Pan Asia Bank 1Q net profit up 190% to Rs. 196 m
Pan Asia Bank announced that it had a very successful first quarter in 2011, with a Net Profit after Tax of Rs. 196 million up by 190 % over the corresponding period of last year.
Rupee at 29-month high on CB band cut, dlr fall
COLOMBO (Reuters) – The Sri Lankan rupee <LKR=> rose 0.4 percent on Thursday to its highest close in more than 29 months as the central bank lowered and narrowed the dollar trading band after the U.S. Fed decision to continue its ultra-easy monetary policy.
HNB Pathum Vimana awards Suzuki Swift cars
The four winners of the Pathum Vimana 2010 Special Car Draw were announced recently. N. D. Samantha (Kottawa Customer Centre), N. Sriragavan (Sea Street Customer Centre), H. C. S. Fernando (Kalutara Customer Centre) and K. Thiagarajah (Jaffna Customer Centre) won the brand new Suzuki Swift cars from the HNB Pathum Vimana 2010 Special Car Draw. The prize was handed over to the winners by Jonathan Alles, chief operating officer, HNB at a presentation held at HNB Towers recently.
Forum on ‘The Post-War Evolution of Integrated Systems in Sri Lanka’
Sri Lanka’s economy grew by an impressive 8% in 2010, reflecting a fast recovery from the setback suffered for many years and moved to a high and sustainable growth path. All key sectors of the economy demonstrated commendable performance in 2010, underpinned by the peaceful domestic environment, and improved investor confidence, favourable macroeconomic conditions and gradual recovery of the global economy from one of the deepest recessions in history.
IT/BPO industry publish total compensation survey
In December 2010 SLASSCOM confirmed the appointment of PwC in order to carry out a salary and benefits study for the IT and BPO sector companies in Sri Lanka. To this end, SLASSCOM had taken the lead to encourage its members to confirm participation in the said study to be independently carried out by PwC.
Informatics markets HP products in Sri Lanka and Maldives
Visual Computing Systems (VCS), a tier one certified Hewlett-Packard (HP) partner, recently joined forces with its parent Company, Informatics to improve marketing and customer service standards for the full range of HP solutions including servers and notebooks and storage and software solutions.
TATA Communications Lanka strengthens capability with second international gateway
TATA Communications Lanka Ltd. on Wednesday inaugurated its second International Gateway in Sri Lanka at the emerging IT Park, Orion City.
Strengthening its seven-year presence in the country, the new facility will further the reliability and stability of its services to both operators and enterprise customers. The second International Gateway is a part of a strategy to offer cutting-edge IP-leveraged solutions enabled by the company’s superior global infrastructure and leadership in emerging markets.
Young marine biologist promotes Sri Lanka as the ‘Land of the Blue Whale’
Known as the ‘Pearl of the Indian Ocean,’ Sri Lanka may soon be called the ‘Land of the Blue Whale’ as a result of the rarest species of blue whales that have been identified in Mirissa.
Hopper Night at Cinnamon Lakeside Colombo
The most loved Sri Lankan food combinations will be served at the Cinnamon Lakeside Colombo on 29 April. Pittu with Babath, String Hoppers with Fish Ambulthiyal, a ‘Kottu’ of Godhamba roti, vegetables and meat, and Hoppers with Seeni Sambol and a lavish spread of curries to match.
Sunshine Holdings’ tourism arm in JV with S’pore’s SilverNeedle
Sunshine Holdings Plc yesterday announced that its subsidiary Sunshine Travels & Tours Ltd. has entered into a Joint Venture Agreement with Nadathur Far East Pte. Limited’s affiliate SilverNeedle Hospitality Singapore to develop and manage several new hotels in Sri Lanka.
This joint venture is expected to invest approximately US$ 50 million in a phased manner to develop, acquire and manage hotel assets in different parts of the country.
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