Features

Trekurious and Simplifly Partner to Launch Sri Lanka’s First Aerial Whale Watching Experience

Trekurious, in partnership with Simplifly is offering travellers to Sri Lanka the unique and exclusive opportunity to take to the skies and experience non-intrusive whale-watching. A first-of-its-kind experience in Sri Lanka, Aerial whale-watching offers travellers the best perspective to appreciate the visual treat of entire pods of Blue Whales and Sperm Whales, as they migrate…

(0)Comments | November 26, 2014 5:10 pm

Sri Lanka’s Defence Ministry to take over Lanka Cement property at Kankesanthurai in Jaffna

The Ministry of Defence has taken steps to acquire the Lanka Cement PLC property at Kankasenthurai. The property includes 104 acres of land and existing buildings, says Lanka Cement Chairman and Managing Director N.S.M. Samsudeen. Lanka Cement has requested for compensation for the land and buildings and says all staff would be retired under the…

(0)Comments | November 25, 2014 9:56 pm

Highway on pillars from Kottawa to near Parliament

The Road Development Authority (RDA) is to construct a highway on pillars to make it easier for vehicles along the Southern Expressway to enter Colombo from Kottawa to Kimbulawala in Thalawathugoda. RDA Chairman R.W.R.Pemasiri told AdaderanaBiz.lk that this highway would end near the Parliamentary complex. He added that apart from this two more overhead roads…

(0)Comments | November 25, 2014 11:57 am

New proposed highway plans. Highways for inner Colombo city –Video Interview

Secretary to Ministry of Highways, Ports & Shipping and Chairman of the Road Development Authority R.W.R. Pemasiri revealed on new highway road plans for in and around Colombo areas during an exclusive interview with BIZ 24×7 of Ada Derana 24×7. It has come to light that the authorities expect to launch the new highway road…

(0)Comments | November 20, 2014 6:07 pm

International designer brand TOMMY HILFIGER to launch in Sri Lanka

Tommy Hilfiger, the iconic international designer brand will open its first store in Sri Lanka this December. This marks the first international designer brand to launch in the country. The design house is renowned for its preppy style and has been worn by top international celebrities such as Jacqueline Fernandez, Sonam Kapoor, Jessica Alba, Katy…

(0)Comments | November 18, 2014 6:10 pm

Alto, ViVA, Panda etc car prices tumble in Sri Lanka

While the prices of smaller motorcars saw a huge decrease through the 2015 Budget proposals, motorcar sales institutions have now released the new prices of their imported vehicles. Accordingly, a spokesman for Associated Motorways told AdaderanaBiz.lk an Alto motorcar which earlier cost Rs. 1,850,000 has gone down to Rs. 1,498,000. A Suzuki Wagon R which…

(0)Comments | November 13, 2014 9:33 pm

Ceylon Blue sapphire sets new world record

A Swiss auction has set a new world record for jewelry sales, Christie’s said on Wednesday, led by a Ceylon sapphire known as the “Blue Belle of Asia” which alone sold for an unprecedented 16.96 million Swiss francs ($17.6 million). Christie’s said that 346 items had found new owners on Tuesday evening for a total…

(0)Comments | November 13, 2014 9:29 pm

EXCLUSIVE: Shangri-La wants more land at Sri Lanka’s Gall Face

The Hong Kong based Shangri-La Group which is already engaged in two hotel projects at Galle Face in Colombo and Hambantota has requested for a further plot of land at Galle Face, says the Urban Development Authority (UDA) Chairman. During an exclusive interview with Adaderanabiz.lk UDA Chairman Nimal Perera said that Shangri-La had requested for…

(0)Comments | November 12, 2014 12:04 pm

Renuka Holdings PLC embarks on iconic real estate development

Sri Lankan conglomerate Renuka Holdings PLC received shareholder approval at the EGM held on 11th November 2014 to proceed with the group’s ambitious project to date – The Renuka Tower – at Galle Face Terrace. The Renuka Tower will be a modern 28 storey tower providing ‘A’ grade office facilities built on company owned land…

(0)Comments | November 11, 2014 6:18 pm

Dish TV receives DTH license in Sri Lanka

Dish T V Lanka (Private) Limited, the Sri Lankan subsidiary of the Direct to Home television services operator Dish TV has received a DTH license from the Government of Sri Lanka to launch operations in the country, Dish TV has informed BSE. Dish TV had earlier partnered with Sri Lanka-based Satnet to form a joint venture called Dish TV Lanka in April 2012….

(0)Comments | November 11, 2014 11:53 am