Business Notebook

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

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

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

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

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

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

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

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

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

Singapore based Gleneagles International has launched a Rs 1.6 billion project to set up a 400 — bed modern hospital...

The 40 MW power plant at Sapugaskanda was formally inaugurated by the Minister of Irrigation, Power and Energy, Col. Anuruddha...

Fuji Cement Company(Lanka) Ltd., a wholly owned subsidiary of Tokyo Cement (Lanka) Ltd., signed an agreement with the BOI last...

Apollo Hospitals Group are extending their expertise and capability in high speciality health eare to Sri Lanka. They will establish...

Shell Gas Lanka Ltd., awarded 3.6 million shares of the new company to its 642 employees who were in service...

The Public Enterprises Reform Commission announced its decision to divest the government of the remaining 49 percent of its stake...

The prestigious "Offensive Marketing Award" for Instore Management 1995 has been presented to Stassen Foods, distributors of Kelloggs breakfast cereals...

A Federation of Information Technology Industry in Sri Lanka was formed recently at a joint meeting of the Committee of...

An important publication titled "Business and Investment Guide, Sri Lanka '95/'96" was released by the Federation of Chamber of Commerce...

The first high-tech American project,. by far the largest of its kind in the country, was inaugurated at Pallekele Industrial...

Well known business personality and the Chairman of The International Chamber of Commerce, Sri Lanka, Mahendra Amarasuriya was elected to...

Ceylon Shipping Corporation Ltd., a government-owned undertaking has been selected by Lloyds of London for the prestigious Star Performery Award...

George Ondaatjie, the well known hotelier and tourist industry figure was recently appointed to the Pacific Asia Travel Association (PATA)...

by Chitra Weerasinghe Tele-banking in Sri Lanka is a totally new concept. Union Bank, located on the third floor of...

India has a glut of expertise which can be tapped for improving the field of financial service in Sri Lanka...

A promotional office of the Ceylon Tourist Board will be opened in New Delhi shortly, to promote Sri Lanka as...

Sri Lanka's premier state sector bank, Bank of Ceylon (BOC) announced that it would be entering into joint venture agreements...