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Commercial Bank’s ‘e-Passbook’ wins Gold in Mumbai

Adjudged ‘Most Admired Customer Engaged Mobile App’ at 2017 ACEF Awards   One year after it was launched, Commercial Bank’s ground-breaking mobile app ‘e-Passbook’ has won a prestigious international...

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“Rapoo Revolution” in Sri Lanka

Rapoo, a highly dominant manufacturer of wireless IT peripherals, showcases their products by means of a dealer convention in Sri Lanka for the first time through their sole authorized distributor...

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Moscow invites SL for Russia’s Davos

Sri Lanka has been given a fresh opportunity to showcase its investment and export portfolios to the emerging markets as well as the huge Russian region through a premier global Forum, dubbed as...

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First stock of Octopus ready for export

Chairman of the Indian Ocean (Pvt.) Ltd. affiliated to the South Korean company, Dejin which is responsible for the Korea-Sri Lanka joint programme of Octopus Harvesting Soo – Yong- Shin recently...

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Ramping up local entrepreneurship at the second John Keells X Open Innovation...

Sri Lankan entrepreneurship is geared to hit the fast-track at the second annual John Keells X Open Innovation Challenge 2017, as teams of aspiring innovators and inventors compete for a chance to win...

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Changes to the Board of Directors of Dunamis Capital PLC and its listed...

The Executive Chairperson of Dunamis Capital PLC and its listed subsidiaries First Capital Holdings PLC and Kelsey Developments PLC, Mrs. Manjula Mathews has retired from her post with effect 30th...

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Sri Lankan shares end flat; foreign investors turn sellers

Reuters – Sri Lankan shares were largely unchanged in thin trading, near an 11-month high on Tuesday, as foreign investors turned net sellers for the first time in 26 sessions while blue chips saw...

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Must use GSP Plus period as ‘breathing space’ rather than ‘comfort zone’

The Ceylon Chamber of Commerce is encouraged by the prospects of regaining the GSP Plus trade preferences and is hopeful that the final vote at the EU Council of Ministers will be favorable. The...

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Sri Lanka Investment Business Conclave: Foreign investors keen on thrust...

Foreign Investors, already registered to take part in the upcoming ‘Sri Lanka Investment and Business Conclave 2017’ has shown interest in the areas of Agriculture, Export Manufacturing, Infrastructure...

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Transparency in Government Securities Market Further Improves

The Central Bank on 26.04.2017 mandated the primary dealers and licensed banks to use the Bloomberg electronic bond trading platform to trade repurchase transactions (repos) in government securities....

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Sri Lankan shares fall on profit-taking in large caps

Reuters – Sri Lankan shares fell on Wednesday, retreating further from a near 11-month closing high hit on Friday, as investors booked profits in large caps such as Ceylon Tobacco Co Plc and...

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German Tea Association to Support Ceylon Tea Promotional Campaign

The Chairman of the German Tea Association Jochen Spethmann during his meeting with Ambassador Karunathilaka Amunugama, assured his Association’s fullest cooperation in promoting Ceylon tea in Germany...

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Westports keen to participate in Sri Lankan port project

KUALA LUMPUR: Westports Holdings Bhd has confirmed that it is keen to participate in the Hayleys PLC-led consortium bidding to complete the construction of Colombo Port’s East Container Terminal in Sri...

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Land dispute delays Sri Lanka tire plant

LONDON — Plans to build a car tire plant in Sri Lanka have become bogged down in a fight over the sale of land for the $78 million project. The proposed plant was unveiled in January by Nandana...

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IMF Reaches Staff-Level Agreement on the Second Review of Sri Lanka’s...

The staff-level agreement is subject to the completion of a prior action by the authorities and the approval of the IMF Executive Board, which is expected to be considered in June 2017 The new Inland...

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Bogawantalawa – World’s first tea company to achieve Carbon Neutral...

Bogawantalawa Tea Estates PLC, renowned for its outstanding quality of tea grown in the ‘Golden Valley’ nestling in the central hills, is perhaps the world’s first tea growing, manufacturing and...

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Darin to Captain Sri Lanka team

Sri Lankan Power Lifting Champion and Asian Power Lifting Bronze Medalist Darin Weerasinghe has been selected to Captain the Sri Lanka Power Lifting Team while Ransilu Jayathilake will be Vice Captain...

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Ray Abeywardena appointed as the New Chairman at CSE

The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Mr. Ray Abeywardena as the Chairman of the Board of Directors of the CSE with effect from 5th May 2017. Mr. Abeywardena...

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RIL Property Limited makes CSE trading debut

RIL Property Limited (RIL) rang the opening bell to commence trading and celebrate the listing of its shares on the Colombo Stock Exchange (CSE) today. RIL is an owner, developer and manager of Grade...

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Sri Lankan shrs gain; IMF may consider loan review request

Reuters – Sri Lankan shares ended firmer on Thursday, helped by foreign buying in blue chips, after the International Monetary Fund said it may consider the country’s request for a second loan review....

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