Litro Gas Lanka provides modern LPG cooking facilities to 100 places of worship

Celebrating International Vesak Day 2017, Litro Gas Lanka Limited, the largest importer and supplier of LP Gas in Sri Lanka plans to provide modern cooking facilities to 100 selected places of worship across the island. 

Lanka Social Ventures to launch Green Business Accelerator programme

Sri Lanka is facing a multitude of environmental concerns resulting from pollution of water and soil caused by excessive use of agro chemicals, disposal of non-degradable items such as plastic polythene to water ways and soil, illegal felling of trees, mining of sand in river beds etc. 

Biodiversity Sri Lanka to commemorate International Day of Biological Diversity

Biodiversity Sri Lanka will commemorate the International Day of Biological Diversity which falls on 22nd May each year, with an evening session on the UN designated theme for 2017: ‘Biodiversity and  sustainable tourism’.

Kanrich Finance launches ‘Kanrich Liya Saviya’ Avurudu fair in Kandy

With a rich and trusted heritage of over 45 years, Kanrich Finance has always been in the forefront as a pioneer financial institute in Sri Lanka. 

The economic school you’ve never heard of

Mainstream economics is under heavy pressure. Consistently wrong policies and forecasts have damaged the field dubbed ‘the dismal science’. But what do critics propose should supersede the prevailing neo-Keynesian and neoclassical schools? Almost all alternative economists are calling for more government involvement to ‘fix’ the free market and make it work better.

Standard Chartered launches new Parental Leave plan

Standard Chartered parents now enjoy an enhanced Parental Leave plan, which came into effect across the group’s markets with effect from April 1, 2017.

361 Degrees marks another successful year as Sri Lanka’s largest HR solutions provider

361 Degrees, Sri Lanka’s largest teambuilding, leadership, engagement, innovation, strategy and soft skills service provider, reached another significant milestone as it achieved its best-ever performance during the 2016/17 financial year.

Training duo Sanjeev and Kumar pool strengths to build ‘The Smart Professional’

Well-known trainers Sanjeev Jayaratnam and Kumar de Silva have teamed up once again to host yet another of their popular motivational, skills development and corporate etiquette workshops on Wednesday, May 31, 2017, at Galadari Hotel in Colombo.  

WISTA Sri Lanka and CASA’s YSP host Career Day 2017

The Women’s International Shipping and Trading Association (WISTA) Sri Lanka partnered with Young Shipping Professionals (YSP) of CASA and very successfully organised Career Day 2017, a programme for students from schools in the Galle District, at Hall de Galle, recently.

Sampath Bank holds ‘25 Years of Service Awards 2017’

Sampath Bank felicitated its loyal staff members who completed 25 years of service at the bank.

Iconic Galaxy welcomes Jacqueline Fernandez as a resident

Iconic Galaxy is Jacqueline Fernandez’s first Sri Lankan address. The popular Bollywood mega star, cine personality and model, has just bought a four-bedroom apartment in the luxury property, perched on the trunk route of Jayewardenapura - Buthgamuwa Road. 

Locwid introduces FRP roofing technology to Sri Lanka

Traditional flat roofs have long been the bane of the construction industry. They are slow to install and once finished, are extremely heavy, adding deadweight to the roofing structure and possible damage. 

Ekroma-Design Advocacy bring Colombo’s boutique apartments to life

Bringing the concept of boutique apartments to life, Ekroma Realtors, a Board of Investment (BOI)-approved real estate and development company, has a vision of introducing uniquely designed living spaces to discerning Sri Lankan homeowners. 

Construction Expo 2017 – Only green building exhibition in Sri Lanka

Sri Lanka’s largest and most focused constriction related exhibition, Construction Expo 2017, featuring all aspects related to the construction and building industry, will be held on June 2, 3 and 4, at the BMICH.

Paramount identifies millennials’ living trends

Since the millennial generation or Gen Y is considered to be anyone born between 1980 and the late 90s, the bulk of this generation has graduated college/university. They have jobs and are looking to live independently. Looking at the household living patterns across the globe, it is evident that millennials prefer vertical living options for a number of reasons. 

