Latest News
Deal with China on Holcim acquisition could cost Govt India’s friendship
Wednesday, 06 July 2016 17:37The government’s stated intention to ‘Look to Asia’ in the aftermath of Brexit has been compounded by what appears to be a whisper from China for the proverbial pound of flesh in the form of the acquisition of Holcim Lanka Ltd.
DIMO Agri division launched
Wednesday, 06 July 2016 10:35Diesel and Motor Engineering (DIMO) PLC, one of the leading automobile companies in Sri Lanka, is aiming to expand its presence in the agriculture sector, while creating a new identity as “DIMO Agri” in the industry.
Softlogic’s King Long launches medium-sized coach
Tuesday, 05 July 2016 12:19Softlogic Automobiles (Pvt) Ltd, a subsidiary of Softlogic Holdings, has launched a medium-sized King Long coach, making it the latest addition to the King Long range of passenger transport vehicles in Sri Lanka.
Sri Lanka calls investors to run Mattala international airport
Monday, 04 July 2016 11:12Sri Lanka has called for expressions of interest from domestic and international companies to invest and operate Mattala Rajapaksa International Airport, the country's second airport.
Indrajith Coomaraswamy appointed CBSL governor
Saturday, 02 July 2016 11:03President Maithripala Sirisena has appointed Sri Lankan economist - Dr. Indrajith Coomaraswamy as the new Governor of the Central Bank of Sri Lanka from next Monday.
Singer revitalizes Home Science education
Friday, 01 July 2016 11:20Singer Sri Lanka PLC, the country’s most trusted consumer durables retailer, has successfully commenced the second phase of “Singer Soopa Shasthra” programme jointly with the Ministry of Education to boost the standard of Home Science education across the country.
Friends to get higher priority in Facebook News Feeds
Thursday, 30 June 2016 11:27Facebook has once again tweaked the formula it uses to decide what people will see in their news feed - and this time, it's personal.
ADB, Sumitomo Mitsui back Colombo port expansion
Wednesday, 29 June 2016 20:28The Asian Development Bank (ADB) and Japan's Sumitomo Mitsui Banking Corp. (SMBC) are advising the Sri Lankan government on a $500- million port expansion project in Colombo.