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Modi and Macron invite Sirisena to Solar Alliance Conference

Views - 173 Saturday, 24 February 2018 00:11

On the invitation of Indian Prime Minister Narendra Modi and French President Emmanuel Macron, President Maithripala Sirisena is set to attend the International Solar Alliance (ISA) Founding Conference and Solar Summit scheduled to be held in New Del

PM designs way forward

Views - 2124 Saturday, 24 February 2018 00:10

Seeking to regroup swiftly after the Local Government polls setback, Prime Minister Ranil Wickremesinghe yesterday reinforced his intention to prioritise and fast-track policy implementation with the appointment of a top ministerial committee, while

SriLankan staff backs restructuring, wants greater transparency in decision making of national carri

Views - 353 Saturday, 24 February 2018 00:10

Calling for an immediate end to the politicisation of the national carrier, the trade union collective of SriLankan Airlines yesterday urged the Government to carry out an immediate, transparent restructuring of the troubled enterprise.

Commercial Bank ends 2017 on strong footing

Views - 682 Saturday, 24 February 2018 00:10

Commercial Bank of Ceylon PLC has posted profit before VAT and NBT of Rs. 28.064 billion for the year ending 31 December 2017, reflecting growth of 18.14%, a performance the Bank attributes to substantial core business growth through adherence to the

Gotabhaya files revision application in CA seeking release from Avant Garde case

Views - 53 Saturday, 24 February 2018 00:10

Former Defence Secretary Gotabhaya Rajapakse yesterday filed a revision application in the Court of Appeal on the High Court rejection of his application sought to acquit and release him from the Avant Garde case.

New frontier of cooperation in infrastructure and connectivity between Indonesia and Sri Lanka

Views - 56 Saturday, 24 February 2018 00:05

Indonesia’s Minister of Public Works and Housing Basuki Hadimoeljono has said that a new frontier of cooperation in infrastructure and connectivity with Sri Lanka has emerged following Indonesian President Joko Widodo’s official State visit to Sr

Subramaniam elected NOCSL President

Views - 111 Saturday, 24 February 2018 00:01

Suresh Subramaniam has been elected the new President of the National Olympic Committee of Sri Lanka, in the first election in two decades. Running against President of the Amateur Rowing Association of Sri Lanka Rohan Fernando, Subramaniam won with

Rupee ends marginally firmer in dull trade

Views - 124 Saturday, 24 February 2018 00:01

(Reuters) - The rupee ended slightly firmer on Friday in dull trade as banks’ dollar selling on remittance inflows surpassed the importer greenback demand, dealers said.

Import levy on potatoes increased

Views - 54 Saturday, 24 February 2018 00:01

The Ministry of Finance has increased the special commodity levy imposed on imported potatoes by Rs. 29 per kilogram from midnight yesterday. The current levy of Rs. 1 per kilogram has been increased up to Rs. 30, the Ministry said.

Bandula Gunawardana goes to court against Active Liability Management Bill

Views - 94 Saturday, 24 February 2018 00:01

Former Deputy Finance Minister Bandula Gunawarda filed a petition before the Supreme Court yesterday seeking a special determination on the proposed Active Liability Management Bill.

Paper on fertilizer subsidy to next Cabinet

Views - 133 Saturday, 24 February 2018 00:01

The Agriculture Ministry is set to present a paper at the next Cabinet meeting proposing an increase in fertilizer subsidy to match the market price, top Government sources confirmed.

Access Engineering making progress on Deduru Oya Water Supply Project

Views - 14 Saturday, 24 February 2018 00:00

Access Engineering PLC is making swift progress in the construction of Deduru Oya Water Supply Project in Ridi Bendi Ela, Maho.

Dilmah offers tea inspiration for Ironman 70.3 Colombo

Views - 12 Saturday, 24 February 2018 00:00

The much-anticipated Ironman 70.3 Colombo will kick off this weekend and participants are pushing themselves that extra bit in preparation to peak in performance and endurance on 25 February. As a proud sponsor for the event, Dilmah too, is pushing t

Emirates A380 returns to Houston

Views - 11 Saturday, 24 February 2018 00:00

Emirates will resume its flagship A380 service between Houston (IAH) and Dubai (DXB) from 1 June. This follows the airline’s recent adjustments to its US services with the launch of a new non-stop Dubai-Newark service from 1 June and the resumption

Buoyant property market witnessed at Lanka Property Show 2018

Views - 12 Saturday, 24 February 2018 00:00

The 2018 edition of the Lanka Property Show was concluded successfully, drawing praise from both exhibitors and visitors. The event, which was organised by Sri Lanka’s leading property website, is the largest property show in t

HNB spreads savings habit with launch of Gateway Student Unit

Views - 8 Saturday, 24 February 2018 00:00

Hatton National Bank (HNB) PLC earlier this week announced the opening of a new Student Savings Unit at Gateway College, Colombo, with the objective of inculcate the habit of saving in children

Ceylinco Life donates classrooms to schools in Chilaw and Mutur

Views - 5 Saturday, 24 February 2018 00:00

Students of two rural schools whose classrooms were in temporary shelters have been provided purpose-built classroom buildings under Ceylinco Life’s on-going community initiative that supports disadvantaged schools around Sri Lanka.

