Continues on Lively Ways…..28th Dec 2010

The All Share Price Index picked 19.6 points to close at 6,641.1 points (+0.3%), whilst the Milanka Price Index also picked 37.1 points to close at 7,063.6 points (+0.5%).

Standard Chartered Bank's Priority Banking Customers learn finer points of tax

Priority Banking of Standard Chartered Bank organized a networking breakfast event for their customers, last week. Highlight of the event was a presentation by eminent tax consultant, N.R Gajendran on benefits and conveniences attainable from the recently presented government budget.

Emirates SkyCargo completes first paperless flight

Emirates SkyCargo, a leading force in the industry drive towards e-freight, recently marked a milestone with its inaugural paperless flight. EK702, from Mauritius to Dubai, became the first flight on its global network to operate with a hold filled entirely with shipments which had been processed electronically. The Boeing 777-300ER, with a belly-hold capacity of 23 tonnes, transported a diverse load, including bank notes, flowers, fruits such l

IMF publishes first global survey of Foreign Direct Investment Positions

The International Monetary Fund (IMF) last week released results from its inaugural Coordinated Direct Investment Survey (CDIS), the first worldwide survey of foreign direct investment positions. The results, published as an online database, cover investment positions at end-2009 for 72 participating economies. The survey will be carried out annually and the intention is to broaden coverage in terms of both geographical representation and breakdo

Janashakthi launches global campaign "Make Roads Safe"

Janashakthi joined forces with the United Nations, Ceylon Motor Sports Club (CMS) and the global governing body for motor sports and road safety the Federation Internationale de I'Automobile (FIA) - UK to launch the global campaign - a Decade of Action for Road Safety 2011 - 2020 in Sri Lanka.

Stock Market continues its lively ways….27th Dec 2010

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Sithaka brews a hat trick

Sithaka Tea Factory famous for its quality of teas being produced on a weekly basis and obtaining weekly top prices at the Colombo tea auctions recorded and established an all time record price for the BOP-1 grade at Rs.770 on 22 December tea auctions conducted by Deshan Bandaranayake of John Keells Plc.

India set to become leading growth centre in Asia

It's official. The great Indian growth story looks set for a sequel in 2011 as the economy readies to wipe out any lingering traces of the global recession. Strong growth across sectors promises not just to beat back the recession blues but also cement India's position as a leading growth center in Asia alongside China.

Coconut growers want fertiliser subsidy

The Government on Friday held a crisis meeting on the coconut industry with both sides cracking their ideas as to how best a more sustainable development could be struck.

Bourse Celebrates Christmas in Green…24th Dec 2010

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Beating the Holiday Blues…23rd Dec 2010

Normal 0 MicrosoftInternetExplorer4   The All Share Price Index gained 55.7 points to close at 6,511.5 points (+0.9%), whilst the Milanka Price Index also gained 69.4 points to close at 6,974.3 points (+1.0%).

Asian shares edge up in quiet pre-holiday trade

HONG KONG, (AFP) - Asian shares mostly edged higher in quiet trade on Wednesday as investors began to ease back ahead of the end-of-year holidays.

Emirates promotes Omega Dubai Desert Classic Golf Tournament

The world-class 22nd annual Dubai Desert Classic golf tournament kicks off on 8th February 2011 and runs through 13th February 2011. 

External trade improves in October

Central Bank said yesterday earnings from exports increased by 27.6 per cent, year-on-year, to US dollars 802 million in October 2010. This is the third highest monthly export value ever recorded. Higher export earnings from the textile and garments and minor agricultural crops helped this increase.

CSE Back to Lively Ways...22nd Dec 2010

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Commercial Bank supports University of Jaffna

Commercial Bank of Ceylon PLC, the leading private bank in the country, recently assisted the University of Jaffna by providing computer equipment to its Department of Geography.

Stock market Searching for Direction…21st Dec 2010

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Etisalat Lanka gives SMEs a leading edge

Recognising the contribution and role of Small and Medium Enterprises (SMEs) in the current post-war emerging economy, Etisalat Lanka provided a boost for the sector with the 'Etisalat Business Edge' forum.

New 'Otara' range at CJS

In its second year running, Sri Lanka's first ever celebrity jewellery line 'Otara' by Colombo Jewellery Stores presents yet another stunning line of contemporary jewellery.

Stock Market Continues to Bleed….16th Dec 2010

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Stock Market Continuing the Lethargic Mode….15th Dec 2010

Normal 0 MicrosoftInternetExplorer4 The All Share Price Index dipped 11.8 points to close at 6,373.8 points (-0.2%), whilst the Milanka Price Index also dipped 9.37 points to close at 6,833.35 points (-0.1%).

SriLankan resumes flights to Kochi

SriLankan Airlines will re-launch its services to  Kochi from  March 1st  2011,  increasing its growing portfolio of Indian destinations to seven.  The resumption of flights links Colombo and Kerala's commercial capital  Kochi on all seven days of the week.

CBSL issues Rs.5,000 commemorative coin

The Central Bank of Sri Lanka (CBSL) announced the launching of new coin  to mark 60 years of Central Bank.

Stock Market Back in Red….. 14th Dec 2010

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SAMP Drives Day’s Activity 13th Dec 2010

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HSBC Colombo Fashion Week scheduled for 4-6 Feb

HSBC Colombo Fashion Week 2011 is scheduled to take place on the 4, 5, 6, February 2011 at the Grand Ballroom, Hilton Colombo. This year HSBC Colombo Fashion Week was the biggest to date and it provided a strong boost to the fashion design industry of Sri Lanka.

Belgian economic delegation upbeat following visit to Sri Lanka

The Belgian business delegation which included over 50 representatives from 40 companies who visited Sri Lanka for 'Belgian Week 2010' held from 22-26 November to explore economic and investment possibilities, have expressed optimism on the country's business climate and the prospect of their doing business in Sri Lanka.

Stock Market Ended Flat. 09th Dec 2010

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Yet Another Day in Red. 08th Dec 2010

The All Share Price Index dipped 14.8 points to close at 6,454.3 points (-0.2%), whilst the Milanka Price Index also dipped 18.9 points to close at 6,918.9 points (-0.3%).

Stock Market Continues Spiraling Down…07th Dec 2010

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