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  • No Need For Fuel Price Hike
    Sat, 19 Apr 2014 19:00:44 +0000 - By Indika Sri Aravinda There is no need to increase fuel prices in the upcoming months if the fuel prices in the world market remains the same, says the Ceylon Petroleum Corporation. Managing Director of the CPC, Susantha Silva told The Sunday Leader that the reported loss of the Corporation in 2012 was 84 billion rupees where [...]read more
  • More Cruise Ships To Hambantota Port
    Sat, 19 Apr 2014 18:59:02 +0000 - The luxury cruise liner MS. AMADEA called at Magam Ruhuupura Mahinda Rajapaksa Port (MRMRP) in Hambantota early this month with 479 passengers comprising 423 German nationals and 322 crew. According to the local agents for M/S Amadea, Ceyline Shipping Ltd., their principals have scheduled calls at MRMRP in Hambanthota on a long-terms basis due to [... read more
  • Rubber Industry Facing Losses
    Sat, 19 Apr 2014 18:58:42 +0000 - The Rubber industry is experiencing continuous price declines since 2012. With the cost of production increasing and the price drop in the world market, the Rubber industry in Sri Lanka is facing great losses. According to Colombo Rubber Traders’ Association (CRTA) Chairman, M. S. Rahim, over the last three years, the rubber price has fallen ... read more
  • Dwindling Labour, Serious Issue In Tea Industry
    Sat, 19 Apr 2014 18:57:08 +0000 - Availability of labour in future for the Tea Industry will be low due to the difficulty of retaining the next generation of workers due to changing of lifestyles, says Roshan Rajadurai, Chairman, Planters’ Association of Ceylon. “We have a serious issue of dwindling labour. Aspirations and dreams are not towards manual work. The free ed... read more
  • Harsha Calls For Employee Representation Management of the Provident Fund
    Sat, 19 Apr 2014 18:56:08 +0000 - It is a national tragedy that the Employees Provident Fund (EPF) has still not submitted to Parliament its audited accounts for the year 2011 as required by law, says Harsha de Silva, MP and Economic Affairs Spokesperson for the United National Party (UNP). This is notwithstanding the cynical press releases by the Central Bank ‘warning’... read more
  • Number of Domestic Airlines Increased To Nine
    Sat, 19 Apr 2014 18:55:06 +0000 - Another two companies, Fly Me (Pvt) Ltd. and IWS Aviation (Pvt) Ltd, have applied for certification to operate domestic air services. According to the Civil Aviation Authorities, with the two newcomers, the number of companies operating domestic air services will rise to nine. At present, the existing companies operate 14 aircraft – eight air... read more
  • Nations Trust Bank Opens 75th Branch In Tissamaharama
    Sat, 19 Apr 2014 18:54:56 +0000 - Nations Trust Bank extended their reach with the opening of the 75thbranch in Tissamaharama – a strategic location in the Hambantota district. The town of Tissamaharama consists of a number of business ventures and Nations Trust Bank will offer many innovative products and services together with an unparalleled service of 365 day banking with... read more
  • BPC Performs Avurudu Ganu-Denu With The President At Tangalle
    Sat, 19 Apr 2014 18:53:18 +0000 - Bank of Ceylon performed Avurudu Ganu-Denu with President Mahinda Rajapaksa on April 15 at the Tangalle branch. BOC Directors Chandrasiri de Silva and Ms. Nalini Abeywardene, BOC General Manager D. M. Gunasekara, BOC AGM Southern Province D. K. N. Piyasoma and BOC Tangalle Branch Manager G. A Gnanawickrama participated along with the BOC Tangalle b... read more
  • Four Biggest ‘Cats’ To Accelerate H’tota, Colombo Port Projects
    Sat, 19 Apr 2014 18:52:06 +0000 - UTE achieved a significant milestone recently by securing an order for four 390D L Cat Hydraulic Excavators, which will be used to strengthen the ongoing Hambantota and Colombo South Harbour projects. The machines were handed over on April 10 at a ceremony attended by officials of UTE, Caterpillar and China Harbour Engineering – the main [...... read more
  • CEAT Celebrates Market Leadership With Awards Gala
    Sat, 19 Apr 2014 18:51:02 +0000 - CEAT’s achievement of overall leadership of Sri Lanka’s tyre market in the Bias as well as Radial categories was celebrated in characteristic style when the top tyre brand hosted 125 of its best dealers in Sri Lanka and their families at a spectacular awards gala recently. Significant sales contributions by dealers in all product segmen... read more

