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Video- Cargills Bank launches new culture in Commercial Banking for progress and wealth creation

Cargills Bank entered Sri Lanka’s Banking and Finance Industry as the 23rd licensed commercial bank in Sri Lanka with the ceremonial launch of its Head Office at No. 696, Galle Road, Colombo 3, today. The launch was presided over by Chief Guest, Governor of the Central Bank of Sri Lanka, Mr. Ajith Nivard Cabraal and…

(0)Comments | June 30, 2014 5:35 pm

Toyota Hydrogen Car Will Be Available in 2015

Toyota recently announced its response to Tesla Motors’s fully electric vehicle with a hydrogen powered car that will be available in 2015. The hydrogen fuel cells only emit harmless water vapor. The first model of the vehicle will be a 2015 Sedan that is priced at $70,000 and will be first launched in Japan, which…

(0)Comments | June 27, 2014 12:07 pm

Sri Lankan Conglomerate joins up with Spanish chain to start new hotel in Ahungalla under BOI

Aitken Spence partners with RIU Hotels Spain to build USD 100mn resort in Ahungalla spearheading the first business model around Southern development Aitken Spence PLC entered into an agreement with the Board of Investment of Sri Lanka (BOI) to set up a five star Luxury Resort in Aungalla. This agreement was signed by the Chairman…

(0)Comments | June 27, 2014 9:57 am

First ever international style apparels wholesale centre in Colombo

The Sri Lanka Apparel Brands Association (SLABA) with the participation of some 100 organizations in the apparels sector has planned to set up a wide ranging sales centre in Colombo to sell apparels to local and foreign buyers. While speaking to AdaderanaBiz.lk, SLABA chairman Indradatta Dharmawardena said that countries like China and Thailand have already…

(0)Comments | June 26, 2014 2:58 pm

Lost your passport? Here’s what you should do

A special unit has been set up to deal with lost or stolen passports and the Department of Immigration and Emigration requests the owners of such passports to inform this unit. They are requested to lodge a complaint to the nearest police station and inform this special unit at the Department of Immigration and Emigration…

(0)Comments | June 19, 2014 5:33 pm

Samsung Galaxy S5 Mini release date, news and rumours

The Samsung Galaxy S5 is a great phone, but it’s also big and expensive, so a smaller, cheaper alternative could certainly find itself some fans. Sadly we’re still waiting for one, but there were shrunk down versions of the last two Samsung flagships so we’re pretty confident that a pint sized version of the S5…

(0)Comments | June 17, 2014 11:45 am

Shopping complex soon at former AG’s building

The renovations of the building occupied earlier by the Auditor General’s Department is nearing completion now, it is to be opened by end July or beginning August as a shopping complex with 42 sales outlets, says the Urban Development Authority (UDA) chairman. UDA chairman Nimal Perera told AdaderanaBiz.lk that all the 42 sales outlets have…

(0)Comments | June 17, 2014 10:58 am

England cricket star Stuart Broad’s latest maiden is lingerie model Bealey Mitchell

England cricket captain Stuart Broad clearly has Twenty20 vision when it comes to dating. The bowler’s latest maiden is lingerie model Bealey Mitchell, pictured here with him at the Derby. They got together a few weeks ago after meeting in a bar. Bealey, 26, was so smitten she got Stuart’s number from friends and arranged…

(0)Comments | June 16, 2014 4:49 pm

Next-gen Toyota Prius to pioneer new hybrid technology

Toyota is developing a radical hybrid energy storage system for its next-generation Prius Toyota is working on transferring its Le Mans electric motor technology to further improve the fuel efficiency of its pioneering Prius hybrid. The Japanese brand has confirmed that it is using the gruelling 24-hour sportscar endurance race to explore the benefits of…

(0)Comments | June 16, 2014 4:17 pm

Suriyawewa IT Park tender to local company soon

The first Information Technology (IT) Park project to be established by the Sri Lanka Telecommunications Regulatory Authority (TRC) is to be set up on a 13 acre plot of land near the Suriyawewa stadium and work would begin around next month, TRC chairman Anusha Pelpita told AdaderanaBiz.lk He added that this IT Park would be…

(0)Comments | June 16, 2014 3:18 pm