Category: BUSINESS

I-Road: Toyota debuts rear-steering, all-electric 3-wheeler

I-Road: Toyota debuts rear-steering, all-electric 3-wheeler

Jul 7, 2015

  With the global population booming and more American millennials flocking to crowded cities, Toyota hopes it has found a ... Read More

Sri Lanka Tourist arrivals up 12 pct- in June 2015

Sri Lanka Tourist arrivals up 12 pct- in June 2015

Jul 7, 2015

  Sri Lanka’s tourist arrivals rose 11.9 percent to 115,467 in June 2015 from a year earlier, driven by India ... Read More

Greek debt crisis: Markets volatile after Greek vote

Greek debt crisis: Markets volatile after Greek vote

Jul 6, 2015

European and Asian stock markets and the euro have all fallen after Greece rejected the terms of an international bailout ... Read More

Textured Jersey in major overseas Acquisition

Textured Jersey in major overseas Acquisition

Jun 30, 2015

    Sriyan De Silva Wijerathna MD/CEO On the way to becoming one of the largest mills in South Asia ... Read More

Sri Lanka initiates collaboration with CERN

Sri Lanka initiates collaboration with CERN

Jun 29, 2015

Sri Lanka and the European Organization for Nuclear Research (CERN) have entered into an agreement to begin cooperation between CERN ... Read More

France to increase economic cooperation with Sri Lanka

France to increase economic cooperation with Sri Lanka

Jun 25, 2015

  France is very eager to strengthen bilateral relations and economic cooperation with Sri Lanka in several areas such as ... Read More

“Lanka Sathosa to be re-structured” – Minister Rishad Bathiudeen

“Lanka Sathosa to be re-structured” – Minister Rishad Bathiudeen

Jun 25, 2015

  The government has decided to restructure LANKA SATHOSA, Industry and Commerce Minister Rishad Bathiudeen stated yesterday. He stated Colombo ... Read More

Textured Jersey crowned World’s Best

Textured Jersey crowned World’s Best

Jun 24, 2015

  Sriyan De Silva Wijeyerathna MDCEO, Textured Jersey Wins prestigious “Firm of the Year” title at the World Textile Awards ... Read More

IRCON is very keen to assist Lanka Railways

IRCON is very keen to assist Lanka Railways

Jun 24, 2015

  IRCON International Limited, a Government of India undertaking, has, in the last five years, rendered a yeoman’s service to ... Read More

SLT significantly strengthened its multiple Global connectivity options

SLT significantly strengthened its multiple Global connectivity options

Jun 23, 2015

  Sri Lanka’s leading ICT solutions provider and National Backbone operator, Sri Lanka Telecom (SLT) is aggressively pursuing new markets ... Read More

NDB debenture issue 2015 oversubscribed

NDB debenture issue 2015 oversubscribed

Jun 18, 2015

  NDB Bank CEO Rajendra Theagarajah NDB already having structured and placed the largest corporate debenture issue to be listed ... Read More

Dhal prices lowered

Dhal prices lowered

Jun 18, 2015

The special commodity levy imposed on Dhal was lowered by 25 cents from mid night today, the Finance Ministry stated. ... Read More

Stocks edge down from over 1-week high

Stocks edge down from over 1-week high

Jun 17, 2015

  The stock index slipped on Tuesday from a more-than-one-week high hit in the previous session, with many foreign investors ... Read More

Laugfs invests Rs. 600 m in a blending facility

Laugfs invests Rs. 600 m in a blending facility

Jun 17, 2015

  Laugfs Lubricants Ltd. yesterday confirmed a Rs. 600 million investment to commence operations of its own state-of-the-art blending plant ... Read More

India scraps import duties on AIDS drugs to battle shortage

India scraps import duties on AIDS drugs to battle shortage

Jun 17, 2015

  India has scrapped customs import duties for drugs and test kits used to treat AIDS in an effort to ... Read More