Toyota Motor Corp and Ford Motor Coompany will work together to develop hybrid trucks and SUVs that will be ready for market by the end of the decade, the two companies

The Cabinet of Ministers has authorized supplementary funding amounting to approximately Rs 74 million (Seventy Four), to enable a subsidiary owned by ICTA to maintain and operate the Lanka Government Network (LGN), beyond August 2011

Hewlett-Packard said on Thursday it is considering a sale or spinoff of its personal computer unit, will halt production of its webOS devices such as the TouchPad, and agreed to buy British software firm Autonomy Corp for $10.2 billion

Fitch Ratings Lanka has assigned Pan Asia Banking Corporation PLC's (PABC) proposed subordinated debentures of up to LKR2.0bn a National Long- Term rating of 'BBB-(lka)'

Central Bank issuing a note of clarification a while ago said the bank has not been issued ‘an advisory statement’ by the Bank for International Settlement (BIS) as stated in a media report

The 12th Annual General Meeting of the Tea Exporters Association will be held at 6.30 pm on Friday, 19 August, 2011 at the Grand Ballroom – Hotel Galadari Meridien, Colombo 1

Getting closer to nature Plastic Pakaging gets OK COMPOST certification for NaturPlus bags sans polythene Though celluloid is the key and most crucial word in the reel world, in real life Polythene and plastic are the most menacing substances tha

Time Warner Cable has reached a deal to buy The Carlyle Group's cable operator Insight Communications Co for around $3 billion in cash, a source familiar with the matter said on Sunday.

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AET states that work-related events, known as affective events,  occurring in workplaces cause specific emotional reactions in employees which in turn lead to attitudinal and behavioural changes in employees. AET marked the beginning of the stud

When Dissa asked me if I could contribute a small piece on the tenth anniversary of the American university placement agency that he and Priyanthi run, I immediately said yes.  Even though with my rather hectic schedule it took me three months,

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Sri Lanka sees the dawn of a new era as Etisalat yesterday launched the country’s only 3.75 G network. As the telecommunications giant strides forth towards becoming Sri Lanka’s undisputed industry leader, with this launch Etisalat pla

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Dell recently announced the addition of Samson Information Technologies (Pvt) Ltd (Samson IT) to the list of Dell partners in Sri Lanka. Samson IT, which is a member of the reputed DSI Samson Group, will now distribute Dell’s suite of commercia

Oman Air, the national carrier of the Sultanate of Oman, has enhanced its website to accept debit cards.  This added feature will benefit those customers who do not own credit cards but wish to purchase Oman Air’s ticket on the internet.

The annual ‘Destination Nature Fair’ was held in Paris from 25th to 27th March, with the participation of more than 200 companies, including Sri Lanka.

“Today, virtually every country in the world is grappling with the scourge of counterfeit and unregistered drugs threatening the lives of patients and, by working together, Sri Lankan families can be kept safe from this hazardous problem,&rdquo

The Volkswagen Beetle owner’s club presented its annual Volkswagen beetle rally commemorating the fifteenth  Anniversary Celebrations of the “Pride of Ownership” Drive. This year’s event was held for its twelfth 

Natural Rubber (NR) has been effectively used for various industrial applications. Invention of pneumatic tyres and inner tubes in late 1840’s and the expansion of the automobile industry resulted in a greater demand for NR. However, the pro

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Seylan Bank on last Wednesday presented its 2010 annual report titled ‘The Business Case’ in an glittery event that showcased the bank’s unprecedented growth in the hands of its new management and the shareholders. The annual report

My company hasn’t blocked social networks as we are very pro-social networking. When a vacancy exists, we put it on Facebook and receive hundreds of applications. This is something we need to accept as a reality and we can’t avoid it anym

As enthusiastic cricket fans in Sri Lanka gather around their television sets to watch the ICC Cricket World Cup 2011, Emirates, an official partner of the event has provided yet another opportunity to win tickets to World Cup matches being played in

Keeping in line with the promise of 'Blackberry for everyone", Etisalat has opened  Sri Lanka's 1st ever Etisalat Blackberry Care Centre. Conveniently located on  196, Highlevel Road, Colombo 6, this inaugural 'Blackberry C

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HSBC joined hands with the International Union for Conservation of Nature (IUCN) for the restoration of the Warawewa Village tank for livelihood development and enhancement of the ecosystem. The official agreement between HSBC and IUCN was signed by

Alpha Orient Lanka Limited, a member of the world's number one travel retailer as well as the leading duty free merchant at the Bandaranaike International Airport (BIA), recently concluded their Christmas and New Year mega promotion successfully.

Cathay Pacific Airways has launched attractive fares and packages to the colourful, exotic destinations of Bangkok and Singapore.Get hooked on the best deals in town with amazing fares to Bangkok and Singapore, as Cathay Pacific offers travellers a c