Business News

Sarasavi Exports acquires Isabella

Thursday, 04 September 2014 12:04

Sarasavi Exports (Pvt.) Limited a supplier to major high street retailers in the United Kingdom, acquired Isabella (Pvt) Limited from DBApparel Group, a market leader in branded intimate apparel and hosiery in Europe.

SriLankan Airlines, the national carrier of Sri Lanka introduces a range of discounted fares to China, Japan and Singapore, allowing its passengers to experience the vibrant Far East.

Commercial Bank acquires Indra Finance Limited

Thursday, 04 September 2014 08:26

In one of the first transactions under the Financial Sector Consolidation Road Map mandated by the Central Bank of Sri Lanka, Commercial Bank of Ceylon PLC acquired a 100% stake of Indra Finance Limited, with the Share Sale and Purchase Agreement signed on 1st September 2014 at the Commercial Bank Head Office in Colombo.

The Prima Group, in partnership with Sri Lanka Cricket, has made all plans to commence the Prima Champions Cup 2014, Under 15 Inter-district and inter provincial Tournaments for the 8th consecutive year. The press conference was held at the SLC headquarters on 2nd September, 2014 with the participation of all senior officials from SLC and Prima Group.

Another 16 podium finishes at the Gajaba Supercross has emphatically reiterated the dominance of the CEAT Racing team at meets of the 2014 racing season.

Richard Peiris Tire Company enjoys the strength of a dealer network that caters to the whole country. Out of the company’s 1500 strong sales agents, persons who have delivered exemplary results were recognized recently at Waskaduwa Citrus Hotel.

In yet another pioneering initiative, aimed as a value added service to all its stakeholders, the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) has launched a ‘Job Bank’ which features the best and latest vacancies in the market specifically targeting accountants and financial professionals.

The Brandix Group has announced a potentially life-changing annual innovation award for a successful robotic solution to an industry-specific challenge, significantly raising the bar for Sri Lankan innovators working in the sphere of automation.

The Spikes Asia Festival of Creativity, has today announced that it will be giving the sought after Advertiser of the Year award to The Coca-Cola Company – Asia Pacific.

Pallu, the exclusive ethnic-wear boutique in Wellawatte concluded a successful wedding season promotion which offered its valuable women patrons prizes in Gold worth Rs. 250,000. Shoppers at Pallu were treated to free gifts and live Mehendi application while they shopped during all the six weekends commencing 1st May 2014.