CAL revolutionizes the bond market with the launch of CALiper – Sri Lanka’s...
Now you can trade government securities on your own terms and directly grow your own wealth Monday, January 08th 2018, Colombo: In an effort to take government securities trading to the future and make...
View ArticleTourist arrivals reach all-time high in last year
Tourist arrivals to Sri Lanka reached an all-time high of 2,116,407 in 2017 according to the latest data released by the Sri Lanka Tourism Development Authority. The arrival figure for 2017 represents...
View ArticleSLTC offers merit-based youth excellence scholarships for Engineering Degree...
The Sri Lanka Technological Campus (SLTC) has introduced a merit-based scholarship programme for Engineering and Technology degrees to students who have excelled in their A/L examinations. The ENTECH...
View ArticleMobitel partners with HMD Global for a mega promotion for the latest Nokia...
One lucky winner will walk away with Rs. 1.5 million and 16 lucky winners will walk away with TVS Apache Motorbikes (2 per week) Sri Lanka’s National Mobile Service Provider, Mobitel has entered into...
View ArticleVirtusa’s Smart ATM Solution Recognized at The International Business Awards
WESTBOROUGH, Mass., – Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, announced that it has been...
View ArticleHNB relocates Nawaloka Hospital Customer Centre to new Specialist Centre
Sri Lanka’s most popular retail bank, HNB PLC announced the relocation of its Nawaloka Hospital customer centre to the 2nd floor of the newly constructed multi-storey Specialist Centre at Nawaloka...
View ArticleSri Lanka to raise $500 mln via bonds, divesting state hotels amid debt
Reuters – Sri Lanka aims to raise $500 million this month via development bonds and is in the process of divesting two state-owned hotels, the central bank and a ministry said on Monday, as the...
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IndiGo soon to operate direct daily flights to Colombo
6E to operate daily flights from Chennai, Bengaluru starting January 20, 2018 Colombo soon to be its 8th international and 49th overall destination on 6E network In its endeavour to expand and...
View ArticleSri Lankan shares climb to near 7-week high; Keells leads
Reuters – Sri Lankan shares rose on Monday to a near seven-week high as blue chip shares such as John Keells Holdings Plc gained, while foreign investors continued to buy the island nation’s risky...
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Quantum brings Quality Fitness to the Hill Capital
Pioneering quality fitness equipment in Sri Lanka, Quantum Fitness has since 1998 continued to grow and evolved in to the premier supplier of state-of-the-art exercise equipment. Further cementing...
View ArticleSultan of Johor Invests in Pharmaceutical Manufacturing Zone in Sri Lanka
US $ 10 million investment in Sri Lanka On 8th January 2018, the State Pharmaceuticals Manufacturing Corporation of Sri Lanka (SPMC) and Pharma Zone (Pvt) Ltd entered into an agreement to build the...
View ArticleLabour demand in Sri Lanka quantified first time
Quantifying the Labour demand of the country was a challenge and it was a long felt need for the policy making on the matters related to the labour demand in the country, says the Department of Census...
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IFC, Central Bank Partner to Create a National Strategy to Spur Financial...
IFC, a member of the World Bank Group, is partnering with the Central Bank of Sri Lanka (CBSL) to develop the country’s first National Financial Inclusion Strategy (NFIS) to promote a more effective...
View ArticleStock Market continues strong start to the year with the second listing of 2018
LVL Energy Fund Limited (LVEF) rang the opening bell to commence trading and celebrate the listing of its shares at the Colombo Stock Exchange (CSE) today. The listing follows a successful Initial...
View ArticleFitch: Sri Lankan Banks to Step up Basel III Tier 2 Issuance
Sri Lankan banks are likely to significantly boost issuance of Basel III-compliant Tier 2 instruments in 2018, says Fitch Ratings. Most banks will need to raise capital to meet higher Basel III...
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Bangladesh’s State Minister of Finance visits HNB
– Has discussions with HNB’s clients having a presence in Bangladesh With Sri Lanka and Bangladesh witnessing deepening bilateral economic cooperation in recent years, particularly in key power and...
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Mabroc Bubble Tea’s quest to infuse new relevance into a timeless favorite
Among the most famous alternative preparations of tea to rise to popularity both globally, and – more recently – locally, is Bubble Tea, a Taiwanese invention from the 1980s that continues to prove a...
View ArticlePickMe partners with University of Moratuwa to foster product innovation
Sri Lanka’s most innovative taxi hailing software provider PickMe, has announced a partnership with the Department of Computer Science and Engineering (CSE) and the newly-established Center for Data...
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Hat-trick of ‘Lifetime Achievement’ Awards for legendary industry...
Respected industry professional, Dr Dan Seevaratnam scored a hat-trick of ‘Lifetime Achievement’ awards, the most recent one being the prestigious “Lifetime Service Award’, by Sri Lanka Tea Board, at...
View ArticleSri Lankan shares slip from near 7-week high on profit-taking
Reuters – Sri Lankan shares ended lower on Tuesday, slipping from a near seven-week high hit in the previous session, as investors booked profits in blue chip stocks, while foreign traders continued...
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