Go Green Lanka Recyclers, whose main production facility is to be located i n Kalutara, has taken the initiative to collect, clean and recycle the yoghurt cups, drinking cups, plastic bowls and other plastic products made out of high impact polystyrene (HIPS).
An Indian real estate company is to develop Colombo’s tallest residential tower designed by world renowned architect Moshe Safdie, in the 10 acre land previous belonging to the Colombo Commercial Company near Beira Lake.
The ‘Appzone Champions 2012’ Award Ceremony saw mobile application developers honored for excellence in seven different categories.
Hutchison Telecommunication Lanka (Pvt.) Ltd. became the first mobile operator in Sri Lanka to introduce an automated reload machine (ARM) similar to a self-service terminal used by the banking industry.
Looking for a portable office, canteen, restaurant or even a home, a unit which is unique in design and complete with comforts? Look no further as Logiventures will end your search with its extraordinary versatile Convertainer solutions.
With a reputation for consistently delivering innovative and creative ideas that work, BBDO Lanka, a part of BBDO Worldwide, presented an idea that has the potential to revolutionize the scope of environmental conservation. The launch of Asia’s first mechanical air cleaning hoarding – a hoarding that actually filters certain harmful content from the surrounding air, purifies it and releases the purified air back to the environment.
Exorbitant taxes on alcoholic beverages, particularly beer, in combination with other restrictions on sales and marketing may inadvertently fuel the demand for illicit liquor, according a Chief Executive Officer, Lion Brewery (Ceylon) PLC.
Sri Lanka’s tea exporters yesterday said that they are committed to preserve the brand ‘Pure Ceylon Tea’, but stressed the country’s export share in the world tea market should be expanded to avoid deterioration of Sri Lanka’s position as a major tea exporting nations.
A former tea industry personality plans to file legal action once again, this time on the grounds of ‘Contempt of Court’, in relation to the recent talks by authorities for setting up a tea hub or blending centre in the island.
Sri Lanka’s Securities and Exchange Commission (SEC) is to establish an ‘Investor Association’ to safeguard minority shareholder interests as well as function as a whistleblower against unlawful activities taking place in the Colombo Stock Exchange (CSE), a top SEC official said.
Securities and Exchange Commission (SEC) is said to be currently evaluating the legal options available to reverse the Rs.390 million controversial The FinanceNational Savings Bank deal, Mirror Business learns.
Dialog Axiata PLC recorded a net loss of Rs.531 million in the first quarter ending March 31, 2012 against a net profit of Rs.1 billion in the corresponding quarter of the previous year.
Galadhari Hotels (Lanka) PLC yesterday said that the company is currently facing a serious capital loss.“We wish to notify you hereby that the company's unaudited financial statements for the quarter ended 31 March, 2012 discloses that it is currently facing a position of serious loss of capital,” a disclosure filed by the company said.
People’s Merchant PLC recently marked the transformation of the company’s strengths gained over a period of three decades into a licensed finance company, under the Finance Business Act No.42 of 2011, with a launch ceremony held at its head office at Navam Mawatha.
Ceylon Tobacco Company PLC (CTC) contributed Rs.15.3 billion towards government levies during the first quarter of 2012, over Rs 14 billion during the same period last year.
Finlay Rentokil Ceylon (Pvt) Ltd, a subsidiary of Finlays Colombo PLC, was recently awarded the prestigious ISO 9001: 2008 certification for excellence in Quality Management Systems certifying timber preservation by a vacuum pressure impregnation process and using wood preservatives – a process that is unique in the market. This award was made by the Sri Lanka Standards Institution.
Bharti Airtel, India's biggest mobile phone carrier by subscribers, reported its ninth straight quarterly profit decline as intense price competition and losses on foreign exchange eroded earnings
Country’s savings giant, National Savings Bank (NSB) bought 13 percent of The Finance Company PLC (TFC) last Friday for a sum of Rs.393 million, becoming another state owned institution that has paid an unusually high price on controversial stocks
Ministry of Foreign Affairs Press Statement Appointment of Singapore’s Honorary Consul - General in Colombo, Sri Lanka
The Government of the Republic of Singapore has appointed Mr. Jayantha Dharmadasa as Singapore’s Honorary Consul-General in Colombo with jurisdiction over Sri Lanka.
Glaxosmithkline (GSK) yesterday opened its new pharmaceutical tablets manufacturing facility at a ceremony, which was officiated by Economic Development Minister Basil Rajapakse and Health Minister Maithripala Sirisena.
HSBC Signature cardholders, an exclusive circle of customers, have been offered a 10 per cent discount on Emirates First and Business Class travel from Colombo to ten popular destinations.
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