Homelands Skyline announces Phase II adding another 400 apartments, villas

Homelands Skyline has announced the launch of Phase II of the Canterbury Golf Resort Apartments and Residency project, which is currently the largest residential development project in Sri Lanka consisting of 1200 residential units, spread across 55 acres in Piliyandala - Kahathuduwa.

Prime Group’s Chairman Premalal Brahmanage elected CDASL President

Prime Group’s Chairman Premalal Brahmanage has been appointed as the new President of the Condominium Developers Association – Sri Lanka (CDASL) for the year of 2021/2022.

Agri and livestock sector innovations virtual exhibition on Aug. 10

The Ceylon Chamber of Commerce (CCC) and Accelerating Higher Education Expansion and Development (AHEAD) Operation will be jointly organising a virtual exhibition to promote agri and livestock sector innovations ready for commercialisation on August 10, 2021. Two similar virtual exhibitions were held to promote food in February 2021 and electric, electronic and IT sector in March 2021. Funded by the World Bank, AHEAD is supporting universities i

Swiss experts conduct knowledge-sharing session on organic agro ecosystem

A team of experts from Switzerland presently on a 10-day visit in the country conducted an experiential and insightful training session on organic agriculture and ecosystem, a need of the hour for Sri Lanka, as it bans chemical fertilisers and pesticides to make a transition from conventional to an organic approach.

From battlefield to paddy field – A green revolution with veterans

The Presidential Task Force for a Green Economy along with the Ranaviru Seva Authority that operates under the purview of the Defence Ministry has launched ‘Ranabimen Govibimata – Sarupase Peraliya’, a programme to empower the military community to produce organic fertilisers and related products.

Pelwatte Dairy records 148% increase in profits before tax surmounting COVID challenges

Pelwatte Dairy, one of the leading dairy brands in Sri Lanka that locally produces a range of dairy products and saves foreign exchange for the country, has made a significant financial turnaround in 2020/21 recording a huge profits before tax (PBT) that year-on-year (YoY) surged by 148 percent.

Where we went wrong and the possible course

former High Commissioner to Australia and Chirman of George Steuart and Co. Ltd.

MillionSpaces and BMICH in strategic partnership

Positioned as Sri Lanka’s pioneering and only platform offering on-demand venue solutions, MillionSpaces recently signed a strategic partnership with the BMICH to enable users to book spaces such as function rooms, conference halls, meeting rooms, photoshoot locations and office spaces at BMICH with a tap of a button on the MillionSpaces website.

MAGA undertakes design and construction of two key flyovers in Colombo 02

Maga Engineering has begun construction of two new flyovers in Slave Island (Colombo 02), along Justice Akbar Mawatha and Uttarananda Mawatha.

Prime Group inspires outstanding sales with first ever virtual property launch

Sri Lanka’s largest property developer Prime Group recently concluded Sri Lanka’s first virtual property launch with massive success.

Oceanfront Condominiums reaches completion; Commences handing over

Oceanfront Condominiums Galle by International Construction Consortium PVT Ltd (ICC) has successfully reached completion, despite the challenges arising from the ongoing pandemic situation that slowed down all economic activities.

TECNO unveils CAMON 17 Smartphone in Sri Lanka

MBSL introduces 2 new leasing packages for registered Japanese and Indian motorcycles

MBSL introduces two new leasing packages for registered motorbikes of Japanese and Indian origins.

Brand Finance-LMD name Honda as Most-Loved Automobile Brand in Sri Lanka

As with every other industry, the COVID-19 pandemic has had a drastic impact on the globally integrated automotive industry and even more so, on the Sri Lankan automobile market, due to the restrictions on vehicles, motorcycles and scooter imports.

Seylan partners Allianz Lanka for unique offers in motor insurance

Seylan Bank, the Bank with a Heart, announced an exclusive partnership with Allianz Lanka, Sri Lanka’s premier insurance provider, offering a host of benefits on motor insurance premium payments.

DIMO launches Mercedes-Benz Genuine Engine Oil in Sri Lanka

DIMO, one of the leading conglomerates in Sri Lanka, together with its long-standing partner Mercedes-Benz, introduced Mercedes-Benz Engine Oil to the Sri Lankan market recently.

