Shangri-La says being first had its complexities

The Shangri-La Colombo is the trial and error project for the entire mixed development industry in Sri Lanka, which caused some delays in its construction, an official said.

Le Pen win is Europe’s biggest risk: Credit Suisse

AFP: France’s Marine Le Pen is the biggest risk to European stability, Credit Suisse said in a guide launched yesterday to help investors navigate the upcoming “defining” months facing the continent.

SLPA records Rs.11bn operating profit for 2016: minister

Sri Lanka Ports Authority (SLPA) has made an operating profit of Rs.11 billion for the year 2016, up 83 percent from a year ago, on the back of revenue of Rs.44 billion, a Ports and Shipping Ministry statement said. 

Shares fall for third straight session; John Keells down

REUTERS: Sri Lankan shares fell for a third straight session yesterday, posting their lowest close in a month, dragged down by diversified stocks such as John Keells Holdings Plc as investor sentiment continued to remain low on concerns about rising interest rates.

Rupee ends firmer amid moral suasion

REUTERS: The Sri Lankan rupee ended slightly firmer yesterday as a state bank sold dollars amid moral suasion by the Central Bank after the local currency fell on importer greenback demand, dealers said.

Govt. mulls introducing military grade filter to fight CKDu

Sri Lankans with poor access to clean drinking water will be able to use British military grade ‘Lifesaver’ water filters for an affordable price in the near future to convert polluted water available in their community to clean water, Sri Lanka’s Finance Minister said yesterday.

Assidua Technologies celebrates 5th anniversary

Sri Lanka’s pioneer power solution company Assidua Technologies (Pvt.) Ltd celebrates its fifth anniversary with grander and brilliance with overwhelming compliments from its large clientele islandwide.

Hela Clothing to invigorate apparel industry with Microsoft

Hela Clothing, a leading apparel manufacturer, partnering with Microsoft recently embraced digital transformation to revitalize the apparel industry. 

Lucky Kottawa Factory wins National Quality Award

Lucky Kottawa Factory, dedicated to manufacture high-quality tea, was recognized with the Quality Award under the Manufacturing - Small category at the National Quality Award ceremony organised by the Science and Technology Ministry.

Metropolitan launches Canon cloud-enabled smart printers

Metropolitan Office (Pvt.) Ltd, together with Canon, the world leader in imaging and printing products, launched the innovative inkjet printing solutions, expanding its portfolio for corporate and small office users. 

IAC enhances Britex paints and coatings brand

Industrial Asphalts (Ceylon) PLC (IAC), a leading company well reputed for its bitumen-based products and a wide range of paints and coatings owning many prestigious brands, has undertaken to reinvigorate one of its main brands, Britex, the premier full range of colour anti-corrosive and general-purpose metal coatings, trusted by generations for more than 50 years of continuous presence in the market. 

Canagey appointed CEO/MD of ICTA for second term

The Information and Communication Technology Agency (ICTA) of Sri Lanka has appointed Muhunthan Canagey as CEO & Managing Director for a second term. 

Sri Lankan think tanks in global Think Tank Index 2016

Few Sri Lankan think tanks have been rated in global rankings in a recent research report published by University of Pennsylvania under a study on Think Tanks and Civil Society Programmes (TTCSP). 

New Zealand Minister visits Ceylon Chamber and Colombo Tea Auction

David Bennett, New Zealand’s Minister of Food Safety and Veteran Affairs, who was in Sri Lanka on a three-day visit along with a business delegation visited the Ceylon Chamber of Commerce this week. 

Standard Chartered to sponsor FA’s Sri Lanka Investment Summit

Standard Chartered is once more the international lead sponsor of Finance Asia’s Sri Lanka Investment Summit – the second edition. 

Oman Air agreed new partnership with DHL Express

Oman Air, the national carrier of the sultanate of Oman, is excited to announce a new partnership with DHL Express, a division of the German logistics company Deutsche Post DHL.

A book launch where silence reigned.

“Turn you attention inward. Become aware of your posture, how you sit on the chair. Notice all your body sensations, notice any tensions that may be present, gently relax those places

Blue Mountain Group reinforces its commitment to the planet with new national reforestation project

The Blue Mountain Group (BMG) recently reiterated its commitment to protecting the planet and spearheading national reforestation efforts by initiatingthe ‘Transforming Sri Lanka towards

The Hilton Colombo Announces Sri Lanka’s Trendiest Wedding exhibition – ‘Hilton Wedding Expo 2017’ O

‘HILTON WEDDING EXPO2017’ will be a 2-day exhibition showcasing over 30 of Sri Lanka’s best and most respected wedding suppliers and wedding planners in the country

Shangri-La opens luxury paradise apartments for viewing

Colombo’s once static skyline is now in the midst of a vast transformational process and at the forefront of this immense development is Shangri-La, Asia Pacific’s leading luxury hotel, 

ART CONNECT by Colombo Fashion Week creates a unique creative expression

In its 14thyear since inception, under the theme 'Celebrate Colombo', the premier HSBC Colombo Fashion Week includes a new initiative and a project where Fashion meets Art

Kanrich Finance launches ‘Kanrich Thaksalava’ their latest CSR Initiative for students

Kanrich Finance has always been in the forefront as a pioneer financial institute and has always come forward very generously to reach out and lend a helping hand to the bettermen

IAC reinvigorates its Britex paints and coatings brand

Industrial Asphalts (Ceylon) PLC (IAC), a leading company well reputed for its bitumen based products and a wide range of paints and coatings owning many prestigious brands,

HNB partners Roy-Tho Big Match 2017 as Official Banking Partner

Sri Lanka’s premier private commercial bank, HNB PLC came forward to serve as Official Banker to the country’s blue ribbon cricket encounter, 138th Battle of the Blues,

Winners of Speculo 2017 Art Exhibition Felicitated by Sri Lankan Airlines

Hosted by national carrier SriLankan Airlines, the Speculo 2017 Award Ceremony took place on 4th March 2017 at Ramada Colombo. The all-island art competition winners were presented

Jaguar F-Pace Among Finalists For Two World Car Awards Trophies

The Jaguar F-PACE is among the finalists for the World Car of the Year and World Car Design of the Year crowns at the 2017 World Car Awards.

Jaguar Land Rover And Getty Images Create A More Realistic Portrayal Of Women In Engineering

Jaguar Land Rover and Getty Images have announced a partnership on International Women’s Dayto highlight the need for a more realistic visual representation of female engineers.

EYA Social Hackathon

14 Social Innovations: Digital Creatives prove their talent at the EYA Social Hackathon in Salzburg – “Get the job” selected as best app 

A Royal fall-out?

Sri Lanka’s stock market was all abuzz yesterday with the unexpected news of leading corporate figure Nimal Perera resigning from the director boards of the companies controlled by the business magnate Dhammika Perera amid speculation of a massive fall-out between the duo.

Operations of 3 brokers curtailed over capital woes

Three stockbrokers operating at the Colombo Stock Exchange (CSE) have failed to fulfil the newly introduced risk-based capital requirements and as a result, their operations have been curtailed, Mirror Business learns. The CSE officials said the purchasing operations of the three stockbrokers have been suspended until they bridge the gap in their capital adequacy levels.