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Whilst consolidating a commitment to establish a strong culture of planet friendly attitudes and practices as a responsible corporate entity and as individuals, SriLankan Airlines’ continues its efforts to achieve highest global standards in environmental management and conservation. On World Environment Day (WED), the airline introduces a series of new tactical measures to double the ...
The Associated Motorways Private (AMW) on Wednesday unveiled the 11th generation Nissan Sunny raising the experience for its market segment to a new level. From left: AMW Managing Director Samantha Rajapaksa, President Tilak de Zoysa and General Manager Yohann de Zoysa at the launch of 11th generation Nissan Sunny in Colombo on Wednesday “We are ...
Douglas & Sons Ltd (DSL) showcased yet another amazing grand show of its kind, the ‘GT Awards Night 2012’. for its tyre dealers at Hotel Grand Hyatt, in the fascinating city of Dubai on 19 May, amidst an audience of high profile dignitaries including the Ambassador for Sri Lanka in Dubai, Sarath Wijesinghe, who graced ...
Seven young prominent marketing communications professionals from Sri Lanka’s advertising and marketing industries were selected to represent the country at the annual Young Lions Competitions and the Roger Hatchuel Academy in Cannes, France next month after having successfully completed the Sri Lankan Cannes Young Lions Competition. The local competition to select the contenders was organis...
The Perceived Economic Opportunity Index (PEOI) that had been on a downward trend since the beginning of 2012 having lost the momentum generated by the November 2011 Budget, moderated in April with the PEOI registering an increase since March, albeit being very marginal. The current level of optimism however is relatively low and is only ...
Key insights to state of the economy and market and future prospects from NDB Stockbrokers’ latest Sri Lanka Equities report Uncertainty in the macro environment The robust economic growth and steep rise in global crude oil prices increased Sri Lanka’s import bill by 51% in 2011. As a result the trade deficit widened, putting the ...
Sri Lanka Tourism Promotion Bureau MD post is a permanent position and comes under scheme of recruitment approved by Treasury Rumy Jauffer hired on one-year contract sans an application or a CV Not marking attendance, unlimited use of fuel among flags-off in Auditor General’s Department query A host of queries by the Auditor General’s Department ...
Seeing the growing acceptance of Tata’s Nano by car cab companies in Sri Lanka, Nano’s agents here are motivating three-wheeler owners to exchange their ‘tuk tuks’ for the swankier, air conditioned and more capacious Nano. But three-wheeler owners, who are mostly working class Gulf-returnees or lower middle class skilled workers or petty traders, do not ...
Adding to its rapidly developing branch network, Union Bank of Colombo PLC (UBC) opened its newest branch on 23 May, in Chilaw offering a host of financial services delivered through superior customer care to Small and Medium enterprises and retail customers. The new branch counts as the 33rd branch of UBC branch network. Located at ...
Bieco Link, one of the largest activated carbon manufacturers in Sri Lanka has gained a new lease of life with fresh business direction and the latest engineering enhancements under the new management of PCH Holdings. Following the successful acquisition of Orient Garments, Bieco Link is the latest milestone in PCH Holdings’ plans for business diversification ...
In mid February, the Ceylon Electricity Board (CEB) informed consumers of their intention to revise their electricity charges from the following month. The March electricity bill issued to the consumer by the meter-reader was based on previous rate. The April bill based on revised rates with the addition of fuel surcharge for March was sure ...
Sri Lanka is an island, 65,610 km2 in area, situated close to the southeast extremity of the Indian peninsula. Despite its relatively small size, Sri Lanka possesses a high level of biodiversity. Biological diversity or ‘biodiversity’ is a term used to describe the variety of life on earth. It refers to the wide variety of ecosystems ...
Nestlé Lanka Plc, has recorded a strong revenue growth of 14% (YoY) for the three months ending 31 March 2012, posting a revenue of Rs. 7.3 billion and a net profit of Rs. 462 million amidst a difficult market environment. The Company stated that net profit for Q1 were down 25% (YoY) due to the ...
Bajaj – the number one motorcycle brand in Sri Lanka, continues its leadership ride countrywide by providing timely, cost-effective solutions to all segments of the market, said its sole agents David Pieris Motor Company. Marketed by sole agents David Pieris Motor Company Ltd, the Bajaj 100 cc Motorcycle range has recently been showcased as the ...
