SLIC selects ‘MinimuthuDayada’ competition winners

Sri Lanka Insurance Corporation (SLIC) held the prize draw of the recently concluded ‘MinimuthuDayada Dream Collection’ competition at the SLIC head office under the patronage of the 

Ensuring ‘VGM’: Is it another bombshell to already overregulated int’l trade by sea?

July 1, 2016 can be considered an important milestone to both the shipping industry as well as to the international trade that deals with shipping. In reality, over 95 percent of world trade, especially with respect to movement of goods, takes place via the mode of sea transportation. Therefore, regulating 

Amãna Bank in Global Finance’s Innovators Index

Amãna Bank has received recognition from the world renowned ‘Global Finance Magazine’ by being amongst the handful to be listed in the magazine’s ‘The Innovators 2016’ index.  

Home Lands Skyline builds Green Valley apartment complex

As Colombo turns into a concrete jungle there is a segment who wish to settle down where there is green grass, tall trees and paddy fields away from the hustle and bustle of the city. 

Falling pound a boon for British tourism

AFP - On a sunny afternoon near Big Ben, two weeks since Britain’s historic decision to leave the European Union, little has changed for visitors to the capital London except that their visits are now 

Asian markets sink again, US jobs data in focus

AFP - Asian markets fell yesterday morning, at the end to a volatile week dominated by the fallout from Britain’s European Union exit, with investors now turning their attention to the release of US jobs data.

Rupee gains as foreign investors buy bonds; stocks up

REUTERS- The Sri Lankan rupee strengthened in one-week forwards yesterday, as foreign banks sold dollars on behalf of offshore investors to buy local bonds, dealers said.

BOI-EDB partnership and co-operation to yield considerable economic benefits

A meeting was held recently between the Board of Investment of Sri Lanka and the Export Development Board, to explore areas of co-operation between the two key economic agencies and 

People’s Bank conducts Poson Bathi Gee

The staff members of People’s Bank hosted Bathi Gee for the 11th time on Poson Poya. The event was held adjacent to the Ruwanveli Maha Seya in Anuradhapura. 

Britain leaving EU will not impact our economy much: Chamber Chief

Expressing his views on Britain leaving the European Union (EU), the President of Colombo Chamber of Commerce, Dr. Amila Kankanamge said such incidents happen in the world from time-to-time and 

Ananda College Colombo Sri Lanka’s Green Energy Champion 2016

Ananda College Colombo was announced as the winner for the inaugural Green Energy Champion islandwide competition held recently.

Oil prices rise on bargain-buying

AFP - Oil prices rebounded yesterday after tanking nearly five percent the day before as bargain 

Excel World unveils a world of new experiences

Excel World has added an exciting assortment of fresh new features aiming to offer its customers maximum entertainment pleasure, right in the heart of Colombo. Excel World launched this ambitious 

NDB hosts Best Speaker Contest 2016

The splendorous grand finale of the NDB Best Speaker Contest organised by the National Development Bank PLC (NDB) was recently held at the DHPL Auditorium of the NDB-EDB Towers.

RDA announces Highway Tree Planting Week

The Road Development Authority (RDA) in its efforts to reinforce sustainable development has identified an opportunity to plant trees on the wayside of the Southern Expressway. At the invitation 

Melbourne showcases food produce in Sri Lanka

The Australian High Commission, Colombo recently hosted a food and wine event to showcase Australia’s finest produce. Held at the Australian Residence, the reception had 150 guests dine on an 

Land Rover ‘Dynamic Drive’ revs up Swim Week Colombo

Land Rover celebrated a collaboration of design and creativity at the recently concluded OLU Swim 

Cabinet meets next Tuesday to decide essential prices

The Cabinet of Ministers will meet next Tuesday (July 12) to decide on the prices of essential goods, 

Sri Lanka to promote trade at SAITEX in South Africa

Sri Lanka Tea Board in collaboration with Sri Lanka High Commission in Pretoria  participated  at the 

OPPO celebrates FC Barcelona partnership 1st anniversary

Celebrating the one-year anniversary of its ongoing partnership with FC Barcelona, OPPO has announced the new F1 Plus FC Barcelona Limited Edition.

Vim ‘Diviyata Disne’ spreads enthusiasm for entrepreneurship in Kurunegala

Vim ‘Diviyata Disne’ continues to gather momentum as it helps women on their quest to gain greater 

Lanka Hospitals group 2015 turnover up 16% to Rs 5.5 bn

Lanka Hospitals has announced record gains in the year 2015 as a result of exceptional quality of 

Shares post 2-wk closing high on foreign buying

REUTERS: Sri Lankan shares rose for a third straight session yesterday and posted their highest 

People’s Bank SMILE III empowers entrepreneurs in Sri Lanka

Small and medium-sized enterprises (SME’s) have long been a vital part of the Sri Lankan economy. Acting as a catalytic

Moratuwa Uni to participate in world’s biggest student motorsport competition

A group of students representing the Mechanical Engineering Department of Moratuwa University is to take a race 

Access Engineering’s e-waste collection garners over 12 metric tons

Over the recent past, Sri Lanka has seen an influx of cutting-edge electronics which have replaced in large quantities

Minister Samarawickrama concludes Indian visit on a high note

Minister of Development Strategies & International Trade, Malik Samarawickrama visited New Delhi from July 4-5, on the invitation of the Minister of Commerce and Industry of India Nirmala 

FCPMA donates spirometer to Ruhuna University Medical Faculty

In a bid to improve the standard of occupational health and safely in Sri Lanka, the Fibre Cement 

Sri Lanka’s Extended Fund Facility arrangement with IMF: It’s mostly fiscal

The often repeated pun on the International Monetary Fund’s (IMF) acronym satirically suggests that it prescribes a tighter fiscal policy, whatever an economy’s problem might be. Indeed, lower budget 

South Korea’s rice cultivation technology introduced to Sri Lanka

The Korea Programme on International Agriculture (KOPIA) Sri Lanka Centre established a model farm village for rice production at Rajanganaya in partnership with the Rice Research and