The Bank recorded a modest post-tax profit of Rs. 71Mn for the 9 months ended 30 Sep 2018.This reflects a growthof 56% over the corresponding period of last year, after discounting the one-off gain of Rs. 481 Mn from the disposal of its subsidiary. Net Interest Income of Rs. 1,530Mn improved by 46%, reflecting increased…
The National Mobile Service Provider, Mobitel, successfully concluded another episode of its much acclaimed loyalty rewards programme with the ‘Mobitel Cash Bonanza Carnival’ at the Nittambuwa Public Grounds on 27th of October 2018. The event concluded on a very high note with the enthusiastic participation and overwhelming support of their much loyal customer base. This…
Following on the resounding success of the Sri Lanka’s first ever IRONMAN 70.3 Colombo triathlon, organizers Pro-Am Serendib and Hayleys Tours announced that Colombo’s most prestigious city hotels were once again signing on as Partner Hotels for the triathlon that is set to take place early next year. As was the case with the inaugural…
The apex body of the gem and jewellery industry of Sri Lanka, the Sri Lanka Gem and Jewellery Association (SLGJA), recently appointed the new governing body consisting of many stalwarts from the industry. The committee to handle the industry’s symbolic event, FACETS, was also announced simultaneously. The Sri Lanka Gem and Jewellery Association was inaugurated…
Demonstrating its commitment to product excellence once again, Swisstek Aluminium Limited was recently awarded the prestigious QUALICOAT certification for its aluminium products. Swisstek Aluminium is the first and only aluminium manufacturer in Sri Lanka to receive this certification, which was awarded after its powder coated aluminium products passed several rigorous, standardised tests, involving carefully selected…
AIA Insurance Lanka PLC has entered into a strategic partnership with Sampath Bank PLC on insurance premium payments to enhance customer convenience. Appointing Sampath Bank as its payments channel in Sri Lanka, AIA has opened up a wide mix of the Bank’s physical and digital touchpoints to its policyholders and Wealth Planners. They will now…
Longtime Lankan Angel Network (LAN) member Murali Sundar, through his Canada-based multinational company Marcatus QED Inc, has signed on as the Platinum Sponsor for Geek Challenge (YGC) Season 7, which concludes with a Grand Finale in Colombo on November 17, 2018. This annual startup competition, organized by the Yarl IT Hub, recently held its Semi…
In a bid to revolutionize the advertising and digital communications industry, Arimac Digital recently unveiled WynkAR—the Country’s one and only augmented reality platform available to smartphone to blur the line between offline and online advertising. The platform will allow users to look at real-world objects enhanced with text and digital graphics through their smartphone cameras….
Samsung Sri Lanka recently launched Galaxy A7, with a stunning design, powerful Rear Triple Camera, striking new colours and superior performance. Galaxy A7 has been developed based on the consumer insight that nearly half of the Sri Lankan millennials use their smartphone cameras daily and their rear camera twice as much as the front camera….
Toastmasters public speaking champion Tharindu Ameresekere launched his first publication TOFSYM – Think on Feet & Speak Your Mind dedicated to Impromptu Speaking on the 2nd of November 2018. The event was held at the Mango Tree Lounge amidst a selected group of invitees. Tharindu is currently a senior lecturer specialising in Business Economics and…
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