Lankan Angel Network (LAN) which is Sri Lanka’s largest network of business professionals and experienced entrepreneurs who actively seek and invest in early stage, innovative and scalable ventures. LAN founded in 2012 with a vision to create an investor network to fund and mentor local entrepreneurs and introduce the Angel Investing concept to Sri Lanka. Since then…
The Ceylon Tobacco Company PLC (CTC) recently bestowed the company’s highest honour, the Chairman’s Award, on External Affairs Counsel, Sudesh Peter. The award recognizes outstanding personal contribution to the growth and development of the company during the previous year. Sudesh’s role at CTC involves making sure that the company is compliant with all applicable laws…
Cargills Bank partnered with Crosspay, a new generation money transfer service provider to enhance and strengthen the remittance services offered by the bank. The partnership is set to cash in on the growing demand for instant, digital remittances among the Sri Lankans living abroad, especially for Sri Lankans living in the United Kingdom, Denmark, Norway…
Sri Lanka’s 100% local dairy manufacturer Pelwatte Dairy Industries Limited (PDIL) recently further strengthened its operations with the appointment of a new Managing Director and Operations Director at its state-of-the-art Buttala manufacturing plant. Akmal Wickramanayake was appointed as Managing Director of Pelwatte Dairy Industries in early 2017, taking over management responsibilities of the company that…
In the aftermath of the massive fire that broke out on Saturday 12th May 2018 at the Hameedia main storage facility at Borupana Road, Ratmalana, causing extensive damage to the building and goods inside, the Hameedia Team wishes to extend its heartfelt gratitude to those who extended their support during this tragedy. “Together with my…
• Fourth quarter fiscal 2018 revenue of $281.3 million, increased 6.6% sequentially and 24.5% year-over-year, inclusive of $5.7 million from the eTouch acquisition. • Fourth quarter fiscal 2018 diluted EPS was $0.06 on a GAAP basis, and $0.55 on a non-GAAP basis, up 17% sequentially. • Fiscal year 2018 revenue of $1,020.7 million increased 18.9%…
Achieving yet another important milestone for Sri Lanka’s leading private hospitals multi-chain, Hemas Hospital Thalawathugoda Laboratory has obtained the ISO15189:2012 certification recently. Aimed at standardizing the quality and competence of clinical laboratories around the world, ISO 15189:2012 also known as the ‘Gold Standard’ – is a universal seal of quality that can have a profound…
Amãna Bank recently opened its third Self Banking Centre at Thihariya under the patronage of Vice President – Treasury & Financial Institutions M. Pharis Jazeel alongside the Bank’s Head of Deposit Mobilization Arshad Jamaldeen, customers and staff of the Bank. Centrally located at No. 124/9, Kandy Road, Thihariya, the Self Banking Centre facilitates 24×7 customer…
~ Current and Savings liquidity Growth over 10 Bn As the country’s leading Private Commercial bank in Sri Lanka, HNB has taken a keen interest in developing its Cash Management business which is now a key business vertical of the Bank. With HNB’s fleet of collection solutions, corporates can now outsource their entire collection management…
The 26th Annual Interbank Quiz Competition organized by the Clearing Association of Bankers (CAB) was held recently at the Balmoral Hall of the Kingsbury in Colombo. The Hatton National Bank – A Team emerged victorious once again, outshining 29 teams representing several commercial, development and savings banks in the country. People’s Bank – D Team…
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