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  • Sri Lanka Tourism Strategy: China 2015 launched with private sector
    Tue, 31 Mar 2015 20:30:54 +0000 - The marketing strategy by Sri Lanka Tourism to market China for 2015 was launched with a private-public partnership in the presence of the Deputy Mission in Charge of the Sri Lankan Embassy of the People’s Republic of China with top 65 photographers from Shanghai Photographic Association capturing the beauty of Sri Lanka under the theme [...]
  • The Eden Resort & Spa awarded TripAdvisor’s Travellers’ Choice for 2015
    Tue, 31 Mar 2015 20:28:57 +0000 - The Eden Resort & Spa was named as one of TripAdvisor’s Travellers’ Choice Hotels for 2015, amongst 25 listed in Sri Lanka alone. This award now puts The Eden on the map, amongst 8,151 hotels, B&Bs and inns around the world, which received the prestigious Travellers’ Choice award this year. Winners were determined based on [...]
  • SL one of the best countries to enjoy whale watching
    Tue, 31 Mar 2015 20:27:39 +0000 - By Charumini de Silva Project Blueprint – a joint venture between SriLankan Airlines and Whale and Dolphin Conservation (WDC), has successfully concluded another whale watch operator training workshop in Kalpitiya. The key objective of Project Blueprint is to make Sri Lanka’s waters safer for blue whales and other cetaceans. Partners associated with the project include [...]
  • Hotel School Graduates Association to hold first National Hotel Management Conference
    Tue, 31 Mar 2015 20:26:24 +0000 - The Ceylon Hotel School Graduates Association recently announced the launch of its first ever Hotel Management Conference which is scheduled to be held on 12 and 13 May at the Taj Samudra Hotel Colombo. The event, which is organised in partnership with the Hotels Association of Sri Lanka, is expected to attract a large number [...]
  • Manilal Fernando loses appeal against FIFA life ban
    Tue, 31 Mar 2015 20:25:51 +0000 - Manilal Fernando AFP: Former FIFA heavyweight Vernon Manilal Fernando saw his days in the sport ended definitively on Monday as he lost his appeal to The Court of Arbitration for Sport (CAS) to have a life ban overturned. The 65-year-old – a former member of the elite FIFA Executive Committee – received the life ban [...]
  • News Flash!
    Tue, 31 Mar 2015 20:19:38 +0000 - Given the growing support speculation was rife that the former President will be invited to take over the country by the incumbent on 1 April in a move that signifies an apparent exchange of positions – File photo.
  • Tata exits from Lankan steel biz, E.B. Creasy buys for Rs. 433 m
    Tue, 31 Mar 2015 20:17:11 +0000 - E.B. Creasy and Company Plc has acquired a 100% stake in Lanka Special Steels Ltd. from Tata Steel Ltd. for Rs. 433 million. Lanka Special Steels Ltd. (LSSL) is engaged in the business of manufacturing and supplying hot dip galvansied steel wires with an installed capacity of 14,400 metric tons per annum and has an [...]
  • Odel welcomes summer with rhapsodic tribute to ‘Flower Power’ era
    Tue, 31 Mar 2015 20:15:21 +0000 - As Sri Lanka’s fashionistas switch their allegiance to the trends of the new summer season, Odel, the country’s leading fashion retailer, is paying tribute to the era of Flower Power with its latest fashion-forward theme change across the iconic store network. ‘Bohemian Rhapsody’ – the evocative theme chosen by Odel for summer 2015 is inspired [...]
  • Ravi K showcases ‘Yahapalanaya’ at Credit Suisse forum to woo more investments
    Tue, 31 Mar 2015 20:14:21 +0000 -   Finance Minister Ravi Karunanayake last week attended Asia’s largest investment conference hosted by Credit Suisse showcasing the new Government’s ‘Yahapalanaya’ thrust to woo more foreign businesses and investors. During the 18th annual Asian Investment Conference (AIC) of Credit Suisse, the Minister was able to address some of the most influential firms in the world [...]
  • American Express, the card for all seasons!
    Tue, 31 Mar 2015 20:13:47 +0000 - As Avurudu approaches and festivities draw nearer, American Express card members will enjoy a  plethora  of savings and privileges this festive season living up to its brand promise as the ‘card for all seasons’. American Express partners with an array of leading retail clothing stores to offer card members a whopping 20% savings this Avurudu.  [...]