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LBO
  • Cautious Deal
    Russia, West reach deal on Ukraine crisis but Obama cautious
  • Bubble Fears
    Questions on bubble as tech momentum fades
  • India Mobile
    Ex-Apple chief plans mobile phone for India Origin: India
  • Precision Persistence
    Sri Lanka precision tech firm based on trust culture, persistence: founder
  • Grief
    South Korea in grief-stricken limbo over ferry tragedy
  • Tragic Event
    Sri Lanka President sends condolences to South Korea
  • Deep Dive
    Sub dives deeper in hunt for missing MH370
  • Seized
    US settlement reached to sell Iran-owned skyscraper in New York
  • Robotics
    Honda's new ASIMO robot, more human-like than ever
  • Frozen Garden
    Preglacial landscape found deep under Greenland ice
  • Price Falls
    Sri Lanka rubber growers hit by plunging prices
  • Air Moves
    Sri Lanka air passenger handling up 3.3-pct in 2013
  • Asian Morning
    Asian shares mixed after US report, Fed comments
  • Birds Flown
    Sri Lankans urged to search for President's missing macaws
  • Test Overhaul
    US college entrance test, the SAT, gets a revamp
  • Debt Offer
    Sri Lanka's Richard Pieris to sell Rs3.5bn in debt
  • Fuel Sales
    Sri Lanka's CPC losses down in 2013 but bank debt high
  • Credit Trend
    Sri Lanka could have credit upgrade on lower budget deficit, external debt: Fitch
  • Growth Number
    China's economy grows 7.4-pct in first quarter: govt
  • Air Loss
    China Southern Airlines warns of loss on weaker currency

 

 

