Access to high-quality telecommunication services is critical to economic development, business growth and attracting investments.

JadoPado sells strategic stake to BECO Capital

Tuesday, 10 November 2015 02:33

JadoPado, a global marketplace platform, today announced that it has sold a significant minority stake to an investor consortium led by BECO Capital, a venture capital firm focused on technology investments in the Middle East, valuing the business at Rs 3.95 billion.

Paul Topping, formally on the board of Odel and now on the main board of Flemingo, has won the life time achievement award in Cannes at the recently concluded Frontier Awards 2015.

Sri Lankan brand development consultant Michel Nugawela has been invited to address the upcoming International Leadership Symposium on Ethics in Business to be held on 21 November 2015 at the European Parliament in Brussels.

The Commercial Bank of Ceylon has announced the launch of Green Development Loans, throwing its weight behind efforts by businesses in Sri Lanka to make their operations more eco-friendly.

Commercial Credit clinched three of the top awards at last Thursday’s SLIM Brand Excellence 2015 by being adjudged the ‘Brand of the Year’ at a glittering gala at the BMICH.

The National Mobile Service Provider Mobitel which aims to select a winner every minute of each day through its special Cash Bonanza draw has rewarded 43,248 customers for the month of September through the distribution of cash prizes worth over a staggering 220 lakhs.

Thirty two customers of Commercial Bank whose inward remittances were routed to Sri Lanka via the Bank had the good fortune to receive more than was originally sent, in many cases, doubling their money under a promotion conducted recently by the country’s largest private bank.

Indocean Developers, the promoter of Sri Lanka’s architecturally-unique twin-tower high rise development Altair, has reported significant buyer interest in Japan, following the company’s participation as the sole real estate sector entity at the recent Sri Lanka Business Forum in Tokyo.

Gestetner of Ceylon PLC has been recognised for its remarkable year on year sales growth within the region by Ricoh Asia Pacific.

The Emirates Group has announced its half-year results for 2015-16, showing continued business growth and a strong performance.