Last Updated : 2024-04-26 15:05:00
Daily FT
Sunday Times
Mirror Edu
Tamil Mirror
Lankadeepa
Middleast Lankadeepa
Ada
Deshaya
Life Online
Hi Online
HitAd
TimesJobs
E-Paper
Home delivery
Advertise with us
Mobile Apps
feedback
Archive
Print Ads
Fri, 26 Apr 2024 Today's Paper
20 Apr 2024 - 0 - 46
Aitken Spence Hotels has once again ranked among the top companies in LMD’s Most Awarded Hall of Fame, solidifying its position as one of the most distinguished entities in Sri Lanka. Acquiring a tally of 52 awards throughout 2023, the company secured the first place in hospitality sector and fourth place among the nation’s most honoured establishments. With an extensive presence spanning Sri Lanka, Maldives, India, and Oman, Aitken Spence Hotel
20 Apr 2024 - 0 - 70
The world’s largest adventure travel company and the largest travel B Corp, Intrepid Travel Chairman and its Co-Founder Darrell Wade casted doubts on Sri Lanka’s 10-year tourism strategy to attract 2.5 million high-end tourists, expressing concerns on the lack of a sustainable programmed focused on such travellers. Wade recently visited Sri Lanka to reaffirm Intrepid’s commitment to Sri Lanka within its 2030 strategy. Intrepid plans to foster gr
19 Apr 2024 - 14 - 2921
Port City Colombo officials expressed frustration over delays in opening the downtown duty-free mall in Colombo.
19 Apr 2024 - 7 - 954
Possible delays in reaching an agreement (in principle) with private bondholders is unlikely to impact the disbursement of the third tranche under IMF’s US$ 3billion bailout package, given negotiations are moving ahead in good faith, Former Governor of Central Bank (CB) and renowned economist, Dr. Indrajit Coomaraswamy said.
19 Apr 2024 - 0 - 44
The secondary market yield curve slightly ticked high, as a slight selling pressure emerged on the belly end of the curve. Accordingly, liquid tenors 2026, 2027 and 2028 saw some activities with 15.05.2026 trading at 11.20 percent. Further, 15.12.2026 hovered between 11.32 percent -11.35 percent whilst on the 2027 tenor, 01.05.2027 and 15.09.2027 recorded transactions at 11.78 percent and 12.01 percent, respectively. Moreover, 15.03.2028 entice
19 Apr 2024 - 0 - 31
The ASPI closed in red as a result of price losses in counters such as Sampath Bank, Lion Brewery and Hatton National Bank with the turnover crossing Rs. 2.2 bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in National Development Bank, DFCC Bank and Central Finance Company. Mixed interest was observed in Capital Alliance, Lanka Milk Foods and Hemas Holdings whilst retail i
19 Apr 2024 - 0 - 151
Sri Lanka will see two leading telco groups come together with the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) giving the nod for Dialog Axiata and Bharti Airtel to merge. Dialog Axiata PL
19 Apr 2024 - 0 - 125
19 Apr 2024 - 0 - 37
Japan says fully committed towards early finalisation of debt restructuring
19 Apr 2024 - 0 - 141
REUTERS: The International Monetary Fund (IMF) stands ready to support Sri Lanka’s discussions with international bondholders and will provide a formal assessment after the parties reach a tentative agreement-in-principle
19 Apr 2024 - 0 - 159
The State-Owned Enterprise Restructuring Unit (SOERU) yesterday said it expects all transactions, other than that of the national carrier to be concluded by August 2024. The timeline for SriLankan Airlines is likely to extend to end September 2024. The SOER
19 Apr 2024 - 0 - 38
HNB Assurance PLC (HNBA) has once again secured the prestigious title of Best Life Bancassurance Provider in Sri Lanka for the fourth consecutive year, recognised by the Global Banking and Finance Review. This award und
19 Apr 2024 - 0 - 60
New Unilever Sri Lanka Chairman and CEO Ali Tariq met with Board of Investment (BOI) Chairman Dinesh Weerakkody and the BOI and Port City officials, to discuss the current investment climate, opportunities and the Unilever Sri Lanka operations in the country. Head of Regulatory and External Affairs Harini Rajadasa also participated.
19 Apr 2024 - 0 - 43
The No. 1 Bank in the Country, Bank of Ceylon (BOC) yet again set a record during the Avurudu season with over Rs.185 billion worth transactions taking place in BOC’s very own cash recycling machines (CRMs) and ATM terminals.
HVA Foods PLC, a member of the George Steuart group, announced the following appointments to its board of directors. Accordingly, Graham Stork has taken up duties as Director and Chief Executive Officer, while Samantha Ranatunga has tak
Radisson Blu Resort Galle announced the resort has emerged triumphant in clinching the Franchised Hotel of the Year Award at the recently held SEAP – GM Conference of Radisson Hotel Group hosted in Cebu, Philippines.
