Dulux Pentalite, the cutting edge decorative paint from global industry leader AkzoNobel Paints was recently re-launched with an enhanced brand delivery at a spectacular event attended by over 900 industry partners. The re-launch is the result of further innovation of the product by parent company AkzoNobel, who have studied the specific Sri Lankan context and…
Singapore’s digital payment landscape is on the verge of a revolution with the launch of Kashmi (pronounced Cash-Me) – a mobile peer-to-peer payment platform developed by a team of Sri Lankans. The application enables users to transfer money on the spot and free of charge via smart phones and has already sparked interest from regional…
The Dreamron College of Art and Beauty, a member of the Dreamron Group of Companies, has embarked on a new journey to assist those wanting to pursue their higher education in Japan and worldwide. To this end, they have partnered with Japanese Language schools, technical colleges and prestigious Universities. Students interested are required to participate…
Hayleys M G T- Knitting Mills PLC has recorded a profit after tax of Rs. 90 Million (USD 680,000) for the financial year ending 31st March 2015, delivering a profit growth of 149% and a top line growth of 6% year on year. FY 2014/15 marked the first year of the Company recording a surplus…
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 11.9 billion, profit before tax of Rs. 1,070 million and profit after tax of Rs. 873 million for 2014/15. The earnings per share of equity holders of the company were Rs. 23.39 for the year. Haycarb is the pioneer manufacturer of coconut shell activated carbon…
The Hirdaramani Group’s IT arm, H One (Pvt) Limited, has plans to clear office desks of paper and make filing cabinets redundant, with their latest partnership with an innovative cloud-based software from leading US-based Software company, One Paper Lane. H One, the No. 1 cloud provider in Sri Lanka is adding another chapter in their…
In an effort to provide better understanding and proactive growth in the business and human resources field, the Colombo Leadership Academy (CLA) recently presented a series of Business Strategy workshops with renowned emotional intelligence guru Archana Law. Tailored to provide better insights and the right tools to utilize emotional intelligence in the day to day…
ATOM Technologies, high quality retail, corporate and consumer media solutions providers, re-launched its portfolio at its inaugural store recently. Founded in 2007, the company has established a strong distribution network island-wide, in addition to entering the Middle Eastern market via stores in Dubai and Bahrain. Based out of its corporate office in Nugegoda, Sri Lanka,…
Continuing its rapid expansion drive, lotteries innovator Mahapolo Lotto has taken another giant leap forward in its growth, partnering with fellow innovator LAUGFS Supermarket outlets to deploy the tamperproof Mahapola Lotto ticket machines across all 35 LAUGFS of its store locations. As such, all LAUGFS Supermarkets will soon start carrying the entire range of Mahapolo…
Dipped Products Group (DPL), posted a turnover of Rs. 27.7 billion, a 20 percent increase for the financial year 2014/15 with a Profit Before Tax (PBT) of Rs. 1.7 billion. Hand Protection, the company’s glove making business contributed Rs. 15 billion to turnover, up 12 percent and a PBT of Rs. 1.5 billion, up 65…
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