Business News

The automated teller machines (ATMs) of Commercial Bank dispensed a mind-boggling Rs 37.321 billion in December 2015, averaging Rs 1.204 billion a day, and processing an incredible 6.682 million transactions at a daily average of 215,548, Sri Lanka’s largest private bank reports.

Holcim (Lanka) Ltd, a member of the LafargeHolcim Group, in the pursuit of continued development in safety and technology has provided an astounding investment, partnering with facilitator, Diesel & Motor Engineering Plc (DIMO), who handed over the largest bulldozer to be supplied to Sri Lanka with its main operational functions being ripping and dozing limestone.

United Tractor & Equipment (Pvt) Ltd (UTE) recently delivered eight Hydraulic Excavators of the Cat 312D2 Series for Climate Resilience Improve Project of Sri Lanka’s Ministry of Irrigation and Water Resources Management.

A seminar themed ‘Developing Agile Business Applications - Are You Ready?’ was conducted by Kingslake, Dialog and Progress on Tuesday 24th of November 2015 before a large gathering of CEO’s and CIO’s from diverse industry segments at Waters Edge, Battaramulla.

Kala Pola 2016, Sri Lanka’s annual open-air art fair will take place on Sunday 31 January 2016 along Ananda Coomaraswamy Mawatha, Colombo 07.

Future Automobiles (Pvt) Ltd, a subsidiary of Softlogic Holdings and the local agent for FORD Motor Company, launched the FORD Loyalty Card Programme recently.

Ringing in new adventures for the New Year, Emirates is launching its much-awaited global sale to inspire and encourage travellers to explore new destinations and revisit their favourite cities.

Chartered Engineer Malith Mendis has been appointed Country Representative of the Dispute Resolution Board Foundation.

Nivithigala in Sri Lanka’s Ratnapura District has been refreshed with water supply and sanitation facilities it received from Brandix, under the Group’s novel ‘model village’ themed community initiative.

Softlogic Finance PLC continued its strong growth momentum in the first half of the 2015 financial year (1HFY15), recording remarkable growth across the board, including double digit improvements in many key indicators.