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Latest Company News Updates - By Newstype |
| Company (Industry-NewsDate) |
News Title |
Awards/ Achievements |
Adamjee Lukmanjee & Sons Limited
Sri Lanka
(November 1, 2007)
|
The company has been awarded the ISO 22000 Food Safety Standard Certification by SGS (Lanka) Ltd, an internationally accredited certification body.
Source: Daily News
|
Brandix Textiles
Sri Lanka
- Textiles/Apparel/Personal Goods
(October 16, 2007)
|
The company had received the Fair Trade and Organic certifications from the Institute for Marketecology (IMO) of Switzerland
|
Dialog Telekom Limited
Sri Lanka
- Telecom
(October 12, 2007)
|
The company's Chief Marketing Officer was recently bestowed with the coveted `Global Brand Leadership Award` at the Asia Brand Congress 2007 held in India.
Source: Lanka Newspapers
|
Hatton National Bank Ltd.
Sri Lanka
- Banking
(October 28, 2007)
|
The Bank bagged an award at the MoneyGram International's Asia Pacific Agents' Conference held in China recently.
Source: Sunday Times online
|
Property Development Ltd.
Sri Lanka
- Real Estate
(October 24, 2007)
|
The company has reported net profit for the third quarter ended September 30, 2007 rose 26 percent to 49 million rupees year-on-year.
Source: Lanka Business online
|
Contracts/Deals |
Suntel Ltd.
Sri Lanka
- Telecom
(October 23, 2007)
|
The company renewed its contract with Mutiform Chemicals (Pvt) Ltd recently .
Source: Lanka Newspapers
|
Earnings |
Hemas Holdings Limited
Sri Lanka
- Pharmaceuticals
(November 1, 2007)
|
The company recorded a Turnover of Rs. 3.57 Billion for the quarter ended September 2007 reflecting a year on year growth of 12 per cent.
Source: Daily News
|
Sri Lanka Telecom Ltd.
Sri Lanka
- Telecom
(November 1, 2007)
|
The company reported a group after tax net profit of Rs. 4.3 billion during the first three quarters of 2007. This is a 12 per cent increase year-on-year basis.
Source: Daily News
|
Expansion/Diversification |
Edna
Sri Lanka
- Food/Beverages
(October 2, 2007)
|
The company plans to increase its market share to 60 percent within the next two years with over a billion rupees being invested in new plants.
Source: Lanka Business online
|
Miscellaneous |
Bank of Ceylon
Sri Lanka
- Banking
(October 20, 2007)
|
Fitch Ratings Lanka has affirmed the National Long-term rating and Individual Rating of Bank of Ceylon (BOC) at 'AA(lka)' and 'D/E' respectively.
Source: Lanka Business online
|
Central Bank of Shrilanka
Sri Lanka
- Banking
(October 15, 2007)
|
The Bank said that cheque returns were too high and warned customers that issuing cheques without funds was an offence.
Source: Lanka Business online
|
Ceylon Fertilizer Company
Sri Lanka
- Chemicals
(October 28, 2007)
|
The company to award a tender for shipments of urea to a Singapore based company by the name of Singha International Pte Ltd.
Source: Sunday Times
|
Citibank Sri Lanka
Sri Lanka
- Banking
(September 27, 2007)
|
The Bank's branch of Shri Lanka said its interest margins were boosted by dollar financing of the island's government.
Source: Lanka Business online
|
City hotel
Sri Lanka
- Travel and Leisure
(November 1, 2007)
|
The hotels have decided to charge a standard amount with effect from January 1 2008.
Source: Daily news
|
Peoples' Bank (PB)
Sri Lanka
- Banking
(October 5, 2007)
|
The Bank is on track to get a credit upgrade if its capital is boosted to regulatory requirements.
Source: Lanka Business online
|
Pyramid Lanka
Sri Lanka
(September 27, 2007)
|
The company's dorector said local manufacturers are unable to make full use of their export quotas, so they demand removal of import tax.
Source: Lanka Business online
|
New Business |
Aeturnum Lanka (Private) Ltd
Sri Lanka
(November 1, 2007)
|
The company will invest over US$ one million next year for their future expansion programme in Sri Lanka.
Source: Daily News
|
Distilleries Company of Sri Lanka Ltd.
Sri Lanka
- Food/Beverages
(October 9, 2007)
|
The Company owned by tycoon Harry Jayawardene .
Source: Lanka Business online
|
Loadstar
Sri Lanka
- solid tire maker
(October 9, 2007)
|
The company , is making new capital investments and overhauling its management and processes to keep its global leadership.
Source: Lanka Business online
|
Mahindra and Mahindra
India
- Automotives
(November 1, 2007)
|
The company of India will develop an IT park in Katunayake as a joint venture with the Board of Investment (BoI) Sri Lanka.
Source: Sri Lanka Business
|
