Rupee steady on exporter dollar sales; stocks up

REUTERS: The Sri Lankan rupee traded steady yesterday as mild importer dollar demand was offset by greenback sales by exporters and banks, while expectations over a rise in imports pressured the local currency, dealers said.

PUCSL asks CEB to develop 12 new electricity generation expansion plans

Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator has asked the Ceylon Electricity Board (CEB) to develop 12 new scenarios which will provide different power plant combinations to generate electricity for next 20 year and submit the plans on or before 07th of July 2017.

Asian markets hit by Central Bank signals to end low rates

AFP: Asian markets went into reverse yesterday after Wall Street and Europe suffered hefty losses in response to Central Banks’ signals that the end to the era of cheap money was drawing near.

Gamer.LK to hold Mercantile eSports Championship on July 15

For the second consecutive year, Gamer.LK is bringing the thrill of competitive video gaming to your workplace with the Mercantile eSports Championship – powered by Dialog Gaming. 

HFHSL constructs 80 homes in Kegalle District

In celebration of the National Housing Day, Habitat for Humanity Sri Lanka (HFHSL) ceremoniously handed over 80 houses constructed for families affected by landslides in the Kegalle District in Aranayake, Sri Lanka. 

Hotel Show Colombo 2017

Hotel Show Colombo 2017, one of the leading specialized trade shows for the hotel, restaurant and food service sectors was inaugurated by Minister of Tourism Development and Christian Religious  Affairs, 

Amazon launches ‘try-before-you-buy’ fashion service

REUTERS: Amazon.com Inc. wants to turn your living room into a fitting room.

Mabroc Bubble Tea expands with third outlet at Crescat

Following the launch of its flagship store in August 2016, Mabroc Bubble Tealaunched its third outlet located at Crescat Boulevard, recently. 

ICEI-Overseas with Ecowave open ‘Spice Unit’ to improve marginalized farmer livelihoods

ICEI and Overseas, international organisations together with ‘Ecowave’, which is a local social enterprise, had successfully worked on areas of rural development and eco-tourism in Sri Lanka since the year 2005. 

Grow your Business 2017 exhibition in September

The chance to assess, learn, interact and develop new business contacts, explore further prospects for business expansion, learn about the latest trends and technologies and much more will be made possible at the ‘Grow your Business’ exhibition at BMICH from September 8 to 10, 2017, with free entrance.

Insee-IESL Concrete Challenge 2017 boosts engineering skills of university students

To champion its vision of building brighter futures, Insee cement partneredwith the Institution of Engineers Sri Lanka (IESL) to launch the INSEE-IESL Concrete Challenge 2017.

Hemas Hospitals launches ‘Dengue Epa’ campaign on World Anti-Dengue Day

With dengue hotspots in Sri Lanka experiencing a fourfold increase in infection, Hemas Hospitals multi-chain calls for personal action by citizens to be fully aware of and protect their families and neighbourhoods against the spread of dengue. 

Gated community living gaining popularity in suburban Sri Lanka

An interesting trend evolving in Sri Lanka is the concept of ‘gated communities’ or ‘gated living’. This concept has been very popular across the world with countries like Malaysia embracing it in the early 1990’s. 

Laugfs International attracts large number of visitors at Build SL 2017

Laugfs International participated in the recently held 13th Build SL Expo which attracted an impressive number of visitors interested in the housing and construction industry products available in Sri Lanka.  Laugfs International is the trading arm of Laugfs Holdings specializing in Yamaha, Airman, Fujitsu and Denso products. A large number of visitors at Build SL visited the Laugfs International stall, which displayed a range of Yamaha powe

Blue Mountain wins 8 Asia Pacific Property Awards

The Blue Mountain Group’s most iconic real estate development to date, Achilleion was recently recognized as one of the top three apartments in the Asia-Pacific region, at the Asia Pacific Property Awards 2017, which took place in Bangkok, Thailand.

