Achilleion - Colombo’s first 7 star luxury residencelaunched

Blue Mountain Apartments together with global real estate titan Palmer and Turner group of Singapore launched the

A new 2 in 1 revolution in men’s grooming by J.L Morisonn

J.L. Morison Son & Jones (Ceylon) PLCJ.L Morison, a pioneer in healthcare and consumer products recently launched an innovative 2

Google buys French startup that helps machines see

AFP: Google yesterday announced a deal to buy Moodstocks, a French startup behind technology that helps smartphones recognize whatever they are aimed at.

New Governor feels Lankan banking sector too crowded

The newly-appointed Central Bank Governor, Dr. Indrajit Coomaraswamy speaking during his maiden media conference

Sri Lanka aims to demilitarise island by 2018

AFP: Sri Lanka intends to become completely demilitarised by 2018, the government said yesterday, a significant

Govt.’s financial discipline could remove VAT burden shortly: Ravi

Finance Minister Ravi Karunanayake said the tax burden presently on the public could be removed in a short period

Central Bank downplays possible Brexit impacts on Sri Lanka

The newly appointed Central Bank Governor, Dr. Indrajit Coomaraswamy downplayed the impact of Britain’s 

EU finance chief wants system to wind down troubled clearing houses

REUTERS: The European Union (EU) should set up a mechanism to wind down troubled clearing houses

Sri Lanka launches Asia’s first Integrated Reporting Council

??By Chandeepa Wettasinghe With the view of cutting down clutter in corporate annual reports and presenting crucial 

Access Engineering nearing completion of ITC Colombo One Project pilling work

Access Engineering PLC is nearing the completion of the pilling works for ITC Colombo One – Hotel and Residence, a luxury hotel comprising 29 floors and two basement floors with 350 guest rooms and an apartment complex comprising 49 floors and four basement floors with 133 apartment units.  The project, which is under construction on a five-acre land overlooking the Galle Face Green, is executed by ITC Limited, one of the largest diver

361 Degrees partners IPM for another successful National HR Conference

361 Degrees, Sri Lanka’s leadingintegrated HR solutions partner, participated in yet another successful National HR Conference having partnered with the Institute of Personnel Management Sri Lanka (IPM) for the 2016 edition which was held recently at the BMICH in Colombo.

EY named world’s number one professional services employer in 2016

EY has been named the world’s most attractive professional services employer – and third most attractive employer overall – in Universum’s annual World’s Most Attractive Employer ranking.  The ranking is based on a survey of 267,084 business and engineering/IT students from the top academic institutions across 12 of the world’s largest economies. 

Kumudika Fernando honoured as ‘Business Role Model of the Year’

Kumudika Fernando, Managing Director of Maliban Biscuit Manufactories (Pvt) Limited was honoured as ‘Business Role Model of the Year’ at the recently concluded ‘Professional and Career Women Awards 2016’. Kumudika was recognised for her outstanding efforts in contributing to the national and regional economy through her involvement at Maiban Biscuit. 

LBO LBR Brand Summit 2016 adds LSEG as partner

LBO LBR Brand Summit 2016, to be held on July 12, has signed London Stock Exchange Group (LSEG) Business Services Limited Sri Lanka as a partner for this potentially life-changing event that offers both the speakers and content to enable the evolution of the field of marketing locally.

Stafford Garments underlines commitment to sportswear

RBN, manufactured by Stafford Garments, is Sri Lanka’s first performance wear brand for men and women built with the Sri Lankan athlete in mind.

New Alto 2016 – Refreshingly economical

The new Alto 2016 has arrived in Sri Lanka with a fresh silhouette and a host of improvements over its outgoing compatriot. The spotlight is focused on the vast improvement in the fuel economy department. 

Oceanpick pioneers sustainable sourcing concept in Sri Lanka’s leisure industry

Oceanpick took culinary teams from the leading hotels in the East on a visit to their offshore sites in Trincomalee, in order to offer insight into Sri Lanka and South Asia’s first-ever commercial-scale oceanic barramundi farm, which enables Sri Lanka’s hotels to source sustainable ingredients and thereby enhance their sustainability standing.

India sees highest domestic market passenger growth in 2015: IATA

The International Air Transport Association (IATA) announced industry performance statistics for 2015 showing that, among the world’s largest domestic markets, India had the fastest domestic passenger growth in 2015. 

