Guam tourism sees silver lining in North Korean threats

AFP:  Tourism-dependent Guam is looking to cash in on its new-found fame as a North Korean missile target, tapping an unlikely promotional opportunity to attract visitors to the idyllic island and prove that all publicity is good publicity.

Toni&Guy officially launched in Colombo

The official launch of the celebrated brand Toni&Guy, the world-renowned hairdressing brand in Colombo, took place recently with the participation of International Artistic Director and Educational Director for Japan and Southern Hemisphere Bill Watson and Artistic Director from the Toni&Guy Academy in London Stuart Matuska

Rupee holds steady as dollar demand offsets supply

REUTERS: The Sri Lankan rupee traded steady yesterday as banks and exporters sold the dollar, offseting mild importer demand for the U.S. currency, dealers said. 

Markets slide, dollar slumps as North Korea fears spike

AFP: Asian equities extended heavy losses yesterday as a worldwide sell-off triggered by US President Donald Trump doubling down on his North Korea rhetoric showed no sign of abating.  European markets also slid in early trade after Wall Street indices suffered their biggest losses in nearly three months Thursday, while the dollar struggled to recover from eight-week lows below 109 yen as investors fled to safe haven assets.

Dreamron introduces SLES-free shampoo

People around the world prefer the use of shampoo over soap because of a number of reasons.  Most of them use it to because it clears away any foreign residue, some of them because it gives a good smell or some people use them as treatments for the scalp or hair. 

Proparco grants Euro 20 mn loan to DFCC Bank to promote alternate energy projects, SME sector

Reaffirming its credentials as a preferred partner for international credit lines, DFCC Bank has been granted a long term loan of €20 million by Proparco, a subsidiary of Agence Française de Développement (AFD). 

Families demand Malaysia accept MH370 hunt offer

AFP: Relatives of passengers aboard missing flight MH370 yesterday demanded Malaysia accept a US exploration firm’s offer to take up the hunt for the aircraft, which was suspended earlier this year. No trace of the Malaysia Airlines plane, which disappeared in March 2014 with 239 people on board, was found during a lengthy deep sea hunt in the southern Indian Ocean off western Australia, with the search called off in January.

India says economy could slow down

AFP:  India’s economy is at risk of slowing down in the current fiscal year, the government said in a mid-year economic survey yesterday.

The Outlet Store rolls out summer shopping week spree

The Outlet Store, Sri Lanka’s latest addition to the fastest growing retail fashion sector, which opened its doors for an exclusive family shopping experience, rolled out a fabulous shopping week spree this summer with discounts up to 25 percent on the total bill value. 

Build SL 2017 expo

Build SL 2017 – premier housing and construction expo, a must see for all house builders, persons engaged in construction industry related work opened at the BMICH yesterday. Large crowds gathered to witness the expo on the opening day.   

China probes social media platforms for ‘obscenity’

AFP: China has launched probes into three of its largest social networking platforms over the suspected dissemination of violence and obscenity- the latest move aimed at sanitising the country’s increasingly closed-off internet.

Billion rupee startup, PAYable,draws in major investment, gears for accelerated growth

Building on the success of its growing network of merchants and customers, Sri Lanka’s fast-growing startup, PAYable, announced the successful completion of a round of funding that will set the pace for 

New design ensemble launched at Fashion Bug Wellawatte

Four trendy fashionable collections for ladies were launched by Fashion Bug at their latest outlet in Wellawatte recently. The brands which were showcased were; Nellrose, Aya, Amani and Miss-Me

Proparco (AFD Group) grants €20 million loan to DFCC Bank to promote alternate energy projects and t

Reaffirming its credentials as a preferred partner for international credit lines, DFCC Bank has been granted a long term loan of €20 million by Proparco, a subsidiary of Agence Française de 

Ron Kaufman in Sri Lanka – An Unprecedented Success

The SLIM, national body for marketing in Sri Lanka, notched yet another highly successful delivery of its mandate of creating opportunities to receive global knowledge and competencies to the Sri Lankan

