Gifts galore for Commercial Bank
e-Exchange recipients this ‘Avurudu’
31-March-2011
The Commercial Bank of Ceylon is preparing to reward all beneficiaries of remittances via its sophisticated ‘e-Exchange’ instant money transfer service this ‘Avurudu’ season.
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Top performing Janashakthi sales staff on Jetliner cruise
30-March-2011
It was the treat of a lifetime as Janashakthi Insurance PLC recently treated 250 of its top sales performers to an open deck party and cruise aboard the Sri Lanka Navy’s ‘Jetliner’.
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Ceylinco Life honours top Achievers
30-March-2011
Sri Lanka’s leading life insurance brand Ceylinco Life recently celebrated its 7th successive year at the helm of the industry by felicitating 144 top achievers who contributed to the company’s growth in 2010.
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Dr. Mahesha Ranasoma appointed to Hayleys Board
29-March-2011
Hayleys PLC has announced the appointment of top notch academic and corporate sector personality Dr. Mahesha Ranasoma to the Board of the blue chip conglomerate with effect from 1st April, 2011.
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Emirates offers special April fare to Vienna
29-March-2011
Emirates has announced a special limited-duration fare from Colombo to Vienna to celebrate the addition of six extra flights a week to the Austrian capital.
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Celebrate ‘Avurudu’ with Commercial Bank Cards
28-March-2011
Commercial Bank’s Credit and Shopping Debit cardholders can celebrate Avurudu in grand style following attractive discounts negotiated by the Bank with leading clothing and footwear retailers.
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Bartleet Finance moves its Horana Branch to a more convenient location
24-March-2011
Horana, right in the middle of rubber estates and plantations is the latest Bartleet Finance relocation endeavour.
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Genelle shoes; for the ladies who deserve the best
24-March-2011
In this day and age it’s evident that the shoes a lady wears say a lot about the wearer. Keeping this in mind there is a brand of ladies footwear that ensures that every Sri Lankan woman can walk confident and tall.
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Brandix expands into bras
23-March-2011
Sri Lanka’s top apparel exporter Brandix has announced a major addition to its portfolio, following the acquisition of full ownership of Comfortwear (Pvt) Ltd., the Group’s former joint venture with Lanka Equities.
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Pyxle powers reservation and booking system for Hotel Renuka
22-March-2011
Pyxle was selected by Renuka City Hotel PLC, one of Sri Lanka’s leading business hotel chains, to engineer the solution for an online room reservation and booking system a company spokesperson said.
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Commercial Bank opens 192nd branch at Hambantota
21-March-2011
The Commercial Bank of Ceylon PLC has opened a branch at Hambantota, expanding its branch network in Sri Lanka to 192 and strengthening its operations in the fast developing Southern region of the country.
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Etisalat lends a helping hand to flood victims
18-March-2011
As part of its ongoing CSR activities, Etisalat's most recent campaign reached out to provide assistance to flood victims, through disaster management centers.
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132nd Battle of the Blues, “Play to Win” with Etisalat
17-March-2011
Royalists and Thomians all around the world were geared up with excitement as the 132nd Battle of The Blues took Colombo by storm on the 10th, 11th and 12th of March 2011.
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IDEAL motors and Automobile Association in Strategic Partnership
16-March-2011
The All Share Price Index (ASPI) in Colombo started heading back towards 7,000 points on Tuesday the March 15 2011 after passing the mark during early January. However the Milanka Price Index is coming down at a lower rate comparatively, as it remained stagnant during the period in which the ASPI made rapid gains.
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ICEE Opened the Dehiwala Vision center recently
15-March-2011
The International Centre for Eyecare Education (ICEE) opened the Dehiwela Vision Centre recently.
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SLIM offers prestigious MBA from UK’s Buckinghamshire New University
15-March-2011
In its constant drive to offer Sri Lankans the best possible educational opportunities and qualifications, the country’s national marketing body, the Sri Lanka Institute of Marketing (SLIM) is offering an internationally recognised MBA programme from the Buckinghamshire New University in the UK.
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Amana Takaful announces rights issue
14-March-2011
Amana Takaful, the pioneer of Takaful in Sri Lanka, has announced a rights issues on 1:1 basis at Rs 1.50 a share, which is subject to approval by the Company’s Shareholders at the EGM scheduled for 18th March 2011.
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Commercial Bank expands presence in Wattala
14-March-2011
Wattala area is also served by the main Commercial Bank branch located on the Colombo-Negombo Road and by a Minicom at the Cargills Food City.
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Sri Lankan Airlines Upgrades Network Infrastructure Capacity and
Availability Using CommScope's SYSTIMAX TeraSPEED Solution
11-March-2011
CommScope, Inc., a global leader in infrastructure solutions for communications networks, has upgraded Sri Lankan Airlines extensive network infrastructure using the SYSTIMAXfi TeraSPEEDfi Solution.
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SLIM-Nielsen Peoples Awards Gives Voice to the People
10-March-2011
With the stage set and ready, the Sri Lanka Institute of Marketing (SLIM) is ready to unveil the choice of the people at the SLIM-Nielsen Peoples Awards which is to be held on Tuesday 15th March.
