Business News

Commercial Bank of Ceylon PLC has recorded profit before tax of Rs 17.144 billion for the 12 months ended December 31, 2015, a year in which it strengthened its positions in Sri Lanka and Bangladesh and accelerated its transition to becoming Sri Lanka’s first private international bank.

Diesel and Motor Engineering (DIMO) PLC has for the second consecutive year, claimed the top award at the ACCA Sustainability Reporting Awards, held on the 24th February2016 at the Kingsbury Hotel.

Emirates has announced that it will be the Official Airline Sponsor of the Los Angeles Dodgers.

Singer Sri Lanka ended 2015 financial year with a record growth.

JAT Holdings, Sri Lanka’s undisputed leader in the furnishing and finishing industry, launched its Scratch and Win Permoglaze promotion on 13th December 2015 to herald the holiday season In continuing its own inimitable pioneering fashion, JAT established yet another first by ensuring every Permoglaze customer an equal chance of winning.

Bayroo, a recently established boutique design agency, has made a name for itself with its unique brand of design work that focuses on making world-class marketing communications best practices accessible to medium-scale businesses in Sri Lanka.

Madushan Mannapperuma son of veteran racing driver Sumanapala Mannapperuma was awarded the prestigious National Tarmac Racing Championship 2015 for his excellent consistent performance in the Group SL - Special Cars up to 1500cc tarmac races, at the recently concluded Sri Lanka Automobile Sports Awards Ceremony.

The historic, 106-year-old Tellippalai Mahajana College recently beat out 17 other secondary schools to win the Jaffna district leg of the Tokyo Cement Super Quiz Season 3.

The two young guns, Chandima Goonarathna and Lakshika Weerasinghe was awarded the year 2015 National Championship awards recently at a special ceremony held celebrating the two Formula McLarens events which was conducted during year 2015.

Asian Alliance Insurance PLC is proud to launch an all-time first by a Sri Lankan insurance company and announces a Health Insurance Cover of up to United States Dollars One Million that can be purchased locally.