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JKH Chief welcomes Govt.’s thrust for PPPs

/ Tuesday, 31 May 2016 00:25

Says move will give rise to opportunities for Group given strong balance sheet Premier blue chip John Keells Holdings Chairman ...


Aitken Spence FY16 pre-tax profit down 33% to Rs. 3.8 b

/ Tuesday, 31 May 2016 00:24

Challenging year sees bottom line dip 43% to Rs. 2 b; Group revenue down 25% to Rs. 26 b Optimistic on future, invests ...


BOI says London Stock Exchange Group investment reflects growing investor confidence

/ Tuesday, 31 May 2016 00:23

The Board of Investment (BOI) said yesterday the decision by the London Stock Exchange Group (LSEG) to set up its global business services arm in S...


Public Utilities Commission asks licensees for regulatory accounts

/ Tuesday, 31 May 2016 00:22

The Public Utilities Commission has issued a set of accountancy guidelines to licensees who are in the business of electricity generation,  tr...


‘Sri Lanka Economic Summit 2016’ titled ‘Focus. Act. Deliver’ on 2-3 August

/ Tuesday, 31 May 2016 00:21

The ‘Sri Lanka Economic Summit 2016,’organised by the Ceylon Chamber of Commerce, Sri Lanka’s premier business grouping, will be ...


Army ordered to hand over information related to Lasantha’s murder to CID

/ Tuesday, 31 May 2016 00:21

The Mount Lavinia Magistrate court yesterday ordered the Sri Lanka Army to hand over documents and other information related to the investigation o...


History makers meet!

/ Monday, 30 May 2016 00:54

President Maithripala Sirisena with US President Barak Obama both made history in their separate ways last week with Obama becoming the fi...


Japanese firms keen on Sri Lanka’s investment potential

/ Monday, 30 May 2016 00:49

Japan External Trade Organization Chairman and CEO Hiroyuki Ishige Hitachi President Toshiaki Higashihara   ...


Indian small cars to benefit; trishaws most hit from Lankan import duty changes

/ Monday, 30 May 2016 00:47

Indian small cars are to benefit from Sri Lanka’s last week import duty changes though the dominating three-wheelers will be hard hit, accord...


Central Finance goes for share subdivision, capitalisation of reserves

/ Monday, 30 May 2016 00:47

Central Finance Plc has announced plans for capitalisation of reserves and subdivision of shares of the company. The CF Board at its meeting on 2...


SL tourism targets to up earnings by 46% to $ 3.5 b this year: John

/ Monday, 30 May 2016 00:46

Minister John Amaratunga on Friday revealed that Sri Lanka tourism is targeting $ 3.5 billion in earnings this year on the strength of 2.5 million ...


International goodwill for Sri Lanka strengthening: President

/ Monday, 30 May 2016 00:00

  President Maithripala Sirisena on Saturday declared that international goodwill for Sri Lanka was on the rise. “My...


Japan rises to Sri Lanka

/ Monday, 30 May 2016 00:00

Japanese Premier Shinzo Abe with President Maithripala Sirisena after their bilateral talks on Saturday in Nagoya, Japan. Others from left...


SMEs invited to World Islamic Economic Forum

/ Saturday, 28 May 2016 00:00

Linking Small and Medium Enterprises (SMEs) will be the focus of the 12th World Islamic Economic Forum (WIEF), which extended a formal invitation t...


PM toasts tourism

/ Saturday, 28 May 2016 00:00

By Shehana Dain Tourism will be given new direction in a five-year plan currently being compiled by the Government, affirmed Prime Minister Ranil...


President calls for greater development support, investors from G7 countries

/ Saturday, 28 May 2016 00:00

The G7 members and outreach partners pose for a family photo yesterday in Ise-Shima, Nagoya, Japan   Preside...


Shares end steady; higher rates weigh

/ Saturday, 28 May 2016 00:00

Reuters: Shares ended steady on Friday as gains led by consumer shares were offset by losses in the telecom stocks amid investor sentiment dented b...


SEC says Blue Diamond audit reveals possible fraud

/ Saturday, 28 May 2016 00:00

The Securities and Exchange Commission (SEC) has notified the Colombo Stock Exchange (CSE) to take measures to protect investors after an audit int...


World Bank officials monitor projects in SL

/ Saturday, 28 May 2016 00:00

The World Bank Board of Executive Directors completed a five-day visit to Sri Lanka to experience firsthand some of the work being implemented unde...


Rupee forwards end weaker on importer dollar demand

/ Saturday, 28 May 2016 00:00

Reuters: Rupee forwards ended weaker on Friday due to importer dollar demand amid fears that the currency could weaken if the Government increased ...


Today's Columnists

Invest in Sri Lanka needs a step change in strategy

31 May 2016

In the backdrop of the financial crisis, when the dreaded flood hit Sri Lanka, my mind went back to the time of 2007/08 when the war was ranging at its highest with the prices of petroleum touching $ 150 and foreign reserves were at just one month...


Recent floods, culprits galore

31 May 2016

The country suffered from an unprecedented drought from January to April and the populace faced the highest temperatures for decades. The monsoon was late and the arrival of rains in early May brought relief, but in a couple of weeks the relief wa...


Handagama’s latest indictment: Fantasising educated middle class should wake up from their dreams

30 May 2016

   A film director famous for indicting others Asoka Handagama, an award-winning film director of international repute, has been known for using his medium to serve contemporary society with indictments. His first movie, &lsquo...


Container fleet growth slows to lowest level

30 May 2016

Container fleet growth slows to lowest level The lowest fleet growth on record will not stop the containership fleet breaking through the 20 million TEU mark this year, according to analysis from Bimco. The shipping association said the fleet wo...


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