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Commercial Bank rewards customers with tickets to Cricket World Cup
10-March-2011
Customers of Commercial Bank had a chance to win free tickets to watch the Cricket World Cup matches thanks to a promotion conducted by the Bank together with MoneyGram International.
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PCH Introduces two new Karbonn mobile phones
09-March-2011
Having achieved incredible success with the recent introduction of the K25 Karbonn mobile phone, PCH is now offering two new models of the popular Karbonn brand- K406 and K316.
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Fadna Green Tea, with the goodness of Gotukola now available in the
Sri Lankan market
09-March-2011
Using the natural herbal goodness of Gotukola (Centella asiatica), “Fadna Green Tea”, has been launched by Food & Nature (Pvt) Ltd, an innovator in the Sri Lankan tea market.
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Kishu Gomes stars on "Celeb Chat”
08-March-2011
Listen to corporate leader, fashion icon and renowned motivator Kishu Gomes talk about his “winning formula” on CSN/Prime TV’s “Celeb Chat” at 9.30 pm on Monday 14 March 2011.
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Commercial Bank adds Lebanon to money transfer network
07-March-2011
The Commercial Bank of Ceylon PLC has partnered CashUnited, a leading financial services provider in Lebanon, to expand its ‘e-Exchange’ instant money transfer facility to that country.
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Record breaking profits by Janashakthi!
04-March-2011
Janashakthi Insurance PLC (JIPLC) recorded an impressive 17% growth in net profit-after-tax reaching Rs. 770 Mn and revenue of Rs. 6.8 billion with a growth of 13% during the financial year 2010.
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KIK Cola sponsors 82nd ‘Battle of the Maroons’
04-March-2011
Sri Lanka’s own Cola drink brand KIK Cola announced today their sponsorship of the 82nd ‘Battle of the Maroons’ the annual cricket encounter played between Ananda College and Nalanda College.
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LECS to Hold Education Exhibition in Male
03-March-2011
Presidential Award Winners, Lanka Exhibitions & Conference Services Pvt Ltd (LECS) together with Maldives Exhibitions and Conference Services (MECS) is set to organize “Youth Vision 2011” a Career Guidance & Higher Education exhibition in the Maldives.
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St. Servatuis’ College OBA (Colombo Branch) AGM
03-March-2011
The Annual General Meeting of the St. Servatius’ College Matara Old Boys' Association (Colombo Branch) will be held at 'Rock House', Galabada Road, Wewala, Piliyandala from 9.00 am onwards on Saturday 12 March. It will be followed by a fellowship / lunch.
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ODEL takes the best of fashion to Kiribathgoda
02-March-2011
Kiribathgoda is the latest suburb to boast of its own ODEL store, following the opening of the 14th outlet of Sri Lanka’s premier fashion and lifestyle brand in the heart of the town.
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Balangoda Branch of Bartleet Finance relocates to a new and spacious premises
01-March-2011
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Balangoda famed for its tea plantations now boasts of a brand new and spacious Bartleet Finance office right in the heart of the town.
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PCH expands in Southern province
01-March-2011
As part of its aggressive expansion plan across the country, PCH opened its 18th regional branch at Wakwella Road, Galle recently.
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‘Art of Investment’ Sri Lankan stock market seminar
01-March-2011
Art of Investment’ Sri Lankan stock market seminar was sucessfully held on 13th Sunday 2011 at the Mt-Lavinia hotel amidst a distinguished gathering.
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Latter half lift at Colombo Bourse
By Jithendra Antonio
31-March-2011
A buying session witnessed towards the end could not recover the initial dip in Colombo stock indices on Wednesday the 30 march 2011. “Conditions are still lackluster as expected. However, the buying momentum witnessed in the latter half is expected to continue tomorrow focusing on blue chip counters.” Brokers said.
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Cargills Magic adds ‘Divine – Vanilla’ and
‘Celebration – Strawberry’
to its ‘Heavenly’ collection
31-March-2011
 Cargills Magic Sri Lanka’s Number 1 dairy ice cream has introduced its newest additions, “Divine – vanilla” and ‘Celebration -Strawberry’ twoscrumptious products under its premium ‘Heavenly Magic’ range. ‘Divine’ and ‘Celebration’ice creams arecrafted to give a deliciously unique experience to the consumers.Due to the overwhelming demand from the consumers, Cargills Magic has added two new variants to its fold.
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triadhot.com successfully launches fully integrated campaign in Singapore
31-March-2011
 The revolutionary multinational ad agency Triadhot.com launched its first ever fully integrated campaign in Singapore for one of its clients. This was an ambitious step taken within its short journey since inspection in July 2010. Triadhot.com embarked on 360 degree campaign complete with print, digital and outdoor executions as well as BTL material and activations.
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IPO gains below expectations at Colombo Bourse
By Jithendra Antonio
30-March-2011
Colombo Stock Indices were volatile throughout the trading hours on Tuesday the 29 March 2011 and closed in red with selling pressure creeping in. Union Bank of Colombo (UBC) which started to trade on trading floor followed by its Initial Public offering attracted investors although a lower price appreciation was witnessed than anticipated, especially considering its record breaking oversubscription.
