JKH subsidiary further trims holding in Union Assurance

The John Keells Holdings PLC (JKH) subsidiary, Whittall Boustead Limited, has further trimmed its stake in Union Assurance PLC, to allow the insurer to work towards complying with the continuous minimum public holding rules of the Securities and Exchange Commission. 

SSC to adopt resolution to go green at AGM tomorrow

The annual general meeting (AGM) of the Singhalese Sports Club (SSC) is scheduled to take place tomorrow, at 7:00 p.m., at the club premises.

Sri Lanka shines at World Tea Expo

Sri Lanka’s celebrated Ceylon Tea roared at this year’s World Tea Expo, drawing attention to the official country of origin and showing by example its pedigree of social, economic and environmental responsibility.

Aavishkaar makes second investment in Sri Lanka; backs Grasshoppers

India-based impact investment firm Aavishkaar has made its second bet in Sri Lanka by investing in logistics solutions provider Grasshoppers (Pvt.) Ltd. 

Mastercard Expands Labs in Asia Pacific, Continues to Blaze a Path in Developing Innovative Payment

More than five years since first launching in Singapore, Mastercard Labs has reaffirmed its commitment to being pioneers of a World Beyond Cash by opening a new Innovation Showcase, 

Keto On Your Feet: The Sandwich Factory and Fit.lk presents a 40 Day Transformation Challenge

Two seemingly unlikely allies have joined forces for a 40-day body transformation challenge. The Sandwich Factory is partnering with personal trainers Fit.lk for the Go Keto Bootcamp - a one and a 

Capital Alliance (CAL) concludes inaugural intercompany Six-a-Side Cricket tournament – ‘CAL PL 2017

The intercompany soft ball six-a-side Cricket tournament for the staff of CAL (Capital Alliance) was held recently at the Buddhadasa grounds in Colombo to promote a spirit of camaraderie

Qatar Airways Wins Airline Of The Year At The 2017 Skytrax Awards

The award-winning airline collects host of awards, including Best First Class Airline Lounge, Best Airline in the Middle East and World’s Best Business Class

The modern day woman’s favourite footwear – Jessica – opens exclusive store

The trendy, savvy and hip local women’s footwear brand ‘Jessica’, opened its exclusive store at No. 160 Bauddhaloka Mawatha, Colombo 04 on 9th June, 2017. 

Fitch says rising interest rates to hurt Lankan corporates

Lankan corporates are likely to experience some headwinds in the next 12 months as a result of rising interest rates in the economy, the Sri Lankan unit of global credit rating agency, Fitch Ratings said yesterday.

SL partners with Japan’s JCB for national banking cards

Japanese banking giant JCB International Co. Ltd. will be issuing Sri Lanka’s national banking cards in partnership with LankaClear (Pvt) Ltd’s LankaPay brand next year, it was revealed yesterday.

JKH subsidiary further trims holding in Union Assurance

John Keells Holdings PLC (JKH) subsidiary, Whittall Boustead Limited has further trimmed its stake in Union Assurance PLC to allow the insurer to work towards complying with the continuous minimum public holding rules of the Securities and Exchange Commission.

Anilana says in talks with Sampath Bank over loan defaults

Hospitality firm, Anilana Hotels and Resorts PLC (Anilana), said yesterday it was negotiating with Sampath Bank PLC to settle its loans in default, after the bank gave notice that Anilana’s mortgaged lands would be auctioned off.

Rupee ends weaker on importer dollar demand

REUTERS: The Sri Lankan rupee ended weaker yesterday as dollar demand from importers weighed on the spot currency, which traded for a second straight session after six weeks. The spot rupee started trading on Monday for the first time since May 5 when the Central Bank fixed the spot reference rate at 152.50. The spot rupee ended at 153.30/40 per dollar, weaker from Monday’s close of 153.18/23.

