Pan Asia Bank: Preferred partner for vehicle permit holders

Views - 9 Friday, 14 June 2019 00:00

The strengthening of the rupee led to the removal of restrictions on opening of Letter of Credits (LCs) for importation of motor vehicles under permits on concessionary terms from 1 May. Although many financial entities compete for this segment of th

Kangaroo Cabs celebrates 30th anniversary

Views - 12 Friday, 14 June 2019 00:00

The pioneer in shaping the cab service industry and also the giant service provider in Sri Lanka, Kangaroo Cabs recently celebrated its 30th anniversary ceremonially of introducing fully-electric cabs to their fleet in line with the ‘Go Green’ co

‘PickMe Bike’ launched in Colombo

Views - 11 Friday, 14 June 2019 00:00

Sri Lanka’s own and most innovative mobility technology solutions provider PickMe on its successful fourth year, has recently rolled out the newest service offering ‘PickMe Bike’ through their award-winning smartphone app. This feature was laun

Hyundai and Kia to invest in self-driving startup Aurora

Views - 6 Friday, 14 June 2019 00:00

Reuters: Hyundai Motor Co. said on Thursday it would invest in self-driving car software startup Aurora along with Kia Motors Corp to speed up development of autonomous vehicle technologies. “With the new investment, the companies have agreed to ex

Ranjaya Traders marks 10th anniversary of auto trading

Views - 8 Friday, 14 June 2019 00:00

Ranjaya Traders which was launched 10 years ago, ceremonially marked its 10th anniversary recently. Ranjaya Traders, located at No. 226-C, Horana Road, Weedagama, Bandaragama is a leading institution in the island in buying used motorcycles and three

Uber unveils next-generation Volvo self-driving car

Views - 8 Friday, 14 June 2019 00:00

WASHINGTON (Reuters): Uber Technologies Inc. unveiled its newest Volvo self-driving car in Washington on Wednesday as it works to eventually deploy vehicles without drivers under some limited conditions. Uber said the new production XC90 will be asse

Hyundai’s revolutionary IONIQ Hybrid, Grand i10 expand presence to hospitality, transport sectors

Views - 18 Thursday, 6 June 2019 00:51

Hyundai Lanka Ltd., the sole authorised importer and distributor of Hyundai vehicles in Sri Lanka, recently added its IONIQ Hybrid and Grand i10 models to the fleets of Jetwing Travels and Central Finance Company PLC. Lauded as America’s most fuel

MMBL-Pathfinder initiates pilot project in electric mobility using solar power

Views - 28 Thursday, 6 June 2019 00:49

MMBL-Pathfinder recently set up a pilot project in electric mobility powered by solar energy to better understand the challenges and benefits of using these technologies. In the first phase, several electric vehicles and motorcycles will be used to

HNB partners DIMO to promote TATA vehicles and DIMO agri-machinery

Views - 15 Thursday, 6 June 2019 00:47

Sri Lanka’s premier financial institution HNB PLC announced an extension of its long-standing 16 year partnership with Diesel and Motor Engineering PLC (DIMO), to offer the best, most cost-effective leasing solutions on TATA vehicles and DIMO agri-

Tata Motors’ fourth-quarter profit beats, JLR turnaround helps

Views - 15 Wednesday, 29 May 2019 00:20

BENGALURU (Reuters): Tata Motors Ltd.’s fourth-quarter profit fell less than expected on Monday, with the Indian automaker saying tighter control of expenses and a turnaround at its Jaguar Land Rover (JLR) unit helped dull the impact of economic sl

Your every PickMe ride is now insured: A collaboration with George Steuart Insurance Brokers

Views - 14 Wednesday, 29 May 2019 00:20

PickMe, the country’s leading technology based mobility solutions provider, has collaborated with the company’s insurance representative, George Steuart Insurance Brokers to further enhance the value of services offered to passengers and its driv

MBSL Kuliyapitiya ‘Leasing Wahanapola’ concludes successfully

Views - 11 Wednesday, 29 May 2019 00:19

The Merchant Bank of Sri Lanka & Finance PLC (MBSL), affiliated with the Bank of Ceylon, has launched a vehicle sales promotion program named ‘Leasing Wahanapola’. Under this program, MBSL is holding Leasing Wahanapolas in main cities throughout

Croatian town to showcase Mercedes love affair with monument

Views - 7 Wednesday, 29 May 2019 00:17

IMOTSKI, Croatia (Reuters): A town in southern Croatia whose citizens are obsessed with Mercedes-Benz cars plans to build a monument to the German car that symbolises success for its rural inhabitants. About half of the 16,000 registered cars in Imot

Fiat Chrysler and Renault pursue $35 b merger

Views - 10 Wednesday, 29 May 2019 00:16

MILAN/PARIS (Reuters): Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to confront the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker. If it goes ahead, the $

Ideal Motors partners with PickMe to facilitate business opportunities

Views - 15 Monday, 27 May 2019 00:17

PickMe, Sri Lanka’s most successful technology driven transportations network recently entered into a partnership with Ideal Motors (sole authorised dealer and distributor of Mahindra) to strengthen PickMe’s truck fleet. Accordingly, drivers who

Performance, prestige and innovation take centre stage at Ceylon Motor Show 2019

Views - 14 Monday, 27 May 2019 00:15

The biennial Ceylon Motor Show switched off the ignition last month after an extremely successful run. Jointly organised by the Ceylon Motor Traders Association and the Classic Car Club of Ceylon, along with title partner Sri Lanka Insurance Motor Pl

YOUCAB signs MoU with All Island Association to protect the rights of taxi owners and drivers

Views - 289 Monday, 27 May 2019 00:14

YOUCAB, the latest entrant to the e-taxi hailing market, signed a Memorandum of Understanding with the All Island Association to Protect the Rights of Taxi Owners and Drivers (AIAPROD) on 16 May. This event took place in the presence of YOUCAB partn

Capital TRUST Holdings becomes the sole owner of ride-hailing app Taxiya

Views - 19 Monday, 27 May 2019 00:11

Taxiya, a leading ride-hailing service powered by an advanced digital mobile app, is now wholly owned and managed by Capital TRUST Holdings, having recently acquired the entirety of the brand Taxiyak (now Taxiya) and Capital TRUST Mobility Solutions.

