Category: Other
Guardian Acuity launches Sri Lanka’s first dual return investment plan
“Alpha plus”, Sri Lanka’s first dual return investment plan is now available to investors as a result of a partnership between Alliance Finance PLC and Guardian Acuity Asset Management (GAAM), a leading Unit Trust Management Company which is part of Carson Cumberbatch PLC, HNB and DFCC banks. “Alpha Plus is a dual return investment plan, […]
EBL Introduces Hybrid Electric Vehicle (HEV) Battery Revitalizing Technology in Sri Lanka
(PRESS RELEASE) – Edirisinghe Brothers (Pvt) Ltd., (EBL) announced the opening of Hybrid Hub; a purpose-built facility for the testing, conditioning and rebuilding of batteries for Hybrid Electric Vehicles (HEV) – the only such facility in Sri Lanka. Mr. Sanka Edirisinghe Co-Chief Operating Officer, Hybrid Hub, alluded to the changes in Sri Lankan vehicle owners’ […]
New USAID Mission Director signals surge in US assistance to Sri Lanka
Signaling a surge in U.S. development assistance for Sri Lanka, the newly-arrived Dr. Andrew Sisson official assumed duties yesterday as the U.S. Agency for International Development (USAID) Mission Director to Sri Lanka and Maldives. U.S. Ambassador Atul Keshap administered the oath of office in the presence of his wife Karen Levine and the entire USAID […]
Canadian Foreign Minister says much more remains to be accomplished
Address by Canadian Minister of Foreign Affairs Stéphane Dion on the occasion of a joint press conference with Sri Lankan Minister of Foreign Affairs Mangala Samaraweera Ayubowan. Vanakkam. Good afternoon. Bonjour. I’m touched by the warmth and smiles that have greeted the Canadian delegation since our arrival in Sri Lanka last night. Minister Samaraweera, thank […]
Sri Lanka launch first free pre-hospital care ambulance service with Indian grant
(PRESS RELEASE) – In a groundbreaking initiative, the country’s very first fully fledged free pre-hospital care ambulance service numbering a collective of 88 state of the art fully equipped vehicles was flagged off at Galle Face Green. To be operated initially in the Southern province with the service rolled out into the Western Province within […]
CA Sri Lanka Exam Pass Rate Increases with new curriculum
(PRESS RELEASE) – The new curriculum introduced by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) last year has paved way for a significant increase in the pass rates of students who sat for the institute’s examinations this year in their pursuit to become globally sought after Chartered Accountants. CA Sri Lanka […]
Sri Lanka tea output dips 14.3-pct in June, Will miss full year target: Tea Board
COLOMBO, July 27 (Reuters) -Sri Lanka’s tea output in June fell 14.3 percent from a year earlier because of heavy rain the previous month, a media report said. Production in the first six months has fallen by 11.1 percent , a Reuters report said. “There was heavy rain in May and that is the main reason for […]
NDBIB wins ‘Sri Lanka’s Best Investment Bank2016’ by Euromoney
(PRESS RELEASE) – NDB Investment Bank, which completed a record breaking year in 2015 raising a mammoth LKR 60 Bn, was awarded ‘Sri Lanka’sBest Investment Bank 2016’ by the prestigious Euromoney Magazine. This marks the fifth consecutive year NDBIB has been bestowed with this highly acclaimed award. The award was presented at a gala event […]
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 […]