Aquafresh launches Sri Lanka’s first-ever alkaline water

Sri Lanka’s premier bottled, drinking water company, Aquafresh, recently introduced the country’s first-ever brand of alkaline water – Alkafresh. With a pH balance of 9+, Alkafresh is specially purified drinking water with trace levels of magnesium and calcium carbonates which as a whole, provide alkalinizing benefits and is ideal for those seeking a pure, balanced form of hydration. 

Commerce Dept and BCIS to hold Trade in Services seminar this month

The Department of Commerce in collaboration with the Bandaranaike Center for International –Studies (BCIS) will hold an interactive awareness seminar from 27-28 June at the Bandaranaike Centre for International Studies (BCIS) on Trade in Services. 

Fresh investment to kick-start new chapter for Quickee

Sri Lanka’s pioneering hyperlocal delivery network, Quickee, is set for unprecedented growthand capacity expansion following the close of its Series A funding round in late 2015which has accelerated the popular start-up into high gear.

Promoters step into boost Cargills Bank’s capital requirements

The country’s youngest commercial bank, Cargills Bank Ltd will be getting more capital infusion from its promoters Cargills

CB needs to establish credibility, says Moody’s

Sri Lanka’s Central Bank will have to establish its credibility in terms of monetary policy effectiveness

Two Chinese directors step down from Blue Diamonds board

Two directors of Blue Diamonds Jewellery Worldwide PLC (BLUE) have resigned in the midst of investigations

Piramal Glass invests Rs.3bn in new furnace

G l a s s b o t t l e a n d container manufacturer Piramal Glass Ceylon PLC, a unit of India’s Piramal Group, has invested

Rupee up; exporter dlr sales outpace importer demand

REUTERS: Sri Lankan rupee forwards ended higher yesterday as dollar conversions by foreign investors

Shares close at more than 1-week high

REUTERS: Sri Lankan shares closed at a more than one-week high yesterday as investor sentiment remained

Tourism Ministry looks to recruit new MD for SLTPB following Ruvini’s sudden resignation

??By Chandeepa Wettasinghe The Tourism Development, Christian Affairs and Land Ministry will be advertising to recruit a

Papyrus Papers appointed distributor for Arjowiggins Healthcare

Arjowiggins Healthcare, the world leader in sterile barrier solutions for the hospital and medical device industries, has appointed Papyrus Papers as the company’s authorised distributor in Sri Lanka. The appointment paves the way for a wide range of safe bacterial barrier packaging products in the Arjowiggins Sterimed® and Sterisheet portfolios to be marketed in Sri Lanka, propagating the use of sterile medical paper in the wrapping of

Singer launches latest energy-efficient Samsung Inverter Air Conditioners

Singer Sri Lanka PLC, the country’s leading consumer durable retailer and authorized partner for Samsung products in Sri Lanka, has launched a range of Samsung Inverter Air Conditioners, further expanding the company’s range of Samsung products on offer.

Masakorala in eminent expert group that developed new ICC Transport Guide

Contracts of sale and transport can be tricky even for the most experienced professionals. The slightest of errors may cause substantial repercussions such as detained shipments, spoiled supply chain planning, wrong cost allocation and delayed payments. To bridge the gap between expectations and execution, ICC Guide on Transport and the Incoterms 2010 Rules was developed by ICC expert group.

IFC Country Manager holds talks with CCC Chief

IFC Country Manager for Sri Lanka and Maldives Ameena Arif visited The Ceylon Chamber of Commerce last week. She was met by the Chairman of the CCC,  Samantha Ranatunga.

GiftSmart.lk makes gifting even more exciting with premium services

The Sri Lankan-made gifting solution - GiftSmart.lk - recently upgraded its offerby introducing Premium Services to help users throw a memorable surprise for their loved ones.

Arpico addresses market gap for Lifestyle store

Demand for the niche market of Lifestyle stores is currently on the move, and the Arpico Lifestyle Store can be termed as a destination where people would like to take a lot of time before they shop.  Consumers today have a tremendous sense of style and taste, and Richard Pieris Distributors Ltd. has fully embraced this knowledge and provided a platform where enthusiasts can mull over and browse to their heart’s content… looking

Exchange laws to be relaxed allowing banks to borrow overseas

As a precursor to remove foreign exchange controls and enable freer mobility of capital, the government 

DIMO appoints 4 new directors to the board

Diesel & Motor Engineering PLC (DIMO) recently appointed four new directors to its Board effective from June 01

New appointments inject dynamism to Keells Food board

Keells Food Products PLC, the processed food manufacturing arm of John Keells group, has appointed 

Eighth ‘Ease of doing Business’ forum on June 14

The eight session of the ‘Ease of doing Business’ series will be held under the aegis of Minister of Finance

March quarter corporate earnings up 16% to Rs.61bn: Research

With the March quarter earnings season coming to an end, an independent research firm has added up the

Bankers to break away from Leasing Association to form new body

The country’s bankers are to soon break away from the Leasing Association of Sri Lanka (LASL)— the representative body comprising of leasing professionals from the leasing & finance firms and banks

Turkish FM on two-day historic visit to Colombo

The Minister of Foreign Affairs of the Republic of Turkey, Mevlüt Çavu?o?lu will pay an official visit to Sri Lanka

Wall Art celebrates 4th anniversary

Sri Lanka’s first-ever exclusive wall paper and 3D wall tiles company relocated its flagship store to Colombo 5

Access Engineering nearing completion of Vavuniya-Horowpathana road rehabilitation

Rehabilitation and improvement works of Vavuniya-Horowpathana road section (A 029) from 5 +000 Km to

Tele Makers honours Swadeshi Chairperson

For the invaluable contribution made in promoting quality teledrama productions, the Tele Makers Guild recently

Sunquick ‘Drink & Win’ promo ends with success

Sunquick’s ‘Drink & Win’ promotional campaign ended on a high note, with the final prize giving ceremony

India’s plan to levy tax could hit 75,000 tonnes sugar exports- industry official

REUTERS- India’s plan to levy tax on sugar exports could hit nearly 75,000 tonnes of shipment heading towards Myanmar and Sri Lanka, an industry official said yesterday.

Shares end steady in thin volume

REUTERS: Sri Lankan shares ended steady yesterday as positive sentiment after an IMF loan approval offset 

Lanka Dairies says Milk Day is a ‘Daily’ affair

People all around the globe have been celebrating the World Milk Day on June 1 every year since 2001