Central banks' acts desperation

As the economic malaise stretches into its seventh year, central bankers are turning to negative interest rates

SLIC exits Tess Agro with 12% stake sale

State-owned Sri Lanka Insurance Corporation (SLIC) yesterday sold its entire 12.14 percent stake in Tess Agro

Finance Ministry launches initiative to promote SL with CNBC

Sri Lanka’s Finance Ministry in partnership with CNBC, the world’s leading business and financial news network

SocialService.lk to celebrate avurudhu with the visually impaired

Every year the country celebrates Sinhala and Tamil New Year in large scales but the community at large has forgotten the ‘isolated society’.

Startup Sri Lanka holds Disrupt 2.0 Bootstrapped Vs Funded

With the aim of uplifting the startup ecosystem in Sri Lanka and to grow the startup community, Startup Sri Lanka, represented by the entrepreneurship forum which is an initiative by SLASSCOM, 

D TECH PARTNERS WITH VISUAL ANALYTICS LEADER QLIK

D Tech (Pvt.) Ltd, the IT solutions arm of DSI Samson Group, recently signed a partnership with Qlik, a leader in  visual analytics .

BMICH offers new contemporary spaces for wide range of events

The BMICH, one of Colombo’s iconic landmarks recently achieved global status for quality and innovation.

Re-orientation of external trade: an urgent need for SL

Innovations in telecommunications and transportation have shrunk the distances that once separated nations through 

Holcim Lanka launches home building solution centre in Galle

Holcim Lanka, a member of the Lafarge Holcim Group, a global leader in the construction material industry,

Wickramarachchi Opticians marks 40 years with new branch

Pioneering opticians and hearing care specialists Wickramarchchi Opticians and Wickramarachchi Institute

Arpico raises Avurudu shopping stakes with millions in ‘Lucky Dip’

The Arpico retail chain has announced plans to reward shoppers this Avurudu season with millions of rupees

S-lon revives ‘Hisa Thel Gema’ festival at Sri Natha Maha Devalaya

The Sinhala and Tamil New Year is part of our country’s rich cultural heritage. 

Team Exide scores yet again at Rotherham Circuit Meet 2016

Team Exide emerged victorious at the recently held Rotherham Circuit Meet. Tyron Hendawitharana won 1st place at the Group SL-Hstanded Caress Subaru Legacy 2200 CC.

Sri Lanka’s rapidly ageing population poses serious socio-economic challenges

Sri Lanka’s rapidly ageing population poses serious challenges on several fronts.  

FinMin leaves for USA to attend IMF, WB meetings

Minister of Finance, Ravi Karunanayake will leave today (April 13th) to United States to participate in the

January trade deficit narrows 9.1%

REUTERS:  Sri Lanka’s January trade deficit narrowed 9.1 percent year-on-year, the Central Bank said yesterday.

Alibaba to buy controlling stake in Lazada for about US $ 1bn

REUTERS: Chinese e-commerce giant Alibaba Group Holding Ltd said yesterday it agreed to buy a controlling

Hameedia Kiribathgoda celebrates 1st anniversary

Sri Lanka’s leading menswear specialist, Hameedia, recently celebrated the first anniversary of its Kiribathgoda branch in the presence of the senior management and other dignitaries.  

Shell CEO says may sell some North Sea assets to improve portfolio

REUTERS: Royal Dutch Shell could sell some of its older, lower grade North Sea assets to improve the quality of its portfolio,

Share Transaction Levy to be reintroduced from April 15

The Colombo Stock Exchange (CSE) yesterday announced the reintroduction of Share Transaction Levy of 0.3 percent,

Samsung Electronics and Skills Development and Vocational Training Ministry offer specialised techni

Samsung Electronics Sri Lanka, following its partnership with the Vocational Training Authority and as part

US announces final $5.1 bn Goldman fine on mortgage bonds

AFP: Goldman Sachs will pay $5.1 billion in fines and consumer relief to resolve charges it misled investors

CB Governor says Lankan economy to have a soft landing

With the recent policy measures seen coming into effect through less money circulated in the economy 

Nolimit outshines competition at 2015 JASTECA 5S Awards

Sri Lanka’s leading fashion retail chain, Nolimit, won a slew of awards at the prestigious JASTECA 5S Awards held at Hotel Galadari recently. 

Overseas Realty to acquire Shing Kwan-owned WTC floors through share purchase

Instead of buying the two floors of the World Trade Centre Building as planned, Overseas Realty (Ceylon)

PC sales slump for sixth consecutive quarter

AFP: Sales of personal computers slid for the sixth consecutive quarter at the start of 2016, falling to levels

Netherlands aims to strengthen ties with ‘old friends’ using ‘new trends’

Attempting to strengthen ties with ‘old friends’ using ‘new trends’, top Netherlands envoy to Sri Lanka stated 

Coca-Cola adjudged SLIM-Nielsen ‘Youth Beverage Brand of the Year’ 2016

Brand Coca-Cola reinforced its market leader status yet again after being adjudged the SLIM-Nielsen ‘Youth 

Thailand sees tourism revenue rising 10 pct during Songkran festival

REUTERS:  Thailand expects tourism to generate revenues of 15 billion baht (US $ 428.08 million) during the

Drought could hit rice stocks at exporters, fuel price crisis: analyst

REUTERS: Crippling drought brought on by the El Nino weather pattern could cut rice stocks among the world