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Toyota’s ‘Wigo’ gets its own fun space at Wattala

~ New Dedicated Showroom for Toyota’s First 1000cc in Sri Lanka Toyota Lanka (Private) Limited, the sole authorized distributor for Toyota vehicles in Sri Lanka opened doors to its latest showroom for...

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Noritake enters 2017 on winning note with National Quality Award

Noritake Lanka Porcelain (Pvt) Limited entered the New Year on a winning note by being awarded the National Quality Award in the Large Manufacturing Category at the National Quality Awards at the...

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Expectation on ability to save increases despite downward trend of...

Perceived Economic Opportunity PEO: December, 2016 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women...

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ikman.lk experiences positive growth with ‘Buy Now’

- A pick-up and delivery service, offering greater convenience to buyers and sellers - ikman.lk- Sri Lanka’s largest marketplace –announced positive growth over the past several months on the site’s...

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Altair architect Moshe Safdie in Sri Lanka this month

One of the world’s most eminent architects, who has a unique association with Sri Lanka, will visit the country next week to grace the 35th annual sessions of the Sri Lanka Institute of Architects...

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Fairway Holdings prepared to salvage Multi Finance

A prominent real estate management and property development company in Sri Lankan, Fairway Holdings (Private) Limited has decided to invest Rs. 550 million in the crisis ridden financial institution,...

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Completion of highly successful commercial contract between SriLankan...

The highly successful six-month commercial contract by which SriLankan Airlines ‘wet leased’ an Airbus A330-300 aircraft on Aircraft, Crew, Maintenance and Insurance (ACMI) basis with Pakistan...

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Fitch Affirms Sri Lanka at ‘B+’; Outlook Revised to Stable

Fitch Ratings-Hong Kong-09 February 2017: Fitch Ratings has affirmed Sri Lanka’s Long-Term Foreign- and Local Currency Issuer Default Ratings (IDR) at ‘B+’ and revised the Outlook to Stable from...

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Sri Lanka in major FDI call at High Level A-Pac Biz Forum in Dhaka

Sri Lanka is moving away from taxpayer funded Public Private Partnerships (PPPs), which has been the norm, and switching to privately funded PPPs-and a domestic Infrastructure Corridor Development plan...

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Haycarb records turnover of Rs. 9.4 billion and profit before tax of Rs. 768...

Haycarb PLC, the Sri Lankan multinational of Hayleys PLC reported revenue of Rs. 9.4 billion and profit before tax of Rs. 768 million for 9 months ending 31 December 2016. The profit after tax stood at...

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Nestlé quality standards recognised by Sri Lanka Standards Institution

Nestlé’s Maggi Coconut Milk Powder, Nespray Nutri-Up and Nescafé Ice Coffee RTD (Ready-To-Drink) were recognised for their high quality standards at the recent SLSI (Sri Lanka Standards Institution)...

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Business Sentiment – Confidence Nudges Up In New Year

Corporate executives take a slightly more positive stance on the state of business The news from official quarters hasn’t been all that positive with the prospect of a power crisis following prolonged...

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Japanese investor pumps USD 1 Mn in 700Kw mini hydro project at Erathna

A million dollar investment by a renowned Japanese investor paves the way for 700Kw mini hydro project at Erathna in Ratnapura. The project which is nearing completion is due to be commissioned in...

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Jaguar Land Rover Unveils Dedicated Regional Training Academy In Singapore

Jaguar Land Rover has unveiled a new dedicated regional training academy in Singapore. Based on the successful Jaguar Land Rover Academy in our global offices, the new training academy is the first...

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Maersk Line plans digitization push to improve customer experience in Sri Lanka

Maersk Line the leading container shipping company in the world recently completed 25 years of operations in Sri Lanka. It began its venture in 1992 as Maersk Lanka a JV with Ceylon Trading & John...

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DFCC Bank enters small enterprise sector with the launch of ‘Vardhana Sahaya’...

After six decades of nurturing small and medium businesses to become leading enterprises in their respective sectors, DFCC Bank is pleased to launch Vardhana Sahaya, effectively extending its expertise...

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Kelani Cables PLC conferred with National Quality Award for the second time

Kelani Cables PLC that produces the number one secure electrical and communication cable in Sri Lanka was conferred with the National Quality Award for the second time. Awards ceremony was held at...

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Kia stuns motoring world with its GT fastback ‘Stinger’

Kia, one of the most popular automobile brands in Sri Lanka, has unveiled the brand’s highest performing vehicle yet — the all-new 2018 Stinger — as the first step in a new direction for the design and...

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Sri Lanka launches tender to develop natural gas site in Mannar Basin

Sri Lanka has launched a tender to develop a gas block in the Mannar Basin off its northwest coast, vacated when Cairn India pulled out of an exploration project in 2015 as oil prices plunged. Sri...

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Sri Lankan shares hit more than 1-wk closing high; blue chips gain

Reuters – Sri Lankan shares hit a more than one week closing high on Monday as investors picked up battered blue chips such as John Keells Holdings Plc and Dialog Axiata Plc, brokers said. The Colombo...

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