Central Bank Director Economic Research says: Tax increases inevitable in...
Tax increases as well as changes in the tax regime are to be inevitable as the government faces a future of slow economic growth and decreasing government revenue. The UN Economic and Social Survey of...
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All Share Price Index crosses 6,500 mark
The All Share Price Index of the Colombo Stock Exchange (CSE) crossed the 6,500 mark moving up 58 points today as Sri Lanka reached as agreement with the International Monetary Fund (IMF) for USD 1.5...
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Diviyata Disne rekindles entrepreneurial spirit of homemakers in Anuradhapura
Taking the first step in their quest for greater financial independence, innumerable women from across Anuradhapura took part in the Vim Diviyata Disne exhibition held at the Walisinghe Harischandra...
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EWIS Empowers UoM Department of Computer Science and Engineering with R&D Center
Sri Lanka’s only local Original Device Manufacturer (ODM), E-W Information Systems Ltd launched a fully equipped Research and Development Centre at the University of Moratuwa. The EWIS-UoM Computer...
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WCIC will once again recognize outstanding businesswomen at the ‘Woman...
Women’s Chamber of Industry and Commerce (WCIC) once again will lend voice to amplify the good work that women in businesses are doing in the Country when it hosts the prestigious ‘Woman Entrepreneur...
View ArticleIMF Reaches Staff Level Agreement with Sri Lanka on Three-Year $1.5 Billion EFF
Following discussions held between IMF staff and the Sri Lankan authorities during the 2016 Spring Meetings in Washington, staff-level agreement was reached on a three-year program to be supported by...
View ArticleSri Lankan rupee rises after IMF loan announcement
Sentiment on the Sri Lankan rupee improved on Friday, as reflected in the forwards market, after the country signed a $1.5 billion, three-year loan agreement with the International Monetary Fund....
View ArticleSri Lanka shares hit over 15-week closing high on IMF loan
Sri Lankan shares closed more than 1 percent up on Friday, trading in high volumes after the International Monetary Fund said it had reached a staff-level agreement with the island nation for a $1.5...
View ArticleMadhawa Madawala of TV Derana wins award for Most Influential Brand Leader
Chief Operations Officer/Executive Director of TV Derana Madhawa Madawala was awarded the Most Influential Brand Leader award at the World Brand Congress held in Kuala Lumpur, Malaysia recently. The...
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JCI launches BIZMEET 2016 to promote ethical business practices
Junior Chamber International (JCI) Sri Lanka announced the inauguration of BIZMEET 2016, Sri Lanka’s first ever professional networking events aimed at promoting consistently ethical business practices...
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Sri Lankan teachers from the Ministry of Education participate in Microsoft’s...
Sri Lankan educators were given an opportunity to interact with their peers from around the world and experience firsthand how technology can be utilized in successful ways to help students learn...
View ArticleMunchee Extends Hands to Trinity College Rugby
Munchee, the flagship brand of Ceylon Biscuits Limited (CBL), Sri Lanka’s largest Fast Moving Consumer Goods (FMCG) conglomerate also a regular sponsor of school level sports in Sri Lanka, has taken...
View ArticleLowe Sri Lanka Crowned Agency of the Year at Effies
Lowe Sri Lanka was recognized as the ‘Most Effective Agency of the Year’ on the back of its impressive awards tally at the Effie Awards ceremony held recently. The ceremony, which was held at the...
View ArticleSri Lanka National Chamber hosts B2B meetings with Czech delegation
A Czech business delegation will be in Sri Lanka this week to hold business-to-business meetings with the Sri Lankan business community. The National Chamber of Commerce in association with the Embassy...
View ArticleSri Lanka sets up panel to investigate ‘Panama Papers’
Cash-strapped Sri Lanka announced on Sunday (May 1) it was setting up a special panel to chase after nationals likely to figure in the “Panama Papers,” a trove of leaked documents on global tax...
View ArticleDebt-ridden Sri Lanka snuggles up to China again at India’s expense
NEW DELHI: India is hoping to host Sri Lankan President Maithripala Sirisena this month for a multi-religious event at Ujjain which will be inaugurated by PM Narendra Modi. The visit by Sirisena, if it...
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Ceylinco Life hosts children from every district at ‘Ran Daru Charika 3’
More than 300 children from every district of Sri Lanka, each accompanied by a parent or guardian, embarked on an educational tour of places of interest in Colombo recently courtesy of Ceylinco Life....
View ArticleEmirates launches A380 operations to two new cities in East and West
Taipei and Prague join over 40 destinations served by Emirates’ iconic A380 Emirates has expanded the network of destinations served by its flagship A380 aircraft with the launch of new scheduled A380...
View ArticleHuawei Y6Pro – Long Lasting with Quick and Reverse Charging
One of the only phones of its kind that lasts two days of heavy use Huawei Consumer Business Group today reveals the Huawei Y6Pro, one of the only phones on the market that can last for days of heavy...
View ArticleBren Security Holds Annual Awards Ceremony For Security Officers
Bren Security (Pvt) Ltd, a member of the global security giant Securitas AB of Sweden, held it’s annual Sinhala & Tamil New Year Function and Awards ceremony in the presence of a distinguished...
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