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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...

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Chevron 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...

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Central 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...

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China 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...

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USD 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...

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Nestlé 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...

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A 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...

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Fairway 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...

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Sri 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...

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Tea 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...

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India 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....

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BOI 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...

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DFCC 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...

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Sri 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...

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Sri 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....

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ESC 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...

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DSI 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...

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A 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...

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Red 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...

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AIS 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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