19 Apr 2024 - 0 - 77
Hunas Holdings PLC, a leading player in the investment and hospitality sector, recently announced a strategic partnership with BCC Corporation Japan, a renowned innovator in technology, hospitality and real estate solutions. Together, they
The Hayleys Leisure Training Academy, a pioneering initiative by Hayleys Leisure, held its second graduation ceremony recently,
18 Apr 2024 - 10 - 1919
Sri Lanka crossed the 700,000 tourist arrival milestone within the first 14 weeks of the year, almost half the time frame taken to reach the mark in 2023.
18 Apr 2024 - 0 - 146
Knuckles, renowned for its commitment to purity and quality, has announced the launch of its newest innovation: Knuckles Bottled Drinking Water in glass bottles. Bottled at the source in the Knuckles Mountains range, the water undergoes a meticulous bottling process that ensures it retains all the natural elements and qualities historically associated with the region. From its pure, natural spring origins to its high pH value and rich essential
18 Apr 2024 - 0 - 73
The ASPI closed in green as a result of price gains in counters such as Commercial Bank, Lanka IOC and John Keells Holdings with the turnover crossing Rs 2.0 Bn. A similar behaviour was witnessed in the S&P SL20. High net worth and institutional investor participation was noted in Hatton National Bank, Dialog Axiata and Teejay Lanka. Mixed interest was observed in Lanka IOC, Ambeon Capital and Capital Alliance whilst retail interest was noted in
18 Apr 2024 - 0 - 79
The secondary market enticed a mixed sentiment amid ultra-thin volumes during yesterday’s session, as the investors took a cautious approach, eagerly waiting to see the outcome of the bondholder negotiations, which recommenced on Tuesday, following the March 24 talks, which ended up without a consensus. Thus, thin trades were observed on the belly-end of the yield curve with 01.07.25 maturity recording trades between 10.55 percent and 10.60 perc
18 Apr 2024 - 0 - 218
In today’s fast-paced and technology-driven world, digital services have become an integral part of our daily lives and revolutionized the way we communicate, work, and access information. One of the key benefits of digital services is their convenience - with just a few clicks or taps on a screen, we can purchase groceries, pay bills, order food, or connect with colleagues and family. Overview of different types of digital services There is a w
18 Apr 2024 - 0 - 61
CEAT-Kelani has introduced three new variants of high-performance radial tyres into the market, widening choice for a significant segment of vehicle owners. Joining CEAT’s ‘Orion Brawo’ range, the new radials are in the sizes 155/65 R14, 165/70 R14 and 165 R13, with the first two sizes designated for popular models of compact and small cars, and the third for mid-sized vans, the company said. The CEAT Orion Brawo 155/65 R14 and 165/70 R14tyres bo
18 Apr 2024 - 0 - 37
NDB Leasing announced the conclusion of its recent leasing promotion, the ‘NDB Auto Carnival’, which provided customers with an opportunity to lease their dream vehicles with ease and convenience. Held from April 04 to April 05 at the Dambulla Dedicated Economic Centre, the event showcased NDB Leasing’s wide range of leasing options and offered some incredible benefits to attendees. During the event, customers had the chance to explore tailor-mad
18 Apr 2024 - 0 - 178
David Pieris Automobiles (Private) Limited (DPA) has announced that it officially started accepting pre-bookings for the all-new BAIC X55 II SUV in Sri Lanka. Earlier this month, the first 15 customers placed a deposit to pre-order their new vehicles. DPA recently announced its strategic partnership with Beijing Automotive Industry Holding Co., Ltd. (BAIC), promising a new era of innovative, quality products, and unparalleled customer service fo
18 Apr 2024 - 0 - 85
Pelwatte Dairy announced the appointment of Mohamed Rizwie and Deepthie Wickramasuriya as Non-Executive Directors to its board. With over three decades of experience in Consumer/Medical marketing at Nestle, Rizwie has held senior management roles across Sri Lanka, India, Philippines, and Saudi Arabia. With an educational background in marketing and sales, including diplomas from the Nestle International Training Centre in Switzerland and an MBA
18 Apr 2024 - 0 - 24
eChannelling and a subsidiary of SLT-Mobitel have partnered with the International Organization for Migration (IOM) Sri Lanka to provide free online appointment booking for health assessments required for migration to the UK, Australia, Canada, and New Zealand. IOM delivers comprehensive health assessment programmes that are beneficial, accessible, and equitable for migrants and mobile populations. Through the new partnership, migrants can now co
18 Apr 2024 - 0 - 59
Contrary to the claims that the current economic recovery could get derailed due to the parties coming short in reaching an agreement on restructuring the commercial debt, the evidence showed that the two parties have come a long way in closing the gaps and it is natural there could be bumps in the road toward reaching consensus. Sri Lanka concluded its first round of restricted discussions with the so-called ad hoc group of bondholders, comprisi
18 Apr 2024 - 0 - 80
The International Monetary Fund (IMF) announced this week that it endorsed a set of reforms that would help speed up processes in supporting the countries struggling with debt restructurings. According to the recommendations in the IMF staff paper ‘Policy Reform Proposals to Promote the Fund’s Capacity to Support Countries Undertaking Debt Restructurings’, the reforms are designed to ensure a more agile approach to the IMF support to the countri
26 Apr 2024