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Government allocates Rs. 166 million so far for flood victims

Government has granted Rs. 166 million as flood and landslide relief to the affected districts to be utilized for the displaced people by 2nd June, Disaster Management Center (DMC) sources said. This...

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MCB Bank declares open its upgraded Wellawatte branch

With its strategy to provide customers a state-of-the-art banking experience, the fast growing Pakistan-based MCB Bank declared open their newly refurbished and renovated Wellawatte branch on 26th May,...

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Intex Technologies Partners with Sri Lankan Behemoth, Softlogic Communications

Eyes Major Share in the Country’s Mobiles Business   In an effort to become a force to reckon with in the Sri Lankan market, Intex Technologies, a leading Indian mobile handset and consumer durables...

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New Module on Conflict Transformation in Universities from 2018

The Office for National Unity and Reconciliation (ONUR), chaired by former president Chandrika Kumaratunga, in partnership with University Grants Commission (UGC) has introduced a new subject on...

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SLT Becomes the First Telco to Successfully Field Test Pre-5G LTE Advanced...

Sri Lanka’s No.1 ICT solutions provider and the licensed national backbone network operator, Sri Lanka Telecom, together with Huawei Technologies, has successfully carried out South Asia’s first...

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Rise Of Inflation And Other Negative Factors Has Decreses The Economic...

Perceived Economic Opportunity PEO: March, 2017   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women...

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Global stocks fall, oil up amid rising rift in Gulf region

Global stock markets were generally weaker Monday as an increasing diplomatic rift in the Gulf region unnerved investors and sent oil prices higher. Stocks in Qatar sank after four Arab nations cut...

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Emirates, Etihad, Flydubai and Air Arabia to suspend Qatar flights from Tuesday

All major UAE airlines including Emirates, Etihad, flydubai and Air Arabia will suspend flights to and from Doha from Tuesday morning, they announced on Monday, as the rift between the GCC states...

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Emirates statement on flights to Qatar

As instructed by the UAE government, Emirates will suspend its flights to and from Doha, starting from the morning of 6 June 2017, until further notice. The last flight from Dubai to Doha will depart...

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Nokia together with Mobitel launches the latest smartphone range in Sri Lanka

The beautifully crafted Nokia smartphone range and the Nokia 3310 officially launched in Sri Lanka exclusively with Mobitel Nokia 6, Nokia 5, and Nokia 3 – delivering the latest pure Android experience...

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Global Economic Prospects: South Asia Region

Growth in the South Asia region has picked up in 2017. In India, recent data indicate an acceleration in growth, with an easing of cash shortages and a rise in exports. An increase in government...

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INSEE Cement Connects People To Nature to mark World Environment Day

An initiative in partnership with Biodiversity Sri Lanka and University of Colombo   Launch of the Coffee table book titled, “To Our Planet with Respect” Powered by INSEE Cement   Sri Lanka’s premier...

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LankaPay Technnovation Awards 2017 kicks off

LankaClear (Pvt) Ltd, the operator of LankaPay – Sri Lanka’s National Payment Network, in a ground breaking initiative has organized LankaPay Technnovation Awards 2017 – Sri Lanka’s first and the only...

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Commercial Bank marks World Environment Day with pledge of support to WNPS...

Undertakes 3-year commitment to grow pioneer species in section of Diyakotha Kanda on Sinharaja boundary   The Commercial Bank of Ceylon is to partner with the Wildlife and Nature Protection Society...

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Emirates showcases environment friendly aircraft cleaning technique

On the occasion of World Environment Day, Emirates is showcasing an environmentally friendly aircraft cleaning technique that has enabled the airline to save millions of litres of water every year....

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Korean Government approved USD 200 million for Kandy Tunnel

The Ministry of Strategy and Finance of Korea approved USD 200 million for Kandy tunnel construction project.   The project comprises of 4 tunnels with a total length of 5.5km from Suduhumpola to...

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New SLPA Chairman assumes duties

Dr. Parakrama Dissanayake appointed as the new Chairman of the Sri Lanka Port Authority (SLPA) assumed duties recently. The appointment was given by the Minister of Port and Shipping Mahinda...

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Some Sri Lankan Banks Stop Buying Qatar Riyal

COLOMBO — Some Sri Lankan banks stopped buying Qatar Riyal on Tuesday, saying their counterpart banks in Singapore advised them not to accept the currency a day after the Arab world’s biggest powers...

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Nations Trust Bank Aluthgama branch has moved to a new, spacious and...

Nations Trust Bank’s Branch at Aluthgama has moved to a new, spacious and convenient location at No. 411, Galle Road, Aluthgama. The new branch boasts the full range of Nations Trust Bank’s products...

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CSE to include non-voting shares in Index Market Cap calculation

The Colombo Stock Exchange (CSE) announces the inclusion of non-voting shares which are listed and traded on the exchange in its Index Market Capitalization (IMC) calculation. Including non-voting...

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