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Apple's App Store hit by malware attack in China

Apple has said it is taking steps to remove a malicious program found in a number of applications used by owners of iPhones and iPads in China. It is thought to be the first large-scale attack on Apple’s App Store. The American firm said hackers had embedded a malicious code into the apps by persuading…

(0)Comments | September 21, 2015 10:33 am

Exclusive: All-new Nissan Leaf to get 300-mile range

The next generation of the Nissan Leaf electric car is on the way with Nissan aiming for a 300-mile range Nissan is well underway with development on an all-new Nissan Leaf, which could arrive as early as 2017 with a range of up to 300 miles. “We will have a full model change of Leaf…

(0)Comments | September 21, 2015 10:23 am

India's producers use Sri Lanka port to escape domestic non-tariff barriers

At the Walayar checkpoint in southern India, lines of idle trucks stretch as far as the eye can see in both directions along the tree-lined interstate highway, waiting for clearance from tax inspectors that can take days to complete. Delays are so bad that textile entrepreneur D Bala Sundaram has stopped sending his trucks to…

(0)Comments | September 18, 2015 3:52 pm

Commercial Bank to commence fully-fledged banking operations in the Maldives

Receives licence from Maldives Monetary Authority and approval from Central Bank of Sri Lanka The Commercial Bank of Ceylon PLC has announced plans to extend its services to the Republic of Maldives following the receipt of regulatory approval for the establishment of a fully-fledged Tier I Bank in the idyllic archipelago. Sri Lanka’s largest private…

(0)Comments | September 18, 2015 11:57 am

New toll fee for expressway extension

The Ministry of Highways announced the toll fee for the newly opened extension of the expressway from Kaduwela to Kadawatha. The minimum fee for heavy vehicles is Rs 200 while the maximum fee (Pinnaduwa) is Rs 1,750. The expressway bus fare from Kadawatha-Matara is Rs 500 while the fare from Kadawatha-Galle is Rs 400.

(0)Comments | September 18, 2015 11:56 am

Is Prince Charles Worried She Might Cheat Just Like Princess Diana? [VIDEO]

It seems like everyone is trying to make Kate Middleton the next Princess Diana, whether she likes it or not. But for Prince Charles, he is so worried that history might repeat itself that he’s taken extra precautions to make sure that his daughter-in-law is safe, but that her marriage to his son Prince Williams…

(0)Comments | September 18, 2015 10:06 am

Only one eminent advisor to each Ministry

The government is to consider a policy decision that consideration should only be given to the appointment of eminent persons with wide knowledge on the subject matters pertaining to the relevant Ministry whom the Minister considers could provide advisory services which cannot be anticipated from the senior officials of the Ministry. The payment of allowances…

(0)Comments | September 17, 2015 9:53 pm

Colombo Port City project agreement extended by six months

The agreement for the Colombo Port City Development Project signed between the Government of Sri Lanka and the relevant project company on 16 September 2014 expired on 15 September 2015. A proposal by Minister of Ports and Shipping Arjuna Ranatunge, the Cabinet of Ministers approved the extension of this agreement for a further six months…

(0)Comments | September 17, 2015 9:36 pm

Colombo stocks extend losses for third consecutive session amid domestic economic worries

Colombo bourse extended losses for the third consecutive session amid domestic economic worries as the World Bank warned developing countries of a possible financial turbulence if US Fed decides to increase interest rates today. The investors’ remain cautious on weakening rupee, high interest rates which dragged the index to the negative zone. Rupee was further…

(0)Comments | September 17, 2015 6:35 pm

Japanese SMEs should enter Sri Lanka to explore Indian – Pakistan markets – President of the SLJBCC says

“Sri Lanka has great potential to attract Japanese investors who are interested in investing in Sri Lanka,” said His Excellency Kenichi Suganuma, Ambassador for Japan during His Excellency’s meeting with the Ceylon Chamber led Sri Lanka – Japan Business Co-operation Committee. Ambassador further mentioned that ASEAN is now saturated. Although India is a big market…

(0)Comments | September 17, 2015 3:35 pm

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