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BMICH remembers its founder on International Women’s Day

The S.W.R.D. Bandaranaike National Memorial Foundation (BMICH) joined the world community recently in celebrating International Women’s Day, and its 2017 theme “Be Bold For Change”. To mark this...

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Inflation in February 2017

Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics, increased to 8.2 per cent in February 2017...

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CB Governor meets the Ambassador of the USA to Sri Lanka

The Ambassador of the USA to Sri Lanka, His Excellency Atul Keshap paid a courtesy call on the Governor, Central Bank of Sri Lanka, Dr Indrajit Coomaraswamy on Tuesday, 21st March 2017 in the Office...

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COMBANK named Best Bank in Sri Lanka for 18th time by Global Finance

The Commercial Bank of Ceylon has been named Sri Lanka’s Best Bank in 2017 by USA-based Global Finance, giving the Bank its third international accolade in as many months. Just released by the...

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Lubricant players concerned over the Increase in Duty and Taxes on Synthetic...

The recent steep rise in duty and tax imposed by the government on synthetic lubricants effective mid-November is causing alarm in the market, as lubricant suppliers are now starting to pass on the...

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‘Tea-licious’ Treats at Waters Edge

The British tradition of High Tea began in the mid-1700s as an afternoon meal usually served between 3 and 4 o’clock. It was a meal taken standing up or sitting on tall stools, thus ‘high’. Tea was...

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Celebrating Good France at Waters Edge

French cuisine dates back to the 14th century and since then has been an integral part of how the world eats. So much so that in November 2010, French gastronomy was added by the UNESCO to its lists of...

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Dusit Thani Sri Lanka Investors’ Forum London 2017

London: Dusit Thani Sri Lanka co-hosted ‘Dusit Thani Sri Lanka Investors’ Forum London 2017” at The Grange City Hotel, London along with Real – Estate Intelligence Unit (RIU) the premier research and...

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The Ceylon Chamber marks 178 years of service to the nation

The Ceylon Chamber of Commerce, Sri Lanka’s premier Business Chamber will complete 178 years of service to the nation on the 25th March, 2017, marking yet another achievement for an organization, which...

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HNB Salutes the Indomitable Spirit and Dedication of ‘Women Power’ On...

Sri Lanka’s leading private sector commercial bank, HNB PLC hosted a special event saluting the dedication and determination of the Bank’s female staff and felicitating a group of loyal  customers...

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Dhammika Perera takes over as Chairman of Lanka Ceramics, Lanka Walltiles

Prominent Sri Lankan entrepreneur and a member of the Board of Directors of Lanka Ceramics PLC and Lanka Walltiles PLC, has been appointed as the Chairman of both entities with effect from 15 March,...

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Aditya Resort recognized by Tripadvisor for 5th consecutive year

Renowned for ensuring each guest experiences seductive bliss, the Aditya Resort was recently recognized in three categories by internationally recognized travel review site Tripadvisor. This years win...

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Prestige service becomes No.1 in Asia

Prestige Automobile (Pvt.) Limited, the sole importer and distributor for BMW, MINI and latest BMW i vehicles in Sri Lanka, won two major awards inclusive of the award for ‘Best Customer Satisfaction...

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AIA Appoints David Beckham as its Global Ambassador

AIA teams up with David Beckham to help people live longer, healthier, better lives   AIA Group Limited (“AIA” or the “Company”; stock code: 1299), the largest independent publicly listed pan-Asian...

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Sri Lankan shares fall to 1-yr closing low, rate review in focus

Reuters – Sri Lankan shares fell for a second straight session on Thursday to a more than one-year closing low as expectations of an interest rate hike continued to drag down the market ahead of the...

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CB hikes policy rates by 25 bp

The Monetary Board decided to increase the key policy interest rates of the Central Bank, namely the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) by 25 basis...

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Despite IMF urgings, we work according to our needs, says Central Bank Governor

The Central Bank of Sri Lanka’s (CBSL) Monetary Board decided to increase the policy interest rates today (24 March) not due to any pressures from the International Monetary Fund (IMF), said CBSL...

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USD 400 million this year through Hambantota harbor deal

The Hambantota harbor transaction would make a huge positive impact on the economy of Sri Lanka, said Central Bank of Sri Lanka (CBSL) Governor Dr. Indrajit Coomaraswamy during a media conference today...

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India International Textiles Expo 2017 in Colombo

India International Textiles Expo (IITExpo) – 2017 and Buyer Seller Meet organized by the Power loom Development and Export Promotion Council (PDEXCIL) India, will be held on 27th and 28th March  at...

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VirtusaPolaris Continues Investment in Talent with Future Architects Program

Following the success of its inaugural Future Architects program, VirtusaPolaris recently inducted the second batch of potential architects in its core practice. As the breadth and depth of knowledge...

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