manusath-derana

Lead Story

economic-freedom12321

Perceived Economic Opportunity PEO: January, 2017

Expectation On Ability To Save Decreses Despite The Upward   Trend Of Expectation For Reduction Of Corruption  With The Establishment Of A Special Presidential Commission To Investigate The Central Bank Bond Issue   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400…

(0) Comments | March 29, 2017 5:14 pm

Featured

CAPTION-01-(1)

HNB celebrates opening of a new Student Savings Unit at St Joseph’s College, Colombo

Continuing in its pioneering efforts to inculcate the savings habit in children, Sri Lanka’s premiere private sector commercial bank, HNB PLC announced the opening of a new Student Savings Unit at St. Joseph’s College, Colombo. Timed to follow recent celebrations of the school’s 121st anniversary, the new unit was declared open by St. Joseph’s College…

(0) Comments | March 28, 2017 2:18 pm

Daraz.lk brings Avurudu Wasi; probably the largest online shopping event in Sri Lanka this Avurudu season

One of Sri Lanka’s leading e-commerce platforms, Daraz.lk announced ‘Daraz Avurudu Wasi’ in partnership with Buffalo Energy Drinks, to be held from 24th March to 17th April 2017. Claiming to be the largest online shopping event in Sri Lanka, ‘Avurudu Wasi’ promises to offer discounts up to 70% for over 1500 products. The range of…

(0) Comments | March 28, 2017 1:00 pm

Sri Lankan Waves to hit the shores of Dubai

~ Sri Lanka’s only natural rubber flip flop now available in UAE Flip flops are a must have in an island culture. It has stood the test of time and is the popular comfort wear choice for all ages. Waves is a name synonymous to quality, fashionable and colorful flip flops in Sri Lanka, and…

(0) Comments | March 28, 2017 12:54 pm

Bernard Botejue joins hands with ReForest Sri Lanka for a greener tomorrow

A large scale environmental project was witnessed in Ratnapura recently, spearheaded by the oldest apparel manufacturing company in Sri Lanka. Implemented under its key annual CSR initiative, Bernard Botejue Industries (Pvt.) Ltd. joined hands with ReForest Sri Lanka to successfully reforest 7 acres of land in Ratnapura. The timely initiative was of great significance as…

(0) Comments | March 27, 2017 2:07 pm

AIA Appoints David Beckham as its Global Ambassador

AIA teams up with David Beckham to help people live longer, healthier, better lives   AIA Group Limited (“AIA” or the “Company”; stock code: 1299), the largest independent publicly listed pan-Asian life insurance group, announced today the signing of a multi-year agreement with David Beckham, under which he will become the Company’s Global Ambassador. In…

(0) Comments | March 23, 2017 5:37 pm

Prestige service becomes No.1 in Asia

Prestige Automobile (Pvt.) Limited, the sole importer and distributor for BMW, MINI and latest BMW i vehicles in Sri Lanka, won two major awards inclusive of the award for ‘Best Customer Satisfaction Service Performance-2016’ out of the four awards at the annual Aftersales Conference -BMW Group Asia held in Singapore from 7th to 9th March…

(0) Comments | March 23, 2017 5:00 pm

Aditya Resort recognized by Tripadvisor for 5th consecutive year

Renowned for ensuring each guest experiences seductive bliss, the Aditya Resort was recently recognized in three categories by internationally recognized travel review site Tripadvisor. This years win marks the 5th consecutive year the resort has been recognized by Tripadvisor as one of the top 5 Best Hotels for Romance, top 5 Best Small Luxury Hotels…

(0) Comments | March 23, 2017 4:52 pm

HNB Salutes the Indomitable Spirit and Dedication of ‘Women Power’ On International Women’s Day

Sri Lanka’s leading private sector commercial bank, HNB PLC hosted a special event saluting the dedication and determination of the Bank’s female staff and felicitating a group of loyal  customers during celebrations in commemoration of International Women’s Day 2017. Organized exclusively by the female employees of the Bank’s Head Office branch, the event drew enthusiastic…

(0) Comments | March 23, 2017 11:36 am

Celebrating Good France at Waters Edge

French cuisine dates back to the 14th century and since then has been an integral part of how the world eats. So much so that in November 2010, French gastronomy was added by the UNESCO to its lists of the world’s “intangible cultural heritage”. Recreating all things French, Sri Lanka’s premier culinary hub and events…

(0) Comments | March 23, 2017 10:15 am

‘Tea-licious’ Treats at Waters Edge

The British tradition of High Tea began in the mid-1700s as an afternoon meal usually served between 3 and 4 o’clock. It was a meal taken standing up or sitting on tall stools, thus ‘high’. Tea was served with a range of “bite-sized” sweets and savouries. Recreating this delightful experience, Sri Lanka’s culinary hub Waters…

