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Ceciliyan Tea Factory wins Gold at 2018 Tea Production Awards

The Ceciliyan Tea Factory, managed by Ceciliyan Associates Pvt Ltd and situated in Kalawana, Ratnapura, was recently recognized with the Gold award for being an Outstanding Tea Producer at the annual Total Excellence in Tea Production Awards organized by the Tea Exporters...
Posted On 25 Sep 2018
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Buyers upbeat on THE MOUNT Apartments as contractor reveals project ahead of schedule

In a communication issued by the contractor, L H Piyasena and Co. (Pvt) Ltd. has intimated that construction of THE MOUNT a 35- apartment development in Mount Lavinia is progressing ahead of schedule and expressed confidence it is on stream to meet deadline for completion in...
Posted On 21 Sep 2018
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Capitol TwinPeaks introduces Duplex Sky Bungalows on the bustling Beira Lakefront

The shift from landed housing to apartment living is a growing trend in Colombo; 24hr security, convenience of amenities, managed maintenance and elite community, adds to the allure of it all. The City’s unrealized potential for livability is being addressed with a steady supply...
Posted On 21 Sep 2018

Nveloop Launch Gem Merchant Software System for Sri Lankan Gem Industry

Industry business specialized technology solution provider Nveloop launched their newest software product “Gem Merchant Management Software” to the Sri Lankan Gem Industry. This software system is tailor made for the gem industry, taking in to consideration of...
Posted On 20 Sep 2018
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Oil spillageclean-up operations completed

CPC commends the joint efforts of MEPA, the Armed Forces and the Police to contain the oil slick   Ceylon Petroleum Corporation(CPC) said on Friday that as per information of Marine Environment Protection Authority (MEPA), the major oil clean-up operations have been completed on...
Posted On 18 Sep 2018
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CAL Facilitates First Cross-Border Share Transaction by a Sri Lankan Stockbroker

Capital Alliance (CAL), recently performed Sri Lanka’s first ever transaction of overseas stocks, marking a milestone in the annals of the nation’s corporate history. Previously, Sri Lankan investors were confined to investing in the Colombo Stock Exchange (CSE). However,...
Posted On 17 Sep 2018
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TVS Motor Company launchesits stylish,sporty SMART scooter – TVS NTORQ 125 in Sri Lanka

Equipped with TVS SmartXonnect* - making it a connected scooter Stunningly Stylish, SMART and Swift TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, launched its stylish125ccscooter TVS NTORQ 125 in Sri Lanka today.  The scooter also...
Posted On 12 Sep 2018
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Amana Takaful Group sustains growth and profit momentum into the second quarter.

Amana Takaful Groups’ growth and profit momentum continued into the 2nd  Quarter netting in a pre-tax result of Rs. 170.8 Million at the half year ending June 2018. This is a commendable return compared with a profit of Rs 93.9 Million in the same period last year. With an above...
Posted On 10 Sep 2018
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Port of Colombo Ranked World’s No.01 Highest Growth Port in the First Half of 2018 – Alphaliner

The Port of Colombo is  ranked as  world’s No.01 container growth port among the top 30 container ports for the 1st half of 2018. In container handling Port of Colombo has  recorded a 15.6% growth for the 1st half  of  2018 over same period last year according to Alphaliner...
Posted On 10 Sep 2018
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JLL provides insight into impact of imposition of VAT on condominium sales

Highlights endemic absence of clarity on key policy issues Warns of distortionary effects from uncertainty over VAT policy Draws parallels to drop-off in sales in Indonesia; ASEAN countries In the wake of continuing uncertainty with regard to the effective date on the...
Posted On 09 Sep 2018
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SKY ONE RESIDENCES SET TO TRANSFORM URBAN LIVING

Colombo’s environs will gain an impressive impetus with the development of Sky-One Residences located just opposite Trace IT City on Maradana Road.  Developed by Sandal Colombo (Pvt) Limited, a fully owned subsidiary of ZhongTian Ding Hui (Pvt) Ltd (ZTDH), the developers of THE...
Posted On 09 Sep 2018
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Palm Oil Industry Association launched to advocate sustainable growth

All stakeholders come together under aegis of Ceylon Chamber of Commerce as industry’s milestone 50th anniversary approaches Businesses with a cumulative investment of approximately Rs 26 billion in the Oil Palm industry in Sri Lanka came together in Colombo on 30th August 2018...
Posted On 08 Sep 2018