The Central Bank of Sri Lanka will commence operations of its newly constructed Regional Office in Ariviyal Nagar, Kilinochchi on 6th May, 2015. The Kilinochchi Regional Office is to be declared open by Minister of Resettlement, Reconstruction and Hindu Affairs D M Swaminathan and Deputy Minister of Policy Planning, Economic Affairs, Child, Youth & Cultural…
The birth of the new princess as an occasion for joy within the royal family. But could it also have an impact on next week’s general election result? There is a wide variety of key factors to take into account here. Prominent among them are the impact of previous royal births on the polls, the…
Japanese auto maker Honda has questioned its erstwhile Indian partner Hero’s claim of 102.5 km/litre fuel economy rate for Splendor iSmart bike, saying “such claims are misleading and are far from reality”. The Indian firm, Hero MotoCorp on its part hit back saying its fuel efficiency values were certified by iCAT (International Centre for Automotive…
The world waits for Duke and Duchess of Cambridge to name the new royal baby as family members visit Kensington Palace. Kensington Palace said that the princess’s name will NOT be announced today. A spokesman said: “The Duke and Duchess are hugely grateful for the messages of congratulations they have received from people all over…
Japanese Finance Minister Taro Aso said on Sunday his country’s government will increase investment in Asian infrastructure at a meeting of the Asian Development Bank (ADB), according to Kyodo News. Aso did not immediately disclose the size of the investment, according to Kyodo. The move could put Japan at loggerheads with China, who is also…
The Duchess of Cambridge was admitted to St. Mary’s Hospital at 6 a.m. local time today in the early stages of labor, according to Kensington Palace. She traveled by car from the palace to the hospital with Prince William, the Duke of Cambridge, palace officials said. “So exciting, after months of waiting, we’re finally here…
John Kerry is making the first visit to Sri Lanka by a U.S. secretary of state in a decade, seizing a rare opportunity to champion democratic reform and to tighten ties at a strategic crossroads in the vast Indian Ocean. The top American diplomat arrived early Saturday local time in Colombo, where he planned to…
SriLankan Airlines has marked the first anniversary of its entry into oneworld® by entering into a landmark code-sharing agreement with American Airlines, a founder member of the global airline alliance. The flag carrier of Sri Lanka became part of oneworld on 1 May 2014 as the first airline from the Indian sub-continent to join any…
Colombo equity market wrapped the weekly operations on optimistic note as the positive investor sentiment continued for the third consecutive day. All share index rallied to 7,193 mark in the opening hours but failed retain the momentum. Main index managed to bag 5.63 index points (+0.08%) to end at 7,179.00 while 20-scrip S&P SL index…
The government is preparing to introduce a constitutional draft bill to raise the salaries of private sector employees. Accordingly, the Cabinet has approved a proposal put forward by Labour Minister S.B. Navinna. The government says this draft bill would include provisions for making the minimum monthly salaries of all private sector employees as Rs. 10,000…
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