Showcasing its dominant market leadership and brand equity, the Singer Group yesterday announced a post-tax-profit of Rs. 2.61 billion for FY 2020/21 from Rs. 427.27 million achieved in the previous year. The Group also reported a profit-before-tax of Rs. 3.82 billion, a six-fold increase, compared to 2020/21. Singer Group’s revenue increased by 23% to Rs.…
Talawakelle Tea Estates PLC (TTEL), a leading member of the Hayleys Plantations sector, set yet another benchmark in the industry as the first regional plantations company (RPC) to earn the Great Place to Work (GPTW) certification in recognition of its dedication to creating positive workplace experiences for its employees. Based on a comprehensive evaluation of…
Singer (Sri Lanka) PLC, was recently bestowed with the coveted “Retail Brand of the Year Sri Lanka 2021” award at the 11th Global Banking and Finance Review Awards-one of the most prominent events in the corporate awards calendar. Singer brought home this prestigious award for the second consecutive year, reiterating its resurgence in Sri Lanka’s…
Hayleys Plantations set a new benchmark for the Sri Lankan plantation sector, as 80 of its Field Officers became the first-ever graduates of the company’s ground-breaking Technical Skills Development Programme (HPTDP- Tea and Rubber). Harnessing decades of unmatched technical and practical knowledge retained within the organisation, the course was conducted primarily by veteran Estate and…
With the introduction of e-vouchers on their Indulgence platform, The Kingsbury Colombo has stepped up to offer the choice of gifting some Kingsbury magic to your near and dear ones. The gift voucher allows your loved ones to purchase goodies online or use it at any of The Kingsbury’s restaurants. The cash vouchers are offered…
Amma, Ammi, Mama, Mummy… we call her by many endearing names and hold her dear to our hearts. Our mother holds the heartstrings of the family together with her unconditional love and care. This Mother’s Day, The Kingsbury Colombo offers you the opportunity to show your mother how much you adore and appreciate her, by…
Singer the nation’s premier consumer durables retailer has partnered with Taiwan-based gaming giant MSI (Miscro-Star International) to usher in a new era for Sri Lanka’s gaming and content creating communities. Together with MSI, Singer is now ideally placed to support Sri Lankan gamers and creators to make the gaming experience more competitive, personalised and accessible.…
Women’s International Shipping & Trading Association (WISTA) Sri Lanka concluded yet another successful event held at Cinnamon Grand Hotel to celebrate Women’s Day 2021 with two-panel discussions and members’ fellowship. President of WISTA Sri Lanka NiluMediwaka Wickremasinghe, (Director, SALOTA International) addressed the gathering where she highlighted the importance of achieving gender equality and minimizing the…
‘Kanpai’ is ‘cheers!’ in Japanese and what better way to say it than with a cup of ‘sake’? Popular in Japan for over 2,000 years, ‘Nihonshu’, known the world-over as ‘sake’, is a Japanese alcohol made from polished rice. The premium grades of sake, such as ‘ginjo’, however, have only been around for about 50…
Hayleys Fabric Plc yesterday acquired the control of South Asia Textiles Ltd. (SAT) for Rs. 4 billion as part of expanding its business. Hayleys bought 98.84% stake of SAT comprising 97.68% from Ambeon Holdings Plc and 1.16% from a minority shareholder. “This acquisition supports Hayleys Fabric Plc’s strategic plan to expand capacity for higher value-added…