Turkey widens post-coup crackdown to businessmen

AFP - Turkish authorities yesterday widened their post-coup crackdown to the business sector, detaining three top tycoons as part of investigations into the activities of US-based preacher 

World Construction Symposium 2016 kicks off

The Ceylon Institute of Builders (CIOB) and Building Economics and Management Research Unit (BEMRU), Department of Building Economics, University of Moratuwa, are jointly organising the fifth 

Blue Mountain introduces OSMO Fitness sports and wellness complex

Blue MountainGroup’s latest addition to its business portfolio, OSMO Fitness now offers members an exclusive health and fitness experience in the heart of Colombo’ssuburbs. The state-of-the-art sports 

Eurozone slows amid Brexit worries

AFP - Growth in the eurozone slowed in the second quarter to 0.3 percent, official data showed yesterdat, with analysts warning that the consequences of Brexit could harm the economy further 

Sunshine Holdings supports Sri Lanka Economic Summit for second consecutive year

Diversified conglomerate Sunshine Holdings PLC has come forward for the second consecutive year to support 

Sterling Japan shows gratitude to business partners

A company that was founded with the prime objective of supplying high-quality motor vehicles to different overseas markets from Japan celebrated joy and success together with its valued business 

Swiss Advantage holds awareness programme on ISO 9001: 2015

An awareness programme on how to implement ISO 9001: 2015 without documentation was conducted by Swiss Advantage

JKH June quarter net up 9% to Rs.2.4 bn

Sr i L a n k a ’ s d i v e r s i f i e d conglomerate and premier bluechip, John Keells Holdings PLC (JKH) increased its June quarter net profit by a moderate 9.0 percent to Rs.2.4 billion or Rs.1.74 a 

Eser Marketing introduces world-renowned BH Treadmill to Lanka

Eser Marketing International (Pvt . ) Ltd, the pioneer in fitness and exercise equipment, has 

CONSTRUCTION EXPO 2016

‘Construction Expo 2016’, organized jointly by the Ceylon Institute of Builders (CIOB) and Lanka 

Lanka Spice introduces loyalty cards, stickers

Lanka Spice (Pvt.) Limited, brand owners of ‘Mc Currie’ spices, spice powders and blends, ready-to-

DIMO committed to make Sri Lanka a technological research hub for automobiles

Diesel & Motor Engineering PLC (DIMO), a local agent for leading global automobile brands, expressed its willingness and commitment to make Sri Lanka a centre for automobiles technological 

JKOA rewards top performers at annual Dealer Convention

John Keells Office Automation (Pvt) Ltd (JKOA) felicitated their top dealers, to reward their efforts and celebrate their successes at a dealer convention recently.

NTB encourages savings with ‘Nations Savings Bonanza 2016’

Nations Trust Bank (NTB) recently introduced ‘Nations Savings Bonanza 2016’ as part of the bank’s continued commitment to reward good saving habits among customers. Launched from July 15 until September 30, this special reward scheme is aimed at encouraging enhancement in savings mobilization among customers.

Flemingo Duty Free partners with FlySmiLes

Flemingo Duty Free has partnered with FlySmiLes, the frequent flyer programme of Sri Lankan Airlines to enhance value and delight its customers. 

Emirates to deploy flagship A380 on Johannesburg route

Emirates has announced that it will be upgrading one of its four daily flights between Dubai and Johannesburg to  an Airbus A380-800 from February 1, 2017.

JAT rewards ‘Amazing gifts for everyone’ promotion winners, dealers

JAT Holdings, Sri Lanka’s market leader in the furnishing and finishing industry, today crowned the lucky winners of the ‘Permoglaze Amazing Gifts for Everyone’ - Scratch and Win competition which was held over a five month period from December last year to the end of April this year.  

