AVIC International celebrates Vesak

In keeping with Sri Lankan traditions and festivals, the AVIC Astoria team celebrated Vesak. A subsidiary of Chinese mega incorporation Aviation Industry Corporation of China (AVIC), the team took steps to celeb

IMF says liberalized energy and utilities prerequisites for EFF

The International Monetary Fund (IMF) has linked the liberalization of energy and utilities by this December 

Shares edge up; turnover slumps to 19-wk low

REUTERS: Sri Lankan shares edged up yesterday from a more than seven-week closing low hit in the previous

Korea’s Vice Minister and top business delegation visiting Sri Lanka

Kim Kyung Hwan, Vice Minister of Korea’s Ministry of Land, Infrastructure and Transport will visit Sri Lanka from

Anticipation Builds Up for SLIM Brand Excellence Awards 2016 ( Watch Video )

The anticipation of the Oscars of the Sri Lankan Brand Marketing Fraternity begins to build up once again as SLIM Brand Excellence

Disney opens first theme park in mainland China

AFP - Entertainment giant Disney opened a massive theme park in Shanghai yesterday, hoping to win over communist-ruled China’s growing middle class with the ultimate American cultural export.

IMF programme reforms key for Lankan sovereigns - Fitch

Fitch Ratings yesterday said it will be closely monitoring Sri Lanka’s progress on the recently secured International Monetary

Suspected fraud shakes up HSBC Lanka unit’s top management

Several management changes have taken place within the senior echelon of HSBC Sri Lanka, following investigations 

More companies in default board for delaying financials

A number of companies were moved to the default board of the Colombo Stock Exchange yesterday for failing to submit their financial statements.

No more permits for prawn farming in Puttalam - Govt.

The government this week decided to stop issuing permits for prawn farms in Puttalam due to poor farming practices

SLIM announces Brand Excellence Awards 2016

Sri Lanka Institute of Marketing (SLIM) announced the launch of SLIM Brand Excellence Awards 2016, based

Shares end 1 pct lower on move to tax capital gains

REUTERS - Sri Lankan shares fell 1 percent yesterdau to hit their lowest closing level in more than seven

Rupee 1-wk forwards little changed; dollar demand weighs

REUTERS - Sri Lankan rupee one-week forwards were little changed yesterday amid dollar demand by importers

Megapolis to go through legislature; New implementing agency to be set up

The proposed US$ 40 billion Western Region Megapolis project, together with an implementing agency will

John Keells X” :Open Innovation challenge of John Keells Group

“John Keells X” is a four month open innovation challenge organized by John Keells Holdings PLC (JKH)

Is entrepreneurship required to be politically correct and fashionable?

We live in a strange world today. There seems to be no end to adhering to politically correct agendas that are

Guangzhou Forum offers considerable prospects for trade and investment with Sri Lanka

The Chinese Chamber of Commerce in Sri Lanka in co-operation with Check Port City Colombo, part of the China 

Celebrate Father’s Day at Abans and win for your father, your hero!

The third Sunday each June marks the International Father’s Day and it commemorates fatherhood and the

Altair sponsors Spring Scientific Meeting of Lankan doctors in UK

Altair, Sri Lanka’s iconic twin tower high-rise development, sponsored the 2016 Spring Scientific Meeting

IMF faults govt. for limping on reforms; warns of heavy cost of inaction

The International Monetary Fund (IMF) this week displayed mixed sentiments over the Sri Lankan government,

CHINT establishes global presence among stakeholders

CHINT Power Projects (Pvt.) Ltd, the sole agent in Sri Lanka for world-renowned ‘CHINT’ brand electrical items,

Excessive credit growth calls for further monetary policy tightening

In view of the inflationary pressures and high import demand that arose from the easy money policy, the Central Bank

WCIC seeks women entrepreneurs to honour at 9th Entrepreneur Awards

The Women’s Chamber of Industry and Commerce (WCIC) is calling for committed women entrepreneurs 

Singapore Airlines connects Sri Lanka with best destinations in Indonesia

With additional flights from Colombo, Singapore Airlines has connected Sri Lanka with many destinations

Hayleys Consumer-Wipro partner to market, distribute Santoor in Sri Lanka

Hayleys Consumer and Wipro India formally launch their partnership in Sri Lanka at an official ceremony

Huawei introduces Y3II, Y5II entry level smartphones to Sri Lanka

Huawei, the fastest growing smartphone in Sri Lanka, announced the launch of two new entry level smartphones

Land Rover Partners Swim Week Colombo

Land Rover, the iconic British brand continues its longs tanding partnership with Colombo Fashion Week (CFW) 

EBC’s Swarnavahini to broadcast mega Indian teledrama series, ‘Mage SandaObai’

The Swarnavahini television channel, part of the EAP Broadcasting Company recently launched its first-ever mega Indian tele drama series,

Swim Week Colombo to host swim dialogues through TrendSwim

Swim Week Colombo, presented by OLU Tropical Water, introduces TrendSwim – an engaging series of dialogues and talks

DFCC introduces first-ever mobile wallet to local banking space

The financial landscape this week witnessed the launch of the first-ever mobile payment app with DFCC Bank