CTC appoints Emma Ridley as Finance Director

Ceylon Tobacco Company (CTC) PLC recently announced the appointment of Emma Ridley as the new Finance Director for the company, effective from 1st September 2016. 

Prof. Balakista Reddy to conduct ‘International Space Law’ workshops

Prof. (Dr.) V. Balakista Reddy, Professor of International Law, Coordinator M. K Nambyar SAARC 

Homedepot finishing hardware store opens for decor enthusiasts

Recognizing the ever growing needs of the construction industry in Sri Lanka, Homedepot was launched recently, as a one-stop hardware store, equipped with a range of innovative and quality 

Pizza Hut introduces 3 new Indian flavours

The fascinating combination of various spices, herbs, vegetables and other ingredients used in Indian cooking unveils a taste and fragrance that has already lured and captured many a Sri Lankan taste-

Expert calls Lankan firms to implement ‘sourcing strategies’

An expert has called Sri Lankan firms to have a sound ‘sourcing strategy’ in order to help improve the overall business performance by sourcing the rights products at the right price and at the right time.  

7th NAFLIA Congress attracts over 1000 participants

Over one thousand life insurance sales professionals gathered at the BMICH recently for the seventh 

Finagle Lanka launches Wholemeal and Multi Grain bread

Lifestyles in Sri Lanka are evolving and changes are evident in dietary patterns where there is a 

Bartleet changes investment banking arm’s name

Religare Bartleet Capital Markets (Pvt.) Ltd, the investment banking arm of the Bartleet Religare 

Etihad launches global sale with up to 50% off to 58 popular destinations

Etihad Airways has launched its global sales campaign, targeted at Business and Economy Class guests, with fares available on a wide range of destinations served across the world and fares 

Hotel Asia to propel Lankan hospitality products and services to Maldives

From September 5 to 7, the Sri Lankan hospitality and partner industries will converge at Hotel Asia 

Three Sinha Group receives Silver at CNCI Achiever Awards

Three Sinha Group of Companies, an organization that constantly strives to break new barriers in the 

Hong Kong property stocks fall on US rate hike concern

Nikkei Asian Review: Property stocks fell in Hong Kong on Monday amid revived expectations that t

Malabe’s pursuit towards urbanization

Malabe is the fastest growing suburb in Colombo and has been the spotlight in the country ever since 

DFCC Bank keeps growing in Kandy

DFCC Bank further extended its footprint in Kandy with the opening of two fully-fledged branches in the Kandy City Centre (KCC) and Peradeniya, recently. 

Sri Lanka to join 13th CAEXPO as special guest country

Consulate General of Sri Lanka in Guangzhou has confirmed that Sri Lanka will join the upcoming China-ASEAN Expo (‎CAEXPO) as a special guest country in a confirmation letter to the Secretariat of CAEXPO earlier. 

Qatar Airways inspires world explorers to live their dreams with spectaculartravel festival deals

Qatar Airways’enormously popular Travel Festival is back, giving travellers across the world the opportunityto enjoy dream deals to inspiring places 

SLT emphasises on its unmatched data volume as No. 1 value for money broadband internet offers in S

Sri Lanka Telecom (SLT), the flagship broadband service provider in the country, emphasized that the company is offering the best value for money broadband offers

Etihad Airways launches global sale with up to 50% off to 58 popular destinations

Colombo, SRI LANKA - Etihad Airways has launched its global sales campaign, targeted at business and economy class guests

DFCC Bank keeps growing in Kandy

DFCC Bank further extended its footprint in Kandy with the opening of two fully fledged branches in the Kandy City Centre (KCC) and Peradeniya,on the 26thof August 2016

Pan Asia Bank progresses gaining rapid growth

Pan Asia Bank which is known for its range of novel innovative products and services is in the process of introducing new online and mobile banking channels. 

BOI approves first veterinary pharmaceutical and animal feed premix export project

A leading veterinary pharmaceutical and feed additives company signed agreement with Sri Lanka’s apex investment promotion body, the Board of Investment (BOI), to invest over US $ 5 million for export-oriented projects under the name of Farmchemie Manufacturers (Private) Limited. 

Tea stakeholders come together to safeguard industry funds

All stakeholders of the country’s tea industry yesterday expressed their unmitigated and resolute opposition to the intention of the Finance Ministry to appropriate the funds accumulated by the Sri Lanka Tea Board, which had been collected from the Industry for global tea promotion.

Dubai’s SAIF industrial zone holds roadshow to woo Lankan investors

Officials of the Sharjah Airport International Free (SAIF) Zone in Dubai, recently visited Sri Lanka as a part of its international roadshows, in order to woo Sri Lankan investors to the mega industrial hub. “I hope that you expand into the Middle East region through this trade zone,” SAIF Zone & Hamriya Free Zone Director Saud Almazrouei told the roadshow attendees at the Taj Samudra yesterday. The SAIF Zone recently embarked on

LOLC Finance sets benchmark in Sukuk issuances in South Asia

LOLC Finance PLC has successfully issued a Rs. 500 million (US$3.37 million) Sukuk from the domestic market, setting a precedent for corporate Sukuk issuances in South Asia. 

Ceylon Hotels Corp. seeks shareholder nod to write off losses exceeding Rs.1bn

Ceylon Hotels Corporation PLC (CHC), an operator of rest houses and resorts is seeking the shareholder nod to write off its accumulated losses which are to the tune of over a billion rupees against the shareholders’ fund in a major capital restructure, the company said in a stock exchange filing. 

VAT could have delivered double whammy: top retailer

Implementation of the currently overturned Value Added Tax (VAT) bill would have had a double impact on retailers with dampened demand as well as the creation of a grey market, a leading diversified group in the country said.

Asiri Central supports Heart Association to raise healthcare sector standards

Highlighting its commitment to raising the bar in the country’s healthcare sector, Asiri Central stepped up to host the pre-congress workshop on interventions on left main coronary artery disease that preceded the 16th Annual Academic Sessions and the 4th Sri Lanka Intervention Meeting (SIM) of the Sri Lanka Heart Association. 

Barriers beyond tariffs: Sri Lanka’s exports to China

Sri Lanka is stepping up its game in trade by going full steam ahead onnegotiating free trade agreements (FTAs) with three of its major trading partners - India, China and Singapore. 

Mabroc Bubble Tea flagship store launched with unique range of bubble teas

The concept of Bubble Tea which originated in Taiwan has found its way across the world and has been brought to life in Colombo with Mabroc Teas recently unveiling their flagship bubble tea store at the basement food court of Colombo’s premier shopping destination, Liberty Plaza. 

Rosewood Hospitality Hospital introduces 24-hour dental medical service

Rosewood Hospitality Hospital Kadawatha which is dedicated to providing a superior service to its patients has commenced a 24 hour dental hospitality service. Rosewood Hospitality Hospital will therefore be the first and only hospital in Sri Lanka to provide outpatient services (OPD) and dental services around the clock 24 hours a day.