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Al Ansari Exchange partners with SriLankan Airlines

Al Ansari Exchange, the UAE-based foreign exchange and worldwide money transfer company, said it has signed an agreement with SriLankan Airlines, the country’s national carrier, to facilitate ticket payments. As per the terms of the agreement, SriLankan Airlines customers will now be able to make payments through more than 170 UAE-wide Al Ansari Exchange branches….

(0)Comments | February 26, 2017 8:24 pm

First details of Nokia’s ‘new’ 3310 revealed

Retro handset will have color display and be thinner and lighter than the original The original 3310 was released in 2000 and achieved cult status Revamped version is one of four handsets Nokia is rumoured to be revealing The new 3310 is likely to cost just €59 (around £49) More details expected at the Mobile…

(0)Comments | February 24, 2017 2:02 pm

Sri Lankan shares end firmer; earnings lift sentiment

Sri Lankan shares ended slightly firmer on Thursday, further moving away from a more than one-week closing low hit earlier in the week, as better-than-expected corporate earnings boosted sentiment, although concerns over rising rates capped gains. The Colombo stock index ended 0.14 percent firmer at 6,138.14. It fell 0.35 percent on week. The bourse will…

(0)Comments | February 24, 2017 10:26 am

Global Lifts & Escalator Expo 2017 Inaugurated at SLECC

The Pristine Emerald Island will see an internationally acclaimed GLOBAL LIFT AND ESCALATOR EXPO (GLE EXPO), was successfully inaugurated yesterday February 22nd at the Sri Lanka Exhibition & Convention Center, Colombo. This Expo will help showcase Elevator and Escalator, components and accessories manufacturers. This will be a one-stop shop both for learning about the industry…

(0)Comments | February 23, 2017 5:25 pm

Singer Sri Lanka reports strong growth in 2016

Singer (Sri Lanka) PLC announced today its results for the year ended December 31, 2016. The results showed excellent growth. Group Revenue increased 21% over the previous year to Rs. 46.9 Billion and Group Net Profit increased 91% to Rs. 2,358 Million. The growth in Revenue and Net income is primarily due to the significant…

(0)Comments | February 23, 2017 3:28 pm

Galle Face Hotel Hosts United States Congress Representatives

South Asia’s leading Grande Dame, the Galle Face Hotel is one of Colombo’s most iconic institutions. For over 150 years, the landmark hotel has set the bar for luxury accommodations and is the preferred choice for guests. Recently, the hotel was host to a group of United States Congress Representatives who were in Sri Lanka…

(0)Comments | February 23, 2017 2:13 pm

Eguardian Lanka highlights Cyber Security concerns for financial services sector

~ World’s foremost cyber security expert, Jacob Williams, shares insights at CIO Forum Eguardian Lanka shed light on emerging cyber security threats to the financial services industry at its “Way Forward to Cyber Resilience” CIO Forum in Colombo recently. Senior cyber security specialists from the company shed light on how banks and other financial service…

(0)Comments | February 23, 2017 11:13 am

Lanka Bell races to connect 35,000+ households and businesses in record time with Bell4G

Lanka Bell, Sri Lanka’s iconic telecom operator has achieved a significant milestone by reaching 35,000+ households and businesses with its fourth-generation LTE internet connectivity branded as Bell4G. Within a short duration, Bell4G has raised the bar from serving 15,000 to 35,000+ customers. Moreover, Bell4G enables Lanka Bell to be on par with or supersede the…

(0)Comments | February 23, 2017 10:16 am

Sri Lankan shares edge up as investors pick up bank stocks

Reuters – Sri Lankan shares rose slightly on Wednesday from a more than one-week closing low hit in the previous session as investors bought banking shares, but concerns over rising interest rates weighed on sentiment. Yields on treasury bills rose 3-10 basis points at a weekly auction on Tuesday. They have risen 44-73 basis points…

(0)Comments | February 23, 2017 10:01 am

Aitken Spence reaffirms support to CA Sri Lanka with Lead Sponsorship

Leading blue chip conglomerate, Aitken Spence PLC has once again reaffirmed its support to the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) with yet another lead sponsorship. The sponsorship cheque was recently handed over to CA Sri Lanka President Mr. Lasantha Wickremasinghe by Aitken Spence’s Deputy Chairman and Managing Director, Mr. J…

(0)Comments | February 23, 2017 9:41 am

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