(0) Comments | March 23, 2017 10:10 am

Top News

European Competition Commissioner Margrethe Vestager speaks during a press conference in Brussels on March 29, 2017 about the EU decision to block the LSE-Deutsche Boerse merger.
The EU blocked the blockbuster merger of the London Stock Exchange with Germany's Deutsche Boerse today, snagged by competition concerns and the fallout from Brexit. / AFP PHOTO / Aurore Belot        (Photo credit should read AURORE BELOT/AFP/Getty Images)

EU Blocks Deutsche Boerse’s $14 Billion Takeover of London Stock Exchange

Bloomberg – European Union regulators dealt a final blow to Deutsche Boerse AG’s planned takeover of London Stock Exchange Group Plc, a symbolic block on EU-U.K. integration on the same day Britain formally serves notice of its decision to quit the EU. The $14 billion deal to create Europe’s biggest exchange would have harmed competition…

(0) Comments | March 29, 2017 4:17 pm

Lankan Business Delegation Visits Moscow, led by Sri Lanka – Russia Business Council

A 25 member Sri Lankan business delegation led by Sri Lanka – Russia Business Council of the Ceylon Chamber of Commerce together with the Sri Lankan Embassy in the Russian Federation visited Moscow last week. The business delegation, which was led by President of the Sri Lanka – Russia Business Council, Mr. Isuru Samarasinghe, Managing…

(0) Comments | March 29, 2017 12:55 pm

CSE and Sydney Stock Exchange move to improve capital market ties

The Colombo Stock Exchange (CSE) and the Sydney Stock Exchange (SSX) recently entered into a memorandum of understanding (MoU) to broaden mutual development and create new links between Australian and Sri Lankan businesses and capital markets. The agreement was inked at the backdrop of the Invest Sri Lanka Forum that took place in Sydney last…

(0) Comments | March 29, 2017 12:52 pm

Sri Lankan shares rise on foreign investor buying; turnover hits 1-mth high

Reuters – Sri Lankan shares closed slightly stronger on Tuesday, recovering from a more than one-year closing low hit in the previous session, as foreign investors bought battered stocks while block deals pushed the day’s turnover to a one-month high. The Colombo stock index closed 0.17 percent firmer at 5,985.08, closing below a key psychological…

(0) Comments | March 29, 2017 7:56 am

Trade and investment promotion event held in New Delhi

Sri Lanka High Commission in New Delhi organized a trade and investment promotion event on 21st March at the High Commission premises. The main focus of the event was to promote Sri Lanka’s exports and investments among the members of BRICS Chamber of Commerce and Industry. The event was sponsored by the Department of Commerce…

(0) Comments | March 29, 2017 7:16 am

PUCSL Kicks off the 2nd edition of Consumer Rights Forum 2017

Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator held the second edition of  ‘Consumer Rights’ Forum, featuring an eminent panel of experts , on 28th March 2016 at the Bandaranaike Center for International Studies to mark the occasion of ‘Consumer Rights Day’. This noteworthy initiative by PUCSL reflects the thought leadership in driving…

(0) Comments | March 28, 2017 5:07 pm

Stock brokers to meet Finance Minister over unfavourable situation

The Colombo Stock Exchange (CSE) is reportedly facing an unfavourable situation due to the continued slump. By yesterday (27 March) the All Price Index has weakened 4.07% since the beginning of 2017. While the brokering companies are faced with several serious issues under these circumstances, Ada Derana Biz learned that some companies are mulling pay…

(0) Comments | March 28, 2017 4:30 pm

Truecaller and Google Come Together to Improve Video Calling for Millions – As Truecaller Rolls Out New SMS and Flash Messaging Services to Users

Google Duo integration into Truecaller set to bring all-in-one communications app to millions, as Truecaller app adds new messaging and SMS blocking features   Truecaller today announced a strategic agreement to integrate Google Duo, a high quality video calling service, within the Truecaller app. This will add a crucial communications layer that strengthens the value…

(0) Comments | March 28, 2017 4:25 pm
More Featured News

Analysis

economic-freedom12321

Perceived Economic Opportunity PEO: January, 2017

Expectation On Ability To Save Decreses Despite The Upward   Trend Of Expectation For Reduction Of Corruption  With The Establishment Of A Special Presidential Commission To Investigate The Central Bank Bond Issue   This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400…

(0) Comments | March 29, 2017 5:14 pm

How new visa changes can influence Sri Lanka’s Real Estate Market

Five years ago, Sri Lanka’s government imposed stricter rules on visa requirements. This happened as part of an on-going process to improve administrative procedures following the end of the war in 2009. Since the new visa laws were proposed, a new government has come into power. What impact do the new visa requirements and this…

(0) Comments | February 15, 2017 10:44 am

Expectation on ability to save increases despite downward trend of expectation for corruption reduction

Perceived Economic Opportunity PEO: December, 2016 This brief report of the Perceived Economic Opportunity (PEO) presents the analysis of a random survey carried out using a sample of 400 men and women in December 2016 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB…

(0) Comments | February 9, 2017 1:14 pm
More Analysis

Video Story