Sri Lankan shares fall on profit-taking in blue chips
Reuters – Sri Lankan shares edged down on Monday as investors booked profits in blue chips such as John Keells Holdings Plc, with analysts saying the market was waiting for policy direction from...
View ArticleSix lucky customers win MacBooks from MBRK
MBRK, the premium men’s clothing brand launched an innovative promotion that surprised and delighted shoppers. Customers who purchased MBRK products were able to participate in a raffle draw offering 6...
View ArticleAdvantis Engineering Enables Sri Lanka’s Economic Growth through Turnkey...
With the industrial expansion taking place in the island, the demand for commercial office space in the heart of Colombo has been growing steadily over the years. With a burgeoning economy, rise in...
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Inflation in April 2017
Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics (DCS), decelerated to 8.4 per cent in April...
View Article‘Hemas Cash Back’ VAT Reclaim Service helps travellers transform trash into cash
Hemas Travels, the local representative for Hogg Robinson Group (HRG), the global travel management company with representation in over 120 countries, has been appointed the official representative for...
View ArticleAllianz Lanka Registers Impressive Q1 2017
Allianz Lanka continued to maintain its growth momentum across its life and general insurance businesses through Q1 2017. The Non-Life company, Allianz Insurance Lanka Ltd., recorded 33% YoY growth...
View ArticleOman Air wins the “Best Arab Air Carrier supporting Arab Tourism” Award
Oman Air, the National Carrier of Sultanate of Oman, is celebrating the latest in a string of prestigious wins, following the presentation to the airline of the ‘Best Arab Air Carrier supporting Arab...
View ArticleSLT announces the “Zero One Awards Night” dedicated to recognize digital...
Sri Lanka Telecom has announced the approach of the SLT Zero One Awards (SLT 01Awards) Night, which will take place on the 30th of May, at the Hilton Colombo. SLT Zero One Awards aims to encourage...
View ArticleInvestors and Business partners from over 20 countries to take part in ‘Sri...
The upcoming Sri Lanka Investment and Business Conclave 2017 ‘ has seen interest from investors and business partners from over 20 countries, who are looking for opportunities in diverse sectors of the...
View ArticleLeading Machinery Manufacturer and Distributor Alcobronz Acquired By Nawaloka...
Nawaloka Holdings, a diversified conglomerate in Sri Lanka recently acquired the leading machinery Manufacturer, Importer and Distributor Alcobronz (Pvt) Limited. With over 40 years of experience in...
View ArticleSri Lankan shares fall on profit-taking; cues from new finmin awaited
Reuters – Sri Lankan shares fell for a second straight session and hit a near one-week low on Tuesday on profit-taking, while investors cautiously awaited policy direction from the country’s new...
View ArticleThe apartment development sector reacts to CB Governor’s recent comments on...
Responding swiftly and strongly to the statement made by the Governor of the Central Bank with regard to the apartment development industry, stalwarts of the industry have stated that it was...
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The Galle Face Hotel Welcomes Glenfiddich Brand Ambassador
South Asia’s leading Grande Dame, the Galle Face Hotel is one of Colombo’s most iconic institutions. For over 150 years, the landmark hotel has set the bar for luxury accommodations and is the...
View ArticleAmãna Bank gets capital boost from ICD
Amãna Bank has received confirmation from IB Growth Fund (Labuan) LLP, a subsidiary of the Islamic Corporation for the Development of the Private Sector (ICD), to participate in the Bank’s forthcoming...
View ArticleSri Lankan shares rise as foreign investors buy blue chips
Reuters – Sri Lankan shares edged up from a one-week low on Wednesday as foreign investors bought shares in blue chips such as John Keells Holdings PLC, with turnover hitting a 5-week high. The Colombo...
View ArticleSri Lanka-China Business Council established in Hangzhou
Consulate General of Sri Lanka in Shanghai in collaboration with Herbilan group established Sri Lanka-China Business Council in Hangzhou, China on 18th May at Hangzhou Blossom Tao Hotel. The main...
View ArticleSri Lanka’s newly established Private – Public Partnership Unit to be...
Sri Lanka will launch its ‘Private – Public Partnership ( PPP) Unit’, set up through a Cabinet decision at the upcoming ‘Sri Lanka Investment and Business Conclave 2017’, which will take place on the...
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Futureworld announces relocation of store to spacious location
Futureworld Lanka (Pvt). Ltd was incorporated in 2009 backed by the prestigious Singapore-based Thakral Group. After originally opening its doors in Vietnam in 2007, Futureworld Group had expanded to...
View ArticleSri Lanka to retain public ownership of roaring supermarket chain
Sri Lanka promptly shot down raging claims that the government owned Lanka Sathosa chain is to be sold to a diversified conglomerate in the country. “Though we usually do not bother about such social...
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Uber Launches Snapchat Custom Filters In Sri Lanka
Uber, the ridesharing app that is redefining urban mobility across the world, will begin a phased roll-out of a unique integration with Snapchat in Sri Lanka, starting today. With this new feature,...
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