Italian Embassy relaxes advisory against travel to the island

In a positive development, the Italian Embassy in Sri Lanka is pleased to announce that it has updated its travel advisory on its website for all Italian nationals travelling to Sri Lanka. Lowering the level of security previously advising against travel to Sri Lanka, the new...
Posted On 31 May 2019
off

Ceylinco Healthcare Centre’s Medical Physicist receives training in Switzerland

Ceylinco Healthcare Services Limited (CHSL) recently sent Mr Jayantha Gunaratne, a medical physicist at its Radiation Treatment Centre, for a training programme in Switzerland, arranged by Varian Medical Systems International AG, a global leader in Radiation Oncology. Mr...
Posted On 31 May 2019
off

Samsung, the No.1 Smartphone Brand in Sri Lanka

A Journey of Mobile Innovation     Driven by the simple but profound goal of creating meaningful innovation, Samsung has pushed the limits of mobile technology and set the standard for what the smartphone can – and should – be. By advancing mobile technology, building...
Posted On 31 May 2019
off

STI hosts Qingdao Huijintong Power Equipment Co Ltd. in support of Electricity Reliability Improvement Project, Sri Lanka

Bolstering progress and initiating innovation with the Ceylon Electricity Board    St. Theresa Industries (STI) Holdings, the leading manufacturer of steel fabrication and accessories used for power generation, transmission and distribution in Sri Lanka, announced its new...
Posted On 31 May 2019
off

Sunshine Holdings announces new appointment to Board of Directors

The Board of Directors of Sunshine Holdings PLC appointed Shalini Ratwatte, Head of Corporate, External and Legal Affairs – South Asia New Markets of Microsoft Corporation, as a Director of the Company. The appointment is effective 31 May, 2019. With the new appointment, the...
Posted On 31 May 2019
off

The true essence of comfort, convenience and luxury in Negombo ‘VERDANT VILLAS’ by Kelsey Homes

Enhancing the horizons of Negombo, VERDANT VILLAS by Kelsey Homes is an élite housing development that offers the essence of exclusivity, comfort and serenity.  This housing development is one of the most prestigious real estate projects in the country and strives to raise the...
Posted On 31 May 2019

ikman.lk Sets New Benchmark Winning ‘E-commerce Brand of the Year 2019’ for Second Consecutive Year

ikman.lk, Sri Lanka’s largest online marketplace demonstrated outstanding performance in the e-commerce category clinching Brand Finance’s ‘E-commerce Brand of the Year 2019’ award for the second consecutive year. ikman.lk becomes the undisputed winner of the e-commerce category...
Posted On 31 May 2019
off

Daraz appoints former MetLife Director of Innovation as Managing Director of Sri Lanka

Daraz, an Alibaba Company, the pioneer of e-commerce in South Asia has announced the appointment of Rakhil Fernando as Managing Director of Daraz Sri Lanka, effective 1 June 2019. In his role, Rakhil will oversee the business strategy and operations of the Daraz business in Sri...
Posted On 31 May 2019
off

Healthcare and Consumer Goods drive Sunshine Holdings’ rapid top-line growth in FY18/19

Divestiture of Tea plantation business in May 2019 Consolidated revenue of Rs. 22.6 billion, an increase of 6.9% YoY PAT amounted to Rs. 1.1 billion, down 36.5% YoY Healthcare revenue up 14.1% YoY to Rs.  9.3 billion Consumer revenue continues its growth, up 8.9% YoY to Rs. 5.9...
Posted On 31 May 2019
off

CDB’s profit before taxes surpasses LKR 2.7 Bn – now among Top 5 largest NBFIs

Profit before taxes  up by 34% Strong Asset base of LKR 91.9 Bn Citizens Development Business Finance PLC (CDB) reinforced its dominance as a disruptor in the financial intermediary business in Sri Lanka with its exceptional financial results for FY 2018/19, posting profit before...
Posted On 31 May 2019
off

Hyundai’s revolutionary IONIQ Hybrid and Grand i10 expands presence to the Hospitality and Transport Sectors

Hyundai Lanka (Pvt) Ltd., the sole authorised importer and distributor of Hyundai vehicles in Sri Lanka, recently added its IONIQ Hybrid and Grand i10 models to the fleets of Jetwing Travels and Central Finance Company PLC. Lauded as America’s most fuel efficient car, Hyundai’s...
Posted On 31 May 2019
off

Samsung Redefines ‘SMART TV’ with the launch of Unbox Magic Series

Samsung Sri Lanka today announced its latest Smart TVs with industry first unique benefits such as Personal Computer, Music System , Live Cast and Two Way Sharing. The new TV line up along with these never-seen-before benefits will redefine the term ‘Smart’ in Smart TVs and take...
Posted On 31 May 2019
12