Business

Universal Robots A/S Denmark, Inventors of Collaborative Robots, launches in Sri Lanka

UNIVERSAL-ROBOTS-LAUNCH

The pristine island of Sri Lanka with its serene Buddhist culture will make-way for a technology pit-stop for one of the world leaders in the concept of ‘collaborative Robotics’. Universal Robots, a Danish robot manufacturer which invented and pioneered collaborative ...

Read More »

A Unique Partnership – Classic Travel & Funtime

Fun&-leasuir_English

The Travel & Leisure Industry and the Event Production business saw the birth of a new phenomenon, when Classic Travel partnered with Showbiz veteran Imran Saibo of Funtime, to launch Classic Funtime. The brainchild of Saif Yusoof, Managing Director of ...

Read More »

EKKO launched Online Flagship Store

EKKo_english

EL Holdings, the designer, manufacturer and distributor of EKKO established in 2013 under the ownership of Lalantha and Erosha Watudura, gave the media and a select gathering of Corporates, Garment Industry heads and Sportsmen a glimpse of casual chic men’s ...

Read More »

Fashion Bug launches Tourist Guide Privilege Card

Fashion-Bug_english

Once again popular retail clothing chain Fashion Bug, has initiated a scheme which is bound to further build up their customer base; in this case a Tourist Guide Privilege Card . As one of Sri Lanka’s largest retail clothing chains, ...

Read More »

Japan’s largest bank to fund $ 1 b road projects

Zambia-road-connecting-Tanzania.

Japan’s largest bank Tokyo-Mitsubishi UFJ will fund a $ 1 billion project to build the third phase of the central expressway and an elevated road connecting the Kelaniya Bridge to Rajagiriya. Cabinet approval was given on Wednesday for the Government ...

Read More »

import tax on sugar reduced from midnight

ayanthaKK_english

The Ministry of Finance announced import tax on sugar has been reduced from midnight tonight,. The Finance Ministry said that the import tax on sugar has been reduced by Rs. 29.75 per kilogram meanwhile the new tax will be 25 ...

Read More »

16 essential goods maximum retail prices gazetted

Essential_DC

Secretary to the Ministry of Commerce and Industry T M K B Tennakoon announced that maximum retail prices of sixteen essential goods will be gazetted today, . The Consumer Affairs Authority will take action against traders who sell these items ...

Read More »

DSL joins hands with World’s No: 07 tire brand – Hankook

DSl_DC

The world’s seventh largest tire brand – Hankook, has proclaimed the official partnership with Douglas & Sons (Pvt) Ltd, and The Grand Launch of Hankook Tire in Sri Lanka was held at The Kingsbury, Colombo on 08th July 2016. This ...

Read More »

Mackwoods Majority Shareholders Win Court Battle Against Dr. Chris Nonis

Three-directors_DC

In what seemed to the second most significant derivative action since the Companies Act no 7of 2007 came in to effect, the majority shareholders (holding more than 60% share holding) of Mackwoods Securities (Private) Ltd, the holding company of Mackwoods ...

Read More »

NGJA & Tourist Police investigates on fake Gem sales

investigation

Chairman and Chief Executive Officer of the National Gem and Jewellery Authority (NGJA), Asanka Sanjeewa Welagedara said that the buyers, especially foreign buyers, should request for a detailed certificate when deciding on making a purchase of an expensive gem or ...

Read More »