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...

Internal fraud costs NTB Rs.365 million

Fraudulent acts in a couple of Nations Trust Bank PLC (NTB) branches have cost the bank...

Browns Investments takes full control of Ajax Engineers

The diversified conglomerate, Browns Investments PLC last week acquired the balance...

CB seen keeping rates steady

Sri Lanka’s Central Bank is expected to keep its key policy interest rates unchanged...

Lanka Rating Agency fate hangs in balance

The licence of Lanka Rating Agency (LRA) is scheduled to expire tomorrow,...

GK depositors’ FR petition: AG seek further date to submit Cabinet memo, repayment mode

The Attorney General yesterday sought a further date to submit the cabinet memorandum and the mode of re-payment plan to settle 41 percent of the deposited money of Golden Key (GK) depositors...

JKH finalises US $ 395mn syndicated loan for Waterfront

John Keells Holdings PLC (JKH) has finalized the US$ 395 million debt financing required for its flagship Waterfront mixed development project from a renegotiated syndicated loan through Standard Chartered Bank.

April trade deficit widens 15 percent

?Sri Lanka’s trade deficit in April widened 15.1 percent year-on-year US $ 783 million, with imports led by consumer and investment goods speeding up ahead of lagging exports earnings.  

Further easing in the offing: StanChart

Further monetary easing could be expected towards the second half of 2015 by the Central Bank to stimulate the economic growth as the benign inflation and the slow pick...

Venture Engine 2015 announces top 3 start-ups at finale

?The Venture Engine entrepreneurship development programme drew to a close at The OZO, Colombo recently, marking a successful four-year run. The 11 finalists behind the top-ranked projects...

‘Chamber Biz Alerts’ to provide vital business information

?The Ceylon Chamber of Commerce has launched ‘Chamber Biz Alerts’, an SMS service, to enable Sri Lanka’s business community to get updated with vital business information, which will help them to explore and grab business opportunities.

D. Samson celebrates International Flip Flop Day

?D. Samson & Sons (Pvt.) Ltd, the main marketing and distributing arm of the DSI Samson group, celebrated the International Flip Flop Day, which fell on June 19, by getting the members of its staff to wear DSI...

Ceyoka offers integral waterproofing solutions for secure building structures

?Most building and homeowners ignore the visible signs of seeping dampness which ultimately threaten a building’s structural integrity. The damage caused by water infiltration can be problematic for years, even long after the initial leak has been resolved. 

IRCON completes 5 years in Sri Lanka

?IRCON International Limited, a Government of India undertaking, under the Ministry of Indian Railways, has completed five years in Sri Lanka, where the company was responsible for laying the Northern railway...

Singer introduces PlayStation 4

Revolutionising the gaming experience for PlayStation enthusiasts, Singer Sri Lanka introduced PlayStation 4 (PS4) recently in its Mount Lavinia showroom by showcasing five gaming booths, enabling the fans to experience the next generation console.

JLanka Technologies wins Gold certification at Green Mark Award

?Sri Lanka’s pioneering next generation solar power solutions provider, JLanka Technologies was recently adjudged with the Gold certification at the Green Mark Award. The event was held in parallel with the World Construction Symposium 2015, at Hotel Galadari, Colombo. 

Arpico chain opens three more ‘Daily’ supermarkets

?Wennappuwa, Hanwella and Attidiya recently welcomed their own Arpico ‘Daily’ supermarkets, as the convenience-focussed retail giant opened three new outlets as part of its expansion plan targeting key towns and populous suburbs.

CB validates Governor Mahendran’s appointment, new currency notes

?The Central Bank of Sri Lanka yesterday in a strange move validated the appointment of the present Governor Arjuna Mahendran and the currency notes issued by the bank dated 2015.02.04.

RPCs plan growing oil palm in unproductive rubber lands

The Regional Plantation Companies (RPCs) are now planning to convert unproductive rubber lands, which are not suitable for tea, into oil palm estates in order to give a boost to the crises-stricken industry.

KPMG to restructure Lanka Sathosa

The Colombo branch of the global consultancy firm KPMG has been tasked to restructure the state fast-moving consumer goods (FMCG) giant Lanka Sathosa, a media communiqué by the Industry and Commerce Ministry said.