SL to issue up to US $ 3bn sovereign bonds amid debt, looming crisis

REUTERS: Sri Lanka is planning to return to international capital markets to issue international sovereign 

WTC to upgrade standby power capacity

The owners of the World Trade Centre (WTC) said the company had taken measures to upgrade the standby 

Plantation sector wage agreement negotiations to end soon: Minister

The local natural rubber sector will see the introduction of a floor price plan by mid this year, a move that will 

DIMO powers Moratuwa University students at ‘Formula Student 2016’

Diesel and Motor Engineering (DIMO) PLC will be supporting the engineering students from the Mechanical 

Cinnamon tooth picks producer Apeiron Lanka marks 10th anniversary

Apeiron Lanka (Private) Limited, the producer of high quality Cinnamon Toothpicks to Sri Lankan and exports

Laugfs Oil customers drive away with amazing prizes

‘Laugfs Oil Scratch & Win’ promotion’s final grand draw took placerecently with the participation of the Senior Officials of Laugfs Lubricant Ltd.

Newest Tesla electric will aim at middle market

AFP:  Tesla is set to unveil the Model 3, its long-anticipated pitch to middle class drivers and a key component in founder Elon Musk’s vision to mainstream the electric car.

CADD Centre holds first National Awards Ceremony

Master franchisee CADD Centre Lanka (Pvt) Ltd held its first-ever CADD Centre National Awards Ceremony 

Complete overhaul of SL’s plantation sector model essential -PA Chief

The RPCs play a vital and irreplaceable role and are a key stakeholder in the country’s plantation sector. 

Sri Lanka’s e-commerce industry poised to expand over threefold by 2018: expert

The e-commerce industry in Sri Lanka is likely to expand more than threefold by 2018, a top official from Google 

Lanka Sathosa and eZ Cash partner to offer mobile money services at outlets

Shoppers at Lanka Sathosa outlets island wide will soon be able to pay for goods and services with eZ Cash,

Imports are required in order to export: Harsha

Stressing the need for reducing the barriers imposed on trade in order to exploit the county’s potential,

IoT and a brave new world for service providers

Some trends are so oft-discussed that it’s fair to wonder when they transcend the term ‘trend’ and are simply accepted as staples of our day-to-day life.

Fitch upgrades Hemas Holdings to ‘AA-(lka)’; outlook stable

Fitch Ratings has upgraded Hemas Holdings PLC’s (Hemas) national long-term rating to ‘AA-(lka)’ from ‘A+(lka)’. 

Avonet geared for novel technological solutions

AvonetTechnologies (Pvt.) Ltd., a new entrant to the local software industry, recently announced its launch

JAT Holdings joins hands with Construction Expo 2016

Construction Expo 2016, Sri Lanka’s most comprehensive exhibition featuring all aspects related to the construction and building industry, is scheduled to be held on July 29, 30 and 31, 2016 at the BMICH.

ADB says Sri Lanka to grow at 5.3% this year

A container ship is pictured docked at the Colombo South Harbour. Sri Lanka on Tuesday kept the policy 

Laying of SEA-ME-WE-5 submarine cable underway in Matara

The laying work of the SEA-ME-WE -5 marine cable line between Sri Lanka and Singapore that links the country with

Nearing islandwide electrification, SL to focus on quality and reliability

As the only South Asian nation with near 100 percent grid connectivity, Sri Lanka has shifted its focus in recent

Fairway Holdings partners with Soundarie David’s Soul Sounds to stand Up For Animal Welfare

Soul Sounds, one of Sri Lanka’s most acclaimed, all female choral groups, rise up in song in aid of animal welfare in the country. The concert titled “Born Free” was held at the Lionel Wendt Theatre at 7.30 with all proceeds going to the Animal Protection Trust. 

Land Rover partners with ‘Around the Pearl 2016’

Land Rover is proud to be a partner of ‘Around the Pearl 2016’ (ATP), which is set to take place from 7thto 17thApril 2016.

Seylan marks 28th anniversary by expanding presence

Seylan Bank celebrated 28 years anniversary by opening four new branches on the same day in Wennappuwa, Pannala, Dankotuwa and Athurugiriya and also commissioned two off-site ATMs in Negombo and Hikkaduwa enhancing the coverage of the bank’s ATM network.  Further, branches in Galle, Matara, Wellawatte, Panadura and Wennappuwa were converted to 365-day banking network for added customer convenience. Seylan is constantly looking to innov

Regus educates commercial real estate agents on flexible working

Regus Sri Lanka, the local operation of the global workplace provider Regus, organised a seminar targeting commercial real estate agents recently. 

Abdul Rahims opens revamped showroom

The trusted name in household ware for over a century, Abdul Rahims has opened the doors of its revamped showroom in Wellwatta to the public. 

Central Bank keeps key policy rates steady

Sri Lanka’s monetary authority yesterday left the key policy rates unchanged though many expected the rates would be raised to curb pressure on the currency and to slow the foreign exit from bond markets

Lankan duo to take country to the top

President Maithripala Sirisena recently met Jayanthi Kuru- Utumpala and Johann Peries to wish them on their attempt to reach the summit of Mt. Everest. Prime Minister Ranil Wickremesinghe and Sports Ministe

Capital Alliance seals Rs. 960 million deal for Fentons limited

Capital Alliance, Sri Lanka’s leading full service investment bank recently advised the shareholders of Fentons Limited (FL) on the sale of a controlling stake to Hayleys PLC (HAYL).

Vinseth Engineering celebrates ten years in operation

Vinseth Engineering (Pvt) Ltd celebrated ten years in operation under the theme of “ADMO Ten Years of Excellence” with an all-night Pirith ceremony at their factory premises at Katuwana Industrial Complex  in Homagama. Members of the staff who served the company loyally, since the inception were felicitated in a gala dinner held at the “Cavalry Officers Mess” in Rock House Army Camp Colombo 15.  Retired Army Comm

Union Bank initiates regional SME capacity building programme

Having identified the importance of small and medium enterprises (SMEs) to the national economy, Union Bank has dedicated over 20 years of customised financial expertise to  this sector. 

Nolimit triumphs at Triumph dealer convention with Gold award

Nolimit, the biggest fashion retail chain in Sri Lanka, seized the gold award as the ‘Best Dealer’ for the 8th consecutive year at the recently concluded Triumph dealer convention, competing with more than 600 distribution channels of all forms ranging from direct sales, boutique outlets, key accounts, retail sector, etc. The winners were selected based on their performance and the contribution towards the growth of Triumph as a leadi