Blue Mountain – Achilleion secures the rights for title sponsorship for the Sri Lanka tour of Zimbab

The real estate giant Blue Mountain’s latest seven-star luxury apartment project, Achilleion has securedthe rights for Title Sponsorship for the Sri Lanka tour of Zimbabwe 2016 

Fairway Holdings Opens Brand New Sports Complex For Homeowners

Perera Mawatha in Rajagiriya was arrayed in bright green lights and one could see Fairway Holdings flags fluttering in the breeze. Last Tuesday night Fairway Holdings

Coca-Cola refreshes youth at the J’pura Premier League

Coca-Cola Beverages Sri Lanka recently extended its support to the J’pura Premier League (JPL) and stepped forward as the official beverage sponsor of the tournament to promote sporting

Armacell - Making A Differnce In Sri Lanka

ARMACELL INDIA (PVT) Ltd industry together with their local agent, distributor, S.L.J. Holdings (PVT) Ltd. along with companies, in the HVAC industry consultants,

SL slips one place in WB’s Doing Business rankings

Sri Lanka’s Ease of Doing Business ranking fell by one notch to 110 for 2017 despite key improvements, according to the flagship report on the subject by the World Bank.

e-Signatures must for improving Lanka’s trade dynamics: Verité  Research

Sri Lanka’s operational environment will continue to be bogged down with errors and mishaps, hindering international trade performances, if the public administration remains resistant towards embracing e- signatures. 

SL slips one place in WB’s Doing Business rankings

Sri Lanka’s Ease of Doing Business ranking fell by one notch to 110 for 2017 despite key 

Watawala 2Q profit jumps over palm oil

The diversified regional plantation company, Watawala Plantations PLC, saw its September net profit j

Over Rs.4bn final payment for Golden Key depositors gets Cabinet nod

The Cabinet approval has been granted to release funds amounting to over Rs.4 billion as the final 

Over Rs.4bn final payment for Golden Key depositors gets Cabinet nod

The Cabinet approval has been granted to release funds amounting to over Rs.4 billion as the final tranche to defrauded Golden Key depositors though the Central Bank. The proposal to this end was made by Finance Minister Ravi Karunanayke. Under the scheme approved by the Supreme Court, Rs. 544.3 million and Rs. 3.9 billion have been already been released respectively, for first and second tranches by the  General Treasury. The Cabinet approv

Cold Stores invests Rs.270mn in ice cream factory

Ceylon Cold Stores PLC (CCS), a unit of John Keells group, which has interests in consumer goods manufacturing and retailing has invested Rs.270 million in a subsidiary to set up an ice cream factory, the interim financial accounts released by the company to the Colombo Stock Exchange noted.

PM to come up with 5-year capital market strategy

A five-year capital market strategy for the 2016-2020 period proposed by Prime Minister Ranil 

Cold Stores invests Rs.270mn in ice cream factory

Ceylon Cold Stores PLC (CCS), a unit of John Keells group, which has interests in consumer goods 

e-Signatures must for improving Lanka’s trade dynamics: Verité Research

By Shabiya Ali Ahlam Sri Lanka’s operational environment will continue to be bogged down with 

PM to come up with 5-year capital market strategy

A five-year capital market strategy for the 2016-2020 period proposed by Prime Minister Ranil Wickremasinghe in his capacity as the Minister of National Policies and Economic Affairs has received Cabinet approval. The five-year strategy is expected to propose regulatory and development actions to be followed by the government for the improvement of the country’s capital market.

IFS unveils IoT solution to help customers drive digital transformation

IFS, the global enterprise applications company, presents IFS IoT Business Connector, a new product that shortens the time from ideas to tangible benefits for customers’ IoT initiatives by providing an end-to-end architecture and the ability to turn IoT discoveries into actions. The product was presented at the IFS World Conference 2016 in Gothenburg, Sweden.

Shares end slightly weak, hovering close to 12-week low

REUTERS:  Sri Lankan shares ended slightly weaker yesterday, largely near a 12-week closing low hit earlier in the week, in dull trading as investors awaited cues from the government budget and five-year plan as well as corporate earnings.