Bajaj Genuine Parts and Genuine Oil are now online

To provide even greater convenience and aftersales service to Bajaj vehicle owners, David Pieris Motor Company (Pvt.) Ltd recently launched ‘bajajgenuine.dpmco.com’, a spare parts e-shop, where Bajaj Genuine Parts and Genuine Oil can be purchased online for the first time in Sri Lanka.

Ideal First Choice introduces Schwing Stetter self-loading mixer to local market

Sri Lanka’s premier automotive solutions provider Ideal Motors (Pvt.) Ltd’s subsidiary Ideal First Choice has broken new ground introducing the Schwing Stetter self-loading mixer to the local market recently.

Launch of ADSTUDIO.CLOUD Revamped Website

ADSTUDIO.CLOUD is back with an exciting news for all its users and beneficiaries. An all improved and highly functional new website has been launched, elevating user experience like never before!

John Keells Properties reports steady construction progress on TRI-ZEN

Construction is progressing steadily on TRI-ZEN, John Keells Properties’ highly anticipated residential development in Colombo 2.

S&T Interiors completes World Trade Centre refurbishment

S&T Interiors, a joint venture of the Hayleys Group and S&T Oman announced the completion of the Rs.868 million refurbishment of the iconic commercial towers (public areas) at the World Trade Centre (WTC).

Kelsey Homes records steady growth in spite of COVID-19-related challenges

Kelsey Homes, the pioneering real estate developer in Sri Lanka, recorded a revenue of Rs.320.51 million for the quarter ended on March 31, 2021, compared to Rs.32.50 million in the corresponding period of the previous year.

Rapid infrastructure development in Rajagiriya positions Iconic Galaxy as an ideal location for homeowners

Leading infrastructure developer Iconic Developments announced that the rapid infrastructure drive persisting in Rajagiriya, despite the obstacles brought on by the pandemic, positioned its highly coveted self-contained luxury apartment complex, Iconic Galaxy, as the prime location for incoming investors and homeowners.

Land prices in Western province increase by 74% from 2018 to 2021

According to the annual Land Price Index released by LankaPropertyWeb, Sri Lanka’s number one real estate platform, in the Western province (except the Colombo Municipality area) the overall land price values have increased by 74 percent from 2018 to 2021.

Oceanfront Condominiums reaches completion; commences handing over

Oceanfront Condominiums Galle by International Construction Consortium (Pvt.) Ltd (ICC) has successfully reached completion, despite the challenges arising from the ongoing pandemic situation that slowed down all economic activities.

Communiqué PR bags Bronze for ‘Startup of the Year’

Communiqué PR was recently recognised by The Globee Awards as a Bronze Award winner in the ‘Startup of the Year’ category at the 13th Annual 2021 Golden Bridge Business and Innovation Awards.

LoweLintas gears up to drive next phase of MullenLowe Group’s growth

MullenLowe Group Sri Lanka announced the appointment of Sean Pompeus as Associate Vice President and Business Directorand Jude Jayaprekash as Creative Director at LoweLintas, with effect from 1st July 2021.

MarCom Collective engages clients on sustaining strong advertising eco system

The MarCom Collective recently made an appeal to clients on behalf of marketing communication industry, requesting them to refrain from calling for pitches and competitive quotations with concepts and to continue to work with their existing partners until the current situation eases for all. The proposed timeframe is 18 months, commencing from 1st July 2021.

dentsu Grant appoints Bakmee to Leadership Team

dentsu Grant Group announced the appointment of Bakmee Perera as Director Communications Planning and Media Strategy which will entail the industry veteran with 14 plus years of experience, to overlook consumer insights, media strategy, planning, data analytics and innovation while spearheading the CXM (Customer Experience Management) and CRM (Customer Relationship Management) business in collaboration with Merkel Sokrati - a global data-driven C

NDB signs MoU with Crystal Property Group

NDB Bank recently partnered with Crystal Property Group (CPG) in a bid to create a platform for customers of both institutions to enjoy a plethora of benefits such as exclusive discounts and flexible repayment options.