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Business

Reemerged from exile, CSE stuck once again!

2020-03-20 10:33:00

The S&P SL20 Index of the Colombo Stock Exchange fell by 5.33% and the trades were suspended for half an hour today (20)...


Bartleet Technologies moves toward the fourth industrial revolution

2020-03-18 19:44:00

In a constructive move toward the fourth industrial revolution, Bartleet Innovative Technologies (BIT), the IT platform of the leading local conglomerate, the Bartleet Group, has announced an exciting new joint venture with FINAP (Fintechnology Asia Pacific Lanka Pvt Ltd)...


Dialog to digitize enterprises of trading and manufacturing sectors

2020-03-18 14:20:00

Dialog Enterprise, the digital business solutions arm of Dialog Axiata PLC, expressed its readiness and experience to digitize enterprises of trading and manufacturing sectors...


Hemas restructures its stakes in the travel and aviation sectors.

2020-03-16 16:32:00

Hemas Group, in line with its portfolio strategy of focusing on growing its core sectors of consumer, healthcare and mobility, has embarked on a restructuring of its stakes in the travel and aviation sectors...


Central Bank cuts rates in emergency move to combat corona virus impact

2020-03-16 15:56:00

Sri Lanka Central Bank announced today an emergency cut to interest rates in an attempt to limit the economic impact from the new corona virus...


One-stop shops to assist Sri Lanka small businesses

2020-03-15 19:49:00

Government will setup one-stop shops for MSMEs with a view of enhancing the ease of doing business in the country...


PIA still to settle arrears of the A330 craft deal with SL Airlines 3 years ago

2020-03-15 11:55:00

Sri Lankan Airlines is still to collect around US$ 100,000 to $ 500,000 from Pakistan Airlines (PIA) for the arrears of the aircraft crew training of A 330 Aircraft wet leased to Pakistan’s national carrier In August 2016, an official closely connected to the airbus deal revealed...


Marina Square – Uptown Colombo at the Maldives Living Expo 2020

2020-03-13 12:45:00

Marina Square - Uptown Colombo recently participated in the Maldives Living Expo, which took place in February in Dharubaaruge, Male City, Maldives...


Fadna launches FADNA IMMUNNI TEA

2020-03-13 11:54:00

This refreshing solution is 100% natural and is made of therapeutic herbs with the motive of boosting the immune system...


Fairfirst Insurance partners with Colts Cricket Club

2020-03-13 11:41:00

Fairfirst Insurance announced the renewal of their partnership with the Colombo Colts Cricket Club as their Official Sponsor for 2020...


Lankatiles becomes only Asian company to sell tiles on Amazon

2020-03-11 21:49:00

Lankatiles has ventured to sell its wall tiles through the online retail giant, Amazon...


Aitken Spence Logistics emerges as integrated port logistics operator

2020-03-11 14:21:00

Aitken Spence Maritime and Freight Logistics was adjudged the “Integrated Port and Terminal Logistics Operator of the Year 2020” at the prestigious Global Ports Forum Awards ceremony held in Dubai on February 26...


Colombo Stock Market reawakened following doldrums

2020-03-10 12:59:00

The Colombo Stock Market which remained stagnated has been reactivated since this (10) this morning...


K. Sivagananathan Memorial Awards and Oration ceremony continues for 2020!

2020-03-04 18:00:00

The 18th Annual “K. Sivagananathan Memorial Oration and Awards” ceremony will be held on March 10 (Tuesday), 2020...


5th Maldives Int’l Education & Career Expo in April 2020

2020-03-03 17:20:00

Maldivian students are increasingly turning towards SL and other South Asian Countries as a home away from home for their diverse educational needs...


Hemas Hospital Wattala opens state-of-the-art Neurological Diagnostic Centre

2020-03-03 15:36:00

Hemas Hospitals Group opened a state-of-the-art Neurological Diagnostic Centre in Wattala Hemas Hospital...


