Adam Investments Limited has bought 25.71 percent ordinary voting shares of PCH Holdings subsidiary PC Pharma PLC Limited which imports medicinal drugs and medical equipment to Sri Lanka. Accordingly, between 23 and 25 June 2014 Adam Investments Limited has bought 25.9 million ordinary voting shares of PC Pharma PLC Limited. While these shares had been…
Colombo bourse sustained the positive momentum gained in previous session and closed with higher returns. Benchmark All Share Price index gained 10.68 points or 0.17% to end at 6,321.55 while S&P SL 20 index marginally gained 5.43 points or 0.16% to end at 3,501.55. Price progression in counters such as John Keells Holdings (closed at…
Since power had been generated continuously using fuel due to the lack of rainfall within the catchment areas, the dues to be paid by the Ceylon Electricity Board (CEB) to the Ceylon Petroleum Corporation (CPC) too have increased to Rs. 18 billion by now, it has been revealed. While speaking to AdaderanaBiz.lk, CEB charman W.B….
SECOND national carmaker Perodua announced that it has revised the pricing scheme for its popular Viva compact model starting from June 17. Available in five variants, the Viva model range sees its price drop between RM3,000 to RM5,300 depending on variants. The Viva model’s estimated on-the-road (OTR) pricing will now start from RM22,000 for the…
EXCLUSIVE: The Lotteries Board is preparing to enter the mobile phone and internet market before the end of this year by introducing Short Message Service (SMS) and Web lottery to the local market. While commenting on this, Lotteries Board chairman Chaminda Athuluwage told AdaderanaBiz.lk that the proposal to introduce these lotteries have been already forwarded…
The anchors that front your news bulletins could soon well be replaced, as Japanese scientists unveil what they claim to be the world’s first news-reading robots. In a demonstration at a Tokyo museum on Tuesday, two human androids displayed their ability to speak with ease by delivering the news to a room of reporters. The…
The reforestation company Touchwood Investments PLC has appealed for the dismissal of a recent court order for its winding up and liquidation. Court ordered on 05 June 2014 that Touchwood Investments PLC be liquidated and wound up and the Colombo Commercial High Court No. 3 appointed G.K. Sudath Kumar as the liquidator. A group…
Sri Lanka won the second Test by 100 runs, and with it the series, shortly after seven o’clock in the evening. It was remarkably tense, given the apparently easy nature of the task at the start of play. There were just two balls of the match remaining when the paceman Shaminda Eranga, banged in a…
Colombo equities witnessed a positive trading momentum on Tuesday where both indices recorded gains. Main bourse gained 11.52 index points or 0.18% to end at 6,310.87 while S&P SL20 index gained 21.19 index points or 0.61% to end at 3,496.12. Price increases in equities such as John Keells Holdings (closed at LKR 221.60, +0.7%), Commercial…
Google has unveiled plans for its own domain name registration service. The firm is “testing” a service that will allow consumers “to search, find, purchase and transfer” domain names for their business. An increasing number of businesses are looking to set up their online presence, boosting demand for domain names. Google’s move comes just as…
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