infotel 2011 showcases students’ ICT achievements (Category: Business)
- SLSEF winners felicitated by Education Ministry and Intel (Category: Breaking News)
- Intel promotes Global Competition through ISEF (Category: Breaking News)
Reuters: Sri Lanka’s Securities and Exchange Commission (SEC) wants listed companies to have a free float of at least 10 per cent to increase market liquidity and could make a decision on the matter this month, the Head of the regulator said on Tuesday. Foreign investors have long been reluctant to invest in the country’s ...
- SEC won’t bow to pressures on probes: Chairperson (Category: Business)
- SEC’s Acting DG aims to boost market’s integrity, foreign holdings (Category: Business)
- Under fire official of SEC to take up new post (Category: Breaking News)
- IMF joins chorus against SEC Chief’s exit (Category: Business)
As a habit I unwind in the night by watching NDTV mainly due to the powerful ideas that it tells the world; especially the programmes like ‘The Buck Stops Here’ and ‘We The People’ are cutting edge, in my view. Last week there was a breaking news update that cricketing legend Sachin Tendulkar was accepting ...
- Sachin Tendulkar sworn in as MP (Category: Business)
- Cricket-ICC chief happy with 50-over format (Category: Business)
- Case filed against Sachin’s political play (Category: Business)
- Lanka tour will help prepare for World T20: Dhoni (Category: Business)
By Gowribalan “Ana” Vamadeva An American education provides students a well rounded academic preparation with primary focus in their discipline of choice and secondary exposure in many other fields. The General Education Curriculum requirement that every student pursuing a baccalaureate degree is exposed to helps achieve a wealth of knowledge in subjects that they have ...
- UC co-op placement numbers rebound, UC students earn collective $ 43 million (Category: Business)
- Making higher education meaningful and affordable to Sri Lankan youth (Category: Business)
- University of Cincinnati’s Director in town next week (Category: Business)
- UC offers scholarships to countries in South Asia (Category: Business)
Jaipur: Star batsman Kevin Pietersen played his last match for Delhi Daredevils this season against the Rajasthan Royals here on Tuesday and will go back home for England’s home series against the West Indies. The second-highest runscorer for the Daredevils and the lone centurion for the side this season, Pietersen has batted like a true ...
- RCB signs Oz allrounder McDonald from Delhi Daredevils (Category: Business)
- Mahela to lead Delhi Daredevils (Category: Breaking News)
- Pietersen not in England’s provisional T20 squad (Category: Business)
- England jealous of Indian Premier League: Pietersen (Category: Business)
Baurs Annual Sales and Distributor Convention 2012 was held recently at the Hilton Residences, recognising and honouring the company’s dedicated sales and marketing force as they celebrated a successful year, marked by increase of overall progress. CEO T.F. Daetwyler and COO L.D. Niyangoda graced the occasion as the Chief Guest and Guest of Honour. In ...
- Baurs Fetes Performers (Category: Breaking News)
- Baurs’ sister company visits Sri Lanka (Category: Business)
- FMCG Business a key focus area for Delmege (Category: Breaking News)
- On the occasion of the visit of Philippe Ilg……. (Category: Business)
Bartleet Finance Plc has announced the appointment of veteran financier S. Sirikannathan to its board as a Non Executive Director. ‘Sri’ as he is affectionately known, counts over 40 years of audit experience and was the engagement partner in audits of star-class hotels, conglomerates, development organisations, multinational banks, finance companies and several listed companies....
- Red Ink (Category: Business)
- Finance Losses (Category: Business)
- Finance Recovery (Category: Business)
- Finance Listing (Category: Business)
Sri Lanka Women held their nerves to beat West Indies Women by one wicket with two balls to spare. With the win, Sri Lanka have squared the three match ODI series, with a match remaining. Chamani Seneviratna was the star of the match with a quick 36 during the chase, following her two wickets during ...
