Business News

Cathay Pacific Airways today announced that it will enhance its services from Sri Lanka by operating four non- stop flights to Hong Kong commencing 27th October 2014.

Sampath Bank has won the prestigious Best Community Program Leadership Award, in Asia Responsible Business Excellence awards 2014 held in Pan Pacific Hotel, Singapore with the participation of top business leaders from different parts of the Asia. Its entry has been selected for the award out of 2,500 entries from different part of Asia.

Offering Sri Lankan consumers a refreshing new blend of fresh fruit juice and Green Tea, Elephant House today announced the launch of Twistee – a unique range of natural drinks made from real fruit juice concentrate and Pure Ceylon Green Tea extracts. Twistee comes in two tantalizing flavors, Apple and Peach.

Oman Air has appointed Paul Gregorowitsch as its new Chief Executive Officer, effective the beginning of August 2014. Oman Air’s Chairman, His Excellency Darwish bin Ismail bin Ali Al Balushi, hailed it as the start of a new chapter in the illustrious development, at local, regional and international levels, of the national carrier of the Sultanate of Oman.

Top tyre brand CEAT is offering vehicle ownersa chance to win radial tyres to celebrate the recent launch ofits state-of-the-art production facility in Sri Lanka for the manufacture of tyres for high-end cars and Sports Utility Vehicles (SUVs).

Hayleys ups revenue by 17% in 1Q 2014/15

Wednesday, 20 August 2014 10:54

Hayleys PLC, one of Sri Lanka’s leading conglomerates, in a filing to the Colombo Stock Exchange, reported sustained performance in 1Q of 2014/15.

Dialog Axiata PLC announced, Friday 08th August 2014, its consolidated financial results for the six months ended 30th June 2014. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”) post-consolidation with subsidiaries Dialog Broadband Networks (Pvt) Ltd (“DBN”), and Dialog Television (Pvt) Ltd (“DTV”).

Nestlé Lanka PLC, Sri Lanka’s leading Nutrition, Health and Wellness Company, recorded a revenue growth of 7.1% (YoY) for Q2 2014, posting a total revenue of Rs. 8.1 billion in the second quarter of the year.

Sparklink Travels headed by Nihal Perera, a Former Director Sri Lanka Tourism, A Pioneer and Legend in the Travel Industry ably supported by sons Praki Perera & Navein Perera and a Team of Dedicated Staff, has Achieved a further “Milestone” in reaching 35 Years in the Travel, Tourism and Hospitality Industry in Sri Lanka and Internationally.

The General Assembly of the Young Chartered Accountants Forum (YCAF) of the Institute of Chartered Accountants of Sri Lanka was held recently at CA Sri Lanka Members Lounge.