Colombo bourse continued the winning streak for the third consecutive day on Thursday ahead of the new government’s maiden general budget. All share index advanced by 0.55% (38.21 index points) to close at 7,020.18, despite the thin market activity. S&P SL20 index gained 16.59 index points or 0.44% to end at 3,781.25. Today’s gains were…
Integrated infrastructure and engineering solutions provider MTD Walkers PLC announces that it has secured the leasehold rights of Mutwal Harbour and is proud to launch Walkers Colombo Shipyard (Pvt) Ltd. “This goes in line with the diversification strategy we started two years ago and helps us augment the key services we have to offer. Our…
First ever Research Awards of USJP was held at Hotel Golden Rose, Boralesgamuwa on 18th November 2015. The awards were given away for the research work carried out in the year 2014.Vice Chancellor, Prof.Sampath Amaratunge graced the occasion as chief guest. The colourful night of the Sri Jayewardenepura researchers was undeniably a memorable one, not…
As the year-end festival season drew nearer, Sri Lanka’s Consumer Affairs Authority has brought in a new set of Maximum Retail Prices (MRP) for six new essential consumer items on 18 November-and these new prices are to take effect as early as this Friday 20 November. “The new maximum prices are introduced to safeguard consumers…
Colombo equities continued the optimistic momentum to close with positive returns on Wednesday amid the drop in treasury yields for the fifth consecutive week. Benchmark index declined to 6,975 mark during the session but managed to closed higher at 6,981.97, up by 4.02 index points (+0.06%) while 20-scrip S&P SL index witnessed marginal increase of…
The Chartered Institute of Management Accountants (CIMA) have appointed Irene Teng into the role of Regional Director – Asia Pacific. Irene will be responsible for the world’s leading and largest management accountancy body across South East Asia, the Middle East, South Asia, Australasia and North Africa. Irene, who joined CIMA in November 2010, was previously…
“The countdown begins for the opening of the flagship Anantara property in Sri Lanka” Hemas Holdings in partnership with Minor Hotel Group will be introducing the leading hospitality brand “Anantara” to Sri Lanka with a soft opening of its first luxury property, Anantara Peace Haven Tangalle Resort in December 2015 with the official launch in…
HVA Foods PLC, one of Sri Lanka’s fastest growing export companies, won the Gold Star award for the ‘Heladiv Gift Box’ at this years’ Lanka Star award ceremony that was held at the Kingsbury Hotel, Colombo recently. In today’s world where supermarkets and self-service is immensely popular, packaging has become one of the key elements…
Laugfs Terminal Limited, the subsidiary of Laugfs Gas PLC signed a historic agreement with China’s Huanqiu Terminals Limited for an over USD 80 million project at the Hambantota harbour, which is considered the first and largest such investment at the port. The initial investment is USD 51.8 million. According to its storage capacity, the Laugfs…
SriLankan Cargo will revolutionize air freight to Colombo from seven cities in the Middle East with the launch of its ‘A Dollar A Kilo!’ service this month. The new service has been especially designed to cater to the needs of Sri Lanka’s migrant workforce in the Middle East, who often send gifts, baggage and other…
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