Inflation to remain at single digit levels: CB

Sri Lanka’s inflation will remain firm at single digit levels and has very little chance to rebound to the double-digit levels

Central Bank mulls regulatory exemptions for banks, corporates to borrow overseas

In another bid to attract the much needed foreign exchange to the country, the country’s Central Bank is 

False promises!

A man rides a bicycle in Colombo on March 16 during a power cut. Despite the government’s assurance that

UTE’s ‘World Class’ training centre receives top award

United Tractor & Equipment (Pvt) Ltd.’s training centre has received many accolades from a host of high 

SALA Enterprises introduces Airwheel electric scooters

SALA Enterprises, a leader in Information & Communication Technology in the country’s IT sphere, has 

Arpico opens spacious Superstore in heart of Malabe

The Arpico r e t a i l chain has opened its 18th hypermarket at Malabe, offering residents of the suburb

Acecam introduces solutions to bring modern technology to local industries

Acecam (Pvt) Ltd., has been involved with the manufacturing industries in Sri Lanka to change their perspectives

Collate 2016 gives opportunity to experience full range of Canon and Oce print solutions

Metropolitan Office Pvt Ltd, the Platinum sponsor for Collate 2016 will showcase the full range of Canon and

The paradox of women in the Middle East – Piloting a plane while still unable to drive

On the one hand, we are appalled by the treatment of women and children (and of course men) by the Islamic State of Iraq and Syria (ISIS), which has somehow succeeded in emerging as a ruthless alternate to the parochial rule of the Middle East. Why and how such actions are tolerated in the civil world is one beyond the comprehension of average folk like you and me. The ISIS treats women as objects to be used, discarded and killed, often in one se

Global Towers unveils country’s first panoramic-roofed ballroom

Working on an ethos of pioneering initiatives for the hospitality industry, Global Towers, which was the first commercial property to open its doors on the Marine Drive in 2002, unveiled Sri Lanka’s very first panoramic and all-weather banqueting space on its rooftop recently.  

EU pledges Euro 43.7mn to Sri Lanka’s rural development agenda

Sri Lanka is slated to witness a boost in its rural development agenda with the European Union (EU) pledging support by way of grant and technical assistance worth Euro 43.7 million.  

CNN’s Richard Quest meets PM

Richard  Quest  (Editor-at-large - CNN Money and host of  Quest  Means Business and CNN Traveller), who was on a 12-hour visit to Sri Lanka, is seen in conversation with Prime Minister Wickremesinghe at Temple Trees. CNN Director Southeast Asia Sonali Chatterjee, CNN Business Representative for Sri Lanka Annika Senanayake, Advisor Dinesh Weerakkody and de Alwis were associated in the discussion.

‘Colombo Bike Week’ to boost recreational tourism

The ‘Colombo Bike Week’ event is another boost to the recreation tourism product line with a growing global trend, where the affluent people indulge in an interest or passion which is an opportunity for countries to attract top-dollar tourists provided the country has the unique terrain to meet the expectations of the visitors. 

Laugfs Lubricants expands to Northern Province

Laugfs Lubricants (Pvt) Ltd, the first Sri Lankan company to enter the local lubricant industry back in 2008

Land Rover powers ‘British Car Day’

Land Rover together with The Classic Car Club of Ceylon conducted the ‘British Car Day’ on March 13th. 

Will India lead the next wave of global economic growth?

Global growth has been tepid since the global financial crisis broke out almost 10 years ago, having declined from an average of 4.5 percent during the five years preceding the crisis to 3.5 percent over the past five years. Both advanced economies and emerging markets have suffered. Given that global trade was growing significantly faster than global gross domestic product (GDP) in the pre-crisis period on the back of global production chains, t

LG launches ‘SIGNATURE OLED TV’ at Innofest Asia 2016

LG Electronics unveiled its new ultra-premium LG Signature products range at Innofest 2016 Asia, in Seoul,

S-lon wins JASTECA Merit Award for CSR

S-lon Lanka (Pvt) Ltd., the premier water management solutions provider and the market leader in thermoplastic pipes in Sri Lanka, was honoured with a Merit Award for CSR at the annual JASTECA Awards 2015

An Insurance Plan That Never Retires

ATL Life ( Amana Takaful Life ) recently launched another innovative life insurance product by introducing the first-ever Shari’ah compliant retirement plan – “DeergaYou” . This break through product caters to the growing demand for a pension plan

Leo Burnett only Sri Lankan agency to securea coveted spot on the Warc 100 list

Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett World wide recently secured its place on the Warc 100 long-term ranking list.

Samsung launches Galaxy S7 and Galaxy S7 edge in Sri Lanka, powers them with 7 Meaningful Innovatio

Samsung Electronics today announced the launch of its much-awaited flagship devices, Samsung Galaxy S7 and Galaxy S7 edge,in Sri Lanka. Amongst many other path-breaking innovations,

Nation Lanka Finance’s (NLF) Rs. 502 million Rights Issue oversubscribed

Nation Lanka Finance’s Rights Issue worth Rs. 502 million closed recently and was successfully over subscribed, with applications exceeding the initial share allocation

Hyundai and Kia show interest in Trincomalee harbour

South Korean industrial giants Hyundai and Kia have expressed interest in setting up a steel mill and car manufacturing

Senasinghe warns action against officers uncomplying with govt. determination

In an attempt to ensure the exporters get their products on to the global shelf in a seamless manner, the

Hayleys buys 75% in familyowned Fentons for Rs.722mn

The diversified conglomerate, Hayleys PLC acquired 75 percent stake in Fentons Limited, one of the leading

Consumer is No King in SL!

The corporate cliché ‘Consumer is King’ applied world over is yet to spill into Sri Lanka with the buyer segment

Carl Cruz assumes duties as Unilever Sri Lanka Chairman

With effect from March 1, 2016, Carl Cruz assumed duties as Chairman of Unilever Sri Lanka, taking the

TPP in focus at int’l trade confab in Colombo

A high-level trade confab in Colombo attended by reps from the Commonwealth, Canada’s International Institute on Sustainable Development (IISD), Netherland’s South Centre, New Delhi reps and 

HNBA launches Liya Harasara fourth edition

HNB Assurance PLC., recently announced the launch of Liya Harasara from 8th March to 8th April to coincide with International Women’s Day that was commemorated on the 8th of March.  This is the fourth consecutive year that the company is conducting this program whereby women could avail themselves of a free year’s life cover of up to Rs. 1 million. 

CIM creating awareness about ‘Role of Marketing’

The Chartered Institute of Marketing, Sri Lanka conducted another awareness programme among the Sales and Marketing executives of Union Bank and DFCC Bank recently.