Kanrich Finance partners CMA

Kanrich Finance, a leading financial institution with a rich heritage of over 45 years, partners with the 

PromoLanka wins int’l quality summit award in New York

PromoLanka Group was awarded the BID International Quality Summit Award in the Gold category for 

Celebrating Eid al-Adha!

A girl applies henna on a hand of a customer at a stall ahead of Eid al-Adha in Colombo (REUTERS)

Tourism Minister meets Tasmanian Premier

Tasmanian Premier Will Hodgman, who is also Tourism Minister, was on an official visit to Sri Lanka. 

30% off on two-night stay at Laya Leisure, Kukuleganga

Leisure means different things to different people. But whatever your definition, the activity-packed 

NTB credit cards offer 40% savings at Jetwing Hotels

As part of its continued commitment to uplift its cardholders’ lifestyle, Nations Trust Bank (NTB) 

Leading scientists, doctors and academics call for review of glyphosate ban

We, the undersigned bring to the kind attention of the president and the government of Sri Lanka the 

CCC CEO speaks at Int’l Expert Forum on Climate Change

The Korea Legislation Research Institute (KLRI) convened its first International Expert Forum on Climate Change in Seoul, Korea recently. Carbon Consulting Company (CCC)CEO Sanith de S. 

Fanta Portello sponsors International Kite Festival

The 2016 edition of the International Kite Festival just got a little more magical and vibrant through its association of Fanta Portello (a product of The Coca-Cola Company) as the principal sponsor of Sri Lanka’s highly anticipated kite festival. 

Struggling finance companies to get fresh foreign capital infusion: CB

A number of foreign investors are currently in talks with the Central Bank with regard to injecting fresh capital into some of the struggling licensed finance companies, a Central Bank in a statement said yesterday while cautioning the public not to get misled by erroneous media reports on such companies. 

Anantaya Resorts host Miss Tourism Sri Lanka- International

The winner of the inaugural Miss Tourism Sri Lanka - International, Miss Vera Dijkstra, holidayed with Anantaya Resorts in Pasikudah and Chilaw on a recent visit to the country, enjoying the lavish serenity and hospitality of Sri Lanka during her stay. 

Sri Lanka and Mekong region look at new ways to improve trade and investments

The Sri Lanka – Greater Mekong Subregion Business Council said that there is tremendous potential in trade and investments opportunities with mutual benefits for Sri Lanka and for the Mekong countries that could help the Sri Lankan economy in a bigger way.  Especially in countries such as Myanmar which opened its economy following a transition of power to a democratically elected government from a military junta, Sri Lanka can reap the

Hanjin Shipping funding plan faces further delay, Samsung tries to recover goods

ines, the biggest shareholder in Hanjin Shipping, yesterday delayed a decision on a funding plan for the troubled company for a second time, adding to uncertainty about cargo stranded at sea following the failure of the world’s seventh-largest container carrier. Around $14 billion of cargo has been tied up globally as ports, tug boat operators and cargo handling firms refuse to work for Hanjin because they fear they will not be paid.

ICICI Prudential Life seeks up to $909 mn in India’s biggest IPO in six years

REUTERS: ICICI Prudential Life Insurance Co Ltd’s initial public offering of shares will open on September 19, parent ICICI Bank said on Thursday, seeking to raise as much as $909 million in the biggest local listing in six years.

4rever Skin Naturals sparkles at ‘Miss Sri Lanka for Miss Earth 2016’

‘Derana 4rever Miss Sri Lanka for Miss Earth 2016’, which involved rigorous preparations by the participants as well as organisers from July onwards, came to a fitting finale recently at Citrus Waskaduwa. 

Mastercard sued for US $19bn in Britain’s biggest damages claim

REUTERS: Some 46 million people in Britain could potentially benefit from a legal case brought against Mastercard demanding 14 billion pounds (US $19 billion) in damages for allegedly charging excessive fees, according to court documents filed in London.

