Bhashwara Senanka Gunarathna assumed duties as the new Chairman of the Sri Lanka Tourism Promotion Bureau (SLTPB) yesterday at a brief ceremony held in the premises of the SLTPB.

Hyundai Glovis Co. Ltd., the car carrier with a worldwide transport network, represented in Sri Lanka by Aitken Spence Shipping Ltd., a subsidiary of Aitken Spence PLC, was the first shipping line to explore the viability of transshipping automobiles

The Gross Written Premium (GWP) of Sri Lanka’s insurance sector rose 18.5 percent Year-onYear (YoY) to Rs.66.2 billion in 2011 with both General and Life Insurance segments recording substantial growths, country’s insurance regulator, the

The need of the hour is the know-how of purposeful use of the mobile phone phenomenon, says ICT Agency of Sri Lanka (ICTA) CEO Reshan Dewapura.

Intel Sri Lanka signed a Memorandum of Understanding (MoU) with the Ministry of Education recently in support of the government’s 1000 Schools Project.

Two opposition parliamentarians on Wednesday accused the government of misusing the hard earned savings of the people in the country by manipulating the share market through Employees’ Provident Fund (EPF) and the National Savings Bank (NSB).

UNP National List parliamentarian Harsha De Silva said the struggle to bring perpetrators of the NSB-TFC fiasco would go on undeterred.

Galadari Hotels (Lanka) PLC is confident that the proposed restructuring plan for the conversion of debt into equity will be fruitful, and pave the way for further investment and progressive change, its Chairman stated despite the hotel incurring a h

31 May 2012 Colombo:  This Poson too, for the 19th consecutive year, AVIVA NDB has made the customary arrangements to keep watch over the pilgrims who bathe in the reservoirs in and around Anuradhapura, Polonnaruwa and Dambulla

As IBM marks its 50-year presence in Sri Lanka this year, the global technology giant announced its partnership with Hatton National Bank (HNB), a leading private sector bank in Sri Lanka.

Triad’s ‘Young Lions’ team for Cannes Advertising Festival 2012 The winners of Sri Lanka’s Young Lions – Print competition for the second consecutive year.

Colombo, 29 May 2012: The unaudited financial results of AVIVA NDB Insurance presented for the three months ending 31 March 2012 recorded consolidated revenue amounting to LKR 3 billion.

Disagreements between Treasury Secretary DR.P.B Jayasundara and Sri Lanka Tourism Development Authority (SLTDA) Chairman Dr. Nalaka Godahewa have led to the resignation of the latter from the chairmanship of three tourism institutions under the Minis

Go Green Lanka Recyclers, whose main production facility is to be located i n Kalutara, has taken the initiative to collect, clean and recycle the yoghurt cups, drinking cups, plastic bowls and other plastic products made out of high impact polystyre

An Indian real estate company is to develop Colombo’s tallest residential tower designed by world renowned architect Moshe Safdie, in the 10 acre land previous belonging to the Colombo Commercial Company near Beira Lake.

The ‘Appzone Champions 2012’ Award Ceremony saw mobile application developers honored for excellence in seven different categories.

Hutchison Telecommunication Lanka (Pvt.) Ltd. became the first mobile operator in Sri Lanka to introduce an automated reload machine (ARM) similar to a self-service terminal used by the banking industry.

Looking for a portable office, canteen, restaurant or even a home, a unit which is unique in design and complete with comforts? Look no further as Logiventures will end your search with its extraordinary versatile Convertainer solutions.

With a reputation for consistently delivering innovative and creative ideas that work, BBDO Lanka, a part of BBDO Worldwide, presented an idea that has the potential to revolutionize the scope of environmental conservation. The launch of Asia’s

Exorbitant taxes on alcoholic beverages, particularly beer, in combination with other restrictions on sales and marketing may inadvertently fuel the demand for illicit liquor, according a Chief Executive Officer, Lion Brewery (Ceylon) PLC.

Sri Lanka’s tea exporters yesterday said that they are committed to preserve the brand ‘Pure Ceylon Tea’, but stressed the country’s export share in the world tea market should be expanded to avoid deterioration of Sri Lanka&r

A former tea industry personality plans to file legal action once again, this time on the grounds of ‘Contempt of Court’, in relation to the recent talks by authorities for setting up a tea hub or blending centre in the island.

Sri Lanka’s Securities and Exchange Commission (SEC) is to establish an ‘Investor Association’ to safeguard minority shareholder interests as well as function as a whistleblower against unlawful activities taking place in the Colomb

Securities and Exchange Commission (SEC) is said to be currently evaluating the legal options available to reverse the Rs.390 million controversial The FinanceNational Savings Bank deal, Mirror Business learns.

Dialog Axiata PLC recorded a net loss of Rs.531 million in the first quarter ending March 31, 2012 against a net profit of Rs.1 billion in the corresponding quarter of the previous year.

Galadhari Hotels (Lanka) PLC yesterday said that the company is currently facing a serious capital loss.“We wish to notify you hereby that the company's unaudited financial statements for the quarter ended 31 March, 2012 discloses th

People’s Merchant PLC recently marked the transformation of the company’s strengths gained over a period of three decades into a licensed finance company, under the Finance Business Act No.42 of 2011, with a launch ceremony he

Ceylon Tobacco Company PLC (CTC) contributed Rs.15.3 billion towards government levies during the first quarter of 2012, over Rs 14 billion during the same period last year.

Finlay Rentokil Ceylon (Pvt) Ltd, a subsidiary of Finlays Colombo PLC, was recently awarded the prestigious ISO 9001: 2008 certification for excellence in Quality Management Systems certifying timber preservation by a vacuum pressure impregnation pro

Bharti Airtel, India's biggest mobile phone carrier by subscribers, reported its ninth straight quarterly profit decline as intense price competition and losses on foreign exchange eroded earnings