Friday, 02 June 2023

Latest News

Holcim to be bought to launder Rajapaksas’ black money?

Thursday, 14 July 2016 09:31

The Rajapaksas are going to buy Holcim Lanka Ltd. through a henchman of theirs in order to launder their black money, alleges.

Huawei partners with Dialog Axiata

Wednesday, 13 July 2016 13:53

Huawei, the fastest growing smartphone in Sri Lanka, partnered with Dialog Axiata, Sri Lanka's premier telecommunications service provider to market the recently launched flagship smartphone - the Huawei P9.

Dialog announces new Group CEO

Wednesday, 13 July 2016 09:40

Dialog Axiata (Dialog) has commenced preparation for the succession of its Group Chief Executive at year end 2016.

DIMO, Mora Uni. unveil Formula Student 2016 race car

Monday, 11 July 2016 13:56

Diesel & Motor Engineering PLC (DIMO), a leading automobile company in Sri Lanka, together with the engineering students from the Mechanical Engineering Department of University of Moratuwa unveiled the D-Mora P1, the race car built by the university students to participate in the world’s biggest student motorsport competition “Formula Student 2016”.

Wheeler dealing in Onyx's bid to buy Holcim Lanka?

Sunday, 10 July 2016 20:16

Holcim Lanka Ltd a subsidiary fully owned by LafargeHolcim is to be divested as a part of there divestment plan to collect 3.7 billion CHF by the end of 2016. The sale process is to be in its final stages with binding bids being sent by several companies. Final negotiations are to be concluded shortly. It is being reported that a Chinese company has bid high for the Sri Lankan cement company.

EU reduces GSP+ conditions

Sunday, 10 July 2016 15:46

The European Union has brought down, from 56 to 16, the conditions Sri Lanka should meet to regain the GSP+ export concession, according to minister Ravi Karunanayake.

Singer donates 3 more dialysis machines

Friday, 08 July 2016 16:26

Singer Sri Lanka, the country’s leading consumer durable retailer, donated three CRRT (Continuous Renal Replacement Therapy) machines worth over Rs. 7.5 million under the Singer “Thirst for Life” health and wellness sustainability project to help those affected by CKD (Chronic Kidney Disease).

Holcim acquisition, stepping stone to China's control of SL harbours

Thursday, 07 July 2016 21:35

The possible takeover of Holcim Lanka Ltd by China Resources Cement Holdings Ltd, a subsidiary of the China Resources Group which in turn is a state-owned Chinese enterprise fits in well with China's long term expansionary and strategic goals in the region.

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