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  • Dr Mahathir Launches New City Apartments Project
    Sat, 13 Dec 2014 19:15:22 +0000 - The ‘New City Apartments’ residential project by Quest Ventures was launched in Hambantota on Tuesday, December 9 by Dr Mahathir Mohamad, former Prime Minister of Malaysia. Quest Ventures is a subsidiary of the Maju Group, a leading Malaysian conglomerate which is investing in real estate developments across Sri Lanka. The event was als... read more
  • ‘What Counts Is Purchasing Power, Not Per Capita Income’
    Sat, 13 Dec 2014 19:10:40 +0000 - Purchasing power, not per capita income, is what counts, said Dr Mahathir Mohamad, former Prime Minister of Malasia in Colombo on Tuesday. “For example a Malaysian Ringgit is worth about one third of a US dollar or less. Yet the purchasing power of the Ringgit was such that it was equivalent to one US dollar. [...]read more
  • US$ 200 Million Transport Hub
    Sat, 13 Dec 2014 19:08:17 +0000 - To ease passenger hardships in Colombo A joint collaboration agreement was signed on Wednesday, December 10 in a bid to ease the problems faced by commuters who arrive and depart from Colombo, the capital city. According to Dhammika Perera, Secretary Ministry of Transport Sri Lanka, who spoke to the media after the signing of the [...]read more
  • Rain Causes Rise In Veg Prices
    Sat, 13 Dec 2014 19:07:59 +0000 - The prices of vegetables at the Dambulla Economic Centre has gone sky high as a result of low supplies due to heavy rain. A kilogramme of capsicum at the Dambulla Economic Centre is sold at Rs.350 and the prices of other vegetables too have been on the rise over the past few days and have [...]read more
  • NBEA Awards On Tuesday
    Sat, 13 Dec 2014 19:06:46 +0000 - The National Business Excellence Awards 2014 will be conducted for the 11th consecutive year at the Colombo Hilton on December 16. Robyn Mudie, the High Commissioner of Australia in Sri Lanka will grace the occasion as the chief guest. The ceremony will be held amidst a distinguished gathering of invitees, diplomats, heads of corporates, ... read more
  • Sampath Triumphs At CCC Sustainability Awards 2014
    Sat, 13 Dec 2014 19:05:49 +0000 - Sampath Bank, steadfast in their commitment of giving back to the society, has been aptly recognized for their successful CSR projects at the Best Corporate Citizen Sustainability Awards 2014, organized by the Ceylon Chamber of Commerce. The award ceremony, held at the Cinnamon Grand Hotel, Colombo, on November 25, recognized the untiring efforts o... read more
  • Arpico Supercentre Unveils Dazzling Transformation
    Sat, 13 Dec 2014 19:04:28 +0000 - Christmas shopping is set to scale new heights this year as Arpico Supercentre unveils a spectacular seasonal makeover at its flagship store at Hyde Park Corner, projected by the retail giant as ‘Where Christmas Begins.’ A 20-foot Christmas tree with decorative gift boxes stacked below and lit gift boxes at the entrance provide an inkli... read more
  • Energynet Solar PV Systems Make Their Mark
    Sat, 13 Dec 2014 19:03:29 +0000 - The solar PV systems launched by Energynet have proved to be a success in Sri Lanka. The cost of electricity, even after the recent reduction, is still almost 4 times the cost of producing electricity from Solar PV.Solar PV is a reliable yet affordable solution for high electricity consumers whose electricity bill exceeds Rs.20,000 per [...]read more
  • Tropic Of Linen To Open Boutique In Colombo
    Sat, 13 Dec 2014 19:02:14 +0000 - Home-grown clothing label, Tropic of Linen opened a boutique in Colombo yesterday, December 13. Specialising in premium linen apparel for men and women, Tropic of Linen has been retailing at the Orchid House at the historic Galle Fort heritage site, for overseven years. However the opening of the Colombo boutique, situated at No. 1 Wijerama [...]read more
  • Seylan’s 50th School Library Under ‘Seylan Pahasara’ In Chilaw
    Sat, 13 Dec 2014 19:01:40 +0000 - St Sebastian’s Navodhya College in Egodawella, Chilaw received a fully-fledged library including multimedia facilities from Seylan Bank as part of the bank’s ‘Seylan Pahasara’ Corporate Social Responsibility initiative aimed at establishing 100 fully-fledged school libraries by 2016. The fully-fledged library, the 50th miles... read more



  • Price Reduction
    Ceramic and Glass Council wants price of Furnace Oil reduced
  • Debenture Issue
    Sri Lanka’s Siyapatha Finance debenture issue oversubscribed
  • Debenture Issue
    Sri Lanka’s Singer PLC’s debenture oversubscribed
  • Debenture Issue
    Sri Lanka’s Seylan Bank debenture oversubscribed
  • Web Search
    Sri Lanka tops web searches on Google for the term “sex”
  • Human Smuggling
    Australia to continue tough border protection measures against maritime human smuggling
  • Debenture Issue
    Sri Lanka’s Sanasa Development Bank’s right issue oversubscribed
  • Credit Line
    Sri Lanka’s HNB to establish $ 50 mn credit line with Korean Exim Bank
  • Audi A3
    Sri Lanka launches Audi A3
  • Constituent Changes
    Sri Lanka S&P Sri Lanka 20 Index to make constituent changes
  • Private Equity
    Sri Lanka to launch a US$50mn private equity fund
  • External Trade
    Sri Lanka external trade crunched in October 2014: Trade deficit widen significantly: Central bank
  • Economic Growth
    Sri Lanka economy will grow irrespective of prevailing political situation in the Island : Official
  • Restructuring
    Sri Lanka’s The Finance Company PLC continues second phase of restructuring
  • Policy Rate
    Sri Lanka policy rates unchanged: Inflation declines due to crude oil prices: Central Bank
  • IPO
    Sri Lanka's Rs 79.5mn Arpico Insurance IPO oversubscribed
  • Economic Growth
    Sri Lanka’s growth relies on tapping in to global markets, says Economist
  • Tax Concession
    Belarus removes tax for Sri Lanka exporters
  • Encouragement
    Sri Lanka encourages people in North to invest in CSE to raise capital for businesses
  • Export Jump
    Sri Lanka Jan-Oct exports up by 8.7 pct to $9bn





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