ThreadSol concludes first edition of Apparel Tech Up Sri Lanka

After Apparel Tech Up in Bangladesh, India, Vietnam and Indonesia, ThreadSol hosted the first edition of Apparel Tech Up for the Sri Lankan apparel industry on 20th July 2017 at Cinnamon Grand, 

Janashakthi Bags Inter-Insurance Company Cricket Title

Team Janashakthi Insurance PLC emerged champions at the “Hema Wijeratne” Challenge Trophy 2017 held at the Colombo Colts Cricket Ground recently. 19 teams, including a joint team from the

Oasis Hospital Colombo – a resource for healthcare with a conscience

Restructuring and refurbishing to provide economical and compassionate care has begun at the Oasis under its new management. In the coming months, the entire facility would provide improved 

Two young professionals from Leo Burnett Sri Lanka selected to join The Leaders Studio by Publicis G

Wasim Akram and Rinesh Jayarathne, two dynamic young professionals from Leo Burnett Sri Lanka, were recently selected to join The Leaders Studio, a programme created by the Publicis Groupe,

IASL Announces the Approach Of NAFLIA

The Insurance Association of Sri Lanka (IASL ) has announced that the annual National Forum for Life Insurance Advisors (NAFLIA) will be held on the 17th of August 2017 at the BMICH.

Cream of Kapiti Cheese touches Sri Lankan shores

Sri Lankan connoisseurs can now indulge in one of the world’s top gourmet cheese ranges that’s a cut above the rest.

Dialog June profits edge up amid higher taxes, slowdown in consumer spending

According to the recently released interim financial accounts of Dialog Axiata PLC, the top and bottom lines of the country’s leading mobile telephony services provider appear to have felt the pinch of the current slowdown in consumer spending.

Caltex rewards winners of ‘Car and Bike Chase’ winners

The fourth lucky set of ‘Caltex Star Drive – Car and Bike Chase’ winners received their brand-new Bajaj Discover 125cc motorcycles plus a year’s worth of free engine oil at an event held at the Chevron House in Colombo 3 recently.

HDFC launches exclusive banking centre at Hyde Park Corner branch

The HDFC Bank opened a dedicated service centre for loans at the bank’s Hyde Park Corner branch premises. The bank expects to provide a customized service for its customer at this center. 

Transforming cities with land value capture

?Rising urban population growth and private vehicle ownership are making Asian cities unlivable. City dwellers lose precious time in traffic jams, where they also suffer the negative health impact of deadly air pollution.

Printcare to invest Rs.750mn in state-of-the-art label printing technology

Top packaging exporter and pioneer in Sri Lanka’s tea packaging sector, Printcare PLC, is to invest Rs.750 million in new label printing technology hitherto unavailable in Sri Lanka, the company said. “We have a history of innovation and a track record of introducing new technologies. These investments follow our rich history of knowing where the curve is going and staying ahead of it,” Printcare PLC General Manager Krishna Ravi

Solahart offers total hot water solutions in Sri Lanka

Solahart Australia together with Alpha Thermal Systems (Pvt) Ltd., the sole distributor for Solahart  domestic and commercial  hot water systems in Sri Lanka held an educational seminar  at Jetwing Colombo 7 recently. 

BoardPAC renews ISO 27001 information security certification for third year

BoardPAC, the Sri Lanka developed software solution that enables paperless board and senior management committee meetings has announced the renewal of its 1SO/IEC 27001:2013 information security certification for the third consecutive year since 2014.

How knowledge economy causes secular stagnation

To understand secular stagnation, with its low inflation and low growth, look first at the growth of the information economy and the expansion of intangible assets.

National Forum for Life Insurance Advisors to enhance public awareness on insurance

The National Forum for Life Insurance Advisors (NAFLIA) will take place for the 8th consecutive year with 2017’s theme being, “Towards the Day All Sri Lankans are Insured- ‘Are we ready?’ The forum is anticipated to bring together top-level Life Insurance advisors from across the country and provide them with a platform for knowledge sharing and networking. 

