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Emirates Group announces half-year performance for 2016-17

The Emirates Group has announced its half-year results for 2016-17. The Group held steady on revenue, but profit was hit by the double impact of a strong US dollar and challenging operating environment...

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ikman.lk memberships sees exponential growth in first year of launch

Since the introduction of memberships in December 2015, a value proposition for customers, ikman.lk has reported exponential growth in the number of customers opting for memberships, a true testament...

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Centrepoint Homes brings “Affordable Luxury” to Sri Lanka in the form of LEICHT

The 4th of November 2016 saw Germany’s premium kitchen brand, LEICHT being introduced in Sri Lanka for the first time by Centrepoint Homes, a subsidiary of Fairway Holdings. For more than 80 years...

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CIMA Tour de Colombo 2016 on 26 November at Race Course Grounds

CIMA Sri Lanka’s highly popular member engagement event, Tour de Colombo will be held for the 3rd consecutive year on Saturday 26 November at the Race Course Grounds.  The Tour de Colombo is a team...

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People’s Bank – Best Banking Group & Most Sustainable Bank in Sri Lanka 2016

Sri Lanka’s revolutionary bank responsible for transforming the country’s economic and social sectors, People’s Bank, has yet again been awarded the ‘Best Banking Group 2016 – Sri Lanka’ and ‘Most...

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Brandix Lanka selects Riverbed SteelHead to overcome poor connectivity

Riverbed Technology, the application performance company, has announced that Sri Lankan apparel exporter Brandix Lanka Ltd. has selected Riverbed SteelHead to address pervasive connectivity,...

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SL-B’Desh trade pact a reality by March 2017

The first ever Sri Lanka–Bangladesh Free Trade Agreement is to be a reality by next March-and both countries, being members of SAFTA, APTA and BIMSTEC are positioning for a huge cross-border cargo...

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Lotus powers towards a Green Lanka

The Lotus rises from the mud. Yet, it’s unblemished, and rises pure and spectacular, over the slime and the stagnant conditions below. That’s why the symbol of Lotus Renewable Energy Private Ltd.,...

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Commercial Bank’s 9-month post-tax profit crosses Rs 10 billion

Commercial Bank of Ceylon PLC has reaffirmed its status as one of the strongest-performing entities in Sri Lanka’s financial sector with solid third quarter and nine-month results. The country’s...

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Sri Lanka’s 2017 Budget proposals on Colombo Stock Exchange

Further steps would be taken through the 2017 Budget to encourage the listing of companies with the Colombo Stock Exchange (CSE) said Finance Minister Ravi Karunanayake while presenting the...

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HJS Condiments of Hayleys Agriculture Holdings recognized at National...

HJS Condiments clinched the Special Achievement award on OSH (Occupational Safety and Health) for team effort at the National Occupational Safety and Health Excellence Awards 2016, organized by the...

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Toyota Lanka opens State-of-the-Art Body Repair and Paint Centre in Maharagama

Toyota Lanka (Private) Limited, the sole authorized distributor for Toyota vehicles in Sri Lanka  recently inaugurated its latest Body Repair and Paint Centre (BPC) in Maharagama. The opening which...

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Vibrant and Regional – ‘Teejay’ the new brand in fabric and fashion

The region’s largest weft knit textile manufacturing Company (formerly known as Textured Jersey), today unveiled their new Corporate brand ‘Teejay.’ The new brand articulates the vibrancy of the...

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Kandurata Industries to market internationally acclaimed Baby care range of...

Godrej Sri Lanka has partnered with Kandurata Industries (Pvt) Ltd to distribute its internationally acclaimed range of baby care products marketed under the brand of Mitu Baby to provide consumers the...

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Sri Lankan shares edge down; volume slumps to 32-mth low after budget

Reuters – Sri Lankan shares closed slightly weaker on Friday while volume slumped to a 32-month low after proposals on Thursday to revise corporate and withholding taxes to boost revenue. The...

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Dialog Posts Strong 3rd Quarter

Dialog Axiata PLC announced, Thursday 10th November 2016, its consolidated financial results for the nine months ended 30th September 2016. Financial results included those of Dialog Axiata PLC (the...

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IndusfaceInc – World leader in application security forges strategic...

IndusfaceInc has dominated the web and mobile application security landscape recently, growing at an incredible pace with over 800 customers spread across 17 countries. While most cloud security...

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Capitol Developers breaks new ground with a 50-Storey Skyscraper in Uptown...

Capitol Developers Limited of the Sanken Group held the groundbreaking ceremony of its latest 470 apartment twin tower project – Capitol Twin Peaks on 12 November 2016, at its strategic location at 24,...

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Importers respond to rise in vehicle prices in Sri Lanka following 2017...

The engine capacity-based manufacturing tax imposed on motor vehicles last year will be extended to motorcycles as well through the 2017 Budget. Furthermore, steps have been taken through the 2017...

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Three Sri Lankan hotels that are like heaven on Earth

Shangri-La’s Hambantota Resort & Spa, Hambantota Between the oncoming trucks and the hairpin bends, it’s a nerve-jangling three-hour drive from Colombo to the new Shangri-La’s Hambantota Resort...

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