Sri Lanka’s Horana Plantations PLC, a unit of businessman Dhammika Perera’s Vallibel group, recorded a net profit of Rs.7 million for the September quarter (2Q18) against a net loss of Rs.84 million recorded for the same period last year.

Zeppelin has, throughout its 35-yearhistory, brought in outstanding and innovative products. Now, to help Sri Lankans ride the wave of vinyl’s revival they have introduced this cool belt-driven three speed 

Sri Lankan tea exports to Russia are likely to see some respite with the Sri Lankan and Russian officials agreeing to work out a plan to break the impasses that have been dogging trade between the two nations of late.

The top management of the Ceylon Electricity Board (CEB) will be dealt with appropriately for not facing the public and explaining why it is not responsibly discharging its duties to ensure energy security in Sri Lanka in an efficient manner, a visib

Birthed with the vision & extensive industry experience of a passionateTea Taster, Bubbluscious opened its doors to bubble lovers little less than a year ago. Presenting not only a unique rang

The Sri Lanka Association of Inbound Tour Operators (SLAITO) has extended its support to the initiative taken by the Department of Wildlife to limit the number of vehicles entering Yala

Sri Lanka Administration Secretary Special Grade Officer Chinthaka S. Lokuhetti assumed duty yesterday as the new International Trade Ministry Secretary.

A delegation from the Osnabruck University of Applied Sciences visited the Board of Investment (BOI) to study Sri Lanka’s investment climate and opportunities for investment in the country.

South Asia Textiles Limited, a leading Sri Lankan textile manufacturer specialized in producing exceptional quality weft knitted fabric, is to implement the five-year strategic plan developed with MTI Consulting.

His Excellency the Hon President of the Maldives Abdulla Yameen introduced the Mastercard Passport Card to the cabinet ministers at his office recently. Top cabinet ministers and department 

The world oceans play an important role in the sustenance of the planet earth and human kind.   Humans have been using the oceans for various purposes; as a source of food, to travel and explore and to trade and acquire wealth.  

S.W.R.D. Bandaranaike National Memorial Foundation (BMICH) recently organised a series of blood and eye donation campaigns, as well as religious observances, in commemoration of its founders. Those who signed up to donate to Sri Lanka’s eye ban

Education to Empowerment (E2E) is a non-profit organisation using technology to bridge the urban-rural digital divide by giving primary students in rural Kandiyapita a modern education.

Shangri-La Hotel, Colombo collaborated with the Foundation of Goodness for the inaugural of Ironkids Aquathlon, held recently with more than a hundred children from seven to 13 years old participating. The first of its kind in Sri Lanka, the event ca

The renowned fashion retail chain, Glitz celebrated this year’s World Children’s Day with a special agenda of events at the Maharagama Apeksha Hospital, making it an event to remember for the childrenat the hospital.

Aligned with its commitment to uplift the lives of children from economically underprivileged schools, My Friend Foundation organized an exclusive event to mark Children’s Day on 4th October 2017.

Arden Institute, Sri Lanka’s premier personal and professional development training institute, is the academic partner of American Hotel Lodging & Educational Institute (AHLEI) in Sri Lanka.    Arden in collaboration with AHL

230i one Sri Lanka’s most innovative digital media agencies, recently partnered with the Big Bad Wolf book sale to create awareness, stimulate conversation and engage audiences. 

Publicis Groupe, the world’s third largest communications company recently extended its presence to Sri Lanka by launching Saatchi & Saatchi, a full service, integrated communications company that operates on the philosophy that ‘Noth

A forerunner in Sri Lanka’s construction industry, Nawaloka Construction Company (Private) Limited, recently completed the massive concrete pouring project at ITC One Colombo 1.

The government is committed to introduce a cost-reflective pricing formula for fuel and electricity by next year, Central Bank Governor Dr. Indrajit Coomaraswamy said.

As Sri Lanka is looking at new avenues to fast-track growth, a top cabinet minister recently suggested industries to look in the direction of alternative finance, an option that is becoming increasingly popular throughout the world.

Sri Lanka’s largest business summit, the National Conference of Chartered Accountants, was inaugurated yesterday in the presence of the country’s corporate glitterati comprising of top business leaders, decision makers, accounting and fin

The Colombo Stock Exchange (CSE) has embarked on a countrywide project to identify and understand the number and scale of the potential new investors who are currently staying out of the market.  

REUTERS: Sri Lanka is preparing legislation with tax incentives to attract investment into a big property development near the Colombo port that includes a US $ 1.4 billion Chinese-backed real estate project, a government minister said yesterday.

The new Securities and Exchange Commission (SEC) Act will be gazetted and presented to Parliament for approval shortly.

Sri Lanka’s unemployment rate in the second quarter of 2017 (2Q17) fell to 4.5 percent from 4.6 percent in the corresponding quarter last year (2Q16), according to the country’s statistics office. The survey estimated that 261,276 new job

DIMO’s ‘Night of the Incredibles’ awards ceremony is held annually to recognize and appreciate tribe membersfor their performance and good work. 

The 269-hectare sea reclamation project by China Harbour Engineering Corporation extending Galle Face sea front has reached the halfway mark. The project is expected to be completed by mid-2019. The picture shows two dredgers at work

The Sri Lanka Tourism Development Authority (SLTDA), the apex body of Sri Lanka tourism, has moved into G Suite, the cloud-based application from Google, to improve its internal communications and to advance the services it offers to the industry at