Ceylinco Healthcare steps into provide care and shelter for needy elders

2020-03-01 15:45:00

The first multidisciplinary medical care centre for the elderly in Sri Lanka’s private sector was formally declared open recently by CHSL with the involvement of some of the country’s leading specialists in Geriatric Medicine...


Sri Lanka Promoted as an Exotic Travel Destination in Sweden

2020-02-28 17:10:00

The Embassy of Sri Lanka in Sweden in partnership with Lotus Travel organized an informative session on Sri Lanka tourism on 19 February at the Embassy. This is the first of a series of customer events being organized during 2020 in association with leading travel agencies in Sweden. Lotus Travel is a reputed Swedish travel agency which arranges guided group trips, theme trips and tailor made trips to selected countries, mainly in Asia including..


Sri Lankans get the facility to open accounts with Stock brokers instantly

2020-02-26 11:42:00

Sri Lankans have now been given an opportunity to open a securities account instantly with their Stock broker under a new decentralization programme...


Sri Lanka’s export growth falls to 3-year low

2020-02-23 14:16:00

Sri Lanka’s total exports growth in 2019 has slowed down to the lowest since 2016, recording a marginal growth of 1.4 percent Year-on-Year (YoY) to reach US$ 16.14 billion, according to the Export Development Board (EDB)...


Task Force to expedite CID probe into Easter Sunday terror attacks

2020-02-23 14:12:00

The Defence Ministry has established a Task Force (TF) to monitor the progress and speed up the on-going investigation by the Criminal Investigation Division (CID) into last year’s Easter Sunday serial terrorist attacks in the country, which had claimed more than 250 lives...


Classic Travel partners with SriLankan Airlines

2020-02-23 14:09:00

Classic Travel, a subsidiary of Expolanka Holdings PLC, will be the first travel agency to partner with SriLankan Airlines. The company will join a large network of international and local partners that offer the airlines’ passengers benefits and rewards on their FlySmiLes membership...


Prime Splendour holds Pirith Chanting Ceremony Blessing for Well-being

2020-02-22 13:57:00

Prime Group the property development excellence in Sri Lanka held a special pirith chanting ceremony blessing the home owners of Prime Splendour Luxury Housing Complex in Rajagiriya...


HNB Finance arrives in schools with YALU DASKAM Drawing Workshop

2020-02-22 13:12:00

The school principal, staff members, staff of HNB Finance head office and Kaduwela branch took participation in the event...


Business tycoon Harry Jayawardena takes over Browns hospitals

2020-02-21 16:52:00

Business tycoon Harry Jayawardena-controlled diversified conglomerate Melstacorp PLC has acquired 100% control of Browns Health Care (Pvt) Ltd from Brown and Company PLC for an estimated Rs. 1.6 billion, company officials said...


Cargills (Ceylon) PLC says Sri Lanka’s market conditions favorable

2020-02-20 10:24:00

Cargills (Ceylon) PLC says that the market conditions this past quarter have been favorable, with consumer confidence moving past the April Easter Sunday attack...


‘Make a global decade of action for sustainable development’

2020-02-19 13:24:00

United Nations Under-Secretary General and ESCAP Chief Prof. Armida Salsiah Alisjahbana says ESCAP is currently working with several countries in the region to develop country specific FDI sustainability indicators which can be used to prioritise, identify and channel foreign direct investment into sectors key to the SDGs. The following are excerpts from her interview...


Food Hygiene 5 Crown awarded to Nawaloka Hospital for the fifth consecutive time

2020-02-18 16:17:00

The awarding ceremony has been taken place in the Nawaloka Hospital Auditorium...


Ritz Carlton & JW Marriott to be established in SL in a groundbreaking move to redefine elegance

2020-02-12 09:32:00

In light of establishing global luxury brands JW Marriot and Ritz Carlton in the island, renowned businessmen Dhammika Perera and Mohan Pandithage signed two MoUs...


Singer Group records impressive surge in Q3 profits

2020-02-11 22:00:00

Singer Group posted consolidated profit after tax of Rs. 341.4 million, compared to Rs.17.4 million in the corresponding quarter of the previous year...