Don’t just paint it, Crown it with JAT

JAT Holdings has revolutionized the paint industry having partnered with highly renowned British paint maker, Crown Paints to introduce a wide range of premium Interior & Exterior emulsion paints to help you find the perfect color of your choice to crown your home.

Hulftsdorp and Residential Colombo

The recent growth of apartment complexes in Colombo and its suburbs is quite evident to the naked eye. However, potential locations such as Colombo 12 or otherwise known as Hulftsdorp, have not been largely targeted by developers for residential purposes. Hulftsdorp is largely known for the courts and is surrounded by law firms and busy shopping streets. With high-rise residential developments being scarce in the location, Glorious Residencies be

Etihad Airways Introduces A Range Of Comfort Items And Amenities

In addition to its complimentary inflight service and hospitality offering, Etihad Airways has introduced a selection of inflight

Waves flip-flops ‘make waves’ at SLIM Brand Excellence

Waves, Sri Lanka’s only natural flip-flops, won the Merit Award for The Innovative Brand of the Year, for its novel concept

NSBM Green University Town Career Fair 2017 a vibrant success

NSBM Green University Town Acting Chairperson Ruwanthi Gunathilake recently declared open the NSBM Career Fair with the presence of Deputy Vice Chancellor Chaminda Rathnayake, School of Business Dean Thilini De Silva, School of Computing Dean Chaminda Wijesinghe, Head of Student Affairs Baratha Dodankotuwa and academic and non-academic staff at the NSBM Green University Town, Homagama recently.

Dankotuwa Porcelain expects higher demand from India’s exploding middle class

Leading Sri Lankan porcelain tableware manufacturer Dankotuwa Porcelain PLC (DPL) sees ample opportunity in the neighbouring Indian market and is gearing to further expand its business interests in that country, a top company official said.

Millerholz and Spotless unveil new showroom experience

Millerholz, the leading provider of high quality durable flooring solutions and Spotless, the premier commercial and industrial cleaning solutions company, recently opened the doors to their flagship showroom in Colombo.

DSI opens new outlet in Ratnapura

On November 30th 2017, DSI celebrated the opening of the latest  footwear outlet in Ratnapura. The new outlet can be found at No.23 of the Seneviratne Building on the Main Street of Ratnapura.

Galuku Hydroponic wins Wayamba Vijayabhimani Excellence Award

Galuku Group of Companies Chairman Jagath Manjula Yapa was awarded as the most excellent businessman in the category of innovative value-addition products at Wayamba Vijayabhimani Entrepreneur Excellence Awards.

Sri Lanka recognises tea industry stakeholders

National Tea Awards was held for the first time in Sri Lanka with the participation of President Maithripala Sirisena as the chief guest last Friday. The awards recognised the contributions and achievements made by individuals and companies in several fields of the industry, which included tea plucking, smallholding, tea factories, exporting, etc. 

Berendina holds Best Entrepreneur Awards

Berendina Micro Investments Company (BMIC) held its Best Entrepreneur Awards recently at MAS Fabric Park in Thulhiriya.

ICCSL-CA Sri Lanka facilitate seminar on Foreign Exchange Act

The International Chamber of Commerce Sri Lanka (ICCSL) together with Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be facilitating a joint seminar on the new Foreign Exchange Control Act, on Wednesday, December 13, at the CA auditorium. 

Laptops making comeback in urban areas: Survey

Use of laptops appears to be making a comeback, especially in the urban areas of Sri Lanka, according to data released by the Census and Statistics Department, despite the increasing popularity of mobile phones.

Singer Sri Lanka ownership change effects changes in subsidiary’s board

The change in ownership structure at Singer Sri Lanka PLC has effected a change in the director board of its subsidiary Singer Finance (Lanka) PLC.  Senior banker Aravinda Perera has been appointed the Chairman of Singer Finance PLC, the company informed the Colombo Stock Exchange last week.  A filing by the company said the appointment was effective from October 2nd, 2017.

CCEM appoints special committee to develop digital marketing campaign for tourism industry

The responsibility of coming up with a digital marketing campaign for the country’s tourism industry has been entrusted with a special committee appointed by the Cabinet Committee on Economic Management (CCEM) chaired by Prime Minister Ranil Wickremesinghe, Mirror 

Kuwait expects oil market to rebalance in late 2018

AFP:  Kuwaiti Oil Minister Essam al-Marzouk said yesterday the international crude market is expected to rebalance in the fourth quarter of 2018 after producers extended a deal to curb output.

Dilshan Wirasekara elected to CSE Board

The Colombo Stock Exchange (CSE) announced the appointment of Dilshan Wirasekara as a Director of the CSE Board with effect from 21st  November 2017. 

Vasu goes to court over shipping industry monopolization

Member of Parliament Vasudeva Nanayakkara fired broadsides at the Ports and Shipping Ministry, bringing legal action against  key state officials and policy makers in the ministry for failing to prevent the monopolization of the shipping industry.

Millerholz & Spotless unveil new showroom experience

Millerholz, the leading provider of high quality durable flooring solutions and Spotless, the premier commercial and industrial

MAS Brands launches Ultimo

Leading intimate apparel producer MAS Brands introduced designer lingerie label Ultimo to its Sri Lankan clientele this month.

Exclusive Lines is first to introduce NFC ‘Tap and Go’ loyalty points to Sri Lanka

It’s as easy as tap and go for discerning shoppers indulging in the wide range of premium fragrances and beauty products at Exclusive Lines

Unilever, UNDP and UNGC Initiate Strategic PPP’s Around 2030 Agenda

Unilever Sri Lanka, the United Nations Development Programme(UNDP) Sri Lanka and the United Nations Global Compact (UNGC) Sri Lanka

IMF urges Sri Lanka to maintain tightening policy bias until inflation ebbs

The International Monetary Fund (IMF) has urged Sri Lanka to maintain a tightening bias on monetary policy until clear signs emerge that inflationary pressures and credit growth are moderating.

Korea Eximbank approves US$ 14mn for garbage collection compactors to Sri Lanka

The Export-Import Bank of Korea (Eximbank) has approved US$14 million for the supply of garbage collection compactors to Sri Lanka. 

UNIDO supports initiative to setup packaging testing centre in Sri Lanka

United Nations Industrial Development Organization (UNIDO), within the framework of the European Union (EU) – Sri Lanka Trade Related Assistance project, is supporting the creation of a packaging testing center in Sri Lanka. 

Bitcoin plunges 15% in wild trading

AFP: Bitcoin plunged as much as 15 percent to below US$ 14,500 on profit-taking yesterday, capping a roller-coaster week that saw the currency hit a series of record highs and underlining concerns about its volatility.

Tax concessions galore for firms running H’tota port

Gazette notifications pertaining to tax exemptions that would be granted to two public private entities that will run the Hambantota port were presented to Parliament for its approval yesterday. 

SriLankan celebrates 70th anniversary of commercial aviation

Exactly 70 years ago, on December 10th 1947, a Douglas DC-3 aircraft named Sita Devi took off from Ratmalana airport for Palalay Jaffna and Madras. With this historic flight, Air Ceylon, the national carrier of Sri Lanka was born.

Asian markets on course for broad gains after volatile week

AFP: Asian markets rallied yesterday, bringing a volatile week to a positive end as tech firms extended their rebound while investors tracked advances on Wall Street following reports Donald Trump is planning to unveil a big-spending public works plan.

Abans launches Apple iPhone X in Sri Lanka

Abans, the authorized reseller and service provider for Apple in Sri Lanka launched the iPhone X yesterday at its flagship store at the Colombo Racecourse.