Beware! More rackets after fall in motor vehicle prices.Take care of your cash- video Interview

The prices of motor vehicles have gone down as never before due to the price reduction through the Budget and the depreciation of the Japanese Yen. However, several rackets too have raised their heads where certain persons promise the prospective vehicle buyers that they would import their vehicles and obtain the money in advance, says…

(0)Comments | November 29, 2014 12:22 pm

Isn’t it unreasonable for commercial banks to maintain a higher interest margin? Commercial Bank Chairman replies – Video interview:

Ada Derana 24×7 News Channel’s BIZ 24×7 held a special discussion with Commercial Bank Chairman Dharma Dheerasinghe on the performance of commercial banks and current economic trends against the backdrop of the prevailing low interest environment. The discussion on video:

(0)Comments | November 26, 2014 11:59 am

Sri Lanka Central Bank Warns on Yen Weakness

The fall of the yen against the dollar has raised the specter of competitive depreciations that could upset Asia’s monetary order, the governor of Sri Lanka’s central bank said. Ajith Nivard Cabraal said Sri Lanka would likely benefit, in the short term at least, since the sliding yen makes it easier for the country to…

(0)Comments | November 25, 2014 9:40 am

Think before you jump! What to know about China-Sri Lanka FTA – Video Interview

In an interview with Ada Derana ‘Biz 24X7’ Professor of the University of Sri Jayewardenepura (USJP) Ranil De Silva says that Sri Lanka could gain more benefit by the proposed China-Sri Lanka Free Trade Agreement (FTA) by developing production giving prominence too science and technology.

(0)Comments | November 22, 2014 12:35 pm

Is Sri Lanka Credit Information Bureau another Police? –video Interview

Ada Derana ‘Biz 24X7’ Interview with the Deputy General Manager of Credit Information Bureau of Sri Lanka, K A Janaka Lakmal. The discussion:

(0)Comments | November 17, 2014 10:01 am

Auditor General’s special disclosure on EPF investments in CSE

The Employees Provident Fund (EPF) has released its 2012 annual report where the Auditor General has made a special disclosure of the Fund’s investments and their income. Auditor General H.A.S. Samaraweera’s annexure to this report states by 16 December 2013 the EPF had incurred a loss of Rs. 14.4 billion from its investments of Rs….

(0)Comments | November 14, 2014 6:45 pm

Is your digital data including Facebook secure? –Video Interview

Most Sri Lankans by now use various digital data including Facebook, credit cards etc. However, using these data securely and the actions to be taken in case they are misused are very essential. BIZ 24×7 of Ada Derana 24×7 held a discussion regarding this issue with Senior Lecturer of the Law Faculty of the Kotelawela…

(0)Comments | November 14, 2014 11:50 am

Ample stocks of Pelwatte milk powder, yet government institutions selling imported stuff, laments Ariyaseela Wickremanayake

Pelwatte Dairy Industries, Master Divers and Maubima Lanka Foundation Chairman Ariyaseela Wickremanayake joined Biz 24×7 of the Adaderana 24×7 Channel for an exclusive interview.    

(0)Comments | November 11, 2014 10:47 am

The Best and Worst Places in the World to Run a Business, Ranked by the World Bank

You’d have to be heroic — or perhaps willing to break the law — to start a business in Venezuela, Afghanistan or Libya. They’re among the lowest-ranked economies in the World Bank’s latest “Doing Business” report, which scores 189 nations based on how hard it is to run a company there. Being an entrepreneur in…

(0)Comments | November 10, 2014 4:12 pm

Sri Lanka’s Royal Ceramics leaps into Kangaroo-land with subsidiary

Royal Ceramics Lanka PLC has incorporated a fully owned subsidiary by the name of Rocell Pty Limited in Australia to engage in the wholesale and retail business of floor and wall tiles and bathware. The initial investment in this subsidiary is 525,000 Australian dollars which is equivalent to Sri Lankan Rs. 61.5 million.

(0)Comments | November 7, 2014 5:23 pm