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Going fast and going low: Emerging central banks keep cutting rates in June

(Reuters) – Emerging market central banks accelerated interest rate cuts in June, with policymakers rushing to trim benchmarks as major central banks including the U.S. Federal Reserve and the...

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MG Jeep bonanza from Wasana Trading for 100 early birds

Wasana Trading Lanka (Pvt) Ltd which boasts of a track record of over 27 years in the motor field in Sri Lanka offers 100 SUV type  MG jeeps with a 5 year guarantee and a spare part undertaking with...

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Sri Lanka moves to Upper-Middle Income category

Sri Lanka has moved up to the upper-middle income category from lower-middle income category under the World Bank’s new country classification by income level. According to the new revision which was...

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Business confidence makes a comeback amid persisting concerns on the policy...

Business Sentiment – The Index Regains Its Footing Sri Lanka continues to be gripped by uncertainty in the aftermath of the Easter Sunday mayhem, which was followed by ugly scenes of persecution by...

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Cabinet approval for US$50 million cable car project in Nuwara Eliya

Cabinet of ministers had given approval for a cable car project in Nuwara Eliya targeting local and foreign visitors.   The project, which will add a new dimension to the attractions in Nuwara Eliya...

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Ceylon Chamber Calls for More Transparency on SOFA & MCC

The Ceylon Chamber of commerce today ( July 3) expressed its concern with regard to the increasing levels of speculation among its Membership and society at large on the consequences surrounding the...

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Toyota Lanka rewards top performing dealers at Bandaragama Karting Circuit

Toyota Lanka (Pvt) Ltd, the sole authorized dealer for Toyota vehicles and spare parts in Sri Lanka recently held its annual dealer convention at the Bandaragama Karting Circuit. The event was held to...

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Nawaloka Hospitals marks Poson Poya day with Bakthi Gee

Sri Lankan healthcare leader Nawaloka Hospitals PLC officially observed Poson Poya day by conducting an evening of Poson Bakthi Gee within the hospital’s premises this past Sunday. Poson full moon...

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Fairfirst Insurance to make personal accident insurance more ‘personal’

The concept of Personal Accident Insurance has been in existence for decades. In fact, it has been available for so long that no one really made a breakthrough in the insurance clutter. As time went...

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SAYERLACK by JAT rewards its loyal customers

With millions of satisfied customers worldwide, the world’s number one wood coating brand Sayerlack has taken the construction and wood coating industry in Sri Lanka by storm providing innovative and...

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Horana Plantations PLC ploughs forward with intensive crop diversification...

Sri Lanka’s Regional Plantation Companies (RPCs) have typically been associated primarily with tea and rubber, and to a lesser extent, spices like cinnamon. Over the recent past however, both of the...

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HNB Finance successfully concludes IQ Master 2019

~ Udara Sampath Kulasooriya from Head Office Branch crowned winner at the grand finale  Sri Lanka’s leading financial services provider, HNB Finance announced the conclusion of the third consecutive...

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Sri Lanka shares touch near 9-week closing high; rupee gains

Reuters – Sri Lankan shares ended firmer for a fourth straight session on Wednesday, hitting their highest close in near nine weeks, while the rupee edged up on banks’ dollar sales, market sources...

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Samsung Galaxy A80: The World’s First Rotating Triple Camera with 48 Megapixels

Pre-Order the Galaxy A80 from 10th – 21st July and receive a JBL GO 2 Bluetooth speaker free Wednesday, 03 July 2019, Colombo: Samsung Sri Lanka reveals the new Galaxy A80, the World’s First Rotating...

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ComBank receives ‘Best Bank in Sri Lanka’ award for 9th time from FinanceAsia

The Commercial Bank of Ceylon recently received the coveted Best Bank of the Year in Sri Lanka award for the ninth time at the prestigious FinanceAsia Country Awards gala. At the event held in St....

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Encouraged by Lonely Planet’s travel endorsement – PM

Prime Minister Ranil Wickremesinghe yesterday (3) noted that the continuing endorsement of Sri Lanka as the world’s best travel destination for 2019 by Lonely Planet is a great strength for the...

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Sri Lankan Airline’s to save Rs.75mn annual cost by shifting its corporate...

The Board and Management of SriLankan Airlines have taken a decision to relocate all its corporate offices in the World Trade Centre to its main operational hub in Katunayake. “It is business as usual...

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Actions will be taken against unrelated retail stores infringing ‘Food City’...

The chairman of Cargills Ceylon PLC Louis Page says that the company will continue to take action against unrelated retail stores infringing ‘food city’ trademark. “Cargills Food City is the only...

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Sri Lanka shares surge as govt flags projects; rupee steady

(Reuters) – Sri Lankan shares ended firmer on Thursday, touching their highest intraday gain in more than eight months, a day after the government launched a $2.2 billion Japanese-funded project,...

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AIA Real Rewards – now in its fifth year

AIA Insurance’s renowned customer rewards programme, Real Rewards, celebrated its fifth consecutive year as 15 lucky winners for 2019 Q1 won overseas trip packages for two. Initiated in 2014, the...

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