Austrian Airlines inaugurate flights to Sri Lanka

The inaugural flight Boeing 767 of Austrian Airlines, the flagship carrier of Austria touched down at Bandaranayke International Airport on 28th October 2015.

DB Schenker partners with Aitken Spence in Sri Lanka and Maldives

?As at September 1, 2015, DB Schenker welcomes DBS Logistics Ltd as its newest network partner for Sri Lanka and Maldive Islands. DBS Logistics Ltd was formed to solely represent DB Schenker in Sri Lanka and Maldives for Air & Ocean Freight as well as Project Cargo. 

Clogard’s Fresh Blast gel range revolutionizes oral care

?Add an extra spring to your step as you step out into your day each morning with a mouthful of flavor and freshness with Clogard’s newest and freshest oral care range – Clogard Fresh Blast.

Wedagama Horiwila Physicians’ House introduces Osunima cough syrup and sandhi thailaya

?A line of Ayurvedic medicines, that was brought to you, under the brand-name “Osunima” by the Wedagama Horiwila Physicians’ House, along with the Sri Lankan identity and the trust built over long generations, was recently introduced to the local market. 

Ceylinco Diabetes Centre’s special offers back this November

?The Ceylinco Diabetes Centre has announced that it will once again offer discounted diagnostic packages and other special benefits throughout November, to encourage screening for, and better management of, diabetes.

NMRA should recognise SLCPI as key stakeholder– Chamber President

The 54th AGM of the Sri Lanka Chamber of Pharmaceutical Industry was held earlier this month with Minister of Health, Nutrition and Indigenous Medicine, Dr. Rajitha Senarathne gracing the occasion as Chief Guest whilst the Chairman of the NMRA

Sri Lanka’s interest rates should rise in coming months: economist

Amid Finance Minister Ravi Karunanayake calling for 100 to 200 basis points cut in interest rates, a senior economist in the country cautioned against such a move and instead said the interest rates should be increased.

Three cases reopened, investigation division to expand in Nov., says SEC Chairman

LBO: The Securities and Exchange Commission of Sri Lanka (SEC) has reopened three cases as part of probes that will be carried out by an expanded investigations and enforcement division, the SEC Chairman said.

JKH leisure sector numbers reflect changing tourism landscapes in Sri Lanka, Maldives

The leisure sector performance of the country’s premier blue chip John Keells Holdings (JKH) shows the changing picture of tourism in Sri Lanka and the Maldives

Chevron Lanka 3Q net profit up 11%

?Chevron Lubricants Lanka PLC, the local unit of US-based multinational, saw its September quarter (3Q15) net profit increasing 11 percent year-on-year (YoY) to Rs.834.76 million.

Govt. should restart debate on reforming regulatory structure: Eran

?The government should restart an old debate to decide on the reforms required for the current regulatory structure in the country, State Enterprise Development Deputy Minister Eran Wickramaratne said.

Carson group’s real estate subsidiary to go private

Equity One PLC, a real estate subsidiary of diversified conglomerate Carson Cumberbatch PLC, announced that it intends to delist from the Colombo Stock Exchange (CSE).

Access Engineering Rs.5bn debt issue gets CSE nod

?Access Engineering PLC yesterday received the principle approval to list its debt securities on the Colombo Stock Exchange (CSE).

Sri Lanka Telecom opens trading at CSE

Sri Lanka Telecom PLC (SLT) opened trading on the Colombo Stock Exchange (CSE) yesterday. This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 Index. 

Pizza Hut Union Place reopens with new look

Pizza Hut’s flagship restaurant at Union Place has been refurbished to bring an all new dining experience.

EBC takes new stance on radio

Over the years, the three stations owned by the EAP Edirisinghe Group of Companies, Shree FM, Ran 1 FM & E-FM, executed some of the most innovative radio promos and interactive programs, ...

Velvet soap marks ten years touching millions of Sri Lankans

?A decade ago, the dawn of a new era in beauty soap began with the launch of Velvet, a 100 percent locally manufactured soap bar. 

Ceylon Solar powers latest branch in Kandy

Ceylon Solar Power (Pvt) Ltd which has been in the forefront of providing solar solutions ceremoniously opened its  latest branch in Kandy on the 17th of October to cater to the growing need of solar systems and to introduce new solutions to residents in the region. 

Abans opens new service centre in Matara

In an attempt steered towards easing the convenience of consumers further, Abans service centre has recently marked its presence in yet another district in the country. 

Photo Technica-Nikon launch Mynikkor campaign in Sri Lanka

?Photo Technica, the sole official distributors for Nikon cameras in Sri Lanka region launched the new Mynikkor campaign recently.  

SLCB and SriLankan host Chinese travel agents

Sri Lanka Convention Bureau together with SriLankan Airlines hosted a group of 15 travel agents recently and were shown many locations and attractions in Sri Lanka including MICE facilities in the country.

Forest Rock Garden Resort wins Quality award

The Forest Rock Garden Resort in Anuradhpura has been appreciated for its commitment to excellence presenting it with Gold Award for “International Star for Leadership in Quality (ISLQ) by the Spanish based Business Initiative Directions (B.I.D).  

Emirates partners with Oxford University to launch data science lab

?Emirates has launched a data science lab in a five-year partnership with Oxford University.

EAP Leisure upgrades banquet halls and service of Hotel Sapphire, Concord Grand Hotel

EAP Leisure’s Hotel Sapphire and Concord Grand Hotel recently refurbished their banquet halls and are now offering guests an enhanced banquet service for corporate gatherings and events. 

Qatar Airways’ Los Angeles pop-up event a huge success

?Thousands of Los Angeles residents turned out to enjoy the “Discover Qatar Airways” pop-up event, hosted throughout the weekend at The Grove.

StanChart’s Global Head to deliver keynote speech

 Mark Devadason, The Global Head of Sustainability of the Standard Chartered Bank will be the keynote speaker at the upcoming ‘Best Corporate Citizen Sustainability Award 2015’, which is organized by the Ceylon Chamber of Commerce, the country’s premier business Chamber.

Sri Lanka Track II delegation to hold meeting with China’s SIIS

Sri Lanka Track II delegation, scheduled to leave for China on November 4, for a meeting with the Shanghai Institutes for International Studies (SIIS), had a briefing session with Yi Xianliang, Ambassador for China at the Chinese Embassy on 30th October. 

Plantation Industries Minister meets World Bank Country Director

Minister of Plantation Industries Navin Dissanayake met World Bank Country Director for Sri Lanka and the Maldives Francoise Clottes at the Ministry recently.

SL, Pak call to boost bilateral trade towards US$ 1 bn mark

The President of the Sri Lanka- Pakistan Business Council, Rohitha Thilakaratne said the FTA between the two countries has not been fully utilized yet, and that the stakeholder subcommittee would act as a technical committee to make sure that the FTA is fully functional.

HSBC beats profit expectations on drop in fines

REUTERS:  HSBC reported a better than expected 32 percent rise in pre-tax profit for the third quarter, with a drop in fines for past misconduct countering the impact of a slowdown in Asia and a jump in spending on regulatory compliance.