Top News

Stock Market Review

Colombo equities started its’ weekly operations with optimistic trend and witnessed positive returns in both indices. Benchmark index managed to gain 28.95 index points (+0.46%) to end at 6,292.41 while 20-scrip S&P index gained 15.58 index points (+0.45%) to close at 3,470.19. Price appreciations in counters such as Carson Cumberbatch (closed at LKR 400.00, +5.5%),…

(0)Comments | June 2, 2014 5:29 pm

Human rights issues are no block on investment – Cabraal

Concerns over the human rights situation in Sri Lanka is not a hindrance for attracting foreign investors, according to Ajith Nivard Cabraal, the governor of the Central Bank of Sri Lanka. “There are a few who have asked the question – but not all. And every time they have asked the question we have explained…

(0)Comments | June 2, 2014 3:47 pm

Government pushing for increased free trade agreements

Since Sri Lanka has entered into only a few free trade agreements so far it expects to enter into more free trade agreements in the near future, says the Investments Promotion Ministry. The ministry says that similar to Vietnam increasing its direct foreign investments and exports by entering into free trade agreements, Sri Lanka too…

(0)Comments | June 2, 2014 1:26 pm

Your car is a giant computer – and it can be hacked

Imagine driving down the highway at 70 miles per hour, when suddenly the wheel turns hard right. You crash. And it was because someone hacked your car. It’s not far-fetched science fiction. It’s the near-term future today’s hackers are warning about. Most people aren’t aware their cars are already high-tech computers. And now we’re networking…

(0)Comments | June 2, 2014 1:02 pm

Harbour borrowings increase: Future plans revealed

According to the strategic plans of the Sri Lanka Ports Authority (SLPA) it expects to increase the harbor related investments to USD 10 billion and is to create a group of skilled professionals to meet the increasing demand. Furthermore, according to these plans it expects to handle 200 million tons of direct maritime cargo and…

(0)Comments | June 2, 2014 10:48 am

Jennifer Lopez Debuts Sexy New Video For ‘First Love’ — Watch

In this super-steamy new black and white video, Jennifer Lopez gets hot and heavy with gorgeous Dolce & Gabbana model David Gandy as she dances around the desert in some of her sexiest and most revealing get-ups ever! It’s no wonder this video is set in the desert because it is hot, hot, hot! Watch it right here and let…

(0)Comments | June 2, 2014 10:47 am

Google to close Motorola smartphone factory in Texas

Google’s Motorola Mobility has said it will close its Fort Worth, Texas factory after its Moto X smartphone failed to appeal to consumers. The facility – which is the only smartphone factory in the US – opened in May of last year. At its peak, the factory employed 3,800 people, although now only 700 workers…

(0)Comments | June 1, 2014 11:24 am

Hacker group threatens cyber-attack on World Cup sponsors

SAO PAULO/BRASILIA (Reuters) – The hacker group Anonymous is preparing a cyber-attack on corporate sponsors of the World Cup in Brazil to protest the lavish spending on the football games in a country struggling to provide basic services, said a hacker with knowledge of the plan on Friday. Earlier this week, Anonymous attacked the Brazil’s…

(0)Comments | June 1, 2014 12:28 am

Adams Investments Limited IPO fully subscribed

The Initial Public Offering (IPO) by Adams Investments Limited closed at 4.30 pm today (30 May) since it was fully subscribed.

(0)Comments | May 30, 2014 7:43 pm

Video Story

Stock Market

Exchange Rates

-->