In a market place replete with choice, and the growth of an ever savvier consumer base, the market today is looking for a quality product with a strong financial backing that would meet the requirements of a discerning clientele. 447 Luna Tower scores high across each and every parameter – as it offers a strong…
Reuters – Sri Lankan shares fell for a fourth straight session on Wednesday, hovering near 5-1/2-year low, as investors sold blue- chips amid concerns over economic and political stability. ** Parliament late on Tuesday passed the second reading of the 2019 budget that raises spending while setting an ambitious goal to reduce the country’s large…
The growth of tourism and Sri Lanka’s probable emergence as the main commercial and financial centre between Singapore and Dubai with the rise of the Colombo Port City, augur well for the country’s condominium market, a business leader in the sector said recently. Altair Director Pradeep Moraes told a Real Estate Investor Forum in…
To create awareness amongst cricket enthusiasts about the benefits of getting online The International Cricket Council (ICC) announced a partnership with GoDaddy Inc. (NYSE: GDDY), which will see the company that empowers everyday entrepreneurs become an official sponsor of the ICC Men’s Cricket World Cup 2019, one of the biggest sporting events in the world….
Reuters – Sri Lanka’s shares fell for a third straight session to a more than 5-1/2-year low on Tuesday as investors awaited a budget vote later in the day to assess the political stability of the government led by Prime Minister Ranil Wickremesinghe. ** Sri Lankan Finance Minister Mangala Samaraweera last week presented the 2019…
A number of countries have grounded Boeing’s 737 MAX 8 medium-haul workhorse jet in response to the Ethiopia crash. Singapore and Australia on Tuesday banned the use of Boeing 737 MAX aircraft in their airspace following a deadly plane crash in Ethiopia on Sunday. The Civil Aviation Authority of Singapore (CAAS) said in a statement that it…
Industry specialists representing diverse sectors recently evaluated the economic and tax perspectives arising from the 2019 National Budget at the CA Sri Lanka Budget Seminar held recently at the Hilton Colombo. The event was attended by a large number of professionals including Chartered Accountants. CA Sri Lanka President Mr. Jagath Perera delivered the welcome speech….
The Government has infused nearly Rs. 300 billion cash to the economy of Sri Lanka following a host of recent measures taken to address the liquidity issue, Addressing Sri Lanka’s Chamber of Young Lankan Entrepreneurs (COYLE) 20th anniversary, Sri Lanka’s Prime Minister Ranil Wickremesinghe on Sunday (10) revealed. Premier had further said the Treasury has…
Myanmar’s Eleven Media group owned Eleven Myanmar Daily Newspaper in a recent report quoting Sri Lanka’s State Minister of Finance Eran Wickramaratne has pointed out that ‘Rating agencies downgrade Sri Lanka to junk status’. The report further stated that Sri Lanka was downgraded from B1 to B2 by Moody’s Credit Rating and Standard &…
SriLankan Airlines, armed with several industry certifications of the highest recognized global standards, has positioned itself as the finest institution in South Asia for aircraft engineering Maintenance, Repair and Overhaul (MRO) for all airlines in the region. Vipula Gunatilleka, Group Chief Executive Officer of SriLankan Airlines, said: “SriLankan Airlines is the best choice for…
Video Story
