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John Keells X Open Innovation Challenge winners enter 6 month accelerator...

John Keells Holdings PLC announced the six winners of its second John Keells X Open Innovation Challenge at a Pitch Day recently. The winners advance to the JKX six month Accelerator Programme, which...

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Trade deficit with India no big deal: economist

Despite the hue and cry made by the public and a certain section of the business community on Sri Lanka’s trade deficit with its neighboring giant, a top economist asserted such arguments do not show...

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ADB aid to Lanka tops USD 8.9 Bn todate

The Asian Development Bank (ADB) highlighted that a record sum of 8.9 billion US dollar financial assistance has so far been granted to Sri Lanka to improve its infrastructure during the past 50 years....

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President declares open the ‘Jewel in Kandy’s Crown – The Golden Crown Hotel

The Golden Crown Hotel, a super luxury, deluxe property located on 2 acres of beautifully landscaped gardens in Kandy and designed by renowned architect Dr. Upendra Rajapakse, was ceremonially declared...

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Kumar Sangakkara Signed As The Brand Ambassador For Renault

After the successful launch of the Renault brand in Sri Lanka led by the Attractive, Innovative and Affordable Renault KWID, in partnership with Associated Motorways Private Limited (AMW), there is...

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Sri Lankan shares recover from 2-mth closing low as large caps gain

Reuters – Sri Lankan shares ended marginally higher on Monday in dull trade, recovering from a near two-month closing low hit in the previous session, even as investors awaited clarity on new taxes and...

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SigiriyaJungles celebrates first anniversary of a journey in adventure and...

Conveniently and centrally located within the Cultural Triangle and in close proximity to the magnificent Sigirya Rock, SigiriyaJungles opened its doors to the public one year ago with the intention...

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Etihad Airways marks start of Grand Prix with spectacular A380 fly-past

Abu Dhabi, United Arab Emirates – Etihad Airways, the national airline of the UAE, once again marked the start of the Formula 1 Etihad Airways Abu Dhabi Grand Prix with a low-level fly-past over Yas...

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October 2017 Winner for Season 2 of Mobitel’s Cash Bonanza Montero...

The National Mobile Service Provider, Mobitel recently presented the 10th grand prize of a brand new Montero as a part of its year-round Cash Bonanza Montero Extravaganza programme. The promotion...

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Fitch Affirms Sri Lanka Telecom at ‘B+’/’AAA(lka)’

Fitch Ratings-Singapore/Colombo-27 November 2017: Fitch Ratings, Singapore, 23 November 2017: Fitch Ratings affirmed Sri Lanka Telecom PLC’s (SLT) Long-Term Foreign- and Local-Currency Issuer Default...

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2018: Machine learning will become the most important technology since the...

Chris Chelliah, Group Vice President & Chief Architect, Technology & Cloud Platform, APAC Machine learning will be a defining technology of 2018, doing more to change how we live and work than...

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George Steuart Teas joins with Perera & Sons(P&S) to launch specialty tea...

George Steuarts Teas “The Original Ceylon Tea People” recently tied up with Perera & Sons (P&S) to offer a range of the finest Ceylon Teas to its patrons in Dambulla. The range included a...

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External Sector Performance – September 2017

The external sector performance was driven by a double digit growth in exports (year-on-year) in September 2017, surpassing the US dollars 1 billion mark of monthly exports for the third consecutive...

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Young Global Smartphone Brand Vivo Set to Make Waves in Sri Lanka

Vivo, the international mobile phone maker ranked among the world’s top five mobile brands is entering Sri Lanka with its portfolio of next generation devices designed to serve the youth demographic....

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IFC, Partners Strengthen Corporate Governance Practices in Sri Lankan...

IFC, a member of the World Bank Group, along with the Sri Lanka Institute of Directors (SLID) and the Colombo Stock Exchange (CSE), are collaborating on workshops that promote good corporate governance...

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Rainco Mosquito Proof Nets Bags Silver Award for Innovative Brand of the Year

Spearheaded to be a brand of choice within Sri Lankan consumers, enabling them for a natural, healthy and a peaceful sleep, Rainco Mosquito Proof Nets clinched the Silver award for the Innovative Brand...

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Sri Lankan shares hit over 2-mth closing low

Reuters – Sri Lankan shares touched a more than two-month closing low on Tuesday, dragged down by financials, even as investors waited for clarity on new taxes and key legislations amid political...

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Commercial Credit among Business Today’s Top 30

Commercial Credit & Finance PLC, one of Sri Lanka’s premier financial services organisations was presented the prestigious Business Today Top 30 award for the year 2016/2017. The Business Today TOP...

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Cargills Bank recognizes top performers at Achievers Night 2017

Cargills Bank recently held the “Achievers’ Night 2017” in elegant style at Hotel Sapphire under the patronage of Joint Deputy Chairman Mr. Rajendra Theagarajah and MD/CEO Mr. Prabhu Mathavan along...

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Aitken Spence PLC won the ‘Best Corporate Citizen Sustainability Award 2017’

Aitken Spence PLC won the coveted ‘Best Corporate Citizen Sustainability Award 2017’ an annual event organized by the Ceylon Chamber of Commerce, the country’s premier business chamber to recognize...

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