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Disney deal set to value Fox at more than $75 billion: source

Reuters – Walt Disney Co’s (DIS.N) deal to buy film, television and international businesses from Rupert Murdoch’s Twenty-First Century Fox Inc (FOXA.O) will value the latter at over $40 per share, or...

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HNB Grameen Finance Ltd offers best leasing options for 660 cc vehicles

HNB Grameen Finance Ltd recently announced a very attractive leasing   package with superior benefits for both registered and unregistered 660cc vehicles. This promotion    will be valid     for three...

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Sri Lankan stocks hit near 8-month closing low as banks fall

Reuters – Sri Lankan shares fell on Wednesday to their lowest close in nearly eight months as investors sold banking and diversified shares. The Colombo Stock Index fell 0.12 percent to 6,352.77, its...

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Moody’s affirms ratings of three Sri Lankan banks; maintains negative outlook

Singapore, December 13, 2017 — Moody’s Investors Service has affirmed the long-term ratings of three banks in Sri Lanka (B1 negative). The rating actions follow the affirmation of Sri Lanka’s B1...

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‘Signature Stylish Marketer’ empowers tomorrow’s corporate leaders

The ‘Signature Stylish Marketer 2017’ Inter University Fashion Extravaganza will be held for the 8th consecutive year on Thursday 21st December 2017 at the University of Kelaniya. Organised by the...

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Cargills Bank tie-up with MyDeal.lk guarantees greater customer convenience

Cargills Bank recently announced its tie-up with MyDeal.lk, one of Sri Lanka’s leading e-commerce website, to guarantee greater convenience to its growing customer base of online shoppers. The...

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Sampath Credit and Debit Cardholders offered amazing discounts on...

eChannelling PLC, the pioneer and largest doctor channeling network in Sri Lanka, has tied up with SampathCards to offer its Credit and Debit Cardholders massive discounts on eChannelling service fee....

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Buy DSI school shoes and win with DSI Supersport ‘Super Thegi Waare’

~ Stand a chance to win amazing gifts in the New Year DSI Supersport, Sri Lanka’s No. 1 school footwear announced the launch of ‘Super Thegi Waare’ – a great prize draw competition for school children....

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Elephant House shines in first Interbrand ‘Best Sri Lankan Brands’ report

Sri Lanka’s premier food and beverages brand Elephant House was recently recognised as one of the top 20 most valuable Sri Lankan brands by leading international brand consultancy Interbrand. Ranked as...

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Singer achieves Rs. 1 billion sales of Huawei Branded smartphones in November

Singer Sri Lanka, the exclusive national distributor for Huawei smartphones announced that, it surpassed Rs. 1 billion sales of Huawei smartphones for the month of November 2017. The Rupee one billion...

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JAT Holdings could go public in Singapore – MD

The Managing Director of JAT Holdings (Pvt) Ltd, Mr. Aelian Gunawardene, says that the company is ready to go public anytime, but they have opted not to go public in Sri Lanka due to ‘uncertainties’ of...

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Think Big, Start Small with NDB Wealth Money Plus For Kids

With Christmas almost upon us, there is a tendency to spend too much on gifts, which only benefit your children over the very short term. However, with regards to children especially, this festive...

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S&P upgrades DFCC Bank’s Rating Outlook from Negative to Stable; Ratings...

S&P Global Ratings has revised its credit rating outlook for DFCC Bank from negative to stable, while affirming ‘B’ long-term and ‘B’ short-term issuer credit ratings on the bank. In its assessment...

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Sri Lankan stocks little changed near 8-month closing low

Reuters – Sri Lankan shares closed little changed on Thursday, hovering near their lowest close in eight months hit in the previous session, as gains in plantation and beverage stocks offset falls in...

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SLI Motor Plus offers rare opportunity for hybrid car owners

Hybrid vehicle owners got an opportunity recently to get their vehicles inspected by hybrid vehicle experts for free. This was at the Hybrid Car Clinic organised by Sri Lanka Insurance Motor Plus in...

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Exchange defaced currency notes before Dec. 31 – CBSL

The Central Bank of Sri Lanka (CBSL) has drawn attention of the general public for implementation of its Clean Note Policy and regulation on the willfully mutilation, alteration or defacement of Sri...

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ADB grants USD 270 Mn to implement two development projects

The Government of Sri Lanka entered into three Loan Agreements worth of USD 270 million with the Asian Development Bank (ADB) for the implementation of two projects; Integrated Road Investment Program...

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Constituent Changes to the S&P Sri Lanka 20 Index

The Colombo Stock Exchange (CSE) announces the following changes in S&P Sri Lanka 20 index constituents made by S&P Dow Jones Indices at the 2017 year-end index rebalance. A revision of the...

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Russia restricts tea supplies from Sri Lanka after finding beetle

MOSCOW (Reuters) – Russia will place temporary restrictions on imports of all agricultural products from Sri Lanka, including tea, from Dec. 18, the Russian agricultural safety watchdog...

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Vinod Weerasinghe & Taniya Minel Balasuriya Sri Lanka Junior Boys’ & Girls’...

~ Duwarshan wins Boys’ Silver Division, Shanal Binushka Bronze Division winner and Kaya Daluwatte victorious in Copper Division  The Sri Lanka Junior Boys & Girls Golf Championship 2017, sponsored...

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