Licensed Banks Adopt Basel III Capital Standards to Strengthen Resilience
Commencing 01 July 2017, licensed banks in Sri Lanka will adopt minimum capital standards based on the Direction issued by the Central Bank of Sri Lanka in late 2016. This Direction is in line with the...
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Sri Lanka signs ground-breaking agreement for Asia’s tallest tower
The World Capital Centre (WCC) signed a US$ 2 billion investment agreement with the Board Of Investment (BOI) recently, for the much hyped and long awaited tallest building in the Asian region and the...
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The Steuart by Citrus prepares for best birthday celebration ever
Drop in at The Steuart on 5th July and get a whopping 50% off on all food and selected beverages of our menu All set to celebrate the birthday of the country’s most charming business boutique hotel –...
View ArticleElectronic device ban fully lifted on flights from Abu Dhabi to the United...
“We welcome the decision by the US Department of Homeland Security to lift the electronic devices ban on flights between Abu Dhabi and the United States, following the successful validation of security...
View ArticleNations Trust Bank Launches Digital Lifestyle Partner App
FriMi, a digital lifestyle partner, powered by Nations Trust Bank, was officially launched recently at ODEL, Colombo 07 and is a next-generation electronic payment, banking and marketing platform that...
View ArticleSri Lanka Economic Summit 2017 to Discuss the Importance of ‘Walking the...
The Importance of Sri Lankan businesses aligning its growth plans with greener practices to help develop a ‘sustainable era,’ will be discussed intensely at the upcoming Sri Lanka Economic Summit 2017....
View ArticleSri Lanka aims to promote “Ceylon tea” in Africa
COLOMBO, July 3 (Xinhua) — The Sri Lankan Foreign Ministry on Monday said it hoped to promote the island’s popular “Ceylon Tea” in Africa with local tea companies participating in the annual South...
View ArticleJICA signs Two Grant Agreements for a value of 470 million JPY
Two Grant Agreements were signed on 30th June, 2017 for a value of 470 million Japanese yen (equivalent to approx. 640 million LKR) between Dr. R. Samaratunga, Secretary to Ministry of Finance and Mass...
View ArticleSri Lankan shares slip from 18-month high; John Keells drags
Reuters – Sri Lankan stocks ended slightly weaker on Monday, down from an 18-month high hit in the previous session, as investors sold blue chip shares such as John Keells Holdings Plc, brokers said....
View ArticleAn agreement signed to recruit Sri Lankans as Geriatric Care Nurses
Secretary to the Ministry of Foreign Employment G.S. Withanage and Dr. Götz Schmidt-Bremme, Ambassador for the 2017-2018 Global Forum on Migration and Development (GFMD) Co-Chairmanship of Germany on...
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Admiral Dr. Jayanath Colombage of Pathfinder Foundation Awarded a Guest...
Admiral Dr. Jayanath Colombage, who is the director of the Center for Indo-Lanka relations of the Pathfinder foundation, was awarded a “Guest Professorship” by the President of Sichuan University. The...
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PickMe partners with LOLC Life Assurance to offer life insurance cover to its...
PickMe, Sri Lanka’s leading taxi-hailing app, has partnered with LOLC Life Assurance – a fully-owned subsidiary of Lanka ORIX Leasing Company PLC – to provide a valuable life insurance solution to its...
View ArticlePreethi Jayawardena takes over the helm of SLID as Shiromal Cooray completes...
The Sri Lanka Institute of Directors (SLID) held their Annual Membership Meeting (AMM) recently with over 85 members present at this momentous evening when the leadership of the Institute changed...
View Article2017 Mercedes-Benz GLA to be launched in India tomorrow
Mercedes-Benz will launch the 2017 GLA for the Indian market tomorrow i.e 5 July, 2017. The updated crossover vehicle will host cosmetic and interior updates however the mechanicals are expected to be...
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Perceived Economic Opportunity PEO: April, 2017
Expectation On Ability To Save And Business Performance Increses Despite The Downward Trend Of Expectation For Reduction Of Corruption Status Of Job Prospects Or Business Performance Analysis of the...
View ArticleDIMO introduces the newest edition of the legendary Mercedes-Benz SL
Mercedes-Benz enthusiasts in Sri Lanka now have theopportunity to be infatuated all over again. The iconic two-door Mercedes-Benz sports coupe – SL is back again with its newest generation. As an...
View ArticleGovt. ready to facilitate an export friendly economic policy: Finance Minister
A delegation of representatives from the Japanese Chamber of Commerce and Industry in Sri Lanka, accompanied by the Japanese Ambassador to Sri Lanka, Kenichi Suganuma, called on the Minister of...
View ArticleGalle Face Hotel celebrates 150 years of Ceylon Tea
The iconic Galle Face Hotel is bustling with excitement with preparations to celebrate 150 years of Ceylon Tea on 6th July. The Colombo Tea Traders’ Association (CTTA), along with the Sri Lanka Tea...
View ArticleCICT voted Best Container Terminal in Asia under 4 million TEUs
Beats terminals in China, South Korea, Thailand, Indonesia and Philippines to win coveted AFLAS award The CMPort managed Colombo International Container Terminals (CICT), the only deep water terminal...
View ArticleIndian Government’s top economic adviser to deliver the keynote address at...
Dr. Arvind Subramanian, the Chief Economic Adviser of the Government of India will attend as the keynote speaker of the Sri Lanka Economic Summit 2017 inaugural session. Subramanian, a Dennis...
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