COMBank makes 2016 spectacular year

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COMBank Chairman Dharma Dheerasinghe (left) and MD Jegan Durairatnam   Becomes first private bank to cross Rs. 1 trillion ...

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DFCC records outstanding performance for 2016

Thursday, 23 February 2017 00:44 Views - 25

DFCC’s Profit after Tax (without extraordinary capital gains) in 2016 has crossed the Rs. 3 billion mark for the first time in the bank&rsquo...

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Pan Asia Banks posts record high profit of Rs.1.8 b in 2016

Thursday, 23 February 2017 00:42 Views - 24

Full year profit after tax rises by 20.3% to cross Rs.1.25 b mark 4Q’16 profit after tax rises by 19.5% to Rs.346 mill...

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11 MR-regime ‘closed files’ of market manipulation reopened by SEC

Thursday, 23 February 2017 00:40 Views - 25

By Charumini de Silva Capital market regulator, the Securities Exchange Commission (SEC) on Tuesday revealed that it had reopened files of 11 mar...

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Govt. defends Port City tax concessions

Wednesday, 22 February 2017 00:00 Views - 732

  Malik insists new agreement favourable to SL, defends tax holiday  JVP rejects passing tax incentives un...

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Seylan Bank achieves milestone with net profit of Rs. 4 b in 2016

Thursday, 23 February 2017 00:43 Views - 25

Total assets up by 20% to Rs. 356 b Net Loan book grows by 22% to Rs. 236 b Customer deposits grows by 22% to Rs. 2...

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Special Infrastructure Company to lobby for loans and manage mega road projects

Thursday, 23 February 2017 00:41 Views - 27

Fully-owned by Government with majority of shares to be held by RDA  Company to be authorised to lobby for loans All exp...

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Cabinet approves $ 75 m WB loan to upgrade financial sector

Thursday, 23 February 2017 00:39 Views - 24

Cabinet yesterday approved a $ 75 million loan from the International Development Association (lDA) of the World Bank to fund a financial sector mo...

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January inflation up 4.2%

Wednesday, 22 February 2017 00:00 Views - 523

The year-on-year inflation based on the National Consumer Price Index (NCPI) has increased to 6.5% in January 2017 from 4.2% in December 2016. ...

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TNA commends Government’s efforts to bring in constitutional reforms

Thursday, 23 February 2017 00:37 Views - 25

The importance of the “satisfactory conclusion” of the processes in a genuine and purposeful manner to ensure “permanent peace wi...

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Sirisena calls for unity at meet with SLFP electoral organisers

Thursday, 23 February 2017 00:36 Views - 17

A meeting between President Maithripala Sirisena and the Sri Lanka Freedom Party (SLFP) electoral organisers was held at the President’s Hous...

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Wimal goes solo

Thursday, 23 February 2017 00:36 Views - 22

Leader of the National Freedom Front (NFF) and UPFA MP Wimal Weerawansa’s request to be recognised as a party leader severing all ties with t...

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UN wants further release of military held land in north

Thursday, 23 February 2017 00:35 Views - 20

A UN Special Rapporteur has called on the Government to continue and step up the release of the remaining 6,124 acres of the land currently held by...

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Fire in Parliament doused

Thursday, 23 February 2017 00:35 Views - 20

An alert employee of Parliament yesterday averted a fire that could have caused extensive damage to the Chamber of the House.  Noticing smok...

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Govt. faces fiery questions on women’s rights at UN

Thursday, 23 February 2017 00:33 Views - 30

By Dharisha Bastians Reporting from Geneva The Government of Sri Lanka faced tough questions from the UN women’s rights watchdog in Geneva ...

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Country is at critical point to reach political solution to ethnic issue: PM

Thursday, 23 February 2017 00:36 Views - 30

  Confident of arriving at a political solution acceptable for all concerned, Prime Minister Ranil Wickremesinghe yesterday s...

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UNHRC to take up SL report on 22 March

Thursday, 23 February 2017 00:36 Views - 24

The UN Human Rights Council (UNHRC) will take up for consideration the report of the United Nations High Commissioner for Human Rights on promoting...

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JVP demands update on SAITM shooting

Thursday, 23 February 2017 00:35 Views - 21

Recent attempts on the life of the Chief Executive of the South Asian Institute of Technology and Medicine (SAITM) were met with suspicion by the J...

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President instructs IGP to work with university authorities to prevent ragging

Thursday, 23 February 2017 00:35 Views - 21

President Maithripala Sirisena said he had instructed the Inspector General of Police to pay special attention to prevent ragging at universities c...

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SC terminates contempt proceedings against Namal

Thursday, 23 February 2017 00:33 Views - 24

By S.S. Selvanayagam The Supreme Court on Tuesday terminated the contempt proceedings against Hambantota District Parliamentarian Namal Rajapaksa...

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No objections to appointment of High Court Judge R. Kannan: BASL

Thursday, 23 February 2017 00:32 Views - 28

By T. Farook Thajudeen The Bar Association of Sri Lanka, through a circular, stated that there was much speculation relating to the appointment o...

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Today's Columnists

Mobilising against measles

23 February 2017

The WHO South-East Asia Region is making rapid progress against vaccine-preventable diseases. The Region was certified polio-free in 2014. Maternal and neonatal tetanus was routed in 2016. And routine immunisation for diseases such as diphtheria a...


A prelude to the accountancy profession

22 February 2017

An honourable profession  It is an honour to share such a great profession as a Chartered Accountant (CA). A profession that has been evolved over thousands of years, weathered various storms and tested for time. Accountancy professio...


‘Better plan’ for solar energy and coal-hydro compatibility

22 February 2017

By K.C. Somaratna Introduction I was very happy to see that two-page advertisement in Daily FT on the first ever PV Solar park at Hambantota commissioned to develop 10 MW and I could imagine how happy the Minister and State Ministe...


Rationale for mandatory credit allocations: A counter view

21 February 2017

By Joan de Zilva Moonesinghe “Whatever ‘name’ is given to a just social system, nevertheless not its name but its content is what is important, andcalls for a ‘strong juridical framework’, that is, a legal ...


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