Business News

The Würth Group, the top German company and the world's market leader in its core business - the trade in assembly and fastening materials, reported that its worldwide revenue exceeded Eur 11.05 Billion in the year 2015 (2014: Eur 10.13 Billion) which displays a healthy global growth of 9.0 percent YoY.

Bringing to light a significant sporting feat in the form of the ‘Jeep Wrangler’ TSD RALLY CHAMPIONSHIP 2016 to Sri Lanka’s motor sports calendar, the Sri Lanka Association of Racing Drivers and Riders (SLARDAR) and Colombo Motor Sports Club (CMSC) are set to initiate the country’s first ever rough terrain rally which will bring on board skilled drivers from around the country to take part in this mega sporting spectacle.

Japan’s PLUS Corporation, one of the world’s leading stationery suppliers, made its Sri Lanka debut with a collection of innovative products led by its universally popular correction tape, which, at 83 million pieces in 2015, is the best-selling product worldwide in its category.

Emirates has reaffirmed its commitment to Sri Lanka by introducing an additional daily service between Dubai and Colombo.

Taking their expansion plans to yet another location; global workplace provider Regus launched its newest and sixth business centre at Level 12, Parkland Building, No 33, Park Street, Colombo 02 recently.

Automotive enthusiasts are in for a long-awaited treat, as American muscle cars are made available for purchase for the very first time at Cars@Duplication with online viewing exclusively available on Carmudi.lk.

IRCON going on 7 years in Sri Lanka

Saturday, 30 January 2016 10:57

IRCON International Limited, a Government of India Undertaking, under the Ministry of Indian Railways, will shortly complete 7 years in Sri Lanka in March 2016.

The Commercial Bank of Ceylon has enhanced its presence in the Biyagama area with the opening of a supermarket banking unit at the Laugfs Supermarket at 328 A, New Kandy Road, Delgoda.

The Huawei Consumer Business Group globally launched the Huawei Mate 8 smartphone, a productivity-driven device with significantly enhanced power, efficiency and battery life.

The Citrus Leisure Group announced a revenue of Rs. 323 million for the third quarter of 2015/16 ending 31st December 2015, a 66% growth compared to the corresponding quarter in 2014/15.