Category: Other
IronOne CEO Lakmini Wijesundera named Woman Entrepreneur of the Year
PRESS RELEASE Mobile IT solutions trailblazer Lakmini Wijesundera has been honoured at the highest level for her contribution to the country’s economy with the three top awards at the annual Women Entrepreneur Awards presented by the Women’s Chamber of Industry & Commerce (WCIC). The co-founder and CEO of IronOne Technologies, the Sri Lankan mobile software […]
Brandix bags 11 awards at Presidential Export Awards, ranked Sri Lanka’s top exporter in 2014 & 2015
(PRESS RELEASE) – The Brandix Group won a remarkable 11 awards including the Exporter of the Year awards for 2014 and 2015 at the Presidential Export Awards last evening, taking the top honours at this prestigious event conducted by the Export Development Board (EDB). The awards presented by President Maithripala Sirisena at the BMICH recognise […]
Sri Lanka’s Piramal Glass records 11-pct revenue growth in 1Q
Piramal Glass Ceylon PLC has announced its results for the 1st Quarter of F2017 with Rs. 1,656 Million of Revenue & Rs. 110 Million of Profit After Tax. The total revenue during the first quarter of FY 2017 showed an overall growth of 11%. The positive momentum achieved in the domestic market during previous year […]
Mastercard unveils new brand identity
Mastercard, one of the world’s most recognizable brands, unveiled the evolution of its brand identity, including a modernized and simplified update to its iconic red and yellow logo coupled with a new look and feel for branded communications and experiences. The ability to thrive in a digital age, besides positioning Mastercard as a forward-thinking, human-centered […]
Expolanka Holdings top line grows 7 pct in June quarter
Aug 09, 2016 (LBO) – Expolanka Holdings, which operates in areas including logistics and leisure, said it recorded seven percent growth in revenue to 14.96 billion rupees in the June quarter, which was a resilient performance amidst challenges. With its strategic shift towards growth sectors in logistics and leisure, operating profit increased 20 percent to […]
Ceylinco Life head office gets biggest solar power system in Colombo
Aug 09, 2016 (LBO) – Ceylinco Life has broken new ground in the sphere of eco-friendly operations with the installation of the biggest solar electricity system in Colombo, the company said. The life insurance company said it is converting its head office building in Colombo 5 to solar power, with a system capacity of 63.18kW. […]
Largest Chinese incentive group visits Sri Lanka
A group of 134 Chinese tourists recently arrived in Sri Lanka from Shanghai, China. The visiting Chinese tourists are part of a group of over 1575 passengers, which makes it one of the biggest incentive groups to have visited Sri Lanka. The tour was organized by SriLankan Airlines Shanghai office in collaboration with Lanka Sportsrizen […]
ROYAL TURF CLUB COMMENCES RACES ON 20 AUGUST
Nuwara Eliya is going to be buzzing again. It was almost as if the town had gone into hibernation thanks to the rain in the months of June and July, But suddenly there’s a ripple of excitement in the air and it’s all emanating from the Home of the Royal Turf Club – The Race […]
Japan hands over 12 waste collection trucks to Colombo Municipal Council
Kenichi Suganuma, Ambassador of Japan handed over 12 Waste Collection Trucks to V.K.A. Anura, Municipal Commissioner, Colombo Muncipal Council (CMC) in the presence of Isura Devapriya, Chief Minister of Western Province at an official handing over ceremony held at the Colombo Municipal Council premises. “The Project for Upgrading Waste Collection Trucks in Colombo” under Grant […]
Promoting Biogas among Local Technical Officers for Greener and Sustainable Construction Efforts
(PRESS RELEASE) – Janathakshan Gte Ltd and People in Need, Cz conducted a biogas awareness and promotional workshop on renewable energy, biogas and waste management for 65 technical officers on July 29, 2016 at the Western Province Waste Management Authority. The technical officers belonged to local authorities in Western Province and are those in-charge of […]
Janashakthi Insurance records remarkable growth in 1H, 2016
Janashakthi Insurance PLC (Janashakthi) posted a consolidated Profit After Tax (PAT) of Rs. 630 million for the six months ended 30th June 2016, recording an impressive Year-on-Year growth of 198%. Consolidated Gross Written Premium (GWP) grew by 34% to Rs. 6.5 billion with the Company’s Non-Life segment leading the charge with 41% growth in GWP […]
Sri Lanka PM meets business leaders at Horton Debate
Aug 05, 2016 (LBO) – Sri Lanka’s Prime Minister Ranil Wickremesinghe met leading business personalities at a dinner event organized by the Horton Debate Society in Colombo recently. At the well-attended function, Prime Minister Wickremesinghe explained his plans for electoral reforms, constitutional amendments and the initiatives underway to develop the economy. The Prime Minister was […]