Business News

With the end of a three decade civil war and the doors now opened for brands and businesses in a wide range of industries, Jaffna is considered to be amongst the most lucrative destinations today in Sri Lanka and the peninsula held its Jaffna International Trade Fair (JITF) for the sixth consecutive year for which Industrial Asphalts PLC (IAC) was a proud sponsor.

ETA Melco, the global giant of providing end-to-end solutions for vertical transportation requirement, is holding its fourth global business strategic meeting this year in Sri Lanka.

Regus Sri Lanka, the local arm of the global flexible workplace provider, is making waves with their unique product named Businessworld, focusing on mobile workers and currently serving over a million customers worldwide.

Capitalising on its position in the Asian market, Australia’s foremost CPM and BI solutions provider announces plans to further support Sri Lankan companies in achieving strategy execution.

Creating a winning opportunity ‘Every Minute’, the national mobile service provider Mobitel, recently announced the extension of the popular Cash Bonanza Draw to another rewarding year by offering an outstanding Rs. 230 Million as prizes in recognition of their valued customers.

Newly appointed Governor of the Central Bank of Sri Lanka Mr Arjuna Mahendran assumed duties in his new post on Monday, the 26th of January 2015 at the Governor’s office in Colombo.

Significant changes to categories were revealed when entries to Cannes Lions 2015 opened yesterday.

First Capital Treasuries Limited, a Primary Dealer licensed and appointed by the Central Bank of Sri Lanka and a subsidiary of First Capital Holdings PLC, has announced that it intends to issue Subordinated, Unsecured, Redeemable Debentures with a principal value of LKR. 500 million maturing in Five Years and bearing an interest rate of 9.5% per annum payable annually.

Huawei's 2014 sales revenue is expected to reach CNY287-289 billion; annual R&D investment exceeds CNY39.5-40.5 billion.

The world renowned sports brand adidas recently introduced its state-of-the-art range of Energy Boost running shoes for fitness enthusiasts in Sri Lanka.