Category: Other
Porsche in Berlin: World premiere of the new Panamera
Press Release: Berlin. Porsche this week celebrated the world premiere of the new Panamera in Berlin to a spectacular display of lights, music and choreography. Over 300 international media representatives – as well as guests from politics, business, sports and society – saw the unveiling for the first time. The new Porsche Panamera reconciles two […]
Flemingo duty free partners with Sri Lankan Airlines FlySmiLes
Flemingo Duty Free has partnered with FlySmiLes, the frequent flyer program of Sri Lankan Airlines to enhance value and delight its customers. Starting July 2016, FlySmiLes members are eligible to earn miles on their Duty Free purchases at Flemingo Duty Free outlets at both the arrival and departure lounges of the Bandaranaike International Airport, Sri […]
Sri Lanka’s Commercial Credit to be part of LankaPay ATM network
Jul 26, 2016 (LBO) – Sri Lanka’s Commercial Credit Finance joined the LankaPay Common ATM Network, recently. LankaPay has 95 percent of automated teller machines in Sri Lanka and carries over 2.5 million domestic interbank ATM transactions every month. Other members of the network include People’s Bank, Bank of Ceylon, Hatton National Bank, Seylan Bank, […]
New Sales head at Altair
Indocean Developers, the promoter of the Altair twin tower high rise, has announced the appointment effective 15th July, of Jay Dias as Head of Sales and Marketing. Mr. Dias was till recently Head of Sales for City Hotels at Cinnamon Hotels & Resorts and was previously the Director Sales & Marketing at the John Keells […]
Commercial Bank in World’s Top 1000 Banks
The Commercial Bank of Ceylon PLC hasbecome the only Sri Lankan bank to be ranked among the Top 1000 Banks of the World for the sixth year running, setting yet another benchmark for consistency. This prestigious ranking is published annually by ‘The Banker’ magazine of the UK, and the 2016 list is based on the […]
MR’s statement on Missing Persons Office, a blatant attack on rule of law: AHRC
(Asian Human Rights Commission) – The statement made by Mr. Mahinda Rajapaksa the former head of state in Sri Lanka, that ‘establishing the office of the Missing Persons is a betrayal of the armed forces’ is a statement unbecoming of a former head of the state and a prominent political leader in Sri Lanka. What it […]
IFC helps Sampath Bank to provide trade financing for Sri Lankan exporters
IFC, a member of the World Bank Group, is partnering with Sampath Bank PLC to provide trade financing for Sri Lankan exporters to help them access global markets and boost the country’s trade. IFC will support the bank’s trade-finance business by partially or fully guaranteeing the payment risks of its clients. IFC’s Global Trade-Finance Program […]
Navy ship USS New Orleans to visit Sri Lanka this week
The USS New Orleans (LPD 18) with embarked 13th Marine Expeditionary Unit (MEU) will arrive in Sri Lanka for a port visit on July 24. The ship and embarked MEU are in Sri Lanka to increase bilateral ties with the Sri Lankan Navy and provide U.S. support and training for humanitarian assistance and disaster relief. […]
New World Bank Country Director to visit Sri Lanka this week
Idah Pswarayi-Riddihough, the new World Bank Country Director* for Sri Lanka and Maldives is visiting Colombo this week to meet with the Sri Lankan Government, and other development partners, to discuss the status of the World Bank Group operations and how the Bank can continue to support the country’s development priorities in the most impactful […]
‘s Prime Minister
Prime Minister Ranil Wickremesinghe met Malaysian Deputy Prime Minister Seri Ahmad Shahid Hamid at Temple Trees today.
U.S. investors prefer real estate and cash to stocks: survey
July 22, 2016 – Retail investors are showing signs they have lost faith in U.S. stocks, and that real estate and cash are the most popular investments, a Bankrate survey shows. Out of 1,000 adults asked what they would do with their money if they didn’t need it for 10 years, a quarter said they […]
Lamudi looks at current housing trends in Sri Lanka
In recent years, Sri Lanka has been experiencing a massive demand for property within Colombo and its suburbs. As new large-scale developments are rising in the city, many local and international investors are showing a keen interest in Sri Lanka’s real estate market. Luxury apartments are being constructed all over the city, attracting international businessman […]