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WB, IMF hail progress of economic development in Sri Lanka: Ravi K

/ Monday, 24 April 2017 00:55

Two multilateral institutions assure support for Sri Lanka’s fiscal policy reforms, development First Vice Preside...


Surge in foreign capital inflows boosts CSE

/ Monday, 24 April 2017 00:52

ASPI up by 4.93% and S&P SL 20 up 6.85% in 2017  Net foreign inflow of Rs. 14.3 b year-to-date in 2017, up from Rs. 383.5 m i...


Minister Premajayantha opposes move

/ Monday, 24 April 2017 00:48

Minister Susil Premajayantha, one-time Petroleum Resources Minister who was responsible for the 2003 Cabinet paper which resulted in gaining two-th...


CPC employees strike over impending Indo-Lanka oil deal in Trinco

/ Monday, 24 April 2017 00:48

Request by the Unions to meet the President turned down Crucial talks with the Minister Weerakkody today Minister claims...


Sri Lanka keen to boost economic ties with India: PM

/ Monday, 24 April 2017 00:46

Sri Lanka is looking forward to strengthening economic cooperation with India, Prime Minister Ranil Wickremesinghe has said, noting that developmen...


Micro Holdings draws $ 40 m investment from South Korean firm

/ Monday, 24 April 2017 00:45

Micro Holdings Chairman Dr. Lawrence Perera (left) exchanges the agreement with SK Group Senior Vice President C.H. Lee  &nbs...


Govt. steps up relief for Meethotamulla victims

/ Saturday, 22 April 2017 00:38

    New multiple cash allowances; housing or assessed compensation and waiver of housing loans amo...


First direct partnership between G15 and Sri Lanka on Monday

/ Saturday, 22 April 2017 00:35

From left: Industry and Commerce Minister Rishad Bathiudeen, Permanent Representative of Sri Lanka to the UN in Geneva Ambassador Ravinatha Aryasin...


Inflation spikes to 8.6% in March

/ Saturday, 22 April 2017 00:35

Inflation, as measured by the change in the National Consumer Price Index (NCPI), which is compiled by the Department of Census and Statistics, inc...


Govt. to introduce new legislation on export of minerals

/ Saturday, 22 April 2017 00:34

By Chathuri Dissanayake Minister Susil Premajayantha yesterday said that the Government is drawing up plans to introduce a mineral policy with th...


Australian sand miner assessing Sri Lanka’s mineral sands deposits

/ Saturday, 22 April 2017 00:34

Australian sand miner Iluka Resources, a major participant in the global mineral sands industry, is in discussions with the Sri Lankan Government o...


From protector to executioner! Wildlife official shoots wild elephant

/ Saturday, 22 April 2017 00:33

The Wildlife and Nature Protection Society (WNPS) has strongly protested the shooting of a wild elephant by Wildlife officials as an act of alleged...


Stock market’s rise continues

/ Saturday, 22 April 2017 00:33

Reuters - Shares gained on Friday to hit a more than six-month closing high on foreign buying in market heavyweight John Keells Holdings, helping b...


Rupee ends steady on dollar selling by banks

/ Saturday, 22 April 2017 00:33

Reuters - The rupee closed steady on Friday as dollar selling late in the day by local banks offset importer demand for the U.S. currency earlier i...


Indian elevator firm expands operations to Sri Lanka

/ Saturday, 22 April 2017 00:32

Elevator firm KONE India has said it has expanded operations in Sri Lanka by entering into a distribution agreement with Scan Engineering Ltd. KO...


Tourism’s unsettled liabilities hit Rs. 1 b

/ Friday, 21 April 2017 00:00

By Charumini de Silva Promotional campaigns of Sri Lanka Tourism are being stifled due to unpaid bills running into Rs. 500 million, owed to thre...


Rogues of the last Govt. are with the Chinese companies now: Arjuna

/ Friday, 21 April 2017 00:00

A sourly disappointed Arjuna Ranatunga yesterday levelled scathing criticism against ministers of the current Government, alleging that they were w...


Govt. directs SAITM to broad-base ownership via CSE listing

/ Friday, 21 April 2017 00:00

President Maithripala Sirisena yesterday said the South Asian Institute of Technology and Medicine (SAITM) has been directed to broad-base its owne...


Sirisena assures economy is sound

/ Friday, 21 April 2017 00:00

  President responds to claims of crisis by whom he describes as “anti-government economists and analysts&rdq...


Tug of war among institutions at fault for Meethotamulla: President

/ Friday, 21 April 2017 00:00

President Maithripala Sirisena yesterday said that a tug of war between institutions was at fault for the lack of implementation of decisions made ...


Today's Columnists

Reform of exchange controls: There is a need, but do it correctly – Part I

24 April 2017

The first Ceylonese Governor of the newly-established Central Bank N.U. Jayawardena ​ Proposal to reform exchange controls without giving details Prime Minister Ranil Wickremesinghe, in announcing the economic policy s...


PIM MBA in Oman: A Sri Lankan pride

24 April 2017

It was indeed memorable to organise an inauguration of a brand new MBA batch at the Postgraduate Institute of Management (PIM) in Muscat, Oman. It was encouraging to see the spirit of Sri Lankans in Oman who actively supported our endeavo...


Potential risks and negative implications of the proposed Foreign Exchange Bill

24 April 2017

From the perspective of the Government, the following are the key components of a checklist for assessment and validation prior to the enactment of the proposed Foreign Exchange Bill. Does the Bill in its present form, post enactment: 1.Advanc...


Meethotamulla tragedy and political garbage

22 April 2017

    The Meethotamulla tragedy has brought back the politics of garbage to every screen, newspaper and radio. Street protests are happening around every garbage dump. Modern day popular communication technologies have take...


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