Sri Lanka’s lubricant market has become messy due to a large number of unlicensed players acting on rules unto themselves due to lax regulations and their activities have caused losses to the government, licensed operators and consumers at larg

AFP: The EU blocked the blockbuster merger of the London Stock Exchange (LSE) with Germany’s Deutsche Boerse yesterday, snagged by competition concerns and the fallout from Brexit.

Ministerial level discussions are currently underway to decide on subsidized terms of sale of rooftop solar PV plants through the state-owned Ceylon Electricity Board (CEB), an official said yesterday.

REUTERS: Sri Lankan shares rose for a second straight session yesterday, posting their highest close in nearly one week, helped by foreign investor buying and quarter-end window dressing, stockbrokers said. The Colombo stock index closed 0.61 percent

REUTERS: The Sri Lankan rupee ended firmer yesterday, helped by exporter dollar sales and inward remittances but importer demand for the greenback from a state bank weighed on the sentiment, dealers said.

Elevating bathroom designs with style and practicality offering an exciting, trend-setting Faucet and Minutery range, Remer Rubinetterie Spa has named Invo Lanka International (Pvt) Ltd., as the exclusive local agent for its family of products.

The town of Nawinna has become the home of the largest footwear factory sales outlet in the country. 

The Institute of Post Harvest Technology (IPHT) of the Ministry of Agriculture recently launched a program aimed at improving the supply and value chain activities of commercially grown mangoes in Sri Lanka. 

Ceylon Oxygen Limited (COL), a member of The Linde Group, has become the first Sri Lankan company in the medical and industrial gases industry to receive the updated version of the ISO 9001:2015 certification for the manufacture, distribution and ret

The strategy-critical project carried out by MTI Consulting for Limoneira, the Nasdaq listed and USA’s largest lemon producer, is to be published as a case study in an upcoming publication by Routledge of London in a book titled ‘Manageme

Steeped in the art of tea, Zesta, Watawala Tea Ceylon’s flagship, award winning brand is creating delicious experiences for guests of the high end hospitality chain, Shangri La – across all their properties, worldwide. 

Chevron Lubricants Lanka PLC successfully completed 15 years of zero days away from work across the entire operation that includes the base oil tank farm, laboratory, manufacturing, warehousing and distribution operation. This achievement is a testim

The Industrial Development Board (IDB) stimulates growth, expansion and development of SMEs by encouraging, promoting and facilitating small and medium enterprises.  

A 25-member Sri Lankan business delegation led by Sri Lanka – Russia Business Council of the Ceylon Chamber of Commerce together with the Sri Lankan Embassy in the Russian Federation visited Moscow last week. 

‘Kandy Mums’ has organized a grand sale of baked goodies, clothes, food items, shoes, costume jewelry, painting, perfumes and much more on April 1st to be held at the Queens Hotel Ballroom.

March 15th marked the opening of a brand new DSI showroom in Bandarawela.  The new showroom, which is the 3rd DSI showroom to be opened in the city, is located at Dharmawijaya Mawatha, Bandarawela.

Fashion Bug, one of Sri Lanka’s leading retail clothing stores with over 16 outlets islandwide, opened their 17th store in the heart of Wellawatte.

Sri Lanka’s cutting-edge digital health portal, Doc990, is presenting unbeatable savings to Sampath cardholders. 

Offering users an unparalleled viewing experience, Samsung Electronics’ QLED TV launched at the Carrousel du Louvre in Paris recently. 

Accentuating its commitment to providing an ultra-comfortable and fashionable approach to a healthier lifestyle, Skechers predominantly uses an ergonomically engineered Memory Foam sole in its footwear. 

In order to finance the group’s flagship LPG terminal in Hambantota, Laugfs Gas PLC has provided a corporate guarantee to the tune of US$ 42.6 million as security to its fully-owned subsidiary Laugfs Terminals Ltd to obtain a long-term loan fro

REUTERS: The Sri Lankan rupee ended weaker yesterday due to dollar demand from a state bank to cover import bills.

REUTERS: Sri Lankan shares closed slightly stronger yesterday, recovering from a more than one-year closing low hit in the previous session, as foreign investors bought battered stocks while block deals pushed the day’s turnover to a one-month

Beedi and illicit fags have made considerable inroads to Sri Lanka’s tobacco market due to ad-hoc and irrationally excessive taxes slapped on the legally manufactured cigarettes, making it extremely difficult to generate meaningful value, said

The shareholders of Sanasa Development Bank PLC (SDB) have approved   US $ 22.2 million equity and funding package from FMO Netherlands, SBI-FOM Fund and International Finance Corporation (IFC) during an extra ordinary general meeting held recen

The Maldives Hotel Asia International Culinary Challenge is the regions premier culinary competition with the participation of over 500 chefs. 

The important role played by supervising members in nurturing chartered accountants to become globally sought after professionals was highlighted recently at a Training Partners workshop organized by the Institute of Chartered Accountants of Sri Lank

CIMA Students’ Society (CIMASS) held its 23rd Annual General Meeting to appoint its office bearers for 2017: 

The Ceylon Chamber of Commerce will conduct a seminar on the topic ‘WTO Trade Facilitation Agreement – What Business Needs to Know,’ under the Trade Intelligence for Private Sector (TIPS) Initiative of the Chamber, which aims to hel

Sri Lanka’s trade deficit in 2016 widened 8.4 percent year-on-year (YoY) to US $ 9.09 billion with export earnings falling 2.2 percent YoY to US $ 10.3 billion, while the expenditure on imports rising 2.5 percent YoY to US $ 19.4 billion, the c