Commercial Bank & Hayleys Agriculture support farmers with leasing promo
The Commercial Bank of Ceylon and Hayleys Agriculture Holdings Ltd. have joined forces to offer attractive discounts, competitive rentals and special schemes to customers leasing agricultural machinery...
View ArticleChevron Lubricants partners with UTE Engineering to offer high quality...
In what can be termed as a partnership of excellence between two leaders in their respective industries, Chevron Lubricants and UTE Engineering inked a partnership to sell high quality US branded...
View ArticleCentral Bank cancels license of CIFL
The Central Bank of Sri Lanka has decided to cancel the finance license of Central Investments & Finance PLC (CIFL). CBSL’s Department of Supervision of Non-Bank Financial Institutions has written...
View ArticleChina Products Exhibition opens at SLECC
The China Products Exhibition was inaugurated by chief guest Sonali Wijeratne (Director General of Commerce, Department of Commerce, Sri Lanka) along with guest of honour Yang Sau Yuan (Economic...
View ArticleUSD 350 Mn from ADB for infrastructure development in Sri Lanka
The Ministry of Finance and Mass Media yesterday (22nd Nov.) entered into two Loan Agreements with Asian Development Bank (ADB) to borrow USD 150 million for the development of 3400 km of rural...
View ArticleNestlé brands Maggi and Nestomalt named Sri Lanka’s Top 10 FMCG brands by...
Nestlé’s two iconic brands, Maggi and Nestomalt, were named Sri Lanka’s Top 10 FMCG brands in the latest Brand Footprint Study by research company Kantar World panel. They are the only noodle and...
View ArticleA Christmas Village of Fun for the kiddies at Waters Edge
Christmas is a season full of joy, laughter and family time. It is also holiday season for the kids and if you are a parent, grandparent or care-giver, the holiday season can definitely seem a little...
View ArticleFairway Properties introduce LEICHT, Germany’s No. 1 kitchen brand to Sri Lanka
LEICHT, the No 1 best sold premium kitchen brand in Germany, has entered the Sri Lankan market via Centrepoint, a Fairway Holdings company. LEICHT is brought to you by Centrepoint, the leading interior...
View ArticleSri Lankan shares hit 1-wk closing low amid heavy foreign outflow
Reuters – Sri Lankan shares hit a one-week closing low on Thursday, as investors waited for clarity on new taxes in the national budget and on key legislations, although selling by foreign investors in...
View ArticleTea production in an upward trend
Sri Lanka tea production for the month of October 2017 totalled 25.4M/kgs vis-a-vis 18.7 M/kgs of October 2016 showing a gain of 6.7M/kgs. All elevations have shown a growth in 2017 compared to the...
View ArticleIndia keen to strengthen economic ties with Sri Lanka: President Kovind
India yesterday (23rd Nov.) reiterated its firm commitment to partner with Sri Lanka on projects of mutual interest. “India is keen to strengthen the economic pillar of its relationship with Sri Lanka....
View ArticleBOI targets USD 1.5 bn FDI for 2017
Sri Lanka would target over USD 1.5 billion foreign direct investments (FDI) for 2017, said Chairman Board of Investment Dumindra Ratnayake. “We are targeting USD 5 billion by 2020. The total FDI in...
View ArticleDFCC Bank secures USD 30 million in funding from BlueOrchard to support SME...
DFCC Bank recently secured USD 30 million in funding from BlueOrchard, a leading global impact investment manager, following an agreement signed between the management of both organizations. The funds...
View ArticleSri Lanka 72 in the Cyber Security Index
Sri Lanka is ranked 72nd in a global ranking of 164 countries that measures strength of countries cyber security strategy, according to latest issue of Global Cyber Security Index (GCI) – 2017 released...
View ArticleSri Lankan shares hit 2-month closing low on foreign selling
Reuters – Sri Lankan shares fell to a near two-month closing low on Friday on foreign selling, while investors waited for clarity on new taxes introduced in the national budget and on key legislations....
View ArticleESC boost revenue collection
Sri Lanka’s income tax collection increased 9.1 percent during the eight-month period from January to August 2017 compared to the same period last year due to a late boost in revenue collected through...
View ArticleDSI steps up in Rathnapura with their latest showroom
The 30th of November 2017 will see DSI celebrate the opening of their third showroom in Ratnapura, which is to be one of the largest footwear outlet in town. Situated at No 23 of the Seneviratne...
View ArticleA Constellation of Innovation: The Orion City Towers are declared open for...
The Orion City Towers complex is now open for bookings. Custom designed to suit the dreams and needs of a modern business and the first of its kind in Sri Lanka, the building is part of the master...
View ArticleRed Herring names 99X Technology as one of Asia’s most promising tech companies
Software product engineering specialist 99X Technology was felicitated for its pioneering work and potential for exponential growth when it was ranked on the prestigious Red Herring 100 Asia Index for...
View ArticleAIS Principal Harshana Perera honoured at Icons of Learning Summit, Singapore
Recognizing a career filled with remarkable achievements in education and invaluable contribution to institutions of learning, Asian International School of Sri Lanka, Principal, Harshana Perera was...
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