Sri Lanka’s leading lifestyle retailer Odel PLC yesterday revealed plans to invest US $ 105.7 million in a mixed development project at Ward Place, Colombo 7.

Lanka Century Investments PLC (LIC) will be offering minority shareholders of its subsidiary Ceylon Leather Products PLC (CLP) a share swap arrangement as a part of LIC’s efforts to streamline the operational and ownership structures of its lea

Siyapatha Finance, a leading financial company and the largest fully owned subsidiary of Sampath Bank Group, ceremonially opened their 25th branch in Galle at No. 27, Old Matara Road

Watawala Plantations PLC’s (WATA) decision to segregate its tea business will increase the company’s value significantly due to predictable and higher profits and growth prospects, a stockbroker said.

Building on the tremendous success of the Mom, Me and My Milo campaign in the last two years, Milo is once again bringing together the most important stakeholders at the heart of its brand - moms

Dialog Axiata PLC recently announced the launch of Car Connect, an advanced vehicle on-board diagnostics (OBD) device and smartphone app providing vehicle performance and driving diagnostics.

For facilitating ‘the Belt and Road’ cooperation, advancing economic and trade cooperation with countries along ‘the Belt and Road’, intensively displaying competitive industries and featured commodities in Guangxi, as well as

Employers’ Federation of Ceylon (EFC) Director-General/CEO Kanishka Weerasinghe was recently appointed to the Standards Review Mechanism (SRM) Tripartite Working Group (TWG) that functions under the aegis of the Governing Body of the Internatio

RIL Property PLC, a developer, manager and owner of Grade A office spaces in Colombo, successfully concluded its first annual general meeting (AGM) as a public limited company recently. The company, which went for an initial public offering (IPO) in

The Netherlands Alumni Association of Lanka (NAAL) held its 45th annual general meeting (AGM) on June 18, 2017, at Winsgreat Holiday Resort, Polgasowita.

NDB Securities Ltd (NDBS), a top brokerage firm in Sri Lanka, released update on the fast-moving consumer goods (FMCG) sector recently. 

The National Mobile Service Provider, Mobitel has launched its unique “Internet Expert” service which includes doorstep delivery of Mobitel 4G Wi-Fi Routers and Post-Paid Internet Packages. 

Coca-Cola remains the first choice for Sri Lankan youth with its partnership at the Commando Challenge 2017. Organized by the Commando Army, Sri Lanka Auto-sports Drivers’ Association 

The Sri Lankan Cricket Team arrived on Monday at the Mövenpick Hotel Colombo – the host hotel for the Zimbabwe tour of Sri Lanka for both teams. 

Serendib Flour Mills (SFML) recently delivered its first state-of-the-art tanker silo to Diana Biscuits and is set to offer this efficient and environmentally-friendly storage option to other customers as well. 

Hilton Colombo won “Sri Lanka’s Leading Business Hotel award the most prestigious award in the Travel & Tourism industry at the World Travel Awards. Described as the “Oscars” of the Travel & Tourism

The leading fashion retail chain in Sri Lanka, Nolimit was listed in the top 25 best companies to work for in Sri Lanka for the second consecutive year, by the Great Place to Work Institute at the recently held gala awards ceremony.

Four key state-owned enterprises (SoEs) made Rs.30.53 billion in operational losses, almost as much as the operational profits of the entire state-controlled financial system during the first four months of 2017. 

REUTERS: Sri Lankan stocks rose yesterday to reach an 18-month closing high led by telecom and diversified shares, but volume was thin as foreign trading low.

The Central Bank said the bank interest rates should trend downwards in line with the easing government securities yields as less pressure is expected from government financing towards the second half of the year.

Due to the repairs at Bandaranaike International Airport (BIA) earlier this year, Mattala Rajapaksa International Airport (MRIA) had handled a record 48,810 passengers during the first four months of 2017, which was 35 times of the 1,395 passengers i

REUTERS: The Sri Lankan rupee edged lower yesterday as importers demanded dollars amid mild selling of the US currency by banks and exporters, dealers said.

A panel discussion open for the public featuring Minister Dr. Harsha De Silva, Economist Deshal De Mel, and industry representatives of the apparel and seafood exporters’ associations will be held on Wednesday, July 12, at 5:30 p.m., under the

Maersk Line has initiated ‘Back2Work (B2W)’, a career transition programme for the women who have taken a career break of more than six months and wish to re-enter the professional work space. 

Sri Lanka Economic Summit 2017, organised by the Ceylon Chamber of Commerce, will conduct a dedicated thematic session to discuss how Sri Lanka can transform its economy through the adoption of technology.

From the freezing Arctic Circle to the dust and heat of Dubai, the Jaguar E-PACE has been subjected to a diverse testing programmes, ensuring it is not only a driver’s car but a dynamic and entertaining 

Allianz Life Insurance Lanka (Allianz Lanka) registered steady growth in returns to policyholders on itsinvestment linked life insurance policies which delivered dividends (/ a crediting rate) of 8.5%for the 

Tim Castree, Global CEO of MEC and GroupM’s ‘NewCo’ today announced that Namalie Herath, General Manager, MEC Sri Lanka will take on the role of CEO of the newly combined MEC and 

The Food and Agricultural Organization of the United Nations (FAO) together with the Ministry of Education hosted a ceremony on Tuesday, 4 July 2017at Wijerama Maha Vidyalaya in Udahamulla, 

As old as civilization itself the Sri Lankan Gem Industry currently ranks with those of Myanmar, Brazil, South Africa and Thailand as one of the world’s most prominent gem-bearing nations. Swathed in the