Early Bird

State run Bank of Ceylon is coming up with a 14+ savings account targeting the growing 14 to 18 year labour market and student population. State run Bank of Ceylon is coming up with a 14+ savings account targeting the growing 14 to 18 year labour market and student population. Kicking off in August, the […]

Old Story

A recent study of Sri Lanka’s ageing population shows that the island is not prepared to look after its senior citizens.A recent study of Sri Lanka’s ageing population shows that the island is not prepared to look after its senior citizens. The UK based Overseas Development Institute (ODI) in a study earlier this year says […]

Time Trap

The clock is ticking on a world trade negotiation deadline but the members of the World Trade Organisation are still at each other’s throats. The clock is ticking on a world trade negotiation deadline but the members of the World Trade Organisation are still at each other’s throats. On Thursday Australia, Brazil, the EU, India […]

Inflation figures for July rise, pushed up by import costs and drought

Sri Lanka’s inflationary rate for July rose marginally over June, as a prolonged drought and higher import costs pushed key food prices up. Sri Lanka’s inflationary rate for July rose marginally over June, as a prolonged drought and higher import costs pushed key food prices up. The Central Bank said Friday that the trend deviated […]

Cop explodes grenade while hugging his girlfriend

A constable exploded a grenade, killing himself and his estranged fiancee, at the police garage in the Sri Lankan capital Colombo Friday, an official told AFP.A constable exploded a grenade, killing himself and his estranged fiancee, at the police garage in the Sri Lankan capital Colombo Friday, an official told AFP. The man ordered colleagues […]

” series currency notes

The Central Bank is coming out with a fresh batch of new currency notes called “Sri Lanka Heritage Series.” The Central Bank is coming out with a fresh batch of new currency notes called “Sri Lanka Heritage Series.” The new series will cover all denominations – Rs. 1,000, Rs. 500, Rs. 50, Rs. 10 – […]

Changing Guard

First Capital Group’s Chief Executive Ajith Devasurendra quit on Thursday, sparking off speculations that Singer (Sri Lanka) may pick up his stake.First Capital Group’s Chief Executive Ajith Devasurendra quit on Thursday, sparking off speculations that Singer (Sri Lanka) may pick up his stake. After nearly 20 years of successful partnership, Devasurendra said he is selling […]

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