  • Govt. switches on 10-year energy sector plan for knowledge-based economy
    Tue, 31 Mar 2015 20:13:12 +0000 - Prime Minister Ranil Wickremesinghe yesterday unveiled the energy sector plan for the next 10 years, formulated to achieve the ambitious goal of 100% energy self-sufficiency by 2030. Launching the ‘Sri Lanka Energy Sector Development Plan for a Knowledge-based Economy, 2015-2025’ at Waters Edge last morning, the Prime Minister said the country was in need of [...]
  • Noritake hosts customers to table setting demonstration
    Tue, 31 Mar 2015 20:12:35 +0000 - Noritake Lanka Porcelain Ltd (NLPL) recently hosted a selection of its customers to an interactive demonstration in the intricacies of table setting. Conducted by its consultant Sharmini Goonetilleke, the several guests present that morning, and even friends of the media, were taken through the intricacies of table settings which also included the usage of crockery [...]
  • Gnanasara Thera grilled by special unit
    Tue, 31 Mar 2015 20:12:09 +0000 - Bodu Bala Sena (BBS) General Secretary Ven. Galagoda Aththe Gnanasara Thera was yesterday summoned by the special Police unit to investigate religious disputes, established under the Buddha Sasana Ministry. Gnanasara Thera… The Buddhist monk had been notified to appear before the unit to give a statement in connection with a complaint filed by a religious [...]
  • Dr. Jayasundera questioned by Police unit
    Tue, 31 Mar 2015 20:11:45 +0000 - Former Finance Ministry and Economic Development Ministry Secretary P.B. Jayasundera was questioned yesterday by the Police Financial Crime Investigation Division (FCID) over the controversial hedging deal in which the Government lost $ 200 million. On Monday the FCID also recorded a statement from former Central Bank Governor Ajith Nivard Cabraal with regard to the hedging [...]
  • Arpico unveils ‘Avurudu Siritha’ for 2015
    Tue, 31 Mar 2015 20:11:18 +0000 - As the country prepares for the Sinhala and Tamil New Year, the Arpico retail chain has made arrangements to provide its customers with a different experience this festive season. Customers will witness Arpico’s flagship supercentres transformed for the festive season with specific symbols such as the sun, the koel and betel leaves along with Avurudu [...]
  • Unity Mission Trust hosted ‘Dawn’ art expo and auction kicks off today
    Tue, 31 Mar 2015 20:09:22 +0000 - The Ekamuthu Oray Makkal Unity Mission Trust (UMT) will host an art exhibition titled ‘Dawn’ on 1 and 2 April, at the Lionel Wendt Art Gallery, in order to raise funds for all upcoming UMT programs across Sri Lanka. ‘Dawn’ is a special art project uniting outstanding student artists from the North and South of [...]
  • NSB boosts pre-tax profit by 360% to record Rs. 10.5 b
    Tue, 31 Mar 2015 20:09:17 +0000 -   NSB recorded the highest-ever profit before tax of Rs. 10.5 billion for the year ended 31December, 2014, an increase of 360% from previous year. The net profit after tax was recorded at Rs. 6.9 billion, a 480% increase. The bank mobilised Rs. 59.4 billion of deposits during the year and the deposit base of [...]
  • Sajin granted bail in failure to declare assets case
    Tue, 31 Mar 2015 20:08:51 +0000 - Colombo Fort Magistrate Gihan Pilapitiya yesterday granted a personal bail of Rs. 1 million with two sureties each to United People’s Freedom Alliance (UPFA) Parliamentarian Sajin de Vass Gunawardena on a case filed by the Commission to Investigate Allegations of Bribery or Corruption against him over failure to declare his assets. The Magistrate also impounded [...]
  • ‘Avurudu’ discounts at 47 retailers for Commercial Bank cardholders
    Tue, 31 Mar 2015 20:08:06 +0000 - Credit and Debit Card holders of Commercial Bank of Ceylon have once again been presented with an opportunity to save as they shop this Avurudu season, as a result of special discounts negotiated for them by Sri Lanka’s largest private bank. 47 popular retailers of clothing, footwear, textiles, jewellery and perfumes are partnering with the [...]
  • Inflation dips to all-time low levels
    Tue, 31 Mar 2015 20:02:03 +0000 - Inflation for the month of March continued its decelerating trend with the point to point dipping to an all-time low level of 0.1% while its annualised average followed suit as well to record 2.50%. The Central Bank said inflation, as measured by the change in the Colombo Consumers’ Price Index (CCPI) (2006/07=100), which is computed [...]
