Arpico commences taxi service for shoppers

The Arpico retail chain has broken new ground in value addition with the deployment of its own dedicated taxi service exclusively for shoppers.  The service, a first for a supermarket chain in Sri Lanka,

Millennium City sets new standards for eco-friendly vertical residential living

Millennium Housing Developers PLC, the pioneer in private sector township made another groundbreaking concept in vertical dwellings by introducing The Heights at Edmonton road in the heart of Colombo 05, on strategically located prime land for the convenience of those seeking the best investment in properties. 

Interior specialist Leema Creations honoured with National Gold Award

Leema Creations (Pvt) Ltd, the leading interior solution provider in Sri Lanka collected the National Gold Award for Large Category Segment at prestigious “Entrepreneur of the Year 2015’. 

Exterminators Sri Lanka records 36% reduction in carbon emissions

Exterminators Sri Lanka were recently recognizedby Sri Lanka’s leading sustainability solutions provider- The Carbon Consulting Company, for recording a 36 percent reduction in carbon emissions.

Omega Line wins coveted Presidential Export Award

Omega Line, one of the leading export oriented apparel industries in Sri Lanka was awarded Export Excellence Award in the Garment Trade category at the recently concluded Presidential export Awards. 

Sri Lanka to allow Chinese Port City project after delay

?REUTERS:  Sri Lanka is to go ahead with a US $1.4 billion Chinese-backed real estate project after some changes to its terms, a minister said yesterday, signalling readiness to accept more Chinese investment in the face of a balance-of-payment crisis.

Positive on bourse, conscious of global conditions: CSE chief

Calling for fresh impetus to boost activity in bourse, the head of Sri Lanka’s stock market yesterday asserted it is imperative to be conscious of the “adverse” global conditions to ensure minimum impact.

Former dy minister Hussein Bhaila heads Lanka Cement

?Former parliamentarian and deputy minister Hussein Bhaila has been appointed chairman of Lanka Cement PLC with effect from December 30, 2015, the company said in a stock exchange filing.

NSB to undertake financial due-diligence of Entrust Securities

?State-owned National Savings Bank (NSB) yesterday said it was in the process of undertaking a financial due-diligence of the scandal-hit primary dealer Entrust Securities PLC.

Access group buys 70% stake in Ninewells Hospital

Construction giant and the diversified conglomerate, Access group has bought 70 percent stake in the specialized mother and baby care hospital, Ninewells Hospital (Private) Limited. 

Importance of having meat, especially chicken, in our diet

Throughout the ages of history, humans have evolved as omnivores, to subsist on a varied diet that includes vegetables, fruits, grains, fish and meat. 

Lanka Hospitals Diagnostics marks another first with new sample collection unit

Celebrating another pioneering venture, Lanka Hospitals Diagnostics (LHD), the nation’s first medical reference laboratory, recently inaugurated its new sample collection unit located within the Lanka Hospital premises.

Rapid infection detection at Credence Genomics

The time has now come to stop taking unnecessary antibiotics. The increase in antibiotic intake can reduce your resistance. When you are struck with a real illness, the medicine you take may not even answer due to the overuse of antibiotics. 

Nawaloka Hospitals Fertility Centre celebrates 10 years of making happy families

?Nawaloka Fertility Centre (NFC) has completed 10 years of dedicated service to childless couples in Sri Lanka, helping them conceive babies. 

Asiri Hospitals relaunches as ‘Asiri Health’

Celebrating over 30 years of excellence in the healthcare sector in Sri Lanka, Asiri Group of Hospitals relaunched itself as ‘Asiri Health’ at a ceremonial event held in all hospitals of the group.  

Sri Lanka-Thailand Business Council holds AGM

?The Annual General Meeting of the Sri Lanka-Thailand Business Council (SLTBC) was held at the Siam House, Colombo recently.  

Pakistan single country exhibition begins in Colombo this week

The Trade Development Authority of Pakistan (TDAP) along with High Commission of Pakistan in Sri Lanka will host the Pakistan single-country exhibition in Colombo from January 15-17, with an aim to boost bilateral trade between the two countries.

Chile explores potential to make Sri Lanka a hub to enter South Asia

The New Delhi-based Chilean envoy Andres Barbe visited the Ceylon Chamber of Commerce yesterday to explore investment potential in Sri Lanka.

Plantation Industries Minister inspects Coconut Cultivation Board

?Minister of Plantation Industries Navin Dissanayake inspected the Coconut Cultivation Board at Battaramulla, which is under his purview. 

SLIA to hold ‘Architect 2016’ in February

?“Architect 2016 of SLIA” will take place on 16th February  at the BMICH Colombo under the theme “Flows: Touching the Void”. 

Over 300 companies to participate at Jaffna International Trade Expo this month

The Northern region of Sri Lanka will welcome once again for the 7th consecutive year, the Jaffna International Trade Fair (JITF 2016). Considered by the people in the North as the largest exhibition and consumer fair, the event takes place from the 29th – 31st of January in Jaffna.

High-profile EU delegation due next week to discuss GSP Plus

A high-profile mission from the European Union (EU) headquarters in Brussels comprising of officials from the European Commission (EC) and the European External Action Service (EEAS)

Horizon Campus partners with Access Group to invest in high-tech campus

?In the wake of a series of successes achieved last year, Horizon Campus known for its spacious and modern campus in Malabe, plans to ground break for another state of the art Campus which will be a BOI approved project during the year 2016.

Interest galore for Colombo International Finance Centre

?Finance Minister Ravi Karunanayake says over 50 local and foreign financial institutions have expressed their desire to link up with the Colombo International Finance Centre (CIFC)...

Sri Lanka turns to mystery investor in bid to defend rupee

RUETERS: An unidentified investor has promised to park US $ 1 billion in dollar deposits in Sri Lanka to help the island nation defend its currency, the Finance Minister told Reuters, in an unusual move that highlights the country’s precarious finances.

Softlogic group hospital firms settle IFC loan

Three Softlogic group companies yesterday said they settled a US $ 20 million loan that was taken from the International Finance Corporation (IFC) in 2010.

Sri Lanka sells US $ 75mn in development bonds

Sri Lanka yesterday opened bidding for a development bond issue worth US $ 75 million, the Public Debt Department of the Central Bank said in a notice.

Harvard alumni engage PM on entrepreneurship and brain gain

At the youth session of the Sri Lanka Economic Forum held last Friday, timely and mindful exchanges took place between the panel and two Harvard alumni on the areas of local entrepreneurial support and brain gain.

Prof. Mahadevan to conduct CA Sri Lanka leadership programme

?World-renowned speaker Prof. B. Mahadevan will be in Sri Lanka in February on the invitation of the CA Sri Lanka Business School to conduct a one-day programme on ‘Spirituality & Inspirational Leadership.’ 

Ceylon Chamber Import Section ‘Single Window System’ forum tomorrow

?The Import Section of the Ceylon Chamber of Commerce together with Sri Lanka Customs will hold a forum tomorrow (January 13, 2016) to create industry level awareness about the newly launched ‘SL Custom’s Single Window System’.