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155 results found in 2016 ms
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What is tipped to be the biggest single largest sole foreign investor project the $ 460 million Krrish Square at Transworks House in Fort will start selling luxury condominium units from today, the Indian promoters disclosed last night. Launching to media and corporates separately, the Krrish Square on the four-acre land area is a mixed ...
Globe Mirror Industries (GMI), the first tempering plant to be established in Sri Lanka in 1969 has been awarded ISO 9001:2008 certification, a clear indication of its growth and credibility in terms of maintaining a high standard of quality throughout the years. GMI was started by late Mohammed Nawaz and has since grown to be ...
DE-CIX, the world’s largest internet exchange, located in Frankfurt am Main (Germany), has achieved a new data throughput record: Internet traffic at DE-CIX exceeded the two Tbit/s (terabits per second) mark for the first time ever. More than 480 internet service providers from over 50 countries are currently connected to the internet exchange, bringing the ...
$ 450 m mega project to be completed in 2014 By Uditha Jayasinghe The Government has leased the iconic Transworks House land to India’s Krrish Group for 99 years at $ 49 million, whilst the $ 450 million mega project is slated to be completed by 2014. The land encompasses the Transworks House, a colonial ...
The Silvas are at it again. A week dominated by news of political brats on the rampage once more, this time directing their rage at an Army Major, ended with the soldier recanting his story and the two main suspects in remand being transferred to prison hospital on “medical” advice. The whole incident smacked of ...
The first Prime Minister of independent India, Pandit Jawaharlal Nehru, wrote 75 years ago: “It would be absurd to say that the profit motive does not appeal to the average Indian, but it is nevertheless true that there is no such admiration for it in India as there is in the west. The possessor of ...
A goat’s best friend is Mervyn! The populace has been cruel to him. Ok, to the goat too, but I am talking about a man willing to be incarcerated just to liberate a hapless animal. Thankfully, the President interceded and saved the day for both. The Minister had promised to defy a Court order and ...
Reinforcing its supremacy John Keells Holdings Group bagged most of the major titles in an impressive haul of 12 in the fifth annual Sri Lanka Tourism Awards presented last week. JKH Group’s Cinnamon Lakeside won the best five star city hotel whilst its Cinnamon Lodge Habrana bagged the best five star resort award. Group entity ...
Part of the Kandurata Warriors team, Kithruwan Vithanage is a young and upcoming player in Sri Lanka’s domestic cricket league. Here are excerpts of an interview with the young star: Kithuruwan Vithanage Q: How do you feel about being chosen to participate in the Mahindra Sri Lanka Premier League? A: It’s an honour to ...
Why the Government should listen to the demands of university academics Sri Lanka is experiencing the dividends of peace at the moment. The Sri Lankan economy has expanded by a healthy growth rate of 7.9 per cent during the first quarter of this year, from the same period a year earlier. A Global Survey ...
With just one-month to go before the start of the ICC World Twenty20 Sri Lanka 2012, the International Cricket Council (ICC) has announced the schedule of men’s and women’s warm-up matches which will be played in the lead up to the event proper. The fourth edition of the event, the first to take place in ...
Reuters: Billionaire money manager George Soros reported a nearly 2 percent stake in Manchester United Plc (MANU.N) on Monday, in one of the first revelations of investors in the British soccer club’s controversial initial public offering earlier this month. The veteran investor’s eponymous hedge fund, Soros Fund Management LLC, owns 7.85 percent of Manchester United’s ...
Heritance Ayurveda Maha Gedara emerged the most energy efficient hotel in Sri Lanka by winning the highest accolade awarded in the large scale hotel sector at the Sri Lanka National Energy Efficiency Awards 2012 which concluded recently. This is the second consecutive year that Aitken Spence Hotels has been recognised at the awards. Last year ...
In its first-ever official level discussions with Sri Lanka on the proposed pharmaceutical manufacturing hub, which has now excited the Lankan private sector, India has given a strong, structured recommendation on the way forward for Sri Lanka’s dream: Focus on the huge global market first. “I don’t say that the local market of Sri Lanka ...
By Cassandra Mascarenhas The technical sessions of the Association of Professional Bankers’ 24th anniversary convention were held yesterday, bringing the APB’s flagship event to a close. Aptly themed ‘Sustainability in volatility: The bankers’ challenge,’ each technical session explored an area that could throw obstacles in the path of bankers and the line-up of speak...
