SLI declares Rs 4.2 bn Life Insurance Bonus
Sri Lanka Insurance, (SLI) once again declared
the largest life insurance bonus of Rs 4.2 billion for all its
participatory life policy holders. The staggering Rs 4.2 billion
declaration marks history as the highest ever life insurance bonus
declared so far in the country.
SLT receives TRCSL nod to commence NBN operations
Sri Lanka Telecom (SLT), the national
telecommunication service provider was awarded with the license as
the National Backbone Network (NBN) Service Provider in Sri Lanka.
Under this new license, SLT will function as the NBN operator,
delivering NBN services via the company’s advanced fibre optic based
nation-wide communication backbone. The license was formally
presented to Lalith De Silva, Group CEO of Sri Lanka Telecom by
Anusha Palpita, Director General, Telecommunications Regulatory
Commission of Sri Lanka (TRCSL), at a formal ceremony held recently
Nestle‚ declares highest ever dividend
Nestle‚ Lanka PLC, held its 32nd Annual General
meeting in Colombo last week, chaired by its Chairman and Head of
Nestle‚ in the South Asian Region, Antonio Helio Waszyk.
LB Finance posts 2.53 bn ptp
LB finance PLC announced its 2012/13 financial
results, highlighting yet another outstanding year of phenomenal
highs. Income swelled by a voluminous 40.68% over the previous year,
to a record of Rs 11.17 billion during 2012/13. Interest income
expanded by 41.49% to reach Rs 10.32 billion during the year.