Business and economics news
Indian Government’s top economic adviser to deliver the keynote address at the Sri Lanka Economic Summit 2017

Dr. Arvind Subramanian, the Chief Economic Adviser of the Government of India will attend as the keynote speaker of the Sri Lanka Economic Summit 2017 inaugural session.

Subramanian, a Dennis Weatherstone Senior Fellow at the Peterson Institute for International Economics and Senior Fellow at the Centre for Global Development will speak at the inaugural session of Summit, which will be held on the 25th and 26th July, 2017 at the Cinnamon Grand Hotel Colombo.

The renowned economist who was named as one of the world's top 100 global thinkers in 2011 by the Foreign Policy magazine has served as the assistant director in the Research Department of the International Monetary Fund and also served at the GATT, during the Uruguay Round of trade negotiations. He has also taught in both the Harvard University's Kennedy School of Government and at Johns Hopkins' School for Advanced International Studies.

CICT voted Best Container Terminal in Asia under 4 million TEUs

The CMPort managed Colombo International Container Terminals (CICT), the only deep water terminal in the Port of Colombo, has been voted the Best Container Terminal (under 4 million TEUs) in Asia at the prestigious Asian Freight, Logistics and Supply Chain (AFLAS) Awards hosted and organised by Asia Cargo News.

To win the coveted award, CICT competed with the top eight shortlisted terminals in the category, attracting worldwide attention to the capacity, capability and service levels it offers global shipping lines calling on Colombo.

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DIMO introduces the newest edition of the legendary Mercedes-Benz SL

Mercedes-Benz enthusiasts in Sri Lanka now have theopportunity to be infatuated all over again. The iconic two-door Mercedes-Benz sports coupe – SL is back again with its newest generation. As an automotive icon the Mercedes-Benz SL blends accomplished motoring at the highest level with exquisite style. Manufactured virtually completely from aluminium, the roadster also sets the standards in the category of luxurious roadsters with its numerous technical innovations. Not forgetting that the SL is entirely suitable for everyday use thanks to its retractable vario-roof. This makes it the all-rounder amongst sports cars.

The all new Mercedes-Benz SLwas launched recently at the Mercedes-Trophy Sri Lanka Country Finals 2017 held at Shangri-La’s Hambantota Resort & Spa. The SL-Class has been Mercedes Benz's longest and most prestigious icon. Born as a vehicle inspired by the W194 race car, the first ‘sport lightweight' Mercedes-Benz SL introduced in 1954 was noted for its gullwing doors and the first use of fuel injection in a production car. Through decades, the SL-Class has existed as a two-door coupe as well as a convertible.

The Mercedes-Benz SL has been enhanced with a new hard top, which can now be operated at up to speeds of 40 km/h when starting off. Extensively technical and visually optimized SL comes to you with a more powerful engine, 9G-TRONIC automatic transmission, DYNAMIC SELECT with five transmission modes and Active Body Control with the curve tilting function. Another surprise that awaits you is the revised front of the vehicle that has the unique diamond radiator grille extending downwards. The new appearance is also complimented with the new standard-fit LED Intelligent Light System with headlamp housing extending far to the outside. The sporty silhouette is emphasised by the enlarged cosmetic air outlets with wing-like chrome inserts and the exterior mirrors positioned on the beltline.

The model comprises the SL 400 with a V6 engine uprated to 270 kW (367 hp) as standard, the power transfer is handled by the new 9G-TRONIC nine-speed automatic transmission. With DYNAMIC SELECT the vehicle characteristics can be adjusted in seconds at the touch of a button, as the system modifies the set-up of the engine, transmission, suspension and steering at the driver's behest.

Safety is at the forefront of all Mercedes-Benz designs. The Mercedes-Benz SL is no different. Similar to its predecessors, the SL features the Active Brake Assist, known as COLLISION PREVENTION ASSIST PLUS. In addition to radar-based proximity warning and braking assistance by Adaptive Brake Assist, this Active Brake Assist system carries out autonomous braking to reduce the dangerof rear-end collisions. For optimum visibility on country roads and motorways, when cornering and on bends, the standard-fit LED Intelligent Light System automatically adapts to all light and driving conditions. The five functions of the LED Intelligent Light System include motorway mode, cornering light function, camera-based active light function, roundabout light function and also the enhanced fog light function. The anti-dazzle continuous high beam comes courtesy of the optional Adaptive High beam Assist Plus. When high beam is switched on, this system always makes the optimum headlamp range available. The driver can concentrate on the traffic and does not have to continually switch between low beam and high beam.

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