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Travel alert update-BIA renovations

SriLankan Airlines wishes to inform all passengers that in view of a slight delay in the construction planned, we have noted that we are not yet restricted in space at this early stage of the renovation. Hence passengers have the option of still reporting at normal times – that is three hours prior to departure…

(0)Comments | June 18, 2018 3:26 pm

Sri Lanka Rupee continues to depreciate, hits Rs. 161 against US Dollar

Sri Lankan Rupee reported another record low at selling rate of Rs. 161 against the US Dollar, making the Rupee depreciating against US Dollar at over 21% from the December 2014 levels. Central Bank announced average telegraphic transfer rates quoted by Colombo based Commercial banks as at 9:30 a.m today (18) reported as selling rate…

(0)Comments | June 18, 2018 2:37 pm

Rupture in a Crude Oil carrying pipeline to Sapugaskanda

A rupture has been reported in a pipeline which carries crude oil to the Sapugaskanda Oil Refinery, reports recently outlined. However, the National Petroleum Corporation (NPC) had told reporters that the rupture is in the pipeline which carries oil from the oil vessel to the buoys and that officials have already been deployed to carry…

(0)Comments | June 18, 2018 1:32 pm

John Keells IT to accelerate business innovation with Microsoft

John Keells Holdings will be the first customer in Sri Lanka to host SAP S/4HANA on Azure Microsoft recently announced a strategic partnership with John Keells IT to accelerate John Keells Holdings’ Digital Transformation journey as well as enable them to build on this value proposition as a Partner across Asia and MENA. A big…

(0)Comments | June 18, 2018 12:16 pm

SriLankan Airlines – Travel Alert at BIA Renovations

SriLankan Airlines wishes to inform all passengers, to arrive at the airport four hours prior to their departure time effective from Monday 18th June 2018. This is mainly due to a series of renovation work expected to commence shortly at the emigration counter areas at the departure terminal of the BIA. SriLankan Airlines would like to express…

(0)Comments | June 17, 2018 8:45 pm

Trump imposes 25% tariff on Chinese goods

BBC – US President Donald Trump has imposed 25% tariffs on $50bn worth of Chinese goods, accusing Beijing of intellectual copyright theft. The US will impose further tariffs if China retaliates, the White House said. The tariffs affect more than 800 types of products and are due to come into effect on 6 July. China…

(0)Comments | June 15, 2018 6:28 pm

Millionaires Now Control Half of the World’s Personal Wealth

Bloomberg – The rich are getting a lot richer and doing so a lot faster. Personal wealth around the globe reached $201.9 trillion last year, a 12 percent gain from 2016 and the strongest annual pace in the past five years, Boston Consulting Group said in a report released Thursday. Booming equity markets swelled fortunes, and investors outside the…

(0)Comments | June 15, 2018 5:13 pm

Openet Expands Policy and Charging Solution for SLT with VoLTE

Ireland’s Dublin based telecom sector software vendor Openet that markets products used by telecommunications service providers to commercialize and analyze activity on their network through processing customers’ data, late May 2018 had announced that Sri Lanka Telecom (SLT), Sri Lanka’ ‘s state owned telecom operator, is extending their Openet Policy and Charging solution to support…

(0)Comments | June 15, 2018 1:40 pm

Nihal Hettiarachchi & Company Hosts HLB International Asia Pacific Regional Conference Delegates

Nihal Hettiarachchi and Company, a leading Chartered Accountants’ firm, in affiliation with HLB International, London, hosted the “HLB International Asia Pacific Regional Conference” under the theme “Excellence through Unity”. It is held from 14th to 17th June 2018 at Shangri-la Hotel, Colombo. The delegates were given a preview of Sri Lankan culture through dance acts…

(0)Comments | June 15, 2018 11:10 am

MCC grants additional $2.6 mn for compact development

The U.S. Government’s Millennium Challenge Corporation (MCC) Managing Director for Europe, Asia, Pacific, and Latin America Caroline Nguyen visited Sri Lanka from June 11 to 13 to advance the development of the proposed MCC compact a large-scale five-year grant program. The U.S. government is developing this compact in partnership with the Government of Sri Lanka…

(0)Comments | June 15, 2018 10:52 am

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