Siddhalepa Group reaches 100,000 mark in waste management programme

The Siddhalepa Group’s green initiatives reached a new dimension recently when the company issued 100,000th waste bin donation to a temple in a remote part of the country. 

Harpic partners City Planning Ministry to improve access to sanitation

Harpic, in collaboration with the Ministry of City Planning & Water Supply, will install toilets in 100 homes across the island this year, under a new program that aims to improve access to sanitation facilities throughout Sri Lanka. 

Electricity price hike imminent as costs escalate

Sri Lanka’s electricity consumers are likely to be in for a rude shock again as another round of price increase is expected anytime soon amid shortages in generation capacity and increasing transmission and distribution costs, according to a leading energy sector expert in the country.

Top lube operator calls for strict laws to eliminate unethical practices

Sri Lanka’s lubricant market has become messy due to a large number of unlicensed players acting on rules unto themselves due to lax regulations and their activities have caused losses to the government, licensed operators and consumers at large, the country’s top lube operator said.   

EU blocks LSE-Deutsche Boerse merger amid Brexit jitters

AFP: The EU blocked the blockbuster merger of the London Stock Exchange (LSE) with Germany’s Deutsche Boerse yesterday, snagged by competition concerns and the fallout from Brexit.

CEB awaits ministerial decision to sell solar plants at subsidized rates

Ministerial level discussions are currently underway to decide on subsidized terms of sale of rooftop solar PV plants through the state-owned Ceylon Electricity Board (CEB), an official said yesterday.

Shares rise for second day on foreign buying

REUTERS: Sri Lankan shares rose for a second straight session yesterday, posting their highest close in nearly one week, helped by foreign investor buying and quarter-end window dressing, stockbrokers said. The Colombo stock index closed 0.61 percent firmer at 6,021.54, its highest close since March 21. 

Four airlines show interest in SriLankan, but not convincing, says Hashim

The national carrier, SriLankan Airlines, which has been experiencing massive turbulences lately, has attracted interest from two international airlines and two regional airlines, a top minister in the coalition government said. 

Rupee ends higher on exporter dollar sales

REUTERS: The Sri Lankan rupee ended firmer yesterday, helped by exporter dollar sales and inward remittances but importer demand for the greenback from a state bank weighed on the sentiment, dealers said.

Wallspan envisions transforming Colombo into a garden city

The beautiful green landscape which soothed our eyes and refreshed our souls as we walked through the city streets back in the good old days is disappearing at a rapid speed due to accelerated 

DFCC Bank’s ‘Avurudu Hat Trick’ campaign offers season’s best rewards

Keeping with the spirit of the Avurudu season, DFCC Bank is pleased to introduce the ‘Avurudu Hat Trick’ campaign, which offers families the opportunity to receive three kinds of benefits including gifts, gift certificates and special interest rates for fixed deposits, with the objective of making the upcoming Avurudu festival season a special one.

LB Finance launches ‘LB Gift Store’ for FD, savings customers

LB Finance launched an innovative finance product recently by introducing LB Gift Store, in partnership with Mydeal.lk, Ltd, a pioneer in the Sri Lankan e-commerce industry.

Businesses must agitate for early implementation of trade facilitation reforms

If trade is the engine of Sri Lanka’s new economic growth model, then trade facilitation is the essential lubricant to make that engine run smoother and better in order to speed up.

Invo Lanka appointed exclusive dealer for Remer Faucet and Minutery range

Elevating bathroom designs with style and practicality offering an exciting, trend-setting Faucet and Minutery range, Remer Rubinetterie Spa has named Invo Lanka International (Pvt) Ltd., as the exclusive local agent for its family of products.

McLarens Group goes to Cloud with Microsoft Azure

Michelle Simmons, General Manager-Southeast Asia New Markets, Microsoft Asia Pacific met with Kalum Katipearachchi-Group Finance Director, and the group IT heads of McLarens Holdings Limited during a recent visit to Sri Lanka. 

