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Batticaloa International Trade Exhibition begins on this Friday

The 3rd Edition of Batticaloa International Trade Exhibition 2016 is scheduled to be held on the 30th September, and 1st & 2nd of October 2016 at the Shivananda Vidyalaya Grounds in Batticaloa. BITE as it is popular known, is organized by Lanka Exhibition & Conference Services (Pvt) Ltd together with Batticaloa District Chamber of Commerce,…

(0)Comments | September 26, 2016 10:30 am

Lanka IOC MD comments on current trends of lubricant industry – VIDEO

Mr. Shyam Bohra, the Managing Director of Lanka IOC PLC comments on current trends of lubricant industry and recent diesel tax hike.

(0)Comments | September 26, 2016 10:08 am

Sri Lankan shares up for third straight session on blue chips

Reuters – Sri Lankan stocks edged up for a third straight session on Friday posting a more than one week closing high, led by gains in large cap shares amid investor appetite for stocks that took a hit earlier in the week due to a proposed tax increase. The International Monetary Fund (IMF) said on…

(0)Comments | September 24, 2016 8:05 pm

The Banking and Financial sector Need to Embrace Digital Transformation More Holistically

It’s being called the fourth industrial revolution and has century old companies and globally renowned brands rethinking their business and communication strategies to cater to a new generation of customers. Two sectors in particular are tied closely to the population than any other sectors and need to be ahead of the digital transformation to stay…

(0)Comments | September 24, 2016 7:58 pm

IMF Staff Concludes Visit to Sri Lanka to Discuss Progress of Economic Program – VIDEO

A staff from the International Monetary Fund (IMF) led by Jaewoo Lee visited Colombo during September 13-23 2016 to hold discussions on the first review of the Sri Lankan authorities’ economic program that is being supported by a three-year Extended Fund Facility (EFF). The program aims to support the authorities’ ambitious reform agenda to put…

(0)Comments | September 23, 2016 6:05 pm

Miss Earth 2015 Angelia Ong visits Town House & Co

Angelia Ong, the winner of the Miss Earth 2015 pageant, recently graced the ‘Derana Miss Sri Lanka for Miss Earth 2016’ on a special invitation by TV Derana- to crown the winner of the pageant this year. Angelia was also accompanied by Brittany Payne -the 2nd runner-up of Miss Earth 2015. Pictured here are scenes…

(0)Comments | September 23, 2016 5:10 pm

Minister Samarawickrama underscores Sri Lanka’s interest to deepen economic cooperation with Korea

Minister of Development Strategies and International Trade Malik Samarawickrama underscored Sri Lanka’s interest to further strengthen economic relations with Korea, at a meeting with the Korean Deputy Prime Minister and Minister of Strategy and Finance Yoo Il-ho on Tuesday 20 September in Seoul. The Minister strongly welcomed more Korean investment in Sri Lanka’s growing economy,…

(0)Comments | September 23, 2016 2:01 pm

Sri Lankan shares rise on blue chips; foreign outflow hits 7-mth high

Reuters – Sri Lankan stocks hit a one-week closing high on Thursday, led by blue chips as investors picked up beaten down counters, even as foreign investor outflow touched a seven-month high, mainly due to selling in shares of National Development Bank. The benchmark index of the Colombo Stock Exchange ended 0.21 percent higher at…

(0)Comments | September 23, 2016 10:43 am

Uber makes travel reliable like never before, introduces ‘Schedule a Ride’ in Sri Lanka

Allows riders the convenience of scheduling a ride up to 30 days in advance Uber, the smartphone app that connects riders with drivers at the push of a button, today launched the ‘Schedule a Ride’ feature for its riders in Colombo. A top-requested service from riders around the world, especially from business travelers who use…

(0)Comments | September 23, 2016 10:41 am

Lanka IOC introduces “Global Container” for SERVO Lubricants

New packaging enhances quality for its consumers Lanka IOC introduced its Global Container packaging for SERVO Lubricants at a special function held at Taj Samudra Hotel. The newly introduced Global Container attributes to increased speed, flow, smoothness, higher life span of product and energy, withstanding a higher load. The new packaging also delivers an innovative,…

(0)Comments | September 23, 2016 10:14 am