7,600 children receive gifts of stationery and school bags from Brandix

Views - 3 Saturday, 24 February 2018 00:00

Over 7,600 children of associates of the Brandix family ushered in the new school year on a positive note, receiving gifts of stationery, a school bag each and other school essentials from Brandix, under the company’s employee welfare initiative

Hirdaramani partners with Patagonia for reforestation project

Views - 5 Saturday, 24 February 2018 00:00

As part of its sustainable approach to business, Sri Lankan apparel manufacturer Hirdaramani Group partnered with US retailer Patagonia to plant 4,000 trees to aid the ‘Hiniduma Bio-Link Project’ in the south-west of Sri Lanka.

NDB holds all-night pirith ceremony

Views - 2 Saturday, 24 February 2018 00:00

An all-night Pirith ceremony was held at the NDB Bank head office, under the patronage of NDB Director/ CEO Dimantha Seneviratne and senior members of the management and staff who graced the event.

HNBA steps up community based engagements

Views - 3 Saturday, 24 February 2018 00:00

Contemporary business practices in the 21st Century revolves around business ethics and corporate social responsibility. Every business venture strives to do ‘good’, especially within the communities which they operate in. Challenging the establi

Stocks end steady near three-month high

Views - 129 Saturday, 24 February 2018 00:00

(Reuters) - Shares ended steady on Friday, near a more than three-month high hit early in the week, as investors picked up diversified shares. Investor sentiment got a boost after two key parties decided to remain in the ruling coalition, allaying fe

Amnesty says Rohingya crisis consequence of society ‘encouraged to hate’

Views - 8 Saturday, 24 February 2018 00:00

REUTERS: The crisis in Myanmar and reported massacres of Rohingya Muslims are the consequence of a society encouraged to hate and a lack of global leadership on human rights, Amnesty International said on Thursday.

Pakistan Supreme Court rules ousted PM Sharif cannot lead his party

Views - 3 Saturday, 24 February 2018 00:00

ISLAMABAD (Reuters) - Pakistan’s Supreme Court on Wednesday ordered that ousted prime minister Nawaz Sharif be removed as head of the political party he founded, six months after the court disqualified him as the country’s leader over unreported

US students protest over gun laws, Trump considers arming teachers

Views - 6 Saturday, 24 February 2018 00:00

WASHINGTON/TALLAHASSEE, Fla. (Reuters) - Students galvanized by the deadly mass shooting at a Florida high school confronted lawmakers on Wednesday with demands to restrict sales of assault rifles, while President Donald Trump suggested arming teache

Canada’s Trudeau spurs criticism, raises eyebrows on India trip

Views - 3 Saturday, 24 February 2018 00:00

OTTAWA/NEW DELHI (Reuters) - Canadian and Indian officials scrambled on Thursday to explain how a convicted Sikh extremist was invited to a New Delhi reception for Justin Trudeau, the latest misstep in the Canadian prime minister’s bumpy eight-day

Australian deputy prime minister resigns after affair with staffer

Views - 4 Saturday, 24 February 2018 00:00

SYDNEY (Reuters) - Australian Deputy Prime Minister Barnaby Joyce said on Friday he will resign as leader of his party and will move to the backbench after weeks of pressure over an extra-marital affair with his former media secretary.

Asian shares rebound as fidgety US rate fears ebb again

Views - 3 Saturday, 24 February 2018 00:00

SYDNEY (Reuters) - Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries about faster rate rises in the United States, while the safe-haven yen held on to its gains amid heightened volatility across markets.

Epoch making ACMC victory hints at shift in Lankan Muslim leadership

Views - 103 Saturday, 24 February 2018 00:00

A major shift in the Sri Lankan Muslim political landscape is evident in the aftermath of inroads made by All Ceylon Makkal Congress (ACMC) in the recent Local Government Elections. The pragmatic and dynamic leadership given by ACMC Leader Rishad Bat

Sri Lankans in Seychelles celebrate 70th Independence anniversary

Views - 32 Saturday, 24 February 2018 00:00

A commemoration of the 70th anniversary of Independence of Sri Lanka took place in Victoria, Mahe Island, on 3 and 4 February with the participation of the Sri Lankan community living in Seychelles. Representatives of the Seychelles Government, among

Today's Columnists

Tamil actor Kamal Haasan stars in new role as political leader

Saturday, 24 February 2018

Srinivasan Kamal Haasan is one of India’s foremost film actors. Known popularly as Kamal, the talented and versatile thespian has not only excelled as an actor onscreen, but has successfully engaged in other cinematic spheres too. The multi-faceted

Yameen’s economic offensive to counter political adversity ahead of presidential poll

Saturday, 24 February 2018

The embattled Maldivian President Abdulla Yameen, who is facing intense political opposition both in and out of the country, hopes to win the September, 2018 presidential election using a combination of political belligerence and a strong economic pr

In the end, there was nothing

Saturday, 24 February 2018

Much more than a storm in a tea cup! To a non-discerning person, it all seemed like the final battle of the counter revolution. President Sirisena was up in smoke trying to oust Prime Minister Ranil Wickremesinghe for no articulated reason. He asked

Shouldn’t Govt. prevent parliamentary system from decay and destruction?

Friday, 23 February 2018

The wrong people teach us the best lessons. As a clever nation, we had always used our ballot and chased the wrong people

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