Blue Mountain Apartments, part of the Blue Mountain Group, held the ground-breaking ceremony of its most iconic development project and one of the biggest such projects to-date – Achilleion, Colombo’s first 7 star luxury apartment complex, on 19th of January, amongst a distinguished gathering of several diplomats, VIP guests and other distinguished members of the…
Sri Lanka’s leading investment banking firm and the preferred partner in financial markets, Capital Alliance Limited (CAL), has been assigned the issuer rating of [SL]A- with stable outlook by ICRA Lanka Limited, subsidiary of ICRA Limited (a group company of Moody’s Investors Service). The rating factors CAL’s position as one of the leading standalone primary…
Sri Lanka’s premier exhibition in the construction sector “Construction Expo 2017”, featuring all aspects related to the construction and building industry will be held on June 2,3 and 4, at the BMICH. “This event showcases products and services that help the participants to interact with all the stakeholders and key service providers within the building…
The Employees’ Trust Fund (EPF) and Sri Lanka Insurance took steps today (19 January) to divest their shares at Royal Ceramics Lanka PLC. Accordingly, 1,981,270 (1.77%) shares owned by ETF, which is the 5th largest shareholder of Royal Ceramics Lanka PLC, and 1,353,186 (1.22%) shares of the 9th largest shareholder, Sri Lanka Insurance – Life…
Reuters – Jan 18 Sri Lankan stocks closed slightly weaker on Wednesday, falling for a third straight session, as investor sentiment took a hit on uncertainty over foreign investments and rising yields on short-term government securities. Yields on treasury bill auctions rose 1-16 basis points at a weekly auction on Wednesday to a four-month high…
The European Union wishes to reiterate that the ratification and implementation of 27 international conventions signed by a succession of Sri Lankan governments, are the only criteria on which the Government of Sri Lanka’s application to rejoin the Generalised Scheme of Preferences Plus (GSP+) is assessed. These conventions relate to international human rights, labour rights,…
SriLankan Cargo (www.srilankancargo.com), the freight handling arm of SriLankan Airlines, set a new record for the amount of cargo handled at the Cargo Centre of Colombo’s Bandaranaike International Airport with a massive total of 239,636 tonnes in 2016, a remarkable growth of 12.88% over the 212,277 of the previous year. SriLankan Cargo handles cargo of…
– 261 luxury apartment housing units will be ready for occupation by end 2020 – Leverages on the booming real estate and housing scope to offer world-class housing at affordable prices Leading infrastructure and property developer, Iconic Developments Ltd, the developer of Iconic 110 Parliament Road, celebrated the beginning of construction of their latest housing…
The effects of domestic NTBs on agricultural export growth A study by Verité Research (VR) together with the Lanka Fruit and Vegetables Producers, Processors and Exporters Association (LFVPPEA) found that domestic barriers faced by Sri Lankan exporters at the border of their own country to be a significant problem. These barriers exist especially for agricultural…
Sri Lanka has signed a US$125 million credit with the World Bank to help the country modernize its agriculture sector. Sri Lanka aims to make the sector more efficient and attractive as a modern business, more responsive to consumer demand, and more environmentally sustainable and resilient to climate change. Sri Lanka’s agricultural sector has evolved…
Video Story
