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Ranil and Xi talk investment in Davos

/ Wednesday, 18 January 2017 00:10

Chinese President Xi Jingping and Prime Minister Ranil Wickremesinghe greet each other warmly on the sidelines of the World Economic Forum in Davos...


Axe hangs over BOI head?

/ Wednesday, 18 January 2017 00:06

  BOI Chairman objected to controversial tyre company deal, told to halt work after it attempted to clear land before agreements s...


Sir Robert Watson on tackling global warming and role of biz

/ Wednesday, 18 January 2017 00:05

By Madushka Balasuriya When Sir Robert Watson, knighted for his groundbreaking work in helping synthesise scientific knowledge concernin...


Wasantha’s volley on politicians over CB scam inaction

/ Wednesday, 18 January 2017 00:05

  Says scam incurred loss of Rs. 145 b to the CB during the last two-years. Reveals that Mahendran’s ...


BAT agrees terms to buy out Reynolds for $ 49.4 billion

/ Wednesday, 18 January 2017 00:04

Reuters: British American Tobacco has agreed a $ 49.4 billion takeover of US rival Reynolds American Inc, creating the world’s biggest listed...


SL-Thai FTA study to conclude by August

/ Wednesday, 18 January 2017 00:01

  Sugar imports mulled, Govt. considers Thai “one product one village” concept, investment opportunities discussed ...


SC grants leave for FR by LDB Chairman against CB

/ Wednesday, 18 January 2017 00:01

The Supreme Court granted leave to proceed in the Fundamental Rights application filed by Lasantha Goonewardena, the Chairman of Lankaputhra Develo...


Insurance industry grows 17% in 3Q

/ Wednesday, 18 January 2017 00:01

The country’s insurance industry has grown by nearly 17% in the third quarter, the regulatory body IBSL revealed yesterday. It said the ins...


Industrial output up 4.5%

/ Wednesday, 18 January 2017 00:00

The Index for Industrial Production (IIP) released yesterday showed the volume of industrial production has increased by 4.5% in November when comp...


China Merchant-led JV to have only 1,235 acres in Hambantota port vicinity

/ Tuesday, 17 January 2017 00:51

  Contrary to misinformation by the Opposition, the China Merchant Port (CMPort) led joint venture will have only around 1,20...


President calls for UN, FAO and WFP drought relief help

/ Tuesday, 17 January 2017 00:51

  The United Nations and its affiliated bodies yesterday assured President Mainthipala Sirisena that they would extend their ...


JKH files its first patent related to novel energy storage material

/ Tuesday, 17 January 2017 00:50

Groundbreaking initiative by John Keells Research based on its idea with expertise from India’s National Metallurgical Lab &nb...


Coke keen on using Sri Lanka as production hub: Ravi K

/ Tuesday, 17 January 2017 00:49

Global giant Coca Cola is keen to use Sri Lanka as a production hub, the Finance Ministry said yesterday. It said this expression of interest was...


Royal Ceramics goes for Rs. 1 b upgrade

/ Tuesday, 17 January 2017 00:49

Royal Ceramics Lanka (RCL) has announced that its Board of Directors has decided to proceed with the replacement of one of the existing kilns of it...


Businesses can unlock $ 12 t via key development goals: Davos study

/ Tuesday, 17 January 2017 00:48

Reuters: Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key d...


Hayleys unveils Sri Lanka’s largest capacity solar power plant in Welikande

/ Monday, 16 January 2017 01:10

From left: Minister Power and Renewable Energy Ranjith Siyambalapitiya, Hayleys Chairman and Chief Executive Mohan Pandithage, Deputy Mini...


Sri Lanka launches first ‘cloud smart classroom’

/ Monday, 16 January 2017 01:08

Sri Lanka’s first cloud-based Smart Classroom was inaugurated at the Sri Jayewardenepura Kotte Maha Vidyalaya on Friday, with the Ministry of...


Sri Lanka ratifies ILO Maritime Labour Convention

/ Monday, 16 January 2017 01:05

The Sri Lankan Government last week deposited the instrument of ratification of the Maritime Labour Convention, 2006 (MLC, 2006) with the Internati...


Share your travel stories or tips in Daily FT and win with Emirates

/ Monday, 16 January 2017 00:54

Travel is a great source of stories and lessons, and Emirates, a global connector of people, places and memories, is inviting readers of the Daily ...


Govt. to put freeze on unrestricted AC use at State institutions

/ Monday, 16 January 2017 00:53

The Government is to issue a directive to control the temperature of air conditioning systems at all State institutions, Power and Renewable Energy...


Today's Columnists

BPM – finance and accounting: Sri Lankan perspective

18 January 2017

Overview  BPM or Business Process Management, FAO or Finance Accounting Outsourcing, and HRO or Human Resource Outsourcing are a few of the acronyms that getbandiedabout in relation to the Outsourcing industry. The potenti...


How has the drought affected retailers and farmers in Sri Lanka?

18 January 2017

In Sri Lanka, drought is looming into a larger issue as one-third of the population is engaged in agriculture-related activities. According to the Department of Agriculture, 1.8 million farming households across the island are engaged i...


Fighters with no arms, no legs

17 January 2017

    Lessons they teach all of us Life without limbs yet without limits; changing obstacles into opportunities. The only person keeping us from reaching our full potential is our own self as False Evide...


CTF report and the Raviraj case judgement

17 January 2017

    The Report of the Consultation Task Force on Reconciliation Mechanisms was handed over to former President Chandrika Kumaratunga by Task Force Chairperson Manouri Muttetuwegama on 3 January.  The Consultation T...


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