Sri Lanka Tourism participates in New York Times Travel Show

Sri Lanka Tourism showed it’s a holiday destination worth visiting by showcasing its local splendour at the New York Times Travel Show, which is the largest consumer and trade travel event in North America.  

Anantara Peace Haven Tangalle wins multiple TripAdvisor Travellers’ Choice awards

Anantara Peace Haven Tangalle Resort is celebrating a haul of TripAdvisor Travellers’ Choice awards after being recognised in four different categories. 

Oman Air Catering Services division looks back at impressive 2016

Oman Air Catering Services has posted positive results for 2016 despite volatile market conditions. Being awarded a new contract for British Airways to supply inflight catering to their London flights, at the end of last year, for an initial period of three and a half years, is just one among them. 

Waters Edge breaks ground for mega entertainment centre project

Situated on the outskirts of Colombo and surrounded by the tranquil waters of the Diyawanna, Waters Edge Battaramulla is known globally for its breathtaking views and plethora of restaurants that serve up gourmet cooking from around the world. It is also a preferred choice for those who desire 

Medical Aid to Sri Lanka-Inner Wheel Club donate ventilator to Castle Street Hospital

A much-needed neonatal ventilator (Newport brand) worth Rs.2.5 million was donated to the Castle Street Hospital for Women by the UK Association for Medical Aid to Sri Lanka, in collaboration with the Inner Wheel Club of Colombo West, recently, at the Castle Street Hospital for Women. 

Ceylinco Life’s latest Pranama scholarships take total payout to Rs.120mn

Ceylinco Life’s investment in the future leaders of Sri Lanka surpassed Rs.120 million when the life insurance leader disbursed another 160 scholarships to high-achieving students and young people at the company’s 16th Pranama scholarships presentation.

New Philip Hospitals brings smiles to children

New Philip Hospitals Kalutara, one of the country’s leading institutions in the healthcare business, recognized the children of the employees by distributing school books recently.

FinMin wants more SL-oriented monetary policy from CB

More ‘Sri Lankan-oriented’ monetary policy will be hitting the markets soon since Central Bank Governor Dr. Indrajit Coomaraswamy is now speaking the same language as he is, Finance Minister Ravi Karunanayake claimed yesterday.

SL sees balance of payments under pressure amid foreign outflows

REUTERS: Sri Lanka could face balance-of-payments pressure due to foreign outflows from government securities, a government document showed yesterday, even as the island nation is in the process of raising up to US$2.5 billion from foreign borrowing.

Tough December quarter for Softlogic as costs rise, business slows down

Diversified conglomerate, Softlogic Holdings PLC (SHL), continued to face headwinds from both within and outside as its October – December quarter performance was dented by weaker performance of its key business segments, the interim financial accounts of the company showed. 

Lion Brewery 3Q profit hit by factory closure, higher taxes

Lion Brewery Ceylon PLC saw its performance for the December (3Q17) quarter as well as for the nine months being hit by a series of factors— both natural and manmade, but the management forecasted for better days ahead for Sri Lanka’s largest brewer. 

J.L.Morison to invest US $ 13.5mn in new pharma research, manufacturing plant

J.L. Morison Son & Jones (Ceylon) PLC, the pharmaceutical manufacturing and marketing arm of diversified Hemas group said, it is investing US $ .13.5 million or over Rs.2 billion in constructing a new pharmaceutical manufacturing plant.

Google Loon likely to float away from Sri Lanka

The much-touted Google Loon project is likely to slip away from Sri Lanka due to legal snags stemming from spectrum allocation, a concerned Telecommunication and Digital Infrastructure Minister said.