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SLIM confers Honorary Fellow status on
Prof. Uditha Liyanage
30-March-2011
 Marketing guru Prof. Uditha Liyanage was recently made the first Sri Lankan Honorary Fellow of the Sri Lanka Institute of Marketing (SLIM), the country’s national apex marketing body), in recognition of his achievements in academia and extraordinary contribution to the marketing fraternity in terms of setting the ground rules right with a good balance of local and modern thinking.
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End of day recovery in Colombo Stocks
By Jithendra Antonio
29-March-2011
A buying momentum during the latter half recovered indices marginally at Colombo Bourse on Monday the 28 march 2011 after the initial downtrend. However, All Share Price Index (ASPI) closed in red while Milanka Price Index (MPI) managed to stay stagnant amidst interest witnessed in index heavy Commercial Bank (COMB) and John Keells Holdings (JKH). Prices of blue chip counters are expected to pick up in the coming few days amidst low turnover levels.
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Lassana Flora, South Asia’s first florist company to obtain ISO 9001:2008 certification
29-March-2011
 Lassana Flora recently obtained the prestigious ISO 9001:2008 certification, thus not only becoming Sri Lanka’s first, but also South Asia’s first florist company to be thus recognised.
Since its launch in 1998, Lassana Flora has revolutionised Sri Lanka’s floral industry with its professional management and carefully developed systems. These have not only helped Lassana Flora to provide creative floral solutions at very competitive prices, but have also built its reputation as the most reliable florist in the country.
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Triad Pulls Off 3rd Time Win for
“Best TV Commercial of the Year”
29-March-2011
 CIC’s ‘Biththara Wee’ advert won the TV commercial of the year accolade at the SLIM Nielson People’s Awards held last night – a commercial which was the brain child of ad agency Triad (Pvt) Ltd. This is the third year that Sri Lanka’s top creative agency and 3 consecutive times Chillies winner bagged this award - the first two years being for its iconic ‘Api Wenuwen Api’ national campaign.
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NYK Logistics renamed as Yusen Logistics in Sri Lanka
29-March-2011
 NYK Logistics & Kusuhara Lanka (Pvt) Ltd., has announced that the company will operate under the name Yusen Logistics & Kusuhara Lanka (Pvt) Ltd. with effect from 1st April 2011, consequent to the global integration of NYK Logistics (NL) and Yusen Air and Sea Services (YAS) which led to the formation of Yusen Logistics.
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Etisalat and hSenid Mobile applauds Sri Lanka's upcoming technocrats and entrepreneurs
28-March-2011
 It was yet another significant day in the calendar of Etisalat as the AppZone Award Ceremony recognized and rewarded the best developers of the AppZone island-wide Intra-University and Inter-University competitions.
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A week of recovery at Colombo Bourse
By Jithendra Antonio
26-March-2011
Colombo Stock Indices gained while volume levels picked up marginally on Friday the 25 March 2011, All Share Price Index (ASPI) and Milanka Price Index (MPI) ended the week gaining 0.77% and 2.19% respectively.
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Watapota miracle continues at Colombo Bourse
By Jithendra Antonio
25-March-2011
Guardian Capital (WAPO) made further gains on Thursday the 24 march 2011 pushing the All Share Price Index up. The company consists of only a cash base of under Rs.550 million although, at the current share price (Rs.318) the company is valued at over Rs.8 billion at an unbelievable
premium of over 15 times according to brokers.
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 PCH Group Keeps Adding Top Notch Professionals
24-March-2011
PC House PLC (PCH) announced the appointment of Suran Fonseka, another top IT professional, as the Chief Executive Officer of Greenwich Lanka Private Limited (Greenwich). Suran has a great track record, having had leadership roles in big corporates like Virtusa, Open World and John Keells. Suran has now taken on the challenge of making Greenwich one of the most respected ICT solutions companies in the country.
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Colombo Stock prices gain amidst low volumes
By Jithendra Antonio
24-March-2011
Most Colombo listed stocks made gains on Wednesday the 23 March 2011 led by the price appreciations seen from previous day in Central Finance (CFIN) and LB Finance (LFIN). It could
be the bull run expected up to the Financial Year end in 31 March 2011 according to brokers. Milanka Price Index (MPI) recorded a welcome gain.
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Seylan Bank savours net profit of Rs. 1.2 Bn, 126% up over 2009
24-March-2011
 Seylan Bank recorded a net profit of Rs. 1.2 Bn. for 2010 which is a 126% increase compared to Rs. 543 Mn. for the previous financial year. Pre-tax profit, at Rs. 1.9 Bn., was up by a staggering 124% from 2009, the highest ever profit figure earned by the bank since its inception.
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 Experience SMART life with the
new Samsung GALAXY Smartphones
23-March-2011
Samsung Electronics., a leading mobile phone provider today announced the extension of the GALAXY family with the launch of Samsung GALAXY Ace, and GALAXY POP Smartphones. Announcing the launch, Mr. K. Shankar Narayan, Country Head, Samsung Electronics, Sri Lanka stated, “Following the phenomenal success of Samsung GALAXY S, we wanted to expand our Android based Smartphone offerings in the Sri Lankan market in keeping with our philosophy of ‘Smartphone for everyone’.
