Business News

Longtime Lankan Angel Network (LAN) member Murali Sundar, through his Canada-based multinational company Marcatus QED Inc, has signed on as the Platinum Sponsor for Geek Challenge (YGC) Season 7, which concludes with a Grand Finale in Colombo on November 17, 2018.

Capital Alliance Partners Limited (“CAL”) successfully advised Hemas Hospitals (Pvt) Ltd on the sale of its subsidiary Hemas Southern Hospital (Pvt) Ltd (“Hemas Southern”) to Asiri Hospital Holdings PLC (“Asiri”), a giant in the healthcare sector with a chain of hospitals and laboratories around the country.

A focus on its fundamental logistics business has enabled Expolanka Holdings PLC to post promising growth for the second quarter of 2018, with a Year on Year (YOY) revenue growth of 15%.

Lamudi Lanka Private Ltd, the premier online real estate marketplace in Sri Lanka, has recently launched a Property Guide page, as a part of the company’s efforts to increase understanding about the Sri Lankan property market.

ikman.lk, Sri Lanka’s largest online marketplace has expanded its holiday offering, partnering Booking.com, the world leader in booking accommodation online, connecting travelers with the widest choice of incredible places to stay.

The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 8.9 billion and profit before tax of Rs. 502 million for the six months ending 30th September 2018.

Sri Lanka’s premiere retail bank, HNB PLC announced a new partnership with the sole authorized agents of Audi in Sri Lanka, Drive One (Pvt) Ltd to offer special deals for customers of the bank who are aspiring Audi owners.

Happy days are here again - it’s glitter, it’s glamour, it’s sequins and tassels, it’s bright neon lights with mirror balls and bling; ODEL brings it all out this Festive season in a Retro inspired fashion extravaganza that lets you indulge in everything that’s over the top!

Commercial Bank of Ceylon’s ATM network, an indispensable facilitator of the daily lives of millions of Sri Lankans, reached another milestone this week with the commissioning of its 800th terminal in Giriulla, on the Negombo – Kurunegala Road.

Singer (Sri Lanka) PLC, the country’s premier consumer durables retailer, has expanded its range of TVs with the introduction of its future TVs at a ceremonial event held at the Shangri-La Hotel, Colombo recently.