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Sampath Group pre-tax profit exceeds Rs 10 Bn for the first half of 2018

Sampath Bank’s Group pretax profit for the first half of the year exceeded Rs 10.3 Bn (28.2% growth) while Sampath Bank recorded a pre-tax profit of Rs 9.9 Bn for the same period. This registered a YoY growth of 28.1% in comparison to the first half of 2017. Profit after tax of...
Posted On 04 Aug 2018

ikman Gears for Future Roadmap With New Leadership Team

ikman.lk, Sri Lanka’s largest online marketplace unveiled its newly structured professional team recently, complementing the company’s future roadmap in leading the organisation into the next growth phase. Synonymous as the preferred website for buyers and sellers to transact...
Posted On 04 Aug 2018
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AVANCKA HERAT JOINS ASIA SECURITIES TO LEAD FIRM’S EXPANSION INTO WEALTH MANAGEMENT

Asia Securities (Pvt) Ltd. announced the appointment of Avancka Herat as Head of Wealth Management, effective August 1, 2018. He will also assume the role of Chief Executive Officer of the firm’s Wealth Management affiliate. An industry veteran of 24 years, Mr. Herat joins the...
Posted On 04 Aug 2018
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Fintek fully owned subsidiary of Gestetner acquires Brown and Co’s Integrated Business Solutions – IBS

Fintek Managed Solutions (Pvt) Limited has announced its acquisition of the Integrated Business Solutions (IBS) unit of Brown and Company PLC. With this acquisition Fintek consolidates its role as the authorized distributor of Sharp office automation products and solutions in Sri...
Posted On 04 Aug 2018
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Amãna Takaful relocates its Anuradhapura branch to serve their customers better

The forerunner of Takaful in Sri Lanka, Amãna Takaful PLC (ATL) recently relocated their Anuradhapura Branch to a new state of the art premises, further enabling them to serve their loyal clientele better. The auspicious opening of the new premises was preceded by Fazal Ghaffo...
Posted On 04 Aug 2018
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Combank’s ‘Dotcom’Teen Account holders win FIFA PlayStations

France may have won football’s highest honour, but three young Sri Lankans are still celebrating the victory after their prediction of the ultimate winner of the FIFA World Cup 2018 won them limited edition FIFA PlayStations courtesy of Commercial Bank’s Dotcom Teen account. The...
Posted On 04 Aug 2018
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Galle Face Hotel commemorates Black Tot Day and offers a taste of history

Black Tot Day commemorates 31 July, 1970 and is the name given to the last day on which the British Royal Navy issued sailors with a daily rum ration. After the Battle of Trafalgar, daily rum rations (also called a tot) were instigated where they gave sailors half a pint of navy...
Posted On 04 Aug 2018
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HMD Global, the home of Nokia phones, brings Snake to the masses using Facebook’s new camera AR platform

Nokia classic, Snake, comes to Facebook’s new camera AR platform The iconic game is brought up to date on Facebook camera Introducing Snake Mask and Snake Real World – with multi player functionality Through augmented reality, fans can now transform into the iconic Snake and even...
Posted On 04 Aug 2018
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Grooms take centre stage at Hameedia

Grooms will now take centre stage as they get ready for their big day withHameedia. Sri Lanka’s leading menswear specialist recently introduced ‘The Grooming Studio’ – a total range of grooming solutions under one roof for grooms-to-be. Available at Hameedia showrooms...
Posted On 04 Aug 2018
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Emirates Skywards expands loyalty programme to include both Emirates airline and flydubai

Emirates Skywards has replaced flydubai’s frequent flyer programme, OPEN, officially becoming the loyalty programme of Emirates airline and flydubai. The alignment of the loyalty programme now allows Emirates Skywards members to also earn Skywards Miles and Tier Miles when...
Posted On 04 Aug 2018
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NelsonHall Recognizes Virtusa as a Leader in Digital Banking Services

Virtusa identified as a Leader overall and for capabilities in Retail Banking and New Digital Banking Models   SOUTHBOROUGH, Mass. –  Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital engineering and IT outsourcing services that accelerate business outcomes for...
Posted On 04 Aug 2018
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Amana Takaful T 20 Central Province Cricket Tournaments concludes on a high note;

Winners -Amana Takaful Bank, Mawanella and Runners up-Alliance Finance, Kandy An all island, six-a-side soft ball cricket tournament was organized by Amana Takaful insurance company in celebration of its 20th Anniversary. The Central Province tournament was held at the Gatambe...
Posted On 04 Aug 2018