Vito Mercedes-Benz now in Sri Lanka from DIMO
Diesel and Motor Engineering PLC (DIMO) will be introducing the second installment of commercial vans, the “Vito” under Mercedes-Benz. The new introduction will encompass a versatile edge consisting of...
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“SINGER” – NO. 1 Brand for TEN Consecutive Years
Also wins “Youth Brand of the Year” and “Consumer Durables – Brand of the Year” For the tenth consecutive year, Singer was chosen as Sri Lanka’s favourite brand at the latest edition of the...
View ArticleTata Steel to sell UK business, thousands of jobs at risk
AFP – Indian steel giant Tata Steel on Wednesday put its British business up for sale, placing thousands of jobs at risk and striking a heavy blow to the crisis-hit steel industry. Tata said in a...
View Articleikman.lk sees exponential growth in vacancy ads and job listings
Sri Lanka’s largest marketplace, ikman.lk today announced that its jobs category has seen exponential growth in numbers of job seekers, just three months after it announced a complete revamp of its...
View ArticleMa’s Foods Supports the Development of Culinary Skills among Students in...
Ma’s Food Processing (Pvt) Ltd branded as “MA’s Kitchen” recently upgraded and refurbished the Home Science room in Polwattha Sri Rathanasara Central College in Minuwangoda and handed over to the...
View ArticleSri Lanka’s Growth Will Recover With Fiscal Reforms
Sri Lanka’s economic growth is projected to recover in 2016 as private sector investment will pick up once fiscal reforms are committed to. Growth will rise further in 2017 as the global environment...
View ArticleSwiss Institute of Hospitality & Banking to open in Sri Lanka
The Swiss Institute of Hospitality & Banking will commence operations in May 2016 in Sri Lanka. It is the kick-off phase for a major business venture spanning a training institution, a hotel...
View Article82 flights delayed on new rules
A score of flights at Suvarnabhumi Airport and Don Mueang International Airport were delayed this morning following the implementation of new aviation rules. Aeronautical Radio of Thailand Executive...
View ArticleWithdrawal of Primary Dealership by The Hongkong and Shanghai Banking...
The general public is hereby informed that with effect from 01 April, 2016 The Hongkong and Shanghai Banking Corporation Ltd (HSBC) at 24, Sir Baron Jayathilaka Mawatha, Colombo 01, ceases to operate...
View ArticleHolcim Lanka emerges victorious for fifth consecutive year at SLIM Nielsen...
Holcim Lanka, a member of the LafargeHolcim Group, a leader in the construction material industry, emerged as victors, graciously receiving the coveted “Housing and Construction Brand of the Year”...
View ArticleRising Microfinance a Potential Risk for Sri Lanka NBFIs
Rising exposure to microfinance at Sri Lankan nonbank financial institutions (NBFIs) could pose a risk to their credit profiles, says Fitch Ratings. The exposure among Fitch-rated NBFIs stood at just...
View ArticleJCorp expects to finalise first investment deal in Sri Lanka this year
Johor state-owned conglomerate, Johor Corp (JCorp), is expected to finalise its first investment deal in Sri Lanka later this year. President/chief executive, Datuk Kamaruzzaman Abu Kassim, said the...
View ArticleTextured Jersey and University of Peradeniya to develop Textiles of the Future
Textured Jersey Lanka PLC (TJ), the region’s largest textile manufacturer signed a Memorandum of Understanding (MOU) with the University of Peradeniya (UoP), with the aim of expanding the smart textile...
View ArticleComplete overhaul of Sri Lanka’s plantation sector model essential
~ PA Chairman confident that incomes of workers will increase significantly in the long run if the proposals of the RPCs for worker remuneration are implemented Far-reaching changes to the operating...
View ArticleVista Rooms moves into Sri Lanka
Vista Rooms, the Indian low-cost hotel network, has announced its first foray into Sri Lanka. The company has now partnered with more than 200 hotels in 25 cities across the country, ranging from...
View ArticleSampath Bank PLC Opens Trading at the Colombo Stock Exchange
Sampath Bank PLC rang the opening bell to commence trading at the Colombo Stock Exchange (CSE) Friday. The market opening ceremony was organized to mark the first trading day for the month of April....
View ArticleUnemployment drops to 4.3% in 4Q 2015
Sri Lanka’s estimated unemployment rate for the fourth quarter 2015 has dropped to 4.3% from 5.0% in the third quarter, the Census and Statistics Department releasing its Labour Force Survey – 4Q 2015...
View ArticleBOI signs 16 new agreements
The Board of Investment of Sri Lanka (BoI) signed agreements for 16 new projects during January / February 2016 eyeing at a cumulative future investment of US$ 110 Million. These projects cover a wide...
View ArticleADMO Solar Join hands with Construction Expo 2016 as a Solar Energy Partner
Construction Expo 2016, Sri Lanka’s most comprehensive exhibition featuring all aspects related to the construction and building industry is scheduled to be held on 29th, 30th and 31st of July 2016 at...
View ArticleMicrosoft Connects CIOs with the Future of Enterprise Services
The customer event ‘CIO Connect with Microsoft Enterprise Services’ was hosted by Microsoft Sri Lanka for top chief information officers (CIO) and IT directors from local commercial and government...
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