Restraining order obtained to cancel NDB EGM

Adding a new twist to the saga surrounding the removal of the NDB Bank Chairman, it appears that a restraining order obtained by NDB Bank Shareholder Dr. Sena Yaddehige may have contributed to the cancellation of the Extraordinary General Meeting (EGM) to appoint a new Chairman.

Mihin Lanka flies Singaporean travel agents to Seychelles via Colombo

A group of travel agents from Singapore flew to the Seychelles via Colombo for a familiarization tour to Seychelles combined with Sri Lanka as part of an initiative taken by SriLankan Airlines and Mihin Lanka to promote dual destinations.

ATL secures two wins at inaugural Sri Lanka Insurance Industry Awards 2016

Endorsing its presence and commitment to quality in all areas of operations, Amãna Takaful (ATL) PLC won two highly acclaimed awards in multiple subject areas, at the inaugural Sri Lanka Insurance Industry Awards 2016.

HNB Assurance wins two awards at Insurance Industry Awards

HNB Assurance (HNBA) clinched two awards under the categories of corporate social responsibility (CSR) Contribution and Micro Insurance Contribution at the inaugural Insurance Industry Awards of Sri Lanka jointly organised by Fintelekt and the Insurance Association of Sri Lanka (IASL), which was held recently at Taj Samudra, Colombo.

NOLIMIT among Top 25 Best Companies to Work

From a pool of 77 companies in Sri Lanka across 14 business sectors and amongst some of the leading corporates in the country, Sri Lanka’s leading fashion and retail chain NOLIMIT is ranked as one of the TOP 25 Best Companies to Work for in Sri Lanka 2016. Furthermore, NOLIMIT was recognized and commended in the category of ‘Excellence in Diverse Workforce.’

Kuwait Airways co-sponsors DGCA 53rd Conference

Kuwait Airways co-sponsors the 53rd DGCA Conference of Asia & Pacific Region to be held in Colombo from August 1 to 5, 2016. 

DSI opens new showroom in Jaffna

D. Samson & Sons (Pvt) Ltd recently celebrated the opening of a brand new showroom in Jaffna.  Thusitha Rajapaksa, Managing Director of D. Samson & Sons (Pvt) Ltd, Kaushalya Perera, the Director of D. Samson & Sons (Pvt) Ltd and other members of the organization’s senior management were present at the opening ceremony, which took place on the 6th of July. Sanjeewa Dharmarathna, the Deputy Inspector General of Police–J

SlipDoctors enters Sri Lankan market with world-renowned anti-slip products

SlipDoctors, the world’s number one manufacturer of anti-slip products based in United States entered the Sri Lankan market by partnering with Creation Master Builders (PVT) Ltd.

World Construction Symposium to be held for fifth time

The Ceylon Institute of Builders (CIOB) and the Building Economics and Management Research Unit (BEMRU), Department of Building Economics, University of Moratuwa, Sri Lanka, are jointly organizing the 5th World Construction Symposium in Colombo from July 29-31. The symposium will offer a special platform for researchers and practitioners in the sphere of sustainable construction worldwide to share their knowledge, experience and research findings

People’s Bank relaunches ‘Economic Review’ journal

People’s Bank announces the relaunch of its erstwhile publication, Economic Review, by its Research Department.  A community initiative by People’s Bank, the Economic Review imparts knowledge and interest in the economy and shares information on economic development through multiple opinions, research-based articles and debates. 

WEA judging draws to a close

Judging for the ‘Woman Entrepreneur of the Year’ awards ceremony, to determine the best performing women owned businesses, has drawn to a close. 

Can Asia transform international investment law?

European and North American capital exporting countries have shaped international investment law for most of its history. They pushed for the customary international minimum standard of protection, forged the classical model of bilateral investment treaties (BITs) and now drive the present recalibration of international investment law. Despite counter-proposals from the ‘South’ over decades, the making of international investment law

LBSI to launch seventh season of Leo Art

Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, will launch the seventh season of Leo Art titled ‘Strokes at the Mews’ on August 5, at the Park Street Mews.