Business Notebook

The 'Sanitact Service' is the newest environmental service marketed by Finlay Rentokil (Ceylon) Ltd. The sanitact service is a...

Investors from provinces who have never before ventured into share investment have expressed interest in the offer for sale...

A leading local manufacturer, the Macky Group of Companies exported garments worth Rs.300 million to the Russian Federation recently....

British Airways has introduced a new concept called "Club World" on their flights, which has been designed to cater...

The world over an increasing number of people are getting on to the information superhighway or what is popularly...

On the directive from President Chandrika Bandaranaike Kumaratunge, an overall project costing Rs.10 billion, to develop Colombo Fort and...

James W. Spain The US$200 million Uma Oya Hydro Power Project will be launched shortly by Lanka Infrastructures Ltd.,...

A 7-member Cabinet Sub-committee has been appointed by the President to promote investment. This panel will be headed by...

Representatives of the Indian travel trade met their Sri Lankan counterparts in Colombo recently and launched a drive to...

Richard Peiris Exports Ltd., an associate of Richard Peiris & Co. Ltd., which began business in 1993 with equity...

Pelwatta sugar industries Ltd., the island sugar producer is to venture into distillation of alcohol. A subsidiary company Pelwatta...

The public offer of TSFL, which opened for subscription on Monday the 3rd of June, was heavily oversubscribed by...

The Toyota Group, Japan has floated Tokyo Lanka (Pvt.) Limited in Sri Lanka. The initial capital investment would be...

Sri Lanka for the first time participated in an international automobile trade fair held in Bangkok, in May. Ten...

Ceylon Chocolates Ltd. (CCL) has recorded a significant profit of Rs. 38 million during the last financial year ending...

Tokyo Cement Company Lanka Ltd., will establish a 3.5MW power plant in Trincomalee besides a cement plant. The plant...

Ayojana is an investment fund management company owned equally by National Development Bank (NDB) of Sri Lanka and Commonwealth...

A Sri Lankan, P. Nandadasa, Managing Director of Flexport and Coirpack won the prestigious award for invention for the...

In the Asia's most Admired Companies 1996 survey, conducted by "Asian Business", Singapore Airlines topped the list for the...

Walter Mackenzie assumed duty as Managing Director of Mobitel from June 1, 1996. Mackenzie, an Indian born telecom expert...

L-R: Ramlee Adjumain, Director of Restaurants, Warnasena Rasaputra, Sri Lankan Highcommissioner, Fouzi Mohideen The Sri Lanka Trade Fair and...

The National Development Bank recently signed an agreement with Celltel to provide financing for the expansion of its network....

Restrictions on public entry to the Bandaranaike International Airport (BIA) have been relaxed from June 13, according to the...

Lanka Lubricants Ltd., (LLL) is gearing itself to face competition in the future with the liberalization of the import...

Mrs T. J. Bata admiring the trophy At the annual "Shoecon 1996" conference held in Italy, BATA, Sri Lanka...

Singapore Airlines (SIA), the worldwide launch customer for the Airbus A340-300E the extended-range model of the A430 — took...

Singapore Airlines (SIA) has won the "Best Airline" Award in the Travel Suppliers Awards Category of the 1996 Travel...

The International Jewellery Tokyo (IJT) '96 exhibition was held recently in Japan where 9 Sri Lankan companies clinched orders...

CTC Eagle Fund Management Co. Ltd. was launched last week by CTC Eagle. Shedding their earlier policy of funding...

President Chandrika Bandaranaike Kumaratunga ended a three-day visit to Beijing with pledges from China for USS 19.3 million of...