The support from the bastion of the game, Marylebone Cricket Club (MCC), and world famous Brian Lara propelled the inaugural Sri Lanka Premier League T20 tournament to the global stage on Saturday. Kicked off via an international style show of dance and culture of seven provinces at the Sugathadasa Indoor Stadium, the SLPL celebrated its ...
Sino Lanka, Kandy Hotels and ONYX partnership to boost hill capital’s leisure landscapeSino Lanka Hotels Holdings (Pvt.) Limited, Kandy Hotels Co. (1938) PLC, together with ONYX Hospitality Group, yesterday celebrated the launch of OZO Kandy, the second OZO property to be built in Sri Lanka. Minister for Economic Development and Tourism Basil Rajapaksa, Chief Minister ...
Ever since the first aircraft was conceptualised by Leonardo Da Vinci, the dream of flight is still continuously evolving. The latest aircraft is known as the dream liner Boeing 787. There has been no end to the technological advances in aviation. The global aviation industry has since been enlarged into a multibillion dollar business and ...
Mahindra & Mahindra Ltd. (M&M Ltd.), India’s leading SUV manufacturer has partnered with the Sri Lanka Premier League (SLPL), a cricket league, as their Title Sponsors. The prestigious League kicks off from August 11 and will be played over three weeks at two venues – Colombo and Kandy. The inaugural edition of this League will ...
Reuters: The head of the US government’s secretive National Security Agency took the unprecedented step on Friday of asking a convention of unruly hackers to join him in an effort to make the Internet more secure. In a speech to the 20th annual Def Con gathering in Las Vegas, four-star General Keith Alexander stressed common ...
In results released to the Colombo Stock Exchange this week, Senkadagala Finance PLC announced an overall star class performance in all areas of operations for the financial year ended 31 March 2012 when compared with its performance in the previous financial year. In key performance indicators, profit after tax rose 128% to Rs. 506.2 million ...
Sri Lanka’s number one cable brand manufacturer, Kelani Cables held their Annual Distributor Convention on 21 July at Heritance, Dambulla with participation of their CEO Mahinda Saranapala and General Manager – Marketing Anil Munasinghe. Award ceremony was organised to reward the distributors and the sales staff who excelled during the financial year 2011/2012. The top ...
T20 tourney to take up over 7,000 room nights in lean tourism season; bring in over Rs. 130 m revenue for hotels Destination Sri Lanka to get a fillip via global TV coverage The inaugural Sri Lanka Premier League (SLPL), ready to kick off in two weeks’ time, is expected to give a big boost ...
By a Special Correspondent A year or back from today, Sri Lankan economy had been sailing strongly amidst global economic typhoons. Most of the macro variables were reflecting peace dividends and rejuvenated hope. However, by mid 2011, the country’s trade deficit, fuelled by credit expansion was signalling early signs of an economic turmoil. Perhaps being ...
Janashakthi Insurance, one of Sri Lanka’s largest listed insurers, continues its winning streak to emerge the triumphant winner of two prestigious awards for corporate social responsibility and exceptional branding and marketing at the recently concluded CMO (Chief Marketing Officer Council) Asia Awards held in Singapore. The insurer gained recognition at the international event by securing ...
In seeking to build this society, as much as we learn from modern technology, we must also be fully aware of our own traditional knowledge of technology, President Mahinda Rajapaksa said. “Our great irrigation technology, the construction technology seen in our ancient cities, and maritime technology of the past, should motivate you to carry your ...
‘Shakthi’ fundraiser by Emerge Lanka Foundation today ‘Shakthi, a Celebration of Femininity,’ a fundraiser for Emerge Lanka Foundation to spread awareness about sexual assault/abuse through artistic avenues, will be held at Barefoot Café today, 21 July, from 6 to 10 p.m. Emerge Global is dedicated to empowering young women around the world who have ...
DIMO recently organised a grand event to felicitate and acknowledge their local business partners in automotive components, power tools and related businesses for 2011/2012. This event was themed ‘Tribute to our Champions 2012,’ justifying the objective of the entire activity and was held at Jetwing Blue, Negombo. Three key business units took part in this ...
The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...
The Lion flag fluttered spiritedly as the 18-wheel monster truck scampered through the treacherous Australian outback. Fifty-six-year-old Zola Rajapakse worked through his 18-gear manual transmission with consummate ease. Zola and his American co-driver were locked in battle with six other drivers from England, Scotland, US and Australia for a shot at becoming the world’s toughest ...