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‘Another US$ 500-600 mn inflow for H’tota Port envisaged’
BusinessPrime Minister Ranil Wickremesinghe receiving the initial payment for the lease of Hambantota Port.Tags: Print EditionshippingHambantota Port Development project will bring in an FDI inflow of...
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IMF commends SL’s economic reform efforts
BusinessTags: Print EditionIMF loanThe International Monetary Fund (IMF) has commended the commitment of the authorities towards implementing economic reforms while undertaking fiscal measures to...
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Gold prices tumble to four-month low
BusinessTags: Print EditiongoldGold prices tumbled to their lowest in over four months yesterday after extending their decline in the wake of sweeping US tax cuts but the worst could be yet to come for...
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Dilshan Wirasekara elected to CSE Board
BusinessDilshan WirasekaraTags: Print EditionAppointmentThe Colombo Stock Exchange (CSE) has appointed Dilshan Wirasekara as a Director of the CSE Board with effect from November 21, 2017.Wirasekara is...
View ArticleCentral Finance increases its shareholding in NTB
BusinessTags: Print EditionInvestmentCentral Finance Company PLC (the “Company”) in terms of Rule 8 of the Listing Rules of the Colombo Stock Exchange, announced that it purchased 2 million two hundred...
View ArticleFifth Chairman of Lanka Sathosa resigns
BusinessTags: Print EditionResignationThe Chairman of Lanka Sathosa T. M. K. B. Tennakoon is speculated to have resigned last week.He was the fifth Chairman to resign since January 2015 after the...
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Vision for new era for China and the world: Analysis of outcome of CPC Congress
BusinessLuxman Sirwardena Executive DirectorPathfinder FoundationTags: Print Edition The 19th CPC Congress which expounded the theme of socialism with Chinese characteristics declared that its...
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BOI enterprise Cable Solutions wins int’l innovation award
BusinessTags: Print EditionThe BOI enterprise Cable Solutions (Pvt) Ltd received a prestigious award at the International Innovation Summit held recently at the Hyatt Hotel in Shanghai, China.About 30...
View ArticleFirst EU GSP+ guide for exporters published
BusinessTags: Print EditionThe first comprehensive and almost step by step guide for Lankan exporters to export under EU GSP Plus scheme has been released.Titled the “EU GSP+ Business Guide for Sri...
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SriLankan wins again at World Travel Awards
BusinessTags: Print Edition‘SriLankan Airlines, the national carrier of Sri Lanka and a member of the oneworld alliance, proving its consolidated presence in the Indian Sub-Continent has been awarded...
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Aravinda Perera, Chairman Board of Singer Finance
BusinessAravinda PereraTags: Print EditionAppointmentM. Y. Aravinda Perera has been appointed as Chairman to the Board of Singer Finance (Lanka) PLC with effect from October 2, 2017 to fulfill the...
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Soheto Group Colombo distributor for Sony Broadcast Solutions
BusinessThe Managementof Soheto Group Colombo.Tags: Print EditionSoheto Group Colombo, the distributor for Sony Broadcast and Professional equipment, announced the line-up of its product portfolio at...
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Edirisinghe Homes wins Central Province Large Scale Business (Service) Award
BusinessSamith Edirisinghe, Managing Director, Edirisinghe Homes, receiving the award from Niluka EkanayakeTags: Print EditionEdirisinghe Homes Pvt Ltd was awarded the Central Province Large Scale...
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ESET celebrates 30th anniversary, rewards customers
BusinessThe winners receiving their from DCS International Senior Business Development Manager Dilruk Weerasinghe.Tags: Print EditionDCS International Private Limited (DCS), the exclusive authorized...
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What condominium owners should know
Condominium FeesBusinessBy Kirthi HewamanneTags: Print EditionThe complex documentation of a condominium project should be clearly understood by the purchaser…First-time condo buyers are sometimes...
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Singer Sri Lanka inks partnership with Pan Asia Bank
BusinessPartnership agreement between Singer Sri Lanka and Pan Asia Bank, Director Sales & Commercial of Singer (Sri Lanka) PLC, Mahesh Wijewardene and Deputy General Manager Marketing &...
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People’s Leasing’s ‘Al Safa’ bags top honours at SL’s sole Islamic Banking &...
BusinessMinister of Public Enterprises Development, Kabir Hashim presents the award to A.J.A. Mohideen Maharoff, Senior Manager Islamic Finance Service Unit, People’s Leasing & Finance PLCTags:...
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Exporters back liberalization of shipping agencies - Minister
BusinessFinance Minister Mangala SamaraweeraTags: Print EditionOnly five Sri Lankan companies control the agencies of shipping lines that account for 74% of the global shipping market and the market...
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No slowdown of apartments
BusinessTags: Print EditionThere has been an increase in the number of apartment projects in Colombo and Greater Colombo areas, according to data compiled by leading property website...
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ADB for cross-border power transmission
BusinessTags: Print EditionThe importance for a country to have reliable power supply cannot be overemphasized, says the Asian Development Bank.This was expressed in an ADB Blog posted by Director...
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