Daily News Online

Saturday, 16 July 2011


Softlogic, Asian Alliance merge synergies

New medical products under Asiri brand:

Softlogic Holdings’ proposed acquisition of Asian Alliance Insurance will see the merging of synergies of the businesses of the parent company in terms of health, motor and retail sectors.

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Money changing at Laugfs Sunup supermarkets

Laugfs Sunup Supermarkets, a subsidiary of Laugfs Holdings Limited expanded its modern trade service by introducing foreign money changing facilities in its outlets. The first of the outlet to introduce this facility was the Wellawatte Laugfs Sunup supermarket last week.

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Hambantota developing into major economic hub

The Hambantota district is developing into a major economic hub in Sri Lanka and is likely to become an important city in South Asia. Ceylon Chamber of Commerce Chairman Dr. Anura Ekanayake,

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Central Bank Governor Ajith N. Cabraal handing over the Foreign Money Exchange licence certificate to Laugfs Holdings Chairman W K H Wegapitiya. Exchange Controller Osman Chandrawansa was present.

EDB Chairman Janaka Ratnayake at the launch of Sri Lanka Expo 2012 website. Picture by -Saliya Rupasinghe

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