Business Notebook
SIA gets a new star
Singapore Airlines (SIA), the worldwide launch customer for the Airbus A340-300E the extended-range model of the A430 — took delivery...
SINGAPORE AIRLINES VOTED BEST AIRLINE
Singapore Airlines (SIA) has won the "Best Airline" Award in the Travel Suppliers Awards Category of the 1996 Travel Awards....
Lankan Jewels steal the show in Tokyo
The International Jewellery Tokyo (IJT) '96 exhibition was held recently in Japan where 9 Sri Lankan companies clinched orders worth...
CTC Eagle’s new high flier
CTC Eagle Fund Management Co. Ltd. was launched last week by CTC Eagle. Shedding their earlier policy of funding a...
China to help Sri Lanka
President Chandrika Bandaranaike Kumaratunga ended a three-day visit to Beijing with pledges from China for USS 19.3 million of economic...
Gleneagles to build 400— bed hospital in Maradana
Singapore based Gleneagles International has launched a Rs 1.6 billion project to set up a 400 — bed modern hospital...
Sapugaskanda power plant commissioned
The 40 MW power plant at Sapugaskanda was formally inaugurated by the Minister of Irrigation, Power and Energy, Col. Anuruddha...
Cod Bay to get a new cement plant
Fuji Cement Company(Lanka) Ltd., a wholly owned subsidiary of Tokyo Cement (Lanka) Ltd., signed an agreement with the BOI last...
Apollo Hospital comes to Colombo
Apollo Hospitals Group are extending their expertise and capability in high speciality health eare to Sri Lanka. They will establish...
Shell shares out 3.6 million shares to 642 employees
Shell Gas Lanka Ltd., awarded 3.6 million shares of the new company to its 642 employees who were in service...
Government’s holding in Lanka Lubricants to be sold
The Public Enterprises Reform Commission announced its decision to divest the government of the remaining 49 percent of its stake...
Stassen Foods Win Kelloggs Award
The prestigious "Offensive Marketing Award" for Instore Management 1995 has been presented to Stassen Foods, distributors of Kelloggs breakfast cereals...
Federation of Information Technology Industry formed
A Federation of Information Technology Industry in Sri Lanka was formed recently at a joint meeting of the Committee of...
Business and Investment Guide for Sri Lanka
An important publication titled "Business and Investment Guide, Sri Lanka '95/'96" was released by the Federation of Chamber of Commerce...
First high-tech American project launched
The first high-tech American project,. by far the largest of its kind in the country, was inaugurated at Pallekele Industrial...
Mahendra Amarasuriya wins top world post
Well known business personality and the Chairman of The International Chamber of Commerce, Sri Lanka, Mahendra Amarasuriya was elected to...
Government-owned shipping line gets Lloyds excellence award
Ceylon Shipping Corporation Ltd., a government-owned undertaking has been selected by Lloyds of London for the prestigious Star Performery Award...
George Ondaatjie appointed to PATA Industry Council
George Ondaatjie, the well known hotelier and tourist industry figure was recently appointed to the Pacific Asia Travel Association (PATA)...
Tele-banking with Union Bank
by Chitra Weerasinghe Tele-banking in Sri Lanka is a totally new concept. Union Bank, located on the third floor of...
Ceylinco joins hands with Shriram
India has a glut of expertise which can be tapped for improving the field of financial service in Sri Lanka...
Tourist Board to open office in New Delhi
A promotional office of the Ceylon Tourist Board will be opened in New Delhi shortly, to promote Sri Lanka as...
BOC to float new banks in Russia
Sri Lanka's premier state sector bank, Bank of Ceylon (BOC) announced that it would be entering into joint venture agreements...