Bajaj - the No. 1 Motorcycle brand in Sri Lanka, continues its leadershipandnbsp;andnbsp; ride island-wideandnbsp; by providing timely, cost-effective solutions to all segments of the market. andnbsp;
Boating industry thanks Industry Minister for strong support Sri Lanka enters prestigious International Boating Industry Magazine rankings Sri Lanka’s commercial boat sub-sector reporting stronger international orders from Asia, Africa and ME Introducing a much-sought-after measure of relief to Sri Lanka’s boating industry, the country will now introduce tax on boat imports that are la...
Following the success of Boat Show Sri Lanka 2008 and 2010, South Asia’s largest international boat exhibition sets sail in its third edition on 18, 19 and 20 June at the BMICH. Setting the platform to develop the boating industry and promote the leisure, pleasure and sport boating sector with the assurance of promoting Sri ...
Reuters: Sri Lanka expects a U.S. waiver of sanctions on imports of Iranian crude after it took steps to cut them by up to 38 percent, switching to alternatives from Oman and Saudi Arabia, the island's oil minister said on Tuesday. Susil Premajayantha said Sri Lanka, which is dependent on crude imports, has taken steps ...
Posts PBT of Rs. 2.38 billion; Revenue up 33% to Rs. 19.8 billionStrong operational performances from hand protection combined with capital gains and better contributions from plantations have generated healthy revenue and profit growth for Dipped Products PLC (DPL) in the year ending 31 March 2012. The Hayleys Group’s globally-ranked rubber glove manufacturing business has ...
Nissan Sunny makes a dramatic comeback this month, with its most reliable 11th generation model in Nissan’s history. The new Nissan Sunny is exactly what buyers will be looking for in a family car. Luxurious, Affordable, fuel efficient, comfortable with leg space that must be seen to be believed. It also comes with features like ...
The Power and Energy Ministry of Sri Lanka says the electricity consumption during the Vesak period this year has seen a reduction. Power and Energy Minister Patali Champika Ranawaka told a gathering in Katubedda that the electricity consumption this Vesak period has reduced in comparison to last year. He has observed that the electricity consumption ...
The VE Commercial Vehicles Limited of India recently held their awards ceremony to evaluate and encourage their Eicher sales agents’ world wide, at the Jumeirah Beach Hotel-Dubai. At that ceremony, the Associated Motorways Limited (AMW) was selected as the sales agent with the Highest Eicher HD Tipper sales-Overseas for the year 2011. All authorised Eicher ...
World Heritage site Galle Fort will soon have environmentally-friendly hydrogen three-wheelers plying its preserved streets, as the United Nations Industrial Development Organisation (UNIDO) launches a pilot project to test green transportation in Sri Lanka. Three-wheelers are banned in the UNESCO World Heritage Galle Fort due to their emissions, but with the use of hydrogen-powered zero ...
Sri Lanka will step into hydrogen fuel era shortly, in a bid to fuel growth in the Small and Medium Enterprise (SME) sector rather than in large-scale motor transport. andnbsp;
Textured Jersey Lanka Plc (TJL) said on Thursday that it was looking for a fabric mill and alternate energy sources as means to remain competitive amidst challenging market and operating conditions. The lookout for an operating fabric mill marks a change from its previous plans to pursue an organic expansion within the Avissawella BOI Zone. ...
Vesak is a time to revisit and refocus on the core of Buddhism. It is also the time to see how Buddhist principles of truth, peace, honesty and kindness can be promoted in the country. At the start of the week, just a cursory glance at the newspapers reveals many things that could do with ...
SriLankan Airlines expands its operations in the North of Sri Lanka, opening its newest Sales Office in the heart of the Jaffna Peninsula yesterday. The branch office will facilitate travel formalities to a large clientele in the Jaffna and Kilinochchi areas, being fully equipped to handle reservations, ticketing, Prepaid Ticket Advices (PTAs), requests for special ...
Commercial ties offer many profitable opportunities, says Pakistan’s High CommissionerFollowing is the statement of the High Commissioner of Pakistan Seema Ilahi Baloch, on the occasion of the ‘Made in Pakistan’ exhibition 2012 Pakistan and Sri Lanka have traditionally enjoyed excellent relations. We also need to strive to add more substance to our economic cooperation and ...
The Singer Group, with revenue of Rs. 6.2 billion for the first quarter of 2012, expressed confidence in its continued growth. The growth was on top of very high growth in prior year. Noting that group revenue rose by Rs. 1.1 billion in absolute terms and by 22% in percentage terms over the first quarter ...
President Mahinda Rajapaksa along with his officials early this week held a meeting with the senior management of SriLankan Airlines to discuss the progress and future plans of the national carrier. As per the Central Bank 2011 Annual Report, revenue of SriLankan Airlines had increased by 16.3% to Rs. 78.9 billion, while operating expenditure increased ...