TBWA\Sri Lanka recognized at AdFest with two awards

?Founded in 1998, ADFEST focuses on celebrating and raising the standards of creativity in the region, and it is widely recognized as one of the most competitive and prestigious festivals in the Asia Pacific region. 

Marina makes ‘Ananda Asiri Avurudu Siri’ enjoyable

?‘Ananda Asiri Avurudu Siri’, the New Year festival of the Primary Section of Ananda College was held at its playground recently. The chief guest at the event held under the guidance of Kithsiri...

Puritas commissions wastewater treatment plant for coir industry

?Sri Lanka’s coir industry reached an important milestone last month, with the commissioning of a pioneering wastewater treatment plant for the Botanicoir (Pvt) Ltd factory in Dankotuwa. 

‘NDB Jaffnaspire 2015’ to focus on community development, empowerment

?NDB will be conducting a five-day series of activities in the Jaffna peninsula, in a bid to inspire and empower the people of the region towards sustainable financial progress; by introducing them to the Bank’s unique financial solutions and advisory services. 

Cargills awards farmer leaders across Sri Lanka

?President Maithreepala Sirisena awarded 18 vegetable and dairy farmers from across Sri Lanka at the Cargills Saru Bima Farmer Citizen’s award at a ceremony held at the BMICH yesterday.

BAT pledges ongoing commitment to ‘Shared Value’ in Sustainability report

?British American Tobacco recently published its latest ‘Value Shared’ Sustainability Summary report detailing how the company is investing in a sustainable future for its business and society.

MBSL kick off SME forums from Gampaha

?Merchant Bank of Sri Lanka and Finance PLC (MBSL), together with Lanka Training and Education Academy (LTEA) with the assistance of Sri Lanka Federation of Industrial Associations, has organized...

CCC says uncertainty affecting economic and biz environment

The Ceylon Chamber of Commerce (CCC) yesterday urged the President and the government to end the prevailing political uncertainty by holding the general election as soon as possible, preferably keeping to the dates announced in the ‘100-day program.’

Keangnam’s fate will not affect Waterfront Project: JKH

?Korean construction house Keangnam Enterprises, which holds a significant stake in the construction of John Keells Group’s Waterfront Project could be facing liquidation, after stocks hit the bottom in The Korea Exchange.

Kalpitiya Beach seeks alternative location for delayed resort

Kalpitiya Beach Resort PLC, a subsidiary of Citrus Leisure PLC is looking for alternative locations in Sri Lanka and the Maldives to develop its project, given the lack of development in the Kalpitiya area.

Consolidation should be left solely to the entities: Committee Report

?The committee appointed by Prime Minister Ranil Wickremesinghe to determine the feasibility of the Central Bank’s Financial Sector Consolidation Plan has expressed that the government should only act in a regulatory capacity to create an environment conducive for consolidation.

Brent crude hits 2015 highs as U.S. production slows

?REUTERS: Brent crude oil hit 2015 highs above US $63 per barrel yesterday after a rally of more than 5 percent the previous session, and analysts said more price rises were likely despite market oversupply.

Lankan economy to post moderate growth in 2015, 2016

Sri Lanka’s economic growth for this year and next year appears to moderate considerably compared to previous projections, according to forecasts released by leading multilateral agencies this week.

Qatar Airways named World’s Most Dependable Airline

?Qatar Airways has been named the ‘World’s Most Dependable Airline’ in a comprehensive study of all major carriers, published by CBS MoneyWatch and conducted by recognised travel site, WanderBat.

A New Year bonanza from Photo Technica

?Photo Technica is offering the traditional Sinhala and Tamil New Year bonanza to its loyal customers during this season of good cheer. 

JLanka to introduce first Sri-Lanka made ‘IoT’ product

?In today’s fast changing world that is mainly driven by technology, the Internet of Things (IoT) is the network of physical objects or ‘things’ embedded with electronics, software, sensors and connectivity to...

TBWA\Sri Lanka CCO selected as a New York Festival judge

?New York Festivals has been honouring the World’s Best Work in all media since 1957. The world-class judges review submissions in the most current and relevant categories to award creativity across all media. 

Leo Burnett’s Murtaza first Lankan to serve on AMES Awards jury

?Renowned advertising strategist, Leo Burnett Solutions Inc. (LBSI) Head of Brand Planning Murtaza A. Tajbhoy, has been selected to serve on the respected jury of the Asian Marketing Effectiveness & Strategy (AMES) Awards, which will take place this June in Singapore. 

ASPI returns to 7000

?The price gains in counters such as Dialog Axiata, Ceylon Tobacco Company and Ceylon Beverage Holdings resulted in indices closing in green whilst turnover crossed Rs 1.1 Bn. High net worth...

Sagarica Delgoda heads new board of Hilton Hotel owning company

?The Finance Minister Ravi Karunanayake has appointed a brand new director board for Hotel Developers (Lanka) PLC, the owning company of Hilton Hotel that falls under the Finance Ministry purview.

Moody’s upgrades India rating outlook to positive

?REUTERS: Moody’s ratings revised India’s sovereign rating outlook to “positive” from “stable” yesterday as it expects the actions by policymakers will enhance the country’s economic strength in the medium term.

Shares ease in low-volume trade

?Reuters - Sri Lankan shares fell to a more-than-one-week low yesterday led by illiquid shares such as Ceylon Tobacco Company Plc and Commercial Leasing & Finance Plc in low-volume trade while many investors and brokers stayed away ahead of holidays, dealers said.

Mahen Madugalle appointed Kotagala Plantations CEO

Mahen Madugalle has been appointed the Chief Executive Officer of Kotagala Plantations with effect from April 1, 2015. His appointment comes in the wake of R.C. Peries

Pepe Jeans opens first store in Sri Lanka

?Pepe Jeans London, the iconic brand loved by discerning fashion enthusiasts worldwide for its effortlessly cool approach to style is set to open its first exclusive store in Colombo today at the 2nd floor of the new wing of Liberty Plaza.

Silvermill ready to make New Year delicious and wonderful

?Celebrating Avurudu this year just got a little easier and a whole lot tastier with Silvermill Real Coconut Milk! Prepare some of the most popular Avurudu recipes like mung guli, kokis, milk toffee...

Dilly’s Voyages: Avurudu Collection

?“Dilly’s established itself in 1987 as a women’s fashion retails store specializing in unique design pieces using fabric sourced from around the world.  Over the years...

Dialog revamps range of internet cards with additional data

?Sri Lanka’s premier connectivity provider, Dialog Axiata PLC, revamped its range of internet cards with additional data for everyone.  Starting from end March, users of Sri Lanka’s fastest 3.75G (HSPA +),

Odiris Engineering goes online for Avurudhu with Takas

?Kitchen appliance supplier Odiris Engineering announced recently that its range of products is now available on Takas.lk, the trusted name in e-commerce in Sri Lanka with currently the largest offering of electronics in the market.

LG’s innovative range of appliances - No.1 choice in Sri Lanka

?Abans flagship brand LG is the market leader for Air Conditioners and Refrigerators with a strong demand for other home appliances, IT equipment, and mobile phones. 

Cinnamon red Colombo emerges as Best Mid-Market New Hotel in South Asia

?Cinnamon red Colombo, part of the Cinnamon Hotels & Resorts chain, won the ‘Best New Hotel of the Year’ award in the ‘Mid-Market’ segment at the 11th Hotel Investment Conference - South Asia (HICSA) 2015, held on the 7th and 8th April in New Delhi.