’’SLT muve’’ calls for registration of drivers

Views - 173 Thursday, 16 May 2019 00:00

’’SLT muve’’ is a naval smart transport service introduced by Sri Lanka’s pioneering and leading telecommunication leader – Sri Lanka Telecom group. Registration of drivers for this transport service is scheduled to be held from 20 to 27

Nissan flags weakest profit in 11 years as Ghosn woes weigh

Views - 7 Thursday, 16 May 2019 00:00

YOKOHAMA (Reuters): Nissan Motor Co forecast a 28% drop in its annual operating profit, setting it up for the weakest earnings in 11 years and underscoring its struggle to turn the page after the ouster of former Chairman Carlos Ghosn. The lacklustre

CEAT launches five new tyres for motorcycles

Views - 10 Thursday, 16 May 2019 00:00

CEAT Kelani Holdings has added five new motorcycle tyres to its portfolio, under the phased execution of the Company’s investments to double its motorcycle tyre manufacturing capacity in Sri Lanka. The new tyres fit rim sizes 17 and 18 and consist

‘Caltex Havoline Thegi Engima’ mega consumer promotion rewards consumers with gifts worth Rs. 10 m

Views - 7 Thursday, 16 May 2019 00:00

Chevron Lubricants Lanka PLC, the nation’s lubricant market leader, concluded its novel ‘Caltex Havoline Thegi Engima’ mega promotion on a high note with a record number of entries. The ‘Caltex Havoline Thegi Engima’ consumer promotion soug

Yamaha AMW launch new FZ and FZ – S version 3.0 models

Views - 33 Thursday, 16 May 2019 00:00

Associated Motorways Ltd., trailblazers in Sri Lanka’s automotive segment, on Tuesday launched the Yamaha FZ & FZ – S version 3.0 models to the Sri Lankan market. “In Sri Lanka in the 150 cc category the Yamaha FZ brand is the No 1 model when

E-commerce platform launches revolutionary ‘Auction’ feature

Views - 39 Monday, 13 May 2019 00:00

Strengthening its status as a pioneering revolutionary in the e-commerce industry, has initiated yet another first in Sri Lanka with a value addition – a unique site that enables buying, selling and leasing of vehicles through the ingenio

Uber’s market debut sours most anticipated IPO since Facebook

Views - 12 Monday, 13 May 2019 00:00

Reuters: Uber Technologies Inc.’s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fuelling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook I

DPMC launches KTM Duke 125 in Sri Lanka

Views - 31 Monday, 13 May 2019 00:00

The much-awaited Austrian bike brand KTM Duke 125 was launched recently in Sri Lanka by David Pieris Motor Company Ltd. (DPMC) at Battaramulla and Jaffna KTM showrooms as well as dealer points in Matara, Kattankudy and Akkaraipattu. With the introd

Exclusive leasing benefits from Siyapatha Finance in collaboration with Indra Traders

Views - 29 Tuesday, 7 May 2019 00:00

One of Sri Lanka’s leading financial organisations and a catalyst in the automobile industry came together in a partnership that promises immense benefits for customers.

Dialog announces Touch Corporate Transport Card for enterprises

Views - 28 Tuesday, 7 May 2019 00:00

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, introduced an innovative Touch Corporate Transport Card for enterprises, in partnership with Kangaroo Cabs. Expanding on the experience and insights gained in the last seven years with

MBSL unveils its first ‘MBSL Auto Zone’ car sale facility in Makola

Views - 19 Tuesday, 7 May 2019 00:00

Merchant Bank of Sri Lanka and Finance PLC (MBSL), unveiled its first ever ‘MBSL Auto Zone’, a one stop shop to buy/sell vehiclesat 656/2/C, Makola North, Makola.Conceptualised by Acting Chief Executive OfficerJude Gamalath, ‘MBSL Zone’ allow

NDB Leasing in partnership with Ideal Motors

Views - 17 Tuesday, 7 May 2019 00:00

NDB Leasing recently tied up with Ideal Motors to provide customers with reduced lease rentals, attractive discounts and other benefits. NDB Leasing offers competitive interest rates and flexible repayment plans that extend up to seven years. NDB c

Today's Columnists

Is Sri Lanka under the dominance of a powerful cabal?

Saturday, 15 June 2019

There is a saying that “A fish rots from the head”. That is the expression used when a country’s leadership is seen as responsible for violence and unethical behaviour of its supporters and the citizens in general - agitating the majority commu

Behind the scenes

Saturday, 15 June 2019

We see and hear many things happening on the stage. Some we only hear about and do not see. More things are happening without being seen clearly. An observation with extensive view and survey will be the only means of bringing to light the true natur

My way or the Huawei: global battle for 5G dominance and its impact on Sri Lanka

Friday, 14 June 2019

The ongoing battle between the US and the Chinese tech giant Huawei is escalating due to both parties’ eagerness to dominate 5G technology, the next major global technological revolution. It will define the future of the World Wide Web, creating a

Plunder of public property by rulers

Friday, 14 June 2019

While the failure to build the modern nation has been the prime factor that had caused the wretchedness of Sri Lanka, plundering of public property by rulers when they are under their custody can be considered the next vital factor that had exacerbat

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