KIA Motors, the sole distributers of KIA in Sri Lanka, recently launched the all-new KIA Sri Lanka mobile app in partnership with Evoke International.

The first batch of trainees at the Ceylon German Technical Training Institute (CGTTI), Borella, sponsored by David Pieris Motor Company (Pvt.) Ltd (DPMC), passed out recently while the second batch was recruited simultaneously.

CEAT Kelani Holdings has moved into the new year with the added impetus of its appointment as an original equipment manufacturer (OEM) for a range of heavy-duty trucks, tippers and light commercial vehicles assembled in Sri Lanka by Lanka Ashok Leyla

DIMO, one of the leading conglomerates in Sri Lanka, is providing the customers who are planning to buy pre-owned luxury vehicles, with speedy, hassle-free, trusted service, through its pre-owned vehicle sales arm ‘DIMO Certified’.

All registered tourist establishments will soon be required to accept foreign exchange from non-residents of Sri Lanka.

The Central Bank of Sri Lanka (CBSL) announced today that it will take further policy measures to strengthen macroeconomic stability and pave the way for a gradual recovery in the economy.

The government is projecting a 20-25 percent loss in the country’s agricultural output, as a direct result of its ill-thought-out, ambitious organic agriculture drive.

Despite a growing chorus for a restructuring of Sri Lanka’s outstanding debt, such a move could entail further rating downgrades, as it implies that investors would receive less value than what they were promised when the bonds were issued original

A unit of Access Engineering Group, Access Logistics Park Ekala (Pvt.) Limited, has won a bid to develop a 36-acre logistics and business park mixed development project in Ekala, Ja-Ela, from the Urban Development Authority (UDA).

The Cabinet has cleared a draft bill to amend Intellectual Property Act No. 36 of 2003, which would allow the National Intellectual Property Office (NIPO) to register geographical indications (GI) on products that have specific geographical origins t

Macksons Bathware (Pvt.) Ltd, a unit of Macksons Holdings, has secured a 20-acre land plot in the Raigama Green Industrial Zone on long-term lease to set up a sanitaryware plant, with an investment of Rs.6 billion.

Sri Lanka will build four more flyovers in the Muththettugala railway crossroad and Hiripitiya junction, Pasyala junction, Negombo Maristella junction and Thalawathugoda junction, to reduce traffic congestion, with financing from Hungary.

The year 2022 has started off with a bang for the Maldives tourism sector, as over 24,000 tourists visited the country within the first few days of January.

Ceylon Petroleum Corporation (CPC) has agreed to provide 10,000 MT of diesel to the Ceylon Electricity Board (CEB), which would be sufficient for the generation of electricity for eight days, potentially averting the power cuts that were supposed to

Microsoft’s US $ 69 billion deal to buy video game powerhouse Activision Blizzard is expected to win out with regulators despite vows in Europe and the United States to rein in tech titans.

Sri Lankan shares inched higher yesterday as communication services and real estate companies rose, although weakness in the energy sector limited gains.

State Minister of Aviation and Export Zones Development, D.V. Chanaka said international flights would commence from Ratmalana airport from the 29th of this month.

H2O One announced that Deepthi Upul Sumanasekera, the former National Water Supply & Drainage Board (NWSDB) General Manager has joined the board of Directors of H2O One Private Limited.

Central Depositary Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), has strengthened its client base for the provision of registrar services with the addition of Chrissworld PLC.

Dr. Prasantha Jayamanna, who was serving as the Vice Chairman of Sri Lanka Ports Authority (SLPA), has been promoted to the position of Chairman, according to the Ports and Shipping Ministry. Jayamanna will be replacing Capt. Nihal Keppetipola, a sh

Inspiring female professionals in Sri Lanka and Maldives came under the spotlight this week at the ‘Top50’ Professional and Career Women Awards 2021 where they were honoured for contributing to their respective fields.

The U. S. government’s Agency for International Development (USAID) launched a free online mentoring platform recently to connect emerging entrepreneurs with experienced business experts.

Aislaby Estate located in Bandarawela, renowned for producing high quality teas established an all-time record priceat the tea auction held on 18th January, by securing an attractive price of Rs.1,040 per kg for a FBOPF1 grade, in the Uva High Catego

Considering the success of many online webinars held during the last two years, the Japan Sri Lanka Technical & Cultural Association, (JASTECA) will embark on a series of Sinhala medium webinars.

Kenilworth Estate located in Ginigathhena which is renowned for producing high quality teas established an all-time record price at the tea auction held on18thJanuary 2022,

The CTBUH Sri Lanka conference on ‘Future Cities: Addressing Carbon, Climate and societal Crises’ was held recently at Bandaranaike Memorial International Conference Hall.

International Construction Consortium (Pvt) Ltd (ICC) emerged as a key driver of environment-friendly structures in the country with the Green Building Council of Sri Lanka (GBCSL) awarding their newest property, Oceanfront Condominiums (OFC) Galle t

DFCC Group subsidiary, Lanka Industrial Estates Ltd (LINDEL), was recently awarded the ‘Bronze award’ for their Annual Report for financial year 2020/21 themed ‘From Resilience to Progress’, in the ‘Land and Property’ sector at 56th Annua

The Cabinet of Ministers yesterday announced its decision to extend the Smallholder Tea and Rubber Revitalization Programme funded International Fund for Agriculture Development (IFAD) till the end of 2022.

Oman biz fraternity to partake in ‘The Sri Lanka Export Brands’ at Expo 2020