SL Development Bonds issue oversubscribed to over US$ 294 million
The issue of Sri Lanka Development Bonds (SLDBs) for US$ 75 million has been oversubscribed with total bids received amounting to US$ 294.15 million, the Central Bank said on Friday (19). The Central...
View ArticleConfident Group to Sponsor Sri Lanka’s T20 WC Team
KOCHI: The Confident Group will sponsor the Men’s and Women’s cricket teams of Sri Lanka for the ICC Twenty-20 World Cup – 2016, to be held in India during the March-April period. Speaking at a press...
View ArticleMore power to CAA Act to protect consumers
The Consumer Affairs Authority (CAA) Act will be amended aiming to protect consumers and to punish errant traders who fleece the consumers, CAA revealed. According to the CAA, the final draft of the...
View ArticleSriLankan Airlines reversing plans to discontinue or reduce European flights
Sri Lanka’s national carrier, SriLankan Airlines reversing earlier plans to discontinue or reduce flights to key European destinations, has decided to continue the flights to those destinations, except...
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OPPO Camera Phone introduces F1, “The Selfie Expert” to Sri Lanka
The 18th of February 2016 saw OPPO Camera Phone hosting a press conference at the hotel, Galadari, with the sole purpose of announcing the arrival of the brand new F1, the first of OPPO’s latest F...
View ArticleBobcat Partners with Walkers Equipment in Sri Lanka
Walkers Equipment Limited which commenced operation in early 2015 has been appointed as an Authorized Distributor for Bobcat in Sri Lanka. Walkers Equipment markets the complete Bobcat product...
View ArticleWorld Moto keeps on rolling with Sri Lankan MoU
The wheels of tech firm World Moto (OTC: FARE) just keep turning as the firm said it was now set to roll out its ground-breaking motorcycle meter product in Sri Lanka. The firm has inked a memorandum...
View Articleikman.lk’s rapid expansion prompts relocation to heart of Colombo
ikman.lk, Sri Lanka’s largest marketplace, recently announced that it has relocated its office to a larger and more spacious building situated in the heart of Colombo, in order to house its ever...
View ArticleWireless charging is finally coming to the Tesla Model S, thanks to an...
Aside from range anxiety, remembering to plug your car in might be the worst part of EV ownership. Thankfully, that might soon be a concern of the past for the Model S thanks to Plugless, an...
View ArticleAnimal Welfare Bill approved by Cabinet
Sri Lanka’s first monumental step towards the protection of its animals says Otara Foundation The Otara Foundation has welcomed the approval of the Animal Welfare Bill by the Cabinet of Ministers as a...
View ArticleToday’s demand for human resources is totally different: Dr. Sunil Jayantha...
The demand for human resources for current needs is hugely different to the compatibility of what was needed during the 20th Century, said Dr. Sunil Jayantha Navaratne while joining Ada Derana Biz 24X7...
View ArticleADB to Help Sri Lanka Expand Colombo Port Operations Using PPP
The Asian Development Bank (ADB) and the Sri Lanka Ports Authority (SLPA) today signed a transaction advisory services agreement to develop the East Container Terminal (ECT) of Colombo Port through...
View ArticleInnovative Auctions to Channel Funds to Small Sri Lanka Firms
The Asian Development Bank (ADB) will provide $100 million through innovative bank auctions to help channel more funds to smaller Sri Lankan firms that struggle to access the finance they need to grow....
View ArticleADB President Announces Scaled-Up Support for Sri Lanka to Over $2 Billion...
Asian Development Bank (ADB) President Takehiko Nakao today met with Sri Lanka’s President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe, and Finance Minister Ravi Karunanayake, and...
View ArticleInflation in January 2016
Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics, decreased to -0.7 per cent in January 2016...
View ArticleTellippalai Mahajana College representing Jaffna at Tokyo Cement Super Quiz...
The historic, 106-year-old Tellippalai Mahajana College recently beat out 17 other secondary schools to win the Jaffna district leg of the Tokyo Cement Super Quiz Season 3. Commenting on his school’s...
View ArticleThumbs-up for PickMe’s Women Drivers
While women taxi drivers are a rare sight on our city roads, PickMe, Sri Lanka’s latest solution to hailing taxis through one’s mobile device, has taken the initiative to create job opportunities for...
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Marco Pierre White handpicks winner of Cinnamon- HSBC cook-off challenge
The long awaited Cinnamon -HSBC Marco Pierre White Challenge powered by Knorr concluded on a high recently, with celebrity chef and Judge of MasterChef Australia, Marco Pierre White judging the...
View ArticleSLT Campus initiates Presidential Scholarship Scheme
Colombo Sri Lanka- Sri Lanka Technological Campus (SLTC) initiated its “Presidential Scholarship” scheme as a corporate responsibility initiative under the patronage of His Excellency President...
View ArticleSadaharitha reiterates need to preserve Wallapatta
Wallapatta is scientifically classified as a sub-canopy tree growing in our wet zone forests. It creates a scarce resin called Agarwood in its core due to a reaction to a fungal infection or any other...
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