Mobitel’s Cash Bonanza Season 2 winner drives away with a brand new Montero

The National Mobile Service Provider, Mobitel recently presented the 10th grand prize of a brand new Montero as a part of its year-round Cash Bonanza

CAMMS wins gold at NBQSA 2017

Global Enterprise Performance Management (EPM) software vendor, CAMMS – a world leader in planning and strategy, project

Universal Online Payment Portal payeasy.lk Now Bigger and Better

In today’s fast-paced world, most of us have hectic schedules with little or no time to even run simple errands like purchasing groceries or paying bills

Etihad Airways Start Of Grand Prix With Spectacular A380 Fly-Past

Abu Dhabi, United Arab Emirates – Etihad Airways, the national airline of the UAE, once again marked the start of the Formula 1 

Ganemulla flyover construction nearing completion

Access Engineering PLC is nearing the completion of the construction work of Ganemulla flyover, a much needed solution for heavy traffic at Ganemulla railway crossing.

Landmark introduces ‘nano house’ to Sri Lanka

The concept of a ‘nano house’ was first introduced in Switzerland, and was named the world’s smallest sustainable house.

Roofing.lk opens first showroom at Malambe

Roofing.lk, a subsidiary of Rhino Roofing Products Ltd. and a popular one-stop-shop for roofing accessory needs, recently announced the launch of its inaugural showroom ‘Roofing.lk’ at Malambe. 

Ekroma provides boutique apartment lifestyle experience with Elegant 16

A BOI-approved real estate and development company, Ekroma Realtors, hopes to encourage a lifestyle that exudes style, elegance and comfort with their inaugural boutique-style residential apartment project, Elegant 16. 

Leema Creations wins SAARC award for Excellence in Interior Design

Leema Creations Pvt Ltd, one of the leading total interior solutions providers and furniture manufacturers in Sri Lanka was conferred the Brand Excellence in Interior Decorators and Designers Award for the SAARC region at the South Asian Partnership Summit and Business Awards Ceremony held recently at Le Meridian Hotel, Dhaka, Bangladesh. 

Millennium Housing records Rs.169 mn first half profit

Millennium Housing Developers PLC (MHDL), Sri Lanka’s leading township developer, announced their outstanding financial performance for the H1 ending 30th September 2017 posting all-time high H1 revenue of Rs.1378.25 million with a PAT of Rs.168.89 million. 

Orion City Towers open for bookings

The Orion City Towers complex is now open for bookings. Custom designed to suit the dreams and needs of a modern business and the first of its kind in Sri Lanka, the building is part of the master plan of the Orion City IT Park- Sri Lanka’s largest one-stop hub for innovation and collaboration.

Sustainable oil palm central to Sri Lanka’s plantation industry success

Collectively the global palm oil market’s value is projected to expand continually from US$ 65.7 billion up to US$ 92.8 billion by the year 2021. 

Changing int’l trade dynamics of Sri Lanka

Sri Lanka’s trading pattern has been such that the two largest markets for its exports are the United States of America (USA) and United Kingdom (UK). Regionally, Europe is the single largest market for Sri Lanka’s exports.

Shakti solar pumps enter Sri Lankan market

One of the most revolutionary eco-friendly products which has already marked its presence globally, Shakti solar water pumps were introduced to the Sri Lankan market recently.

October tea output up 36% on good weather

REUTERS:  Sri Lanka’s tea output jumped 36.2 percent due to good weather in October and a lower base last year, the state-run Tea Board said recently.

SriLankan special sales promo at WTC

SriLankan Airlines Colombo sales team recently conducted a special Melbourne promotion at the World Trade Center offering customers an interactive promotion with giveaway tickets to lucky winners.

Emirates brings step change in 3D printing for aircraft parts

Emirates has announced that it has used cutting-edge 3D printing technology to manufacture components for its aircraft cabins.

Etihad Airways Swiss flights become all Boeing 787 Dreamliner Services

Etihad Airways’ flights to and from Switzerland will become an all-Boeing 787 Dreamliner operation with the aircraft being deployed on the Abu Dhabi – Geneva route, effective March 25th 2018.

Over 80% tax revenue collected from ordinary people via indirect taxes: Mangala

Finance and Mass Media Minister Mangala Samaraweera told a recent meeting that he was dismayed when he was told that 82 percent of the total tax revenue collected was in the way of indirect taxes, and was borne by ordinary citizens of the country.

Mangala’s plan to extend fishing rods to people instead of fish could backfire: academic

The government’s attempts to extend fishing rods to Sri Lankans instead of fish to relieve their hunger will be sorely tested due to the upcoming elections and the dependent mentality of locals, senior academics said recently.

ADB, Deutsche Bank enter deal supporting Sri Lankan SMEs

The Asian Development Bank (ADB) and Deutsche Bank AG announced an agreement to enter into a Supply Chain Finance (SCF) transaction under ADB’s Supply Chain Finance Programme (SCFP).  The SCF will provide over US $ 200 million in annual financing to small and medium-sized enterprises (SMEs) across developing Asia.

Central Bank establishes department to implement new foreign exchange law

The Central Bank of Sri Lanka has established a new department to implement the new foreign exchange law.

Sri Lanka’s FTA hype likened to treating one’s neck for stiff ankle

At a time when calls for more Free Trade Agreements (FTAs) are echoing from all corners, a recent study by a top academic says that bilateral trade pacts are not the answer for the country’s ailing exports, and attempts towards such is a waste of time and resources for nothing in return. 

Danish pump giant sees plenty of business opportunity in Sri Lanka

The Danish pump giant, Grundfos, which has been in Sri Lanka for a quarter-century, sees ample opportunity in the island nation as the demand for water across drinking, agriculture and industrial use, is on the rise.

John Keells X Open Innovation Challenge winners enter 6-month accelerator programme

John Keells Holdings PLC (JKH) announced the six winners of its second John Keells X (JKX) Open Innovation Challenge at a Pitch Day recently. 

John Keells X Open Innovation Challenge

John Keells Holdings PLC announced the six winners of its second John Keells X Open Innovation  Challenge at  a Pitch Day recently

DFCC Bank secures USD 30 million in funding from BlueOrchard

DFCC Bank recently secured USD 30 million in funding from BlueOrchard, a leading global impact investment manager, following an agreement signed

Sounds of Christmas by Cotton Collection

The 24th of November saw the grand launch of Cotton Collection Christmas 10 campaign ‘Sounds of Christmas’ at their flagship store at No.143 Dharmapala Mawatha, 

Vallibel Finance pre-tax profits grow 38% to Rs. 807 mn

Vallibel Finance PLC returned its customary impressive half-year report card with exceptional growth in all key indicators, including Interest income exceeding Rs.2.9 billion and assets surpassing Rs.32.7 billion. 

Taiwan 3Q economic growth highest in over two years

AFP:  Taiwan’s economy grew 3.1 percent in the July-September period to a ten-quarter high thanks to robust overseas demand for consumer electronics products, the government said yesterday.