Sri Lankan stocks falls for 4th straight session
Reuters – Sri Lankan shares fell for a fourth straight session on Tuesday, posting their lowest close in more than six weeks, on continued worries over 2018 budget policies which imposed taxes on...
View ArticleFitch: Sri Lankan Beer Makers to Regain Market Share with Tax Changes
Sri Lanka’s beer industry will regain market share from hard liquor following a more favourable tax regime for the segment announced in the Sri Lankan government’s budget on 9 November, Fitch Ratings...
View ArticleICTA Hosts ‘e-Swabhimani’ Awards Celebrating Outstanding Digital Innovators...
The ICT Agency of Sri Lanka (ICTA), the apex ICT Institution together with the Ministry of Telecommunications and Digital Infrastructure, announces the launch of the ‘e-Swabhimani Awards 2017’, the...
View ArticleNo rate volatility next year as govt. better prepared – CB
Market interest rates are unlikely to experience volatility through public debt-servicing requirements, as the Central Bank and the Sri Lankan government are better prepared to mange domestic and...
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SLLRDC Officials go on board Port City dredger
A group of officials representing Sri Lanka Land Reclamation and Development Corporation (SLLRDC) made an observational tour on board the Jun Yang 1, Asia’s largest trailing suction hopper dredger...
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Ogilvy PR Sri Lanka’s ‘Uncover the Truth’ campaign ranked 6th best in the world
Wins Gold at the SABRE Global Awards 2017 presented by The Holmes Report The Holmes Report has ranked Ogilvy Public Relations Sri Lanka‘s ‘Uncover the Truth’ campaign for Transparency International...
View ArticleEU GSP delivers a big plus for Lankan apparels
EU GSP Plus has delivered its most prominent success for Sri Lankan exports to-date since its announcement. “As a result of Prime Minister Ranil Wickremesinghe’s efforts on GSP Plus, our apparel...
View ArticlePoultry producers welcome maize import liberalization; increased production,...
The recent budget proposal to allow feed millers to import maize under a special limited quota to meet the shortfall in the local supply was hailed by poultry producers as a strongly positive measure...
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DSI acclaimed Gold Award winners at the International Quality Circles...
Representing Sri Lanka with 2 Quality Circles, the DSI Samson Group emerged as the Gold Award winners at the recently concluded International Quality and Productivity Convention 2017, which was...
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BAIRAHA hands over scholarships to support children of employees
As a trusted brand which has being close to the hearts of consumers for generations, Bairaha in keeping its commitment to support the educational advancement of the future generation handed over four...
View ArticleSri Lankan stocks hit 7-week closing low; John Keells drags
Reuters – Sri Lankan shares fell for a fifth straight session on Wednesday, posting their lowest close in seven weeks, pulled down by market heavyweight John Keells Holdings amid continued worries over...
View ArticleVote of the Budget today at 5 pm
The vote on the second reading of the Budget proposal for fiscal year 2018 is scheduled to be taken up at 5 pm today (16th Nov.) in Parliament. Mass Media and Finance Minister Mangala Samaraweera...
View ArticleCSE to conduct a full day of trading from the Disaster Recovery site
The Colombo Stock Exchange (CSE) is to conduct a planned full day of trading from the Disaster Recovery site using ATS Version 7 Disaster Recovery Solution on Friday 17th November 2017. The exercise...
View ArticleFirst Capital records profit after tax of Rs. 731Mn for the 1st half of 2017/18
First Capital Holdings PLC (the Group) recorded a profit after tax of Rs. 731Mn for the 1st half of 2017/18, a substantial increase compared to Rs. 406Mn in the corresponding period of the previous...
View ArticleNokia 2: two-day battery life on a single charge
Say goodbye to battery rationing HMD Global, the home of Nokia phones, today announced the launch of the Nokia 2. Nokia phones are associated with great battery life; today, we announce a smartphone...
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Shangri-La Hotel, Colombo Ushers In A New Era Of Tourism For Sri Lanka
Combining modern luxury and legendary hospitality with authentic Sri Lankan charm, Shangri-La Hotel, Colombo is a place where the city comes alive, and is set to become an icon for the city of Colombo...
View ArticleCSE tops the ‘Finance, Insurance and Investment’ category at the Great HR Quiz
Two teams representing the Colombo Stock Exchange (CSE) were placed as joint winners in the ‘Finance, Insurance and Investment’ Category at the ‘Great HR Quiz’ organized by the Institute of Personnel...
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Sanjeev Jayaratnam does Sri Lanka proud at Asia Pacific Choir Games
~ Most successful conductor with largest haul of awards Sri Lankan conductor Sanjeev Jayaratnam goes on record as being the most successful conductor at the Asia Pacific Choir Games with his three...
View ArticleSri Lankan shares snap 5 sessions of falls on bargain hunting
Reuters – Sri Lankan shares rose on Thursday after five straight sessions of declines, on bargain hunting in beaten-down stocks and foreign buying. The Colombo stock index ended 0.31 percent firmer at...
View ArticlePrevious duty rate remains to persons who opened LCs prior to Budget
Minister of Finance and Mass Media Mangala Samaraweera further relaxing the policies announced in the Budget – 2018 on the importation of vehicles has also revised the policy on Loan to Value (LTV)...
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