August 2020 - Page 3 of 20 - Lanka Business News

August 30, 2020

Founder Chairman Osman Kassim retires upon completion of 9 year statutory tenure Ali Asghar (Asgi) Akbarally has been appointed as Chairman of the Board of Directors of Amãna Bank upon the retirement of the Bank’s Founder Chairman Osman Kassim. Leaving a strong legacy in the Islamic banking industry in Sri Lanka, Osman Kassim retired from […]

August 26, 2020

Situated at Narhenpita, the 32-storey “Mehewara Piyasa” building complex, which houses the Department of labour, and other institutions under them, currently holds the record for being the tallest building owned by the Government. Being a location where all social protection services are under one roof, the complex has allowed the government to offer more efficient […]

August 26, 2020

The Rough T-Shirts brand recently marked the celebration of its 22nd successful year in the T-Shirt and Apparel Industry by furthering their e-commerce presence and market reach, offering customers a 22% discount from 22nd to 30th August on all online purchases. Speaking with Head of Marketing, Rough T-Shirts – Mr Yaseen noted “Whilst thanking our […]

August 26, 2020

Seylan Bank partnered Ideal Motors, a fully owned subsidiary of the Ideal Group and the sole Authorized distributor for Mahindra Motor vehicles and motorcycles in Sri Lanka, to provide convenient leasing solutions for consumers looking to purchase Mahindra motor vehicles. Through this partnership, eligible customers who wish to purchase any Mahindra vehicles including motors cars, […]

August 26, 2020

G M A de Silva, one of the most trusted jewellers for the consumers in Southern Sri Lanka, will be celebrating its 100th anniversary this year. GMA de Silva (Pvt) Ltd. was Founded in 1920 by late G.M.A de Silva as a trusted gold pawning operation in Ambalanoda. In 1956 the son of the founding […]

August 26, 2020

Leverages long-standing relationships with international carriers to ship exports Leading integrated global logistics solutions provider, Expolanka Freight (EFL) announced the successful completion of two shipments of general and perishable goods out of Mattala Rajapakse International Airport (MRIA) utilising converted incoming passenger repatriation flights last week. Given the company’s role as the first to move cargo […]

August 25, 2020

Leading insurance solutions experts, Union Assurance unveiled Sisumaga+, a unique protection-based plan specially designed to ensure uninterrupted education from childhood through to university. Sisumaga+ is for parents who wish to make provision for their child’s academic expenses for University or tertiary education, ensuring that the higher education costs are met, even in the unfortunate circumstance […]

August 23, 2020

With the appointment of the new cabinet of ministers bringing about, a re-start to Sri Lanka’s economic activities, the Colombo Stock Brokers Association (CSBA) extends its wholehearted congratulations and best wishes to the new government, Hon. Prime Minister Mahinda Rajapaksa, and newly-appointed State Minister Hon. Ajith Nivard Cabraal for Finance, Capital Markets, and State Enterprise […]

August 23, 2020

Sri Lanka’s technological transformation is at the forefront of His Excellency President Gotabaya Rajapaksa’s vision for the country. To strengthen the execution of this digital roadmap, three strategic new appointments have been made to the board of the Information Communication Technology Agency of Sri Lanka (ICTA). The new appointments are leading Sri Lankan tech personalities […]

August 23, 2020

Softlogic Capital bullish on tech driven business strategy Softlogic Finance PLC, a subsidiary of Softlogic Capital PLC has announced a capital infusion of Rs. 1.9 Billion by way of a Rights Issue. The Company will issue eight new shares for every five shares held by ordinary shareholders and the shares will be provisionally allotted to […]

Asgi Akbarally appointed as Amãna Bank Chairman

Abans FMI offers innovative Integrated Facility Management to the Department of Labour in Sri Lanka

Rough T-Shirts Celebrate 22 years of excellence with 22% discounts island-wide

Seylan Bank partners Ideal Motors to facilitate convenient Leasing solutions

Ambalanoda G.M.A de Silva Jewellers marks 100 golden years of business in 2020

Expolanka supports post-COVID revival of air freight forwarding from Mattala Airport

Union Assurance Introduces Education Protection Through Sisumaga+

Colombo Stock Brokers Association commends the appointment of a special minister extends well wishes to the new government

ICTA board further strengthened by leading industry tech personalities

Softlogic Finance to infuse Rs. 1.9 Billion capital through a Rights Issue