Ceysands Hotel to raise US $ 10 m
Property to be upgraded to four star:
The Board of Softlogic Holdings PLC, will raise
US $ 10 million for Ceysand Resorts Limited from International
Finance Corporation. This would be to turn around the former
Ceylinco owned Ceysands hotel into a four star property.
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Bank of Ceylon, CBSL sign up for on-line Payment Facility
Taking a further step to facilitate the
corporate clients in settling their EPF payments, Central Bank of
Sri Lanka (CBSL) and Bank of Ceylon (BOC) signed an agreement to
provide “BOC on-line Payment Facility” at Central Bank of Sri Lanka.
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Maliban wins Global Performance Excellence Award
The country’s premier biscuit manufacturer and
leader in taste and quality for over 60 years, Maliban Biscuit
Manufactories has gained global excellence “Best in Class Award” in
large scale manufacturing sector at the Global Performance
Excellence Awards (GPEA)-2012 for the second consecutive year.
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Uga Resorts rebrands to Uga Escapes
Finco Group recently launched the rebranding of
Uga Resorts .It will now operate as Uga Escapes. “The new brand
identity, Uga Escapes, embodies the company’s value proposition of
providing experiences of a life time in the most stylish,
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