Economic revival

Malaysian women walk past each-other at the popular Chinatown market in Kuala Lumpur yesterday. Malaysia

PABC hosts inter-branch and department quiz

Pan Asia Bank Corporation (PABC) held its inter-branch/department quiz competition named ‘Pan Asia

Nissan CEO says will scrap Mitsubishi deal if fuel scandal widens

AFP - Nissan’s top executive warned yesterday that he would kill a $2.2 billion offer to buy a major stake i

EU defends US free trade deal amid growing opposition

AFP-  EU trade chief Cecilia Malmstroem said yesterday a historic free trade deal between Europe and the

Rupee steady in dull trade; stocks rise

Reuters - The Sri Lankan rupee was steady in dull early trading yesterday as greenback sales by banks

Apple invests $1 billion in China taxi app Didi

AFP - Apple has invested $1 billion in Chinese ride hailing app Didi Chuxing, the Beijing company said

Shares hit over four-month closing high

REUTERS:  Sri Lankan shares rose yesterday to hit its highest close in more than four months, led by

Expedition to Mount Everest - Jayanthiand Johann attempt to summit

JayanthiKuru-Utumpala and Johann Peries are on the brink of summiting Mt. Everest (8,848m / 29,029ft) the highest mountain in the world.

EU rep affirms SL on track to regain GSP Plus

The European Union representative head in Sri Lanka yesterday said Sri Lanka is on track in regaining

ComBank 1Q net up 29% over strong core banking and stable margins

Sri Lanka’s largest commercial bank by assets, Commercial Bank of Ceylon PLC (ComBank) increased its

FinMin vows to investigate Lankans in Panama Papers

Minister of Finance Ravi Karunanayaka said formal investigations of all Sri Lankans exposed by Panama

Shares snap 5-day winning streak

REUTERS:  Sri Lankan shares ended marginally lower yesterday, snapping a five-session winning streak,

NDB March net profit slips 37% to Rs.547.5mn

National Development Bank PLC (NDB) group saw its March quarter net profits falling by 37 percent year-on-year 

Top UN official calls for multi stakeholder collaboration to ensure water security

Top visiting United Nations official yesterday stressed the need for multi stakeholder collaboration in Sri Lanka to ensure 

SLI surpasses own record, declares Rs.5.4 bn life bonus for 2016

Breaking all landmarks in the local insurance industry Sri Lanka Insurance (SLI) has once again declared

Fusion Marketing Guru Lon Safko to hold workshop in Colombo

Sri Lankans will have the rare opportunity of witnessing one of the world’s foremost multi-faceted personalities live in Colombo, when Sri Lanka Institute of Marketing (SLIM) hosts leading business author, inventor, strategist and futurist, Lon Safko for a workshop on the 27thMay.

Sarva Integrated celebrates 11 years of explosive growth

Sarva Integrated, which recently won two Gold Abbys and a Best of South Asia Award at Goafest - India, celebrated its 11th anniversary by treating the Sarva crew to tea at Kingsbury Colombo.  Started as a small, five man operation with three clients in 2005, Sarva today has over 60 employees, a portfolio of prestigious brands and a reputation for developing insight based ad campaigns that capture the market and increase client sales. Combini

Fitch assigns ‘B+(lka)’ Rating to Kotagala; Outlook Negative

Fitch Ratings Lanka has assigned Sri Lanka-based Kotagala Plantations PLC (Kotagala) a national long-term ‘B+(lka)’ rating, with a negative outlook. Fitch has also assigned Kotagala’s outstanding senior secured debentures a national long-term rating of ‘B+(lka)’.

Metropolitan Communications wins two top performance awards

Metropolitan Communications wins two prestigious top performance awards by global enterprise communication manufacturer, NEC at an Asia Pacific achievers’ awards night held in Vietnam for performance in the second half of the 2015 / 2016 financial year.

Fortinet unveils Security Fabric to protect enterprises from securtiy threats

Fortinet, the global leader in high-performance cyber security solutions, recently unveiled its Security Fabric,an integrated, collaborative, and adaptive architecture designed to deliver distributed security for global enterprises providing protections against threats from IoT and remote devices, through the infrastructure core,andinto the cloud. 

BoardPAC chosen by Bangladesh’s City Bank to debut corporate governance solution

The award-winning Sri Lanka-developed corporate governance solution BoardPAC has been selected by The City Bank, a leading commercial bank in Bangladesh,as its paperless board meeting & corporate governance solution.

Why Tesla scares me

“It’s a phone. It’s an iPod. It’s an Internet communications device. Are you getting it?” is the only line I can vividly remember from Jobs’ 2007 iPhone launch event in Cupertino. I recall watching the event after the fact and thinking to myself, ‘everything’s going to change’ and since then, both literally and figuratively, everything has. Seemingly indomitable giants of the industry like Mot

Mazda MX- 5 Miata RF debuts at New York Auto Show

The 2017 Mazda MX- 5 Miata RF debuted at the 2016 New York Auto Show, impressing the gathering with the more upscale approach to the popular roadster. The Miata RF is expected to go on sale in  Spring 2017.

The entrepreneur journey – where does it end?

For every entrepreneur, the business started and nurtured through tough times is as personal as raising a child. 

Int’l spec. or Japanese domestic model? AMW sets record straight for Lankan vehicle buyers

 The Sri Lankan vehicle retail market has recently been the centre of focus following the new national budget. The average Sri Lankan vehicle buyer is constantly on the search for good deals on the latest models from Japan. And eventually every Sri Lankan vehicle buyer is faced with a choice: do they purchase a brand-new international spec. model (which is sometimes referred to as the export model) or do they purchase an unregistered vehicle

Valvoline marks 150 years in business

Valvoline, the first trademarked lubricant brand in the U.S. – will turn 150 years old in 2016 and will celebrate this milestone with a series of  global initiatives. 

Roshan Perera appointed to Laugfs Leisure board

Roshan R. Perera was appointed to the board of Laugfs Leisure Limited at the recently held Board Meeting. Laugfs Leisure is a subsidiary of Laugfs Gas PLC and owns and manages the Anantaya chain of luxury resorts.

Wattala gets redesigned Odel department store

The bustling suburb of Wattala was granted bragging rights to a new dimension in fashion and lifestyle retail when ODEL and Burger King came together at one spacious location to offer residents and passers-through better access to some of the global brands represented by the Softlogic Group.

EPSI expands e-commerce offering with Takas.lk partnership

Sri Lanka’s pioneering total PC solutions provider EPSI Technology (Pvt) Ltd announced an exciting new partnership with dynamic e-commerce retailer Takas.lk for the resale of a vast variety of sophisticated IT-based products. 

Speed Motors opens new showroom

  The new showroom of Speed Motors (Pvt) Limited was ceremonially opened in Borella recently.