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Sri Lankan shares hit 10-mth closing low ahead of cbank rate review

Reuters – Feb 6 Sri Lankan shares fell on Monday to an over 10-month closing low, dragged down by beverage and banking stocks, as investors awaited cues from the central bank’s monetary policy review...

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India says its free trade agreement with Sri Lanka would benefit future...

The High Commissioner of India to Sri Lanka Taranjit Singh Sandhu says that the signing of the proposed free trade agreement between India and Sri Lanka would empower the ongoing development activities...

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Monetary Policy Review: No. 1 – 2017

Contributed by both food and non-food inflation, headline inflation, as measured by the year-on-year change in the Colombo Consumers’ Price Index (CCPI, 2013=100), increased to 5.5 per cent in January...

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Japanese consortium to invest 15 Mn USD in 10 Mw Solar Power Plant to meet...

~ Investment to reach 150Mn USD as project expands to 100Mw   A multi-million dollar project for the establishment of a Solar Power Plant in Sri Lanka is underway with investment from three prestigious...

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Record increase in January tourist arrivals to Sri Lanka

Records indicate that 219,360 tourist have arrived in Sri Lanka during January 2017. According to the latest data released by Sri Lanka Tourism Development Authority, when compared against the 194,280...

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Auxenta’s Assetminder bags International Innovation Award in Ireland

Assetminder, an ingenious fleet maintenance and workshop management solution developed by Auxenta Inc. (Auxenta), won the prestigious Innovation Award at Ireland’s Fleet Transport Awards 2017 held in...

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Siyapatha Finance relocates branch in Negombo

Sampath Bank’s largest fully owned subsidiary , Siyapatha Finance ceremonially relocated their Negombo branch ; located at No. 187 Thaladuwa Road , Negombo; to a more convenient fully fledged branch at...

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Choose Financial Independence on February 4th, advises NDB Wealth

Having marked Sri Lanka’s Independence Day, it’s time to start preparing for your own financial independence. Meaning different things to different people, financial independence can, for example,...

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Celebrate Valentine’s Day in style at the iconic Galle Face Hotel

Galle Face Hotel is all set to celebrate Valentine’s Day this year, with an array of exciting offers for a memorable romantic experience. The hotel, embodying a graceful blend of colonial and modern...

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Sri Lanka rupee weaker on bank dollar buying; stocks up

Reuters – Feb 8 The Sri Lankan rupee traded weaker on Wednesday due to dollar demand from banks to facilitate continuous exit of foreign investors from government securities amid importer demand for...

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Diversion of PIA flight with SriLankan operating crew

Pakistan International Airlines flight PK757 on 7th February 2017, an A330-300 aircraft wet-leased from SriLankan Airlines with a SriLankan Airlines operating crew, was en route from Lahore, Pakistan...

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Sri Lanka – Thailand Business Council holds talks in Thailand

The Sri Lanka – Thailand Business Council visited Thailand from the 1st – 4th of February for B2B meetings and Bi-lateral talks with their Thai counterparts. The 11 Member high-powered business...

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Raising a billion is not impossible – CB Governor

The Governor of the Central Bank, Dr. Indrajit Coomaraswamy stated that the Central Banks main aim would be do reach and maintain a real effective exchange rate at Rs. 100. During a press conference...

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Amãna Bank rewards students who excelled at Grade 5 Scholarship Exams

Amãna Bank recently rewarded its Children’s Savings Account holders who performed exceptionally well at the Grade 5 Scholarship Examinations 2016. Over 100 students who surpassed the respective cut-off...

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Celebrate ‘A Month of Love’ at Cocoon Resort & Villas Induruwa

Amidst all the hype building up for Valentine’s Day, premier luxury boutique resort Cocoon Resort & Villas is doing things different by asking a very important question. Why celebrate Valentine’s...

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Take a Walk Down ‘Lover’s Lane’ at Waters Edge

This Valentine’s Day, enjoy a stroll down ‘Lover’s Lane’ at your favourite suburban hotel Waters Edge. Celebrate “love” all throughout the week with a galore of activities catered to rekindle an old...

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Launch of ‘Inward Bound – for Mindfulness as an Executive Capability’

How do you collaborate the spirituality of meditation with corporate management? Deepal Sooriyaarachchi’s latest book Inward Bound explores how the currently ‘military-sounding’ business environment...

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ACL wins double awards at SLIM NASCO 2016

~ ACL Cables Sales Personnel Triumph at SLIM NASCO 2016 ACL Cables PLC, Sri Lanka’s No. 1 cable manufacturer clinched two awards at the National Sales Congress (NASCO) organized by Sri Lanka Institute...

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Ceylinco Life draws Grand Prize winners at 10th ‘Family Savari’ mega promo

‘Oh to be in England’ could be the refrain that some lucky policyholders of Ceylinco Life will soon be singing when they learn that they are the winners of the grand prize in the 10th edition of the...

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Emirates sets standards for on-board medical care

Flight diversions due to inflight medical emergencies make up a tiny portion of the millions of flights operated annually, but it is costly for airlines. With more people traveling by air, the actual...

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