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With the dawn of peace after the cessation of the three-decade conflict in the country, the economy of Sri Lanka witnessed a considerable expansion in all three sectors. Year 2010 recorded a significant enhancement in the Gross Domestic Product (GDP) by 8% and the first half of 2011 recorded
- Sri Lankan F&B industry: What’s next? (Category: Business)
- Sunquick Lanka brings home best country award (Category: Business)
- Need for a consumer society (Category: Business)
Union Bank of Colombo PLC (UBC) together with ShoreCap II Limited of USA, an International foreign investment Fund, has acquired over 98% of the voting shares of The Finance and Guarantee Company Ltd. (TF&G), infusing Rs. 1.1 billion in new capital to resurrect one of Sri Lanka’s oldest finance companies. Previously Union Bank acquired National ...
- UBC and ShoreCap buy TF&G (Category: Breaking News)
- Fresh start for TF&G with Union Bank acquisition (Category: Business)
- UB Finance endeavours to deliver a unique proposition of economic and social value (Category: Business)
- Janashakthi Insurance partners with Union Bank for bancassurance (Category: Business)
The tourism industry is at the zenith in Sri Lanka today. So is cricket. We won the World Cup in 1996. Thereafter we became runners up twice, which is a rare distinction. There are ups and downs in any game. Cricket is no exception. But the fact that we are in the zenith of the ...
- Pakistan announce itinerary for Australia series in UAE (Category: Business)
- Dilshan’s future as captain looks uncertain (Category: Business)
- Pakistan to give own award to Ajmal after ICC omission (Category: Business)
- We can beat Pakistan: Dilshan (Category: Business)
Highlights include resettlement, Economic development newsWASHINGTON: Sri Lanka’s Ambassador to the United States and Mexico Jaliya Wickramasuriya, is featured on a new webcast produced by the Embassy of Sri Lanka. During the webcast, Ambassador Wickramasuriya discusses post-conflict resettlement, reconciliation and development in Sri Lanka. He calls on members of the Sri Lankan community in...
- USAID: Celebrating our shared values (Category: Breaking News)
- US Ambassador commends resilience of Sri Lankans in the face of terrorism (Category: Breaking News)
- President Obama announces new US ambassador to Sri Lanka and Maldives (Category: Breaking News)
- New US Ambassador presents credentials to President (Category: Breaking News)
By Jude Fernando Another humiliating defeat for the United National Party (UNP) and the Janatha Vimukthi Peramuna (JVP) in the forthcoming elections would certainly improve the country’s future prospects for democracy with equality and justice. A UPFA victory could be celebrated with a sense cautious optimism: perhaps it will enable the evolution of a democratic ...
- Making Sense Of The UNPs Elusive Victory In The Colombo MC (Category: Breaking News)
- It’s a long way to the Arab Spring in Sri Lanka (Category: Business)
- Ranil Wickremesinghe’s Sixth (Mis)adventure: An Indisputable Reason For The ‘Aragalaya’ To Stay ... (Category: Breaking News)
- Reflecting On 34 Years: The JVP & The Legacy Of Comrade Rohana Wijeweera (Category: Breaking News)
Justice and fair-play is paramount Justice and fair-play are of paramount importance to all members of the world family consisting of 193 nations expecting justice and fair-play equally. It is the principle on which the United Nations was established in place of the less-effective League of Nations, in order to settle differences among nations based ...
- Transparency and equality in human rights arena (Category: Business)
- Towards ‘Wonder of Asia’ with regional and world peace (Category: Business)
- MIGHT OF POWERFUL NATIONS CANNOT PREVAIL AGAINST JUSTICE AND FAIR PLAY – PRESIDENT AT UN SESSIONS (Category: Breaking News)
The policy changes, reforms and modernisation since Budget 2011 appears to have been the context of a presentation made to the Joint Apparel Association Forum in July 2011 by the “leading light” in finance, planning, treasury management and economic development. Sri Lanka background 2000-’10 The presentation articulates the background issues experienced from 2000 to 2010. ...
