Top banker expects 100bps rise in interest rates

??By Chandeepa Wettasinghe Interest rates in Sri Lanka are likely to tick up by as much as 100 basis points 

SL’s unemployment edges down to 4.3%

Sri Lanka’s unemployment rate narrowed to 389,062 persons or 4.3 percent during the fourth quarter of 2015 (4Q15)

Krishan appointed as Director to JKH leisure firms

The country’s largest conglomerate, John Keells Holdings PLC has appointed Krishan Balendra as a Non- Executive Director of its leisure subsidiaries. Balendra will enter the boards of Trans Asia Hotels PLC,

Capital market regulator wants more pension fund participation in bourse

The Securities Exchange Commission (SEC) would like to see greater investments from the state-controlled private

Japanese assistance to form SL’s electricity master plan

Sri Lanka is to receive Japanese technical assistance in forming the country’s electricity master plan.

The Factory Outlet joins Earth Hour 2016

On March 19, Earth Hour 2016 was honoured by millions around the world as well as our country. From 

Expolanka provides clean water to NCP school children for Water Day

Continuing its efforts to provide clean water to school children in the country’s North Central region, Expolanka 

Trillium unveils plans for three new properties

Having transformed the way real estate is perceived in Sri Lanka with some landmark real estate development projects 

Magic launches ‘PaniAluwa’ ice cream adding seasonal flavour to its range

Magic, Sri Lanka’s No. 1 dairy ice cream, has once again unveiled its ‘limited edition’ surprise for the upcoming Sinhala and Tamil New Year season. 

Mayurapada Central College gets computer lab under E-Thilina programme

A state-of-the-art computer laboratory with 20 computers and Internet facilities was donated to Mayurapada

Fashion and protection: Sunglasses to protect your eyes

Rising temperatures are being felt all over the world and the heat is particularly severe in Sri Lanka right now

Lankan advertising takes the world by storm at APAC Cristal Awards in Shanghai

Sri Lanka, though a tiny island in the Indian ocean, boasts of a history and culture that is rich and diverse, 

Arpico helps south celebrate ‘Avurudu’ with new Supercentre in Galle

Galle has received its own Arpico Supercentre following the recent opening of the retail giant’s latest hypermarket in the heritage-rich southern port city.

Ekroma Realtors announces Elegant 16, Arya property plans in Colombo

Ekroma Realtors (Pvt.) Ltd invites customers to make ‘Elegant 16’ their new home, which will open doors in September 2017. It is a boutique apartment, located on Elvitigala Mawatha, Colombo 5. The

Frequently asked questions on rating reports

The previous article provided an overview on credit ratings. Today’s article will present a detail description

A response to RIU’s ‘Buying an apartment in Sri Lanka’

As an individual involved in real estate consultancy and a person concerned about the future of the apartment industry

Seylan Bank celebrates 28 years of banking; poised for future growth

Leading Sri Lankan bank, Seylan Bank PLC, celebrated 28 years of banking last week, consolidating its position as a leading and trusted financial services provider in Sri Lanka. 

Hayleys Kelani Valley Plantations bags Gold at JASTECA CSR Awards

A member of the Hayley’s group - Kelani Valley Plantations PLC’s (KVPL) internationally recognized corporate social responsibility (CSR) initiative - ‘A Home for Every Plantation Worker’ - was awarded the

HDFC Bank achieves strong performance in 2015

Housing Development Finance Corporation Bank of Sri Lanka (HDFC Bank) has achieved a pre-tax profit of 

Leo Burnett only Lankan agency to shine at ADFEST 2016

Leo Burnett Solutions Inc. (LBSI), the local office of the global advertising network Leo Burnett Worldwide,

CRM implementation – Planning is the key to success

In any critical company initiative, planning is the key to success. This is especially true with an initiative such 

Rising microfinance a potential risk for Lankan NBFIs: Fitch

Sri Lankan non-bank financial institutions’ (NBFIs) rising exposure to microfinance could pose a risk to their credit profiles

S-lon wins Taiki Akimoto 5S merit award

S-lon Lanka (Pvt.) Ltd was recently awarded the ‘Taiki Akimoto 5S Merit Award’ for the year 2015 at the 20th JASTECA Awards

Nivasie Developers launches Orchid Phase II in Malabe

Nivasie Developers, the pioneering property developer and a fully-owned subsidiary of International Construction Consortium (ICC),

People’s Leasing Deniyaya branch now at more convenient location

People’s Leasing & Finance PLC (PLC) re-positioned its Deniyaya branch in to a more spacious location at 

BOC installs 50th cash deposit machine in Welimada

The Bank of Ceylon (BOC) now has a cash deposit machine (CDM) network that is spread over many provinces of the country enabling BOC cardholders to transact with ease from anywhere within the country. 

SLIM presents an opportunity to make a mark at Cannes Lions Young Marketer 2016

The Sri Lanka Institute of Marketing (SLIM) in partnership with Metal Factor, 4A’s and IAA will be organising the national competition for Cannes Lions Young Marketer for the fifth consecutive year. Cannes Lions

LIOC-Faiszer Musthapha Foundation conclude ‘English for Young Learners’ project

Lanka IOC PLC, Petroleum Resources Development Minister Chandima Weerakkody and Local Government

What we need to do to ensure a strong capital market

Today, our capital market could do a lot more to rev up our economy like in some other markets in the region. Market capitalization to gross domestic product (GDP) currently is less than 25 percent. In 2010,

Lifebuoy Shampoo strengthens bonds of friendship at National Scout Jamboree

Lifebuoy Shampoo, Sri Lanka’s trusted shampoo brand, which promises stronger hair, partnered with the Sri Lanka Scout Association to be the total haircare partner for the ninth National Scout Jamboree.