LSR Colombo Marathon gives much needed physical training for Just In Time employees

Physical training at Just In Time Group started with the objective of getting its staff off their feet and to be stronger, healthier and fitter. 

Evolve acclaimed as ‘Sri Lanka’s Best Employer Brand-2016’

IT, software, BPO and outsourcing company, Evolve Technologies (Pvt.) Ltd recently walked away with the award for ‘Sri Lanka’s Best Employer Brand-2016’, presented by the World HRD Congress and Employer Branding Institute. 

Dusit Thani Sri Lanka promotes real estate investment to Australian citizens

Dusit Thani Sri Lanka, Beachfront Balapitiya recently hosted ‘Australia Showcase 2016’ for Sri Lankan-Aus society crème de la crème, in Melbourne to meet the immense interest received from both expats and locals alike in Australia.

Signature Residencies on expansion drive

Zamlank Developers, owners of Signature Residencies, unlike most other developers, owns the land it develops, and customers are assured that developments are of the highest standards, according to Zamlank Developers Vice President-Operation, Kavinda Makalanda. 

Ceylon Tobacco team wins big at NASCO Awards 2016

Ceylon Tobacco Company PLC (CTC) was recently feted with four accolades at the annual National Sales Congress Awards (NASCO) 2016 organized by the Sri Lanka Institute of Marketing (SLIM).  This marks the third consecutive year that CTC has been recognized for outstanding personnel on this prestigious platform. Thisaru Wanninayaka, Nishanga Dissanayake and Chiran Dias secured the Gold, Silver and Bronze Awards, respectively, in the Alcohol an

Channa de Silva appointed Sarvodaya Development Finance Chairman

Sarvodaya Development Finance announces the appointment of Channa de Silva as its new Chairman on the retirement of Eastman Narangoda, who led the successful transformation process of Sarvodaya Development Finance formerly known as Deshodaya Development Finance Company Limited (DDFC). 

Nearly 50% Lankans likely to opt for insurance retirement plan: survey

We all know that Sri Lanka has a steadily aging population. But, have you ever thought about what Sri Lankan’s preferred method of saving for retirement is? 

Special WTO-Sri Lanka deliberations open in Colombo

Sri Lanka announced that it is seeking special and differential treatment for its agricultural and even service exports under WTO and the WTO-Lankan Trade Policy Review will take place in early November, said the apex global trade regulator yesterday.

Unipower introduces Nanogreen to increase agri output

Until the middle of this century, the world’s population will have increased to 10 billion people. Every year, 160 million tons of fertilizer is being applied to agricultural lands to meet the ever increasing demand for food. Yet, most prevalent are synthetic fertilizers which pose numerous problems besides being processed from unsustainable resources like petroleum, phosphorous or potassium. 

Commercial Bank seeking greater exposure to overseas markets

Sri Lanka’s largest private bank, the Commercial Bank of Ceylon is actively looking at opportunities to venture overseas, with a view to establishing itself in developing economies with high growth potential.  

Fonterra boosts local dairy industry with milk fingerprinting technology

Fonterra Brands Sri Lanka, the dairy co-operative behind Anchor has invested Rs. 12million to enhance the quality of local milk supply by equipping its milk chilling centres around the country with the most advanced milk-fingerprinting technology for analysing milk composition.  

Implementing a national single window for trade

Trade facilitation has been recognized as a key element in improving trade efficiencies and boosting a country’s trade performance.  A key element for effective trade facilitation would be implementing an efficient ‘single window’. 

Deegayu launches new product brochure on authentic Ayurveda products

Deegayu Ayurvedic and Botanical Products (Pvt.) Ltd., one of Sri Lanka’s leading manufacturer and marketer of Ayurveda pharmaceuticals and Ayurveda concept based herbal health care products, recently launched a new product brochure in Sinhala, compiling 16 products formulated and manufactured in compliance with guidelines issued by the World Health Organization (WHO).