Galaxy S3 takes No. 1 position in smartphone market

Samsung Electronics' Galaxy S3 became the world's best-selling smartphone model last quarter, pushing aside Apple Inc's iPhone, which has dominated the chart for more...

Microsoft Windows 8 makes its debut in Sri Lanka

Microsoft Technology Roadshow, an event to showcase the latest in technological innovations that’s sweeping the world, was used as the platform on which the...

Dish TV plans to invest in Sri Lankan subsidiary

Dish TV, India's largest direct-to-home (DTH) company, is eyeing expansion in neighbourhood countries and is preparing to capitalise its Sri Lanka subsidiary. Dish TV is...

Petronas mulls exploring off Sri Lanka shores

PETROLIAM Nasional Bhd (Petronas) is considering oil well explorations off the shores of Sri Lanka, possibly near the Palk Straits and the Mannar Basin...

IBM PureSystems and new System x M4 unveiled in Sri Lanka

IBM (NYSE: IBM) launched Expert Integrated Systems in Sri Lanka to help organizations achieve greater agility, efficiency, simplicity and control, with a seamless and...

India announces greater market access for Sri Lanka in Garment Sector

The Government of India has accepted the Sri Lankan request for relaxation in the requirement of fabric sourcing for 5 million pieces of Ready...

Japan to issue Sri Lanka commemorative coin

Japan will produce a commemorative coin with a face value of 1,000 Sri Lankan rupees (around ¥600) to mark the 60th anniversary of the...

Domino’s to drop ‘Pizza’ in global re-branding

The leader in pizza delivery, which is set to go for an image makeover in the US market beginning October, will take the new...

Sri Lanka upbeat about post-war aviation industry

By Easwaran Rutnam COLOMBO, Aug. 24 (Xinhua) -- Sri Lanka is upbeat about its post war aviation industry with some major international airlines returning to...

After India, Mahindra plans to beat Tata Motors in Sri Lanka

Homegrown SUV and MPV major Mahindra & Mahindra, which has already beaten Tata Motors in the domestic passenger car market in the market share...

Economy on track says CB

The Sri Lankan economy is on track to realize its macroeconomic targets despite the worsening global economic conditions, the Sri Lankan Central Bank said...

Marriott to open a hotel in Weligama

Marriott International has signed an agreement with Weligama Hotel Properties Ltd., a fully owned subsidiary of East West Properties PLC, to open a hotel...

Spizee hits the market

Spizee is a new brand of spices to hit the market. This initiative, launched by PDC Holdings looks to give the consumers the very...

BOI signs agreement to create a world class tourism hub

The Board of Investment of Sri Lanka (BOI) has signed an agreement with tourism developer Katana City Developments (Pvt) Ltd to assess and plan...

WSO2 Positioned in the “Visionaries” Quadrant

WSO2 today announced that it has been positioned by Gartner, Inc. in the “Visionaries” quadrant of three new reports that were published on June...

Dialog starts mobile payment service

Dialog Axiata had launched a mobile payment service through which its 7.5 million customers can send and receive money through a 'virtual wallet', officials...

Nokia emerges leader in Sri Lanka mobile phone market

The Sri Lanka mobile phones market recorded sales of over 2 million units in CY 2011, CyberMedia Research. In its Sri Lanka Mobile Handsets Market...

LAUGFS Gas PLC records Rs.1.14 billion profit

Laugfs Gas PLC and its subsidiaries once again performed strongly despite a gloomy environment created for its energy sector operations with escalating global LP...

IBM partners with Hatton National Bank

As IBM (NYSE:IBM) marks its 50 year presence in Sri Lanka this year, the global technology giant announced its partnership with Hatton National Bank...

Aviva to sell its stake in Sri Lanka

British insurer Aviva plc is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said...