Last Updated : 03-09-2014 12:36

 
 

Business

Sanga Partners with Prima Stella

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Following a series of successful and innovative product developments, Prima Stella Instant Noodles re launched its favourite chicken flavor along with a vegetable sachet, targeting the entire family and guaranteed to thrill the taste buds of all noodle lovers. 

Port City to be extended up to Mount Lavinia

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The much hyped ‘Port City’ project, which will reclaim at least 252 hectares of sea in front of Galle Face,...

Sweets.lk – Take a bite on your sweet tooth

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Sweets.lk is Sri Lanka’s first and only online store specialized in sweet treats.  The site provides a wide range of sweets from various suppliers and also handles deliveries.  Sweets.lk’s mission is “ to be the one stop shop for sweets and related businesses in Sri Lanka”. While doing this the site wants to create communities of entrepreneurs and sweets lovers and make them share their ideas and comments about their passion for sweets.

Commercial Credit acquires Trade Finance & Investments

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Commercial Credit & Finance PLC has acquired the control of Trade Finance & Investment PLC, a company controlled by the Cooray family, owners of Jetwing Group.

Effective planning and execution take pain out of meetings

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One particular area of managerial activity holds the greatest promise of productivity improvement – conduct of meetings.

CB approves 19 merger proposals

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During the first seven months of the year, Central Bank’s monetary board has principally approved as much as 19 consolidation proposals,...

Geographical Indication for Ceylon cinnamon soon

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In response to a longstanding cry by the spices and allied exporters, action is now underway to obtain the Geographical Indication (GI) for Ceylon cinnamon and other allied products of which the geographical origin and its possessed qualities will be identified with a unique sign in the international market place.

Asian stocks slip after major US sell-off

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Asian markets ended their recent rally yesterday after the Dow posted its biggest single sell-off since February on weak eurozone data and as news of Argentina’s debt default shook the market.

SEC Licenses First Dollar Fund in Sri Lanka

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Ceylon Asset Management launches ‘Ceylon Dollar Bond Fund’ to attract foreign investments into Sri Lanka dollar bonds. In a giant step to internationalize the investment industry in Sri Lanka, which has thus far been restricted to rupee investments, the Securities & Exchange Commission (SEC) licensed the country’s first ever dollar denominated unit trust with the approval of Central Bank and Ministry of Finance.

Why mentoring matters

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It is often said that behind every successful career woman (or man, if it is grammatically correct) is a mentor.

Court orders Touchwood to submit documents by August 7

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The Commercial High Court yesterday ordered former Touchwood PLC Chairman/CEO Lanka...

Is blocking websites making telecom share prices vulnerable?

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Significant concerns have been raised over Sri Lankan Internet service providers (ISPs) blocking news-related websites. Currently, there are two ISPs listed in the Colombo Stock Exchange.

Watch inflation and get ready for rate adjustment: IMF

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The International Monetary Fund (IMF) urged the authorities to closely watch the inflation and get ready for a rate hike as the long lag between the monetary policy actions and their effects in Sri Lanka could push the inflation up.

Further easing no healer for dismal credit growth: StanChart

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Further easing of the monetary policy may not solve the problem of extremely low private credit growth, which fell to more than a four-and-a-half-year low of 2.2 percent in May 2014, compared with 3.3 percent a month earlier, according to Standard Chartered Bank (StanChart).

Sri Lanka’s external vulnerability still high, but improving: Moody’s

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Sri Lanka’s short-term debt obligations against its official reserves - a measure of the country’s external sector vulnerability - still remains elevated but the United States-based rating agency said it was.......

Making effective Time Management your organization’s top priority

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In today’s climate of corporate down-sizing, professionals find themselves taking on more and more responsibilities. This work gives readers a creative alternative to working harder over longer hours.

Understanding technical jargon in equity research reports

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The article published last week addressed the responsibilities of investors. We discussed the benefits of working with your investment advisor and familiarizing yourselves on the performance of the company.

SEC asks brokers, margin providers to cut lending rates

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Market regulator, Securities and Exchange Commission (SEC) has asked stockbrokers to reduce interest rates charged on broker credit and margin trading in line with policy interest rates of the Central Bank.

IMF cuts 2014 global growth forecast, sees rising risks

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The International Monetary Fund warned Thursday that geopolitical risks in Ukraine and the Middle East are looming over a global economy already hit by slowdowns in the US and China.

Singer appointed exclusive distributor for Sony Mobiles

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The latest premium flagship waterproof smartphone designed by Sony, the ‘Xperia Z2’ was unveiled to the local market recently in Colombo by Singer Sri Lanka Plc, laying a pedestal to the partnership with Sony Electronic Singapore Private Limited.

Rally continues, market breather might be around the corner

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During the first three weeks of July the All Share Price Index (ASPI) has continuously gained increasing by 343 points with one single day been the exception in which the index lost just 20 points.

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Protest demanding salary increase
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Remembering Anagarika Dharmapala
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Protest demanding salary increase
Launch of ‘Adara Ankura’
Remembering Anagarika Dharmapala
Harin in Passara