The AAA (Triple A) long-term credit rating accorded to the Bangladesh operations of Commercial Bank PLC has been reaffirmed by Credit Rating Information and Services Ltd (CRISL) for the fifth consecutive year.

The Planters’ Association of Ceylon refutes incorrect and misleading statements being circulated by certain parties with regard to the payment of daily wages to estate workers who pluck 18kg to 20kg of tea leaves being entitled to receive two full days’ wage for a single day’s work.

Mahapola Lotto now at Rs. 20 only

Tuesday, 14 July 2015 08:08

With a mission to facilitate inclusion for each and every Sri Lankan, lotteries innovator Mahapola Lotto recently introduced a new price for its M Lotto ticket.

Pointing out that the demand of plantation sector trade unions for an unconditional increase of the daily wage of estate workers to Rs. 1,000 – a massive 62% increase from the Rs. 620 at present – is inconceivable in any industry, Regional Plantation Companies (RPCs) note however that their productivity-based wage proposal enables workers to meet their aspirations of earning Rs. 1,000 per day.

Singer (Sri Lanka) PLC recently announced changes to its key managers followingthe retirementof Premalal de Silvawith effect from 30th June 2015 and, the appointment of Chandana Samarasinghe as Director - Operations with effect from 1st July 2015.

ABC Trade & Investments (Pvt.) Ltd., one of Sri Lanka’s leading ICT companies, has been appointed as the Authorized Distributor in Sri Lanka for Maxell Consumer Batteries, one of the world’s leading battery brands.

The Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) with the Maldives Stock Exchange (MSE) in order to help foster prosperity of the respective financial markets, promote cross border investment, cross border listing and explore other opportunities for cooperation between the two Exchanges.

A few weeks ago, Microsoft CEO Satya Nadella warned that the company faced “hard choices” when it came to products and solutions that weren’t taking the software giant where it wanted to go.

Apple has debuted two brand new iPhone 6 ads that appear to be a part of a new marketing campaign.

Top brand development consultancy Michel Nugawela Designs complements its full suite of brand strategy, brand architecture, brand identity and packaging development with the introduction of brand archetyping.

Yahoo has come up with a new strategy that could help revive the struggling Internet company's fortunes: give users the chance to win cash.