Posted on 18 May 2012.
The first ever advertising agency in South Asia to become carbon neutral, BBDO Lanka launched the first mechanical air cleaning billboard at Waters Edge Battaramulla yesterday.
Speaking to media Managing Director BBDO Lanka Santosh Menon said that this idea has the potential to revolutionize the scope of environmental conservation which filters certain harmful content from the surrounding air, purifies it and releases back to the environment.
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Posted on 18 May 2012.
Turning a new chapter in Sri Lanka’s duty free industry, "World Duty Free," (WDF)which comes under the management of Autogrill Lanka Limited, a subsidiary of World Duty Free Group was ceremonially opened at the Bandaranaike International Airport (BIA)yesterday in the presence of Airport and Aviation Services (Sri Lanka) Limited Chairman Prasanna Wickramasuriya and World Duty Free Group International Operation Director Pedro Castro. World Duty Free was earlier named as Autogrill Lanka Limited.
Italian Based Autogrill company, a world’s leading food, beverages and retail services provider brought over three international duty free operators namely, World Duty Free, Aldeasa and Alfa and combined these three companies by establishing the "World Duty Free" brand name. World Duty Free, is also on the look out to open another store at the Mattala International Airport in Hambantota. Autogrill Lanka Limited, Marketing Manager Chaminda Weerathunga told Daily News Business.
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Posted on 18 May 2012.
The much awaited Boat Show Sri Lanka 2012 the boating industry’s premier exhibition will be launched today at the BMICH in Colombo. The show will end on May 20.
Among the objectives of the Boat Show will be to create awareness regarding the industry, both locally and internationally. There will be many international participants from the region as well as other parts of the globe, Boat Building Technology Improvement Institute Managing Director Gamini B. Herath told Daily News Business.
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Posted on 18 May 2012.
Lanka Hydraulic Institute Ltd (LHI) signed a MoU with a Dubai based firm, Arab Experts Engineering Consultants recently (AREX), to collaborate with Gulf Cooperation Council (GCC) countries in the field of designs.
LHI CEO, H. N. R. Perera told Daily News Business that LHI hopes to expand its area in terms of coastal protection, port and fishery harbour, water supply and sewerage projects, in GCC countries namely UAE, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain.
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Posted on 18 May 2012.
The Sri Lankan ICT industry has been eventful in the recent past due to surging local customer demand for ICT related products. The increased knowledge in ICT among urban consumers have created a need to explore the many options IT offers prior to making an IT purchase.
Sri Lanka is expected to sell 650,000 personnel computers by 2014. Consumers are now aware of the latest IT developments and are also aware of outdated technology. This is clearly shown with the increase in consumer interest and sales of notebooks over desktops over the past year. The demand for ICT related products is far greater than it has ever been,” PCH marketing Head Riswan Anise said.
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Posted on 18 May 2012.
The growth of Singer operations in Sri Lanka have been very impressive and its performance is the best in the region said Singer global Chairman Stephen H. Goodman.
Speaking at the opening of their singer plus show room in Colombo 3 yesterday he said that though this growth slowed last year, its preference was still the best in the region.
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Posted on 17 May 2012.
Tourist arrivals have shown an 18% increase for the first quarter as against the previous year. The total arrivals for the first quarter stood at 330,116. This figure was at 278,959 in 2011 April.
The April arrivals have shown a 9% increase with 69,591 tourists visiting the country last month.
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Posted on 17 May 2012.
Colombo Bourse ended on positive territory yesterday for the third consecutive day with indices recording significant gains. ASI jumped 87.82 points (+1.7%) to 5,213.68 while MPI closed at 4,683.43, a gain of 66.54 points (+1.4%).
The turnover levels reached week high of Rs. 542.5 million. Only 19 counters witnessed price depreciations yesterday.
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Posted on 17 May 2012.
The Singer Worldwide Chairman, Stephen H. Goodman and President and Chief Executive Officer cum Executive Director Gavin Walker will be the special invitees for the opening of the Singer Mega showroom in Colombo 3 at 10 am today morning.
GoodmanWalker
Goodman was appointed director and chairman of the company in July 2003. Since September 2000, he has been the chairman, president and chief executive officer of Retail Holdings N.V. From the beginning of 1998 through that date, he was a director, president and chief executive officer of Old Singer. Prior to joining Old Singer, Goodman was a Managing Director of Bankers Trust Company.
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Posted on 17 May 2012.
India’s rupee hit a record low against the dollar on Wednesday and stocks fell nearly two percent, as uncertainty over the eurozone debt crisis and weak domestic indicators hit Asia’s third-largest economy.
The Indian unit fell to 54.43 rupees to the dollar in early afternoon, breaching its previous intraday lifetime low of 54.30 struck on December 15.
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