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An artificial financial rally at Colombo Bourse
By Jithendra Antonio
23-March-2011
Colombo Stock Indices gained on Tuesday the 22 March 2011 amidst exceptional gains made by a few financial and banking counters. The sudden rise in those stocks cannot be explained by fundamentals according to brokers.
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FedEx Earns Top Ten Spot on FORTUNE’s
World’s Most Admired Companies List
22-March-2011
 FedEx Corp. (NYSE: FDX) is once again among the world’s most admired companies, according to a survey published in FORTUNE magazine.
The annual “World’s Most Admired Companies” report released today listed FedEx as the #8 ranked company, up five positions from the organization’s rank in 2010. The survey measures nine attributes related to financial performance and corporate reputation.
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Dull trend continues at Colombo Bourse
By Jithendra Antonio
22-March-2011
After some volatility in early trading on Monday the 21 March 2011, market became stagnant to close the indices on red, reflecting the continued negative momentum. Volume levels remained low amidst dull investor sentiment. Turnover was boosted by the change of hands of a substantial stake of Central Finance (CFIN).
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Oriflame launches ‘Otara Handbag’ in Sri Lanka
21-March-2011
 Oriflame Sri Lanka today launched the newest product in its 2011 portfolio – The Otara Handbag – the new stylishly chic handbag exclusively created by one of Sri Lanka’s leading entrepreneurs and fashion icon Otara Gunewardene. This limited edition handbag sports a trendy colour and design perfect for today’s modern sophisticated woman. Made of shiny PU leather with a quilted stitch finish, its silver plaque is stylishly engraved for a luxurious finish while the bag’s strap safely carries your belongings with a magnetic click lock.
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Softlogic enhances Dell experience through
Concept Store in Sri Lanka
19-March-2011
 Softlogic Information Technologies one of the premiers IT companies in Sri Lanka and a pioneering subsidiary of Softlogic Holdings announced that the Dell Concept store in Colombo is entering new heights of a retail shopping experience according to a company spokesperson. The refreshed Dell Concept Store will sanction customers to view and engage with the latest Dell offerings – PC, notebooks, and netbooks. Softlogic Information Technologies also acts as the sole dealer for Dell consumer laptops in Sri Lanka.
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Commercial Bank first to activate
new World Bank credit line for SMEs
18-March-2011
 The Commercial Bank of Ceylon PLC, one of the leading providers of development credit in the country, has become the first institution in Sri Lanka to participate in the latest World Bank funded Small and Medium Sector Development Facility (SMEDeF) for the development of Small and Medium Scale Enterprises (SMEs), further extending its support to this sector.
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Janashakthi’s Conquerors triumph at
‘Awards for Excellence’ 2011 !
17-March-2011
Janashakthi Insurance with its history of creative and spectacular award ceremonies in Sri Lanka’s insurance industry recreated the elegance and grandeur of the mighty Roman Empire as it rewarded over 150 sales and other achievers with air tickets, cash rewards, trophies and certificates of excellence at their Annual Awards for Excellence 2011.
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Telecommunication and IT Minister Ranjith Siyambalapitiya says that 25, 000 Government employees will be given IT training in the near future.
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Freefall stops at Colombo Bourse
By Jithendra Antonio
17-March-2011
A fresh buying session at Colombo Stock Exchange pushed the indices up during early trading on Wednesday the 16 March 2011. Prices were stagnant thereafter amidst a dull sentiment. Low turnover and activity levels indicate both buyers and sellers are uncertain regarding the direction according to brokers. Stability at current price levels will gradually improve the turnover over the next few weeks brokers opined.
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Emirates Strengthens Its Commitment to the Seychelles
17-March-2011
 In a major move to support the Seychelles tourism industry and to provide passengers with more flexible travel options, Emirates Airline (www.emirates.com) has announced a 100 per cent increase in frequency between Dubai and the Seychelles. This route will be serviced by 14 flights every week, by the end of the year.
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Free Singapore ticket to Emirates travel insurance promo winner
16-March-2011
 Senior corporate sector personality Anthony Cassius Fernando, General Manager of the Bank of Ceylon was the winner of a free return ticket to Singapore from Emirates at the conclusion of a promotion conducted by the Dubai-based airline in collaboration with Chartis Insurance.
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Panic selling crawl the boom in Colombo Bourse
By Jithendra Antonio
16-March-2011
The All Share Price Index (ASPI) in Colombo started heading back towards 7,000 points on Tuesday the March 15 2011 after passing the mark during early January. However the Milanka Price Index is coming down at a lower rate comparatively, as it remained stagnant during the period in which the ASPI made rapid gains.
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New management to strengthen
Nation Lanka's stability
15-March-2011
 Nation Lanka Financial PLC, a leading financial services firm, revealed the beginning of a new phase in the company today, with the announcement of its new board of directors.
Accordingly the company's news board will be headed by Chairman Mr. Jayantha Dharmadasa and Chief Executive Officer Mr. Bede Fernando. The directors will comprise of Mr. Asanga Seneviratne, Mr. Harshith Dharmadasa, Mr. Jayaprakash Rudra, Mr. Lalith Karunaratne, Mr. U.H. Palihakkara and Mr. Chandra Sahabandu.
