Features

Land Rover unveils its Discovery Vision concept

Land Rover unveiled its Discovery Vision concept at the 2014 New York International Auto Show. Its classification as a ‘leisure SUV’ may show the company as backing off its legendary off-roading capability. That notion would appear to be wrong, given the incredible array of futuristic terrain technology Land Rover describes for this concept. Rather than…

(0)Comments | April 18, 2014 3:41 am

Will Maruti’s fuel tank defect affect Sri Lanka?

Last week the foreign media reported that India’s largest car maker Maruti Suzuki would recall over one lakh units of its popular models – Ertiga, Swift and DZire – to replace faulty fuel filler necks. To find out whether this recall would affect vehicles sold in the Sri Lankan market, AdaderanaBiz contacted Maruti Suzuki agents…

(0)Comments | April 16, 2014 6:19 am

US-Sri Lanka export bonds continue to surge ahead

The United States, which is the main country which accuses Sri Lanka of violating human rights, is still in the forefront by buying the largest chunk from Sri Lanka’s export market. The US has bought 24 percent of the exports from Sri Lanka. While Sri Lanka’s largest export market, the US buys mainly apparels, 10.4…

(0)Comments | April 16, 2014 5:12 am

New Year seems prosperous for Sri Lankan cricketers

Get largest amount of cash ever received by a cricketer in Sri Lanka Sri Lanka Cricket (SLC) Treasurer Nuski Mohamed says that the ICC Twenty/20 World Cup win has enabled the Sri Lankan cricketers to receive the largest amount of cash ever received by a player in the island’s history. While speaking to AdaderanaBiz, Mr….

(0)Comments | April 13, 2014 6:08 am

Over 4,000 faulty Prius hybrids in Sri Lanka, says Toyota

There are reportedly 4,030 Prius hybrid vehicle that have been sold to Sri Lanka among the 1.9 million recalled by Toyota recently. Toyota Lanka General Manager – Services, Matheesha Samaranayake, while speaking to AdaderanaBiz said that this number includes 20 Toyota Prius hybrid vehicles sold by the company in Sri Lanka and some 4,000 others…

(0)Comments | April 12, 2014 2:49 am

Abu Dhabi based Rotana’s maiden flight to Mattala

The Abu Dhabi based Rotana Jet airlines began its flights to Mattala International Airport today. The airline is to make three flights a week to the Mattala and Katunayake International Airports. Rotana Jet would use an Airbus 319 for these flights which are scheduled from the Al Bateen airport in Abu Dhabi on Wednesdays, Thursdays…

(0)Comments | April 10, 2014 10:24 am

ODEL buys adjoining property for Rs. 800 million

ODEL PLC had bought the property adjoining its main fashion showroom and shopping complex at Alexandra Place in Colombo 7 for Rs. 800 million. The company has informed this to the Colombo Stock Exchange. It has further stated that the land would be utilized for the company’s expansion.

(0)Comments | April 9, 2014 12:53 pm

Citrus Waskaduwa opening buoyed by Sri Lanka’s T/20 World Cup win

The official opening of iconic 5-star Citrus Beach Resort Waskaduwa was held on Sunday 06 April with President Mahinda Rajapaksa as the chief guest and Defence Secretary Gotabhaya Rajapaksa and Economic Development Minister Basil Rajapaksa as the guests of honour. With all eyes on the 2014 ICC Twenty20 World Cup championship final match between cricket heavyweights Sri Lanka and…

(0)Comments | April 9, 2014 11:43 am

Size of dollar bag for Twenty20 World Champs Sri Lanka

The Sri Lankan cricket team beat India at the 2014 Twenty20 ICC World Cup tournament played at Bangladesh yesterday and emerged the champions much to the delight of Sri Lanka cricket fans. The prize money for the winning team is USD 1.1 million according to the 2014 Twenty20 ICC World Cup official website. This prize money is for…

(0)Comments | April 7, 2014 11:20 am

Mattala airport prepares for another take-off

The government is setting up a storage facility capable of holding three million litres of aviation fuel. This fuel storage facility will be opened very soon, Airport and Aviation Services Ltd. chairman Prasanna Wickremasuriya told AdaderanaBiz. “This storage facility will sell fuel to aircraft,” he added. While the Abu Dhabi based Rotana Jet is preparing…

(0)Comments | April 4, 2014 3:40 am