ODEL joins Burger King at spacious new location in Wattala

  The bustling suburb of Wattala was granted bragging rights to a new dimension in fashion and lifestyle retail when ODEL and Burger King came together at one spacious location to offer residents and passers-through better access to some of the global brands represented by the Softlogic Group. The relocation today of the ODEL store […]

BoardPAC chosen by Bangladesh’s City Bank to debut corporate governance solution

The award-winning Sri Lanka-developed corporate governance solution BoardPAC has been selected by The City Bank, a leading commercial bank in Bangladesh,as its paperless board meeting & corporate governance solution. The City Bank will be the first bank in Bangladesh to adopt a paperless board communications platform powered by RobiAxiata, a leading mobile phone company in […]

Commercial Bank Q1 profit before tax up 28-pct to Rs 4.6bn

Commercial Bank of Ceylon PLC has reported profit before VAT and NBT of Rs 5.377 billion for the three months ending 31st March 2016, commencing the year with a robust 27.89% growth, made possible by notable improvements in business volumes and reduced growth in charges. Sri Lanka’s largest private bank’s profit before tax for the […]

Fashion Bug career guidance programme to benefit 100,000 students

Fashion Bug, one of Sri Lanka’s leading retail clothing chains with over 16 outlets island wide, who launched their CSR programme, Career Guidance, under it’s Educational CSR platform ‘Sisu Dirimaga’; have now completed 28 schools with 11500 students having benefitted. “We launched this programme with the intention of helping school leavers who need guidance regarding […]

Ex-Sampath Bankers Club launches web & social media accounts

Ex Sampath Bankers Club which was inaugurated in January this year took another step forward by launching its website, and its Facebook, Twitter, Linkedin and YouTube accounts, at a simple ceremony held recently at the BRC Lounge in the presence of Ms. Hiranthi de Silva, the President, the members of the Council and some members […]

International Waters Conference in Sri Lanka to attract 250 foreign delegates

The 8th Global Environment Facility (GEF) Biennial International Waters Conference (IWC) will be held in Sri Lanka from the 9th to 13th May 2016 with representatives from over 80 countries.. The week-long conference themed Scaling Up Investments from Source to Sea in the Context of Achieving the SDGs, is jointly organized by the GEF, the […]

‘s subordinated debt BBB+(lka)(EXP)

Fitch Ratings has assigned Seylan Bank PLC’s (A-(lka)/Stable) proposed Basel II-compliant subordinated debenture issue of up to LKR5bn a National Long-Term Rating of ‘BBB+(lka)(EXP)’. The debentures will have tenors of five and seven years and carry fixed and floating coupons. The debentures are to be listed on the Colombo Stock Exchange and the bank plans […]

CSE, CFA rings opening bell to support ‘Putting Investors First Month’

The Colombo Stock Exchange (CSE) and the CFA Society Sri Lanka jointly held a special market opening ceremony yesterday in support of the “Putting Investors First Month” campaign, as a to call attention to the needs and rights of investors. The Putting Investors First Month is a month-long global initiative focused on promoting the needs […]

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