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‘Celeb Chat’ tribute to Gamini Fonseka on
his 75th Birth Anniversary
15-March-2011
 CSN/Prime TV’s “Celeb Chat” pays tribute to screen legend the late Gamini Fonseka on his 75th birth anniversary which falls on Monday 21 March 2011.
Long-standing collaborators in the Sinhala film industry Tony Ranasinghe and Veena Jayakody take you back to those good old days with unforgettable incidents and anecdotes, on-screen and off-screen, with Gamini Fonseka, while daughter Dr. Thanuja Fonseka Abeynayake recalls fond memories of her beloved father.
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Seylan looks to even greater heights in 2011 VRS presents win-win course for Bank and Staff
15-March-2011
Seylan Bank which recorded a tremendous turnaround in its performance over the past two years, achieved the highest ever profits in the history of the Bank in 2010. While Seylan’s profitability grew by 126% over 2009, its NPA reduced by 8%.
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Colombo Bourse fall continues
By Jithendra Antonio
15-March-2011
Colombo Stock Market activity was lackluster on Monday the 14 March 2011 as institutional and high
networth investors continued to be on the sidelines. Short term profit taking has brought down indices over the last couple of weeks. A period of consolidation was due in view of the rapid gains made since December according to some brokers.
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Hameedia partners SLIM on ‘Mod-Tradi’
14-March-2011
 Sri Lanka’s leading menswear specialist Hameedia recently joined hands with the Sri Lanka Institute of Marketing (SLIM) on its highly successful - “The New Mod-Tradi Consumer”, a forum of national importance where the country’s leading marketing and research experts discussed with Sri Lanka’s marketing fraternity, the relevance of understanding the changing landscape of Sri Lankan consumer to achieve high corporate performance.
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MICROSOFT SRI LANKA’S ‘GENUINE SOFTWARE INITIATIVE’ TO
UNDERLINE RELIABILITY, SECURITY AND SUPPORT
14-March-2011
 Across the globe, Microsoft, along with many other Intellectual Property stakeholders, strives to protect its customers and partners from counterfeit and pirated software. The Organisation for Economic Development, based in Paris, France estimates that the value of counterfeit goods and pirated copyrights in world trade grew from US$ 100 billion in 2001 to US$ 250 billion in 2007.
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‘Dias House’ triumphs at Visakha’s Inter-House Swimming Meet 2011 Nadeera Jayasekara swims to victory in Women's 800m Event
14-March-2011
 Dias House emerged champions, with 375 points, at Visakha Vidyalaya's annual Inter House Swimming Meet held at the School's Swimming Complex recently. Dawes House (367 points) and Jayathilaka House (321
points) were adjudged second and third respectively.
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DSL Introduces New Battery Zone
11-March-2011
 Douglas and Sons (Pvt) Ltd (DSL), Sri Lanka’s premier importers and distributors of automotive batteries, tyres and automobile spare parts, recently opened a Battery Zone at Sangaraja Mawatha, Colombo 10. This new office, adjoining their corporate head office is offering free battery checks and servicing for vehicle owners.
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Bears get lifeblood with slight gains at Colombo Bourse
By Jithendra Antonio
11-March-2011
Indices gained slightly on Thursday the 10 march 2011, after Colombo All Share Price Index (ASPI) shed 321 points and Milanka Price Index lost 182 points over the last 3 days. While undervalued stocks do exist, the rise of certain illiquid stocks seems to have overheated the overall market according to brokers.
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Nawaloka Enters the Lubricant Market
10-March-2011
 Nawaloka ABC Petroleum (Pvt) Ltd, a member of Nawaloka Holdings, has entered the Lubricant market with ‘Total’ Oil, the French multinational oil company presently operating in over 130 countries with over 96000 employees world wide. ‘Total’, a Fortune 500 company with an annual revenue exceeding 150 billion Euros, engages in all aspects of the Petroleum Industry, such as oil and gas exploration, development and production, *LNG, refining, trading, as well as the shipping and transport of crude oil and petroleum products.
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Virtusan Chamindra de Silva speaks at an Open Source Conference organized
by University of Delhi
10-March-2011
 Virtusa’s Head of Strategic Initiatives (GTO), Chamindra de Silva was recently invited by the University of Delhi to give a presentation and be a panelist on Open Source in their international conference on Open Paradigms in Education. The event was held in the renowned India International Centre and was organized by the Acharya Narendra Dev College of the University of Delhi.
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People’s Bank partners Dialog Axiata to provide banking information via mobile
10-March-2011
 People’s Bank, the largest bank in Sri Lanka with over 680 branches islandwide and 12 million customers joined up with Dialog Axiata, the telecom operator with the largest customer base, to introduce an innovative new service to educate customers on its financial services products via mobile.
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Scan Products receives ISO certification for
Food Safety and Quality
09-March-2011
 Scan Products Division, an affiliate of the reputed C.W. Mackie PLC, received an upgrade from ISO 9001:2000 to the current ISO 9001:2008 certification and ISO 22000:2005 Accreditation recently. This certification endorses the Company’s commitment to excellence and to upholding the highest quality standards across its services.