Amãna Takaful PLC launches ‘Rhoda Uda Viplavaya’ insurance scheme in the Central and North Central P

ATL (Amãna Takaful PLC) proudly showcased their latest revolutionary insurance schemes, ‘Smart Rider Cover’ - a compelling insurance scheme for motor bikes and ‘Tuk Tuk Full’

Signature Stylish Marketer’ by University of Kelaniya takes world of fashion by storm

As the preferred youth brand for men’s fashion, Signature has embarked on a new venture in collaboration with the Marketing Division of the University of Kelaniya 

UPS partners with The Coffee Bean & Tea Leaf to launch country’s first ever retail UPS outlet

United Parcel Services (Pvt) Ltd.,(UPS) -Sri Lanka recently joined hands with The Coffee Bean & Tea Leaf, paving the way to the launch of the country’s first ever UPS retail outlet.

Kelani Cables wins National Quality Award for second time

Kelani Cables PLC that produces the number one secure electrical and communication cable in Sri Lanka was conferred with the National Quality Award for the second time.

Sponsorship for CIO Forum

Thilak Godamanna – Chairman Ninehearts group (center) exchange the MOU with Wasantha Weerakoon – Chairman Federation of Information Technology Industry Sri Lanka (extreme left) and Prabath Wickramaratne, Vice President of Computer Society of Sri Lankafor sponsor the 4th CIO Forum on Information Management to be held on March 1  

Caterpillar confers UTE with Silver Service Excellence certification

Caterpillar (CAT), the world’s leading manufacturer of construction equipment, recently conferred United Tractor & Equipment (Pvt.) Ltd (UTE), Sri Lanka’s leader in engineering solutions, 

NMK Group donates medical equipment to LRH for 35th anniversary

The social responsibility of NMK Group of Companies is to make a significant contribution towards building a strong and healthy nation. To achieve this objective, Marina has introduced to the market a wide range of safe and hygienic food products which ensures physical well-being, the company’s Chairman Manjula Narayana said.

Oxygen quality of surgical, medical procedures highly important: Gas World

Oxygen given during surgery remains a key factor to be considered in the hospital sector. When it comes to quality levels of the oxygen given for surgery, compromising on standards can threaten lives considerably, according to industry experts.

UAE-based Oxford Elevators launches operations in Sri Lanka

With the significant growth in real estate and commercial infrastructure and the increasing need for alternative cost-saving economical maintenance options, Oxford Elevators Company

Coca-Cola’s top achievers shine at National Sales Conference

Under the theme “Be the Best”, Coca-Cola Beverages Sri Lanka Ltd. recently hosted its annual National Sales Conference for 2017. The event took place at Stein Studios in Ratmalana 

Oman Air Catering Services Division Looks Back at an Impressive 2016

Oman Air Catering Services has posted positive results for 2016 despite volatile market conditions. Being awarded a new contract for British Airways to supply inflight catering to their London flights

Jaguar F-Pace Named 2016 Women’s World Car Of The Year

The Jaguar F-PACE has been named ‘Supreme Winner’ at the 2016 Women’s World Car of the Year Awards. As well as collecting the top accolade, 

Sail Lanka Charter hosts VIP guests on board its luxury yacht – the Sapphire

Sail Lanka Charter recently hosted two exclusive events on board its luxury yacht, the Sapphire. The gatherings took place, whilst the yacht was docked at Dikowita port,

48 Years Of Range Rover: Peerless Design And Engineering Innovation Through Every Generation

Two minutes is not long, but it’s enough time for Land Rover to celebrate a motoring icon. The Range Rover has pioneered design, refinement and engineering innovation since 1970 and Land Rover

Protecting rupee more important than interest rates, says Ravi K

Finance Minister Ravi Karunanayake this week said protecting a fragile rupee was more important than controlling interest rates as the local currency tended not to rebound after a depreciation.

CAL gears to launch Rs.4bn private equity fund

The investment bank, Capital Alliance (CAL), will be launching a Rs.4 billion private equity fund in the near future, a top company official said.

Industrial activities soar to second highest in 4Q16

The industrial activities in Sri Lanka sped up to the second highest during the fourth quarter of the 2016 (4Q16) calendar year through increased production of wearing apparels and non-metallic minerals, pushing the Index of Industrial Production (IIP) up 4.3 percent year-on-year (YoY).