Oil prices rise on talk of Russia meeting

Oil prices rose in Asia yesterday after Nigeria said key crude producers plan to meet in Russia later this month to discuss a proposed output freeze.

Legal process gets priority over foreign deals: Ports Minister

Ports and Shipping Minister Arjuna Ranatunga at a meeting held at the District Secretariat auditorium in Trincomalee recently pledged that no damage would be made to the national security in developing the country.

Tech rivals join Apple’s legal fight against Federal Bureau of Investigation

AFP: A broad array of technology firms joined Apple’s legal fight on encryption Thursday, warning of a 

Sri Lanka Tourism to achieve 4.5 mn tourists by 2020 in revised target

Following Sri Lanka failing to achieve the 2 million tourist arrival target for 2015, future targets have been amended to realistic levels, the country’s tourism chief said.  

Japan grants Rs. 26 mn for education empowerment

The Government of Japan has decided to provide a total sum of US$180,322 (approximately Rs. 26 million) 

Development Lotteries Board introduces Sanwardana Lakshapathi

The Development Lotteries Board now offers its loyal consumer a new lottery ticket titled ‘Sanwardana Lakshapathi’, giving the chance for 100 winners to win  Rs.100,000 weekly.

Liberty Motors holds dealer convention

The dealer convention of Liberty Motors Ltd was held at The Kingsbury Hotel recently where the dealers who 

Visa restrictions on Lankans travelling to Malaysia to be eased soon: official

Visa restrictions imposed on Sri Lankans travelling to Malaysia will be eased soon, Indian Community Relations 

At 100, BMW sees radical new future in world of driverless cars

REUTERS: After a century building what it calls the “ultimate driving machine”, BMW is preparing for a world in which its customers will be mere passengers, and the cars will do the driving themselves. Days

Football, Yoga and AIA in Jaffna!

Jaffna is famed for its beautiful kovils, swaying palmyrah trees, sun-shot mangoes and mouthwatering crab curry.

Colombo Dockyard says not publishing 4Q results due to order delays

The Colombo Dockyard PLC on Thursday informed shareholders it would not publish its fourth quarter (4Q15) financial statements due to delays in orders.

SLAAPS elects Executive Committee 2016

The Sri Lanka Association of Administrative and Professional Secretaries (SLAAPS) Executive Committee 2016:

Ringing the bell for gender equality

The Sri Lanka Institute of Directors together with the Colombo Stock Exchange and the International Finance

Seylan sponsors Wedding Show 2016

Seylan Bank was the official banker at the recently concluded ‘The Wedding Show – 2016’, which was held at the BMICH.

Venture Engine-powered hackathon on March 11

Sri Lanka’s pioneering entrepreneurship programme Venture Engine will be hosting a briefing and hackathon open to all interested parties on Friday, March 11, 2016, at 4:00 p.m., at the Lankan Angel Network Incubation Centre, Colombo 4.

Leo Burnett Sri Lanka’s Trevor Kennedy to serve on ADFEST 2016 jury

Trevor Kennedy, the Chief Creative Officer of Leo Burnett Sri Lanka, was recently appointed to the ADFEST 2016 jury and will join an eminent gathering of creative professionals at the upcoming festival, which is set to take place in Pattaya, Thailand this March. 

Fashion Bug holds ‘Love Rush’ this Valentines

Fashion Bug, one of Sri Lanka’s leading retail clothing chains with over 16 outlets island-wide, held an exciting, fun, free shopping experience for couples on valentines,

Holcim Lanka-Maga to work towards sustainability of construction industry

Holcim (Lanka) Ltd, a member of the LafargeHolcim group and a leading company in building materials, together with Maga Engineering (Pvt.) Ltd, Sri Lanka’s leading construction and engineering

Seylan Tikiri offers holiday at Dream World

Seylan Bank’s children’s savings account – Seylan Tikiri – yet again ushers joy and amazement into the life of five young, promising Grade 5 scholarship achievers and Tikiri Creative Till Competition winners.

FROM SKYLINES TO TIMELINES, EARTH HOUR SHINES A LIGHT ON CLIMATE ACTION

Following a landmark year for climate change WWF’s (World Wide Fund for Nature) Earth Hour is calling on people around the world to escalate the charge and be a part of the global momentum. 

Atlas supports teacher training programmes in arts and crafts

As Sri Lanka’s leading manufacturer of stationary and related products, Ceylon Pencil Company understands the importance of empowering preschool teachers with up-to-date know-how on early childhood

HNB invests in solar power to reduce carbon footprint

With the aim of carrying out its operations in an environmentally sustainable manner, Hatton National Bank

Tea sales average low for second consecutive month

The tea industry continues to witness dampened progress with February sales average remaining within bearish territory for the second consecutive month this year.

EWIS to set up US$ 50 mn tech plant in Bangladesh

Local digital device manufacturer EWIS Colombo Limited (EWIS) entered into a joint venture with Bangladesh’s

China eagerly looking forward to PM’s visit: BOI

Prime Minister Ranil Wickremesinghe’s forthcoming visit to Beijing is being eagerly awaited by the Chinese leadership as a timely opportunity to strengthen bilateral relations, Sri Lanka’s Board of Investments

CB in talks with donor agencies to boost commercial agriculture

The country’s monetary authority the Central Bank is currently engaging in discussions with international development funds to set up model farms to venture into commercial agriculture and uplift 

CSE to give investment insight via bourse games

??By Shabiya Ali Ahlam The Colombo Stock Exchange (CSE) is to introduce mock trading for inexperienced investors through a gaming platform, an upgrade to its trilingual educational web portal launched

Norway’s $810 bn wealth fund to question companies on human rights

REUTERS: Norway’s $810-billion sovereign wealth fund, the world’s largest, said on yesterday it would raise its focus on global human rights to ensure that companies it invests in follow ethical standards. “We’

SEC “deliberating” minimum public float rules: Thilak K

Capital Market regulator Securities and Exchange Commission (SEC) is currently “deliberating” on the mandatory 

Land Rover wildlife conservation: We Care at CFW 2016

Land Rover was proud to partner with one of the most anticipated events of the year - Colombo Fashion Week 2016 for its sixth consecutive year.