President Rajapaksa’s Avurudu ‘Ganu-Denu’ with Bank of Ceylon

Published : 12:50 am  April 18, 2013  |  Category: Financial Services  |  Leave a Comment  |  621 views  |  

Bank of Ceylon commenced its Avurudu ‘Ganu-Denu’ with President Mahinda Rajapakse at the Tangalle branch recently. BOC Chairman President’s Counsel Razik Zarook, BOC General Manager D.M. Gunasekara, BOC AGM Southern Province D.K.N. Piyasoma and BOC Tangalle Branch Manager P. W Ariyasiri witnessed the occasion along with the bank employees and its customers.  Read More →


Janashakthi Insurance ties up with Dialog eZ Cash for islandwide customer convenience

Published : 12:49 am  April 18, 2013  |  Category: Financial Services  |  Leave a Comment  |  642 views  |  

Janashakthi Insurance this week becomes the newest member of Sri Lanka’s eZ Cash island wide network in a strategic tie-up with Dialog Axiata PLC. This partnership will now enable the thousands of Janashakthi Life and General customers to pay their insurance premiums at any of the 12,000+ Dialog eZ Cash merchants spread across the country.  Read More →


Ceylinco Life declares Rs 2.4 billion annual bonuses

Published : 12:48 am  April 18, 2013  |  Category: Financial Services  |  Leave a Comment  |  456 views  |  

Policyholders, who qualify for annual bonuses from Ceylinco Life, will receive 25% above their entitlement this year, as the life insurance leader celebrates 25 years in business.  Read More →


China sovereign fund sees gold price rebound on global recovery

Published : 12:47 am  April 18, 2013  |  Category: Financial Services  |  Leave a Comment  |  268 views  |  

BEIJING (Reuters): World gold prices will pick up over time as a global economic recovery gains traction, a senior official of China’s $482-billion sovereign wealth fund said on Wednesday.  Read More →


Fitch affirms HNB Assurance at ‘A’, Outlook Stable

Published : 12:46 am  April 18, 2013  |  Category: Financial Services  |  Leave a Comment  |  507 views  |  

Fitch Ratings Lanka has affirmed Sri Lanka-based HNB Assurance PLC’s (HNBA) National Insurer Financial Strength Rating and National Long-Term rating at ‘A(lka)’. The Outlook is Stable.   Key rating drivers The ratings reflect HNBA’s comfortable capitalisation, in terms of regulatory solvency and Fitch’s risk-based capital computations, its sustained profitability and modest market share. The ratings also reflect Fitch’s expectation of support from HNBA’s parent, Hatton National Bank PLC (AA-(lka)/Stable), if required. HNBA is 60% owned by HNB and is strategically important to its parent, providing its customers with access to an additional product... 


ICC launches first-ever rules for open account trade

Published : 12:46 am  April 18, 2013  |  Category: Financial Services  |  Leave a Comment  |  490 views  |  

The International Chamber of Commerce (ICC) yesterday launched the Uniform Rules for Bank Payment Obligation (URBPO), a 21st century standard in supply chain finance that will facilitate international trade.  Read More →


President opens first vocational training centre for migrant workers

Published : 12:45 am  April 18, 2013  |  Category: HR  |  Leave a Comment  |  926 views  |  
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President Mahinda Rajapaksa on Tuesday opened the first Vocational Training Centre for Migrant Workers set up by the Bureau of Foreign Employment at Godigamuwa in Tangalle.  Read More →


ACCA students’ committee corporate race a success

Published : 12:42 am  April 18, 2013  |  Category: HR  |  Leave a Comment  |  1,159 views  |  

The ACCA corporate race, organised by the students’ committee of ACCA was a thrilling, race against time, where 12 teams battled it out for the winning cash prize of Rs. 15,000.  Read More →


Hayleys, LECO come onboard as CA Sri Lanka training partners

Published : 12:41 am  April 18, 2013  |  Category: HR  |  Leave a Comment  |  987 views  |  

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently appointed Hayleys Consumer Products Limited and Lanka Electricity Company Private Limited (LECO) as Strategic Level training partners.  Read More →


Poly Glass joins hands with SLF in training company staff

Published : 12:39 am  April 18, 2013  |  Category: HR  |  Leave a Comment  |  725 views  |  

The Sri Lanka Foundation (SLF) has extended its training programs to meet tailor made requirements of corporate institutions irrespective of the magnitude of their operations. Poly Glass together with SLF embarked on a project to develop the soft skills abilities of their entire team through a two-day workshop.  Read More →