DFCC Bank’s ‘Vardhana Junior’ launches valuable Grade 5 scholarship scheme

DFCC Bank’s newly re-launched, ‘Vardhana Junior’ with a scholarship scheme for the benefit of Grade 5 students sitting the all-important scholarship examination in 2017. The scheme rewards 

JKOA launches SAP Hybris Cloud for Service: a revolutionary customer support service

Leading office automation solutions provider John Keells Office Automation (JKOA) launched the SAP Hybris Cloud for Service customer support module on 6th August at its Colombo headquarters

ThreadSol concludes first edition of Apparel Tech Up Sri Lanka

After Apparel Tech Up in Bangladesh, India, Vietnam and Indonesia, ThreadSol hosted the first edition of Apparel Tech Up for the Sri Lankan apparel industry on 20th July 2017 at Cinnamon Grand, 

Janashakthi Bags Inter-Insurance Company Cricket Title

Team Janashakthi Insurance PLC emerged champions at the “Hema Wijeratne” Challenge Trophy 2017 held at the Colombo Colts Cricket Ground recently. 19 teams, including a joint team from the

Oasis Hospital Colombo – a resource for healthcare with a conscience

Restructuring and refurbishing to provide economical and compassionate care has begun at the Oasis under its new management. In the coming months, the entire facility would provide improved 

Two young professionals from Leo Burnett Sri Lanka selected to join The Leaders Studio by Publicis G

Wasim Akram and Rinesh Jayarathne, two dynamic young professionals from Leo Burnett Sri Lanka, were recently selected to join The Leaders Studio, a programme created by the Publicis Groupe,

IASL Announces the Approach Of NAFLIA

The Insurance Association of Sri Lanka (IASL ) has announced that the annual National Forum for Life Insurance Advisors (NAFLIA) will be held on the 17th of August 2017 at the BMICH.

Cream of Kapiti Cheese touches Sri Lankan shores

Sri Lankan connoisseurs can now indulge in one of the world’s top gourmet cheese ranges that’s a cut above the rest.

Dialog June profits edge up amid higher taxes, slowdown in consumer spending

According to the recently released interim financial accounts of Dialog Axiata PLC, the top and bottom lines of the country’s leading mobile telephony services provider appear to have felt the pinch of the current slowdown in consumer spending.

Caltex rewards winners of ‘Car and Bike Chase’ winners

The fourth lucky set of ‘Caltex Star Drive – Car and Bike Chase’ winners received their brand-new Bajaj Discover 125cc motorcycles plus a year’s worth of free engine oil at an event held at the Chevron House in Colombo 3 recently.

HDFC launches exclusive banking centre at Hyde Park Corner branch

The HDFC Bank opened a dedicated service centre for loans at the bank’s Hyde Park Corner branch premises. The bank expects to provide a customized service for its customer at this center. 

Transforming cities with land value capture

?Rising urban population growth and private vehicle ownership are making Asian cities unlivable. City dwellers lose precious time in traffic jams, where they also suffer the negative health impact of deadly air pollution.

Printcare to invest Rs.750mn in state-of-the-art label printing technology

Top packaging exporter and pioneer in Sri Lanka’s tea packaging sector, Printcare PLC, is to invest Rs.750 million in new label printing technology hitherto unavailable in Sri Lanka, the company said. “We have a history of innovation and a track record of introducing new technologies. These investments follow our rich history of knowing where the curve is going and staying ahead of it,” Printcare PLC General Manager Krishna Ravi

Solahart offers total hot water solutions in Sri Lanka

Solahart Australia together with Alpha Thermal Systems (Pvt) Ltd., the sole distributor for Solahart  domestic and commercial  hot water systems in Sri Lanka held an educational seminar  at Jetwing Colombo 7 recently. 

BoardPAC renews ISO 27001 information security certification for third year

BoardPAC, the Sri Lanka developed software solution that enables paperless board and senior management committee meetings has announced the renewal of its 1SO/IEC 27001:2013 information security certification for the third consecutive year since 2014.