Adidas End-of-Season Sale offers discounts of 50%

Adidas has launched a stupendous End-of-Season Sale which offers a 50% discount on all Adidas branded

Chocolate Blackout at Hilton Colombo!

It’s hard not to fall in love with chocolates. With its luxurious form, luscious flavor, and the way it all melts in the mouth

Prestigious Mercedes Benz cars and millions of cash with ‘Mobitel Cash Bonanza 2018’

Commencing the New Year with exciting news for its customers, Mobitel has renewed its popular ‘Cash Bonanza’

Govt. to call for new oil, gas exploration bids

The third licensing round to offer offshore blocks for oil and gas exploration and development in northern Sri Lanka will take place over the next three months, according to state-run Petroleum Resource Development Secretariat (PRDS).

Top sovereign wealth funds in town to explore investment opportunities

Development Strategies and International Trade Ministry yesterday opened a two-day roundtable investment forum in Colombo with several top sovereign wealth funds (SWFs) in Asia and the Middle East.

Sri Lanka hopes to meet 60% of pharma demand locally by 2020

The government’s latest efforts in import substitution through the establishment of a pharmaceutical manufacturing zone will see 60 percent of the demand for pharmaceutical tablets and pills being met by locally made drugs by 2020, in furtherance of the vision of the late Pharmacologist Professor Senaka Bibile.

Shares end down on profit-taking

REUTERS: Sri Lankan shares ended weaker yesterday as investors sold blue chips such as Ceylon Tobacco Co, but foreign investors’ appetite for risky assets limited the downslide.

Sri Lanka’s private sector credit seen easing

Sri Lanka’s once stubborn private sector credit has finally started to ease, a sign that the monetary policy tightening measures put in place finally are having a considerable effect on the country’s credit and money flows.

LVL Energy Sept. net down 12%

Higher finance costs saw the net profits of LVL Energy Fund Limited (LVL) falling 11.9 percent to Rs.153 million during its second quarter from July-September 2017 (2Q18), compared to the corresponding quarter last year.

UltraTech Cement presents key research findings at international conference

Demonstrating its commitment to the nation’s engineering and construction field, UltraTech Cement Pvt. Ltd, actively participated at the recently-concluded ‘8th International Conference on Structural Engineering and Construction Management 2017’ held in Kandy. 

Browns shines at National Business Excellence Awards

Brown and Company PLC (Browns) emerged Runners Up under the Trading category at the National Business Excellence Awards 2017, hosted by the National Chamber of Commerce. 

Singapore property seen on path to recovery after prolonged slump

RETUERS: Singapore’s housing market is expected to build on its recovery over 2018, analysts say, as private home prices marked their first annual rise in four years.

Nature’s Agro introduces Sugar Killer Tea to Lankan market

Sugar Killer Tea, a sugar free, yet sugar-like-taste filled tea which is a hundred percent natural discovery from Sri Lanka has been introduced to the market for the first time. 

Is Trump’s America the ‘dispensable’ power in Asia?

Madeleine Albright, one of several scholar–statespersons the unique American spoils system used to produce as Secretary of State, characterised the United States as ‘the indispensable power’. In relation to East Asia today, that description seems no longer salient. In this vein, perhaps 30 years from now, we will look back on US President Donald Trump’s first official visit to East Asia as the moment when the United States

Henamulla urban regeneration project phase II nearing completion

The design and construction work of the urban regeneration project at Henamulla – Phase II undertaken by Access Engineering PLC is now nearing completion. 

Wavemaker opens for business in Sri Lanka

Wavemaker, GroupM’s new billion-dollar revenue, media, content and technology agency created from the merger of MEC and Maxus was launched in Sri Lanka recently.  

NDB Wealth marks 2018 with re-launched, client-centric website

NDB Wealth has re-launched its website, www.nbwealth.com, making it more easy-to-use, client-centric and visually appealing while facilitating greater access to information online for current and future clients.

HSBC to discuss global currency outlook for 2018

The Hongkong and Shanghai Banking Corporation (HSBC) will kick start 2018 with a ‘Power Breakfast’ for its corporate clients in the form of a discussion forum dedicated to the global currency outlook for the year ahead. 

NTB supports to develop soft skills of university students

Recognizing the importance of industry – university partnerships in preparing the youth for the future, Nations Trust Bank made certain interventions recently to develop soft skills of undergraduates and sensitize youth on sustainable development. 

CDB wins Gold at SLITAD People Development Awards again

Continuing its unrelenting winning streak during 2017, Citizen’s Development Business Finance (CDB) won yet another prestigious accolade at the SLITAD People Development Award, reemphasizing the prowess of its winning team.  

JAT completes accolade-filled year 2017

JAT Holdings (Pvt) Ltd, successfully concluded an accolade filled 2017 including Managing Director Aelian Gunawardene wining the Platinum Award at the 22nd Sri Lankan Entrepreneur of the Year 2017. 

Ansell Lanka marks World Human Rights Day

In celebration of Ansell’s values and to commemorate International Human Rights Day, the company celebrated ‘World Human Rights Day 2017’ for all staff recently.

D. Eassuwaren – A role model for present businessmen

I first met D. Eassuwaren at the National Chamber of Commerce of Sri Lanka in 1993 and since then, up to his demise a few days ago, I had been associating him very closely. 

Cinnamon Life partners with top entertainment firms to bring ‘Sound of Music’ to Sri Lanka

Cinnamon Life, an integrated development by premier local conglomerate, the John Keells group, recently marked its partnership with David Ian Productions Ltd, Company Onstage Ltd and Broadway Asia Company LLC.

Pakistan’s Single Country Exhibition kicks off in Colombo tomorrow

After successfully organising a similar event in 2016 and 2017, the Trade Development Authority of Pakistan (TDAP) in association with the High Commission of Pakistan in Sri Lanka, is organising the ‘Pakistan Single Country Exhibition’ in Colombo, from January 12 to 14, 2018, for the third consecutive year.  

Hayleys Energy completes first offloading of semi-submersible oil rig in Sri Lanka

Hayleys Energy Services (HES), the pioneer in oil and gas support services in Sri Lanka, announced that it had successfully completed the offloading of the semi-submersible oil rig – Olinda Star, at the Trincomalee Port Anchorage recently. 

Dr. Sena Yaddehige receives honorary doctorate from Kelaniya University

Richard Pieris and Company PLC Chairman Dr. Sena Yaddehige was conferred an honorary doctorate by the University of Kelaniya in a recent ceremony held at the BMICH. 

BOC introduces Smart fixed deposit account

The Bank of Ceylon introduced a more convenient mode of saving and encourages green banking through the bank’s newest product Smart FD. With introduced of Smart FD , customers are able to open, withdraw or cancel fixed deposit more conveniently without having to visit the branch. 

PM tours Trinity Steel

Prime Minister Ranil Wickremesinghe yesterday took a tour of the Trinity Steel Ltd factory at the Katunayake export processing zone. He was joined by Trinity Steel Chairman Tilak De Zoysa and Managing Director Arun Mirando.

To resist the robots, invest in people

A knitting factory in Bangladesh brings together the past, present and future. On one floor, workers knit by hand. On another, people and machines do the work together. And on a third floor, there are only robots.