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...
View ArticleInflation 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...
View ArticleCB 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...
View ArticleCOMBANK 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...
View ArticleLubricant 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...
View Article‘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...
View ArticleCelebrating 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...
View ArticleDusit 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...
View ArticleThe 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...
View ArticleHNB 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...
View ArticleDhammika 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,...
View ArticleAditya 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...
View ArticlePrestige 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...
View ArticleAIA 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...
View ArticleSri 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...
View ArticleCB 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...
View ArticleDespite 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...
View ArticleUSD 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...
View ArticleIndia 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...
View ArticleVirtusaPolaris 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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