Business

15% interest rate for senior citizens’ depositors from today (Thursday)

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February 26, 2015 10:02 am

  15% interest rate for senior citizens’ depositors from today (Thursday) The 15% special interest rate for depositor senior citizens is being accepted by all Sri Lankan comme...


SEC should not be involved in promotions-SEC chief

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February 26, 2015 09:53 am

  Sri Lanka’s Securities and Exchange Commission (SEC) should not be involved in marketing and promotions, SEC Chairman Thilak Karunaratne said on Thursday. Speaking at the tr...


Private sector workers demand Rs.2500 wage hike

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February 26, 2015 09:50 am

    Private sector workers mainly from the Free Trade Zone (FTZ) held a protest on Wednesday demanding an increase in wage allowance by Rs.2500 as proposed in the i...


Colombo shares close mixed on heavy sell off

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February 25, 2015 03:15 pm

The third trading day of the week on Wednesday saw a stumble in the Colombo equities due to heavy retail investor sell off, analysts said. "This largely stemmed from the policy unc...


Sajin Vass’ COSMOS flying school gets licence extension

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February 25, 2015 01:50 pm

The COSMOS Aviation owned flying school on Wednesday was given an extension of one week for a licence to operate the flying school pending audit by the Civil Aviation Authority (CA...


Colombo shares up on returned confidence

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February 25, 2015 12:22 pm

Colombo equities gained momentum on Wednesday by noon due to the returned investor confidence, analysts said. They added that a positive outlook over the country’s economy had op...


15% special interest rate to senior citizens cleared for take off

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February 24, 2015 03:48 pm

The 15 per cent special interest to senior citizens as announced in last month’s budget on Tuesday was cleared for take-off by the Finance Ministry and will now be implemented b...


Sri Lankan shares lose ground on Tuesday

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February 24, 2015 03:33 pm

      Colombo shares lost ground on Tuesday, owing to pressure from not-so-good-results posted by listed companies and the fact that corporate taxation matt...


Lankan trade unions protest tomorrow over wage hike issue

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February 24, 2015 03:30 pm

      Private sector employees are set to protest opposite the Katunayaka Free Trade Zone (FTZ) tomorrow demanding a wage hike of Rs.2,500 for eight million workers as propos...


Current interest rates to remain, Central Bank said

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February 24, 2015 09:27 am

  The Monetary Board of the Central Bank on Tuesday, contrary to expectations from Sri Lanka’s money markets, announced that policy interest rates will remain as it is. ...


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