DSI Mega 2017 Shopping Festival Opens With A Bang

The ultimate shopping festival, theDSI Mega 2017, was declared open on the 1st   of April. Happening at the head office complex of D. Samson and Sons (Pvt) Ltd, at No. 257, High Level 

Sri Lankan Airlines’ FlySmiLes programme pioneers digital cards for its frequent flyer card holders

The national carrier, SriLankan Airline’s frequent flyer programme, FlySmiLes which is constantly seeking to innovate its product , is proud to launch its Digital card effective 01st April 2017. Bringing 

Jaguar Classic To Launch E-Type Reborn At Techno-Classica Essen Show

Jaguar Classic will debut its first ‘Reborn’ Jaguar E-type at the Techno-Classica Essen show in April.An initial batch of 10 expertly sourced and comprehensively restored examples of the iconic E-type

Nalin Perera appointed as CEO of Mobitel

Nalin Perera has been appointed as the Chief Executive Officer (CEO) of Mobitel (Pvt) Ltd. He started his career at Mobitel in 2001 as General Manager Marketing and progressed to the positions 

World’s first linen sarongs, Hameedia’s New Year offering to Sri Lankans!

The dawn of the Sinhala and Tamil New Year will see the traditional sarong receive a new lease in life as Hameedia launches the world’s first linen sarongs. The sarong, considered by many as comfort 

Nalin Perera appointed as CEO of Mobitel

Nalin Perera has been appointed as Chief Executive Officer (CEO) of Mobitel (Pvt.) Ltd.  He started his career at Mobitel in 2001 as General Manager Marketing and progressed to the positions of Senior General Manager Marketing and Senior General Manager Contact Centre Operations, respectively. 

FinMin meets Malaysian PM

Finance Minister Ravi Karunanayake, who is in New Delhi to participate in the Subregional Economic Cooperation Summit of South Asia, which was inaugurated in New Delhi yesterday, on the sidelines of the summit, met Malaysian Prime Minister  Najib Razak. 

Vehicle registrations continue to slump amid higher taxes, stricter financing conditions

Vehicle imports to Sri Lanka crashed in February as the prospective buyers were hit by the double whammy of higher excise duties and stricter financing conditions, dashing their hopes of owning a small car or a three-wheeler for the foreseeable future. 

Sri Lanka computer ownership falls as usage of smartphones, tabs gains

Ownership of desktops and laptops in Sri Lanka has fallen significantly in the first half of 2016 (1H16) compared to the same period in 2015 due to increased use of smartphones and tablets.

Sri Lanka 4Q unemployment falls to 4.2%

Despite the prolonged drought that was present throughout the final quarter of 2016, Sri Lanka’s unemployment fell to 4.2 percent from 4.4 percent year-on-year (YoY) and 4.5 percent in the third quarter of 2016, data from the Census and Statistics Department showed. 

Rupee ends firmer on exporter dlr sales

REUTERS: The Sri Lankan rupee ended slightly firmer in dull trade yesterday due to inward remittances and exporter dollar sales ahead of the festival season, dealers said.

“Ranil Wickremesinghe is a gentlemanly and able politician”

How many books have you written so far and where do you get the passion to right?  

First Easter celebration at Shangri-La’s Hambantota Resort & Spa

From egg-centric Easter brunches to gourmet Easter treats, the Bojunhala, Gimanhala, and Ulpatha restaurants will be the perfect place to bring family and friends to celebrate the Easter holiday. 

BOC records highest PBT of Rs.31bn in 2016

Bank of Ceylon, having completed many fruitful years, now has closed 2016 with another   trailblazing record of Rs.31.2 billion profit before tax (PBT) with 23 percent growth. 

Ceylon Tea global tea promotional campaign delayed yet again

Sri Lanka’s tea industry has hit another stumbling block with the much-awaited global promotional campaign being put off for another few more months due to the shortcomings in the tender procedures and questionable capabilities of some of the selected service providers, Mirror Business learns.  

Hayleys appoints Noel Joseph to director board

Sri Lanka’s most diversified conglomerate, Hayleys PLC announced the appointment of Noel Laxman Sanath Joseph to its director board.