DSI opens biggest footwear factory sales outlet at Nawinna

The town of Nawinna has become the home of the largest footwear factory sales outlet in the country. 

The radical future of architecture

Architecture is a shapeshifter; reacting to the rapidly changing needs and preferences of the society in which it operates. 

Dialog hosts 4th edition of #ngage meetup

On March 22, Dialog hosted its 4th edition of its #ngage meetup at the Dialog headquarters down Union Place. 

Keells Super partners with IPHT to improve mango supply and value chain

The Institute of Post Harvest Technology (IPHT) of the Ministry of Agriculture recently launched a program aimed at improving the supply and value chain activities of commercially grown mangoes in Sri Lanka. 

India’s largest décor mall launched in Bangalore

Global Living Emporio,  India’s largest international décor mall was recently launched at Hosur Road, Bangalore recently.

Aviva eyes sale of Friends Provident for US $ 500-US $ 700mn

REUTERS: Aviva PLC is exploring a sale of its Friends Provident International unit, which offers life assurance and investment products, in a deal that could raise between US $ 500 million and US $ 700 million, a source with direct knowledge of the matter said.

Ceylon Oxygen becomes Sri Lanka’s first to receive updated ISO certification

Ceylon Oxygen Limited (COL), a member of The Linde Group, has become the first Sri Lankan company in the medical and industrial gases industry to receive the updated version of the ISO 9001:2015 certification for the manufacture, distribution and retail of medical, food and industrial grade liquid oxygen, liquid nitrogen and liquid argon. 

Wallspan envision transforming Colombo into garden city

The beautiful green landscape which soothed our eyes and refreshed our souls as we walked through the city streets back in the good old days is disappearing at a rapid speed due to accelerated urbanising in our city. 

Pan Audio conducts technology workshop on mission critical datacenter infrastructure components

A technology workshop themed ‘Standardize your data center’ was recently conducted by Pan Audio (Pvt) Ltd with a host of partners, covering mission critical datacenter infrastructure components.

MTI’s success with USA’s Limoneira to be published in London

The strategy-critical project carried out by MTI Consulting for Limoneira, the Nasdaq listed and USA’s largest lemon producer, is to be published as a case study in an upcoming publication by Routledge of London in a book titled ‘Management Consultancy Insights and Real Consultancy Projects’. 

Zesta brews hot ‘Ceylon Cuppa’ for Shangri-La with Connoisseur Collection

Steeped in the art of tea, Zesta, Watawala Tea Ceylon’s flagship, award winning brand is creating delicious experiences for guests of the high end hospitality chain, Shangri La – across all their properties, worldwide. 

Taktikbook to revolutionize e-ticketing game

The past few months has seen a new player enter and revolutionize the e-ticketing game.  Taktikbook.lk has taken the online entertainment community by storm, racing to over 130,000 facebook likes in just over three months, and in the process overtaking long established Sri Lankan portals social media related portals.

HNB launches card promo for Avurudu season

Just in time for the annual Sinhala and Tamil New Year celebrations, Sri Lanka’s premier private sector commercial bank, Hatton National Bank PLC (HNB), announced a new promotion in time for Avurudu for all its cardholders. 

Chevron Lubricants completes 15 years devoid of work place injury extending safety record

Chevron Lubricants Lanka PLC successfully completed 15 years of zero days away from work across the entire operation that includes the base oil tank farm, laboratory, manufacturing, warehousing and distribution operation. This achievement is a testimony to the company’s world class safety culture that fosters the value of safety and well-being of its employees through awareness on safe work practices.

Blue Mountain unveils country’s first automated real estate chat agent

Blue Mountain, Sri Lanka’s leading real estate solutions group, has launched Sri Lanka’s first real estate automated chat agent ‘Property-bot’ on Facebook to channel the increasing property inquiries on their Facebook page.