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...
View ArticleMG 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...
View ArticleSri 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...
View ArticleBusiness 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...
View ArticleCabinet 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...
View ArticleCeylon 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...
View ArticleToyota 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...
View ArticleNawaloka 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...
View ArticleFairfirst 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...
View ArticleSAYERLACK 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...
View ArticleHorana 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...
View ArticleHNB 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...
View ArticleSri 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...
View ArticleSamsung 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...
View ArticleComBank 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....
View ArticleEncouraged 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...
View ArticleSri 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...
View ArticleActions 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...
View ArticleSri 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,...
View ArticleAIA 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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