LG Smart Inverter Technology has taken LG electronics to new heights in energy efficient and durable home appliances that facilitate savings from day one. 

Aldo is thrilled to announce its arrival in Colombo, Sri Lanka, with the support of franchisee partner Softlogic Brands (Pvt.) Ltd. 

Sri Lanka has spoken! Citizens across the country, surveyed for the Kantar World panel's ‘Global Brand Footprint Report’, have yet again named Munchee as ‘Sri Lanka’s Number One FMCG Brand’ 

The Gajaba Super Cross 2017 was held recently with the trials on the 26th and the race on the 27th of August at the Saliyapura Track in Anuradhapura. The Gajaba Super Cross is being held for the 16th

ECONOMYNEXT: The Sri Lankan government has decided to add about 1,000 megawatts of power using liquefied natural gas (LNG) as fuel, a spokesman said. 

A reveller covered in tomato pulp takes part in the annual ‘Tomatina’ festival in the town of Bunol, located in the East of Spain on August 30, 2017. The iconic fiesta — which celebrates its 72nd anniversary and is billed at ‘

The National Chamber of Exporters of Sri Lanka (NCE) is scheduled to conduct the Annual Exports Awards at the Hilton Colombo on 29th September.

The Sri Lanka Retailers’ Association will organize its premier event, Sri Lanka Retail Forum 2017 under the theme ‘Winning the New Consumer – Energizing Retail’ which will be held at the Cinnamon Grand Colombo on 13th Septembe

AFP: American billionaire Warren Buffett’s Berkshire Hathaway group has officially become the top shareholder in Bank of America after exercising its right to buy 700 million shares at a discount.

The 20th Annual General Meeting of the Sri Lanka – Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce was held recently at the Ceylon Chamber of Commerce. 

The momentum of Sri Lankan firms investing in foreign countries appears to have faltered this year and more domestic investments are likely to realize in the future, according to the  Central Bank.

The much awaited, FACETS International Gem and Jewelry Exhibition begins today (31st) at the BMICH with an official ceremony, which will be attended by the Prime Minister Ranil Wickremasinghe. 

REUTERS: Sri Lankan shares fell for a second session yesterday, ending near a more than four-month closing low hit last week, as investors sold shares of banks and beverages companies. The Colombo stock index fell 0.13 percent to 6,390.26.

Dilmah Ceylon Tea Company PLC (Dilmah) will be issuing new shares to its parent company MJF Teas (Private) Limited (MJFT) to acquire all value-added tea export operations of the MJF group for Rs.442.5 million.

The cabinet yesterday approved to provide a Rs.150 per kilogramme subsidy for pepper growers until the pepper prices reach the levels seen early this year.

REUTERS: The Sri Lankan rupee closed slightly weaker yesterday as importer dollar demand from foreign banks surpassed the exporter greenback sales, dealers said.

Despite the government securities yields pointing to a lowering trend, Sri Lanka is most likely to face higher interest rates during most part of 2018 as the Central Bank will have to borrow excessively from the banking sector to settle domestic borr

The National Mobile Service Provider, Mobitel’s Cash Bonanza Montero Extravaganza programme reached fever pitch in July 2017, witnessing growing participation of customers as a result of the

The continuous decline in remittance income from Sri Lankans working abroad could make the job of the Central Bank’s efforts to build gross official reserves much harder— possibly drawing the wrath of the International Monetary Fund (IMF)

Seylan Bank PLC this week said it would issue 5 and 10-year debentures to raise up to Rs.10 billion to strengthen its regulatory Tier II capital adequacy ratio, which was seen weakening amid growing risk weighted assets or the bank’s loan portf

Hemas group pharmaceutical making subsidiary JL Morison Son & Jones has changed its corporate name to Morison PLC with effect from August 17, 2017.

REUTERS:  Sri Lankan shares ended slightly weaker yesterday, hovering near a more than four-month closing low hit last week, as foreign investors sold diversified shares, brokers said.

National newspaper circulation in Sri Lanka continued to grow, reaching higher levels than previously seen in 2016, with a greater preference shown towards daily English and Sinhala newspapers, official government data showed.

Despite the government securities yields pointing to a lowering trend, Sri Lanka is most likely to face higher interest rates during most part of 2018 as the Central Bank will have to borrow excessively from the banking sector to settle domestic borr

The 17th Annual General Meeting of the Sri Lanka Thailand Business Council was held at the Waters Edge, Battaramulla recently. It was held under the patronage of President of the Council Rizan 

The Securities and Exchange Commission of Sri Lanka (SEC) and Colombo Stock Exchange (CSE) conducted the third seminar of their Investor Forum series in Jaffna on August 26, 2017, at Tilko Jaffna City Hotel.

Micromax Informatics, one of the largest smartphone players in the world, officially introduced its latest smartphone Canvas 2 to the Sri Lankan market recently.

A range of environment friendly, battery-powered outdoor tools were recently launched by Figaro (Pvt.) Ltd at Water’s Edge, Battaramulla.

Dialog Axiata PLC successfully concluded Dialog Awards 2016, its annual employee recognition programme, whilst retaining international management consultancy, MTI Consulting, as an independent judging partner for the sixth consecutive year. 

Unilever Sri Lanka and Richard Pieris Distributors Ltd. together carried out the ‘Don’t Be Silly Silly’ awareness drive to encourage shoppers to go greenby switching to the reusable Arpico - Unilever