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Working with global financial markets:
Capital markets around the world are witnessing
on-going change which creates new opportunities and new challenges.
The members of South Asian Federation of Exchanges (SAFE) should
engage in a conscious effort to achieve fairness,
Digital transformation of public sector:
Microsoft Corpor- ation assured the government
of its continued support to accomplish the country’s ICT (infor-
mation and commu- nications technology) plans and goals. Following
up with the meeting between Prime Minister Ranil Wickremesinghe and
Microsoft International President Jean-Philippe Courtois in Davos in
January,
Department store upgraded:
Softlogic Group plans to transform its main
retail store, Odel, in Ward Place into a 6,000 square feet shopping
mall by 2019.This comes as part of the group’s new phase of
expansion which is underway, Softlogic Group Chairman Ashok
Pathirage told Business Observer.
National Development Bank (NDB) PLC and its
Group companies (together referred to as the Group) posted a 20%
year-on-year (YoY) growth in gross income for the first quarter of
2016.
Sri Lanka Insurance has declared a life bonus of
Rs 5.4 billion for 2016 surpassing its own record of Rs 4.7 billion
declared last year. Sri Lanka Insurance has declared over Rs 35
billion as Life Insurance bonuses since 2006.
Gross Written Premium (GWP) of AIA Insurance
Lanka PLC grew by 31 percent to Rs. 2,372 million for the three
months ended March 31, 2016. The outstanding growth was supported by
a strong increase in premium persistency and a change in premium
mode mix which recorded an increase in annual premium collection. |
