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Economic sentiment surges: Survey

Views - 384 Tuesday, 28 January 2020 01:30

Sentiment surrounding the economy rose in December, with almost two-thirds of respondents expecting economic conditions to improve in the next 12 months, according to the latest LMD-Nielsen Business Confidence Index (BCI) poll.

PS seeks policy support to tap BRI opportunities: Economist

Views - 331 Tuesday, 28 January 2020 01:01

Sri Lanka’s private sector, despite being aware of Belt and Road Initiative (BRI) projects, requires stronger policy support to tap opportunities and practical assistance to work with Chinese companies, an official said yesterday.

PM Question Time in Parliament next week

Views - 202 Tuesday, 28 January 2020 01:00

Prime Minister Mahinda Rajapaksa will face the Premier’s Question Time for the first time since his appointment when Parliament meets next week.

Chinese woman in SL diagnosed with Coronavirus

Views - 754 Tuesday, 28 January 2020 00:58

A Chinese woman has been identified as the first case of the Coronavirus in Sri Lanka, the Health Promotion Bureau confirmed yesterday.

CIMA, CIM, CILT, and CIPM-organised C Confluence forum today

Views - 145 Tuesday, 28 January 2020 00:50

C Confluence, a forum organised by the four premier chartered bodies in the fields of accountancy, marketing, human resources and logistics, will be held at the Cinnamon Grand Colombo today.

Commercial Development Company named ‘Asia’s Most Trusted Company’

Views - 51 Tuesday, 28 January 2020 00:29

Commercial Development Company PLC, a subsidiary of the Commercial Bank of Ceylon was awarded the title of ‘Asia’s Most Trusted Company’ in the Real Estate category in Sri Lanka for 2019 by International Brand Consulting Corporation of USA, a m

BOI meets Slovenian Foreign Ministry delegation

Views - 86 Tuesday, 28 January 2020 00:27

Board of Investment Chairman Susantha Ratnayake recently held discussions with a delegation of senior diplomats from Slovenia visiting Sri Lanka. The delegation was led by Marjan Cencen

ICC Sri Lanka facilitates temporary export of first all-electric Super Car

Views - 174 Tuesday, 28 January 2020 00:19

ICC Sri Lanka, the sole authority to issue ATA Carnet in Sri Lanka was used by Vega Innovations to transport Vega EVX, Sri Lanka’s first all-electric Super Car to be showcased at the upcoming 2020 Geneva Motor Show in March.

Ranjith Rubasinghe, three others appointed to SLT Board

Views - 3435 Monday, 27 January 2020 01:45

Top in-house professional Ranjith Rubasinghe has been appointed to the Board of Sri Lanka Telecom (SLT) as a Director along with three others – Lalith Seneviratne, Mohan Weerakoon PC, and A.K. Seneviratne. Rubasinghe and Seneviratne are Non-Indepen

Govt. to halt Rs. 250 m SriLankan Catering expansion

Views - 3040 Monday, 27 January 2020 01:43

The Government has decided not to proceed with a Rs. 250 million SriLankan Airlines flight kitchen expansion project, a top Minister confirmed. The new strategy aims to maximise existing capacity and improve productivity to be competitive pricewise.

4 patients in SL tested negative for coronavirus

Views - 956 Monday, 27 January 2020 01:40

Tests conducted on four people with suspected symptoms of the coronavirus infection have come back negative, the Government said. The National Medical Research Institute said the tests have confirmed the four people tested for suspected symptoms of c

Swift measures to evacuate Sri Lankans in China

Views - 218 Monday, 27 January 2020 01:40

President Gotabaya Rajapaksa has instructed officials to bring back all Sri Lankans including students in Wuhan and Sichuan Provinces where the coronavirus is fast spreading. The President’s Office, the Ministry of Foreign Relations, Ministry of He

Plantation firms to submit alternative model for worker wage hike today

Views - 433 Monday, 27 January 2020 01:39

The plantation companies are expected to submit their alternative proposal for consideration by the Government, which has announced a wage hike for estate workers from 1 March. The Daily FT learns that the alternative model will be a productivity-ba

Committee appointed to prevent spread of coronavirus

Views - 184 Monday, 27 January 2020 01:39

A committee has been appointed by the Health and Indigenous Medicine Services Ministry, following instructions by President Gotabaya Rajapaksa, to prevent the spread of coronavirus in Sri Lanka. The committee is expected to meet Health Services Direc

Micro-financing as a solution to uplifting lives of families in post-war Sri Lanka

Views - 169 Monday, 27 January 2020 00:32

In an environment of financial unavailability, microfinance is a mechanism that can be used to uplift the people of post-war regions in Sri Lanka (Rathiranee & Semasinghe, 2012). Taking a page from the successful experiences of impoverished areas and

EDB Chief, leading IT/software firms discuss ways to boost exports

Views - 258 Monday, 27 January 2020 00:00

EDB Chairman Prabhash Subasinghe had a discussion with the leaders of the country’s top IT/BPO/Software companies last week as part of a series of initial meetings he had launched with the various export sectors of the nation since assuming office

China shuts down 13 cities as virus kills 26

Views - 329 Saturday, 25 January 2020 00:10

WUHAN, AFP: Chinese authorities rapidly expanded a mammoth quarantine effort aimed at containing a deadly contagion on Friday to 13 cities and a staggering 41 million people, as nervous residents were checked for fevers and the death toll climbed to