News

Blogs
  • NTB bank opens 75th branch in Tissamaharama - logo
    Fri, 18 Apr 2014 11:13:01 +0000 - The town of Tissamaharama consists of a number of business ventures and Nations Trust Bank will offer many innovative products and ser. ... Nations Trust Bank PLC is one of the fastest growing banks in Sri Lanka today. ... In an agricultural economy, any industry is very dependent on external factors, so it is always challenging, but not a crisis. .... Forum Politics and promotions · Malaysian Oil Palms · Importance of Stock market · What is called Exercise price?
  • Attractive gifts to depositors from HNB - logo
    Fri, 18 Apr 2014 11:07:22 +0000 - April 18, 2014 (LBT) - Award winning pioneer commercial bank in Sri Lanka, Hatton National Bank (HNB) that changed the banking landscape in Sri Lanka with many innovative banking initiatives, is offering attractive gifts to ...
  • BPC performs Ganu-Denu with President at Tangalle - logo
    Fri, 18 Apr 2014 11:00:13 +0000 - You are here: Home»News»Business»BPC performs Ganu-Denu with President at Tangalle ... this Avurudu with their families and engage in Avurudu customs and rituals and thereby encouraging the upholding of the heritage of a great nation with aim of passing on to the future generations the values, principals and traditions of Sri Lanka. ... In an agricultural economy, any industry is very dependent on external factors, so it is always challenging, but not a crisis.
  • GSF for transparency, govt intervention - logo
    Thu, 17 Apr 2014 11:39:24 +0000 - Addressing the GSF annual meeting, Sean Van Dort, vice chairman of the Sri Lankan Shippers' Council said: “We are already seeing the benefits of new laws in Sri Lanka that specify that all charges for shipping containerised cargo ... surcharges not only increase the cost of doing business in Africa, but impose unacceptable burdens on the economies of West and Central Africa whose goods and commodities often struggle to compete in the modern global economy”.
  • HNB 'Rata Kasi Wasi' winners get LCD TVs - logo
    Thu, 17 Apr 2014 11:36:24 +0000 - HNB, the premier private sector commercial bank in Sri Lanka, is the super agent for MoneyGram in Sri Lanka with authority to appoint sub agents. This status was conferred on the Bank because it was the first to tie up with ...
  • Commercial Bank partners EIB Credit Line - logo
    Thu, 17 Apr 2014 11:31:42 +0000 - “The segments covered by this refinancing scheme are of critical importance to the national economy, and we are therefore extremely pleased to participate in the disbursement of this credit line,” Commercial Bank's Managing ... and engaged in offering services relating to business development and is the pioneer in conducting programmes on financial literacy and entrepreneurship skills development for SMEs in collaboration with the Central Bank of Sri Lanka.
  • Indo-<b>Lanka</b> talks in Colombo | LMD Sri <b>Lanka&#39;s</b> Pioneering <b>Business</b> <b>...</b>
    Thu, 17 Apr 2014 05:11:53 +0000 - Longstanding issues relating to fishing rights have led to bilateral talks between Sri Lanka and India from time to time. A previous attempt to hold a meeting between fishermen of Sri Lanka and India on 13 March was ...
  • S-Lon <b>Lanka</b> - LMD
    Thu, 17 Apr 2014 04:43:36 +0000 - S-Lon Lanka held its annual awards ceremony recently, recognising the skill development training of its plumbers, which was carried out in association with the National Apprentice and Industrial Training Authority (NAITA). Trade Certificates were awarded to some 200 plumbers, ... LMD Sri Lanka's Pioneering Business Magazine and Blog ...
  • CCC and Police to hold <b>Business</b> Security seminar - logo
    Wed, 16 Apr 2014 16:49:26 +0000 - April 16, 2014 (LBT) - The Ceylon Chamber of Commerce, in collaboration with the Department of Police will hold a seminar titiled 'Minimizing the risks to your Business by deciding on proper Security measures'. ... As the largest agrarian industry in Sri Lanka providing direct and indirect employment to more than two million people or nearly 10% of the population, it has contributed greatly towards rural development and urbanization of remote hilly areas by optimum ...
  • Positive sentiments follow New Year - logo
    Wed, 16 Apr 2014 12:32:57 +0000 - CCC and Police to hold Business Security seminar » ... Four massive 'Cats' to ... You are here: Home»Stock Market»Movement»Positive sentiments follow New Year. Facebook Youtube ... Institutional interest was evident in Seylan Bank and Royal Ceramics while Lanka IOC witnessed mixed interest. Further, John Keells ... In an agricultural economy, any industry is very dependent on external factors, so it is always challenging, but not a crisis.Sitting on the laurels of ...
  • Papyrus opens first 3 Samsung Stores with JKOA - logo
    Wed, 16 Apr 2014 06:22:54 +0000 - CCC and Police to hold Business Security seminar » . ... The appointment of Papyrus Papers as a franchisee in Sri Lanka for Samsung Experience Stores marks a significant diversification for the country's leading supplier of fine papers for printing, corporate stationery and Digital Quick Print services which commenced operations in 2002. ... In an agricultural economy, any industry is very dependent on external factors, so it is always challenging, but not a crisis.
  • Port City to attract US$ 20 billion investment - logo
    Wed, 16 Apr 2014 06:13:25 +0000 - April 16, 2014 (LBT) - The Port City, aims to attract US$ 20 billion worth of investments on a 15 to 20 year range.Addressing a meeting of the Sri Lanka - Germany Business Council of the Ceylon Chamber of Commerce ...
  • Sri <b>Lanka</b>-Benelux <b>Business</b> Council launches website | DailyFT <b>...</b>
    Tue, 15 Apr 2014 21:06:43 +0000 - The Sri Lanka-Benelux Business Council launched its website – www.benelux.lk – on Wednesday evening, during the council's members networking evening. The website was launched by Ambassador of the Kingdom of ...
  • Chinese <b>business</b> delegation shows interest in developing projects <b>...</b>
    Sun, 13 Apr 2014 03:52:13 +0000 - The Board of Investment of Sri Lanka hosted a 14 strong delegation from the port city of Dalian in Northern China, headed by Mr. Liu Cheng Xi. The delegation comprised entrepreneurs from a wide range of sector looking at ...
  • <b>Business</b> Class Travel&amp;all Expenses Paid Trip to Sri <b>Lanka</b> and <b>...</b>
    Sat, 12 Apr 2014 05:22:48 +0000 - by. Jonathan Miller Foreign Affairs Correspondent. An all-expenses-paid trip by five UK MPs and their partners, including business-class travel to and from Sri Lanka, is cancelled amid cross-party recriminations – hours before ...
  • Visitors to Divi Neguma fairs to reach 3 million - logo
    Sat, 12 Apr 2014 05:07:50 +0000 - CCC and Police to hold Business Security seminar » . ... As the largest agrarian industry in Sri Lanka providing direct and indirect employment to more than two million people or nearly 10% of the population, it has contributed greatly towards rural development and urbanization of remote hilly areas by optimum use of land and uplifting of social ... In an agricultural economy, any industry is very dependent on external factors, so it is always challenging, but not a crisis.
  • Sri <b>Lanka</b> – Benelux <b>Business</b> Council launches its website | Daily <b>...</b>
    Fri, 11 Apr 2014 08:37:43 +0000 - Sri Lanka – Benelux Business Council launched its website, www.benelux.lk on Wednesday evening, during the council`s members networking evening. H.E. Louis W.M. Piet, Ambassador of Kingdom of the Netherlands and Mr. Jayantha Panabokke the president of Sri Lanka – Benelux Counci, ... Stock Market. Bourse-Today-copy-24 ... Daily Nation | April 16, 2014. Nestle contributes Rs.5 Bn to SL rural economy in 2013 · sinhaputra Daily Nation | April 13, 2014.
  • Sri <b>Lanka BUSINESS</b>:: <b>LANKA</b> FASTEST NEXT TO CHINA - UK FT
    Thu, 10 Apr 2014 04:52:42 +0000 - Sri Lanka`s economy grew at a rate of 7.2 per cent over the past financial year, making the island one of Asia`s fastest-growing markets after China, states the Financial Times of London in an article. The successful issuance of ...
  • LankaWeb – <b>Economy</b> grew at 7.2% in Sri <b>Lanka</b>
    Wed, 09 Apr 2014 20:46:28 +0000 - Sri Lanka's economy grew at a rate of 7.2 per cent over the past financial year, making the island one of Asia's fastest-growing markets after China, states the Financial Times of London in an article. ..... duty on Chinese solar panels to protect US manufacturers, but that was the wrong thing to do, because it increased the price of solar and reduced the installation of solar panels in the US putting many small businesses in the solar panel installation business out of work.
  • Illusory <b>Economy</b> versus the Real <b>Economy</b> of Sri <b>Lanka</b> <b>...</b>
    Wed, 09 Apr 2014 16:17:23 +0000 - Editors note: Read the original article by the Governor of the Central Bank of Sri Lanka on Forbes.com or as a PDF here. Photo by Dinuka Liyanawatte/REUTERS, courtesy the Curionimist. ###. A Rejoinder to the Governor of ...

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