JCT Oil Bank profits grew 113% last year, no need to privatize: Minister Ranatunga

Jaya Container Terminals Limited of Sri Lanka Ports Authority [JCT Oil Bank] has enhanced its profit in the previous year by 113 percent in relation to the year 2015, Minister of Ports and Shipping Arjuna Ranatunga said. 

War-torn Afghanistan sets up tourism ministry

AFP:  The president of war-torn Afghanistan is creating a tourism ministry in a bid to attract visitors to the country endowed with stunning landscapes and archaeological sites, but wracked by nearly four decades of conflict.

Sri Lanka joins Wings for Life World Run

Join Sri Lanka in the Wings for Life Organised App Run on May 7, 2017 and find a cure for spinal cord injury.

Avurudu vibes at Leo Burnett Sri Lanka

In keeping with the traditions of the national new year, the team at Leo Burnett Sri Lanka, the local office of the global advertising network Leo Burnett Worldwide celebrated the joy with the agency team and  their families. 

Asian markets chase record Wall St close on hopes for US stimulus

Asian markets built on a Wall Street rally yesterday as geopolitical fears gave way to fresh hopes for Donald Trump’s stimulus after his top finance man said a US tax reform plan would be released “very soon”.

iflix premieres The Good Place comedy

iflix, Southeast Asia’s leading subscription video on demand (SVoD) service, offering subscribers unlimited access to thousands of TV shows, movies and more, is thrilled to premiere the new hit comedy, The Good Place. All 13 episodes of the hilarious first season are now available to stream or download for in Sri Lanka, only on iflix.

Silver sponsors Foxhill Super Cross

The famous brand of Rainco (Pvt.) Ltd, Silver, has come forward as one of the main sponsors of Sri Lanka’s most popular motor and motorcycle racing event Foxhill  Super Cross Diyatalawa.  The Foxhill Super Cross, which is organised by Sri Lanka Army’s Military Academy for the 25th time, will be held at the Nariyakanda racing track  today.

BMICH holds Avurudu Bakmaha Ulela for employees

Inviting an auspicious start to the new year, the BMICH recently hosted an expansive and entertaining Bakmaha Ulela celebration featuring over 20 events, including the commonly popular fancy dress parade,

FITIS offers FAMOUS award for 7th time

The Federation Award for the Most Outstanding University Student (FAMOUS) award has been offered by the Federation of Information Technology Industry Sri Lanka (FITIS) at the Sri Lanka Institute of Information Technology (SLIIT) convocation held recently, at the SLIIT auditorium.

Sony nearly triples annual profit forecast

AFP: Sony yesterday nearly tripled its annual net profit forecast, citing lower-than-expected costs in its chip business and other divisions, including the PlayStation games business.

Fairway Waste Management on a Mission to Transform Colombo into a Waste-Free Clean City

In the aftermath of the recent unfortunate incident in Meethotamulla, the ‘Waste Free-Clean City project in Karadiyana, which has been awarded to Fairway Waste Management (PVT) Ltd, is a timely 

Slim Elects New President at 47th Annual General Meeting

The Sri Lanka Institute of Marketing (SLIM), the national body for marketing has elected Elangovan Karthik as its 39th president at the 47th AGM held on the 29th of March at the Kingsbury hotel, with a 

Hirdaramani tops the JASTECA awards list for the second year running

Hirdaramani repeated its sterling performance at the JASTECA Awards held recently, topping the awards list for the second consecutive year. Sustaining its previous year’s performance, Hirdaramani 

Nawaloka Hospitals renews partnership with National Insurance Trust Fund

Nawaloka Hospitals renewed their Memorandum of Understanding (MoU) with the National Insurance Trust Fund (NITF), which was signed in 2015 to provide a significant healthcare partnership to benefit Government employees. 

Fadna Diabe Tea Classic enters Lankan market

Fadna Diabe Tea Classic which was introduced by the Food and Nature Private Limited is now out in the market. 

Treating ear defects successfully through early diagnosis

Are you aware that whatever your age may be, you could fall victim to deafness. 

