SriLankan Airlines regrets that unforeseen thick ground fog in Abu Dhabi UAE last night (Dec 22) led to the closure f the airport and diversion of UL207 to Al Ain Airport. Due to the inability of accommodating the passengers there and with Abu Dhabi suffering extended delays, the aircraft was repositioned to Muscat. Due to…
Reuters – Sri Lankan shares ended flat on Friday for a second straight session, while trading was muted with turnover hitting its lowest level in a year ahead of Christmas holidays. The Colombo Stock Index ended 0.22 points firmer at 6,323.74, edging up from its lowest close since April 11 recorded on Wednesday. The bourse…
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), decreased to 8.4 per cent in November 2017 from 8.8 per cent in October 2017, on year-on-year basis. The change in the NCPI measured on an annual average basis increased…
The Commercial Bank of Maldives (CBM), a subsidiary of the Commercial Bank of Ceylon PLC, recently opened its second branch in the Maldives, a little over a year since it commenced operations in the archipelago. The new branch is located in Hulhumalé, the reclaimed island that is connected by road to the airport island of…
Reuters – Sri Lankan shares ended steady on Thursday, near an eight-month low hit in the previous session, as losses in oil palm and telecommunications offset gains in banking and diversified stocks. The Colombo Stock Index ended 0.03 percent firmer at 6,323.52, edging up from its lowest close since April 11 touched on Wednesday. Trading…
For the promotion of the economic growth and reduce poverty, creating more stable, secure country with new business opportunities abroad, , the U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors decided to reselects Sri Lanka for Its grant program, at meeting held Yesterday. The Sri Lankan embassy describe this re-selection bears testament to the…
Sri Lanka is placing its name on the global map as a sought-after destination by various international news feature reviews, as Eurasia review mentioned Sri Lanka as the most sought-after destination in Asia with reference to the 2018 Virtuoso Luxe –Australian report. According to the Virtuoso Report Sri Lanka is becoming one of the most…
Department of Immigration and Emigration is taking steps to introduce an internationally recognized passport which is on par with the standards of International Civil Aviation Services Organization. According to the Controller of Immigration and Emigration M.N. Ranasinghe, it will be introduced by the end of 2018. A UK firm, De La Rue, which is situated…
The Board of Directors of Sunshine Holdings PLCd appointed Sanjeev Shishoo, formerly the corporate Vice President of global healthcare giant, Novo Nordisk’s Global Service Centre (GSC) in Bangalore, as a Director of the Company. The appointment is effective January 1, 2018. With the new appointment, the Board of Sunshine Holdings PLC will now be comprised…
Reuters – Sri Lankan shares fell for a fourth straight session on Wednesday, as investors offloaded stocks of beverages and oil palm companies, while a block deal pushed up turnover. The Colombo Stock Index ended 0.06 percent weaker at 6,321.36, its lowest close since April 11. The index was down 0.4 percent last week, its…
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