Markets and Financial

Real estate ‘hotspots’ in Sri Lanka’s South-West quadrant

The impact of infrastructure – Steven Mayes, Managing Director, JLL Lanka Much has been made in the media lately, about foreign direct investment in infrastructure in Sri Lanka, principally from China, and concerns about Sri Lanka becoming over reliant on such sources for its...
Posted On 03 Jun 2018
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Newcomer Third Space Global awarded Great Place to Work 2018 status

Third Space Global, the British owned and BOI approved company based in Orion City was recognised as a Great Place to Work 2018 company. The GPTW 2018 certificate was officially presented to Third Space Global’s CEO Roshan Nilaweera by GPTW Sri Lanka’s CEO, Kshanika Ratnayaka on...
Posted On 27 May 2018
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Landmark Developers expands into MEP solutions with Orange Electric partnership

Newly-formed Landmark Engineering Solutions to be a one-stop-shop for MEP requirements Landmark Developers, Sri Lanka’s new property developer with innovative concepts and ideas for modern homes, has expanded into designing and installing MEP (Mechanical, Electrical and Plumbing)...
Posted On 27 May 2018
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LAUGFS Supermarkets Unveils Brand New LAUGFS Super in Negombo

LAUGFS Supermarkets, a pioneer in the retailing industry, recently announced the opening of its latest outlet in Negombo under the brand LAUGFS Super. In keeping with the company’s rapid expansion plans, LAUGFS Super Negombo is the 33rd addition to the LAUGFS Supermarkets chain....
Posted On 27 May 2018

TRAVEL AND TOURISM

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Ulagalla by Uga Escapes sweeps a Golden Panther Award for ‘Best Boutique Hotel’ 2017 in Germany

Ulagalla, one of Uga Escapes’ renowned boutique properties, took away a Golden Panther Award for ‘Best Boutique Hotel’ 2017 at an awards ceremony held in Germany. Located within Sri Lanka’s famed Cultural Triangle, Ulagalla dates back 150 years, where it first originated as a...
Posted On 11 Jul 2017
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SriLankan Airlines hosts amazing ‘Rumble in the Jungle’ mountain biking race

SriLankan Airlines held Sri Lanka’s premier mountain bike stage race, ‘Rumble in the Jungle’ successfully for a third time in a row recently. The race takes riders from hot and humid jungles, through mountain hugging tea plantations and across the islands highest plateau. ‘Rumble...
Posted On 11 Jul 2017
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Emirates expands free inflight Wi-Fi offering

Unlimited data usage for Emirates Skywards Platinum and Gold members Unlimited data usage for all Emirates Skywards members travelling in First and Business Class Up to 50% discount for Skywards Silver and Blue travelling in Economy Class Non-Skywards members get first 20MB free...
Posted On 07 Jul 2017
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Attributed to an Emirates spokesperson:

“Effective immediately, the electronics ban has been lifted for Emirates’ flights from Dubai International Airport to the U.S.A. Emirates has been working hard in coordination with various aviation stakeholders and the local authorities to implement heightened security measures...
Posted On 05 Jul 2017
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Technology

Oracle’s Q1 FY19 GAAP EPS up by 13 percent to US 0.57 dollars

Fusion Cloud ERP Customer Count Nearly 5,500, NetSuite Cloud ERP Customer Count Over 15,000 REDWOOD SHORES, Calif., – Oracle Corporation (NYSE: ORCL) today announced fiscal 2019 Q1 results. Total Revenues were US$ 9.2 billion, up 1% in U.S. dollars and up 2% in constant...
Posted On 21 Sep 2018