- Sri Lanka & Windies share spoils (Category: Breaking News)
- Sri Lanka- Windies ODI series postponed (Category: Breaking News)
- Daley continues to torment Sri Lanka (Category: Breaking News)
- Daley continues to torment Sri Lanka (Category: Sports)
Olivia Newton-John’s appeal seems to be timeless. With a career spanning more than four decades she is still a vibrant, creative individual that is adored by fans across the world. So is the timeless appeal and passion ascribed with Mercedes-Benz from 1886, when the automobile was invented. Therefore it is fitting that a world class ...
- Olivia’s oomph in Colombo (Category: Business)
- Olivia Newton John in Colombo (Category: Breaking News)
- Patients launch campaign for cancer centre (Category: Australia, Victoria)
- Baillieu commits to funding cancer centre (Category: Australia, Victoria)
In the past a dreamer was viewed as insane, whereas especially after the world renowned Martin Luther King, Jr. people have realised that it is no longer holds true. Today the ability to win the world lies on the power of dreaming and it is very important that although we may be tempted to deviate from our dream ...
- 26th National CA Students’ Conference on 4 April (Category: Business)
- CA Sri Lanka’s Vindya Cooray brings honour to Sri Lanka (Category: Business)
- ‘Gurunena’ program by CA Sri Lanka enlightens teachers (Category: Business)
- CA Sri Lanka to explore mechanisms for beyond budgeting (Category: Business)
Castrol liquid engineers two wins and eight podiumsSri Lanka’s foremost motor racing team EZY Racing, liquid engineered by Castrol completed yet another dominant racing weekend when their Ace driver Pasindu Pieris in the SLGT up to 3500CC category driving his EZY Mitsubishi ER9 and daredevil Sajaad Zuhair in the SLH 1500CC category in his EZY ...
- 2011 Champion Pasindu Peiris joins EZY Racing (Category: Business)
- Two wins, five podiums give EZY Racing dominant weekend at Pannala (Category: Business)
- Sajaad and Sriyan dominate Kandy for EZY Racing (Category: Business)
Vallibel Finance PLC, the rising financial star of the dominant Vallibel group which consists of some of the most successful companies in the county including Royal Ceramics PLC, Hayleys PLC, Delmege Forsyth & Co. etc., recently opened the latest addition to its fast-spreading branch network. Venturing out in to Gampaha, the company continues to forge ...
- Vallibel Finance profit soars to Rs 105m (Category: Breaking News)
- Sri Lanka’s Vallibel Finance raises Rs. 225 million via a debenture issue (Category: Breaking News)
- Finance Shares (Category: Business)
- Finance Demand (Category: Business)
Sri Lanka and the Philippines set up a showdown for promotion to the HSBC Asian 5 Nations (HSBC A5N) Top 5 competition in 2013 after winning their Round II matches at the HSBC A5N Division I on Wednesday at Rizal Memorial Stadium in Manila. Tournament top seeds Sri Lanka and the Philippines (third seeds) will ...
- Philippines explode into 2013 Top 5 (Category: Business)
- Hong Kong beats China to win Shanghai 7s; Next stop Mumbai (Category: Business)
- Watch Philippine Volcanoes vs Sri Lanka Live Stream Online (Category: Breaking News)
With the bright prospects for a boom in the tourist industry, Browns Investments Plc has decided to venture into the leisure sector in a big way. The required approvals have been obtained and construction of a 150 room star class hotel will commence shortly. It is planned to increase the number of rooms to 172 ...
- Browns Investments Expand Operations In The Leisure Sector (Category: Breaking News)
- Browns Investments subsidiary plans to build a four star hotel in Kosgoda (Category: Breaking News)
- President tells Parliament FDI in 2011 exceeded $ 1 b (Category: Business)
- Club Hotel Dolphin first to get HolidayCheck 2012 Award (Category: Business)
KARACHI: Sri Lanka golfer Nadarajah Thangaraja won the 51st National Amateur Golf Championship with a four-stroke victory on the final day as the four-day action culminated at the Royal Palm Golf and Country Club Golf Course in Lahore. Thangaraja, who overcame an ordinary start on the second day, continued his brilliant show to secure a ...
