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Planning of LRT transport system within Colombo city – VIDEO

Senior lecturer at the Moratuwa University, Dr. Dimantha de Silva joined Ada Derana Biz for a discussion on the proposed Light Rail Transit (LRT) transport system to be established in Colombo under the Mega-polis project. Dr. Dimantha de Silva explains the beginning, extension and the current situation of the LRT transport system.

(0)Comments | August 18, 2016 10:17 am

Globally-acclaimed Meiya & Alvin Toy Collection returns home to delight children in Sri Lanka

A globally reputed but proudly Sri Lankan toy manufacturing company, DSL Lanka (Pvt) Ltd, is poised to launch its internationally acclaimed range of toys to the local market. The range consists of a natural line of baby toys combining rubber and fabric, originally based on two charming characters from the accompanying storybook, ‘A Day at…

(0)Comments | August 17, 2016 4:27 pm

George Steuart Teas honoured as the ‘Highest Value Added Exporter in the Tea Sector’ at the Presidential Export Awards

George Steuart Teas, one of the country’s foremost exporters of Ceylon Tea who are widely recognized as the ‘Original Tea People’, were honoured as the ‘Highest Value Added Exporter in the Tea Sector’ in the year 2014 at the recently concluded 20th Presidential Export Awards (PEA) ceremony which was held under the auspices of President…

(0)Comments | August 17, 2016 12:28 pm

Virtusa Announces First Quarter 2017 Consolidated Financial Results

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, reported consolidated financial results for the first quarter fiscal 2017, ended June 30, 2016. First Quarter Fiscal 2017 Consolidated Financial Results Revenue for the first quarter of fiscal 2017…

(0)Comments | August 17, 2016 10:04 am

BOI Hosts Overseas Diplomats Delegation From 20 Countries

The Board of Investment of Sri Lanka hosted recently a delegation consisting of 26 foreign diplomats from 20 countries who are currently undergoing training at the Bandaranaike International Diplomatic Training Institute (BIDTI). The group of diplomats were from Afghanistan, Bangladesh, Cambodia, Ethiopia, Fiji, Iran, Iraq, Kenya, Laos, Malaysia, Maldives, Myanmar, Nepal, Pakistan, Palestine, Papua New…

(0)Comments | August 16, 2016 1:38 pm

My vision was to effect a change in Sri Lanka’s service providing, says Lassana Flora chairman Dr. Malavige – VIDEO

His vision was to effect a change in Sri Lanka’s service providing, said Specialist Dr. Lassantha Malavige, Chairman of Sri Lanka’s premier floral solutions provider Lassana Flora, while joining a discussion with Ada Derana Bix 24X7. Below is the full discussion with Dr. Malavige:

(0)Comments | August 16, 2016 1:28 pm

Audience Polls at Economic Summit Reveal Pessimism on Policy Performance; but Strong Support for PPPs, Freeing up Trade and Logistics

By the Economic Intelligence Unit, Ceylon Chamber of Commerce Participants at the recently concluded Sri Lanka Economic Summit are optimistic about the government’s ability to deliver economic results in the next four years, but are critical of the progress made so far and have mixed views about Budget 2017, according to a survey conducted at…

(0)Comments | August 16, 2016 12:22 pm

SLT Group 1st Half Revenue up; Profits Affected by External Factors

Sri Lanka Telecom PLC released the Group financial results for the first half of 2016. The Group comprises of the holding company and eight subsidiaries including the mobile service provider, Mobitel (Pvt) Ltd. As the national ICT solutions provider with a strong balance sheet, the Group reported revenue of Rs 36.69 billion for the first…

(0)Comments | August 16, 2016 10:22 am

Rocell expands its footprint in Australia

Rocell, the Sri Lankan tile and bathware manufacturer renowned for its quest for elegance and luxury living, opened its Flagship Store in Australia on Thursday, 11th of August. The new 1000 square meter store designed by Italian designer, Simone Cagnazzo, is located on Whitehorse Road in Mitcham, an area synonymous with household construction material and…

(0)Comments | August 16, 2016 12:48 am

London Stock Exchange Group to open ultra-modern technology hub in Expert City

 LSEG to occupy 26,000 sq ft premises at Expert City  Facility to provide world class working environment  Employment opportunities for 400 highly skilled technologists London Stock Exchange Group’s Business Services division (LSEG BSL) in Sri Lanka will soon open its new headquarters in the historic Expert City precinct, formerly known as Tripoli…

(0)Comments | August 16, 2016 12:01 am

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