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NCPA, Education Ministry to probe participation of school children in longest sari stunt

Views - 38 Saturday, 23 September 2017 00:20

A team of National Child Protection Authority (NCPA) officials have been assigned to investigate the use of school children in an attempt to make a Guinness World Record for the longest saree by a Kandy based beautician. The Ministry of Education has

North Korea may consider H-bomb test in Pacific, Kim calls Trump ‘deranged’

Views - 39 Saturday, 23 September 2017 00:19

SEOUL/NEW YORK (Reuters) - North Korea said on Friday it might test a hydrogen bomb over the Pacific Ocean after U.S. President Donald Trump vowed to destroy the reclusive country, with leader Kim Jong-un promising to make a “mentally deranged” T

US commends Sri Lanka’s rebuilding process

Views - 12 Saturday, 23 September 2017 00:18

US Under Secretary for Political Affairs Thomas A. Shannon says the political, social and economic rebuilding process of Sri Lanka in the post- conflict era is highly commendable.

Rupee ends weaker on importer dollar demand

Views - 23 Saturday, 23 September 2017 00:17

Reuters - The rupee ended slightly weaker on Friday as dollar demand from importers outpaced selling of the U.S. currency by exporters, dealers said.

Uber stripped of its licence to operate in London; to appeal

Views - 47 Saturday, 23 September 2017 00:17

LONDON (Reuters) - London’s transport regulator on Friday stripped Uber of its licence to operate from the end of the month, affecting over 40,000 drivers in a huge blow to the taxi app.

Mangala Money!

Views - 62 Saturday, 23 September 2017 00:17

The first Rs. 5,000 note signed by Minister of Finance Mangala Samaraweera was presented to him yesterday by CEO of De La Rue Holdings PLC Martin Sutherland and Regional Director for Asia-Pacific Mark Filer at the Ministry of Finance. Treasury Secret

Bourse ends lower on selling in blue chips, banks

Views - 45 Saturday, 23 September 2017 00:16

Reuters - Shares fell for a second straight session on Friday, as investors sold diversified and banking shares in thin trade that saw turnover slumping to a near four-week low.

COPE cautions Government on Airbus deal

Views - 75 Saturday, 23 September 2017 00:14

Parliamentary Committee on Public Enterprises (COPE) Chairman Sunil Handunnetti yesterday cautioned the Government to avoid incurring a considerable loss by terminating the agreement the with Airbus after commencement of the

SBI Japan buys 20% stake in Wealth Trust Securities

Views - 626 Friday, 22 September 2017 00:01

Japan’s SBI Holdings, Inc. has concluded an agreement to acquire 20% of the shares of Wealth Trust Securities Ltd. (WTS), and provide investment products, primarily Sri Lankan bonds, through its subsidiary, SBI Securities Co Ltd. to the Japanese ma

WB commends Govt.

Views - 226 Friday, 22 September 2017 00:00

Executive Director of the World Bank for the constituency of India, Bangladesh, Bhutan and Sri Lanka, S. Aparna, together with the World Bank’s Country Director for Sri Lanka and the Maldives, Idah Z

EU pledges Rs. 5.4 b to support rural areas of Uva and Central Provinces

Views - 94 Friday, 22 September 2017 00:00

The European Union aims to make tangible improvements in the lives of some of Sri Lanka’s poorest people. The EU has pledged Rs. 5.4 billion (EUR 29.7 million) to reduce poverty in Uva and Central Provinces by improving both living conditions and f

Dialog waives off all call charges of Wednesday

Views - 340 Friday, 22 September 2017 00:00

Telecom giant Dialog Axiata yesterday announced that it would waive off all call charges incurred by its customers on Wednesday.

LAUGFS Gas Group splits $ 42 m fund raising with People’s Bank, Standard Chartered Bank

Views - 368 Friday, 22 September 2017 00:00

LAUGFS Gas Plc has split the previously announced $ 42.6 million for the Group’s Hambantota LPG terminal project between People’s Bank and Standard Chartered Bank.

August inflation rises to 7.9%

Views - 281 Friday, 22 September 2017 00:00

The year-on-year inflation based on the National Consumer Price Index (NCPI) has increased to 7.9% in August 2017 from 6.3% in July 2017.

Reforms ready to roll: PM

Views - 1441 Thursday, 21 September 2017 00:12

Targeting exports and investment, the Government will introduce several laws including possible new legislation to improve the ease of doing business, Prime Minister Ranil Wickremesinghe said yesterday.

President, First Lady meet Trump and Melania

Views - 611 Thursday, 21 September 2017 00:11

New York: Sri Lanka President Maithripala Sirisena and First Lady Jayanthi Sirisena yesterday attended a reception hosted by the United States President Donald Trump and First Lady Melania Trump for visiting Heads of State on Tuesday in New York.

