CSE trading resumes on Tuesday

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April 23, 2019 12:59 pm

  The Colombo Stock Exchange in consultation with the Securities and Exchange Commission of Sri Lanka started trading and related market operations on Tuesday...

COYLE condemns terrorist attacks, condoles with victims

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April 23, 2019 11:00 am

The Chamber of Young Lankan Entrepreneurs (COYLE), on Tuesday, “unequivocally condemned the recent terrorist attacks on churches and hotels in our motherland”. ...

‘Silence’ at Colombo stock market

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April 23, 2019 09:42 am

The Colombo Stock Exchange will be observing a minute’s silence on Tuesday morning when trading resumes at local 10.30 am as a mark of respect to the victims of the tragic...

Sri Lanka’s business community condemns attacks, urges unity, to stay calm

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April 22, 2019 02:43 pm

Sri Lanka’s business community has condemned Sunday’s acts of terror which killed more than 290 people and created havoc at three churches and three luxury hotels, a...

Colombo stock market resumes trading on Tuesday

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April 22, 2019 02:22 pm

After a day-long closure on Monday owing to devastating bomb blasts in the capital (Colombo) and outside on Sunday, the Colombo Stock Exchange said trading will resume on Tuesda...

Shangri-La, Kingsbury hotels shut until further notice

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April 22, 2019 01:12 pm

Shangri – La Hotel Colombo on Monday said it was closing until further notice after devastating bomb attacks on the hotel and two others – Cinnamon Grand and Kingsbu...

CSE says won't be open for trading at regular time tomorrow

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April 21, 2019 11:21 pm

The Colombo Stock Exchange (CSE) has said that it would not be open for trading at the regular time on Monday  (Apr 22). A communication is to follow on the resumption of t...

Sri Lanka's chambers shocked by the ferocious Easter Sunday attacks

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April 21, 2019 05:07 pm

Several chambers of commerce, including Sri Lanka’s main Ceylon Chamber of Commerce, in a joint statement on Sunday said it was “shocked and deeply saddened by the m...

All domestic flights in Sri Lanka suspended after multiple blasts

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April 21, 2019 02:40 pm

Airport authorities said today that they have issued the highest level of threat to all airports both domestic and international in Sri Lanka following a spate of blasts this mo...

Tourism, early casualty from Sri Lankan blasts

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April 21, 2019 01:13 pm

At least five foreigners were among at least 138 killed in morning blasts in three churches and three Colombo 5-star hotels on Sunday, according to government sources while tour...

Sri Lanka’s Hambantota Port positioned as region’s Bunkering Hub

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April 16, 2019 12:42 pm

The Hambantota International Port (HIP) recently awarded a tender to Sinopec Fuel Oil Sales Co Ltd for oil trading works and the operation and maintenance of their oil tank term...

ComBank first in Sri Lanka to offer global Wi-Fi to World Mastercard holders 

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April 16, 2019 10:07 am

Commercial Bank of Ceylon has become the first bank in Sri Lanka to offer access to over one million Boingo Wi-Fi hotspots worldwide at no additional charge to holders of World ...

Singapore-based firm buys Nahil’s Marriott Weligama hotel

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April 12, 2019 01:34 pm

A Singapore-based firm has acquired businessman Nahil Wijesuriya’s Marriott Weligama hotel at a purchase price of US$22.6 million, it was announced on Thursday. In...

Mangala Yapa appointed as new BOI Chairman

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April 11, 2019 11:51 am

Mangala P B Yapa has been appointed as the Chairman of the Board of Investments (BOI), the President's Media Division said. Mr. Yapa accepted his appointment at the ...

Uber assures driver safety from errant riders

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April 10, 2019 07:36 pm

Uber now rates passengers to ensure safety of its drivers and has updated its guidelines on how both parties need to respect each other for a good riding experience. Saf...

Discussion on a ‘basic monthly wage’

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April 10, 2019 07:29 pm

A lively open discussion was held on Tuesday at the ‘Hatch’ in Colombo Fort organized by ‘Advocata’ on the topic ‘Should the government give Sri...

100 MW floating solar power plant to ease power shortage

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April 09, 2019 07:38 pm

A 100 MW floating solar power plant is to be built at the Maduru Oya reservoir with Canadian assistance as a remedy to power outages during drought periods, Power and Energy Min...

