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Jaguar Land Rover Partners Transcend For Shangri-La Hotels

Luxury fleet of 30 Jaguar and Land Rover Vehicles Contracted by Transcend Drive for Shangri-La Hotels   Shangri-La Colombo the second property in Sri Lanka for the luxury Asian hospitality group – joining Shangri-La’s Hambantota Golf Resort and Spa will soon open its doors with a luxurious fleet of thirty Jaguar and Land Rover Vehicles….

(0)Comments | September 25, 2017 11:44 am

CB Governor offers key insights into the Government’s Vision 2025 at DFCC Bank’s high level strategy workshop

DFCC Bank organized a strategizing session on September 9th at the Pegasus Reef Hotel, Wattala, where a cross-section of the Bank’s senior staff engaged in interactive and participatory discussions as well as focused strategy discussions for the Bank’s development in 2018-2020.   The highlights were the sessions conducted by two of the country’s financial leaders…

(0)Comments | September 25, 2017 9:47 am

Sri Lanka – The Land of Serendipity

The Embassy of Sri Lanka in Stockholm in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB) recently conducted a series of tourism promotional events titled “Sri Lanka; The Land of Serendipity” on board the ships of Tallink Silja Shipping Line on their voyages to Tallinn-Estonia and Riga-Latvia and on return voyages to Stockholm showcasing…

(0)Comments | September 24, 2017 11:48 pm

Sri Lankan shares end lower on selling in blue chips, banks

Reuters – Sri Lankan shares fell for a second straight session on Friday, as investors sold diversified and banking shares in thin trade that saw turnover slumping to a near four-week low. The Colombo stock index ended 0.38 percent weaker at 6,427.26, off its highest close since Aug. 14 hit on Wednesday. It however gained…

(0)Comments | September 23, 2017 8:37 am

The Expectation Of Reduction Of Corruption In Sri Lanka Grows Higher

Perceived Economic Opportunity PEO: June, 2017 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 June 2017 covering all districts in Sri Lanka on their expectations of economic prospects in the ensuing twelve months. STATUS OF JOB…

(0)Comments | September 23, 2017 8:34 am

Uber Loses License to Operate in London

LONDON — Uber’s history of scandals and disregard for local rules finally caught up with it on Friday, when London declined to renew the ride-hailing company’s license to operate in the city, its largest European market. Transport for London, the agency that oversees the city’s subways, buses and taxicabs, declared that Uber was not sufficiently…

(0)Comments | September 23, 2017 8:24 am

Cargills Bank opens in Wattala

Cargills Bank opened its new branch in Wattala recently which is located at No 315, Negombo Road, Wattala giving an opportunity to customers of Wattala to experience superior banking service and convenience. The new Cargills Bank branch was declared open by Chief Guest Mrs. P D T C Rajika – Divisional Secretary Wattala, in the presence…

(0)Comments | September 22, 2017 2:59 pm

SBI Holdings to acquire 20 pct stake in Sri Lanka-based co Wealth Trust Securities

Sept 22 (Reuters) – SBI Holdings Inc * Says it has concluded an agreement to acquire 20 percent stake in Sri Lanka-based co Wealth Trust Securities Limited, and provide investment products, primarily Sri Lankan bonds, through its subsidiary SBI SECURITIES Co., Ltd * Acquisition price not disclosed * Wealth Trust Securities Limited is a licensed…

(0)Comments | September 22, 2017 10:53 am

Inflation in August 2017

Inflation, as measured by the change in the National Consumer Price Index (NCPI) (2013=100), which is compiled by the Department of Census and Statistics (DCS), increased to 7.9 per cent in August 2017 from 6.3 per cent in July 2017, on year-on-year basis. Both Food and Non-food categories contributed towards the year-on-year inflation in August…

(0)Comments | September 22, 2017 10:48 am

Sri Lankan shares end steady near 5-week closing high

Reuters – Sri Lankan shares ended flat on Thursday, near a more than five-week closing high hit in the previous session, as gains in beverage and construction shares were offset by losses in bank stocks. The Colombo stock index ended 0.02 percent lower at 6,451.55, edging down from its highest close since Aug. 14 hit…

(0)Comments | September 22, 2017 8:54 am

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