- Achieving economic goals amidst global challenges (Category: Business)
- Raising the bar: The rise of the Sri Lankan economy (Category: Business)
- Treasury Secy. showcases recent economic success and future outlook (Category: Business)
- For a change Geneva, Zurich to hear Sri Lanka’s post-war potential this week (Category: Business)
Sri Lanka’s ambition to stage the 2018 Commonwealth Games could receive a further boost today with the arrival of a European delegation that will play a key role in the crucial vote that decides the host city in November. As the race to host the event reaches its final stages, the Hambantota 2018 bid is ...
- 2018 CW Games bid team appeals to underdog status (Category: Business)
- Sri Lanka bids to host the games (Category: Breaking News)
- Asian delegation in town for Hambantota bid (Category: Business)
- Hambantota confident as 2018 Commonwealth Games Vote countdown begins (Category: Business)
Last week I received an invite for an ‘Inventors Day Celebration’ in one of the leading schools in the country and the master in charge shared a thought that I felt was a cutting edge idea. Apparently, every one of us is an inventor in some part of our daily life. The issue is that ...
- Wimbledon 2012 pick-ups for Lanka (Category: Business)
- Global Commerce Excellence awards next week (Category: Business)
- For tourism, after BRICs, Lanka-included SLIMMA is the best (Category: Business)
The Small and Medium Enterprise Developers (SMED), the SME arm of the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) is organising a delegation to visit ‘International Gift and Houseware Fair in Bangkok’, on 18 – 22 October 2011 at Bangkok International Trade and Exhibition Centre (BITEC) in Thailand. The SMED was ...
- At Odds (Category: Business)
- SMED seminar on managing electrical energy of business enterprises and industries (Category: Business)
- Seminar on ‘Safety Aspects in Boilers and Pressure Vessels’ (Category: Business)
Public service is poised to get a shot in the arm making it greatly people-friendly soon due to a project initiated by the ICT Agency of Sri Lanka (ICTA) recently. As one of the latest phases of the e-Services initiative ‘the Lanka Gate e-Services Project’ of ICTA, aims at better public service by developing ...
- Eurocenter enables e-services for ICTAs Lanka Gate Project (Category: Breaking News)
- “Librarians have important role to play in eSri Lanka initiative”: ICTA Chairman (Category: Business)
- Sri Lanka ready to provide optimum service via mobile phone (Category: Business)
- Special New Year transport information via 1919 (Category: Business)
The Central Bank yesterday announced further relaxation of foreign exchange rules with immediate effect. It said that with a view to facilitating the foreign exchange transactions of the growing economy of Sri Lanka, a few new policy measures had been introduced to further relax the foreign
- FOREIGN EXCHANGE REGULATIONS FURTHER RELAXED (Category: Breaking News)
- CB further relaxes forex rules (Category: Business)
- Ease of forex rules won’t impact rates (Category: Business)
- Rules on forex accounts relaxed (Category: Breaking News)
Central Bank announced today further relaxation of foreign exchange rules with immediate effect. It said with a view to facilitating the foreign exchange transactions of the growing economy of Sri Lanka, a few new policy measures have been introduced by the Central Bank to relax the foreign
- India and China to take part Lanka's joint military exercise (Category: Breaking News)
- FDI inflows to the country increased (Category: Breaking News)
- 25 Sri Lankan fishermen apprehended by Indian Coast Guard (Category: Breaking News)
- Crucial vote on US backed resolution could take place this evening (Category: Breaking News)
IMF Resident Representative Dr. Koshy Mathai made an interesting observation at a seminar in Colombo the other day. He said that the price of milk here was the same as in the USA. In effect Third World Sri Lankans are paying First World American or US prices for their milk (whether it be powdered or ...
