Central Bank to keep rates steady ahead of budget: poll

REUTERS: Central Bank is expected to keep its key interest rates steady on Monday, a few days 

Ravi K to take red clay roof tile manufacturer grievances to President as asbestos ban looms

With the ban of asbestos importation looming in 2018, Finance Minister Ravi Karunanayake said that 

Shares edge up in dull trade ahead of govt. budget

REUTERS: Sri Lankan shares ended slightly firmer yesterday, hovering near a 12-week closing low 

World Bank to provide US $ 85mn for R&D in Sri Lanka

The World Bank will be providing Sri Lanka US$ 85 million in funding to improve the country’s Research and Development (R&D) due to the lack of external funding into the field.

CEAT hosts spectacular awards night in Rome for top dealers

CEAT Kelani Holdings has set a new benchmark for dealer awards with a spectacular celebration of success in Rome for 125 of the company’s top dealers.

Hasitha appointed to HNB Grameen board

Pioneer in microfinance, HNB Grameen Finance Ltd, recently announced the appointment of Hasitha Wijesundara to the director board of the company with effect from September 27, 2016.

Decision to amend IP law to give ‘cinnamon’ GI protection hailed

The country’s cinnamon industry stakeholders yesterday hailed the Cabinet’s decision to amend the 

Union Bank 3Q net up 74% to Rs.133mn; but margins decline

Union Bank of Colombo PLC saw its net profits for the quarter ended September 30, 2016 (3Q16) 

Airtel Kandy Territory Manager wins Bronze at NASCO

Airtel frontline’s strategies and market instincts were commended when Airtel sales team won the 

ComBank offers exciting new look and functionality in revamped website

A comprehensive revamp of the website of Commercial Bank of Ceylon has dramatically changed the 

Etihad announces Global Sale for guests travelling from Sri Lanka

Etihad Airways, the national airline of the United Arab Emirates, is offering travellers from Sri Lanka fantastic savings in its Global Sale. 

CMO ASIA rewards Seylan Bank for exceptional digital presence

Being the pioneer in the social and digital media in banking and finance sphere in Sri Lanka, Seylan 

Migrants bring economic benefits for advanced economies

Migration, no matter how controversial politically, makes sense economically. A new IMF study shows that, over the longer term,

A glimpse into India’s foreign trade policy

The foreign trade policy (FTP) of India is a well defined document in operation which directs the country’s

Closing gender gap – It starts with each one of us

Meeting the gender gap, engaging meaningfully in gender issues – these have become politically correct utterances for many.

SLCPI warns risk of innovator drugs exiting and illegal products entering market

The Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) yesterday cautioned the recent move to 

Aitken Spence Travels organises FAM tour for Lebanese agents

Aitken Spence Travels, the leading destination management company in Sri Lanka, along with Fly 

AIA Sri Lanka announces appointment of new CEO

AIA Sri Lanka yesterday announced the appointment of Pankaj Banerjee as its new Chief Executive 

UB Finance goes for Rs.300mn unlisted debenture issue

In order to strengthen the capital structure of UB Finance Co. Ltd, its parent company Union Bank of 

Channa de Silva appointed as Sarvodaya Development Finance Chairman

Sarvodaya Development Finance announces the appointment of Channa de Silva as its new 

Blue Mountain – Achilleion secures the rights for title sponsorship for the Sri Lanka tour of Zimbab

The real estate giant Blue Mountain’s latest seven-star luxury apartment project, Achilleion has securedthe rights for Title Sponsorship for the Sri Lanka tour of Zimbabwe 2016 

Fairway Holdings Opens Brand New Sports Complex For Homeowners

Perera Mawatha in Rajagiriya was arrayed in bright green lights and one could see Fairway Holdings flags fluttering in the breeze. Last Tuesday night Fairway Holdings

Coca-Cola refreshes youth at the J’pura Premier League

Coca-Cola Beverages Sri Lanka recently extended its support to the J’pura Premier League (JPL) and stepped forward as the official beverage sponsor of the tournament to promote sporting

Armacell - Making A Differnce In Sri Lanka

ARMACELL INDIA (PVT) Ltd industry together with their local agent, distributor, S.L.J. Holdings (PVT) Ltd. along with companies, in the HVAC industry consultants,

SL slips one place in WB’s Doing Business rankings

Sri Lanka’s Ease of Doing Business ranking fell by one notch to 110 for 2017 despite key improvements, according to the flagship report on the subject by the World Bank.

e-Signatures must for improving Lanka’s trade dynamics: Verité  Research

Sri Lanka’s operational environment will continue to be bogged down with errors and mishaps, hindering international trade performances, if the public administration remains resistant towards embracing e- signatures. 

SL slips one place in WB’s Doing Business rankings

Sri Lanka’s Ease of Doing Business ranking fell by one notch to 110 for 2017 despite key 

Watawala 2Q profit jumps over palm oil

The diversified regional plantation company, Watawala Plantations PLC, saw its September net profit j

Over Rs.4bn final payment for Golden Key depositors gets Cabinet nod

The Cabinet approval has been granted to release funds amounting to over Rs.4 billion as the final 

Over Rs.4bn final payment for Golden Key depositors gets Cabinet nod

The Cabinet approval has been granted to release funds amounting to over Rs.4 billion as the final tranche to defrauded Golden Key depositors though the Central Bank. The proposal to this end was made by Finance Minister Ravi Karunanayke. Under the scheme approved by the Supreme Court, Rs. 544.3 million and Rs. 3.9 billion have been already been released respectively, for first and second tranches by the  General Treasury. The Cabinet approv