manusath-derana

Top News

Pathfinder Foundation & CAWD Plan for cooperation in the education field and to strengthen people-to-people relations

The China Academy of West Region Development (CAWD), a well-known think-tank and consultancy outfit, was established jointly by the National Development and Reform Commission of China and the Zhejiang University in 2006 with the blessings of President Xi Jinping. At the invitation of the Pathfinder Foundation (PF) a delegation headed by Prof. Zhou Guping, President…

(0)Comments | June 12, 2018 3:36 pm

Cryptocurrencies Lose $42 Billion After South Korean Bourse Hack

Bloomberg – The 2018 selloff in cryptocurrencies deepened, wiping out about $42 billion of market value over the weekend and extending this year’s slump in Bitcoin to more than 50 percent. Some observers pinned the latest retreat on an exchange hack in South Korea, while others pointed to lingering concern over a clampdown on trading platforms…

(0)Comments | June 12, 2018 2:32 pm

Tehran springs August surprise on Colombo

Iran-Sri Lanka total trades surge, huge balance in favour of Sri Lanka Tehran is upbeat. Buoyed by the outcomes of recently wrapped Sri Lankan state visit, Iran has now called for the pivotal Joint Economic Commission talks to be held in Tehran-as early as this August. “As per our own assessment, the May 2018 State…

(0)Comments | June 12, 2018 2:04 pm

ONYX Group appoints Russell Cool as Area General Manager in Sri Lanka

Amari Galle, OZO Colombo and OZO Kandy to be led by a new head of operations Thailand-based ONYX Group has appointed Russell Cool as Area General Manager for all ONYX properties in Sri Lanka. Cool will be responsible for overseeing all aspects of ONYX Hospitality Group’s Sri Lanka portfolio of hotels and will provide strategic…

(0)Comments | June 12, 2018 11:46 am

Business conference on the potential of the blue economy in Sri Lanka – “Sustainable use of the oceans”

On 22 June 2018, the Royal Norwegian Embassy will be hosting a business conference about the potential of the blue economy in Sri Lanka. This conference, geared towards the private sector of Sri Lanka and Norway, is organized in collaboration with the Ceylon Chamber of Commerce, Sri Lanka Nordic Business Council and Innovation Norway, India…

(0)Comments | June 12, 2018 11:17 am

GREG change colours to Ambeon

Once Sri Lanka’s famous stock counter in post war Stock Market of the country, GREG – the presently known Lanka Century Investments PLC which underwent a name change in November 2013, again after less than 5 years had changed its’ name to Ambeon Holdings PLC, a filing to the Colombo Stock Exchange (CSE) by the…

(0)Comments | June 12, 2018 10:22 am

Sri Lankan stocks hover near 5-1/2-month closing low

Reuters – