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Govt. targets 4 m tourists and $ 10 b earnings by 2020

/ Thursday, 29 September 2016 00:01

Tourism Development, Christian Religious Affairs and Lands Minister John Amaratunga (centre) in conversation with University of Colombo Vice Chance...


Karu Jayasuriya turns 76: Always for his fellow citizens and the nation

/ Thursday, 29 September 2016 00:01

     By  Krishantha Prasad Cooray Much can be written about any individual who has lived 76 years. A lot happ...


Veteran city hotelier Shanthikumar hits out at move to abolish minimum room rate

/ Thursday, 29 September 2016 00:01

President City Hotels Association,  Vice President Tourist Hotels Association and Ramada Colombo Director M. Shanthikumar &nb...


Fitch places Distilleries on rating watch negative

/ Thursday, 29 September 2016 00:00

Fitch Ratings has placed Distilleries Company of Sri Lanka PLC’s (DIST) National Long-Term Rating of ‘AAA(lka)’ on Rating Watch N...


Rate announcements after bond markets close

/ Thursday, 29 September 2016 00:00

  The Central Bank yesterday assured it would continue to improve transparency in the Treasury Bills and Bond market with rates to be ...


Computer literacy up to 27% in Sri Lanka; 1 out of 4 households has a computer

/ Thursday, 29 September 2016 00:00

According to a National Survey conducted by the Department of Census and Statistics, Computer Literacy in Sri Lanka has increased from 16.1% in 200...


Rupee ends weaker on importer dollar demand

/ Thursday, 29 September 2016 00:00

  Reuters: The rupee posted its third straight session of losses on Wednesday, as the dollar demand from importers exceeded greenback ...


Stock market up as banks gain on rate decision

/ Thursday, 29 September 2016 00:00

Reuters: Sri Lankan stocks closed higher on Wednesday, hitting a more than three-week closing high, led by gains in banking stocks after the centra...


$ 2 b India-SL investment largesse

/ Wednesday, 28 September 2016 00:25

Love thy neighbour? India’s Minister of Commerce and Industry  Nirmala Sitharaman and Development Strategies and Intern...


ADB revises down growth forecast for Sri Lanka in 2016 and 2017

/ Wednesday, 28 September 2016 00:20

Manilla: Asian Development Bank (ADB) has lowered the economic growth forecast for Sri Lanka Tuesday saying growth prospects for Sri Lanka edge low...


Tea crop dip in August worst in a decade

/ Wednesday, 28 September 2016 00:20

Sri Lanka’s tea crop has plunged to a 10-year low in August, further worsening the first eight months’ production. Asia Siyaka Commod...


Bond boy Perpetual Treasuries profits boom over 400% to Rs. 5.1 b

/ Wednesday, 28 September 2016 00:20

Primary dealer Perpetual Treasuries Ltd., which figured in the controversial bond trading that triggered an uproar in financial markets and politic...


Citrus announces strategic corporate restructure

/ Wednesday, 28 September 2016 00:19

The Citrus Group of Companies yesterday announced an overall strategic restructuring plan of its group yesterday.  The proposed strategic re...


Indian Minister of Commerce holds discussions with PM

/ Wednesday, 28 September 2016 00:01

Indian Minister of Commerce and Industry Nirmala Sitharaman was on an official visit to Sri Lanka this week. During her visit, she held di...


Cinnamon Life announces launch of second residential tower ‘The Suites at Cinnamon Life’

/ Wednesday, 28 September 2016 00:01

From left: Suresh Rajendra - President, Property Sector, Roshanie Jayasundera Moraes - Chief Marketing Officer/Executive Vice President for the Pro...


Lanka slips in global competitiveness ranking; India best performer

/ Wednesday, 28 September 2016 00:01

Sri Lanka has slipped three positions to languish at number 71 in the latest ranking of global competitiveness by the World Economic Forum...


Overseas Realty to raise Rs.7.2 b via Rights for Havelock City

/ Tuesday, 27 September 2016 00:32

Overseas Realty, the largest listed property company in Sri Lanka, is going for a Rs. 7.2 billion Rights Issue, one of the biggest in rece...


Fin Min downplays impact of VAT hike on traders

/ Tuesday, 27 September 2016 00:31

Argues 15% VAT would not be charged on total turnover but only on goods taxed under VAT  Says large number of exemption...


Activists cry foul over attempts to reinstate Lankaputhra Chairman

/ Tuesday, 27 September 2016 00:30

By Charumini de Silva A new chapter of the saga at State-owned Lankaputhra Development Bank (LDB) has begun with critics contending the Central B...


Commercial Bank of Maldives commences operations

/ Tuesday, 27 September 2016 00:29

Maldivian President Abdulla Yameen Abdul Gayoom attends launch in capital Malé ​Maldivian President Abulla Yameen Abdul Gayoo...


Today's Columnists

Connected Finance: Setting up your business for higher gains

29 September 2016

By Asanka Abeysinghe  Technology today is changing and shaping the scope of the financial industry at a rapid pace. Customers are frequently looking for more convenient ways to interact with their respective financial institutions and carry...


Lesson from last policy decision of the Fed and BoJ

29 September 2016

  The Federal Reserve System (the Fed) and Bank of Japan (BoJ), two of the main central banks in the world, announced their monetary policy changes on 21 September.  The Fed’s decision was a testimony that the ce...


How to get non-finance colleagues to listen to you when you talk finance: Tips for CFOs

29 September 2016

  Why aren't they listening? Here are several reasons why it can be difficult to get non-financial staff to pay attention to the numbers: They may be intimidated by financial data Finance, similar...


Constitutional paradox: Is Election Commission answerable to people?

29 September 2016

  According to Hindu magazine published in India, the Sri Lankan Foreign Minister Mangala Samaraweera was quoted as saying, “Sri Lanka’s new draft Constitution could be presented in Parliament before the next Budg...


Columnists More