Astron wins Pharma Promoters Association silver jubilee quiz

Pharmaceutical manufacturing and marketing company, Astron Limited emerged as the champions at the 25th Pharma Promoters Association (PPA) quiz nite which was held on 10th March at Hotel Galadari, Colombo.  

‘MedExpo Jaffna 2017’ exhibition to be held in May

With the conclusion of decades-long war in the Northern region of Sri Lanka, healthcare in Jaffna and the Northern region has gone through several phases during the past three decades.

Durdans offers unique tissue healing and repair solutions for knee Osteoarthritis

Osteoarthritis, which causes pain and joint stiffness, impacts a significant proportion of the Sri Lankan population, and is a leading cause of disability mainly among women. 

Durdans pediatric dental experts provide accessible, specialized care for dental caries

Certain holidays are known for their sweet treats, and Avurudu is one of the biggest. Though the Avurudu Kama Mesayas with trays of delicious sweetmeats and other tasty treats are dearly loved, the damage they can cause to a smile is undeniable.   

Huawei unveils P10, P10 Plus smartphones in Sri Lanka

The Huawei P10 and Huawei P10 Plus smartphones were unveiled to the local market this week by Huawei together with its local distributor Singer Sri Lanka, at an event held at Waters Edge. Huawei Device Sri Lanka GTM Manager David Zukai said that the latest smartphones make every shot a cover shot.

Oracle Academy-VTA agreement to help students develop IT careers

Building on Oracle’s commitment to expanding its support of education globally, Oracle Academy and the Vocational Training Authority (VTA) of Sri Lanka have signed an agreement to integrate Oracle Academy’s programmes into 35 VTA’s training centres located islandwide supporting over 10,000 students on the pathway to future  IT careers.

SLT invests in boosting customers’ social media experience

Equipped with in-house caching solutions for top global social networks, Sri Lanka Telecom has clearly secured a key investment for the national Internet infrastructure and all social media lovers – a distinct value addition when it comes to the improvement of quality for SLT broadband users who go online with their family and friends.

Changing the world with smart use of technology

Digital transformation is a super buzzword that’s thrown around so much that everyone is an expert, with a spiel that will convince any novice that it’s the next best thing after the smartphone. But dig a little deeper and it all goes vague due to the extent of what it encompasses. We’re in the fourth industrial revolution after all, so narrowing it down to what it means to a company—with its own unique operational model&m

Sri Lankan solid waste management theory and tragedy of commons

The tragedy of the garbage collapse in Meethotamulla has unravelled several protests around the country, which undoubtedly pinpoints the seriousness of the garbage management problem at hand. 

Emergence of South Asia as fastest growing region is a major inflexion point in its development stor

The Times of India: This is something that very few would have believed a few decades back. According to the World Bank study, Globalization Backlash, released last week, South Asia remains the fastest growing region in the world mainly due to the performance of the nations in the east, especially Bhutan, Bangladesh and India. 

Sri Lanka battles labour shortage amid massive building boom

AFP: Cheap Sri Lankan labour has built skyscrapers and condos across the Gulf for decades but now contractors at home are desperate for workers as the island nation experiences an unprecedented construction boom.

ComBank rewrites ATM withdrawal records

A record Rs 23.9 billion in cash flowed out of the automated teller machines (ATMs) of the Commercial Bank of Ceylon in the first 14 days of April as Sri Lanka’s largest private bank facilitated the celebration of the Avurudu season in characteristic style.

BOC offers Swashakthi loans to empower Lankan entrepreneurs

In response to the government initiative to generate 10 million employment opportunities, Bank of Ceylon officially disbursed ‘Swashakthi’ loans through its branch network recently. 

HNB Gami Pubuduwa Avurudu Pola a resounding success

The Gami Pubuduwa Avurudu Pola, the annual SME-focused trade fair organized by Sri Lanka’s premier private sector bank, Hatton National Bank PLC (HNB), was concluded with resounding success as over 100 micro entrepreneurs from across the island converged on the BMICH in Colombo.