Canon unveils EOS-1D X Mark 11 to Lankan market

Canon’s latest camera ‘The EOS-1D X Mark 11’ is described as Canon’s answer to the professional photographers. Sri Lankan photographic and video enthusiasts now can experience it as it was 

Dr. Lokuhewa appointed as new MBSL Chairman

Dr. Sujeewa Lokuhewa has been appointed as the new Chairman of Merchant Bank of Sri Lanka & 

Gulf Air launches Global Dynamic Interline Pricing Tool in Sri Lanka

Gulf Air, the national carrier of the Kingdom of Bahrain, recently launched its Instant Book and Price tool for travel agencies in coordination with its general sales agent (GSA) Mack Air, technology 

Sampath Bank 2Q net up 54% over strong growth in loans; margins intact

Sampath Bank PLC, third largest private sector commercial bank by assets recorded a net profit of 

Mans Lanka appointed as sole agent for Bajaj fans, Godrej locking solutions

Mans Lanka (Pvt.) Ltd, a subsidiary of Macksons Holdings Group of Companies, has been appointed as the sole agent in Sri Lanka for the distribution of Godrej locking solutions and systems as well as 

Lanka Hospitals cements ties with Seychelles

Lanka Hospitals, which recorded its highest ever profits in 2015, now looks to medical tourism to further 

AMW launches Yamaha Ray ZR scooter

Associated Motorways (Pvt.) Limited (AMW) recently introduced ‘Yamaha Ray ZR’ to the Sri Lankan market, which is defined as the largest Yamaha scooter to be introduced, specially designed focusing on convenience.  

Large crowds witness “Construction Expo”

The 5th Construction Expo Mega Mart was held from the 29th – 31st July  at the BMICH, organized 

SQ launches morning flight from Colombo targeting connecting flights to key destinations

Travel with Singapore Airlines on the newly introduced morning services on SQ467. 

Metropolitan unveils state-of-the-art showroom in Anuradhapura

With the intention of serving the North Central customers, Metropolitan recently opened its Anuradhapura branch equipped with a full product portfolio and a state-of-the-art customer service 

‘New and improved’ Wild Elephant launched

Elephant House’s popular Wild Elephant has been reintroduced to the local market in a whole new way!

Moratuwa University’s D-Mora Car wins 3 awards at Formula Student 2016

The D-Mora P 1 race car built by the engineering students from the Faculty of Engineering of the University of Moratuwa with the backing of Diesel & Motor Engineering PLC (DIMO) won three awards 

DFCC Bank introduces the ultimate saving solution – ‘VardhanaXtreme Saver’

DFCC Bank recently introduced the ‘VardhanaXtreme Saver’, which provides individuals, corporates and institutions with a smarter option to earn  higher interest rates. 

SL to revamp, double refinery capacity: minister

REUTERS: Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to 

Time to buy stocks: CB Governor

The Central Bank Governor recently said that it is now the best opportunity to increase investments in the stock exchange. Dr. Indrajit Coomaraswamy made these comments at the Colombo Stock 

Melstacorp to become Harry J’s ultimate holding company; seeks CSE listing

Melstacorp Limited will become a listed holding company for business tycoon Harry Jayawardena’s 

Sri Lanka Economic Summit 2016 commences today

Sri Lanka Economic Summit 2016, organised by the Ceylon Chamber of Commerce (CCC), will commence today with the participation of President Maithripala Sirisena as the chief guest. The two-

Govt. calls for importation of rubber to revive ailing industry

Even before the dust settled over the shooting down of the controversial proposal to set up a tea hub, 

OBG gives thumbs up for Sri Lanka!

??By Chandeepa Wettasinghe The Oxford Business Group (OBG), a top global publisher and 

ComBank launches enhanced version of PayMaster

Commercial Bank has announced the launch of a new version of PayMaster, the Bank’s sophisticated bulk payments platform for corporate customers, offering enhanced functionality and controls and a new level of security.

SL can’t sit on the sidelines: We must join the race for trade and jobs

The Prime Minister’s move to fast track the Free Trade Agreements (FTAs) with Singapore and China and a revised ETCA is a good move. 

Nivasie completes Orchid Apartments Malabe Phase 1

Nivasie Developers completed the construction of ‘Orchid Apartments’ (Phase 1) in Malabe and the keys were handed over to its respected owners. 

Hire1 and MyDeal.lk introduce speedy 24-hour delivery

Hire1, the country’s on-demand logistics company revolutionising point-to-point delivery, has partnered with MyDeal.lk, one of Sri Lanka’s pioneering daily deals websites, to guarantee speedy delivery of online orders for its growing customer base.

MullenLowe appoints new CEO for Sri Lanka

MullenLowe announced yesterday the appointment of Thayalan Bartlett (Barty) as CEO for its Sri Lanka operations.

Amana Takaful Life appoints Gehan Rajapakse as new CEO

Amana Takaful Life Limited (ATLL) has announced the appointment of Gehan Rajapakse as its new CEO – to provide leadership to the company as it seeks to further consolidate its position following its recent successful Initial Public Offering (IPO).

Japanese government grants Rs10 bn loan

The Government of Japan has decided to grant a US$90 million concessionary loan (Rs.10 billion) to implement Sri Lanka’s development policies. Picture shows the declaration with regard to the Rs.10 billion loan being handed over to Finance Minister Ravi Karunanayake by Japanese Ambassador to Sri Lanka Kenichi Sugama at the Ministry of Finance recently.

Sri Lanka Technological Campus Obtains ISO: 9001:2008 Certification

The Sri Lanka Technological Campus (SLTC) has been awarded ISO:9001:2008 certification for Quality Management System. 

NDB bags Gold at CFA Sri Lanka Capital Market Awards

NDB was crowned the Gold awardee for best investor relations at the CFA Sri Lanka Capital Market Awards 2016 held at Cinnamon Grand recently. The CFA capital market awards is broadly hailed by capital markets, aimed at identifying firms and practitioners that have added value towards the accomplishment of specialized standards of practice in  capital markets.

LAWASIA Golden Jubilee Conference to kick-start next week

LAWASIA, the Law Association for Asia and the Pacific will celebrate its Golden Jubilee at its 29th conference in Colombo from 12-15 August, organized by the Bar Association of Sri Lanka. The speakers for this conference will be drawn from more than twenty jurisdictions in Asia, the Pacific and beyond, ensuring a lively and wide-ranging approach  to material.

ASEAN and the economic dimension of Asian security

The role of ASEAN in underpinning Asian security is vastly underestimated. To the security hard-heads this may seem a peculiar claim, especially in Washington where ASEAN is often seen as some kind of wishy-washy construct which needs stiffening in its resolve against the rising economic and political power of China.