Sri Lanka Tourism shines at KOTFA 2016 South Korea

Having foreseen the ideal opportunity to promote Sri Lanka as the world’s best destination in South Asia, the Sri Lanka Tourism Promotion Bureau (SLTPB) made arrangements to participate in the 31st Korea World Travel Fair (KOTFA) for the fourth consecutive year, along with 10 local partners of the tourism industry.

BMW Group, Intel and Mobileye team up to bring fully autonomous driving to streets by 2021

BMW Group, Intel and Mobileye are joining forces to make self-driving vehicles and future mobility concepts become a reality. The three leaders from the automotive, technology and computer vision and machine learning industries are collaborating to bring solutions for highly and fully automated driving into series production by 2021.

Laugfs Car Care launches state-of-the-art Hybrid Centre in Battaramulla

Laugfs Car Care, a sub-division of Laugfs Lubricants, recently announced the launch of a state-of-the-art Hybrid Centre at Koswatta, Battaramulla, to cater to the diverse vehicle needs of hybrid and electric motor vehicles.

Emirates’ A380 makes twin touch downs in Los Angeles and Vienna

Emirates has launched its second daily A380 service from Dubai International Airport (DXB) to Los Angeles International Airport (LAX), touching down just shortly after 8:00 p.m. local time on July 1. With this expanded schedule, Emirates is now able to serve nearly 1,000 passengers travelling to Los Angeles each day. Also on the same day Vienna joined the family of A380 scheduled destinations served by an Emirates A380.

Blue Mountain-Palmer Singapore to launch 7-star luxury apartments in Sri Lanka

Blue Mountain Apartments together with the global real estate titan Palmer and Turner Group prepare to embark a landmark real estate development project set to make a lasting mark on Colombo’s skyline. The luxury seven-star apartment complex will be the first-of-its-kind in Sri Lanka and will feature all-new levels of luxury and innovation.

Hayleys plantations win ‘Gold’ at National HR Excellence Awards 2016

The Hayleys plantations sector is the proud Gold award winner of National HR Excellence Awards 2016, presented by the Institute of Personal Management Sri Lanka (IPM). 

Sarada addresses WTO Spicing-Up Development Assistance Forum

National Chamber of Exporters of Sri Lanka (NCE) President Sarada De Silva addressed a World Trade Organisation (WTO) forum in Geneva, on the success of the Joint UNIDO–STDF–TSC Project, titled ‘Spicing-Up Development Assistance for the Cinnamon Industry of Sri Lanka’. 

Continental Tyres PJ Malaysia-DSL host tech seminar for car tyre dealers

Continental PJ Malaysia in collaboration with Douglas and Sons (Pvt.) Ltd (DSL) – the No: 01 tyre importer – has conducted a technical seminar to educate the PCR tyre dealers in Sri Lanka on Continental car and SUV tires. The seminar was held at Amaya Hills, Kandy and Jetwing Lighthouse, Galle covering the DSL car tyres dealer network islandwide with the participation of the sales team of the tyre department of DSL. 

Qatar Airways hosts Bollywood stars, fans for IIFA celebrations

Qatar Airways was proud to be the official airline partner of the 17th International Indian Film Academy (IIFA) celebrations in Madrid recently, attracting leading celebrities from the Indian and international film fraternity.

DPMC to make Bajaj spare parts vending machines available islandwide

A few months ago, in a move to ensure the availability of genuine spare parts around the clock for the owners of Bajaj vehicles, David Pieris Motor Company Limited (DPMC) introduced the first-ever Bajaj spare parts vending machine at its spare parts outlet in Maligawatta, Colombo 10.

Skills Development and Vocational Training Ministry and NAITA endorse SLGTI

For the past 15 years, the National Apprentice and Industrial Training Authority (NAITA) has been training youth to better their lives and livelihoods. Spread across 25 districts with three national schools located in Katunayake, Katubedda and Orugodawatta, thousands of youth and their families have benefited from NAITA’s vocational training programmes.

LayUp named Sri Lanka’s best start-up at Seedstars Colombo

Seedstars World, the global seed-stage start-up competition for emerging markets and fast-growing start-up eco-systems, brought its Sri Lankan round to a successful close during Seedstars Colombo. The event took place recently at Trace City Expert and eight selected start-ups were invited to present their ideas in front of the local jury panel.