DIMO crowned for Annual Report Excellence

Diesel and Motor Engineering (DIMO) PLC swept the boards at the CA Sri Lanka Annual Report Awards 2015, winning the overall Gold Award for the best annual report in the competition,...

Singer among Sri Lanka’s Most Responsible Corporate Citizens

Sri Lanka’s CSR activities were recognized recently as it picked up a slew of prestigious accolades at the Best Corporate Citizen Awards Ceremony organized by the Ceylon Chamber of Commerce. 

CCI engages global and local Asbestos experts to educate industry stakeholders

?The Chamber of Construction Industry Sri Lanka (CCI), the apex body which represents all the construction industry stakeholders in Sri Lanka held a special seminar on “Facts about the use of asbestos – Chrysotile Cement Roofing” on the 1st of December at the Taj Samudra Hotel. 

Valcena Paris introduces Damscena Rose to Sri Lanka

Taking the center stage this festive season in the local cosmetics industry is an all fresh and innovative skincare product range from the fashion capital of the world, called Valcena Paris. 

Exclusive CROSS store opens at Liberty Plaza today

The internatonally reputed CROSS brand – leader in writing instruments and lifestyle accessories, opens its exclusive new CROSS store at Liberty Plaza today.

Sony launches MDR range of headphones for personal entertainment

?Sony launched MDR – Music Deserves Respect, its range of headphones for personal entertainment, in collaboration with Siedles (Pvt) Ltd & Singer Sri Lanka PLC on the 6th of November at Park Street Mews, Colombo. 

Four-pronged drive to fight counterfeiting

In a bid to fight illegal trafficking of counterfeit goods, leading law enforcement agencies have established a joint force with AmCham Sri Lanka (American Chamber of Commerce) to launch a propaganda campaign called “Stay safe from fakes”. 

EU, Internet giants join forces to fight online extremism

AFP - The European Union on Thursday launched a forum bringing together Internet firms like Google, Facebook and Twitter as well as law enforcement agencies to combat online extremism.

​World’s first washable smartphone to debut in Japan

AFP - Tired of those unsightly smudges and other dirt on your bacteria-laden smartphone? A Japanese firm says it has the solution with what it describes the world’s first smartphone that can be washed with soap and water. Waterproof smartphones 

Asia stocks sink with US, Europe but euro holds gains

AFP - Asian markets tumbled yesterday, in line with a global sell-off, while the euro held most of its earlier gains after the European Central Bank’s revised economic stimulus measures came up short.

French poultry exports hit by bird flu: ministry

AFP - A string of countries in Asia and North Africa have banned imports of French poultry following a bird flu outbreak, the agriculture ministry said Thursday in Paris.

Oil prices up as divided OPEC meets

AFP - Oil prices rose in Asia yesterday as traders hedged their bets ahead of a meeting of the OPEC cartel whose members are divided on whether to slash production in an oversupplied global market.

Rupee edges down, trades near record low

REUTERS - The Sri Lankan rupee was slightly down yesterday, hovering near a record low in dull trade as importer dollar demand surpassed inward remittances, dealers said.

Change of mindset needed for security industry to grow: SLASSPA President

The 11th Annual General Meeting (AGM) of the Sri Lanka Security Service Provider Association (SLASSPA), under the theme ‘Thinking Beyond Borders’ was held recently at Taj Samudra, Colombo under the distinguished patronage of Defence Ministry Secretary Eng. Karunasena Hettiarachchi.

SLRA team meets with Standards Institution CEO

A team from the Sri Lanka Retailers’ Association (SLRA) including Nishan Silva, Director-Nedron Consolidated, Hussain Sadique, Deputy MD-Hameedia and Lead convener of SLRA and Dinesh Perera, Deputy Director-Abans PLC recently met with Dr. Lalith Senaweera, Director General/CEO of the Sri Lanka 

Aitken Spence hosts WACO International Conference in Colombo

Aitken Spence Cargo hosted the 83rdGeneral meeting of WACO, the world‘s foremost independent global freight management & logistics networkrecently, for the first time in Sri Lanka.