President urges world to support SL’s forward march

Views - 200 Thursday, 21 September 2017 00:11

President Maithripala Sirisena called upon the international community to seriously consider the tremendous progress made by the Government towards reconciliation, restoration of democratic freedoms, human rights and rule of law and extend the fulles

Pandemonium in P’ment before passage of provincial council polls bill

Views - 262 Thursday, 21 September 2017 00:10

Amidst heated debates and the House getting suspended twice, lawmakers passed the Provincial Councils Elections (Amendment) Bill with amendments.

Notorious global hackers, top experts to bring home cyber security insights at FT forum

Views - 327 Thursday, 21 September 2017 00:09

Two world-famous ex-hackers and several global and regional experts will be the key attractions at the Daily FT-CICRA Holdings organised fifth annual full-day Cyber Security Summit next Wednesday (27 September) at the Cinnamon Grand followed by the C

Tea export earnings top $ 1 b mark by August

Views - 256 Thursday, 21 September 2017 00:00

Tea exports crossed the $ 1 billion mark by end August, up by 20% from a year earlier, Asia Siyaka Commodities Plc revealed.

Constitutional Assembly meets today

Views - 50 Thursday, 21 September 2017 00:00

The Steering Committee will present its interim report along with additional observations to the Constitutional Assembly, which will meet this morning.

Tea crop up 6.14% in August

Views - 97 Thursday, 21 September 2017 00:00

Reuters: Tea output rose 6.14% due to good weather in August, the state-run Tea Board said on Wednesday, while industry officials also attributed the gain to lower production last year.

Harsha says trade reforms essential to integrate economy with world

Views - 482 Wednesday, 20 September 2017 00:10

To take Sri Lanka to the next level with structural breaks along a different growth path, National Policies and Economic Affairs Deputy Minister Dr. Harsha De Silva yesterday insisted that trade reforms were absolutely essential to integrate the econ

Field Marshall Fonseka says denied visa to attend UN due to war crimes allegations against Army

Views - 272 Wednesday, 20 September 2017 00:05

AFP: Sri Lanka’s ex-army chief Sarath Fonseka Tuesday said he had been denied a visa to attend the UN general assembly because of unresolved war crime allegations against the military.

MR asks, RW answers: PM says local polls should be in January

Views - 166 Wednesday, 20 September 2017 00:05

Local government elections should not stand in the way of the Budget 2018 program, the GCE Ordinary Level examination, Christmas and New Year, asserted Prime Minister Ranil Wickremesinghe yesterday in Parliament.

Experts make case for why branding is essential for biz success

Views - 337 Wednesday, 20 September 2017 00:00

Experts believe that rapidly-expanding business dynamics call for crucial restructuring of corporate branding strategy and insisted that brands in the new millennium will need to be responsible and responsive to consumers and other stakeholders.

Public auctions were needed to meet ‘stunningly large’ requirements: Mahendran

Views - 1819 Wednesday, 20 September 2017 00:00

Testifying before the Presidential Commission of Inquiry on the controversial bond issuance yesterday, former Central Bank Governor Arjuna Mahendran said he had recommended public auctions over private placements for treasury bonds taking into accoun

Power problems if rains fail: PUCSL

Views - 191 Wednesday, 20 September 2017 00:00

Sri Lanka’s power generation over the next six months is in a precarious position if the rain gods fail, a new report said yesterday, warning that failure to implement successive generation plans has left the country vulnerable to cost overruns and

LMD recognises Triad as the ‘Most Respected Advertising Company’ in Sri Lanka

Views - 211 Wednesday, 20 September 2017 00:00

The most respected business entities are recognised and listed by Lanka Monthly Digest annually, in a bid to set a standard of excellence for the corporate sector.

US to provide biggest grant to SL

Views - 286 Wednesday, 20 September 2017 00:00

Economic Affairs Deputy Minister Dr. Harsha de Silva yesterday said that Sri Lanka would receive several hundreds of millions of dollars in grant assistance from the US as a result of signing the Millennium Challenge Cooperation Compact.

Today's Columnists

Turkey could be an additional player in South Asian affairs

Saturday, 23 September 2017

With improvement of ties with Bangladesh after the standoff over the 1971 war crimes trials, and with the strengthening of relations with Pakistan, an economically resurgent and politically ambitious Turkey may become a factor in South Asian affairs

Media Freedom: alive and not so well… is it?

Friday, 22 September 2017

Today the only corpses in sight are those lining the bullpen – critics and social commentators who have fallen asleep at their desks, lulled by a democracy that offers peace but pre-empts justice. Oscar Wilde,

Rise of sustainable electric automobiles and the end of petrol and diesel vehicles

Friday, 22 September 2017

The past three years have been the hottest in recorded history and 2017 is already projected to be hotter than 2016! The cause for this heating up of the planet is clearly due to the excessive burning of fossil fuels.

The cry of ‘export or perish’ becoming real to Sri Lanka

Friday, 22 September 2017

Prime Minister Ranil Wickremesinghe speaking at the International Organization of Securities Commissions (IOSCO) Annual Committee held in Colombo said for Sri Lanka to promote exports and investment, the Government will soon introduce several laws in

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