Category: Other
Big names needed to bring tourists, says Managing Director of Aitken Spence
Sustained promotion and consistent branding of Sri Lanka as a holiday destination are essential if the country is to overhaul its tourism industry, Rajan Brito, the Deputy Chairman and Managing Director of the conglomerate Aitken Spence has said. Speaking during a wide-ranging interview he gave to the global publishing, research and consultancy firm Oxford Business […]
New Zealand business delegates meet local Corporate heads
Innovative New Zealand businesses who visited Colombo this week to continue forging business and trade links with Sri Lanka, met with Sri Lankan business heads at a reception hosted by HE Grahame Morton, High Commissioner to India, Sri Lanka, Bangladesh and Nepal at the Taj Samudra. Seventeen New Zealand companies from a range of industries […]
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Minister of Plantation Industries Honorable Navin Dissanayake visited the Colombo Tea Auction on Wednesday, as the world’s largest single origin tea auction saw more activity as the global tea prices have started to recover, after a recent slump experienced. Minister Dissanayake, who was accompanied by the Sri Lanka Tea Board Chairman Mr.Rohan Pethiyagoda and the […]
The Asian Banker names BOC as strongest bank in Sri Lanka 2015
Sri Lanka’s No.1 Bank, the Bank of Ceylon was named as the only “Strongest Bank” in Sri Lanka for the year 2015 by the Asian Banker, in an independent research carried by the region’s most authoritative provider of strategic business intelligence to the financial services community. The announcement was made at a ceremony held […]
Ravi K launches Fairway Holdings latest project
Fairway Holdings, a name synonymous with quality luxury apartment developments, launched their sixth large scale apartment project, in Koswatta, Battaramulla on Sunday 1st November. An ‘Open Day’ was held on this day for all prospective homeowners to meet the Fairway team at the site and discuss their requirements.The project is situated in close proximity to […]
Earn FlySmiLes miles on SriLankan Holidays
SriLankan Airlines’ FlySmiLes frequent flyer members can now earn and redeem miles on SriLankan Holiday packages in and out of Sri Lanka.While FlySmiLes members are able to earn miles when purchasing holiday packages, allowing them to earn more miles than what they accrue on their flights, non-FlySmiLes members too can enroll themselves on-line before purchasing […]
Fitch rates DFCC Bank debenture issue at AA-(lka)( EXP)
Fitch Ratings has today assigned DFCC Bank PLC’s (DFCC; AA-(lka)/Stable) proposed senior unsecured debentures of up to LKR10bn an expected National Long-Term Rating of ‘AA-(lka)(EXP)’. The proposed debentures, which will have tenors of four and six years and carry fixed and floating coupons, will be listed on the Colombo Stock Exchange. DFCC expects to use […]
China, India and Hong Kong top investors in Sri Lankan real estate: Lamudi
China, India and Hong Kong are the top three countries currently investing in the Sri Lankan real estate market, according to new research from online real estate platform, Lamudi Sri Lanka.Lamudi Sri Lanka ranked the leading countries investing in Sri Lanka based on foreign direct investment (FDI), number of upcoming projects and buildings currently underway.With […]
Sri Lanka Telecom opens trading at CSE
Sri Lanka Telecom PLC (SLTL) opened trading on the Colombo Stock Exchange (CSE) yesterday (November 2). This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index. Chairman Mr. P.G. Kumarasinghe Sirisena, Group Chief Executive Officer Mr. Dileepa Wijedsundera, Chief Marketing Officer Mr. Ajantha Seneviratne, Chief […]
Colombo Stock Exchange opens trading at London Stock Exchange
Minister of Finance, Ravi Karunanayake opened trading at the London Stock Exchange on 30th October 2015 together with the Chairman of Colombo Stock Exchange, Vajira Kulatilaka and the Director General of the Securities and Exchange Commission of Sri Lanka, Vajira Wijegunawardene.
1405 males, 836 females in Sri Lanka reported with HIV by end September
Nov 02, 2015 (LBO) – Sri Lanka has reported 1,405 males and 836 females with HIV by September this year, National AIDS Control programme latest data showed.From them 405 males and 182 females have been reported as AIDS infected, data showed. 2,241 cumulative HIV cases and 587 AIDS cases have been reported at the end of […]
Auditors can be watchdogs, we can be bloodhounds, says SEC Chairman
Nov 02, 2015 (LBO) – Sri Lanka’s Securities and Exchange Commission is seeking greater participation of auditors in keeping them informed of corporate malpractices, SEC Chairman Thilak Karunaratne told Lanka Business Online. “If they see anything out of the ordinary happening in a corporate, they could warn us. Let them be the watchdogs, we can […]