Hospitality firm, Anilana Hotels and Resorts PLC (Anilana), said yesterday it was negotiating with Sampath Bank PLC to settle its loans in default, after the bank gave notice that Anilana’s mortgaged lands would be auctioned off.

REUTERS: The Sri Lankan rupee ended weaker yesterday as dollar demand from importers weighed on the spot currency, which traded for a second straight session after six weeks. The spot rupee started trading on Monday for the first time since May 5 whe

Lanka Marine Services (Pvt) Ltd, the bunkering unit of John Keells Holdings PLC (JKH), has launched several digital bunkering initiatives aimed at improving the customer experience during transactions, Ship & Bunker, a leading marine fuels indust

HNB Ath Pavura is a new weekly show on Independent Television Network (ITN), Sri Lanka’s leading television channel that will promote social entrepreneurship and impact investment through an exciting reality TV show format, first time in Sri La

Lankatiles, the pioneers in wall and floor tile manufacturing in Sri Lanka, recently launched a tile app under its brand name ‘Lankatiles’– one of the first comprehensive apps by a Sri Lankan tile manufacturer. 

Stax Inc., a global strategy consulting firm, will host a week-long roadshow for corporates looking to explore emerging markets in areas like East Africa and the Mekong Valley. 

Lakshman Consolidated Company (Pvt.) (Ltd) recently partnered with India’s Ashok Leyland as an authorised Ashok Leyland spare parts seller, opening up a world of opportunities for Sri Lanka’s Ashok Leyland bus, lorry and tipper truck owne

Kenstar, with a history of over five decades in cycling, brings to the islanders a new range of bikes with a choice for children, ladies and without doubt, a total mountain bike range for all ride types.

Papyrus Papers, a name synonymous in Sri Lanka with fine paper, celebrates a 15-year journey of organic growth via logical diversification this month.

Sri Lankan Airlines successfully conducted ‘Rumble in the Jungle’ the premier mountain biking event that attracts local and international cycling pros and enthusiasts recently. Conducted for the fourth 

Swim Week Colombo's new position is to create an eco-system of practices that not only enhances the environment but empowers individuals to adopt practices and methods that unburden the 

The excitement at “Cinnamon Life Presents George Calombaris, a Masterclass with Knorr”was at its zenith as lucky foodies thronged to see the celebrity chef and taste his mouth-watering food. While 

Jaguar Land Rover and Gorillaz are working together to recruit the next generation of world-class electronics and software engineering talent witha code-breaking challenge found in the virtual band’s

The Factory Outlet, known to be one of Sri-Lanka’s exclusive fashion retail provider opened its wings to penetrate a fashion concerned, design oriented audience living along the coast of Sri-Lanka. TFO 

Leo Burnett Sri Lanka,the local office of the global advertising network Leo Burnett Worldwide recently celebrated its 18thanniversary. Leo Burnett Sri Lanka has grown exponentially into one of the most 

A prominent presence in the construction industry for over two decades, Suncity Property Developers has entrenched its impressive credentials by successfully completing many luxury apartment 

Unilever Sri Lanka, the nation’s number one employer of choice, recently marked the completion of its inaugural LEaD (Learn, Explore, Develop) training programat their head office. The event saw 18 

Aviraté, an international lifestyle fashion brand owned by Timex Garments (Pvt) Ltd, recently unveiled its highly anticipated High Summer Transitional 2017 Collection, “Parisian Chic”at a Sneak Peek 

Despite the record high banking sector credit granted in recent years, Sri Lanka’s private sector credit still stands amongst the lowest in comparison to the size of the economies in the Asia Pacific region, the data compiled by Fitch Ratings L

REUTERS: The Sri Lankan rupee ended weaker yesterday as dollar demand from importers weighed on the spot currency when it resumed trading after six weeks, dealers said.

REUTERS: The top firms in California’s Silicon Valley carry more weight on the global stage than many countries, which makes building diplomatic relations with them increasingly important, the world’s first national technology ambassador

Sri Lanka’s newly appointed Finance Minister Mangala Samaraweera has emphasized the need for disaster-resilient infrastructure in the face of climate-related calamities, such as the deluge Sri Lanka experienced a couple of weeks ago.

Amãna Bank has received an approval in principle from the Colombo Stock Exchange (CSE) for listing of additional shares to be issued through its proposed rights issue.  Upon securing the shareholder approval at the forthcoming extraordina

The upcoming ‘Sri Lanka Economic Summit 2017’ organized by the Ceylon Chamber of Commerce will conduct a dedicated thematic session to discuss, how important it is for the Lankan manufacturing sector to become competitive to attract globa

Re-asserting its longstanding commitment to the environment, the S.W.R.D. Bandaranaike National Memorial Foundation (BMICH) was recently recognised with the prestigious ISO 14064-1:2006 pollution control certification, awarded by the Sri Lanka Climat

The Colombo Stock Exchange (CSE) recently helped a group of residents in Matara who were affected by floods. 

A one-day workshop on export procedures and documentation  with special attention on enhanced market access under the new GSP plus concession, will be held on June 30  from 9.00  a.m to 4.30 p.m  at the chamber auditorium, Colombo

Whittall Boustead Limited, a subsidiary of John Keells Holdings PLC (JKH), yesterday divested 65,001 shares of Union Assurance PLC to allow the insurer to work towards complying with the continuous minimum public holding rules of the Securities and E

Fairway Waste Management (Pvt) Ltd and the Waste Management Authority of the Western Provincial Council recently signed a Concession Agreement to form a Public-Private Partnership that would 

The Third Lamudi Real Estate Expo that took place onthe North Lawn of Taj Samudra on the 17th and 18th of June 2017 turned out to be a roaring success. Welcoming property seekers and investors from