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Fortinet positive on market potential in Sri Lanka

Rajesh Maurya, Regional Vice President, India, Sri Lanka & SAARC, Fortinet. Q) How do you plan to compete with other Information security focused brands in Sri Lanka? The security point-solutions bolted onto networks over the years are simply no longer sufficient to address...
Posted On 11 Oct 2018
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INSEE CEMENT LAUNCHES CUSTOMISED CONCRETE SOLUTIONS TO REVOLUTIONIZE BUILDING INDUSTRY

Today’s ready-mixed cement industry in Sri Lanka primarily pivots on building contractors who unfortunately do not have the required skills to provide a high quality customized solution to home builders. This is where INSEE steps in. INSEE Cement Sri Lanka the country’s reputed...
Posted On 19 Sep 2018
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New Head of Operations at the Sustainable Future Group

Sri Lanka’s leading environmental certification organization The Sustainable Future Group named its new Head of Operations recently.  Dhishna Bastiansz brings an admirable track record of achievement in market research, marketing and advertising communications fields. With...
Posted On 07 Aug 2018
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HNB Group records Rs 7.2 Bn PBT in Q1

  Group PAT Rs 5 Bn Bank Cost to Income 36.3% CASA Growth of 10% in 3 months HNB posted a strong start to 2018 with first quarter PAT growing by 22.5% to Rs 4.5 Bn, while the Group reported a PAT of Rs 5 Bn which is a 24% growth from last year. HNB expanded its loan book by Rs...
Posted On 20 May 2018
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Vista Rooms continues strong growth in Sri Lanka by expanding its network in the East

Vista Rooms, South Asia’s largest chain of affordable stays, is expanding its operations in the East coast of Sri Lanka following a wave of success in the Western, Central and Southern regions of the country. With a current inventory of 50 rooms in the East, the hospitality...
Posted On 15 May 2018

Top Tips for Best Returns on Apartment Investment

Over the last decade, Colombo City has been rapidly building upwards with the supply and demand of apartments being on the rise. The building boom that is underway in various parts of the city foretells a new era of a city living culture. As the cosmopolitan lifestyle trend...
Posted On 15 May 2018
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HNB’s Pettah SME customers get tutored on international trade

Providing further assistance to the small-medium enterprise (SME) segment, Sri Lanka’s premier private sector commercial bank, HNB PLC, announced the successful completion of a workshop on international trade,  aimed at educating HNB’s SME customers in Colombo’s most dynamic...
Posted On 03 May 2018
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Talawakelle Tea wins Gold at CA Sri Lanka Annual Report Awards

Leading producer of the highest quality Ceylon Tea, Talawakelle Tea Estates PLC (TTE) was pronounced Gold award winners in the Plantation category at the 53rd CA Sri Lanka Annual Report Awards 2017.   Organized with a view to showcasing companies that attain the highest standards...
Posted On 16 Apr 2018
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Ceylon Dollar Bond Fund Opens its Doors to Local Investors

The fund reported a net return of 6.95% in 2016 and 5.25% in 2017   The Ceylon Dollar Bond Fund (CDBF) investing in Sri Lanka Development Bonds (SLDBs), Dollar Sovereign and Bank Bonds, is now eligible to accept investments from any local individual or company. All Personal...
Posted On 07 Apr 2018
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JLL Lanka releases 2018 real estate predictions for Sri Lanka; warns of potential challenges for the residential and retail markets beyond 2019

Global real estate consultancy Jones Lang La Salle (JLL) recently announced the company’s predictions for Sri Lanka’s commercial office and retail markets in 2018, identifying opportunities related to the increased investments in the country and broad challenges in the face of...
Posted On 29 Mar 2018
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Singer records over Rs. 1bn worth sales of Huawei smartphones in three consecutive months

nova2i tops Rs. 1bn sales within 2 months Singer Sri Lanka, the exclusive national distributor for Huawei smartphones has successfully recorded over 1 billion worth of Huawei smartphones across Sri Lanka, consecutively during the months of November, December 2017 and January...
Posted On 25 Feb 2018

CTC’S FINANCIAL PERFORMANCE IN 2017 INDICATES A LKR 18 BILLION DIP IN GOVERNMENT REVENUE

  2017 sees only a marginal increase in cigarette excise revenue -  total revenue stood at LKR 117.3 bn compared to target of LKR 135 bn Smuggled cigarettes booming – 450 mn cigarettes entered illegally in 2017 Smuggled fags now account for 15% of the legal tobacco industry...
Posted On 18 Feb 2018