Renewable energy developer Vidullanka PLC is experiencing some headwinds in its attempt to acquire a Uganda-based renewable energy firm, which will delay the issuing of Vidullanka shares to fund  the acquisition.

South Asia Gateway Terminal (SAGT), a private container terminal operating at the Colombo port, has managed to strike a deal with its workers, ending a 13-day operational disruption at its berth, SAGT said in a statement, yesterday.  

The European Union (EU) is still concerned about the progress Sri Lanka has made in its human rights commitments with less than 4 weeks to go till the culmination of Sri Lanka’s Generalized 

HSBC Colombo Fashion Week concluded its summer season as the biggest, under the theme ‘Celebrate Colombo’ in association with Sri Lanka Tourism. Hosted at Hilton Colombo, CFW, in its 

Unilever Sri Lanka was recognized for excellence HR practices at the SHIFT 2020 - Sri Lanka Human Capital Management (HCM) Awards 2016 held recently in Colombo. Home to some of the country’s 

The new Range Rover Velar made a spectacular US debut with an exclusive live online performance from Ellie Goulding. The chart-topping singer’s New York show precedes a charity auction of the hotly 

Serendib Flour Mills (SFML) recently embarked on a long-term sustainability drive to minimize the company’s impact on the planet, whilst improving the overall management of water and energy use at

The Jaguar F-PACE is officially the best and most beautiful car in the world afterdouble success at the 2017 World Car Awards, scooping the prestigious World Car of Year and World Car Design of the 

The National Mobile Service Provider Mobitel’s mobile money platform, mCash, held its eagerly anticipated mCash Infinity Awards 2016 for the second consecutive year in recognition of the 

Founded in 1997 as an advocacy group, the Sri Lanka Food Processors Association currently consists of over 140 member companies.

Oman Air will start its new daily flight between Muscat and Manchester from May 1, 2017; the latest move in the airline’s ambitious and dynamic programme of fleet and network expansion.

Sigiriya Jungles revolutionized the luxury resort segment when it opened its doors for business. A breath of fresh air in terms of architecture and ethos, the deluxe Sri Lankan-styled resort offered a 

Diversified conglomerate Hayleys PLC, continuing with its buying spree, yesterday struck a mega deal to acquire a 71 percent stake in leading consumer durables retailer Singer (Sri Lanka) PLC (SSL) in a whopping Rs.12.5 billion deal.

Sri Lanka's most outstanding motorcycle stunt team, Pulsar Power Stunt Team, showed their prowess by winning the AFC Motor Bike Show Stunt Challenge in Nuwara Eliya last weekend.

DFCC Bank recently launched the ‘Avurudu Hat Trick Campaign’ in time for the Sinhala/Tamil New Year and existing and new DFCC customers can visit any of its branches island-wide to enjoy the 

Oman Air, the national airline for the Sultanate of Oman, will be adding to its exclusive portfolio of on-board products with a brand new collaboration with Roja Perfumes exclusively available to First and 

The 2nd day of the Ceylon T-Cup race, saw over 30 riders reach Kandy. The riders departed from Mahiyanganaya to reach Kandy via Hasalaka, Udadumbara, Hunnasgiriya, Rambukwella, Orutota, 

The 1st day of the Ceylon T-Cup race flagged off from Pasikudah on Friday 07th of April 2017. Over 30 riders, including international and local cyclists gathered at Pasikudah for the start of the 

The Asian Development Bank (ADB) recently said it could not rule out further tightening of the monetary policy by the Central Bank of Sri Lanka during this year to fend off any adverse developments in the economy. 

Despite all the noise about the current political stalemate, expected economic slowdown and crisis-stricken agricultural sector, Sri Lankans have increased their daily intake of proteins by way of eating more chicken meat, perhaps to produce more ene

Sri Lanka’s stock market, which has lost significant value during the last couple of years, is now on a mission to rebuild investor confidence by clamping down on market manipulation with the help of whistleblowers. 

The installation of an advanced container scanning system, which has attracted controversy, would take place within the next two to three months, Sri Lanka’s finance minister said recently. “We will probably start in the next two to three

REUTERS:  An islandwide protest on Friday by Sri Lankan doctors demanding closure of a private medical college crippled the health services, leaving thousands of patients unattended and threatening the investment climate.

REUTERS: Oil rose further above US $ 55 a barrel yesterday, supported by another shutdown at Libya’s largest oilfield and heightened tension over Syria following the US missile strike.

Sri Lanka’s industrial activity picked up slightly this February compared to a year ago, amidst higher inflation, although production slowed down compared to January 2017, provisional data released by the Census and Statistics Department showed

Microsoft recently held its second ‘Device Day’ at Cinnamon Grand Colombo. 

Brandix won Gold and two special awards for Human Resource Management at the 2015-16 National Human Capital Management (HCM) Awards ceremony at the Cinnamon Grand hotel on  March 31, once again demonstrating the Group’s commitment to its p

For the first time in Sri Lanka, the British School in Colombo embarks on the wave of digital transformation in partnership with Tech One Global, Microsoft, and Learning Possibilities. 

To assist Millennium Challenge Corporation (MCC), an independent U.S. foreign aid agency fighting global poverty, to identify issues faced by investors with regard to access to commercially-viable land, Institute of Policy Studies of Sri Lanka (IPS)

Huawei, the number one growing smartphone brand in Sri Lanka, launched its seasonal Avurudu promotion tagged ‘Avurudu Bonus’ providing gift vouchers worth Rs.1.5 million for customers who purchase the Huawei GR5 2017 and P9 Lite between M