- Appreciating the exchange rate to create prosperity (Category: Business)
- Aid, So Near, But Yet So Far (Category: Breaking News)
- Need To Maintain Flexible Exchange Rate (Category: Breaking News)
- Achieving economic goals amidst global challenges (Category: Business)
By Ashwin Hemmathagama National Insurance Trust Fund (NITF) was created by an Act of Parliament in the year 2006. A subsequent amendment, No 28 of 2007 has empowered NITF to accept compulsory reinsurance cession from local insurance companies. NITF has fixed the compulsory cession at 20% of the general insurance programmes of all insurance companies ...
- NITF (Category: Breaking News)
- RAM reaffirms National Insurance Trust Funds ratings at AAA/P1 (Category: Business)
- Outlook stable for reinsurance industry: S&P (Category: Business)
- Debutant Orient Insurance records Rs. 100 m GWP in 1Q (Category: Business)
President Rajapaksa will address the Oxford Union tomorrow. The President left for the United Kingdom on a special invitation from the Oxford University. He is due to address the Oxford Union for the second time tomorrow. President Rajapaksa addressed the Oxford Union earlier in 2008, at an invitation extended from the Sri Lanka Society at ...
- Sri Lankan President to address Oxford Union tomorrow (Category: Breaking News)
- President leaves for London (Category: Breaking News)
- President in London (Category: Breaking News)
- President postpones visit to Oxford (Category: Breaking News)
of his address was “Strategy towards Empowering the Rural Economy of Sri Lanka.” President Rajapaksa ...
- Sri Lankan President to address Oxford Union tomorrow (Category: Breaking News)
- President leaves for London (Category: Breaking News)
- Sri Lankan President to address Oxford Union tomorrow (Category: Breaking News)
- President will address Oxford University tomorrow (Category: Breaking News)
President Rajapaksa has arrived in London. He has undertaken the visit at the invitation of the Oxford University. The President reached London early this morning, Sri Lanka time. He is due to address the Oxford Union for the second time on Thursday the 2nd. In 2008 President Rajapaksa addressed the Oxford Union at its invitation ...
- Sri Lankan President to address Oxford Union tomorrow (Category: Breaking News)
- Sri Lankan President to address Oxford Union tomorrow (Category: Breaking News)
- President in London (Category: Breaking News)
- President will address Oxford University tomorrow (Category: Breaking News)
President Rajapaksa has left for London on a three-day official visit. President Rajapaksa had been invited by the Oxford Union and the Sri Lanka Society of Oxford University. He is due to address the Oxford Union on the 2nd of next month. The President is expected to speak on the defeat of terrorism and Sri ...
- Sri Lankan President to address Oxford Union tomorrow (Category: Breaking News)
- Dr. Jayalath Jayawardene confirms Wickremabahuâs anti-Sri Lankan speech. (Category: Breaking News)
- President leaves for London (Category: Breaking News)
- President in London (Category: Breaking News)
By Dr.Laksiri Fernando (Text of DA Rajapaksa Memorial Address) National development is not merely about the economy but the economy is central. It entails economic, social, political, cultural and even moral aspects. The contribution of the North and the East during the last three decades or so was hampered in all these spheres by the separatist and the terrorist war. It is nece...
- American Premium – Market Leader In Bottled Water (Category: Breaking News)
- KP speaks out ~ 2 – An interview with the former LTTE chief (Category: Breaking News)
- âWindow to Chinaâ launched (Category: Breaking News)
- No Tsunami danger due to earthquake off Maldives â (Category: Breaking News)
According to reports, CSE’s Chief Executive Surekha Sellahewa has said that liquidity in the market would be increased by broadening the investor base, increasing listed companies, improving market structure and introducing more asset classes to trade. The Chief Executive was unavailable for comment upon being contacted by the Sunday Leader. However, experts believe that such ...
- Stock Exchange responds to Wijetilleke’s comments (Category: Business)
- New features on the CSE website for investors (Category: Business)
- Stock shock (Category: Business)
- CSE’s Wednesday turnover tops Rs 9.14 billion (Category: Breaking News)
of Sri Lanka was resilient growing [...]
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