Etisalat introduces super sleek Yoga laptop

Yoga laptops have been in the market for over two years, but the higher market price has halted Sri Lankans from getting their hands on one. 

Sri Lankan delegation taps Italian travel trade stakeholders

An interactive meeting was held between Italian travel trade stakeholders and the Minister of Tourism Development, Lands and Christian Religious Affairs John Amaratunga in Italy yesterday.

Ella Mount Heaven hotel offers seasonal discounts on credit cards

Surrounded by pure, lush landscape of Ella, the countryside, Ella Mount Heaven is on the focus of interest and immense praise of tourists. 

Asiamoney affirms Combank ‘Best Domestic Bank’ & ‘Best Digital Bank’ in SL

The Commercial Bank of Ceylon has annexed two more prestigious international awards, being adjudged the ‘Best Domestic Bank’ and the ‘Best Digital Bank’ in Sri Lanka by Asiamoney, considered the most authoritative voice for the banking industry in the Asia Pacific region.

Ceylinco Life policy holders to receive Rs 3.8bn worth bonuses this year

A mammoth Rs 3.8 billion in annual bonuses will reach some 300,000 policyholders of Ceylinco Life in April and May this year, the life insurance leader has announced.

Huawei group annual revenue increases 32% to US$ 75bn in 2016

Huawei released its audited financial results for 2016, reporting that its Carrier, Enterprise, and Consumer Business Groups (BGs) each achieved solid year-on-year growth. 

DSI Mega 2017 shopping festival opens with a bang

The ultimate shopping festival, the DSI Mega 2017, was declared open on the 1st of April.  Happening at the head office complex of D. Samson and Sons (Pvt) Ltd, at High Level Road, Maharagama, the shopping festival offers something for everyone in the spirit of the impending New Year. Organized for the second time, the Shopping festival is open to the public, with no required entrance fee. 

Samsung launches Avurudu promo offering exceptional value for customers

The Sinhala & Tamil New Year heralds in a time of celebrations for all Sri Lankans ; for Samsung Sri Lanka, it is the right opportunity to share the ‘Samsung Amazing Avurudu’ promotion with their consumers. 

Prakash Schaffter addresses Asia Insurance Review’s regional conference

Veteran Sri Lankan Insurer and Managing Director of Janashakthi Insurance PLC, Prakash Schaffter was invited to share his learning from the Sri Lankan Insurance sector’s shift to the  Risk-Based Capital (RBC) framework, at the 3rd Asia Conference on Risk-Based Capital in Manila, Philippines recently.

Nimal Tillekeratne assumes duties as Pan Asia Bank CEO

Veteran banking professional Nimal Tillekeratne assumed duties as the Chief Executive Officer of Pan Asia Bank on April 3rd, at the bank’s head office. 

It’s all about creating ‘living spaces’: Sigiriya Jungles chief

Sigiriya Jungles, Sri Lanka’s newest upmarket resort in the heart of the cultural triangle, offers an exclusive experience where the rustic and the royal combine for an unforgettable encounter. Spread over 10 acres of naturally landscaped greenery, Sigiriya Jungles is an upmarket resort, tastefully created by a renowned architect in the Audangawa Village, about 5 kms from the Sigiriya Rock Fortress. In an interview, Devindre Senaratne, Chai

LOLC Al-Falaah wins ‘Deal of the Year’ award

Al-Falaah, the Islamic Business Unit of LOLC Finance PLC has been recognized globally on multiple occasions for the financial year 2016/17 by winning several awards at globally recognised award presentations. 

Dwindling stitching hands – Labour shortages in apparel industry in Sri Lanka

As a relatively new industry in Sri Lanka, the apparel industry has played an important role in the economy as a major income source and an avenue for creating employment opportunities, especially for women, over the last few decades. 

Durdans invites public to open day on cosmetic care consultation

The sunny days of Avurudu are almost upon us. As temperatures and humidity soar, one of the biggest beauty challenges is finding the right cosmetic care in the sweltering conditions.