CA Sri Lanka underscores the need for greater women representation across all...
President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) Mr. Lasantha Wickremasinghe emphasized upon the importance for greater female representation across the country’s public...
View ArticleCB to issue US$150 mn development bonds
Central Bank of Sri Lanka (CBSL) has announced its plans to sell US$ 150 million worth of development bonds to foreign and local investors. According to Public Debt Department of CBSL, these bonds will...
View ArticleFireEye Security CXO Forum 2016
Steve Ledzian, Director of Engineering SEA at FireEye, shared the story of the cyber attack at the Ukraine Power grid and brought it to life for the audience at CIO Forum. Likening it to a movie, the...
View ArticleMatchstix smartphone app set to “ignite the spark” with Airtel in Sri Lanka
Airtel to be the exclusive launch telecommunication partner in Sri Lanka Matchstix, Sri Lanka’s new smartphone app is set to light up the social networking landscape by allowing hundreds and thousands...
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Nuwara Eliya Gears Up For ‘Racing At The Highest Peak’ On 20 March
Over 60 horses will be seen in action when the newly formed Royal Turf Club (RTC) Nuwara Eliya Horse races commence on 20th March from 10 30 a.m. onwards at the redeveloped Nuwara Eliya Race Course....
View ArticleNelson Liu appointed Chairman of CICT, Ray Ren becomes CEO
The Board of Directors of Colombo International Container Terminals Ltd. (CICT) has announced that the company’s first Chief Executive Officer Mr Nelson Liu has been appointed Chairman effective 8th...
View ArticleVolvo Cars appoints new importer and distributor in Sri Lanka
Swedish Cars (Private) Limited to launch Volvo Centre in Q3 2016 Colombo, Sri Lanka. Volvo Car Group from Sweden is one of the world’s most progressive, innovative and exciting premium car brands....
View ArticleIndia’s Micromax, once a rising star, struggles
Reuters – A year ago, Micromax vaulted past Samsung Electronics Co Ltd to become India’s leading smartphone brand. Today, its market share has nearly halved, several top executives have resigned, and...
View ArticleNissan recalls 46,859 Leaf electric cars to fix brakes
Nissan is recalling 46,859 electric cars to fix the brakes. The recall involves the 2013 to 2015 Nissan Leaf electric cars. The Leaf may have brake trouble in extremely cold weather. Nissan told the...
View Article4.5 million tourist arrivals aimed by 2020
Sri Lanka targets 2.2 million tourist arrivals for 2016 and a total of 4.5 million by 2020. According to the Tourism Promotions Bureau, Sri Lanka failed to achieve the two million tourist arrivals...
View ArticleSri Lankan share index falls below key 6,000 support level
Reuters – Sri Lankan share index fell on Monday, snapping a two-session gaining streak as it declined below a key support level of 6,000 points, stockbrokers said. The benchmark share index was down...
View ArticleMeeting between the IMF Chief and the Minister of Finance
Meeting was held between the Finance Minister, Hon. Ravi Karunanayake and the Managing Director of IMF, Mrs. Christine Lagarde in New Delhi, India when the Minister visited India to participate the...
View ArticleKia’s 2016 Rio Sedan arrives in Sri Lanka
The 2016 edition of iconic Korean car maker Kia’s Rio subcompact sedan has arrived in Sri Lanka, the brand’s sole local distributor Kia Motors (Lanka) Ltd. has announced. Another representation of...
View ArticleStatement by IMF Managing Director Christine Lagarde at the Conclusion of the...
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement in New Delhi at the end of the conference on “Advancing Asia: Investing for the Future,”...
View Article5th anniversary Venture Engine launched
The fifth anniversary edition of pioneering local entrepreneurship platform, Venture Engine, was launched recently at the Lankan Angel Network Incubation Centre in Colombo 4, with a large number...
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Dwellings Group launches ILIXIR Apartment Project from Melbourne in Sri Lanka
Dwellings Group continues to assist Sri Lankan investors to diversify their investments to Australia through an initiative in partnership with Oliver Hume Property Funds in Australia. The latest...
View ArticleNo privatisation of SATHOSA, vows Rishad
The state owned LANKA SATHOSA islandwide store chain will continue to remain with the public and shall not be divested, a top Lankan Cabinet Minister vowed on 15 March.Minister of Industry &...
View ArticleSriLankan Airlines helps crackdown on illicit travel through BIA
SriLankan Airlines is playing an increasingly important role in the campaign by government agencies to crack down on illicit travel through Colombo’s Bandaranaike International Airport (BIA) with 230...
View ArticlePower failure halts trading at CSE
Trading at the Colombo Stock Exchange (CSE) temporarily halted due to a sudden power failure at the World Trade Center and recommenced a few minutes ago.
View ArticleTokyo Cement Recommences Import of Clinker from Japan
Tokyo Cement Group, the leader in the construction industry, trusted for decades as a supplier of high quality cement announces the recommencement of importing Clinker from Japan. The raw material in...
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