7 Star launches new improved bakers flour to local market

Serendib Flour Mills (SFML) recently introduced its new and improved 7 Star bakers flour formula to the Sri Lankan market. 

DSI Panadura showroom gets brand-new look

May 30, 2016 saw the reopening of the DSI showroom in Panadura. The store, which is situated at No.99,

People’s Leasing and Finance set to strengthen foothold locally and regionally

The country’s largest non-banking financial institution, People’s Leasing and Finance PLC (PLF), is currently 

LSEG inks deal with BOI to set up global business services arm here

The Board of Investment of Sri Lanka signed an agreement with “London Stock Exchange Group” (LSEG) to set up their global business services arm in Sri Lanka. 

Siemens signs MoU with Megapolis Ministry to offer expertise on smart city solutions

Siemens, a renowned global leader in the area of Smart Cities, strengthened its partnership with Sri Lanka by signing a Memorandum of Understanding (MoU) with Ministry of Megapolis and Western Development to offer expertise and best practices from its globally-proven, state-of-the-art, sustainable, smart city solutions portfolio. 

PM says boutique hotels way forward for Lankan tourism

Targeting to achieve both high-end tourists and 4.5 million tourists by 2020, the Sri Lankan government

John Keells group’s broking unit 4Q net in red over depressed tea prices and stocks

John Keells PLC (JKL), the commodities and stock broking arm of John Keells group, turned in a net loss of Rs

Singer Sri Lanka offers online product demos to customers

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, has launched “Singer -Show Me How”,

Tax reforms mandatory as only 0.13% of population have tax files

Sri Lanka’s tax system is in need of drastic reforms if the country is to proceed along the path of ‘sustainable’ 

India’s Sun Pharma gets U.S. subpoena over generic drugs pricing

REUTERS: The U.S. Department of Justice (DoJ) has subpoenaed India’s largest drugmaker Sun Pharmaceutical

Hefty finance costs, overheads weigh on Laugfs Gas March quarter

S r i La n k a ’ s downstream energy supplier, Laugfs Gas PLC saw its March quarter (4Q16) net profit narrowing 

SL receives formal invitation for 12th World Islamic Economic Forum

P r ime M i n i s t e r R a n i l Wickremesinghe has received a formal invitation to attend the 12th World Islamic

Etisalat Lanka provides telecom aid to flood victims

Etisalat Lanka has taken the initiative to provide free reloads for pre-paid customers and an increase in credit

Seylan Bank sponsors Everest mountaineering duo

The triumphant mountaineer Jayanthi Kuru – Uthumpala reached the summit of Mt. Everest, which towers

Lentils now a Lankan staple food- Rishad

Sri Lanka imports lentils of all types to the value of US $ 70 million – 100 million annually. Sixty five percent

Rupee forwards steady; stocks down

REUTERS - Sri Lankan rupee forwards were steady yesterday in dull trading amid fears that the currency

Hollande defiant in face of French industrial unrest

AFP - A defiant French President Francois Hollande vowed to “stand firm” over a controversial labour law,

Chamal Jayaratna – A pioneer in CAD jewellery

Jewellery designer Chamal Jayaratna is one of very first to start designing jewellery by using an advanced

Ma’s Food Processing holds Sports Day

Ma’s Food Processing (Pvt.) Ltd recently held Ma’s Sports Day in Dambulla with active participation of the

Asia stocks up but markets cautious ahead of Yellen speech

AFP - Asia stocks tilted upwards yesterday, shrugging off a weak lead from Wall Street as oil pulled back

UN Friendship Organisation honours Dulan de Silva

Give2Lanka Executive Chairman Dulan de Silva, former Berendina Group Executive Chairman and CEO 

Lankan Ambassador in Myanmar visits Multilac factory

Sri Lankan Ambassador to the Republic of the Union of Myanmar K.W.N.D. Karunaratne visited the Multilac

Biodiversity Sri Lanka celebrates International Biodiversity Day

In partnership with Hatton National Bank and Dilmah Conservation, Biodiversity Sri Lanka celebrated the

Oil prices fall back after breaching $50

AFP - World oil prices slid yesterday, with traders banking profits after crude rose above the key $50 level this 

Prima KottuMee rewards ‘Hot & Spicy Kricket’ promo final round of winners

Prima KottuMee came up with yet another way to add some extra excitement to the T20 World Cup. The 

Katunayake Export Processing Zone celebrates Vesak

The Board of Investment (BoI) of Sri Lanka and Free Trade Zone Manufacturers’ Association (FTZMA) organised

World Bank Board of Executive Directors visit Sri Lanka

The World Bank Board of Executive Directors completed a five-day visit to Sri Lanka to experience firsthand

E FM partners Google I/O Extended 2016 Sri Lanka

Sri Lanka’s Lifestyle station E FM recently hosted its popular ‘Local Spin’ programme live from the Google I/O

European Union brings relief to flood and landslides victims in Sri Lanka

REUTERS – In response to a series of floods and landslides which swept across Sri Lanka between 14th 

Global economy is ‘urgent priority’: G7

AFP - Pumping up the world economy is an “urgent priority” G7 leaders said yesterday, as they warned