It is admirable to note the support extended to the capital market of Sri Lanka through the recent budget.

Celebrating its milestone two decades in operation as a highly successful corporate steward and financial services industry leader, Citizens Development Business Finance PLC (CDB) gave its credo of stakeholder responsibility true meaning when it felicitated the loyalty and dynamism of team members who have undoubtedly been the axis of its successful journey.

NDB Wealth re-launches website

Tuesday, 17 November 2015 08:58

Expert financial planner NDB Wealth has unveiled a new look and feel website, www.ndbwealth.com, in keeping with the recent re-launch of its portfolio of innovative savings products, which have been designed to offer the simplicity and convenience of a bank account but with much higher returns.

The Ex-Co of the Tea Exporters Association (TEA) convened a meeting with the Tea Producers sector stakeholders last week (28-10-2015) to discuss the current tea market situation.

Mobitel mCash partners with Union Assurance PLC

Thursday, 12 November 2015 11:30

The National Mobile Service Provider Mobitel’s Mobile Money platform mCash has partnered with Union Assurance PLC to offer the mCash platform to its Life Insurance Advisors for the Life Insurance policy payment collection process.

The Commercial Bank of Ceylon PLC has reported Profit Before Tax of Rs 12.190 billion for the nine months ending 30th September 2015, achieving a creditable 8.72% growth despite narrowing margins and substantially lower capital gains in comparison with the same period of the preceding year.

BBDO Worldwide topped the list at yet another awards show this year when it took home the ‘Network of the Year 2015’ award at the 30th London International Awards (LIA) announced on Tuesday (10).

Piramal Glass Ceylon PLC has successfully closed the 1st half of F2016 with revenue growth of 19% to Rs. 3040 Million, & PAT growth of 67% to Rs. 287 Million against the previous year similar period.

The strength of the Ceylinco Life brand has been emphatically reaffirmed by the Sri Lanka Institute of Marketing (SLIM) which presented the country’s life insurance leader with Silver awards in two of the top three categories recognised at the 2015 Brand Excellence Awards.

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.