NDBIB-CRISIL expand fixed-income index portfolio for Sri Lanka

NDB Capital Holdings PLC and CRISIL Ltd have announced the launch of 9 new fixed-income indices in Sri Lanka.

Sri Lanka’s biggest ‘4-in-1’ international expo at SLECC

Sri Lanka’s biggest ‘4-in-1’ international exhibition LankaBuild‘17, LankaWater‘17, LankaEnergy‘17 and SIVAR‘17 will come to life at the SLECC (near Lake House) from today to 12 August.

Altair installs Mupro designed fire fighting pipe support technology

Mupro is a 50 year old engineering solutions company which has been selected to provide a world-class fire fighting pipe support system to the prestigious South Asia’s iconic residential skyscraper Altair in Colombo, Sri Lanka and will have the country’s best ecosystem to control fire and mitigate danger.

Abans appointed authorized distributor for Apple in Sri Lanka

Apple, the world’s most renowned and progressive technology brand, has appointed Abans PLC as the authorized distributor and importer of Apple productsin Sri Lanka. 

IFC invests US $ 100mn in ComBank to boost green financing

IFC, a member of the World Bank Group, is partnering with Sri Lanka’s Commercial Bank of Ceylon for a US $ 100 million financing structure to help the bank increase lending for renewable energy and energy efficiency projects in the country. 

State bank lending to SMEs likely to be reason for high credit growth: CB

Large state banks lending to small and medium enterprises (SMEs) through government influences could be one reason for the moderately high private credit growth rate this year, the Central Bank said recently.

‘Kotagala Kahata – Rasa Wasana’ consumer promotion offers 20 TVS Scooty Peps

Kotagala Kahata customers are in for a bonanza with the ‘Kotagala Kahata – Rasa Wasana’ consumer promotion, which began on June 22nd. 

History created in Sri Lankan construction industry

A major concrete pour of 6500 cubic-metres was done at ITC One Colombo One project located on the 5.87 acres of land on Galle Face Road, Colombo - 01 adjacent to the Taj Samudra hotel, recently. 

Distraught polythene makers seek ministerial intervention to tackle looming ban

Sri Lanka’s high-density polyethylene (HDPE) and recycling industry yesterday said the looming ban on polythene is likely to affect Sri Lanka’s retail economy, exports and even garbage disposal.

Can China and Trump find a way through?

The conduct of US international relations has thus far been strangely insulated from the psycho-drama that has engulfed the White House since President Trump took up residence there. Perhaps that’s because of the adult supervision of Trump’s cabinet, via Rex Tillerson, James Mattis and others. 

CIOB launches ‘Construction Today’

The Ceylon Institute of Builders (CIOB) launched a quarterly magazine for the construction industry named ‘Construction Today’ at the 6th World Construction Symposium organized by the CIOB held at Hotel Galadari Meriden, Colombo, recently.

PM cautions tea industry of major demographic changes set to happen in 2050

Sri Lanka should celebrate the 150 years of its tea industry with a hard look at the sector in order to make it vibrant, so that it could overcome the challenges running up to 2050, when vast social and economic changes take place in the world, Prime Minister Ranil Wickremesinghe said.

Island Dairies wins President’s award for best dairy company

Island Dairies (Pvt) Ltd, Kegalle, a leading company involved in manufacturing dairy products using milk of our own country won the President’s award for the island’s best manufacturer of dairy products at the recent National Programme on Food Production-2016 organized by the President’s Office. 

CIC re-launches website with enhanced user experience

CIC Holdings PLC, one of the leading blue-chip conglomerates in the country, re-launched their website with a refreshing new outlook that includes easy navigation with user-friendly features taking user experience to a whole new level.

Sampath Bank Commences Restoration of Ambagaswewa in Kahatagasdigiliya

Several officers of the Govi Samithiya, the Department of Agrarian Development and other government bodies attended the ceremonial inauguration of the project on 20th July together with