Reuters – Sri Lankan stocks edged up for a third straight session on Friday posting a more than one week closing high, led by gains in large cap shares amid investor appetite for stocks that took a hit earlier in the week due to a proposed tax increase. The International Monetary Fund (IMF) said on…
It’s being called the fourth industrial revolution and has century old companies and globally renowned brands rethinking their business and communication strategies to cater to a new generation of customers. Two sectors in particular are tied closely to the population than any other sectors and need to be ahead of the digital transformation to stay…
A staff from the International Monetary Fund (IMF) led by Jaewoo Lee visited Colombo during September 13-23 2016 to hold discussions on the first review of the Sri Lankan authorities’ economic program that is being supported by a three-year Extended Fund Facility (EFF). The program aims to support the authorities’ ambitious reform agenda to put…
Angelia Ong, the winner of the Miss Earth 2015 pageant, recently graced the ‘Derana Miss Sri Lanka for Miss Earth 2016’ on a special invitation by TV Derana- to crown the winner of the pageant this year. Angelia was also accompanied by Brittany Payne -the 2nd runner-up of Miss Earth 2015. Pictured here are scenes…
Minister of Development Strategies and International Trade Malik Samarawickrama underscored Sri Lanka’s interest to further strengthen economic relations with Korea, at a meeting with the Korean Deputy Prime Minister and Minister of Strategy and Finance Yoo Il-ho on Tuesday 20 September in Seoul. The Minister strongly welcomed more Korean investment in Sri Lanka’s growing economy,…
Reuters – Sri Lankan stocks hit a one-week closing high on Thursday, led by blue chips as investors picked up beaten down counters, even as foreign investor outflow touched a seven-month high, mainly due to selling in shares of National Development Bank. The benchmark index of the Colombo Stock Exchange ended 0.21 percent higher at…
Allows riders the convenience of scheduling a ride up to 30 days in advance Uber, the smartphone app that connects riders with drivers at the push of a button, today launched the ‘Schedule a Ride’ feature for its riders in Colombo. A top-requested service from riders around the world, especially from business travelers who use…
New packaging enhances quality for its consumers Lanka IOC introduced its Global Container packaging for SERVO Lubricants at a special function held at Taj Samudra Hotel. The newly introduced Global Container attributes to increased speed, flow, smoothness, higher life span of product and energy, withstanding a higher load. The new packaging also delivers an innovative,…
San Francisco (AFP) – Yahoo said Thursday a massive attack on its network in 2014 allowed hackers to steal data from half a billion users and may have been “state sponsored.” Yahoo, which confirmed details of the breach months after reports of a major hack, said its investigation concluded that “certain user account information was…
The Department of Economics, University of Colombo takes pride in organizing the Tourism Leaders’ Summit and International Research Symposium – 2016 on the theme of “Tourism for All – Promoting Universal Accessibility”, and The International Research Symposium under the theme of “Integration and Networking Sri Lanka Tourism Development for All”. These events will be held…
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