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

Views - 347 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 - 265 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 - 51 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 - 102 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 - 485 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 - 275 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 - 172 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 - 404 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 - 1840 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 - 194 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 - 287 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.

Remarkable time for Sri Lanka as a hub, says US

Views - 625 Tuesday, 19 September 2017 00:41

The US has stressed that there shall be no major change in its trade policy towards Sri Lanka following the arrival of its new administration and hinted at stronger economic relations in the future based on the US-Sri Lanka Trade and Investment Frame

Transactions not fictitious: PTL CEO

Views - 2079 Tuesday, 19 September 2017 00:41

After weeks of cross-examination, Perpetual Treasuries Ltd. (PTL) CEO Kasun Palisena was re-examined by PTL’s counsel yesterday at the Presidential Commission of Inquiry into the controversial bond issuance.

Consultative meeting on National Export Strategy today

Views - 286 Tuesday, 19 September 2017 00:39

The Ministry of Development Strategies and International Trade will conduct a consultative meeting with its line ministries today at Temple Trees to finalise the National Export Strategy (NES) to chart the next export growth cycle of the country.“W

Real estate market is booming: survey

Views - 759 Tuesday, 19 September 2017 00:38

At least seven-in-10 respondents to a countrywide poll conducted for leading business magazine LMD by research firm Kantar TNS believe that the real estate market in Colombo is booming.

Lankan equities still attractive amid foreign outflow blip

Views - 408 Tuesday, 19 September 2017 00:27

Bloomberg: The biggest single-day outflow in at least 11 years from Sri Lankan stocks is a blip and foreigners, the key drivers of the nation’s equities this year, will likely overlook the negative reading.

Continued improvements in health indicators

Views - 109 Tuesday, 19 September 2017 00:00

The Department of Census and Statistics (DCS) takes steps to identify, collect, analyse and communicate the information needed for the development programs of the country. For this purpose, the DCS and the Ministry of Health, Nutrition and Indigenous

EDB optimistic of $ 13 b export revenue this year

Views - 98 Tuesday, 19 September 2017 00:00

Capitalising on the impending trade and economic partnerships of the Government, the Export Development Board (EDB) is optimistic of achieving export revenue of over $ 13 billion by the end of this year.

IKEA inspired Hayleys’ Dhammika to comfort more homes with Singer

Views - 3497 Monday, 18 September 2017 00:54

The world’s most iconic home furnishing brand IKEA is said to have inspired business leader Dhammika Perera to take control of Singer Sri Lanka Plc via the biggest listed corporate acquisition worth over Rs. 11 billion last week.

Economy posts 4% growth in 2Q

Views - 445 Monday, 18 September 2017 00:53

The country’s economy grew by 4% in the second quarter from a year earlier and slightly better than the 3.8% improvement in the preceding three months.

Ceylon Chamber welcomes amended Inland Revenue bill

Views - 541 Monday, 18 September 2017 00:51

The Ceylon Chamber of Commerce, in a statement yesterday lauded the Finance Ministry’s passage of the new Inland Revenue Bill, after it says it was “extensively engaged throughout the process of drafting the new legislation, and is grateful for t

20th Amendment in the balance

Views - 269 Monday, 18 September 2017 00:49

The parliamentary debate on the 20th Amendment to the Constitution, scheduled for Wednesday, has been postponed indefinitely, senior ministers have confirmed.

Buoying BOI

Views - 340 Monday, 18 September 2017 00:47

The Board of Investment last week ceremoniously marked its 40th anniversary with the participation of President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe and Development Strategies and International Trade Minister Malik Samarawickrama

Six new Central Bank Assistant Governors appointed

Views - 1092 Monday, 18 September 2017 00:00

The Monetary Board at a meeting held on 31 August 2017 has promoted K.M.A.N. Daulagala, S. Gunaratne, N.W.G.R.D. Nanayakkara, T.M.J.Y.P. Fernando, J.P.R. Karunaratne and K. Gunatilake, six Staff Class Grade IV officers, to the post of Assistant Gover

CaFFE tells Government to dissolve all provincial councils

Views - 78 Monday, 18 September 2017 00:00

The Campaign for Free and Fair Elections (CaFFE), an election monitoring organisation in Sri Lanka, has requested the President and the Prime Minister to dissolve all provincial councils before 2 October and immediately hold discussions with the chie

Manufacturing sector subdued, services inch up in August

Views - 87 Monday, 18 September 2017 00:00

The country’s manufacturing sector remained subdued and the services sector managed to inch up in August as per the Purchasing Managers Index (PMI) released by the Central Bank.

BOI celebrates 40 years of excellence with tribute to JR, investors and workers

Views - 241 Monday, 18 September 2017 00:00

The BOI celebrated the advent of its 40th year on Friday with a high-energy, colourful event that paid tribute to the country’s investors and employees.

Hayleys Group in historic acquisition of Singer for Rs. 10.9 b

Views - 544 Saturday, 16 September 2017 00:31

Hayleys PLC and its subsidiaries yesterday purchased 61.73% of shares of Singer (Sri Lanka) PLC for Rs. 10.9 billion, making it the single largest acquisition for a listed company in Sri Lanka in recent times.

Perpetual CEO says Aloysius lied to COPE

Views - 623 Saturday, 16 September 2017 00:30

Perpetual Treasuries (Pvt) Ltd (PTL) CEO Kasun Palisena, under relentless questioning, yesterday told the Presidential Commission of Inquiry on the controversial bond issuance that Former PTL Director Arjun Aloysius had lied to the Committee on Publi

Today's Columnists

Sustainable tourism – New profit for businesses

Tuesday, 26 September 2017

World Tourism Day has been celebrated since 1980 on 27 September, the day in which the Statutes of the World Tourism Organization (UNWTO) entered into force.

Do economic sanctions matter to Iran?

Tuesday, 26 September 2017

Economic sanctions are not a new phenomenon to Iran. It has been 38 years since the Iranian revolution (1979) took place. Since then, the United States, European Union and some other countries have been imposing

It is an uphill task for the Govt. to attain the envisaged targets

Monday, 25 September 2017

In Part 1 of the article series on the Government’s Vision 2025 published last week, it was pointed out that the present vision document was just the fourth of such visions pronounced by the Government during the last two year period.

Women for tourism

Monday, 25 September 2017

Tourism is one of the world’s largest and fastest growing industries. In many countries it acts as an engine for development through foreign exchange earnings and the creation of direct and indirect employment.

Columnists More