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Thursday, 30 August 2012


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Minor, Hemas Groups to invest Rs 2.6 b in Kalutara

Minor Hotel Group one of the biggest hotel chains in Asia in partnership with Hemas Group would invest over Rs. 2.6 billion to refurbish and build two hotels in Kalutara. The management had already invested around Rs. 550 million to refurbish Avani Kalutara, formally known as Kani Lanka and also Hotel Sinbad.

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UK’s neolight to enter Sri Lankan market

One of the leading lighting consultant companies in the world, neolight would be opening one of their officers in Sri Lanka from October. Alan Mitchell, Managing Director of the company speaking to Daily News Business said that that the Sri Lankan life style is changing and companies and hotels are looking at novel ways to enhance their products to attract customers.

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SEC Chairman emphasizes to implement Section 12 of Act

Newly elected Chairman Dr Nalaka Godahewa has specifically emphasized to implement Section 12 of the Security and Exchange Commission Act of No 35 of 1987, Acting Director General - Securities and Exchange Commission (SEC) Prof. Harindra Dissa Bandara said.

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Excel World Entertainment Park, formerly known as Excel World has re opened with a new look. A fully owned subsidiary of Browns Investments PLC, the venue offers host of entertainment including an EAP- Excel Cinema- with a seating capacity for 80 is already screening films. In addition to a well orchestrated entertainment package, facilities for indoor sports and dining have been upgraded and additional facilities included. It also provides a 200+ hassle free parking facility in the spacious premises covering over five acres. The entire park is covered with CCTV cameras’ for the safety and security of the customers. Here children enjoying the luxury of the facility.

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