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Etisalat; principle sponsor of the Royal-Thomian for the 2nd Consecutive year
08-March-2011
Etisalat steps on board as principle sponsor for the prestigious 132nd 'Battle of the Blues', for the 2nd year running. Now in its 132nd year, the annual Royal -Thomian Cricket encounter, the oldest encounter in the world will take place at the Sinhalese Sports Club Grounds, thronged by enthusiastic present and past students of two of the most prestigious schools in Sri Lanka; Royal College and St. Thomas’s College. (L-R): Upali Gunasekera (Principle- Royal College), Rev. John C Puddefoot ( Warden- St. Thomas' College),Dumindra Ratnayaka (CEO- Etisalat Lanka ) |
Aspirations Education Foundation “Apeksha Scholarships” creates a platform for students pursuing higher education overseas to help build the future of another
08-March-2011
Aspirations Education (AE) an international career guidance and student placement service center in Sri Lanka has ventured in to an industry first sustainability model providing access to education for the deprived through the contribution of the able individuals who travel overseas pursuing their education.
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Emirates Signs $2.2 Billion TotalCare® Deal with Rolls-Royce
08-March-2011
Rolls-Royce, the global power systems company, has signed a TotalCare® long term services contract valued a $2.2 billion with Emirates, covering Trent engines for 70 Airbus A350XWB aircraft. This contract brings the airline’s entire Rolls-Royce powered fleet of 128 aircraft under TotalCare® arrangements.
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Long Correction Continues in Colombo listed Stocks
By Jithendra Antonio
08-March-2011
The All Share Price Index (ASPI) was uneasily in green during early trading on the Monday the 7 March 2011 while the Milanka Price Index (MPI) was more in red. However, profit taking across the board closed the ASPI deeper in the red.
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Etisalat partners Tritel in enabling 24/7, island wide re-load service
08-March-2011
No matter what time of day or night, no matter where you are; you can now reload your Etisalat connection from a Tritel booth. Etisalat has partnered Tritel in bringing convenience to the doorstep of the customer, enabling the reloading of an Etisalat connection by just inserting coins into a Tritel booth.
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Lanka Hospitals Lifts Turnover at Colombo
By Jithendra Antonio
05-March-2011
Indices recovered from earlier day’s sharp dip on Friday the 4 march 2011, while the market turnover surged to its highest since late December 2010 supported by a crossing in Lanka Hospitals. The week, which witnessed large fluctuations in the All Share Price Index (ASPI), concluded with ASPI and Milanka Price Index (MPI) declining 2.29% and 1.95%, respectively.
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Long expected correction at Colombo Bourse
By Jithendra Antonio
04-March-2011
Heavy selling during early trading saw the indices drop sharply on Thursday the 3 march 2011 while profit taking continued and the activity got subdued at the end amidst stagnant market conditions. However, Lanka Hospitals (LHCL) and Ceylon Guardian (GUAR) attracted investors.
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CISI launches Sri Lanka office
04-March-2011
 The Chartered Institute for Securities & Investment (CISI) has opened a new international office and operations centre in Colombo, Sri Lanka. In recognition of the demand for qualified and knowledgeable candidates to support Sri Lanka’s financial services industry CISI’s new Colombo office is under the management of Arwa Tapia, Country Head, Sri Lanka and India, with Brian Selvanayagam as Senior Business Development Manager for the CISI in Sri Lanka.
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‘adidas’ powers Chamara Kapugedara
03-March-2011
 The world’s Number One sports brand, ‘adidas’, powers Sri Lanka’s upcoming cricketer young Chamara Kapugedara with the latest collection of footwear for the current
2011 Cricket World Cup and beyond. ‘adidas’ Brand Manager Leroy J. Ebert said, “adidas is delighted to partner with a cricketer of the caliber of Chamara Kapugedara.
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Kapila Ariyaratne, new CEO at Seylan Bank
03-March-2011
 Seylan Bank PLC today announced the appointment of veteran banker, Kapila Ariyaratne as its new General Manager / Chief Executive Officer.
Ariyaratne is a versatile banker and brings with him more than 25 years of wide ranging experience in the banking industry. Making his entry into banking in 1984 as a Management Trainee at Grindlays Bank PLC, Ariyaratne spent the next 27 years with several local and international banks, including ABN Amro Bank NV, Mashreq Bank PSC, Arab National Bank (Riyadh), People’s Bank and Nations Trust Bank PLC thus giving him the benefit of having worked with international, state sector as well as private sector banks, both locally and abroad.
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Prices tumble at Colombo Bourse
By Jithendra Antonio
03-March-2011
Colombo All Share Price Index (ASPI) dipped on Tuesday the 1 March 2011 amidst selling witnessed on certain illiquid counters which experienced rapid price fluctuations during last few days. Continued profit taking across the board weighed on the indices as well, whilst considerable institutional and high networth activity was also witnessed.
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SriLankan Airlines to start services to Kochi and increase capacity to four cities
02-March-2011
 SriLankan Airlines continues to expand its global route network, with increases in capacity starting in March to Karachi, Bahrain, Doha and Muscat, and the launch of a daily service to Kochi. Just last November, SriLankan increased capacity across its network in support of Sri Lanka’s rapidly expanding tourism industry which is enjoying good times following the permanent end to a 30-year war. Tourist arrivals grew by 46% in 2010.
