Colombo equities ended another lackluster trading session amid fragile investor confidence on economy. All Share Price index marginally declined by 3.50 points or 0.05% to end at 7,104.37 while S&P SL 20 index marginally declined by 4.67 points or 0.12% to end at 3,881.04. Price declines in counters such as Hemas Holdings (closed at LKR…
The Ceylon Chamber of Commerce and the Beijing Chamber of International Commerce today (21) signed an MOU to work together to promote trade and commercial ties between the two countries. Mr. Mangala P. B. Yapa, CEO / Secretary General of the Ceylon Chamber of Commerce and Mr. Yu Haibo, Deputy Director General of the Beijing…
Cinnamon Hotels & Resorts will mark the occasion of ‘World Tourism Day 2015’ with the first-ever ‘Future of Tourism & Responsible Travel for Driving Revenue’Summit. Scheduled to be held on 28 September at the Cinnamon Lakeside Colombo, Cinnamon Future of Tourism Summit will have global experts exploring the future trends of tourism as well as…
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…
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…
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…
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…
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.
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…
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…
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