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Brexit to happen three months earlier
BusinessTags: Print EditionIt appears Britain will pull out of the European Union three months earlier than expected. Negotiators on both sides of the tricky deal have reportedly agreed to an official...
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SLIA annual sessions to held from February 21 to 25
BusinessSLIA President Archt. D. H. Wijewardene addressing the gatheringTags: Print EditionThe 36th Annual Sessions of the Sri Lanka Institute of Architects (SLIA) is about to bring in novelty and...
View ArticleSri Lanka Ceramics & Glass Symposium begins March 5
BusinessTags: Print EditionAn eminent panel of local and foreign speakers are billed to speak at the technical sessions of the Sri Lanka Ceramics & Glass Symposium on March 6, 2018, while the...
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Sri Lankan equities unmoved by global equity sell-off
BusinessTags: Print EditionThe Bourse ended on a mixed note this week as the ASPI increased by 51.83 points (or +0.79%) to close at 6,572.29 points, while the S&P SL20 Index decreased by 21.77...
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Amazon plans hundreds of layoffs
BusinessTags: Print EditionAmazon is cutting hundreds of positions at its headquarters and global operations, a reset that comes after several years of significant growth.The cuts were first reported...
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Island tax haven firms own 23,000 UK properties
BusinessTags: Print EditionA quarter of property in England and Wales owned by overseas firms is held by entities registered in the British Virgin Islands, BBC analysis has found.The Caribbean...
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'EDEX Future Leaders Conference 2018’ to strengthen school prefects
BusinessAnanda KannangaraTags: Print EditionEmpowering Sri Lankan youth and encouraging them to utilize their skills and talents to become successful persons in their future activities was highlighted...
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Union Bank Biz Direct powers UA with cutting-edge cash management technology
BusinessCEO Union Bank, Indrajit Wickramasinghe presents a plaque to CEO Union Assurance Dirk Pereira. Anura Hettikanda, Senior Manager Life Operations UA, Ruwan Rodrigo, Senior Manager Finance UA,...
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GrandSpace opens first serviced office spaces
A flexible and timely solution for an increasing demandBusinessTags: Print EditionThe latest entrant on the scene of professional work-spaces, GrandSpace One (Pvt) Ltd, celebrated the opening of their...
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Pan Asia Bank rewarded top performers in credit card, personal loan sales
BusinessNimal Tillekeratne, Director/CEO of Pan Asia Bank presenting the awards to top achievers at the event. Tags: Print EditionPan Asia Bank recently awarded the branch staff, who performed...
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COMBANK sets new digital banking record with Rs 663 bn.in transactions in 2017
BusinessTags: Print EditionA whopping Rs 662.95 Billion was transacted through digital banking channels alone, by customers of the Commercial Bank of Ceylon in 2017.This is the highest value the Bank...
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Tea industry stakeholders unite to call for lifting of glyphosate ban
BusinessTags: Print EditionTea industry stakeholders including Sri Lanka Tea Board (SLTB) Chairman Rohan Pethiyagoda called on policy makers to urgently re-evaluate the arbitrary ban imposed on...
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‘Inflation at moderate level, foreign reserve to be above US$ 7 bn’
BusinessTags: Print EditionFirst Capital Research (FCR) believes inflation rate to moderate, foreign reserve position to be maintained above US$ 7 billion levels.FCR also expects the improvement in...
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Piramal Glass Ceylon gross profit crosses Rs 1 bn
BusinessCEO Sanjay TiwariTags: Print EditionFor the nine months ended Dec 31, 2017 the overall turnover of Piramal Glass Ceylon was on par with the previous year’s sales of Rs.5 billion mark.The...
View ArticleCTC contribution to State falls to Rs 117.3 bn
BusinessTags: Print EditionCeylon Tobacco Company PLC (CTC) contribution to the government through excise, taxes and levies, has fallen to Rs 117.3 billion during the year ending December 31, 2017,...
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Fonterra surpasses Rs 3 bn investment mark
BusinessSunil SethiTags: Print EditionFonterra Brands Sri Lanka, the dairy co-operative behind Anchor, recently surpassed the Rs. 3 billion investment-mark in its commitment to building a thriving...
View ArticleFitch rates Commercial Bank Basel III Sub Debt ‘AA-(lka)(EXP)’
BusinessTags: Print EditionFitch Ratings has assigned Commercial Bank of Ceylon PLC’s (CB, AA(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures of up to Rs 10 billion an...
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India Education Fair Colombo at the BMICH
BusinessTags: Print EditionThe two day India Education Fair Colombo began yesterday at the BMICH. This event showcases the scope of study in Indian universities. Leading universities from all over...
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Shares - Market Statistics on 14.02.2018
BusinessTags: Print EditionThursday, February 15, 2018 - 01:00
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Coconut Products – Prices on 14.02.2018
BusinessTags: Print EditionThursday, February 15, 2018 - 01:00
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