For the first time in Sri Lanka, Uber in cooperation with Simplifly featured the ultimate experience, UberCHOPPER. This one-of-a-kind on-demand, UberChopper has the combination of an adrenaline rush, sky high style, luxury and amazing scenery. For one day only, Uber riders had the chance to experience an unforgettable ride in a helicopter owned and operated…
The negative trend of the New Year continued on Wednesday as the benchmark index closed at 6,817.65, a decline of 27.65 index points or -0.40%, while the S&P SL20 index shed -13.07 index points or -0.36% to end at 3,573.18. Top negative contributors that drove the index lower were Ceylon Tobacco (LKR 970.00, -1.0%), Lion…
A 60 member trade delegation from the Tamil Nadu Chamber of Commerce & Industry will be visiting Sri Lanka to participate at the upcoming Jaffna International Trade Fair, scheduled from the 29th – 31st of January 2016. The President of the Chamber along with leading businessmen and industrialists representing various business sectors such as Food…
Small and medium scale entrepreneurs are the main shareholders of the national economy. As such they should be armed with new business knowledge to give of their best to strengthen the national economy. For this they should abandon traditional methods and get accustomed to the use of new digital business technologies. The Federation of Chambers…
Dr. Gokarn speaking on the occasion said currently he is observing economic activities in the Asian region and he selected Sri Lanka as the first stop of his observation tour. Executive Director of International Monetary Fund Dr. Subir Gokarn met Sri Lankan Minister of Finance Ravi Karunanayake on Jan.04 at the Finance Ministry premises. Dr.Subir…
Hatton National Bank PLC (HNB) opened trading on the Colombo Stock Exchange (CSE) yesterday (January 5). This event was yet another in a series of Market Opening Ceremonies, featuring the companies from the S&P SL20 index. Managing Director / Chief Executive Officer Mr. Jonathan Alles, DGM – Credit & Transaction Banking Mrs. Ruvini Thenabadu, DGM…
~ High-level expo featuring leading Pakistani organisations from 15 sectors to be held from 15 to 17 January 2016 at the BMICH The Prime Minister of Pakistan Nawaz Sharif and the Prime Minister of Sri Lanka Ranil Wickremesinghe today (05 January) announced the ‘Pakistan Single Country Exhibition 2016,’ thereby boosting the long-standing commercial ties between…
As the New Year begins, the big question on all real estate professionals’ lips is: what will 2016 hold? Migration away from capital cities, infrastructure improvements and increased international interest from investors are just some of the expected developments for real estate markets within emerging nations, including Sri Lanka. 1. App focus Mobile is driving…
Colombo bourse continued its negative trend for the second consecutive day of the New Year. Investor participation was on the low side, while Dialog Axiata, being an exception, contributed to 60% of the daily market turnover. Benchmark index closed at 6,845.30, a decline of -22.32 index points or -0.33%, while the S&P SL20 index shed…
Wins Sector Award for Banking, leads all listed companies in total assets; placed second overall on PAT The Commercial Bank of Ceylon has topped the LMD 100 ranking of Sri Lanka’s leading listed companies in terms of Assets, taken second place overall on Profit After Tax (PAT) and fifth place overall on Turnover in the…
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