Minister of Plantation Industries Honorable Navin Dissanayake visited the Colombo Tea Auction on Wednesday, as the world’s largest single origin tea auction saw more activity as the global tea prices have started to recover, after a recent slump experienced. Minister Dissanayake, who was accompanied by the Sri Lanka Tea Board Chairman Mr.Rohan Pethiyagoda and the […]

The Asian Banker names BOC as strongest bank in Sri Lanka 2015

  Sri Lanka’s No.1 Bank, the Bank of Ceylon was named as the only “Strongest Bank” in Sri Lanka for the year 2015 by the Asian Banker, in an independent research carried by the region’s most authoritative provider of strategic business intelligence to the financial services community. The announcement was made at a ceremony held […]

Ravi K launches Fairway Holdings latest project

Fairway Holdings, a name synonymous with quality luxury apartment developments, launched their sixth large scale apartment project, in Koswatta, Battaramulla on Sunday 1st November. An ‘Open Day’ was held on this day for all prospective homeowners to meet the Fairway team at the site and discuss their requirements.The project is situated in close proximity to […]

Earn FlySmiLes miles on SriLankan Holidays

SriLankan Airlines’ FlySmiLes frequent flyer members can now earn and redeem miles on SriLankan Holiday packages in and out of Sri Lanka.While FlySmiLes members are able to earn miles when purchasing holiday packages, allowing them to earn more miles than what they accrue on their flights, non-FlySmiLes members too can enroll themselves on-line before purchasing […]

Fitch rates DFCC Bank debenture issue at AA-(lka)( EXP)

Fitch Ratings has today assigned DFCC Bank PLC’s (DFCC; AA-(lka)/Stable) proposed senior unsecured debentures of up to LKR10bn an expected National Long-Term Rating of ‘AA-(lka)(EXP)’. The proposed debentures, which will have tenors of four and six years and carry fixed and floating coupons, will be listed on the Colombo Stock Exchange. DFCC expects to use […]

China, India and Hong Kong top investors in Sri Lankan real estate: Lamudi

China, India and Hong Kong are the top three countries currently investing in the Sri Lankan real estate market, according to new research from online real estate platform, Lamudi Sri Lanka.Lamudi Sri Lanka ranked the leading countries investing in Sri Lanka based on foreign direct investment (FDI), number of upcoming projects and buildings currently underway.With […]

Sri Lanka Telecom opens trading at CSE

Sri Lanka Telecom PLC (SLTL) opened trading on the Colombo Stock Exchange (CSE) yesterday (November 2). This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index. Chairman Mr. P.G. Kumarasinghe Sirisena, Group Chief Executive Officer Mr. Dileepa Wijedsundera, Chief Marketing Officer Mr. Ajantha Seneviratne, Chief […]

Colombo Stock Exchange opens trading at London Stock Exchange

Minister of Finance, Ravi Karunanayake opened trading at the London Stock Exchange on 30th October 2015 together with the Chairman of Colombo Stock Exchange, Vajira Kulatilaka and the Director General of the Securities and Exchange Commission of Sri Lanka, Vajira Wijegunawardene.

‘s maiden international championship

EZY Racing, the first ever Sri Lankan based motor racing team to compete internationally in a FIA accredited Championship were given their very first International Championship in just their second year in International Motor Sports, when their driving prodigy Mike Young secured the FIA Production Cup for 2015 for the Cusco EZY Racing Subaru Team […]

Majoritarianism, very centre of post-independence failure: FM Mangala

Speech by Foreign Minister Mangala Samaraweera at the Commemoration of the 25th Anniversary of the Expulsion of Muslims from the Northern Province. I would like to thank the Sri Lanka Muslim Congress for organizing this commemoration of the 25th Anniversary of the Expulsion of Muslims from the North. At this historic juncture, when Sri Lanka is grappling […]

MR with Lawyers at BMICH

Former President Mahinda Rajapaksa on Thursday appeared before the Presidential Commission of Inquiry to Investigate and Inquire into Serious Acts of Fraud, Corruption and Abuse of Power, State Resources and Privileges (PRECIFAC) with regard to the alleged non-payment of bills to state owned ITN.

Indira, the first woman Chair of Lanka exports

The first woman to lead Sri Lankan exports took the helm of country’s apex export facilitator EDB on 29 October. “I am very confident of making a positive contribution to the export effort of our country” said Indira Malwatte (new Chairperson & CEO of EDB) on 29 October in Colombo. New EDB Chairperson Malwatte said […]

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