By FT News Desk Central Bank Governor Dr. Indrajit Coomaraswamy yesterday declared the rupee was under pressure more due to exogenous factors, but re ..
Friday, 21 September 2018 00:00 Views - 126
By Ashwin Hemmathagama The Government said that it has thus far been successful in curbing excess import growth and controlling the depreciation of t
Friday, 21 September 2018 00:00 Views - 209
New Delhi: Yasantha Rajakarunanayake is surprised Amazon CEO Jeff Bezos, the world’s richest man, remembers him three decades after they lost touch.
Thursday, 20 September 2018 02:27 Views - 815
The Cabinet has approved a host of Amendments, including abolition of Mansion Tax, to the Finance bill2018 approved by the Cabinetin July this year to
Thursday, 20 September 2018 02:25 Views - 1013
In keeping with its strategy of optimising and rationalising market opportunities throughout its route network, SriLankan Airlines said yesterday it w
Friday, 21 September 2018 00:00 Views - 94
By Chathuri Dissanayake As the rupee depreciates daily to new lows, National Policies and Economic Affairs State Minister Dr. Harsha Silva yesterday d
Friday, 21 September 2018 00:00 Views - 31
By Hiyal Biyagamage Defence Secretary Kapila Waidyaratne PC yesterday revealed that Sri Lanka is presently working on drafting a national policy on cy
Thursday, 20 September 2018 02:26 Views - 1129
The Central Bank yesterday directed licenced commercial banks (LCBs) to impose a 100% margin deposit requirement against letters of credit(LCs) for th
Thursday, 20 September 2018 02:24 Views - 2055
Colombo City Centre Mall by Abans and NextStory Group was ceremoniously opened by Prime Minister Ranil Wickremesinghe yesterday at Colombo 2. Convenie
Friday, 21 September 2018 00:00 Views - 19
By Skandha Gunasekara The Opposition in Parliament yesterday charged that the personal staff of Cabinet Ministers were misusing Government vehicles. J
Friday, 21 September 2018 00:00 Views - 30
By S.S. Selvanayagam The Supreme Court yesterday (20) reserved for 1 October its order on granting of leave with the Writ petitions challenging the de
Friday, 21 September 2018 00:00 Views - 15
By Skandha Gunasekara Law and Order Minister Ranjith Madduma Bandara had instructed his Ministry Secretary to initiate a ministerial investigation int
Friday, 21 September 2018 00:00 Views - 9
By Nuwan Senarathna The Joint Opposition yesterday called for Provincial Council elections to be held to prevent collapse of democracy in the country.
Friday, 21 September 2018 00:00 Views - 13
The Ambassador-designate of Sri Lanka to the Republic of the Union of Myanmar, E.M.M. Nandimithra Ekanayake presented his credentials to the President
Friday, 21 September 2018 00:00 Views - 22
Minister of Youth Affairs, Project Management and Southern Development Sagala Ratnayaka undertook an official visit to Washington DC from 12-13 Septe
Friday, 21 September 2018 00:00 Views - 11
By Skandha Gunasekara The Government presented the New Villages Development Authority for Plantation Region Bill in Parliament on Wednesday. Presentin
Friday, 21 September 2018 00:00 Views - 7
The Press Complaints Commission of Sri Lanka (PCCSL) received 116 complaints in 2017, of which 76 complaints were valid complaints falling within the
Friday, 21 September 2018 00:00 Views - 18
A delegation from the US Government’s Millennium Challenge Corporation (MCC), led by Chief Operating Officer Jonathan Nash, visited Sri Lanka this w
Thursday, 20 September 2018 02:20 Views - 207
Michel Nugawela sat down with Siddhalepa Managing Director Asoka Hettigoda and Dilmah Tea CEO Dilhan Fernando to discuss what sets apart their brands
Thursday, 20 September 2018 02:11 Views - 99
The Government yesterday agreed to increase bus fares by 4% from midnight but kept the minimum charge unchanged, Minister of Transport and Civil Aviat
Thursday, 20 September 2018 02:10 Views - 179
Sri Lanka’ largest association of bakers announced on 19 September that they are ready to slash bread prices back to previous levels, in support of
Friday, 21 September 2018
The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation
Friday, 21 September 2018
Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc
Friday, 21 September 2018
In its most innocent forms, we may all enjoy a bit of ‘fake news’ and go to bed with a lighter heart and clean conscience. A meme on Facebook urging social media consumers to caution – “You can’t believe everything you read on the internet
Thursday, 20 September 2018
The tax regime in Sri Lanka historically imposes WHT on both domestic as well as cross border payments. WHT on domestic payments eases revenue collection (e.g.: PAYE) while WHT on cross border payments are adopted by most countries to ensure that the
Thursday, 20 September 2018
The tax regime in Sri Lanka historically imposes WHT on both domestic as well as cross border payments. WHT on domestic payments eases revenue collection (e.g.: PAYE) while WHT on cross border payments are adopted by most countries to ensure that the
Thursday, 20 September 2018
Walking into an inventors’ exhibition should give one an experience similar to an immersion into the future. The world change with inventions and inventors lead the change. The creativity displayed is an indicator of the creativity of the society f
