City skyline

Tourists at the Griffith Observatory observation deck look out at the Los Angeles city skyline as heavy smog shrouds the city in California.

Computex tech trade show

A cameraman works in front of a logo of the Computex tech trade show at the World Trade Center

Chipmaker Intel to buy Altera for US $ 16.7bn

Chipmaking giant Intel announced yesterday it will acquire the much-smaller Altera for US $ 16.7 billion,

Rare Apple I computer put into recycling

A San Francisco recycling centre is seeking a woman who may have handed over a rare Apple I computer by mistake.

New privacy app takes page from NSA technology

Before the National Security Agency began complaining about being shut out of encrypted devices,...

Google working with Levi Strauss to make smart clothes

Google announced that it is working with iconic US jean maker Levi Strauss to make clothing from specially...

UAE firms targeted by cyber spying

Companies in the UAE are among those recently targeted by hackers which managed...

Japan’s pension system hacked with 1.25 mn personal data leaks

Japan’s pension service said yesterday it suffered a hack attack that led...

May inflation increases to 0.2% over higher food prices

During the 12 months to May 2015, Sri Lanka’s headline inflation measured by the Colombo....

Sri Lanka tourism urged to rethink its branding strategy to lure new age traveller

Sri Lanka tourism should completely rethink its tourism branding strategy to leverage its culture,...

Shares down to near 5-week low ahead of holiday

Sri Lankan shares ended near a five-week low in thin trade yesterday ahead of a public holiday,...

Sri Lanka’s March trade deficit narrows 13.5% YoY to US $ 520.5mn

Sri Lanka’s trade deficit narrowed 13.5 percent to US $ 520.5 million in March from US $ 602 million a year earlier,...

Fitch rates NDB’s subordinated debentures final ‘A+(lka)’

Fitch Ratings Lanka has assigned National Development Bank PLC’s...

Rupee forwards up; spot trading resumes

Sri Lankan rupee forwards ended firmer yesterday as the spot currency started to trade after the island nation raised....

World’s tallest residential skyscraper

Indian labourers work at the site of what developers hope will be the world’s tallest purely residential skyscraper...

Importers told to get tough on Customs

Experts asked importers to not give Sri Lanka Customs any room to make excuses, to push the potential of Customs officials to the limit, and to speak up against foul play during a recent forum organized by the Ceylon Chamber of Commerce.

Institute of Directors organises ‘Saying No To Corruption’ forum

?The Sri Lanka Institute of Directors (SLID) has organised another Power Evening, a public forum, captioned ‘Saying No to Corruption! Can Corporates Draw The Fine Line?” on June 9, 2015 at The Kings Court, Cinnamon Lakeside Colombo.

Carbon Consulting Company to strengthen sustainability strategy with Forum for the Future

?Sri Lanka’s Leading sustainability consulting firm The Carbon Consulting Company (CCC) announced that it is strengthening its strategic expertise with an international partnership with leading global sustainability non-profit, Forum for the Future. 

Lamudi examines change in residential property market

?It is not an easy task to meet the needs of the residential property market. With a mass of residential properties on the rise, understanding what house-hunters are looking for can be a challenging task for a developer.

India’s RBI set for third interest rate cut of the year

?AFP - India’s Central Bank is expected to cut interest rates for a third time in five months when it meets this week, confident that inflation is stable enough to weather the summer monsoon.

American Express president Ed Gilligan dies

?BBC: American Express said its president, Ed Gilligan, died after becoming ill on a flight to New York.

CDB posts Rs 701 mn FY 2014/15 PAT

Citizens Development Business Finance PLC (CDB) posted a noteworthy 25 percent growth in Profit After Tax to notch Rs 701 million as profit, as detailed by interim results released to the Colombo Stock Exchange.  

Würth’s Construction Division powers IESL’s ‘Question Time’ programme

?The Monthly ‘Question Time’ programme conducted by Institution of Engineers of Sri Lanka (IESL) was held recently and was sponsored by Division Construction of Würth Lanka (Pvt.) Ltd. 

Big ideas for small business managers : Is price the most important driver to customer purchasing be

?We are still talking on the subject of preparing the business plan and today we briefly review on the second part of the Marketing Mix – ‘pricing’. 

Creative Solutions launches GiftSmart.lk

?Creative Solutions (CSL) presents its latest product - GiftSmart.lk - a revolutionary gift solution. GiftSmart.lk is a new concept which shifts the power of choice from the gift giver to the receiver, while it preserves the sentimental value of gifts by allowing you to personalize your GiftSmart cards.

AMW unveils state-of-the-art Nissan showroom

?Associated Motorways (Pvt.) Ltd (AMW) opened a totally revamped, state-of-the-art showroom for Nissan automobiles at its head office in Colombo recently, offering patrons a totally new customer experience.

AMW introduces special battery for 4-stroke three-wheelers

?Associated Motorways (Private) Limited, the leader in the automobile sector in Sri Lanka, recently introduced a battery specially manufactured for three-wheelers.

Land Rover #Readytodiscover Amazing Colombo Romp creates excitement in Colombo

?Land Rover, the iconic British brand, recently partnered with Amazing Adventures Lanka to host the Land Rover #Readytodiscover Amazing Colombo Romp. The event was part treasure hunt, part Amazing Race and part puzzle. 

Benefits of investing in stock market

?There are many benefits of investing in shares and we will explore how this common form of investment can be an effective way to make money.

Allianz Lanka introduces ‘Allianz Selfie Quotes’ for motor insurance

?Allianz Lanka has introduced yet another innovative business solution to customers in Sri Lanka. Now insurance intermediaries such as insurance brokers, leasing companies and financial services institutions can generate speedy, automated ‘selfie’....