Sri Lankan shares end marginally lower; T-bill yields hit 4-mth high
Reuters – Sri Lankan shares erased early gains to end marginally lower on Tuesday as yields on short-term government securities rose in a weekly auction amid uncertainty over government’s monetary and...
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Harsha addresses the Public Forum on the “The Indian Ocean”
Dr. Harsha de Silva, Deputy Minister of Foreign Affairs, visited Singapore on 9th January 2017 to address the Public Forum cum Panel Discussion on the theme “The Indian Ocean” organised by the...
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Park Inn by Radisson Arrives in Colombo
Redefining Expectations of the Discerning Business Traveler Park Inn by Radisson®, the star-class hospitality brand marked its entry on the paradise isle at a Ground-breaking ceremony held on Monday,...
View ArticleEPF can buy over all companies in Sri Lanka, says Premier – VIDEO
None of the companies like John Keells, Aitken Spence, Hayleys, Access etc are the wealthiest in Sri Lanka, said Prime Minister Ranil Wickremesinghe. Adding further, the Prime Minister said that the...
View ArticleEuropean Commission proposes increased market access for Sri Lanka as reform...
Removal of customs duties would be accompanied by rigorous monitoring and conditional on continued commitment to sustainable development, human rights and good governance. The European Commission today...
View ArticleFinancial Intelligence Unit of Sri Lanka Entered into a Memorandum of...
In terms of the provisions of the Financial Transactions Reporting Act, No. 6 of 2006 (FTRA), the Financial Intelligence Unit (FIU) of Sri Lanka entered into a Memorandum of Understanding (MOU) with...
View ArticleUnilever Foods Infuses Tea, Fun and Spice into the Fairway Galle Literary...
Literature is replete with descriptions of food or paeans about the importance of food. Even the act of reading is best done with food or drink in hand, after all, and there’s an oft-quoted Virginia...
View ArticleSri Lankan shares end at over 1-wk high amid EU trade concession news
Reuters – Sri Lankan shares ended at their highest in over a week led by market heavyweight John Keells Holdings as speculation over the country regaining a trade concession helped boost sentiment,...
View ArticleSriLankan Airlines ensures high level coordination to facilitate easy passage...
SriLankan Airlines is pleased to note that despite the closure of the runway during the daytime hours from 6th January to 6th April 2017, its services and operations at the Bandaranaike International...
View ArticleEPA accuses Fiat Chrysler of excess diesel emissions
The U.S. Environmental Protection Agency on Thursday accused Fiat Chrysler Automobiles NV of illegally using hidden software that allowed significant excess diesel emissions, the result of a probe that...
View ArticleCentral Bank Governor Dr. Indrajit Coomaraswamy to deliver CA Sri Lanka’s...
Governor of the Central Bank of Sri Lanka Dr. Indrajit Coomaraswamy will deliver the 21st Annual Tax Oration organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) on 19th...
View ArticleSay Hello to New Adventures in 2017 with Emirates
New year, new adventures. Emirates is making it even more attractive for globalistas travelling from Sri Lanka to say “hello” to new destinations and experiences in 2017 with its offer of special fares...
View ArticleFitch Affirms Nine Sri Lankan Banks
Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of the following Sri Lanka-based banks: - National Savings Bank (NSB) at ‘B+’; Outlook Negative - Bank of Ceylon (BOC) at ‘B+’;...
View ArticleDFCC Bank’s branch network further strengthened in the New Year
Six new branches added to the network in January DFCC Bank is adding six new branches to its growing network this month, further strengthening its island-wide presence. Three of the new branches...
View ArticleHayleys unveils Sri Lanka’s largest capacity solar power plant in Welikande
- Solar tracking system of the Plant will ensure a 20% higher yield than a fixed one - Will contribute 22,000 Mega Watt hours of green energy to the national grid - At full...
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HNB positions for greater growth in Kegalle
~ Moves to their very own, state-of-the-art office space Positioning itself to tap greater into the potential of the business boom in Kegalle, HNB has strengthened its presence in the area with the...
View ArticleMobitel Cash Bonanza Montero Extravaganza continues for 2017 to award another...
The National Mobile Service Provider, Mobitel has extended its Cash Bonanza Montero Extravaganza programme for the year 2017 to award another 12 lucky winners with luxury Monteros. Along with the 12...
View ArticleAnother First for UTE Engineering Services
Achieves Official Recognition with ISO 9001:2015 United Tractor & Equipment (Pvt) Limited (UTE), the nation’s premier engineering solutions provider, is one of the first companies in Sri Lanka in...
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SL Purchasing Managers’ Index (PMI) Survey – December 2016
The Manufacturing Sector PMI was 58.3 in December indicating that the manufacturing activities continued to expand in December 2016. This was mainly due to the higher pace in which New orders sub-index...
View ArticleBanks close for special half day holiday on Friday, 20 January
A special half day Bank Holiday has been declared on 20 January 2017. The Central Bank of Sri Lanka has confirmed this holiday. This special half day bank holiday has been declared in lieu of the Thai...
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