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Intel Promotes Global Competition Through ISEF
01-March-2011
 The Sri Lanka Science and Engineering Fair (SLSEF) 2010, took place recently at the Institution of Engineers Sri Lanka (IESL) auditorium. This event, a prelude to the Intel International Science and Engineering Fair (ISEF) is an opportunity for local students to showcase cutting edge ideas and to be able to compete at the global event to be held in May 2011.
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Royal College celebrates ‘PASCH DAY’ on grand scale
01-March-2011
 Royal College Colombo, recently celebrated ‘PASCH’ Day on a grand scale. Chief Guest was His Excellency Jens Uwe Ploetner, Ambassador of Germany in Sri Lanka.
Also present on the occasion were Dr. Stefan Weckback, Charge d’ Affaires of the Embassy of the Federal Republic of Germany, Director of the Goethe Institute Bjorn Ketels, Principal of Royal College Mr. Upali Gunasekera, Deputy Principal Royal College and Sri Lanka’s National PASCH Coordinator Mrs. Lakshmi Attygalle and several others.
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Special flight to Mumbai for World Cup finals
31-March-2011
SriLankan Airlines will operate an additional flight to Mumbai (Bombay) on Saturday, April 2nd to cater to cricket fans who wish to support our team in Mumbai.
The special flight will leave Bandaranaike International Airport at 7 am and arrive in Bombay at 9.25 am. The special flight will depart Mumbai on April 3rd at 5 am and arrive in Colombo at 7.20 am.
This flight to Mumbai is in additon to the Airline's regular daily frequency to Mumbai. Book your next SriLankan Airlines flight from the convenience of your home or office at www.srilankan.aero |
The magic of Kochi beckons…… with SriLankan Holidays
31-March-2011
With the re-launch of SriLankan Airlines daily frequencies to Kochi in Kerala, SriLankan Holidays the holiday arm of the airline, is offering some exciting and comprehensive packages, at very competitive rates for a quick getaway from Colombo.
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Emirates treats children to Flying Catch at Premadasa Stadium
30-March-2011
Only the screaming spectators were missing when a group of aspiring young cricketers visited the R. Premadasa stadium on the eve of co-host Sri Lanka’s semi-final clash with New Zealand for a place in the finals of the ICC Cricket World Cup 2011.
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Ceylinco Healthcare Centre enhances IMRT facilities
29-March-2011
The Ceylinco Radiation Treatment Unit of Ceylinco Healthcare Centre, the country’s only state-of-the-art private radiation treatment centre for cancer treatment, has acquired a sophisticated new device which further enhances its facilities for intensity-modulated radiation therapy (IMRT) for the treatment of various forms of cancer.
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Celeb Chat celebrates
Dr. Lester James Peries on his 92nd Birthday
29-March-2011
CSN/Prime TV's Celeb Chat pays tribute to the Doyen of Sinhala Cinema Dr. Lester James Peries on his 92nd birthday which falls on Tuesday 05 April 2011.
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SRILANKAN CARGO EXPANDS ITS
AUTHORISED AGENTs COUNTRYWIDE
24-March-2011
SriLankan Cargo opened its first Cargo Authorised Agents office in the Southern Province, in its capital city Galle recently. The office on Ma tara Road , Katugoda, Galle, was jointly opened by Cargo Sales Manager, SriLankan Airlines, Mr Mahiman Yapa and CEO of Trico Maritime, Mr Milton Kuruppu.
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‘MageGedara’, a leading house construction company moves
its Main Office to a new location in Gampaha
24-March-2011
At an auspicious time, the main office of ‘MageGedara’ was ceremoniously opened at a very convenient location close to the Gampaha Hospital.
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Ceylinco Life posts sector-leading Premium Income of
Rs 8.8 bn in ’10
23-March-2011
Ceylinco Life has announced that it ended FY 2010 with total income of Rs 12.2 billion and Gross Written Premium income of Rs 8.786 billion, consolidating its position as Sri Lanka’s largest life insurer for the seventh successive year.
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zMessenger partners with
Sri Lanka Cricket introducing novel “Hit Cricket Show”
22-March-2011
zMessenger (Pvt) Ltd. a premier integrated mobile media company, entered into an agreement with Sri Lanka Cricket (SLC)to develop and transmit mobile based value added services to Cricket devoted fans of Sri Lanka all around the world.
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Arpico introduces “Avuruddama Avurudhu” New Year promotion
where you can
“Shop Free” for a whole year
22-March-2011
This festive season, Arpico Supercentres, Sri Lanka’s largest and superior large format retailer, where you can purchase almost anything under one roof, has introduced a novel and attractive promotion titled “Avuruddama Avurudhu”, offering a whole host of prizes and surprises to its customers throughout the island.
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Emirates Boosts South African Services with
Second Daily Flight to Cape Town
21-March-2011
Emirates is to strengthen its commitment to South Africa with the launch of a second daily flight to Cape Town. The new service will offer passengers more choice and flexibility, as well as connect seamlessly to a wide range of onward destinations. “South Africa and the United Arab Emirates enjoy a thriving trade and investment relationship and the launch of our second daily service to Cape Town will help boost this further by supporting new business and tourism opportunities,” said Richard Vaughan, Divisional Senior Vice President of Commercial Operations Worldwide.
