Informal accommodation sector swelling with online booking platforms: SLTPB Chief

The informal accommodation sector is catering to around half of the tourists visiting Sri Lanka, ...

Shares end weaker; pre-poll uncertainty weighs on sentiment

Sri Lankan shares fell yesterday, hovering near 2-1/2 month lows,...

Airtel becomes third largest mobile operator in the world

Telecommunications service provider Bharti Airtel,....

Malin Hapugoda steps down from Aitken Spence Hotels, Browns Beach

Aitken Spence Hotels Holdings PLC and Browns Beach PLC...

Brandix sets new trend in corporate-academia branding

Although Sri Lanka is well known for Cricket and the island’s national game is Volleyball,..

Brother Machinery introduces modern industrial sewing machine to Sri Lanka

Brother Machinery (Asia) Limited Ltd introduced a modern industrial sewing machine manufactured

Spot rupee ends steady; forwards weaker

?REUTERS: The Sri Lankan rupee ended steady in dull trade yesterday as a state-run bank, through which the Central Bank usually directs the market, sold dollars at 133.70, but the supply of greenbacks did not meet demand by importers, dealers said.

Nation Lanka in Rs.502mn cash call

?Nation Lanka Finance PLC is planning to raise Rs.502.3 million through a rights issue, subject to the Colombo Stock Exchange and shareholder approval.

Seven internationally acclaimed speakers to attend CA Sri Lanka Strategy Summit

?For the first time ever, seven internationally renowned speakers will come together on a single stage in Colombo next month at the Strategy Summit organized by the Business School of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). 

Shares recover after election announcement

REUTERS: Shares recovered yesterday from a near 2-1/2 month low hit in the previous session after President Maithripala Sirisena dissolved parliament and announced elections, but trading volume slumped due to the political uncertainty.

US $ 165mn WB credit line for piped water, sanitation

?The World Bank (WB) Board has approved a US $ 165 million credit for Sri Lanka to increase access to piped water services and improved sanitation in the Mullaithivu, Kilinochchi, Nuwara Eliya, Badulla, Monaragala, Kegalle and Ratnapura Districts.

Ceylon Chamber conducts study on global and local apparel sector

?The Ceylon Chamber of Commerce (CCC) has conducted a statistical analysis on the global apparel sector along with a look at Sri Lanka’s apparel sector’s performance.

PUCSL technical papers to improve street lighting, benchmark licensees

?Two technical papers were presented at the Energy Trends on Demand Management Technical Session of Energy Symposium Sri Lanka 2015 on a new system based on Community Driven Management ...

Karu Jayasuriya presented with Pathfinder Road Map

?Continuing dissemination of policy recommendations for avoiding a crisis and promoting faster economic growth, The Pathfinder Foundation (PF) met Public Administration, Local Government..

Dialing back on mobile phone waste

?Sri Lanka’s mobile market leader, Dialog Axiata PLC, the pioneers in M-Waste collection, is reminding the public to conserve the environment by discarding their redundant mobile devices at the 145 Dialog M-Waste Collection Centres located islandwide. 

Kiddies & Toys introduces original Disney soft toys to Sri Lanka

?In keeping with a strong image associated with pioneering leading global toy brands to the country, Kiddies & Toys International (KTI) recently introduced original Disney soft toys to Sri Lanka, said KTI MD Nabhan Akeel.

Nippon Paint sets Gold standard for green coating

?Nippon Paint Lanka became the first and only Sri Lankan paint manufacturer to be awarded the prestigious ‘CIOB Green Mark’ award recently, an equivalent to a Gold standard, adding to the company’s string of accolades for its commitment towards a sustainable future powered by green practices.

Laugfs relaunches newly revamped Rajagiriya supermarket

Laugfs Supermarkets announced the relaunch of its newly revamped Rajagiriya outlet, further strengthening its retail chain network.

Dialog wins Glitz Biz Quiz 2015

?Dialog Axiata was crowned as the Mercantile Quiz Champions of Sri Lanka when they recently became the Champions of Glitz Biz Quiz 2015, Sri Lanka’s premier corporate quiz competition.

Digibrush duo to attend 62nd Cannes Int’l Festival of Creativity

?The Digibrush duo- Infas Nias and Sarah Ramu triumphed at the Young Lions Competition held among the local advertising industry, earning the privilege to represent Sri Lanka at the Young Lions Competitions in Cannes, France this year.

Fairway Holdings launches aviation academy

Amphibian aircraft and helicopter pilot training will be available in the near future in Sri Lanka with the launch of Fairway Holdings (Pvt.) Ltd’s Fairway Aviation Academy, which represents a recent trend in increasing investments into the local aviation sector.

Sri Lanka’s foreign policy seriously misguided: Dayan

Sri Lanka should ally itself with the East instead of the West due to the country’s geopolitical and economic attributes, according to Dr. Dayan Jayatilleka, a leading political analyst in the country.

CB keeps June rates steady

?As widely expected, the Central Bank yesterday kept the policy rates steady for the second consecutive month after it made a surprise 50 basis cut in April 2015 amid credit to private sector picking up in the low inflation economy. 

Adam Carbons reignites Bieco Link Kilns in Giriulla

Bieco Link’s activated carbon factory, renamed Adam Carbons (Pvt) Ltd. after Adam Investments PLC bought...

Altair luxury condominium promoted in the Maldives

Altair, Sri Lanka’s spectacular ‘A’ shaped high rise luxury condominium development...

Rainco recognizes top dealers at ‘Agayamu Dealer Awards’

Rainco, the market leader in umbrella production recently held an awards ceremony...

Alpha unveils home furniture promo for wedding season

Alpha Industries, one of the leading furniture manufacturers in Sri Lanka,...

Rocell opens new Concept Centre in Kadawatha

Rocell opened its latest Concept Centre in Kadawatha on June 25th.

Keells Sausages introduces party pack

Party of any kind small or big or short or long or instant or planned are never dull...

The Steuart by Citrus opens for business

‘The Steuart by Citrus’, the luxurious business boutique hotel at the heart of Colombo’s commercia...