Barista introduces ‘Cool Yourself’ beverage range

As the hot rays of the summer sun pour down on the city and vacation mood kicks in, Colombo’s favourite coffee house chain Barista Lavazza is offering the perfect solution to beat the heat. The latest ‘Cool Yourself’ beverage range is a combination of Barista’s signature coffee drinks with a twist and their own take on truly tropical concoctions.

Colombo Int’l Financial City to begin work next month

People walking past a backhoe located in the proposed Chinese-funded Colombo International Financial City. Reclamation work of the Colombo International Financial City, which was earlier known as Colombo Port City, is expected to recommence this October with a new tripartite agreement among Ministry of Megapolis and Western Development, the Urban Development Authority (UDA) and CHEC Port City Colombo replacing the previous agreement signed in 201

Quantum Fitness introduces discount store

The term Quantum Fitness might take you back a few years as you would recall the half an hour infomercials and commercials that you would’ve come across while waiting for your favourite cartoon to start as a kid or while switching through the channels. 

Diva launches 6th ‘IdameVasanawa’ campaign in Nallur

Diva, a celebrated brand of Hemas Manufacturing, heralded its sixth cycle of the extremely popular annual ‘IdameVasanawa’ campaign in Nallur, Jaffna.

Mihin Lanka cabin crew member crowned ‘Miss International’

Ayesha Fernando, a Mihin Lanka cabin crew member, was crowned ‘Miss International’ at the ‘Miss Sri Lanka for Miss Universe’ pageant at a leading hotel recently in Colombo. 

‘NSB Reach’ takes bank to your doorstep

As a responsible state bank, National Savings Bank (NSB) has introduced a new programme to provide banking facilities at your doorstep. The programme named ‘NSB Reach’ was launched recently at the bank’s head office in Colombo and will be implemented through the islandwide NSB branch network under the theme ‘Your address is our address’.

Mobitel Cash Bonanza Montero Extravaganza awards 7th winner

Cash Bonanza Montero Extravaganza 2016 introduced by the national mobile service provider, SLT Mobitel, has become one of the most popular competitions in the country. It rewards customers on a monthly and daily basis an amazing Rs.3,500 lakhs, including 12 luxury Mitsubishi Montero jeeps to 12 lucky winners.

AVIC Int’l adds glitter to Facets Sri Lanka 2016

AVIC International Hotels Lanka Limited, a subsidiary of Chinese mega incorporation Aviation Industry Corporation of China (AVIC), the developers of super-luxury condominium project, Astoria that aims to set a new standard in the luxury living style of Colombo, has added more glitter with its sponsorship extended to the international gem and jewellery exhibition Facets Sri Lanka 2016.

Rupee weaker on importer demand

REUTERS: The Sri Lankan rupee traded weaker yesterday as importer dollar demand surpassed inward remittances of the U.S. currency amid a lack of exporter conversions, dealers said. The spot rupee was at 145.10/15 per dollar at 0721 GMT, compared with Thursday’s close of 145.00/15. One-week forwards were at 145.25/35, compared with the previous day’s close of 145.15/30.

Shares end down, dragged by large caps

REUTERS: Sri Lanka’s benchmark index fell for the third straight session yesterday, dragged down by large caps, as investors stayed on the sidelines amid confusion over falling bond yields, stockbrokers said.

Sri Lanka moves strong delegation to Guangxi’s CAEXPO 13

Over 25 Lankan exporters, biz reps and officials are joining one of the strongest ever Lankan trade delegations to land in China today (September 10). 

Government likely to apply Swiss Challenge process retrospectively

The Sri Lankan government is likely to apply the Swiss Challenge process retrospectively on unsolicited projects already awarded and started at local government levels.

Walkers Piling begins SL’s first sea piling project

Walkers Piling (Pvt) Ltd, a subsidiary of MTD Walkers PLC, yesterday announced that they have commenced work on Sri Lanka’s first sea piling project at the Mutuwal Harbour. 

CICT brings one of the largest ships afloat to Colombo

One of the largest shiOne of the largest ships afloat is expected to call on Sri Lanka for the first time, setting a new ps afloat is expected to call on Sri Lanka for the first time, setting a new