Highest foreign direct investments to Sri Lanka in 2017 from China

The highest Foreign Direct Investment (FDI) into Sri Lanka in 2017 came from China, Sri Lanka’s Board of Investment (BOI) said in a statement. The BOI said that FDI into Sri Lanka grew to over US$1.63bn in 2017, doubling from the US$802m achieved the previous year. The BOI, the agency tasked with promoting and facilitating [...]

Amagi Aria joins hands with Illy Coffee and PMD Tea

This year, Negombo’s hidden secret, Amagi Aria has taken on a unique scope of food and beverage offerings for local and foreign guests, commencing with the recent induction of partnerships withCeccato Colombo(Illy Coffee) and P.M. David Silva & Sons. “Ceccato Colombo Pvt Ltd is a BOI company which was established in 2001 with a 100% [...]

CIC wins National Award for Most Innovative Agriculture Research Work

CIC Holdings PLC was adjudged the winner of the most innovative research in Non-Plantation Agriculture sector by the Sri Lanka Council for Agricultural Research Policy (SLCARP) at a ceremony held at Institute of Policy Studies (IPS) Colombo recently. The awarding ceremony followed a competition organized by the SLCARP in a bid to recognize exceptional contributions [...]

A trio of formulas to complement The Body Shop bath rituals this new year

The Body Shop in Colombo is ringing in the New Year with brand new bath and body formulas to complement three ultimate shower routines. Find and indulge in the products- Tahitian Tiara Body Wash, Balkan Juniper Bath and Shower Gel, and Adriatic Peony Bath and Shower Cream- by visiting The Body Shop’s flagship store at [...]

MullenLowe and Quantum to Reveal Top 10 Consumer Trends for 2018 at CIM Talking Points

Leading integrated communications agency MullenLowe Sri Lanka and premier consumer behaviour specialists company Quantum Consumer Services are set to present a list of key consumer trends that marketers should look out for in 2018 at the CIM “Talking Point” forum to be held on the 29th of January at the Hilton Colombo Residences (JAIC Hilton). [...]

Mastercard leads conversations at Digital and Innovation Workshop

Mastercard hosted over 210 senior representatives from banking, financial services and retail, as well as other key stakeholders at the inaugural Digital & Innovation Workshop held at The Hilton, Colombo recently.The event is part of Mastercard’s ongoing efforts to support banks and other stakeholders in consumer payments in formulating digital and payments strategies. Welcoming partners’ [...]

Browns shines at National Business Excellence Awards 2017

Brown and Company PLC (Browns) emerged Runners Up under the Trading category at the National Business Excellence Awards 2017, hosted by the National Chamber of Commerce. The 14th Edition of the National Business Excellence Awards, which recognizes corporates who have excelled in business, was held on December 13that the Hilton, Colombo. Browns Group Chief Financial [...]

Offloading of a semi-submersible oil rig in Sri Lanka completed

Hayleys Energy Services, the pioneer in Oil and Gas support services in Sri Lanka, announced that it had successfully completed the offloading of the Semi-Submersible oil rig Olinda Star at the Trincomalee Port Anchorage recently. This deep-water rig is capable of drilling at water depths of up to 3,600 feet and has a drilling depth [...]

KTI opens Farlin Baby Store at Ninewells Hospital

Kiddies & Toys International (KTI), Sri Lanka’s leading distributor of premium mother and childcare brands, in partnership with Ninewells Hospital recently unveiled their latest showroom Farlin Baby Store by Cool Kidz at the hospital for easy access by new families. Designed specifically to meet the needs of pregnant mothers and infants, the exclusive showroom brings [...]

Virtusa’s Smart ATM solution recognized at International Business Awards

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, announced thatit has been awarded a Bronze Stevie Award at The 2017 International Business Awards for Best New FinTech Product or Service of the Yearfor the company’s Smart ATM solution,a unique thin client application.Virtusa’s Smart [...]


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