Asian Alliance gets Asia Insurance ‘Innovation of the year’ award

press release 11th November 2015: Emphatically reiterating its status as Sri Lanka’s most innovative insurer as well as a regional leader in innovation in the insurance industry, Asian Alliance Insurance PLC clinched the prestigious ‘Innovation of the year’ award at the 2015 edition of the coveted Asian Insurance Awards, the region’s only awards ceremony of […]

‘A Dollar A Kilo’ SriLankan Cargo introduces new air freight service

SriLankan Cargo will revolutionize air freight to Colombo from seven cities in the Middle East with the launch of its ‘A Dollar A Kilo!’ service this month. The new service has been especially designed to cater to the needs of Sri Lanka’s migrant workforce in the Middle East, who often send gifts, baggage and other […]

Range Rover unveils Evoque convertible

Land Rover has unveiled the world’s first luxury compact SUV convertible. Range Rover Evoque Convertible combines the bold design and refinement of Evoque with comprehensive specification and a sophisticated folding roof to create a no compromise, all-season convertible. The ground breaking and distinctive shape of the original Range Rover Evoque lends itself to an elegant […]

Lux reinforces its enduring power…

Unilever’s House of Lux, a celebration of the enduring power of Fine Fragrances and all that’s feminine saw a gathering of the elite including beauty queens, film stars, models, corporates and socialites at the Cinnamon Grand on 16th of November, when this iconic beauty brand once again revolutionized the way women experience fragrances, by infusing […]

Fitch assign Mercantile Investments and Finance BBB- rating

Fitch Ratings Lanka has assigned Mercantile Investments and Finance PLC (MIF) a National LongTerm Rating of ‘BBB-(lka)’. The Outlook is Stable. The agency has also assigned the company’s outstanding senior unsecured debentures a National LongTerm Rating of ‘BBB-(lka)’.KEY RATING DRIVERS NATIONAL RATINGS MIF’s rating reflects its modest franchise stemming from its long operating history, satisfactory capitalisation and loanbook exposure to less […]

Lamudi identifies top gadgets to improve Sri Lankan real estate market

From drones to virtual reality, the impact of technology on the real estate industry is growing rapidly in Sri Lanka.The use of drones have helped high rise building developers provide buyers with a view of the city from each floor, even before construction has begun; virtual reality allows buyers to experience the inside of a […]

Ceylon Chamber to host post budget seminar

The Ceylon Chamber of Commerce will hold its customary post national budget seminar on the 27th November, 2015 with the participation of a top panel, which will consist of high ranking officials from the Ministry of Finance and also taxation specialists. The event, which will be held at the Ceylon Chamber of Commerce auditorium will […]

High Commissioner Esala Weerakoon presents Credentials to Indian President

High Commissioner of Sri Lanka to India Esala Weerakoon presented Credentials to the President of India Pranab Mukherjee at Rashtrapathi Bhavan in New Delhi on Friday, 13 November 2015. High Commissioner Weerakoon is a senior career diplomat. Since he joined the Sri Lanka Foreign Service in 1998, he has served as Ambassador to Norway, High […]

SriLankan swimmers jubilant at Mercantile Swimming Championship

SriLankan Airlines’ Swimmers bagged a total of 32 gold medals, 21 silver medals and 17 bronze medals at the recently concluded Mercantile Swimming Championship 2015. SriLankan swimmers faced fierce competition from swimmers from leading corporate organizations in the country as a total of 550 swimmers representing 32 associations showcased their talents at the event.SriLankan Airlines […]

Comtrust Equity Fund up 9.6 pct for six months, outperforms ASPI

Comtrust Equity Fund, a Balanced Fund investing in both equity and fixed income, rose 9.6% for the six months ended 30 September 2015, recording an over performance of 6.2% vs. the benchmark All Share Price Index (ASPI), which rose 3.4% during the same time period. The Fund also beat the more liquid S&P SL20 index […]

‘s Foreign Minister in Singapore

Foreign Minister Mangala Samaraweera met Singapore’s Foreign Minister Vivian Balakrishnan at the Foreign Ministry in Singapore on Friday the 13th.

‘s Sugar, Cement, Pharmaceuticals, Dairy and IT sectors

  A high powered Business Delegation from Pakistan led by Hon. Khurram Dastigir Khan, Minister of Commerce of Pakistan visiting Sri Lanka and met with the State Minister of International Trade Hon. Sujeewa Senasinghe at the BOI. Senior officials from the BOI and the officials from the Respective Ministries and Departments participated at these meetings with the purpose of […]

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