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Alternate roads with Kandy Expressway to minimize congestion in hill capital

Higher Education and Highways Minister Lakshman Kiriella says with his getting the Highways Ministry he would give top priority to the construction of the Kandy Expressway.  Meanwhile, discussions are in progress on construction of alternate roads to minimise the traffic congestion within the Kandy city, added the Minister. Adding further, Minister Kiriella said a permanent…

(0)Comments | September 21, 2015 6:56 pm

Agreement signed to start Sri Lanka’s first elect train system – Video

Recently a contract has been signed between the ‘ Airport Express – Air & Rail Company (Pvt.) Ltd.’ of Malaysia and the Government of Sri Lanka to start an Electric Train System between Negombo and Colombo. The contract was signed by Dr.Shawana Khdir Ali President of Premiere Global Assets Ltd, and Dr.Parimalan Rajo Iso Michael…

(0)Comments | September 18, 2015 5:07 pm

SriLankan Airlines appoints new CEO

SriLankan Airlines is announcing the appointment of Capt. Suren Ratwatte as the Airline’s new Chief Executive Officer, with effect from October 2015. Capt. Ratwatte is an Airline Pilot with over 30 years of experience in the field whose first appointment was with SriLankan’s predecessor, Air Lanka in 1984. Thereafter, he joined Emirates in 1989, where…

(0)Comments | September 11, 2015 10:17 am

Alto, Celerio, Swift, K 10, Prius, Camri, Hilux, Axia, Micro: All vehicle prices on the up

After the Sri Lankan Rupee depreciated significantly against the US Dollar, almost all motor vehicle importing companies are preparing to increase their prices, revealed inquiries made by, which first revealed last Monday (07 September) that vehicle prices were to go up due to the depreciating Rupee. A senior official of Toyata Lanka Limited which…

(0)Comments | September 9, 2015 5:03 pm

ODEL launches ‘Into the Woods’ fall collection with glitzy fashion show

Fall inspires new fashion trends around the world, and Sri Lanka is no exception with ODELgiving local fashionistas an opportunity to experience the ‘forest couture’ that is dominating runways in the fashion capitalsof the world, with the launch of two new collections featuring dark and gloomy designs rich with earthy tones that take style lovers…

(0)Comments | September 9, 2015 1:00 pm

Daya, Anoma MP duo resign from Bimputh positions

Newly elected Members of Parliament, Daya D.K. Gamage and Dr. Mrs. Anoma Gamage have resigned from their posts at Bimputh Finance PLC. Daya Gamage resigned as Chairman with effect from 20 August and his wife Anoma Gamage resigned as Non-Executive Director with effect from 25 August 2015. Daya Gamage and Anoma Gamage each held 6.5…

(0)Comments | September 8, 2015 3:02 pm

Sri Lanka’s Rupee down, car prices up: Prius, Vezel rise by about 3 lakhs

In the aftermath of the Sri Lankan Rupee showing a record depreciation against the US Dollar last Friday the prices of motor vehicles imported into Sri Lanka too have risen by around 8 to 10 per cent, say the chairman of the Sri Lanka Vehicle Importers’ Association. Association Chairman Indika Sampath Merinchige told that…

(0)Comments | September 7, 2015 2:56 pm

Premier responds to request to store paddy in Parliament

UPFA Parliamentarian Wimal Weerawansa told Parliament this morning that utilizing the Mattala International Airport to store paddy is a crime and that if storage space in needed paddy could be stored in Parliament when it is not in session. Responding to this statement, Prime Minister Ranil Wickremesinghe said he is prepared to grant a debate…

(0)Comments | September 3, 2015 5:16 pm

Airtel revives plans to sell Sri Lanka, Bangladesh assets

India’s largest telecoms firm Bharti Airtel has revived plans to sell its Sri Lanka and Bangladesh operations and has appointed two bankers to conduct the sale. The move is part of the company’s plan to consolidate its operations, reduce debt and get out of unproductive, low-margin business. Sources have told CNBC-TV18 that Etisalat and Orange…

(0)Comments | August 28, 2015 1:31 pm

Embark opens its first standalone store, spreading its passion in Galle Fort

Embark, entrepreneur philanthropist Otara Gunewardene’suniquefashion brand with a cause, has forayed into independent retail with the opening of its first standalone store in Sri Lanka in the picturesque Galle Fort. With a completely new look, the 5,500 square foot vibrant Embark store at 33, Lighthouse Street brings to life the pooch-inspired themes of the brand…

(0)Comments | August 27, 2015 11:26 am