REUTERS: Sri Lankan shares fell for a fourth straight session yesterday to hit a more than one-week closing low on profit-booking in blue chip stocks.  The Colombo Stock Index ended 0.35 percent weaker at 6,473.62, its lowest close since Jan. 4.

With reference to our news item titled ‘Tensions run high at tourism office as SLTPB Chairman asked to leave’ which appeared yesterday, Tourism and Christian Affairs Minister John Amaratunga had sent the following clarification.

Ministry of Development Strategies and International Trade organized a two-day Round Table Investment Forum on Sri Lanka with Sovereign Wealth Funds (SWFs) in Colombo, under the patronage of Prime Minister Ranil Wickramasinghe and it was jointly host

The Pakistan Single Country Exhibition 2018, organised by Trade Development Authority of Pakistan (TDAP) in association with the High Commission of Pakistan in Sri Lanka, kicked off its third edition of the event at the BMICH yesterday.

Colombo’s culinary hub Waters Edge is where every food lover needs to be this year. Kick-Starting January the internationally acclaimed culinary and F&B teams at the hotel is putting together an array of food promotions dedicated to some of

The leading youth brand ‘deedat’ ended the year with a unique and exciting launch of the brand’s latest Active wear collection at the Kandy City Centre on December30th2017.

At Calamander Unawatuna Beach, the guests were treated to a spectacular display of lights, decorations and fabulous array of foods from all over the world. Partygoers feasted whilst the multi-talented band, 16 by Four, played songs from the pantheon

Union Bank held a carols programme at St. Andrew’s Scots Kirk Church in Colombo 3 recently. 

Enigmatic fashion icon Coco Chanel once said that fashion changes but style endures, and she was right. Over the millennia of human existence fashion trends have evolved with times and seasons, but ‘style’ has never gone out of fashion.

The Bank of Ceylon (BOC) Christian Association celebrated its 52nd Christmas carol service in December 2017 with the patronage of the bank’s Chairman Ronald C. Perera, general manager and corporate management. 

Implementation of Sri Lanka’s first national SME strategy began in earnest as the government moved a top global private advisory firm to lead the process.  Interestingly, the implementation of Lankan SME policy is starting (with a huge Rs.

AFP: A new security flaw has been found in Intel hardware which could enable hackers to access corporate laptops remotely, Finnish cybersecurity specialist F-Secure said yesterday.

Sri Lanka’s #1 investment banking firm and the preferred partner in financial markets, Capital Alliance Partners Limited (CAL)

Huawei, the number one growing smartphone brand in Sri Lanka, commenced a Facebook Group recently as a platform for Huawei users to showcase their photography talents through the quad lenses of the newly launched nova 2i.

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, together with SriLankan Airlines extends a conversion offer enabling all FlySmiles customers to convert their FlySmiles Miles in exchange for a per day unlimited data roaming plan.

Cisco recently unveiled its new strategic initiative ‘Cisco Start’, committing itself to help drive Sri Lanka’s digital transformation by focusing on Small and Medium Enterprises (SMEs) and skills development and to showcase how dig

Most large organisations are far from being fully cloud-ready, with only 6 percent of their workloads currently running on cloud infrastructure, according to a report by 451 Research.

The second sale of the year concluded yesterday had on offer a total of 6.1 million kilogrammes (mkgs). Improved demand was seen particularly for the high and mid grown small leaf teas.

At this week’s tea auction held on January 10, 2018, an invoice of BOPF from Ragalla Estate, Halgranoya secures a top price of Rs.710 per kilogramme in the Uda Pussellawa category.

World supply continues to rise with the International Tea Committee estimating the 2016 global production to be 5.462 billion kilogrammes (bnkg) compared with 5.281 billion the year before. The year-on-year (YoY) increase of around 3 percent is signi

Sri Lanka CERT, the national computer emergency readiness team, has been entrusted with the task of providing a wide range of cyber security services for the Sri Lanka Tourism Development Authority (SLTDA), the apex body of Sri Lanka Tourism.

Emirates and flydubai will offer travellers even more connectivity and flight options in 2018, with new codeshare flights planned to Krakow in Poland from April 8 and Catania in Italy from June 13.

Sri Lanka’s largest online travel company Findmyfare kicked off the new year with a fantastic new promotion for Nations Trust Bank (NTB) American Express (Amex) cards customers, wherein they will enjoy an exclusive saving of 12 percent on booki

The Sri Lanka Tourism Promotions Bureau (SLTPB) Chairman Udaya Nanayakkara was recently requested to resign by Tourism Development and Christian Religious Affairs Minister John Amaratunga. 

Commencing the new year with exciting news for its customers, Mobitel has renewed its popular ‘Cash Bonanza’ programme for the year 2018. Mobitel Cash Bonanza is relaunched in the new year with more valuable prizes. 

Adidas has launched a stupendous End-of-Season Sale, which offers a 50 percent discount on all Adidas-branded items in store until January 30, 2018.  Brand-conscious shoppers can make the most of this exciting offer to kick-start 2018 by putting

Nestle Lanka’s popular ‘Maggi’ noodles range was awarded the SLS certification by the Sri Lanka Standards Institution (SLSI) at an award ceremony held this week. Maggie’s entire noodle range, including Maggi Chicken, Curry, Da

Galuku Group of Companies Chairman Jagath Manjula Yapa was awarded as the most excellent businessman in the category of innovative value-addition products at the Wayamba Vijayabhimani Entrepreneur Excellence Awards. 

Leema Creations (Pvt.) Ltd, the leading total interior service provider and furniture manufacturer, won the Silver award for the Large Category segment at Entrepreneur of the Year Award 2017, organised annually by the Federation of Chambers of Commer

Commercial Bank of Ceylon, Sri Lanka’s market leader in credit and debit card cumulative point-of-sale usage, has broken new ground in hybrid card functionality with the launch of the country’s first dealer loyalty debit card in partnersh