New properties to include Shangri-La Hotel, Colombo, the most anticipated luxury hotel opening in Colombo for 35 years, and the eagerly awaited re-opening of the Tower Wing at Shangri-La Hotel, Singapore Shangri-La Hotels and Resorts, the Hong Kong-based luxury hotel operator, revealed details today about its exciting pipeline of new luxury properties across the Indian…
Triad Digital secured three prestigious awards at the recently concluded Bestweb.lk Awards Ceremony held at the Grand Ballroom of Galadari Hotel. Bestweb.lk, a contest hosted by LK Domain Registry, honours high performance websites under nine main categories, and is open to organizations from both private and public sector across all disciplines and industries. Triad Digital,…
IBM announced today a collaboration with Lanka Bell, Sri-Lanka’s leading telecommunications service provider, to provide enterprises, start-ups, developers and government bodies cloud services via the IBM Cloud. As a part of the agreement, the two companies will jointly market and sell new offerings for public, private and hybrid cloud deployments, including workload migrations, disaster recovery…
Reuters – Sri Lankan shares fell on profit taking on Monday after reaching a six-month closing high and gaining 9.4 percent in the previous 16 session as foreign investors bought risky assets. The Colombo stock index ended 0.45 percent weaker at 6,505.95, from its highest close since Oct. 11 hit in the previous session. It…
SLT to go for Joint venture operation with IOCPL SLT and IOCPL to inaugurate South Asia’s 1st Submarine Cable Depot in Galle, Sri Lanka During the period between the 21st and the 24th of March, Sri Lanka Telecom (SLT) hosted the Management Committee Meeting of two submarine cable maintenance consortiums at the Hotel Galadari in…
Brandix has been ranked Sri Lanka’s most valuable export brand for the third consecutive year in the just-released 2017 Brand Finance rankings of the country’s leading brands. Already rated the country’s top exporter across all sectors, Brandix leads a group of highly respected export brands in apparel, IT, tea, manufacturing, processed foods, services and printing,…
Organized by the Sri Lanka Gem & Jewelry Association, this year’s edition of the country’s leading international Gem and Jewelry show – FACETS – is set to take the global community by storm. Scheduled to begin on the 31st of August and end on the 3rd of September 2017, FACETS showcases the best of the…
Colombo International Container Terminals (CICT) recently welcomed the maiden call of CMA CGM Nabucco, the first vessel under the Ocean Alliance to call on the Port of Colombo. The vessel operated by CMA CGM was the first in a new weekly service attracted to Colombo by CICT this year, and will operate under the USEC…
The current economic performance of Sri Lanka was given a special praise during the ongoing biannual summit of the International Monetary Fund and World Bank at Washington DC, said Finance Minister Ravi Karunanayake. The minister points out that he started separate discussions with heads of the IMF and the WB. The summit began on April…
ASPI up by 4.93% and S&P SL 20 up by 6.85% in 2017 Net foreign inflow of 14.3 Billion Rupees year-to-date in 2017, up from 383.5 million in 2016 Net foreign inflows for 21 consecutive trading days Foreign investor contribution to total turnover exceeds 50% for first time since 2008 The Colombo Stock Exchange…
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