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SL is open for biz must come from private sector too: US envoy

/ Thursday, 30 June 2016 00:58

By Uditha Jayasinghe  Sri Lanka’s “open for business” message must also come from the private sector, America’s top ...


SriLankan Airlines staff up in arms against loss of BIA ground handling

/ Thursday, 30 June 2016 00:57

BY Kumarasiri Prasad SriLankan Airlines employees yesterday signed a petition against the Government’s plan to handover all ground handling...


NSB retains AAA rating for 14th consecutive year

/ Thursday, 30 June 2016 00:57

The premier savings bank of the country, National Savings Bank has been reaffirmed AAA National Long Term rating by Fitch Ratings Lanka for the 14t...


Sri Lanka ranks 50th in Human Capital Index, bright spot for South Asia region

/ Thursday, 30 June 2016 00:56

Sri Lanka was ranked at 50th position globally on the Human Capital Index, which quantifies how 130 countries are developing and deploying their hu...


Govt. plans International Financial Centre

/ Thursday, 30 June 2016 00:54

  By Uditha Jayasinghe  Motivated by growing global economic challenges, the Government yesterday rolled out an ambitious plan to est...


Govt. to impose Capital Gains Tax on stocks: Champika

/ Wednesday, 29 June 2016 01:01

Reuters: Sri Lanka intends to impose a Capital Gains Tax on profits from equities, a senior Government Minister said late on Monday, as the Governm...


PM to kick off Sri Lanka Human Capital Summit in August

/ Wednesday, 29 June 2016 01:00

The Sri Lanka Human Capital Summit themed ‘Towards a Future-Ready Workforce’ will be on held on 11 and 12 August, with Prime Minister R...


Bangsa Jayah, Keith Bernard appointed as Joint Managing Directors of Sri Lanka Insurance

/ Wednesday, 29 June 2016 00:59

Keith Bernard has been appointed as Joint Managing Director of Sri Lanka Insurance Corporation, alongside T.M.R. Bangsa Jayah, who has bee...


President passed ball on Mahendran reappointment to COPE: JVP

/ Wednesday, 29 June 2016 00:58

By Chamodi Gunawardana The Janatha Vimukthi Peramuna (JVP) yesterday charged President Maithripala Sirisena had neglected his responsibi...


Soccer fans mock as England dumped out of Europe twice in a week

/ Wednesday, 29 June 2016 00:57

Reuters: England scored an ignominious double on Monday, becoming the first country to be dumped out of Europe twice in a week and in the process l...


ADB signs co-advisory agreement with Sumitomo Mitsui Bank to expand East Container Terminal

/ Wednesday, 29 June 2016 00:56

The Asian Development Bank (ADB) and Sumitomo Mitsui Banking Corporation (SMBC) have signed a co-advisory services agreement to provide co-advisory...


Tourist hotels to see stars

/ Tuesday, 28 June 2016 00:34

New Gazette issued to give star ratings to every hotel under new regulations  Aims to introduce 21 new codes in tourist facilitie...


Amana Takaful Life announces Rs. 75 m IPO

/ Tuesday, 28 June 2016 00:33

First segregated Lankan Life Insurer to announce IPO post segregation of Insurance industry   Rs. 75 m IPO, via an Offer for Sale...


‘Frexit’ for SriLankan Airlines

/ Tuesday, 28 June 2016 00:32

National carrier suspends flights to French capital Paris and Germany’s Frankfurt in winter Airline’s statement says ...


CB rejects all bids for $ 250 m SLDB issue

/ Tuesday, 28 June 2016 00:31

The Central Bank yesterday rejected all bids received for the latest issuance of Sri Lanka Development Bonds (SLDBs) worth $ 250 million. The iss...


Sarath Fonseka to get UNP membership

/ Tuesday, 28 June 2016 00:31

Regional Development Minister Field Marshal Sarath Fonseka is expected to join the United National Party (UNP), party sources revealed yesterday. ...


Abans Finance to place 20% stake with Ironwood for Rs. 277 m

/ Tuesday, 28 June 2016 00:31

Abans Finance Plc Board has resolved to sell a 20% stake of the Company to Ironwood Investment Holding Ltd., for Rs. 276.7 million. This will be ...


Issuance of car permits to MPs: FR violation petition filed in SC

/ Monday, 27 June 2016 00:00

By S.S. Selvanayagam A public interest litigation activist filed a Fundamental Rights petition challenging the issuance of car permits to all Par...


Softlogic and Fairfax Asia establish key partnership

/ Monday, 27 June 2016 00:00

Softlogic Holdings PLC and Fairfax Asia on Friday announced that they have signed an agreement to enter into a 10-year exclusive general insurance ...


PM launches fresh Brexit backup plan

/ Monday, 27 June 2016 00:00

Prime Minister Ranil Wickremesinghe elaborates his plans for Sri Lanka’s economic future – Pic by Pradeep Pathirana As the worl...


Today's Columnists

BBS’ threat of an Aluthgama repeat

30 June 2016

The threat of repeating Aluthgama is tantamount to admission of responsibility for the pogrom of Aluthgama on 15 June in 2014     I have been accused by many in comments to my articles that I continue to ...


A closer look at the paddy value chain

30 June 2016

Except for a very few farmers in the country, the majority of paddy farmers are small-scale  operators     Introduction The popular notion about rice millers is that they exploit the paddy farmer...


“Prime Minister is after me”: Mahindananda

30 June 2016

“The Prime Minister is after me,” claims Parliamentarian Mahindananda Aluthgamage. The former Sports Minister says Premier Wickremesinghe is intimidating him on a personal level following his involvement in matters with regard to the C...


Brexit success and the response of universities

29 June 2016

 W.A. Wijewardena in his Daily FT column on 27 June questions whether the UK Universities and the research sector is the biggest casualty in the aftermath of Brexit. Apart from the financial implications, if Brexit is a sign of a trend toward...


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