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ILO backed first National Coop policy ready by early November

The first ever National Cooperative Policy is expected to be ready by November. The policy, guided by International Labour Organization’s R193 recommendations, has been in the works for the last 10...

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NIBM to launch the National Innovation Centre in partnership with Malaysia’s...

The National Institute of Business Management (NIBM), the country’s most outstanding business education center, prepares to launch its futuristic education centre- the National Innovation Centre (NIC)...

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INSEE Cement laid the foundation stone of Galle’s First Vertical Cement...

Entering an important new phase in the Company’s history, INSEE Cement laid the foundation stone and commenced building a USD 14 million vertical cement grinding plant in Galle recently. The foundation...

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Etisalat cliQ gains over 100,000 users in two months

Ever imagined a simple, understandable and affordable mobile data plan that doesn’t max out your top-up balance? Look no further as cliQ powered by Etisalat is revolutionising the way pre-paid mobile...

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Why Sri Lanka is lagging behind neighbors in pharmaceutical industry explained

Mr. Husein Esufally, Chairman of Hemas Holdings PLC, says that a bright future which had been foreseen for Sri Lanka’s pharmaceutical industry did not come to pass largely due to “misguided government...

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Sri Lankan stocks close at 1-wk high on foreign buying

Reuters – Sri Lankan shares closed at a one-week high on Thursday, as investors bought banking stocks and continued foreign buying in the market underpinned positive sentiment, brokers said. The...

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Fitch Maintains Rating Watch Negative on Distilleries Company of Sri Lanka

Fitch Ratings has maintained the Rating Watch Negative (RWN) on Sri Lanka-based alcoholic beverage manufacturer Distilleries Company of Sri Lanka PLC’s (DIST) National Long-Term Rating of ‘AAA(lka)’,...

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SriLankan Airlines receives prestigious Four Star rating by Airline Passenger...

SriLankan Airlines added another feather to its cap by being honoured with a prestigious Four Star Rating by the Airline Passenger Experience Association (APEX) in the first ever airline industry...

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Vista Rooms continues expanding in Sri Lanka, on path to 1000 properties by 2018

Vista Rooms, South Asia’s largest chain of affordable stays, is on track to onboard 1000 properties with over 10,000 rooms by the end of 2018. With the country experiencing a growth of 14% vis-a-vis...

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Microsoft Partners Come Together to Accelerate Digital Transformation...

Sri Lanka wins Six Microsoft Partner Awards at the Southeast Asia New Markets Partner Summit in Bangkok, Thailand   Colombo, September 27, 2017 –  Microsoft held its second annual Southeast Asia New...

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Changing the way you live with Landmark

Landmark Developers Holding (Pvt) Ltd, a recent player in the highly lucrative Sri Lankan property market introduces fresh concepts and ideas stemming from a young and passionate team of professionals....

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Hemas Hospitals unveils the innovative, trailblazing healthcare product...

~ Offers public sector employees free OPD consultations, plus a host of other benefits Recognizing the immense role of Sri Lanka’s public sector employees in the day to day administration and...

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The A&K Lit Fest promises a mouthwatering pickle of literature

The A&K Lit Fest comes alive for the third consecutive year with its promise of promoting the Sri Lankan identity through literature. Following two successful chapters, the literary festival is set...

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Morison PLC unveiled to mark new era

J.L. Morison Son & Jones (Ceylon) PLC (JLM) launches new brand identity J.L. Morison Son & Jones (Ceylon) PLC (JLM), the largest pharmaceutical manufacturer in Sri Lanka and a subsidiary of...

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HNB launches ‘Pragna’- for education of children at SOS Villages island-wide

Recognizing that knowledge development and education is the basis for a child’s intellectual, emotional and social development, HNB together with SOS Children’s Villages, launched the ‘PRAGNA’ account,...

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Mobitel achieves No.1 status in 4G LTE Mobile Broadband through Innovative...

Mobitel (Pvt) Ltd, Sri Lanka’s National Mobile Network Operator enhanced its 4G LTE network coverage by innovatively deploying its existing 900MHz spectrum. This initiative is Sri Lanka’s first such...

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A Barra-stravagant Feast: Ramada Colombo brings Round Island Barramundi to...

Has fine dining and seafood been on your mind? Cast your net wide and step out of your comfort zone to experience delicious multi-cuisine dishes created with the freshest, flakiest barramundi sourced...

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Softlogic Life honours 2017 MDRT winners, seeks to build MDRT force

Sri Lanka’s fastest growing life insurer Softlogic Life Insurance PLC recently conducted a bi-annual congress to recognize their MDRT (Million Dollar Round Table) winners who took part in this year’s...

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IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Reform...

A staff team from the International Monetary Fund (IMF) led by Jaewoo Lee visited Colombo during September 18-29, 2017 to hold discussions on the third review of the Sri Lankan authorities’ economic...

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Sri Lankan stocks close at more than 1-wk high

Reuters – Sri Lankan shares edged higher for a second straight session and closed at a more than one-week high on Friday as investors bought beverage and manufacturing shares while continued foreign...

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