Ranala Junior School visits American water factory

American Premium Water Systems (Pvt) Ltd, the pioneer in introducing 5 gallon bottles and hot & cold dispensers to Sri Lankan market is conducting factory visits for school children from all over the island.  

John Keells HIV & AIDS awareness campaign goes public through web-based E-module

The John Keells group commemorated World AIDS Day falling on December 1, 2015 through the launch of an E-module on HIV & AIDS by Group Chairman, Susantha Ratnayake in the presence of Ajit Gunewardene, Deputy Chairman, Ronnie Peiris, Group Finance Director, Dilani Alagaratnam, President - Human 

Sanjaya amongst Most Influential Marketing Leaders

National Development Bank PLC Assistant Vice President - Marketing Sanjaya Senarath was listed amongst the Most Influential Marketing Leaders at the Global Marketing Excellence Awards hosted by The World Marketing Congress partnered by CMO Asia, World Brand Congress and World CSR Day.

Beam Hela Osu Lanka introduces new product range

Beam Hela Osu Lanka is a local company operating in the indigenous medicinal products sphere for over three decades. The company recently launched a range of new medicinal products that are enriched with enhanced quality and strength. The launch took place at Matara Kumburupitiya Upali Wijeyawardene 

NTB American Express celebrates Sri Lankan art

The George Keyt Foundation presents ‘Sri Lankan Art 2015’ in association with American Express from Nations Trust Bank (NTB), to celebrate Sri Lankan art and artist, from December 2 to 6, 2015 at the J D A Perera Galleries. ‘Sri Lankan Art 2015’ will feature works by various artists from across the country. 

Suren Cooke Agencies introduces Xterm Termite Baiting System

Sri Lankans now have the assurance of a termite free environment in any building and structure with easy and convenient access to the Xterm Termite Baiting System, an innovative solution to eradicate termites without drilling the floor and evacuating the premises. 

Singer Lifestyle Fiesta held for fifth consecutive time

Starting the festive season with a bang, Singer lifestyle exhibition and fair was held at the BMICH recently, attracting a large gathering. The three-day fair enabled the consumers to have the ultimate shopping experience and to witness the latest technology. 

TMI Solutions sponsors ASN Annual Academic Sessions 2015

TMI Solutions (Pvt.) Ltd, the sole authorized representative for Nihon Kohden Corporation – Japan, was the Platinum sponsor of the 2015 Annual Academic Session of the Association of Sri Lankan Neurologist. 

Comfy KAY’s launches infant support pillow for nursing mothers and babies

An infant support pillow that provides support to nursing mothers to feed their new-born babies was launched by Comfy KAY’s in Colombo recently.  The contoured nursing pillow is designed to fit around the mother’s waist easily, while eliminating the stress on the mother’s back, neck and shoulders. 

Premier wants Lankan middle-class in stock exchange

Prime Minister Ranil Wickremesinghe urged the country’s expanding middle class to become owners of the economic wealth creation by actively investing in the stock market. 

Euro struggles against dollar, most Asia markets slip

?AFP - The euro tumbled against the dollar yesterday as dealers bet on fresh stimulus from the European Central Bank later in the day, while most Asian stock markets fell following the previous day’s gains.

Tourist arrivals up 24%; S. Asian region contributes most

?Tourist arrivals to Sri Lanka increased 20.4 percent year-on-year (YoY) to 144,147 in November, with most major markets recording a positive growth.

Rupee eases on importer dollar demand; stocks up

?REUTERS - The Sri Lankan rupee traded slightly weaker yesterday to hover near its record low as importer dollar demand surpassed inward remittances, dealers said.

Commercial Credit Rs.2 bn debenture snapped up

The subordinated debenture issued by the finance company, Commercial Credit And Finance PLC to raise Rs.2 billion was oversubscribed on the opening day of the issue yesterday.