Etihad Airways announces new appointments within global sales team

?Etihad Airways, the national airline of the United Arab Emirates (UAE), has announced new key appointments within its commercial division which will support the airline’s growth and expansion plans. 

Thailand admits ‘urgent’ need to improve aviation safety

?AFP: Thai authorities yesterday said they would use special powers under junta rule to “urgently” improve airline safety as several carriers face bans on new international flights, following concerns raised by a UN aviation agency.

British economy grows faster than expected

?AFP: Britain’s economy grew faster than expected in the final quarter of last year, revised official data revealed yesterday.

Cheeky little service that lets you order a take-away on your phone or the web

?Menu.lk is the primere online take-away system in Sri Lanka owned and operated by Serendib Capital Partners (Pvt) Ltd. The system provides consumers to order in real time from their local independent takeaway restaurants via a single online portal. Further, the portal gives consumers the privilege to scan through the full menus of restaurants in their selected locality to find their favourite cuisines. The added benefits are exclusive offers tha

Chevron Lanka chief renews call for lubricants industry regulator

Chevron Lubricants Lanka PLC (CLLP) Managing Director/CEO Kishu Gomes renewed his call for an effective regulator for Sri Lanka’s lubricants industry in his address to shareholders in the company’s latest annual report. 

New appointments to private banks to end cronyism: Harsha

?The new government will be appointing its own directors to commercial banks to end the cronyism practiced by the previous regime, according to the Policy Planning and Economic Affairs Deputy Minister.

Tissa Nanayakkara appointed as Depty. Chairman Lanka Hospitals board

?Tissa Nanayakkara has been appointed as an Independent Non-Executive Director/Deputy Chairman of Lanka Hospitals Corporation PLC with effect from March 2015.

Open Trade Gate of Sweden wants Lankan exporters to tap Swedish market

?Open Trade Gate of Sweden (OTGS), which acts as a facilitator to potential exporters to Sweden, urges Sri Lankan exporters to tap the huge potential existing in the Scandinavian market, including Sweden.

Small and medium-sized industries to get credit line for off-grid renewable energy projects

?Small and medium-sized industries will get state loans to pursue the development of non-conventional renewable energy sources, according to the new plan of the Power and Energy Ministry.

Shares fall for 6th session on margin calls, political woes

REUTERS: Sri Lankan shares fell for a sixth straight session yesterday and closed at their lowest in more than eight months as mostly retail investors sold their stocks to settle margin trading, while political worries also weighed on sentiment.

German ICT developer eyes expansion with regime change

?German information communication technology(ICT) developer eves_IT AG, which has been operating its support centre in Sri Lanka, is looking to expand and diversify its presence in the country with the change of regime.

Singhe Hospitals IPO oversubscribed

?Despite concerns of a possible case of undersubscription, the Initial Public Offer (IPO) of Singhe Hospital Limited, a regional hospital located in Ratnapura, was oversubscribed amid some high-net-worth investor interest.  

Emergency Medical Assistance Services for ATL customers

As part of its promise to make insurance open to all, ATL (Amãna Takaful) ATL recently partnered with Falck Sri Lanka to provide its individual medical insurance policyholders with access to world-class Emergency Medical Services (EMS). As part of the strategic partnership, all of Amãna Takaful’s ‘Hale & Hearty’ and ‘KruthaGuna’ policyholders will be entitled to free pre-hospital emergency care, pro

Microsoft and Redington tie-up to deliver technology solutions to distant SMEs

Microsoft Sri Lanka announced that it has just entered into an agreement with Redington Sri Lanka to distribute its software and services across the island.   Redington, who entered the Sri Lankan market as a networking business back in 2002....

Sri Lanka gets free Wi-Fi

Sri Lankan citizens are now able to enjoy the free Wi-Fi service at key public locations, which was one of the election promises of President Maithripala Sirisena.

Huawei powers 23rd edition of Fox Hill Supercross

?Huawei, the leading global Information and Communications Technology (ICT) solutions provider and the number two smartphone brand in Sri Lanka came forth as the main sponsor for the premier racing event in Sri Lanka Fox Hill Supercross 2015. 

Lanka’s ICT sector will benefit from EU investment upsurge: German envoy

Sri Lanka could see an upsurge in foreign direct investments (FDIs) from the European Union in the near future, especially in the ICT sector. “The West is thinking of investing in Sri Lanka. 

Volvo Eicher launches Pro series trucks and buses in Sri Lanka

Volvo Eicher Commercial Vehicles Ltd (VECV), a joint venture between global automobile giant Volvo and India’s Eicher Motors Limited, recently launched its next generation Pro series light and medium trucks and buses in Sri Lanka, in collaboration with its local trading partner, the Senok group.

Euro Motors holds annual conference and award ceremony

?Euro Motors, the sole agent of JAC, the fastest moving brand-new light commercial trucks in Sri Lanka, held its annual conference and award ceremony at the BMICH recently.

Kia Motors releases 7-seat Carnival Limousine in Korea

?Kia Motors, Korea’s second-largest carmaker, started to sell its seven-seat Carnival Limousine in the domestic market from yesterday, providing more options for consumers seeking to buy premium minivans. 

Toyota to increase Japanese hybrid sales to 50% in 2016

Toyota is aiming for one out of every two cars sold in Japan next year to be a gasoline-electric hybrid. Japan’s largest automaker sold 684,000 hybrids last year, according to the Nikkei Asian Review.

Holcim Sanstha wins big at SLIM Nielsen People’s Awards

?For the 04th consecutive year, Holcim Lanka won the “Housing and Construction Brand of the Year” category at the 9th SLIM Nielsen People’s Awards 2015. For SLIM Nielsen Awards, research was...

Vardana’s Best Life offers special rates for overseas pilgrimages

?For every Buddhist, visiting a world famous Buddhist monastery in India or Thailand where the pure Theravada Buddhism still prevailing, is a lifetime opportunity. 

Sinopec ‘Rata Savari’ gives customers chance to travel overseas

?Sinopec has offered their loyal customers a lifetime opportunity to travel overseas. The offer will benefit the users of their world-class products, Sinopec Justar 10W-40 and 20W- 50 lubricants. 

Asian Alliance Insurance enters Kilinochchi

?The newest addition to the regional distribution Network of Asian Alliance Insurance PLC was ceremoniously opened at A9 Road, Kadirapokku Junction, Kilinochchi recently. 

Jewel Laurel continues dazzling legacy at TURRET

?TURRET, the luxury brand store continues to deliver a unique experience to its expanding clientele with their array of top luxury brands of watches, writing instruments and clothing. 

Janashakthi Insurance hosts motor clinic in Jaffna

?Janashakthi Insurance recently held the latest of a series of motor clinics in Jaffna on March 21st and 22nd.  Those who participated in the clinic, held at the Jaffna Ground opposite public library, benefited from free vehicle scanning which would ordinarily cost over Rs. 7000. 

Indo-Lanka FTA bottlenecks should be eased before CEPA: Chamber

?According to a media report, a high-powered Bilateral Committee is to be set up to prepare a new draft frame work for fresh negotiations between India and Sri Lanka related to the CEPA. 

Oasis Marketing signs historic agreement with IFS

?Oasis Marketing (Pvt) Ltd was formed 18 years ago, and is a leading national fertilizer company that is specialized in nature conservation. 

Leo Burnett bags 3 Silver awards for Mosquito Repellent Newspaper

?Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide, recently won three Silver awards at the prestigious ADFEST 2015 annual advertising festival, which took place in Pattaya, Thailand.