Featured News

Alumex leads the field

The Alumex Group performed exceptionally well in the financial year ended 31st March 2014, with revenue growing 13% to reach Rs. 2.8 billion. Profit before tax of the group was Rs. 464 million recording an increase of 23%. Profit after tax was reported as Rs. 379 million compared with Rs. 307million in the previous year….

(0)Comments | May 12, 2014 9:45 pm

Dipped Products Group remains resilient in the face of a difficult year

The Hayleys Group subsidiary, Dipped Products, recorded a consolidated turnover of Rs. 23 Bn turnover in the Financial Year ending 31st March, 2014. Despite numerous challenges encountered during the year – including the forced closure of the latex glove manufacturing factory at Rathupaswala, since 30 July 2013 – DPL sustained its revenue base with a…

(0)Comments | May 12, 2014 9:38 pm

Holcim Sanstha becomes first cement brand to be ‘Green Building’ Certified in Sri Lanka

At the recently held Green Building Award Ceremony 2014, organized for the first time by the Green Building Council of Sri Lanka, Holcim Lanka Limited was awarded Green Labelling Certification for its Sanstha brand. The awards ceremony was held at the BMICH Colombo under the patronage of the Minister of Economic Development Hon. Basil Rajapaksa….

(0)Comments | May 12, 2014 9:32 pm

Nestlé delivers a good performance in Q1 2014 with a growth of 11%

Revenue of LKR 8.6 billion, signifying a YoY growth of 11.0% Profit after tax of LKR 1.1 billion Launches Nestlé Professional Cold Vending Beverage Solution with Nescafé ice coffee and Nestea ice lemon tea Maggi voted ‘Food Brand of the Year’ and ‘Youth Food Brand of the Year’ at SLIM Nielsen People’s Awards for second…

(0)Comments | May 12, 2014 9:23 pm

Three Sri Lankan students depart for Intel ISEF

Students meet with Secretary to the Ministry of Education prior to their departure Secretary to the Ministry of Education, Anura Dissanayake met with the winner of the Sri Lanka Science and Engineering Fair (SLSEF) 2014, G.B.R.D. Malewana from Nalanda College, Colombo, and runners-up W.A.N.U. Piyasiri of the Thambuttegama Central College, Thambuttegama and L.N.K. Silva of…

(0)Comments | May 12, 2014 9:17 pm

Fadna Cinnamon Tea is honored with the Certification of Pure Ceylon Cinnamon

The Fadna Cinnamon Tea, produced and distributed by Food and Nature Company was recently awarded the Pure Ceylon Cinnamon Quality certificate by Sri Lanka Export Development Board. This certification which is awarded only for highest quality export products is  granted on the recommendation of a committee of experts appoined by the SLEDB. The photograph depicts…

(0)Comments | May 12, 2014 4:08 pm

Emirates Group Announces 26th Consecutive Year of Profit

The Emirates Group today announced its 26th consecutive year of profit and company-wide growth, ending the year in a strong position despite competitive pressure and a global economic environment that is only slowly recovering. The financial year ending 31 March 2014 also marked an unprecedented level of investment across the Group, continued expansion of its global footprint, and the…

(0)Comments | May 9, 2014 4:51 pm

BBDO Lanka pays tribute to victorious SL cricket team with ‘Tropical Kings’

Trilingual music video captures spirit of the Lankan victory BBDO Lanka is paying tribute to the 2014 ICC World Cup Twenty20 winning Sri Lankan cricket team with ‘Tropical Kings’, a trilingual music video celebrating the victory and praising the entire Lankan cricket team for their grand achievement for the country. Sri Lanka recently became the…

(0)Comments | May 8, 2014 5:37 pm

Sunil Bharti Mittal to co-chair World Economic Forum on Africa 2014

Sunil Bharti Mittal, Founder & Chairman, Bharti Enterprises, one of India’s leading business groups with interests in telecoms, retail, agri business and financial services, will Co-Chair this year’s edition of the World Economic Forum on Africa. World Economic Forum on Africa is the continent’s marquee event and is attended by top business and government leaders…

(0)Comments | May 8, 2014 5:13 pm

Golfy wins hearts of ‘junior’ guests at Galle Face Hotel

“Golfy the Lion cub, Galle Face Hotel’s new and cuddly soft toy has left a lasting impression in the minds of our junior guests and it is wonderful to have them enjoy their stay with us,” states Tony Fleming, Group General Manager, Galle Face Hotel. Galle Face Hotel has recognized that travel can be a…

(0)Comments | May 7, 2014 7:09 pm