WTC to upgrade standby power capacity

The owners of the World Trade Centre (WTC) said the company had taken measures to upgrade the standby 

Plantation sector wage agreement negotiations to end soon: Minister

The local natural rubber sector will see the introduction of a floor price plan by mid this year, a move that will 

Cinnamon tooth picks producer Apeiron Lanka marks 10th anniversary

Apeiron Lanka (Private) Limited, the producer of high quality Cinnamon Toothpicks to Sri Lankan and exports

Lanka Sathosa and eZ Cash partner to offer mobile money services at outlets

Shoppers at Lanka Sathosa outlets island wide will soon be able to pay for goods and services with eZ Cash,

Imports are required in order to export: Harsha

Stressing the need for reducing the barriers imposed on trade in order to exploit the county’s potential,

Fitch upgrades Hemas Holdings to ‘AA-(lka)’; outlook stable

Fitch Ratings has upgraded Hemas Holdings PLC’s (Hemas) national long-term rating to ‘AA-(lka)’ from ‘A+(lka)’. 

JAT Holdings joins hands with Construction Expo 2016

Construction Expo 2016, Sri Lanka’s most comprehensive exhibition featuring all aspects related to the construction and building industry, is scheduled to be held on July 29, 30 and 31, 2016 at the BMICH.

Abdul Rahims opens revamped showroom

The trusted name in household ware for over a century, Abdul Rahims has opened the doors of its revamped showroom in Wellwatta to the public. 

Central Bank keeps key policy rates steady

Sri Lanka’s monetary authority yesterday left the key policy rates unchanged though many expected the rates would be raised to curb pressure on the currency and to slow the foreign exit from bond markets

Vinseth Engineering celebrates ten years in operation

Vinseth Engineering (Pvt) Ltd celebrated ten years in operation under the theme of “ADMO Ten Years of Excellence” with an all-night Pirith ceremony at their factory premises at Katuwana Industrial Complex  in Homagama. Members of the staff who served the company loyally, since the inception were felicitated in a gala dinner held at the “Cavalry Officers Mess” in Rock House Army Camp Colombo 15.  Retired Army Comm

Nolimit triumphs at Triumph dealer convention with Gold award

Nolimit, the biggest fashion retail chain in Sri Lanka, seized the gold award as the ‘Best Dealer’ for the 8th consecutive year at the recently concluded Triumph dealer convention, competing with more than 600 distribution channels of all forms ranging from direct sales, boutique outlets, key accounts, retail sector, etc. The winners were selected based on their performance and the contribution towards the growth of Triumph as a leadi

Textured Jersey and Peradeniya University to develop textiles of the future

Textured Jersey Lanka PLC (TJ), the region’s largest textile manufacturer, signed a Memorandum of Understanding (MoU) with the University of Peradeniya (UoP), with the aim of expanding the smart textile segment of the industry, in collaboration with the university.  

DSI opens 3rd Reebok FitHub Concept Store in Colombo 4

DSI  recently opened yet another FitHub Concept Store on the 5th of March 2016 at Bauddhaloka Mawatha, Colombo 4. This latest retail concept provides shoppers with a truly immersive experience whereby; they can merge their fitness lifestyle with a shopping experience that is of an international standard. 

Elephant House Cream Soda celebrates a decade as the people’s choice

Extending an already impressive winning streak, Elephant House Cream Soda has been awarded the unprecedented, 10th consecutive “Beverage Brand of the Year” honour at the recent 2016 People’s Awards, jointly organised by the Sri Lanka Institute of Marketing (SLIM) and The Nielsen Company. Elephant House Cream Soda has essentially dominated this top award since the launch of the People’s Awards in 2006. 

Access Industrial Systems partners with Stratasys India to promote 3D printing in Sri Lanka

Access Industrial Systems, a subsidiary of the Access Group, announced its partnership with Stratasys, India, the 3D printing and additive manufacturing solutions company, to set up a new dimension of 3D printing in Sri Lanka. 

Dialog TV GO- Dialog Television now on every smart phone

Sri Lanka’s premier Digital Pay Television Network Dialog Television, announced a quantum leap in its service offering with the launch of Dialog TV GO- a mobile app which empowers Dialog Television 

Kasun Rajapaksa appointed COYLE Chairman

The Chamber of Young Sri Lankan Entrepreneurs (COYLE) has appointed Kasun Rajapaksa as their new Chairman at the 17th AGM held this month.  

Initiatives for economic development through climate adaptive, toxin free agriculture

Capacity building workshops for farmers of the Trincomalee district on climate change adaptation for agriculture,

Bankrupt Strauss-Kahn investment firm faces fraud probe

AFP - A bankrupt Luxembourg investment firm once chaired by disgraced former IMF chief Dominique Strauss-Kahn will be investigated for fraud, a French judicial source said Thursday. French

Clogard marks World Oral Health Day with cavity eradication campaign

As the No. 1 Sri Lankan Cavity Protector, Clogard has continuously been instrumental in creating nationwide oral health awareness to fight cavities. Manufactured by Hemas Marketing (Pvt.) Ltd, the company’s

Schneider Electric shares knowledge on modern ‘smart distribution networks’ with CEB

Supporting the Ceylon Electricity Board (CEB) in its efforts to upgrade and modernize the country’s electricity 

EFC launches Employers National Network of Youth Initiatives

University graduates are now presented with the opportunity of having a taste of the ever evolving work

Kandy Fashion launches new Uptown showroom today

“We felt there was a void in the market for active, busy, working individuals who want to put together without having to put a lot of effort into it while staying modest and ageappropriate. These styles are reflective of the fun new fashions that can’t be found always in most of the department stores in Colombo.

First round of MTI’s ‘idea2fund’ presentations begins today

‘idea2fund’, the enabling platform powered by MTI Corporate Finance for Sri Lanka’s Future Entrepreneurs will start its first round of concept presentations today. The presentations will take place today

Sprite launches ‘Cool Cash’ under crown promo

Sprite, the second largest sparkling beverage brand in The Coca-Cola Company’s portfolio recently launched its exciting

Germanwings probe wrestles with doctor -patient confidentiality

AFP - A year after the Germanwings plane crash caused by a suicidal co-pilot a year ago, French investigators are still wrestling with a complex manslaughter probe involving interested parties from some 20

United Trading brings ICC WT20 India 2016 merchandise for Lankan fans

The International Cricket Counci l ’s (ICC) off icial merchandise licensee in Sri Lanka, United Trading Company (Pvt.)

Oil slick stains Taiwan coast after cargo ship runs aground

AFP - An oil slick from a stricken cargo ship off Taiwan’s north coast could cause “massive” devastation to the area’s sea life, environmentalists said yesterday, as clean-up workers scrambled to contain the leak

DIMO powers Moratuwa University students at Formula Student 2016

Diesel and Motor Engineering PLC (DIMO), one of the leading automobile companies in Sri Lanka, will be supporting the engineering students from the Mechanical Engineering Department of the University

Next session of ‘Ease of Doing Business’ on March 30

The seventh stage of the ‘Ease of Doing Business’ series will be held under the aegis of Minister of Finance