Access Motors, synonymous with automotive quality has introduced its inaugural stand-alone detailing and tyre shop – Bodyshop by Access Motors Absolute Detailing. Strategically located at the IOC premises in Kirimandala Mawatha, Colombo 05, this m

DIMO hosted an exclusive evening – The Mercedes-Benz ‘StarDiscovery+’ to uncover the mysteries behind the iconic three-pointed ‘Star’ for their Mercedes-Benz clients recently. The StarDiscovery+, led by Mercedes-Benz AG trained technical e

John Keells Properties has partnered Union Bank, to provide innovative and attractive mortgage solutions for ‘Viman’ Ja-Ela, John Keells Properties’ latest residential project, providing customers with enhanced financial flexibility and seamles

SLT-Mobitel, the national ICT solutions provider, has partnered with Capitol Developers, a part of the Sanken Group and pioneer in the nation’s construction industry, to provide the Capitol TwinPeaks luxury mixed development project with SLT-Mobite

The Ceylon Institute of Builders (CIOB) has proved that the construction cost in Sri Lanka is now in par with our neighbouring countries namely Malaysia, Indonesia & Bangalore. Therefore, Sri Lanka is in a position to attract foreign direct investmen

99x announces its successful achievement of the ISO 27001:2022 certification, a globally recognised standard for information security management systems (ISMS). This accreditation underscores 99x’s unwavering commitment to ensuring the highest sta

Plasticcycle, the social entrepreneurship project of the John Keells group, concluded its inaugural Start-Up-Cycle initiative, with the Demo Day recently. Start-Up-Cycle is the challenge platform of Plasticcycle, launched in collaboration with John

Ritz Clothing, a longstanding and respected player in Sri Lanka’s apparel sector, traces its roots back to the visionary initiation of the 200 Factories project of the early 1990s by the late President Ranasinghe Premadasa. At the helm of this dyn

Beliatta Exim Holdings Private Limited, a leading food manufacturer based in Sri Lanka, secured the Bronze award under the fruit and vegetable products category at National Industry Excellence Awards 2023, organised by the Industrial Development Boar

Hutch, a prominent player in the Sri Lankan telecommunications industry, announces a groundbreaking shift in connectivity dynamics with its latest social media plans. Renowned for delivering unmatched value for money, Hutch is committed to meeting s

As a revolutionary modern trade retailer in the market, Softlogic Glomark expands its presence even further in the Sri Lankan modern trade sphere, with another one-of-a-kind global supermarket experience in Wattala. Glomark Wattala was ceremoniously

Sri Lanka needs to enter into agreements with its official and private creditors before the second review of the Extended Fund Facility (EFF), which is expected to be concluded by the end of the first half of next year, IMF Senior Mission Chief for S

Orit Apparels Lanka (Pvt.) Ltd claimed the Gold award among the extra large companies in the textile and garment sector for the second consecutive year, at the NCE Awards ceremony recently. Being adorned with the prestigious Gold award on a momentou

Sri Lanka’s gross foreign reserves are projected to reach US $3.8 billion by the end of 2023, according to International Monetary Fund (IMF) projections.

The increase in Value Added Tax (VAT) will be applicable to all sectors across the board, and no industry, including IT, will be exempted from the policy that will go into effect from January 1, 2024, asserted President Ranil Wickremesinghe.

The Cabinet of Ministers this week approved a proposal from Australia’s United Solar Group to invest US$ 1.73 billion....

High net worth but low-profile individual Dr. T. Senthilverl through his Senthilverl Holdings Pvt Ltd has increased his stake in Amana Takaful ....

The government has decided to award the contract for the design and construction of Ratmalana Railway Diesel Power Set Factory....

Sri Lanka’s tourism industry has managed to fulfil nearly 66 percent of its revenue target for the first 11 months of the year, with November earnings totalling US$ 205.3 million. The provisional....

The Cabinet of Ministers this week approved a proposal from Australia’s United Solar Group to invest US$ 1.73 billion to construct a 700 MW solar power plant with a battery energy storage system at Poonakary....

The Cabinet of Ministers this week gave its approval to establish a collaborative standing committee comprising representatives from various key institutions to expedite the implementation of renewable...

India’s U-Solar Clean Energy Solutions has bagged a US$ 11 million contract to supply electricity to the residents of Delft, Nainathivu, and Analathivu islets in the Jaffna peninsula. The contract is being....

The Commercial Bank of Ceylon yesterday raised Rs. 12 billion in capital with its debenture issue closing after oversubscription on its opening day (December 12). It offered...

Dutch Lanka Trailer Manufacturers Limited (DLT) officially became a fully owned subsidiary of United Motors Lanka PLC (UML) yesterday with the conclusion of a Share Purchase Agreement....

The Sri Lanka Transport Board (SLTB) is poised to procure the necessary oil and lubricants necessary for its operations from Lanka IOC PLC and Chevron Lubricants Lanka PLC. The Department...

The Asian Development Bank (ADB) yesterday stressed the need to get more of the homestay owners to register with the Sri Lanka Tourism Development Authority (SLTDA) and ensure they are captured....

This year, Global Study Programme for ‘Future Leaders’ from Indo-Pacific Region will be conducted by the Foreign Affairs Ministry in Taipei, the capital city of Taiwan, over a period of one....

Sunil Dissanayake, retired DG of the BMICH and hospitality/MICE and HR professional, has been appointed as a Visiting Faculty Member for the Business Administration Honours Degree in Tourism....

Varsity Battles 2023, the inaugural inter-university capital market quiz competition, organised by the Securities and Exchange Commission of Sri Lanka (SEC) and Colombo Stock Exchange...

In a grand spectacle on December 8, 2023, Movenpick Hotel Colombo ushered in the festive spirit with a ceremonial lighting of the Christmas tree. The esteemed...