Shares end up 2nd straight session

REUTERS: Sri Lankan shares rose for the second straight session yesterday as investors bought diversified shares such as market heavyweight John Keells Holdings PLC, brokers said.

This week tea auction proceeds with lower quantity but good demand

The tea auction this week saw a relatively small quantity of 4.9M/kgs come under the hammer but a good demand was observed consequent to the lower volumes and the absence of an auction last week on account of the Sinhala and Tamil New Year.

Sri Lanka 5-day rupee forwards steady on dlr sales, moral suasion

REUTERS: Sri Lankan five-day rupee forwards traded steady yesterday on selective dollar sales by a state bank and as moral suasion by the Central Bank prevented a fall, despite demand for the greenback from importers, dealers said. Forwards, which are known as spot next and act as a proxy for the spot currency, were trading at 146.50/80 per dollar at 0545 GMT compared with Tuesday’s close of 146.50/60.

Leo Burnett Worldwide acquires majority stake in Solutions Group

Leo Burnett Worldwide, a part of the Publicis Groupe announced the acquisition of a majority stake in the Solutions Group, the leading communications company based in Sri Lanka. A As part of the acquisition, Leo Burnett Sri Lanka and Arc Worldwide Sri Lanka will now be fully integrated into Publicis Communications, one of Publicis Groupe’s four Solutions hubs regrouping all creative communications activities.

Milling team behind 7 Star success story

Serendib Flour Mills (Pvt) Ltd., was set up with the objective of providing an uninterrupted supply of wheat flour to Sri Lankan consumers, manufactured in a state-of-the-art mill, guaranteeing superior quality and hygiene. Led by a cutting-edge team with deep expertise in the art of milling, Serendib Flour Mills is backed by the  Al-Ghurair investments in Dubai, UAE. 

CEAT India picks Sri Lanka for mega sales and regional conference

Several key strategic decisions relating to the tyre business were taken at a conference in Colombo this week when manufacturing giant CEAT Limited conducted its annual sales and regional conference in Sri Lanka for the first time.

Talent sparks at “Laugfs on stage” grand finale

The grand finale of ‘Laugfs on Stage’, Laugfs’ very own in-house talent show, was held recently at the Musaeus College Auditorium, showcasing the many creative talents of its diverse team across the group.

Sri Lanka 5-day rupee forwards steady on dlr sales, moral suasion

REUTERS: Sri Lankan five-day rupee forwards traded steady yesterday on selective dollar sales by a state bank

Milling team behind 7 Star success story

Serendib Flour Mills (Pvt) Ltd., was set up with the objective of providing an uninterrupted supply of wheat flour to 

Sri Lanka currently not a destination for sustainable tourists despite industry efforts: expert

Sri Lanka is currently not a destination for sustainable tourists despite industry efforts, but new investments

Leo Burnett Worldwide acquires majority stake in Solutions Group

Leo Burnett Worldwide, a part of the Publicis Groupe announced the acquisition of a majority stake in the 

Commercial Bank supports Ranaviru Sevana ‘Avurudu’ celebrations

The ‘Avurudu’ celebrations of ‘Ranaviru Sevana,’ the rehabilitation centre in Ragama for disabled war heroes, 

Holcim Lanka signs MoU as technical consultancy partner for second year

Holcim Lanka, a member of the LafargeHolcim Group, a global leader in the construction material industry, 

CEAT India picks Sri Lanka for mega sales and regional conference

Several key strategic decisions relating to the tyre business were taken at a conference in Colombo this

Shares end up 2nd straight session

REUTERS: Sri Lankan shares rose for the second straight session yesterday as investors bought diversified

Inconsistency continues to mar government policy

Further confusion was created yesterday over the government’s tax policy with State Minister for Finance Lakshman 

Talent sparks at “Laugfs on stage” grand finale

The grand finale of ‘Laugfs on Stage’, Laugfs’ very own in-house talent show, was held recently at the Musaeus

TFO shines light on climate action to lead an environmentally-conscious lifestyle

On the 19th of March, Earth Hour 2016 was honoured by millions around the world as well as our country.

This week tea auction proceeds with lower quantity but good demand

The tea auction this week saw a relatively small quantity of 4.9M/kgs come under the hammer but a good

Green Energy Champion Sri Lanka launched as “CarbonNeutral Event”

PR Wire, Sri Lanka’s first ever CarbonNeutral Public Relations firm, recently partnered with international 

HNB climbs the ‘peak’

Going forward in ‘Banking Beyond Transactions’, HNB, under its CSR pillar Care for Nature, have funded a project to clean the garbage at the Adams Peak (Sri Pada).

SocialService.lk to celebrate Avurudhu with visually impaired

Every year the country celebrates Sinhala and Tamil New Year in large scales but the community at large

Leo Burnett Worldwide strengthens the ownership of its Sri Lankan operations

Leo Burnett Worldwide, a part of the Publicis Groupe [Euronext Paris: FR0000130577, CAC40] today announced the acquisition of a majority stake in the Solutions Group,

Expedition to Mount Everest - Jayanthi and Johann arrive at Everest Base Camp

JayanthiKuru-Utumpala and Johann Peries have successfully trekked to Everest Base Camp. They are at the South Base Camp, which is in Nepal at an altitude of 5,380m (17,600 ft)

Meet the Milling Team behind 7 Star to become the No.1 choice in Sri Lanka

Serendib Flour Mills (Pvt) Ltd., was set up with the objective of providing an uninterrupted supply of wheat flour to Sri Lankan consumers, manufactured in a state-of-the-art mill

DFCC Bank Launches Innovative Mobile Payment Solution; Vardhana Virtual Wallet

DFCC Bank PLC has introduced an innovative mobile payment  solution - Vardhana Virtual Wallet - which is equivalent to having cash in hand.

Government seeks US $ 3.1bn from private sector for LRT system

A leading logistics expert in the country recently charged that the government is seeking a whopping US $ 3.1billion

Shares edge up; eyes on IMF loan deal

REUTERS: Sri Lankan shares ended slightly firmer yesterday as investors turned cautious ahead of an imminent

World’s oldest barbershop set to start business in Sri Lanka

Oscar Wilde, Charles Dickens, Beau Brummell, Lord Byron and Frank Sinatra’s favourite barbershop - Truefitt & Hil

Ceylon Chamber organized Sri Lanka – Turkey Business Forum to be held in May

The Ceylon Chamber of Commerce will organize a Sri Lanka –Turkey Business Forum in May, which will be