Lanka Marine Services launches digital bunkering

Lanka Marine Services (Pvt) Ltd, the bunkering unit of John Keells Holdings PLC (JKH), has launched several digital bunkering initiatives aimed at improving the customer experience during transactions, Ship & Bunker, a leading marine fuels industry news website said. 

HNB Ath Pavura—SL’s first reality to show to promote entrepreneurship and impact investment

HNB Ath Pavura is a new weekly show on Independent Television Network (ITN), Sri Lanka’s leading television channel that will promote social entrepreneurship and impact investment through an exciting reality TV show format, first time in Sri Lanka.

Lankatiles launches app packed with unique features

Lankatiles, the pioneers in wall and floor tile manufacturing in Sri Lanka, recently launched a tile app under its brand name ‘Lankatiles’– one of the first comprehensive apps by a Sri Lankan tile manufacturer. 

Stax gears up to assist local corporates on overseas market entry solutions

Stax Inc., a global strategy consulting firm, will host a week-long roadshow for corporates looking to explore emerging markets in areas like East Africa and the Mekong Valley. 

Lakshman Consolidated Company partners with Ashok Leyland India

Lakshman Consolidated Company (Pvt.) (Ltd) recently partnered with India’s Ashok Leyland as an authorised Ashok Leyland spare parts seller, opening up a world of opportunities for Sri Lanka’s Ashok Leyland bus, lorry and tipper truck owners.

Kenstar introduces exciting new bicycle range to Lankan market

Kenstar, with a history of over five decades in cycling, brings to the islanders a new range of bikes with a choice for children, ladies and without doubt, a total mountain bike range for all ride types.

Papyrus Papers celebrates 15 years of growth and leadership

Papyrus Papers, a name synonymous in Sri Lanka with fine paper, celebrates a 15-year journey of organic growth via logical diversification this month.

Sri Lankan hosts amazing ‘Rumble in the Jungle’ mountain biking race 2017

Sri Lankan Airlines successfully conducted ‘Rumble in the Jungle’ the premier mountain biking event that attracts local and international cycling pros and enthusiasts recently. Conducted for the fourth 

SWIM WEEK, Green Conscious Earth Sensitive

Swim Week Colombo's new position is to create an eco-system of practices that not only enhances the environment but empowers individuals to adopt practices and methods that unburden the 

Knorr Masterclass with George Calombaris Thrills Colombo’s Foodies

The excitement at “Cinnamon Life Presents George Calombaris, a Masterclass with Knorr”was at its zenith as lucky foodies thronged to see the celebrity chef and taste his mouth-watering food. While 

Jaguar Land Roverand Gorillazseek New Engineering Talentvia Alternate Reality

Jaguar Land Rover and Gorillaz are working together to recruit the next generation of world-class electronics and software engineering talent witha code-breaking challenge found in the virtual band’s

The Factory Outlet Rising above the shores of Galle

The Factory Outlet, known to be one of Sri-Lanka’s exclusive fashion retail provider opened its wings to penetrate a fashion concerned, design oriented audience living along the coast of Sri-Lanka. TFO 

Leo Burnett celebrates 18 years in Sri Lanka

Leo Burnett Sri Lanka,the local office of the global advertising network Leo Burnett Worldwide recently celebrated its 18thanniversary. Leo Burnett Sri Lanka has grown exponentially into one of the most 

Suncity Property Developers: A Trendsetter in the Construction Sector

A prominent presence in the construction industry for over two decades, Suncity Property Developers has entrenched its impressive credentials by successfully completing many luxury apartment 

Unilever Offers Hands-On Learning Experiences to Moratuwa Engineering Undergraduates

Unilever Sri Lanka, the nation’s number one employer of choice, recently marked the completion of its inaugural LEaD (Learn, Explore, Develop) training programat their head office. The event saw 18 

Avirate - High Summer Collection launch

Aviraté, an international lifestyle fashion brand owned by Timex Garments (Pvt) Ltd, recently unveiled its highly anticipated High Summer Transitional 2017 Collection, “Parisian Chic”at a Sneak Peek