Malaysian Air beats forecast; warns of fuel cost
(Reuters) – Malaysian Airline System, the country’s national carrier, on Friday reported an operating profit that improved several times over the previous year even as its net profit declined by 65 percent.
SriLankan Catering wins double glory at global Mercury Awards
SriLankan Catering achieved the rare feat of winning two of the seven prestigious Mercury Awards – the most sought after accolades in the global travel catering industry presented by the International Travel Catering Association (ITCA).
SriLankan Chairman Nishantha Wickremasinghe and Sarath Fernando, CEO of SriLankan Catering, presented the awards to President, Mahinda Rajapaksa recently.
Airlines set for losses as Mideast unrest hits
(Reuters) – Airlines operating flights to the Middle East and North Africa could face losses this year, as tourism slumps and oil prices surge amid political uncertainty and escalating violence.
Today’s Front Page 28-02-2011
.jpg)
Tourism Tony toasts thambili !
Tony Greig savours a thambili whilst chatting with Sri Lanka Tourism Chairman Dr. Nalaka Godahewa (left) and Sri Lanka Tourism Promotion Bureau Acting Managing Director Malraj Kiriella at a reception last night at Cinnamon Grand’s iconic Nugagama hosted for the visiting journalists and crew of the ESPN which is the host broadcaster of 2011 World Cup and ICC Global Media Rights partner ESPN STAR Sports.
Dalada Maligawa products among SriLankan Airlines’ on-board duty free collection
Imagine owning a painting that was painstakingly drawn by an elephant of the Dalada Maligawa! Well, that’s among the array of products in SriLankan Airlines’ latest ‘Serendib Treasures’ On-Board Duty Free Collection.
Mobitel rings Rs. 1.94 b pre-tax profits; tops 4 m customer base
Achieving a commendable performance including a turnaround in 2010 as opposed a loss in the previous year, Mobitel has posted a Rs. 1.94 billion profit before tax and surpassed the four million subscriber mark in 2010.
Union Bank record IPO, SEC moves to boost market – Brokers
The twin developments of the record-breaking IPO of Union Bank of Colombo as well as progressive moves by the Securities and Exchange Commission (SEC) last week are expected to fuel further investor momentum this week, two brokers said.
HNB’s new Head is a queen!
Top former Central Banker Dr. Ranee Jayamaha to be new Chairperson at second largest private sector bank as iconic Rienzie leaves after long illustrious career.; Two other new faces on HNB Board: Mano Tittawella and Dr. Willie Gamage
Top professional and former career Central Banker Dr. Ranee Jayamaha is to be appointed as the Chairperson of Hatton National Bank (HNB), the country’s second largest private sector bank.
Jayamaha’s appointment will be following the retirement of HNB’s iconic figure Rienzie T. Wijetilleke next month.
No formal announcement has been made yet but banking circles were buzzing with the news.
Change of command
The Commander of the Air Force, Air Chief Marshal Roshan Goonetileke retired from service yesterday after 33 years of service to the nation.
• 