Rs 100,000 bonus for Pulmoddai miners   

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April 09, 2019 03:59 pm

With the state-controlled mining operation reporting huge profits last year, workers of Sri Lanka’s premier mineral sands company won a bonus of Rs 100,000 each on Monday....

Central Bank to reduce commercial bank lending rates  

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April 09, 2019 09:07 am

The Central Bank (CB) will be taking necessary action to accelerate private sector growth considering it as an immediate priority by reducing high lending rates at banks when gr...

CB offers SMS/ Email Alert Service for investors in Government Securities 

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April 09, 2019 09:03 am

The Central Bank (CB) has introduced an SMS/ Email Alert Service to enhance the awareness of investors in the Government Securities, CB Governor Indrajit Coomaraswamy announced ...

Delrene Seneviratne appointed Deputy CEO of SDB bank

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April 08, 2019 03:01 pm

Delrene Seneviratne has been appointed as the Deputy Chief Executive Officer of SDB bank with effect from April 1. She counts over 28 years of banking experience of whic...

NPC organises ‘peace’ event

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April 05, 2019 02:41 pm

A day-long Youth Peace Champion Event organised by the National Peace Council of Sri Lanka (NPC) was held on Thursday at the BMICH. This event was supported by the Unite...

SriLankan Airlines formulates new 5-year Strategic Business Plan 

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April 04, 2019 02:48 pm

SriLankan Airlines has formulated a new five-year Strategic Business Plan for the period 2019-24 with the objective of transforming itself into a financially viable organization...

Sri Lankan Female Business Leader at US Fortune’s Mentorship Programme

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April 03, 2019 07:34 pm

Manohari Abeyesekera, Head of Strategic Business Development at Hayleys PLC, joined women leaders from 15 countries in the US last week for the Fortune-US Department of State Gl...

Power cut adversely affects SMEs, corporate sector

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April 03, 2019 11:37 am

Power cuts effected through two time slots daily has created severe inconvenience to small and medium industries as well as corporate entities, the National Chamber of Commerce ...

3 Pakistanis arrested with bogus skin care creams

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April 02, 2019 03:04 pm

Three Pakistani nationals have been arrested in a raid on suspected bogus cosmetic products by the Consumer Affairs Authority of Sri Lanka (CAA) on Monday. “The...

BOC’s 2018 pre-tax profit of Rs. 31.9 bln, highest in the industry

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April 02, 2019 12:30 pm

Bank of Ceylon, having nearly completed 80 successful years, has closed 2018 with another record of Rs.31.9 billion Profit Before Tax (PBT) with a growth of 5 per cent along wit...

Singapore Airlines named Tripadvisor’s ‘Best Airline in the World’ for second consecutive year

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April 02, 2019 12:00 pm

Singapore Airlines has been named Best Airline in the World by renowned travel site TripAdvisor for the second consecutive year. “We are very pleased to be back...

SEC files action against powerful businessman Dr. Sena Yaddehige

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April 01, 2019 08:52 am

Powerful businessman Dr Sena Yaddehige has been charged with inside dealing by the Securities & Exchange Commission of Sri Lanka (SEC) in a case filed on March 7 before the ...

South Asia’s first Pilot Mobile 5G Service powered by Dialog Axiata

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March 29, 2019 06:02 pm

For the first time in South Asia, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, has successfully demonstrated a fully standards based 5G mobile service,...

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Features & Analysis

The Workshop Players present "The Power of Theatre: Artistry, Entertainment and Social Commentary"

The Lionel Wendt Memorial Fund, in collaboration with The Workshop Players of Sri Lanka, presents “The Power of...

In Pictures: Vesak celebrations

Though security considerations in the aftermath of the Easter Sunday terrorist attacks led to the cancellation o...

Gamini Dissanayake Foundation opens new Head Office in Kollupitiya

The Gamini Dissanayake Foundation opened its new Head Office at the first floor of the Blue Ocean Apartment building ...

Sri Lankan High Commission in UK hosts reception for national cricket team

The Sri Lankan High Commission in London, recently hosted a reception for the Sri Lankan cricket team in the UK that ...