DSI opens Sri Lanka’s first exclusive Arrow store

D. Samson and Sons (Pvt) Ltd celebrated the opening of the first exclusive Arrow store in Sri Lanka at 160/1, Bauddhaloka Mawatha, Colombo 4.

NCE appreciates late Dr. Kelegama’s invaluable service to Lankan exporters

The late Dr. Saman Kelegama was a highly regarded intellectual and professional who was closely associated with the National Chamber of Exporters of Sri Lanka (NCE) almost from the inception and rendered yeoman services to the chamber over the years in support of efforts to provide services to Sri Lankan exporters to develop exports. 

Japan provides Rs. 3,422 mn grant aid to establish weather radar network

In accordance with the long term economic cooperation between Sri Lanka and Japan, the government of Japan has agreed to provide grant assistance of Japanese Yen 2,503 million ( Approximately Rs. 

CIC sponsors SLMA Health Run & Walk 2017

As in the past, CIC Holdings partnered with the Sri Lanka Medical Association (SLMA) to sponsor SLMA Health Run & Walk – 2017 that had a participation of nearly 3000 health conscious individuals. The annual event was organised by the SLMA and the Sri Lanka College of Pulmonologists in collaboration with four ministries including the Health, Environment, Ministry of Women and Child Affairs as well as Education Ministries. 

Hong Kong home prices hit record high as Xi praises govt. on housing

REUTERS: Hong Kong’s private home prices hit a record high in May, according to government data released yesterday, just as Chinese President Xi Jinping praised the local government for “making progress” on its work on housing.

Serendib Flour Mills marks Poson with dansalas in 3 locations

Serendib Flour Mills as part of its CSR commitment recently celebrated the religious festival of Poson Poya by conducting three dansal events in three different locations of the island. 

DFCC Bank recognised at LankaPay Technnovation Awards 2017

DFCC Bank bagged two merit awards at the LankaPay Technnovation Awards 2017, Sri Lanka’s first and only payment technology innovation awards, organized by LankaClear Ltd. Held at the Balmoral

The Other Side of the Glistening Story

When glancing at a glittering jewel or an intricate piece of jewelry, one rarely pauses to think of the tale that lies behind the glimmer and shimmer. 

SriLankan brings focus of global airline industry to Sri Lanka

SriLankan Airlines and the SriLankan Aviation College placed Sri Lanka firmly in the centre of the international air travel industry’s focus, with the successful hosting of the industry’s premier annual training-oriented event, the IATA Global Training Partner Conference 2017 in Colombo for the first time.

Swiss Lanka Hotel School signs MoU with LSBF

A Memorandum of Understanding (MoU) had been signed between Swiss Lanka Hotel School and London School of Business and Finance (LSBF), UK on 22June 2017 in Colombo,  Sri Lanka.

Two initiatives to improve passenger experience at Emirates Terminal 3

Travellers departing from Dubai International Airport Terminal 3 can look forward to a smoother airport experience with the implementation of two new initiatives that will streamline the check-in and immigration checks at departure.

Singapore Airlines to serve ‘Popular Local Fare’ dishes as voted by customers

In collaboration with the Singapore Tourism Board (STB) and in conjunction with Singapore Food Festival, Singapore Airlines (SIA) customers have voted for their favourite ‘Popular Local Fare’ dishes to be served in all cabin classes on the selected  month of July.

Emirates wins ‘World’s Best Inflight Entertainment’ award at Skytrax Awards

Emirates has won World’s Best Inflight Entertainment award for a record 13th year at the prestigious Skytrax World Airline Awards 2017. The airline also picked up the award for Best First Class Comfort Amenities.

Etihad Airways increases Middle East and North Africa capacity

Etihad Airways is increasing capacity between its Abu Dhabi hub and key markets of Amman, Beirut, Cairo, Casablanca and Rabat to cater to the peak June – September travel period, while additional services to Dammam will be year-round.

Union Assurance holds Annual Awards in Kuala Lumpur, Malaysia

Union Assurance successfully concluded its first ever offshore Annual Awards ceremony by revolutionizing the history along with setting new trends within the Sri Lankan Insurance Industry.