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PC House Reaches out to flood victims in Anuradhapura
18-March-2011
PC House a prominent player in the local ICT industry since 1997, proves once again that it is not always about making profit, but also about making a difference.
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Asia Commerce Limited opens in Negombo
17-March-2011
Leasing experts, Asia Commerce Limited (ACL) opened its 3rd branch, in the bustling city of Negombo on March 16th, 2001 at No. 33, Old Chilaw Road, Negombo.
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Ceylinco Life’s annual bonuses for 2010 top Rs. 1.5 billion
17-March-2011
Life insurance leader Ceylinco Life has announced that 310,000 policyholders will receive a record Rs. 1.59 billion in annual bonuses this year, from the surplus generated by its Life Fund in 2010.
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Top honors for Kia Motors at red dot design awards
15-March-2011
Kia Motors has been awarded top honors in two categories at this year’s red dot product design competition in Germany.
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NAWALOKA CONSTRUCTION RECEIVES PRESTIGIOUS AWARD
15-March-2011
Nawaloka Construction a frontline player in the construction industry today and with an impressive track record,is the very first company in Sri Lanka to be awarded the prestigious BS –OHSAS 18001:2007 certification from Moody International Certification Ltd, of the UK.
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Capital TRUST Securities Ranked No. 1 in 2010
14-March-2011
Capital TRUST Securities, the stock broking company with the highest net capital, has been Ranked No. 1 in terms of turnover of shares transacted, turnover of brokerage fees and number of transactions executed in 2010, according to the figures released by the Colombo Stock Exchange (CSE).
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MARKSS HLC sponsors Sri Lanka’s first ever ‘Communication Skills Workshop’ at the National Cancer Institute, Maharagama
14-March-2011
MARKSS HLC, one of Sri Lanka’s leading pharmaceutical and medical equipment importers and distributors sponsored the first ever ‘Communication Skills Workshop’ at the Sri Lanka National Cancer Institute in Maharagama.
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Global Hospitals Group, one of India’s leading healthcare institutions appoints Forte International as their business partner
to Sri Lanka and Maldives
11-March-2011
To effectively reach out to the patients across Sri Lanka and to ensure they receive world class healthcare services, Global Hospitals Group, India’s leading healthcare institution with 9 hospitals across the country has appointed Forte International as their business partner.
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Russels Tea now at Batticaloa
11-March-2011
Russels Tea is now available in Batticaloa from the 08 March 2011.
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Intel Challenge Trophy 2011
Unbeaten On 7
10-March-2011
The ICT Annual Cricket Tournament organized by the Federation of Information Technology Industry Sri Lanka (FITIS) was held recently for the 7th year running amidst many participants in the IT industry.
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Etisalat rewards seasonal well-wishers
10-March-2011
In an innovative seasonal promotion, Etisalat rewarded participating customers in a truly unique way. Customers were asked to SMS to Etisalat anything tangible they desired or wished for in the New Year.
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SriLankan Airlines awards scholarships to its finest children
09-March-2011
SriLankan Airlines awarded scholarships to children of employees for the 11th successive year, strengthening its support for the education of children throughout the country.
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Commercial Bank expands 365 day banking in Moratuwa
09-March-2011
The Commercial Bank of Ceylon PLC has opened a Service Point which also serves as a 365-day banking centre at Katubedda, further strengthening its operations in the Moratuwa area.
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Ceylinco Life policyholders explore Singapore
08-March-2011
Life insurance leader Ceylinco Life has rewarded 50 policyholders with their families with a remarkable, four day Singapore tour in the first phase of the company’s fourth ‘Family Savari’ programme.
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Bogawantalawa Tea setting social accountability standards in the global tea industry
05-March-2011
Bogawantalawa Tea Estates PLC (BTE PLC) has yet again reaffirmed to be the leader in a closely competed global industry by obtaining a series of international social accountability certificates for industry best practices.
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Nestlé Nutrition Institute Fosters Continuous Nutrition Education on Probiotics
04-March-2011
Nestlé Nutrition organized a scientific symposium in Colombo recently for local Health Care Professionals to discuss the importance of probiotics in Caesarian babies with Prof. Luc Cornette - Prof. of Pediatrics & Neonatology, Head of the Neonatal Intensive Care Unit, AZ St Jan Bruges-Ostend AV, Bruges, Belgium, who shared his specialized learning on the subject through a detailed presentation.
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NOLIMIT donates Rs. 2.5 million to Deyata Kirula
03-March-2011
NOLIMIT donated Rs. 2.5 million towards this year’s annual Deyata Kirula exhibition held in Buttala recently.
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TFC new plans
01-March-2011
The new chairman of the The Finance Company PLC, Mr. Preethi Jayawardana announced a series of new plans to propel the company with renewed vigor towards achieving greater stability, sustainable growth and development, which he said will undertake with the support of the highly experienced new Board of Directors.
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read in Sinhala >> |
Ceylinco Diabetes Centre launches unique Diabetes Screening Package for senior citizens
01-March-2011
A special concessionary – priced package to promote proper management of diabetes among the senior citizens in Sri Lanka has been launched by the Ceylinco Diabetes Centre in recognition of the fact that advancing age is a major risk factor in the development of most diseases.
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