Today’s Front Page 31-01-2011
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Mondy Money!
Sampath Bank last week revolutionised the banking industry by opening its Colombo Super Branch which provides extended banking hours until 10 p.m. With this opening the Bank also reached another milestone of having 175 branches in the country.
Technology : The double-edged sword
Mankind would not have progressed if not for innovation, from the Stone Age to where we are today. Thanks to technology, the pace of innovation has accelerated, which has certainly improved productivity and efficiency in many facets of life. However, I see some downsides.
AdAsia clicks with Sri Lanka’s Triadhot.com
When Singapore-based advertising trade publication AdAsia decided to move away from print production and go digital, it looked for a partner who could offer full agency services for advertisers via the internet.
Credit cards market begins to recover after 2 year of slump
There are signs of silver lining for the country’s credit card industry as new issuance have picked up after near two year slump.
US brokerage giant drops Asia and goes with TKS Securities
One of the biggest US based broking houses focusing on emerging markets, Auerbach Grayson and Co has picked new kid on the block TKS Securities as its exclusive broker in Sri Lanka.
CSE get even!
New stated capital rules must apply to old firms too say analysts; large number of already listed firms fall short of existing and future norms
New minimum stated capital rules applicable to IPOs from April onwards are being recommended for old listed firms as well, to ensure a level playing field and higher liquidity in the Colombo Bourse.
The Colombo Stock Exchange (CSE) last week announced new rules in terms of minimum stated capital for companies keen to list in either Main or Diri Savi Boards from April onwards.
GSMA publishes mobile privacy principles
The GSMA last week announced the publication of its Mobile Privacy Principles. The principles describe the way in which mobile consumers’ privacy should be respected and protected when consumers use mobile applications and services that access, use or collect their personal information.
Mobilemax appointed Samsung Mobile’s first Privilege Partner Store
Sri Lanka’s first Samsung Mobile Privilege Partner Store, Mobilemax was launched last week.
Asia Pacific PC market closes out 2010 stronger
Singapore and Hong Kong: IDC’s preliminary results show that the Asia/Pacific (excluding Japan) PC market grew 19% in full year 2010 to reach 107 million units, with most countries posting double-digit growth.
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