- Tseng on top after play suspended (Category: Australia, Victoria)
- Yani Tseng powers to midday lead (Category: Australia, Victoria)
- The Day has dawned (Category: Australia, Queensland)
- Big crowd turns out for pro-am at Quail Hollow (Category: USA, North Carolina)
Former England international Phil Greening is tapping into Sri Lanka’s sporting fervour to help advance rugby in the cricket-mad country, writes Ian Gilbert. Sri Lanka’s push towards the higher reaches of world rugby will not be short of ambition, enthusiasm or support. The Asian nation has enlisted the help of former Wasps and England hooker ...
- A passion for Rugby in an unexpected place (Category: Business)
- SLRFU gets tough! (Category: Business)
- Try machine Gollings spearheads Sri Lanka’s rugby drive (Category: Business)
- Ex England rugby 7s captain to work with Sri Lanka in bid to qualify for Rio 2016 (Category: Business)
Cinnamon Lakeside Colombo yesterday announced the arrival of a new Front Office Manager, Ronald David. David brings a considerable amount of management experience to the Cinnamon Lakeside Colombo team, having spent the majority of his career managing and leading teams both in Sri Lanka and the UK. Beginning his career as a Tele-marketing Executive ...
- New GM takes over at Cinnamon Lakeside Colombo (Category: Business)
- New GM to keep Cinnamon Lakeside at forefront of deluxe hospitality industry (Category: Business)
- Cinnamon Hotels & Resorts appoints Kamal Munasinghe as General Manager for Cinnamon Grand Colomb... (Category: Breaking News)
- Cinnamon Hotels & Resorts appoints Kamal Munasinghe as General Manager for Cinnamon Grand Colomb... (Category: Breaking News)
Divya Lagoon Resort opened its doors in Kalpitiya recently, making it the first star class luxury boutique hotel to be constructed on the Dutch Bay, in the new Tourism Zone of Kalpitiya Built on four acres of land, Divyaa Lagoon Resort, nestled between the Dutch Bay Lagoon and the Dutch Bay, captures the true essence of ...
- Divyaa Lagoon resort gears up for exciting Red Bull Kite Surfing race in Kalpitiya (Category: Business)
- Rs. 500 m Amagi Lagoon Resort and Spa opens in Negombo (Category: Business)
- Club Palm Bay Marawila unveils fully refurbished facilities (Category: Business)
- Club Palm Bay Marawila unveils fully refurbished facilities with Rs. 60 m investment (Category: Business)
SEC to set strategic plan to curb manipulation Target of doubling foreign stake in market to 30% Past efforts to curb price-manipulation were stymied REUTERS: Sri Lanka’s once-buoyant, now-ailing stock market needs integrity and greater participation by foreigners to grow well, the new director-general of the country’s exchange regulator said. Hareendra Dissabandara, who has a ...
- SEC won’t bow to pressures on probes: Chairperson (Category: Business)
- SEC considers 10% minimum float rule (Category: Business)
- CB gives fresh boost to CSE (Category: Business)
- Shares at 22-month low on SEC rule, economic woes (Category: Business)
NEW DELHI (AFP): Jealousy could be the reason for negative attitudes in England towards the cash-rich Indian Premier League (IPL), England batting star Kevin Pietersen has said. The Twenty20 IPL was an instant hit when it began in 2008 as a mix of glamour, entertainment and international stars playing short-form cricket, but it has attracted ...
- ICC rules out window for IPL (Category: Business)
- 2009 IPL auction was rigged, claims Lalit Modi (Category: Business)
- Johnson set to return with England stint (Category: Business)
- Mathews ready to bowl in IPL (Category: Business)
England head coach Andy Flower hopes that his team would keep the lessons they learnt during the Sri Lanka series in mind for their away Test series against India. Flower believes the England team is still not a finished product despite convincingly winning the Colombo Test by eight wickets against Sri Lanka. He believes that ...
