Hameedia opens largest Signature showroom in Kalmunai

Continuously setting the benchmark in the fashion industry, Hameedia,..

Ma’s launches Happy Home organic soup range

Responding to a growing desire by customers seeking organic and natural produce...

Disrupt Unlimited and Regus join hands to support start-ups

Disrupt Unlimited, the Brandix-led startup seed accelerator,...

Luring 2.5mn tourists by 2016 unlikely: report

Importance of a harmonized grading system for accommodation highlighted  Sri Lanka will not be able to entertain 2.5 million tourists by 2016 as claimed by the previous government, according to an industry report, which also called for a harmonized grading system for accommodation.

Maldives tourism resumes positive growth

?Tourism growth levels returned to positive levels in the Maldives, with arrivals increasing by 4.5 percent year-on-year (YoY) to 95,389 in May.

Sri Lanka sells US $ 301mn of development bonds

Sri Lanka raised US $ 301 million from the sale of dollar-denominated development bonds yesterday, the Central Bank said.

Shares end at over 1-week high on hopes of political stability

?REUTERS: Sri Lankan shares hit a more than one-week high yesterday, surpassing the 7,000-point psychological barrier as hopes of political stability after the August 17 election helped boost sentiment, stockbrokers said.

Mobile phone use to be restricted within Yala

?The use of mobile phones within the Yala National Park is to be restricted in an attempt to enhance the experience of the wildlife enthusiasts visiting the park, the Wildlife Conservation Department said.

Plantation companies say massive wage hike “inconceivable”

The Regional Plantation Companies (RPCs) yesterday said the call for unconditional increase of the daily wage of estate workers to Rs.1,000— a massive 62 percent increase from the present Rs.620—is “inconceivable” given the current predicament the country’s tea industry is in.  

Euro zone clinches deal with Greece after all-night haggle

?REUTERS: Euro zone leaders clinched a deal with Greece yesterday to negotiate a third bailout to keep the near-bankrupt country in the euro zone after a whole night of haggling at an emergency summit.

Logistics industry not properly geared to meet global demands: SLFFA Chairperson

Following is the extract of the speech delivered by Tania Polonnowita Wettimuny, 

Is Asia ready to face a ‘grey tsunami’?

What is the state of the world in terms of age structure? Currently, 

ABC Trade & Investments appointed authorized distributor for Maxell

ABC Trade & Investments (Pvt.) Ltd., has been appointed..

“Dr. Fixit Contractor Club” felicitates members

Pidilite Industries Limited, India together with their local distributor Macbertan...

Metropolitan introduces Acer Liquid Z410 Smartphone to Sri Lanka

Metropolitan Telecom Services (Pvt) Ltd, the authorized importer...

Sunshine Healthcare employees undergo outbound training

Sunshine Healthcare Lanka (SHL), part of the Sunshine group of companies,...

Chandana Samarasinghe appointed Operations Director at Singer

Singer (Sri Lanka) PLC recently announced changes to its key managers...

DSL hosts Continental AG’s truck and tyre seminar

Continental AG in collaboration with Douglas and Sons (PVT) Ltd (DSL) conducted...

‘Hand in hand’ sustainability competition calls for applications

In transforming the enthusiasm for a sustainable way of life into concrete action,...

National PVC holds Annual Sales Review and Awards Ceremony

?Central Industries PLC., manufacturers and marketers of renowned National PVC pipes and fittings, recently held its Annual Sales Performance Review and Star Awards Ceremony at a grand event. 

Rocell opens showroom in Melbourne

Rocell, the Sri Lankan tile and bathware manufacturer renowned for its quest for elegance and luxury living, announced the opening of its first international showroom in Melbourne, Australia recently. The new showroom has been designed by renowned Australian architect Terry Davis.  

Würth launches high-tech safety equipment range in Sri Lanka

?Würth Lanka (Pvt.) Ltd, the leader in motor vehicle and construction industry aftermarket products and solutions, recently launched its state-of-the-art safety equipment range of solutions for personal protection recently. 

Dialog Awards retains MTI for 4th consecutive year

?Dialog, Sri Lanka’s leading mobile operator, concluded its annual employee recognition program for 2014 with MTI Consulting being retained as the independent judging partner. 

Sri Lanka on threshold of major period of sustained growth: Ravi K

?The Minister of Finance and Planning Ravi Karunanayake has placed the highlighting of Sri Lanka’s potential to the business community high on the new administration’s agenda, as well as the issue of addressing several of the anomalies found in past reporting.

361 Degrees shines at National HR Conference

?361 Degrees was named the “Most Innovative Stall” at the recently concluded National HR Conference 2015 organized by the Institute of Personnel Management (IPM). 

WB’s Washington investment team in town to boost private sector competitiveness

?A top investment assessment delegation from World Bank’s Washington offices is now in town. Boats, ICT and spices are among Lankan exports that show future promise- and the World Bank is open to evaluate the possibility of supporting an Exim Bank for Sri Lanka’s export push. 

SLIA to launch Architect 2016 next week

Sri Lanka Institute of Architects will launch the Architect 2016 exhibition programme and the 33rd Annual Sessions of SLIA at a grand ceremony on July 23. 

Shiromal Cooray appointed Sri Lanka Institute of Directors Chairperson

Shiromal Cooray was unanimously elected the Chairperson of the Sri Lanka Institute of Directors (SLID) at their 15thAnnual Membership Meeting last month.

TJL in regional expansion drive to counter high labour costs

?Sri Lanka’s textiles industry giant and weft-fabric solutions provider, Textured Jersey Lanka PLC (TJL) said they were looking at cross-border expansions going forward in a bid to counter rising domestic labour costs.

CSE signs MoU with Maldives bourse to promote cross-border listings, investments

?The Colombo Stock Exchange (CSE) signed a Memorandum of Understanding (MoU) with the Maldives Stock Exchange (MSE) to promote cross border investment, cross-border listing and explore other opportunities for cooperation between the two exchanges.