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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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...