* Five Asian cities – Bangkok, Singapore, Kuala Lumpur, Seoul and Hong Kong – make it into the Global Destination Cities Index top ten. Colombo leads the pack as the fastest growing city in terms of international, overnight visitor numbers in the annual MasterCard Global Destinations Cities Index. The rapid rise in tourism after the…
Moshe Safdie, the architect of Sri Lanka’s Altair high-rise luxury residential development, has been honoured with the 2015 Gold Medal of the American Institute of Architects (AIA), the Institute’s highest honour, for his contribution to global architecture. Announcing the award, presented at the 2015 AIA Convention in Atlanta in May, Altair promoter Indocean Developers said…
We carry a series of exclusive interviews with Sam Samarasinghe, a Consultant Engineer who was also a consultant to the Lee Kwan Yew government of Singapore. This is the second interview in the series and is mainly on matters that enabled Singapore, a onetime fishing hamlet to become a developed island city nation. This segment…
Archer Daniels Midland Europe BV the main shareholder in Chemcel (Pvt) Ltd says that Chemcel (Pvt) Ltd is to cease its operations based on a number of considerations. Archer Daniels Midland Europe currently holds 23.15 per cent equity of Chemcel (Pvt) Ltd and it is reflected in its books that the investment value of Rs….
New Nawaloka Medical Center (Pvt) Ltd, a wholly owned subsidiary of Nawaloka Hospitals PLC signed a memorandum of understanding on 30 May 2015 with Harmony and Fusion International (Pvt) Ltd for a joint venture company under the name Nawaloka Guardian International (Pvt) Ltd to carry out an elder care services. Nawaloka Hospitals will take up…
Ceylinco Insurance PLC incorporated its two fully owned subsidiaries Ceylinco Life Insurance Limited and Ceylinco General Insurance Limited in order to carry out its long term and general insurance businesses while complying with the segregation of the two classes of insurance businesses under the Regulation of the Insurance Industry (Amendment) Act. Accordingly, the Insurance Board…
The crowning beauty for Ms. Earth 2014, Jamie Harrell resides at Citrus Waskaduwa during her stay in Sri Lanka. Ms. Earth 2014, has been invited to be a judge at the Derana Miss Sri Lanka Contest 2015. About Jamie Harrell – Ms. Earth 2014 By winning the Miss Philippines Earth 2014 title, Jamie became the Philippines’ delegate…
Stocks were broadly lower Wednesday for a third straight day, as profit taking continued in index heavyweights. Benchmark All Share Price index lost 45.73 points or -0.64% to end at 7,149.46 whilst S&P SL 20 index lost 14.70 points (-0.37%) to end at 3,971.47. The losses were mainly driven by price declines in high cap…
The government is preparing an exclusive business plan for the Mattala International Airport built by the previous government and dubbed a ‘white elephant’ by the present government. The government has appointed a Cabinet sub-committee for the preparation of this marketing plan and it is reportedly to meet for the first time at 3.30 pm tomorrow…
Nissan is allegedly preparing to upgrade the current Leaf’s battery before the next-generation model arrives on the market. Higher trim levels are expected to receive a 30-kWh battery pack for the 2016 model year, while the entry-level ‘S’ package will retain the current 24-kWh module, two unnamed dealers told InsideEVs. The report suggests the 25-percent…
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