Fashion Bug, one of Sri Lanka’s leading retail clothing stores with over 17 outlets island-wide, clinched a Gold award for ‘Best Key Account Partner’ at the recent Annual Sales Conference of Triumph International held on 7th Februar

The US$ 3 billion construction company, Shapoorji Pallonji has been appointed the main contractor for Sri Lanka’s Altair residential twin tower in Colombo.

Hayleys PLC posted a profit of Rs. 338.6 million during the quarter ended 31st December 2013, down sharply from the previous Rs. 662.4 million.

Boeing maintained its 20-year forecast for airplane demand at US $ 4.8 trillion and predicted that nearly half of the world’s air traffic growth would be driven by travel to, from or within the AsiaPacific over the next two decades.

Commercial Bank of Ceylon has signalled its intentions to sharpen its focus on the sphere of investment banking, with the relaunch and renaming of its Corporate Finance Unit as ‘Commercial Bank Investment Banking’ to reflect the broader d

Post-war infrastructure development in the North and East involved the construction and rehabilitation of a number of bridges and culverts along various roads.

Ceylon Cold Stores PLC profits improved by a drastic 315 percent year-on-year (YoY) to Rs.259.4 boosted by strong operating profits during the quarter ended December 31, 2013. The turnover increased by 8 percent YoY to Rs.6.30 billion while the cost

ISM eCommerce recently signed an agreement with the Board of Investment (BoI) for setting up a project to develop software and provide business process outsourcing (BPO) services for the export market. The total value of this investment is US $ 3 mil

The reconstructed Sama Vihara Complex fronting Havelock City Project was declared open by His Excellency President Mahinda Rajapaksa amidst a distinguished gathering at a grand opening ceremony held recently. The temple was a gift from Havelock City&

If you’ve heard of customer relationship management (CRM) and wondered why it’s so important, it’s simple. No matter what business you’re in, unless your customers are happy you won’t succeed and this is why CRM is so im

An architectural masterpiece spanning over 60,000 sq. ft. with luxurious star-class facilities where one will be spoilt for choice, is at the doorstep of every Havelock City resident at the newly opened clubhouse.

RAM Holdings Berhad has divested RAM Ratings (Lanka) Ltd, its wholly-owned subsidiary in Sri Lanka. The acquisition was led by the management team from RAM Lanka comprising Mahinda Preethiraj Jayawardena and Adrian Perera.

The depositors of distressed finance company Central Investment & Finance PLC (CIFL), who opposed the restructuring plan proposed by the Central Bank, yesterday requested a dialogue with President Mahinda Rajapaksa for relief.

The distressed depositors of Central Investments & Finance PLC (CIFL) yesterday staged a protest in front of the CIFL head office in Dharmapala Mawatha, demanding their moneys back

Striving for eco-friendly spaces Overseas Realty – owner, developer, manager of the most iconic building in Sri Lanka, the World Trade Center, Colombo (WTC) was recognized as the most energy efficient building under large scale commercial build

The luxury cruise liner MV Voyager called at Magam Ruhunupura Mahinda Rajapaksa Port (MRMRP) in Hambantota recently, creating history as the first cruise vessel to call at the port.

Sri Lanka’s leading adventure company, Borderlands, will be marking its 10th year in the country by organizing the first ever planned circumnavigation of the island by kayak, with Mount Lavinia Hotel playing host to the inaugural paddle.

Tourist arrivals to the island grew only 2.8 percent in the month of November compared with the corresponding period of the previous year, the data released by the Sri Lanka Tourism showed

Dipped Products PLC, the rubber glove manufacturer of Hayleys Group said it is investing in a new facility at the Biyagama BOI Zone, where commercial operations are expected to commence from mid April 2014.

Expolanka Holdings PLC yesterday sold a 38 percent stake in Asia Pacific Institute of Information Technology (Pvt.) Limited (APIIT) to a Malaysian private equity fund in a deal worth Rs.663.7 million.

Aitken Spence, the blue-chip conglomerate which has a strong presence in Sri Lanka’s commercial sector as well as the region, recently announced the launch of its upmarket luxury complex ‘Heritage Grove’, aimed at providing the idea

The Subway restaurant chain, the largest submarine sandwich chain in the world, will launch its first restaurant in Sri Lanka in 2014.

Sampath Bank , the pioneer in introducing many an innovation to the Sri Lankan banking sector yesterday launched its latest state-of-the-art banking facility “Cardless cash ATM” for the first time in Sri Lanka.

Dialog Axiata PLC announced it will offer iPhone 5s, the most forward-thinking smartphone in the world, and iPhone 5c, the most colorful iPhone yet, to customers from today (December 13). The announcement follows Dialog being appointed the first and

National Development Bank PLC’s (NDB) Rs.10 billion debenture issue—the largest to-date—has been oversubscribed, the Registrars to the issue, SSP Corporates said a while ago

The Board of Directors of Eden Hotel Lanka PLC approved a 6-year funding facility from Seylan Bank PLC worth Rs. 1.5 billion, to finance the company’s purchase of Dickwella Resorts (Pvt) Ltd.

Hemas Integrated Logistics (Pvt.) Ltd showcased its Inland Container Terminal and Services division to its customers and well-wishers, recently.

Debentures of Sampath Bank will be listed on Colombo bourse’s Main Board tomorrow. Samapth raised Rs.5 billion in a five-year debenture issue, issuing 25 million rated, unsecured, subordinated, redeemable debentures at Rs.100 each with an optio

Sri Lanka’s Infor mation and Communication Technology Agency (ICTA) and Dialog Axiata PLC announced that Sri Lanka’s first and largest mobile payment and transaction service - eZ Cash had been selected and integrated as the first mobile p

Lanka Hospitals today announced that it was adjudged 1st runner up at the CIMA Business Case Awards 2013, for their case study on ‘A Thriving Business Model in the State Sector - the Lanka Hospitals Story.’