Business News

Asia Leisure, a fully owned subsidiary of Asia Capital PLC (ACAP), today announced that Japan Capital will infuse a further US$1.5 million into ACAP’s latest hotel project in Galle.

Loan book grows 22.24% to Rs 463.6 billion. Deposits up 17.34% to Rs 529.4 billion. Assets increase by 31.29% to Rs 795.6 billion. PBT Rs 15.736 billion; PAT Rs 11.180 billion.

Oman Air named Best Airline at Chittagong

Friday, 20 February 2015 10:21

Officials in Bangladesh have named Oman Air as the Best Airline Operating to and from Chittagong.

In its 12th year, HSBC Colombo Fashion Week (CFW) launchesthe Spring/Summer 2015 (SS15) season with a renewed focus on promoting Sri Lankan designers in international markets by building their profiles, and creating a retail presence for them in Sri Lanka and online.

Leading Nutrition, Health and Wellness company, Nestlé Lanka PLC, posted a revenue of LKR 8.0 billion for Q4.

Celltick, a global leader in mobile initiated commerce announced its partnership with Airtel Lanka, a subsidiary of Bharti Airtel, a leading global telecommunications company with operations in 20 countries across Asia and Africa. With this partnership, Celltick will provide a fully managed high-value interactive service on the home screen for Airtel Lanka’s 1.7 million subscribers based on its patented LiveScreen platform.

Colombo’s showpiece residential high-rise development Altair has received an enthusiastic response from audiences in Singapore following a presentation there earlier this month, promoter Indocean Developers reports.

The Commercial Bank of Ceylon has partnered with Cisco Networking Academy to offer a comprehensive ‘IT Essentials’ course for teachers and students free of charge, further enhancing the Bank’s online Education programme conducted as a Corporate Social Responsibility initiative.

Click2Claim from Asian Alliance Insurance

Thursday, 19 February 2015 09:08

Asian Alliance Insurance is pleased to announce the introduction of its “Click2Claim” Motor product that is expected to revolutionize motor insurance in the country.