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Is the rise in VAT a tax on jobs?

In May 2016, the standard rate of value added tax (VAT) jumped from 11% to 15%. The Sri Lankan economy will thus have to adjust to this higher rate but what are some of the possible macroeconomic...

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Sri Lanka’s popular Toyota Prius price races ahead

The prices of vehicle came in for revision with the introduction of a unit tax for every vehicle imported into Sri Lanka. While the prices of certain vehicles have seen a huge increase, the levies...

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Airtel Lanka – one of the first organizations to extend its support towards...

~ Relief given to the people of Kolonnawa, Dematagoda, Meethotamulla and Wellampitiya areas, amidst the height of bad weather Bharti Airtel, a leading global telecommunications company with operations...

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VirtusaPolaris sheds light on big data research

Organised by VirtusaPolaris, the Big Data Meetup aims to bring together people from all industries who are interested in dealing with large amounts of data. The forum allows for lively debate and the...

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SLT Mobitel partners Colombo Dockyard for state-of-the-art vehicle detection...

Sri Lanka’s National Mobile Service Provider SLT Mobitel, has entered into a partnership with Colombo Dockyard PLC to implement a fully-fledged Radio Frequency Identification (RFID)-based Vehicle...

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Resplendent Venues for making memories

~ Havelock City introduces luxurious venues for a multitude of events…   Havelock City, one of Colombo’s premier residential properties and home to Sri Lanka’s largest Clubhouse is introducing three...

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Championing equality at Maxus – Is your organization bridging the gender gap...

By Alvin Gomesz, General Manager, Maxus Sri Lanka: It has never been more imperative to address equality in the workplace. The case for equality in the workplace is backed by moral and social arguments...

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Fresh investment to kick-start new chapter for Quickee

Sri Lanka’s pioneering hyperlocal delivery network, Quickee, is set for unprecedented growth and capacity expansion following the close of its Series A funding round in late 2015 which has accelerated...

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EWIS Peripherals partners EV Points for Innovative Car Charging

Powering the future of electric vehicle charging in Sri Lanka, Sunrise Engineering officially launched one of the worlds most innovative and standardised electric vehicle charging stations in Negombo...

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Pedia Plus launches ‘Gift Galore’ promotion to reward loyal consumers

Rewarding their consumers for years of trust and loyalty Pedia Plus, a premium milk formula specially designed for fussy eating kids aged 1-7 years, launched the ‘Gift Galore’ consumer promotion. The...

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Bavarian Garden brings Authentic German Cuisine to Waters Edge

Waters Edge, the favourite suburban hotel on the outskirts of Colombo will bring authentic German cuisine to tantalize Sri Lankan taste buds as it opens doors to the all-new Bavarian Garden on the 5th...

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Hemas Hospital’s Accident & Emergency unit; when every second counts

Being highly organized…..leaving nothing to chance…..standing by on a 24/7/365 basis have become the watchwords of Hemas Hospital’s Accident and Emergency (A&E) unit. Regardless of the hour of day...

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‘French lace – the story unfolds’

Exhibition at MOD’ART International & Lanka Institute of Fashion Technology Mod’ ART International Sri Lanka in collaboration with Lanka Institute of Fashion Technology (LIFT) present an innovative...

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Building leadership – The UAG way

Union Assurance General Limited (UAG) has identified the Bandarawela and Nuwara Eliya branches as the best performing branches for Q1 and Q2 of 2016 respectively. For Union Assurance General Limited...

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Celebrate Ramadan with Barista’s Special Iftar Offers

Colombo’s favourite coffee house chain Barista Lavazza is introducing a variety of special offers for Iftar during the month of Ramadan. The offers which range from individual meals to family platters...

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EPSI launches world’s smallest PC – ASUS VivoStick PC

Sri Lanka’s pioneering total PC solutions provider EPSI Technology (Pvt) Ltd launched the world’s smallest PC – ASUS VivoStick PC. ASUS announced the international release of ASUS VivoStick on 8th...

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Ministry of Skills Development & Vocational Training and NAITA endorse new SLGTI

For the past 15 years, the National Apprentice and Industrial Training Authority (NAITA) has been training youth to better their lives and livelihoods. Spread across 25 districts with three national...

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Amãna Bank listed in Global Finance’s Innovators Index

Amãna Bank has received recognition from the world renowned ‘Global Finance Magazine’ by being amongst the handful to be listed in the magazine’s ‘The Innovators 2016’ index.  This prestigious...

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Mackwoods majority shareholders win court battle against Dr. Chris Nonis

In what seemed to the second most significant derivative action since the Companies Act no 7of 2007 came in to effect, the majority shareholders (holding more than 60% share holding) of Mackwoods...

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Time and fee concessions for registration of vehicle ownership transfers

The government announced that it is losing a huge amount of revenue due to vehicle’s of which the original ownership has change but are being still used under the earlier owners’ name without their...

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