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Toyota Lanka Unveils the Latest SUV that’s taking Asia by Storm

Drive Confident with the Toyota “Rush” Toyota Lanka (Private) Limited, the sole authorized distributor for Toyota vehicles in Sri Lanka today unveiled the latest Toyota SUV that has been taking the Asian vehicle market by storm. The all-new Toyota “Rush” is a plush 7-seater SUV that embodies the adrenaline rush of driving a vehicle that…

(0)Comments | June 13, 2018 1:53 pm

Sampath Bank Engages Sri Lankan Enterprises on Doing Business in Myanmar

With a growing interest in the Myanmar market amongst Sri Lankan businesses, Sampath Bank PLC hosted an informative seminar on doing business in Myanmar at the Cinnamon Grand Colombo, recently. His Excellency Hon. Han Thu, Ambassador of the Republic of the Union of Myanmar to Sri Lanka was the chief guest of the event. Delivering the…

(0)Comments | June 13, 2018 12:35 pm

eChannelling Partners ICTA to provide doctor channeling for government hospital patients

eChannelling PLC, the largest Doctor Channeling Network in Sri Lanka, along with Mobitel, and the Information and Communication Technology Agency of Sri Lanka (ICTA) have embarked on a national endeavour – “eChannelling for Government Hospitals” – as a service provider for OPD time reservation at government hospitals. This project is carried out under the guidance…

(0)Comments | June 13, 2018 11:48 am

Sri Lankan stocks hit near 6-month closing low

Reuters – Sri Lankan shares fell for a fifth straight session on Tuesday to hit their lowest closing level in nearly six months, as investors sold telecom and diversified shares. The Colombo stock index ended 0.06 percent weaker at 6,348.53, its lowest close since Dec. 22. The index fell 0.7 percent last week, its third…

(0)Comments | June 13, 2018 8:06 am

Pathfinder Foundation & CAWD Plan for cooperation in the education field and to strengthen people-to-people relations

The China Academy of West Region Development (CAWD), a well-known think-tank and consultancy outfit, was established jointly by the National Development and Reform Commission of China and the Zhejiang University in 2006 with the blessings of President Xi Jinping. At the invitation of the Pathfinder Foundation (PF) a delegation headed by Prof. Zhou Guping, President…

(0)Comments | June 12, 2018 3:36 pm

Cryptocurrencies Lose $42 Billion After South Korean Bourse Hack

Bloomberg – The 2018 selloff in cryptocurrencies deepened, wiping out about $42 billion of market value over the weekend and extending this year’s slump in Bitcoin to more than 50 percent. Some observers pinned the latest retreat on an exchange hack in South Korea, while others pointed to lingering concern over a clampdown on trading platforms…

(0)Comments | June 12, 2018 2:32 pm

Tehran springs August surprise on Colombo

Iran-Sri Lanka total trades surge, huge balance in favour of Sri Lanka Tehran is upbeat. Buoyed by the outcomes of recently wrapped Sri Lankan state visit, Iran has now called for the pivotal Joint Economic Commission talks to be held in Tehran-as early as this August. “As per our own assessment, the May 2018 State…

(0)Comments | June 12, 2018 2:04 pm

ONYX Group appoints Russell Cool as Area General Manager in Sri Lanka

Amari Galle, OZO Colombo and OZO Kandy to be led by a new head of operations Thailand-based ONYX Group has appointed Russell Cool as Area General Manager for all ONYX properties in Sri Lanka. Cool will be responsible for overseeing all aspects of ONYX Hospitality Group’s Sri Lanka portfolio of hotels and will provide strategic…

(0)Comments | June 12, 2018 11:46 am

Business conference on the potential of the blue economy in Sri Lanka – “Sustainable use of the oceans”

On 22 June 2018, the Royal Norwegian Embassy will be hosting a business conference about the potential of the blue economy in Sri Lanka. This conference, geared towards the private sector of Sri Lanka and Norway, is organized in collaboration with the Ceylon Chamber of Commerce, Sri Lanka Nordic Business Council and Innovation Norway, India…

(0)Comments | June 12, 2018 11:17 am

GREG change colours to Ambeon

Once Sri Lanka’s famous stock counter in post war Stock Market of the country, GREG – the presently known Lanka Century Investments PLC which underwent a name change in November 2013, again after less than 5 years had changed its’ name to Ambeon Holdings PLC, a filing to the Colombo Stock Exchange (CSE) by the…

(0)Comments | June 12, 2018 10:22 am