- No bowl-off at MCG, Flower says (Category: Western Australia)
- England Upbeat For Sri Lanka Tour (Category: Breaking News)
- FLOWER: ENGLAND WON'T GET CAUGHT IN A SPIN (Category: Breaking News)
- Cricket: Flower backs England to counter Sri Lankan spin (Category: Breaking News)
HSBC’s Big Deal Lifestyle fair, recently held at the BMICH has reportedly attracted over 17,000 visitors over three consecutive days. The lifestyle fair that catered to a wide audience, offered great discounts on various products by leading merchants along with products new to the market at very affordable prices, making it a one stop shop ...
- Biggest lifestyle fair opens today at BMICH (Category: Business)
- Affordable loans to meet lifestyle needs from HSBC (Category: Business)
- HSBC launches new Lifestyle Loan (Category: Business)
- HSBC launches fresh offer of privileges (Category: Business)
Irresistible and on-par with international cola brands, My Cola takes one more innovative step to level the competition of glass cola bottle marketers. With global warming bringing in tsunamis and as more natural red lights pop up worldwide, the company not only takes the cue to be more environmentally-friendly, but also sees the potential advantages ...
- US ambassador visits Coca-Cola plant in Biyagama (Category: Business)
- Water Wars (Category: Business)
- Coca-Cola and McDonalds launch London Olympics 2012 memorabilia (Category: Business)
- Coca-Cola enriches Kattankudy with sustainability project (Category: Business)
PETS 2012 confab highlights ‘Peace through Service’The Presidents-elect Training Seminar 2012 aboard the cruise liner Superstar Virgo was held in Singapore recently. The event, which took place in March brought together a number of noted Rotarians and resource persons under the banner ‘Peace through Service’, which is the theme for Rotary International this year. Convened ...
- Rotabats recognises public servants (Category: Business)
- Rotary group study exchange programme to Osaka (Category: Business)
- Pradeep Amirthanayagam Installed As Golden Jubilee President, Rotary Colombo West (Category: Breaking News)
Singaporean bakery boutique franchise BreadTalk opens in Sri Lanka By Cheranka Mendis Singapore boutique bakery chain, BreadTalk yesterday launched its service in Sri Lanka with an investment of Rs. 400 million, opening the largest boutique bakery in its international portfolio. At the opening of BreadTalk outlet in Sri Lanka with chefs from left Director ...
- BreadTalk opens second outlet (Category: Business)
- High-Five for Hyatt? (Category: Business)
- Breadtalk confirms rumours of second outlet (Category: Business)
- Professorial Points? (Category: Business)
News Butterfly, the unique TV programme from the US’ FOX news network, is now filming in Colombo for an exclusive segment on Sri Lanka’s new upswing. News Butterfly Market Place (NBMP) is described as a ‘unique women’s movement on TV’. According to NBMP, ‘the programme is a TV Channel venture for beautiful and talented women ...
- First-ever global logistics expo makes good ground for business networking (Category: Breaking News)
- Indian business supports Sri Lanka Expo 2012 (Category: Breaking News)
- Ind-Expo seminar on ‘New Food Hygiene Regulations’ (Category: Business)
- Over 55 tour agents, 50 international journalists for Expo 2012 (Category: Business)
The National Award Ceremony of the Toyota Dream Car Contest, the first ever international art competition held in Sri Lanka organised by Toyota Lanka (Private) Limited concluded, followed by a colourful ceremony held on 27 February under the patronage of Toyota Lanka (Pvt) Ltd Managing Director Yoshiaki Kato and Secretary to the Ministry of National ...
- Toyota Lanka holds dream car art contest workshop for Settikulam IDP camp children (Category: Business)
- Pole Position (Category: Business)
- Toyota Lanka holds its 5th Dealer Convention (Category: Breaking News)
- Toyota Lanka sponsors Rs. 3.5 million luxury car for 2nd place in "Ranaviru Real Star" (Category: Breaking News)
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