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Oxford Business Group quizzes CDASL Chairman Pradeep Moraes on Sri Lanka’s property sector

Less than 10 per cent of investors in Sri Lanka’s luxury residential property developments are foreigners because purchase of residential property is not as yet linked to residency privileges, the internationally-acclaimed global leader in Business Intelligence Oxford Business...
Posted On 20 May 2018
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Mobitel Sweeps 3 Awards at the ACEF 2018 7th Global Customer Engagement Forum and Awards in Mumbai, India

Sri Lanka’s National Mobile Service Provider, Mobitel, was bestowed honours with 3 awards in high profile categories at the ACEF 2018 7th Global Customer Engagement Forum & Awards held in Mumbai, India recently. Mobitel triumphed as Silver Winner in Events and Promotion for...
Posted On 20 May 2018
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Haycarb records turnover of Rs. 15.5 billion and profit before tax of Rs. 926 million for 2017/18

The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 15.5 billion, profit before tax of Rs. 926 million and profit after tax of Rs. 774 million for financial year 2017/18. The earnings per share of equity holders of the company was Rs. 22.63 for the year. The Chairman...
Posted On 20 May 2018
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HNB Group records Rs 7.2 Bn PBT in Q1

  Group PAT Rs 5 Bn Bank Cost to Income 36.3% CASA Growth of 10% in 3 months HNB posted a strong start to 2018 with first quarter PAT growing by 22.5% to Rs 4.5 Bn, while the Group reported a PAT of Rs 5 Bn which is a 24% growth from last year. HNB expanded its loan book by Rs...
Posted On 20 May 2018
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THE CAULDRON Continues to Innovate

THE CAULDRON is a cozy café for the Dreamers and the Big Thinkers, hidden in a corner of Stratford Avenue of Kirulapone fondly known as Dian Gomez’s Gandhara Street. In operation for more than 6 months the café introduced to Colombo an interesting fusion menu. Their innovative...
Posted On 20 May 2018
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Global Innovation Index Founder to deliver keynote at SLASSCOM Innovation Summit and Awards 2018

Innovation has become the buzzword of the decade across the world. Understanding truly what it stands for and putting a metric behind it may seem an arduous task. But, the Global Innovation Index (GII) does just that.It produces a comprehensive broad-based model of measuring...
Posted On 20 May 2018
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Emirates and Formula 1® renew Global Partnership

Emirates, the world’s largest international airline, and Formula 1®, the pinnacle of motorsport, have announced they have renewed and expanded their partnership until the end of 2022. Emirates has been an F1 Global Partner since 2013, and the renewed agreement will see the...
Posted On 20 May 2018
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Oman Air Launches New Route to Istanbul

Oman Air, the national carrier of the sultanate of Oman, commences its new daily flight from Muscat to the Turkish capital of Istanbul as of June 1, 2018.  This is one of many strategic moves in the airline’s ambitious and dynamic programme of fleet and network expansion.  ...
Posted On 20 May 2018
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JAT Paints launches revolutionary new paint using pigment from natural flowers

The initiative that will breathe new life into discarded temple flowers   JAT Holdings recently launched a revolutionary new paint, which combines ancient traditions and cutting-edge manufacturing technology. Petal Paint is a unique paint that has been created with the...
Posted On 19 May 2018
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INSEE Cement joins hands with Build Sri Lanka Exhibition

Build Sri Lanka Construction exhibition is the largest, Construction Industry related exhibition and brings together the value chain of the industry under one roof. The exhibition is organized by the Chamber of Construction Industry of Sri Lanka (CCIS) for the 18th consecutive...
Posted On 19 May 2018
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Stock Up on Pelwatte Butter from Cargills this May

Sri Lanka’s 100% local dairy manufacturer, Pelwatte Dairy Industries Limited is offering its signature Pelwatte Butter tub at 10% off at Cargills outlets island wide. The offer which began on the 1st of May will be in place until the 31st of May. Pelwatte Dairy is a leading...
Posted On 19 May 2018
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HNB paves the way for entrepreneurial growth with launch of new Business card

Sri Lanka’s most innovative bank, HNB PLC announced the launch of a convenient new Business Card specially designed to empower the country’s most dynamic enterprises with complete digitization and comprehensive, secure management of organizational transactions, in partnership...
Posted On 19 May 2018