Abans launch Sonata range from Titan

Abans, sole agent in Sri Lanka for Titan, the world’s fifth largest watchmaker and a part of the TATA Group, celebrated its strong presence in Sri Lanka with a Dealer Appreciation Meet on 1st July at Taj 

President calls to promote Sri Lanka as Ayurvedic hub

President Maithripala Sirisena recently stressed the importance of adapting to local healing systems 

Go Outdoors launches fully-automated E-Commerce website

Keeping in line with its aggressive expansion plans, Go Outdoors, a fully-owned subsidiary of Fairway 

Blue Ocean Group partners Otis for upcoming developments

Blue Ocean Group of Companies has selected Otis to be the exclusive elevator solutions provider for its upcoming and future real estate projects. 

Falling pound a boon for British tourism

AFP - On a sunny afternoon near Big Ben, two weeks since Britain’s historic decision to leave the European Union, little has changed for visitors to the capital London except that their visits are now 

Asian markets sink again, US jobs data in focus

AFP - Asian markets fell yesterday morning, at the end to a volatile week dominated by the fallout from Britain’s European Union exit, with investors now turning their attention to the release of US jobs data.

Rupee gains as foreign investors buy bonds; stocks up

REUTERS- The Sri Lankan rupee strengthened in one-week forwards yesterday, as foreign banks sold dollars on behalf of offshore investors to buy local bonds, dealers said.

BOI-EDB partnership and co-operation to yield considerable economic benefits

A meeting was held recently between the Board of Investment of Sri Lanka and the Export Development Board, to explore areas of co-operation between the two key economic agencies and 

People’s Bank conducts Poson Bathi Gee

The staff members of People’s Bank hosted Bathi Gee for the 11th time on Poson Poya. The event was held adjacent to the Ruwanveli Maha Seya in Anuradhapura. 

Britain leaving EU will not impact our economy much: Chamber Chief

Expressing his views on Britain leaving the European Union (EU), the President of Colombo Chamber of Commerce, Dr. Amila Kankanamge said such incidents happen in the world from time-to-time and 

Ananda College Colombo Sri Lanka’s Green Energy Champion 2016

Ananda College Colombo was announced as the winner for the inaugural Green Energy Champion islandwide competition held recently.

Oil prices rise on bargain-buying

AFP - Oil prices rebounded yesterday after tanking nearly five percent the day before as bargain 

Excel World unveils a world of new experiences

Excel World has added an exciting assortment of fresh new features aiming to offer its customers maximum entertainment pleasure, right in the heart of Colombo. Excel World launched this ambitious 

NDB hosts Best Speaker Contest 2016

The splendorous grand finale of the NDB Best Speaker Contest organised by the National Development Bank PLC (NDB) was recently held at the DHPL Auditorium of the NDB-EDB Towers.

RDA announces Highway Tree Planting Week

The Road Development Authority (RDA) in its efforts to reinforce sustainable development has identified an opportunity to plant trees on the wayside of the Southern Expressway. At the invitation 

Melbourne showcases food produce in Sri Lanka

The Australian High Commission, Colombo recently hosted a food and wine event to showcase Australia’s finest produce. Held at the Australian Residence, the reception had 150 guests dine on an 

Land Rover ‘Dynamic Drive’ revs up Swim Week Colombo

Land Rover celebrated a collaboration of design and creativity at the recently concluded OLU Swim 

Cabinet meets next Tuesday to decide essential prices

The Cabinet of Ministers will meet next Tuesday (July 12) to decide on the prices of essential goods, 

OPPO celebrates FC Barcelona partnership 1st anniversary

Celebrating the one-year anniversary of its ongoing partnership with FC Barcelona, OPPO has announced the new F1 Plus FC Barcelona Limited Edition.

Vim ‘Diviyata Disne’ spreads enthusiasm for entrepreneurship in Kurunegala

Vim ‘Diviyata Disne’ continues to gather momentum as it helps women on their quest to gain greater 

Lanka Hospitals group 2015 turnover up 16% to Rs 5.5 bn

Lanka Hospitals has announced record gains in the year 2015 as a result of exceptional quality of 

Shares post 2-wk closing high on foreign buying

REUTERS: Sri Lankan shares rose for a third straight session yesterday and posted their highest 

Minister Samarawickrama concludes Indian visit on a high note

Minister of Development Strategies & International Trade, Malik Samarawickrama visited New Delhi from July 4-5, on the invitation of the Minister of Commerce and Industry of India Nirmala 

South Korea’s rice cultivation technology introduced to Sri Lanka

The Korea Programme on International Agriculture (KOPIA) Sri Lanka Centre established a model farm village for rice production at Rajanganaya in partnership with the Rice Research and 

Miloda Institute and World Bank sign MOU

A Memorandum of Understanding (MOU) was signed between Miloda Institute and World Bank recently.  

New Governor feels Lankan banking sector too crowded

The newly-appointed Central Bank Governor, Dr. Indrajit Coomaraswamy speaking during his maiden media conference

Sri Lanka aims to demilitarise island by 2018

AFP: Sri Lanka intends to become completely demilitarised by 2018, the government said yesterday, a significant

Govt.’s financial discipline could remove VAT burden shortly: Ravi

Finance Minister Ravi Karunanayake said the tax burden presently on the public could be removed in a short period

Central Bank downplays possible Brexit impacts on Sri Lanka

The newly appointed Central Bank Governor, Dr. Indrajit Coomaraswamy downplayed the impact of Britain’s 

EU finance chief wants system to wind down troubled clearing houses

REUTERS: The European Union (EU) should set up a mechanism to wind down troubled clearing houses