Queen Star World to open Meegoda showroom today

Queen Star World, offering a wide range of furniture, from office to household furniture, will be opened today, at No: 268/5, High Level Road, Watareka, Meegoda. 

Ceylinco Life breaks new ground with Sri Lanka’s first retirement resort

Can life truly begin at 60? Sri Lanka’s life insurance leader Ceylinco Life believes the answer is yes, for ‘active retirees’, and has created the country’s first retirement resort for this segment.

Union Bank introduces affordable transaction banking technology to SMEs

Union Bank recently hosted its small and medium enterprise (SME) clients in the Colombo region to an educational session on Union Bank Biz Direct.  

Landmark MoA paves way for CIMA members to obtain CA Sri Lanka membership

The landmark memorandum of agreement (MoA) signed between two of the country’s leading accounting bodies, has now paved the way for CIMA members to obtain the membership of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the national body of accountants. 

Rupee edges down on importer dollar demand; stocks rise

REUTERS: The Sri Lankan rupee weakened slightly yesterday as mild importer dollar demand surpassed selling of the U.S. currency by exporters, dealers said.

Shares end at 1-yr high on foreign buying, trade concession

REUTERS: Sri Lankan shares hit a one-year closing high yesterday with foreign investors buying blue chips such as John Keells Holdings PLC and as the island nation regained a trade concession from the European Union (EU).

Sri Lanka PM eyes increased infrastructure investment from China: Xinhua

REUTERS(Beijing): Sri Lankan Prime Minister Ranil Wickremesinghe told Chinese President Xi Jinping yesterday that he welcomed increased Chinese investment in Sri Lanka’s major infrastructure projects, Chinese state media said.

UAE-based Lulu Group to inaugurate Lankan agri export centre today

UAE-based conglomerate Lulu Group will today inaugurate its state-of-the-art logistics and packaging centre that will be deployed to store, package and export fruit, vegetables and other commodities  from Sri Lanka.

Standard Chartered’s Regional CEO in town

Standard Chartered Bank’s Regional Chief Executive Officer for ASEAN and South Asia, and CEO of Commercial and Private Banking business globally, Anna Marrs, is on an official visit to the Colombo office. 

Manufacturing and services activities flat in April

Manufacturing and service activities remained flat in April as Sri Lanka was gripped by the island’s biggest holiday season, the SL Purchasing Managers’ Index (PMI) issued by the Central Bank Statistics Department indicated.

Hayleys Fabric 4Q in red but posts profit for full year

Hayleys group knitted fabric manufacturing unit, Hayleys Fabric PLC, turned a net loss of little under two million rupees or a loss per share of 1 cent from a profit of Rs.53 million a year ago for its January – March quarter  (4Q17) as the revenues remained flat while the administrative and finance  cost rose.

EU urges on export diversification as SL becomes GSP Plus eligible from Friday

Sri Lanka must start diversifying its exports portfolio immediately to make use of the handful of years the country will remain eligible for the European Union’s Generalized System of Preferences Plus (GSP Plus) preferential duty programme, EU diplomats in Colombo said yesterday.

Elephant House powers ‘Bradby Fiesta 2017’

Adding to the vibe, grandeur and the festivities of one of the greatest and most anticipated games of school rugby, Elephant House has partnered with the Royal College Union, in presenting the 4th Bradby Fiesta.     

Laugfs Lubricants endorsed by country’s best motorsports stars

Demonstrating the company’s superior product offering, Laugfs Lubricants revealed its new brand identity and announced the brand’s latest campaign with the four esteemed brand ambassadors Dilantha Malagamuwa, Ushan Perera, Bathiya and Santhush. 

Johnson’s Baby named No. 1 Baby Care Brand at Brands Annual

Johnson’s Baby clinched the coveted top spot among Baby Care Brands in Brands Annuals 2017 for the fifth consecutive year recently.