Oil prices take breather but uptrend likely to continue

Oil fell in Asia yesterday as investors took a breather from a recent price rally spurred by the International 

BOC holds sand paving ceremony at Anuradhapura Jaya Shri Maha Bodhi

With the blessings and the guidance of Anuradhapura Atamasthanadipathi Venerable Dr. Pallegama Siriniwasa

BOI hosts Turkish business delegation

A Turkish business delegation led by Tunca Ozcuhadar, Ambassador of Turkey in Sri Lanka met the Board

Bren Security holds annual awards ceremony for security officers

Bren Security (Pvt.) Ltd, a member of the global security giant Securitas AB of Sweden, held its annual

Living made simple with Hoover at Abans

Over the years Hoover has gained widespread popularity for being a trusted name in the global home appliance

Browns Hospital Ragama celebrates Avurudu 2016

Amidst a colourful gathering and traditional customs, Browns Hospital Ragama celebrated the Sri Lankan 

Lankan teachers participate in MIE Expert programme

Sri Lankan educators were given an opportunity to interact with their peers from around the world and experience

IMF warns Brexit would hit UK economy, spark volatility

AFP- The International Monetary Fund warned yesterday that Britain’s potential exit from the European Union 

Fairway Holdings supports Sri Lankan endeavour to conquer Everest

Jayanthi Kuru-Utumpala and Johann Peries, the two intrepid mountaineers from Sri Lanka, are approaching the Death Zone – literally. 

CIMA holds Mind Challenge 2016

The annual quiz competition organised by the CIMA Students’ Society (CIMASS) was pulled off with resounding 

Economic revival

Malaysian women walk past each-other at the popular Chinatown market in Kuala Lumpur yesterday. Malaysia

PABC hosts inter-branch and department quiz

Pan Asia Bank Corporation (PABC) held its inter-branch/department quiz competition named ‘Pan Asia

Nissan CEO says will scrap Mitsubishi deal if fuel scandal widens

AFP - Nissan’s top executive warned yesterday that he would kill a $2.2 billion offer to buy a major stake i

EU defends US free trade deal amid growing opposition

AFP-  EU trade chief Cecilia Malmstroem said yesterday a historic free trade deal between Europe and the

Rupee steady in dull trade; stocks rise

Reuters - The Sri Lankan rupee was steady in dull early trading yesterday as greenback sales by banks

Apple invests $1 billion in China taxi app Didi

AFP - Apple has invested $1 billion in Chinese ride hailing app Didi Chuxing, the Beijing company said

Shares hit over four-month closing high

REUTERS:  Sri Lankan shares rose yesterday to hit its highest close in more than four months, led by

Expedition to Mount Everest - Jayanthiand Johann attempt to summit

JayanthiKuru-Utumpala and Johann Peries are on the brink of summiting Mt. Everest (8,848m / 29,029ft) the highest mountain in the world.

EU rep affirms SL on track to regain GSP Plus

The European Union representative head in Sri Lanka yesterday said Sri Lanka is on track in regaining

ComBank 1Q net up 29% over strong core banking and stable margins

Sri Lanka’s largest commercial bank by assets, Commercial Bank of Ceylon PLC (ComBank) increased its

FinMin vows to investigate Lankans in Panama Papers

Minister of Finance Ravi Karunanayaka said formal investigations of all Sri Lankans exposed by Panama

Shares snap 5-day winning streak

REUTERS:  Sri Lankan shares ended marginally lower yesterday, snapping a five-session winning streak,

NDB March net profit slips 37% to Rs.547.5mn

National Development Bank PLC (NDB) group saw its March quarter net profits falling by 37 percent year-on-year 

Top UN official calls for multi stakeholder collaboration to ensure water security

Top visiting United Nations official yesterday stressed the need for multi stakeholder collaboration in Sri Lanka to ensure 

SLI surpasses own record, declares Rs.5.4 bn life bonus for 2016

Breaking all landmarks in the local insurance industry Sri Lanka Insurance (SLI) has once again declared

Fusion Marketing Guru Lon Safko to hold workshop in Colombo

Sri Lankans will have the rare opportunity of witnessing one of the world’s foremost multi-faceted personalities live in Colombo, when Sri Lanka Institute of Marketing (SLIM) hosts leading business author, inventor, strategist and futurist, Lon Safko for a workshop on the 27thMay.

Sarva Integrated celebrates 11 years of explosive growth

Sarva Integrated, which recently won two Gold Abbys and a Best of South Asia Award at Goafest - India, celebrated its 11th anniversary by treating the Sarva crew to tea at Kingsbury Colombo.  Started as a small, five man operation with three clients in 2005, Sarva today has over 60 employees, a portfolio of prestigious brands and a reputation for developing insight based ad campaigns that capture the market and increase client sales. Combini

Fitch assigns ‘B+(lka)’ Rating to Kotagala; Outlook Negative

Fitch Ratings Lanka has assigned Sri Lanka-based Kotagala Plantations PLC (Kotagala) a national long-term ‘B+(lka)’ rating, with a negative outlook. Fitch has also assigned Kotagala’s outstanding senior secured debentures a national long-term rating of ‘B+(lka)’.

Metropolitan Communications wins two top performance awards

Metropolitan Communications wins two prestigious top performance awards by global enterprise communication manufacturer, NEC at an Asia Pacific achievers’ awards night held in Vietnam for performance in the second half of the 2015 / 2016 financial year.

Fortinet unveils Security Fabric to protect enterprises from securtiy threats

Fortinet, the global leader in high-performance cyber security solutions, recently unveiled its Security Fabric,an integrated, collaborative, and adaptive architecture designed to deliver distributed security for global enterprises providing protections against threats from IoT and remote devices, through the infrastructure core,andinto the cloud.