Business News

United Tractor and Equipment (UTE) unveiled two new products and a series of innovative solutions aimed at improving efficiency in the Construction Sector at Construct 2014, recently held at the BMICH. UTE was the Main Sponsor of the event for the 6th consecutive year.

Digital technology leader, Samsung Electronics recently introduced its Joy Plus TV range which enables users to capture sound and pictures when watching TV.

The National Mobile Service Provider Mobitel, has partnered with the Jaffna Municipal Council in a new initiative toward developing the municipal council’s fuel allowance processes into Mobitel’s One Fuel Card’ NFC based technological solution, to enhance the efficiency and smooth-functioning of the municipal council.

Assets up 22% YoY to Rs 683.6 billion. Deposits cross Rs 500 billion in first half of 2014. Loans & Advances up 12% YoY to Rs 438.2 billion.

"Floating Market" at the Bastian Mawatha in Pettah will be ceremonially opened under the patronage of Health Minister Maithripala Sirisena on Friday (22).