UN-backed ground-breaking industry diagnostic initiative rolled out in Colombo

Views - 325 Saturday, 25 January 2020 00:04

A high-level team from United Nations Industrial Development Organisation (UNIDO), Vienna joined by the UN Resident Coordinator Sri Lanka launched the next phase of Sri Lanka industry revolution yesterday in Colombo. UNIDO said that it

EU monitors call for campaign finance regulations

Views - 142 Saturday, 25 January 2020 00:02

The European Union Election Observation Mission (EU EOM) has made a total of 23 recommendations following observations during the Presidential Election 2019, including six priority recommendations focusing on the revision of the Presidential Election

Nepal reports South Asia’s first confirmed case of deadly virus

Views - 86 Saturday, 25 January 2020 00:01

KATHMANDU, AFP: Health authorities in Nepal on Friday confirmed that a student who returned from Wuhan, China tested positive for the new coronavirus, becoming the first South Asian country to report the deadly disease. The 32-year-old student arrive

Govt. declares new national parks

Views - 952 Saturday, 25 January 2020 00:01

Government has declared areas in Chundi-kulam, Delft Island, Adam’s Bridge, Kotuaththawala, Kayankerni, and Madu Road as national parks. Moving the motion on Thursday in Parliament, Environment and Wildlife Resources, and Lands and Land Development

Govt. to investigate missing persons cases

Views - 84 Saturday, 25 January 2020 00:01

AFP: The Presidency said Friday that death certificates for thousands of people missing and or presumed dead from the country’s Civil War will only be given out after proper investigations.

Stock market gains momentum; S&P SL20 gains 3.19% for the week

Views - 215 Saturday, 25 January 2020 00:01

The Colombo stock market this week saw encouraging positive momentum with both indices improving thanks to active investor participation. NDB Securities said during the week, the ASPI and the S&P SL20 gained 0.97% and 3.19%, respectively, whilst rec

SL on alert for Coronavirus

Views - 20 Saturday, 25 January 2020 00:00

To prevent the Coronavirus from entering Sri Lanka through the Bandaranaike International Airport (BIA), the Government has increased screening of passengers, taking multiple safety measure

SriLankan Airlines takes action against coronavirus outbreak

Views - 25 Saturday, 25 January 2020 00:00

SriLankan Airlines has implemented a series of precautionary measures to mitigate the risks from the current coronavirus epidemic in the Far East, with the safety and well-being of its valued passengers and staff being of paramount importance. SriLan

Former Navy Spokesman, 12 others indicted for abduction of youth; released on bail

Views - 100 Saturday, 25 January 2020 00:00

Former Naval Media Spokesperson Commodore DKP Dassanayake and 12 others, who were charged with the abduction and disappearance of eleven youths in Colombo and its suburbs in 2008 and 2009, were released on bail by the Permanent High Court at Bar yest

Chinese company to assist Chinese tourists to get e-visa

Views - 1063 Friday, 24 January 2020 00:30

Cabinet has approved a joint proposal by multiple ministries to allow a Chinese company to process visas for Chinese tourists to Sri Lanka in the Chinese language using the Electronic Travel Authorisation System (ETA). The Department of Emigration a

Govt. calls on banks not to eliminate borrowers only on CRIB

Views - 1391 Friday, 24 January 2020 00:28

The Government yesterday called on banks to consider a variety of criteria when evaluating loans, while appealing for financial institutions not to eliminate proposals solely based on whether the applicant is included in the Credit Information Bureau

Govt. approves Rs. 100 b in loans for paddy purchases

Views - 217 Friday, 24 January 2020 00:25

Cabinet has approved a wide-ranging paddy purchasing program for three million metric tons of Maha season paddy, which includes setting a minimum price of Rs. 50 and providing Rs. 100 billion in loans at 8% interest for private buyers, a top official

UNP Working Committee to be appointed by Monday

Views - 883 Friday, 24 January 2020 00:20

The United National Party (UNP) will conclude appointing members to the Working Committee by Monday, Senior MP Lakshman Kiriella said yesterday. The previous Working Committee’s term ended on 31 December 2019. For a new leader to be appointed to t

Today's Columnists

Strategies towards the vision of ‘Clean Country – Green Environment’

Tuesday, 28 January 2020

Sri Lanka is a small island in South Asia. In early times, it was named the Pearl of the Indian Ocean. But what is happening to the pearl now? As a result of urbanisation and increase of population, environmental issues related to solid waste are inc

Has Sri Lanka really understood India’s economic potential?

Tuesday, 28 January 2020

India, a land with a diverse culture and heritage, is no doubt the centre of the South Asia that can take rest of the countries surrounding it to greater economic prosperity within the next few decades. This article is not a technical analysis of Ind

A challenge for President Gotabaya Rajapaksa: The societal, economic and political debt

Tuesday, 28 January 2020

The challenges before President Rajapaksa in balancing and striving towards balancing the societal, economic and political balance sheets is enormous. Although shown separately, these three are interconnected and interdependent, therefore requiring a

Gota’s ‘Viyathmaga’ to the future

Tuesday, 28 January 2020

Any critical assessment of President Gotabaya Rajapaksa must take into consideration the salient characteristics that make him stand out from the run-of-the-mill politicians who had occupied the peaks of power.

Columnists More