Back to homepage

Business

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

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

🕔08:24, 31.Aug 2012

The leader in pizza delivery, which is set to go for an image makeover in the US market beginning October, will take the new brand identity to all its major international markets, said Richard Allison, executive vice-president, Domino’s Pizza International.

Read Full Article
Sri Lanka upbeat about post-war aviation industry

Sri Lanka upbeat about post-war aviation industry

🕔21:57, 24.Aug 2012

By Easwaran Rutnam COLOMBO, Aug. 24 (Xinhua) — Sri Lanka is upbeat about its post war aviation industry with some major international airlines returning to the country, according to a top Sri Lankan aviation official. In an interview with Xinhua

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

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

🕔23:58, 12.Aug 2012

Homegrown SUV and MPV major Mahindra & Mahindra, which has already beaten Tata Motors in the domestic passenger car market in the market share sweepstake, plans to pip the country’s biggest auto company in Sri Lanka, too, in the next

Read Full Article
Economy on track says CB

Economy on track says CB

🕔15:02, 7.Aug 2012

The Sri Lankan economy is on track to realize its macroeconomic targets despite the worsening global economic conditions, the Sri Lankan Central Bank said on Tuesday. A statement by the bank said that the adverse global conditions are not likely

Read Full Article
Marriott to open a hotel in Weligama

Marriott to open a hotel in Weligama

🕔07:46, 11.Jul 2012

Marriott International has signed an agreement with Weligama Hotel Properties Ltd., a fully owned subsidiary of East West Properties PLC, to open a hotel in Sri Lanka, the Weligama Bay Marriott Resort & Spa 2014 – this will be Marriott’s

Read Full Article
Spizee hits the market

Spizee hits the market

🕔08:20, 10.Jul 2012

Spizee is a new brand of spices to hit the market. This initiative, launched by PDC Holdings looks to give the consumers the very best. Importing ingredients from the spice capital of the world: India, Spizee is produced to seal

Read Full Article
BOI signs agreement to create a world class tourism hub

BOI signs agreement to create a world class tourism hub

🕔15:26, 4.Jul 2012

The Board of Investment of Sri Lanka (BOI) has signed an agreement with tourism developer Katana City Developments (Pvt) Ltd to assess and plan Sri Lanka’s first large scale tourism zone, in the Katana Area, just adjacent to Colombo’s Bandaranaike

Read Full Article
WSO2 Positioned in the “Visionaries” Quadrant

WSO2 Positioned in the “Visionaries” Quadrant

🕔15:46, 28.Jun 2012

WSO2 today announced that it has been positioned by Gartner, Inc. in the “Visionaries” quadrant of three new reports that were published on June 20, 2012: Magic Quadrant for Application Infrastructure for Systematic Application Integration Projects1, Magic Quadrant for Application

Read Full Article
Dialog starts mobile payment service

Dialog starts mobile payment service

🕔22:01, 13.Jun 2012

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 said. “Mobile Money technology will transform the way we transact cash and will enable electronic money

Read Full Article
Nokia emerges leader in Sri Lanka mobile phone market

Nokia emerges leader in Sri Lanka mobile phone market

🕔15:02, 4.Jun 2012

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 Review 2011, June 2012 released on Monday the New Delhi based IT and Telecoms market

Read Full Article
LAUGFS Gas PLC records Rs.1.14 billion profit

LAUGFS Gas PLC records Rs.1.14 billion profit

🕔07:57, 31.May 2012

Laugfs Gas PLC and its subsidiaries once again performed strongly despite a gloomy environment created for its energy sector operations with escalating global LP Gas prices coupled with depreciation of the Sri Lanka Rupee against the US dollar, as Central

Read Full Article
IBM partners with Hatton National Bank

IBM partners with Hatton National Bank

🕔16:43, 29.May 2012

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 (HNB), a leading private sector bank in Sri Lanka. IBM will support HNB with supply and

Read Full Article
Aviva to sell its stake in Sri Lanka

Aviva to sell its stake in Sri Lanka

🕔13:10, 24.May 2012

British insurer Aviva plc is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said on Thursday, as part of a wider retreat from sub-scale Asian markets in a deal that

Read Full Article
Lanka to launch its first telecom satellite

Lanka to launch its first telecom satellite

🕔10:13, 24.May 2012

SupremeSAT (Pvt) Ltd. signed an investment agreement with the Board of Investment yesterday with very ambitious plans to take Sri Lanka into the global space race. With an initial investment of USD 20 Million which will be further increased up

Read Full Article
WSO2 announces tie-up with 5 leading companies

WSO2 announces tie-up with 5 leading companies

🕔20:15, 17.May 2012

WSO2 announced that five leading organisations in Sri Lanka have tied-up with the middleware solutions provider for its innovative applications. With its main operations arm in Sri Lanka, WSO2 delivers the industry’s most comprehensive middleware platforms enabling Service Oriented Architectures (SOA) and

Read Full Article
Sri Lanka plans tea hub, imports from India, China

Sri Lanka plans tea hub, imports from India, China

🕔08:29, 17.May 2012

Sri Lanka’s tea exporters are lobbying for liberalized imports to expand the industry and make it into a tea hub by blending high quality tea from China, India and Kenya, an official said. Sri Lanka’s Tea Exporters Association (TEA), whose

Read Full Article
ITC’s Sri Lankan arm acquires land for hospitality project

ITC’s Sri Lankan arm acquires land for hospitality project

🕔22:49, 16.May 2012

Diversified business conglomerate ITC Ltd said its wholly-owned arm in Sri Lanka has acquired land for a mixed-use hospitality project in the island nation. The company that is looking to set a foothold in Sri Lanka also said WelcomHotels Lanka

Read Full Article
CB expects market stability

CB expects market stability

🕔11:30, 13.May 2012

The Central Bank says it expects stability in the domestic foreign exchange market over the next few weeks following a decision to reduce the volume of imports. Exchange rates have been on shaky ground so far this year after the

Read Full Article
WSO2 to present workshop in Sri Lanka

WSO2 to present workshop in Sri Lanka

🕔17:24, 2.May 2012

WSO2 Technology Executives Will Lead a Workshop on May 16, to Explore Real-World Use Cases for Addressing Top IT Challenges with the WSO2 Carbon Middleware Platform Enterprise architects and developers aim to build secure, reliable, and high-performance solutions that incorporate

Read Full Article
Germany gives Rs. 6.5 million to empower grassroots projects

Germany gives Rs. 6.5 million to empower grassroots projects

🕔08:05, 23.Apr 2012

The German Embassy funded four micro-projects worth Rs. 6.5 million to uplift the livelihoods of people in different parts of the island. The annual micro projects scheme of the German Foreign office aims to empower grassroots organisations that work for

Read Full Article
Facebook Page Loading...