  • Mahinda affirms Basil will be back soon
    Tue, 31 Mar 2015 19:54:26 +0000 -   By Jayashika Padmasiri Former President Mahinda Rajapaksa yesterday assured that his brother and Parliamentarian Basil Rajapaksa, former Sri Lanka Freedom Party (SLFP) National Organiser who is currently in the US, will return to Sri Lanka soon. Rajapaksa made this announcement after attending a book launch ceremony at the Narahenpita Abayaramaya Temple. Answering a question [...]
  • PM hits out at local sports and business media
    Tue, 31 Mar 2015 19:51:54 +0000 - Prime Minister Ranil Wickremesinghe has yet again criticised the media institutions in the country. The Premier earlier criticised media heads and owners as well as senior journalists. This time around Wickremesinghe has reportedly criticised sports and business media saying they could be bought over like politicians. “Front pages of newspapers are talking of corruption. The [...]
  • Mahinda cries foul over grilling of his ex-officials
    Tue, 31 Mar 2015 19:51:32 +0000 - (Hindu) Amid claims by former President Mahinda Rajapaksa that the new Sri Lankan government is carrying out a “political witch hunt” against his associates, more senior officials of his administration were grilled by investigators on Tuesday. P.B. Jayasundera, Rajapaksa’s top bureaucrat in the Finance Ministry during his nearly decade-long rule, was interrogated by police’s Financial [...]
  • Rathgama PS Chairman’s murder main suspect surrenders
    Tue, 31 Mar 2015 19:51:02 +0000 - The main suspect in the murder of the Rathgama Pradeshiya Sabha Chairman Manoj Pushpakumara, Janith Madusanka de Silva alias Podi Lassiya surrendered to the Kalutara Magistrate Court yesterday. De Silva surrendered to the court through a lawyer over the 23 March murder of local politician Mendis. The Kalutara Magistrate ordered remanding the suspect until 6 [...]
  • Ravi Wettasinghe released ona bail
    Tue, 31 Mar 2015 19:50:36 +0000 - The Colombo High Court yesterday released businessman Ravi Wettasinghe on a surety bail of Rs. 100,000 and another two sureties of Rs.1 million each. Wettasinghe, who was in remand, was produced in Court on charges of misappropriating Rs. 75 million when purchasing 143 buses for the SLTB. Wettasinghe became the Chairman of Wesco after he [...]
  • Three Navy personnel arrested over Raviraj killing
    Tue, 31 Mar 2015 19:48:23 +0000 - Three Navy personnel were arrested and detained by the Criminal Investigation Department (CID) in connection with the murder of Tamil National Alliance (TNA) Parliamentarian Nadarajah Raviraj which happened in 2006 November. The Parliamentarian was shot dead by gunmen in Colombo and later died in hospital. Spokesman ASP Ruwan Gunasekara told media that the arrested were [...]
  • Police fire tear gas at university students
    Tue, 31 Mar 2015 19:48:00 +0000 - A tense situation occurred in Colpetty yesterday when the Inter University Student Federation (IUSF) held a protest march and was met with tear gas fired by the Police. The protest was held from Sri Jayewardenepura University to Colombo where the students attempted to march towards Temple Trees, at which point Police fired tear gas and [...]
  • JHU goes to Courts against 19th Amendment
    Tue, 31 Mar 2015 19:46:16 +0000 - The Jathika Hela Urumaya (JHU) yesterday filed a petition in the Supreme Court against the proposed 19th Amendment to the Constitution, claiming that it was a violation of the election manifesto of President Maithripala Sirisena. JHU National Organiser and Provincial Councillor Nishantha Sri Warnasinghe filed the petition on behalf of the party while JHU lawyers [...]
  • Apparel sourcing industry says FTAs and trade concessions needed, not only GSP+
    Tue, 31 Mar 2015 19:43:16 +0000 -   Texus Lanka(pvt) Ltd Raj David, Next Sourcing Ltd Chanaka Perera, Garment Services Ltd Anil Wettewe, Department of Commerce Director General R.D.S. Kumararatne, Export Development Board Chairman Bandula Egodage and George Sourcing Services Gayan Galapitage at the head table By Shehana Dain The 22nd annual AGM of the Sri Lanka Apparel Sourcing Association (SLASA) was [...]
  • JAAF takes up GSP+ issues with visiting EU delegation
    Tue, 31 Mar 2015 19:41:29 +0000 - Says industry could have achieved additional 3% to 4% if the concession had not been withdrawn At a meeting held last week between the visiting EU delegation and the representatives of the Joint Apparel Association (JAAF), the importance and value attached to the EU market to the apparel industry was highlighted and mentioned that in [...]

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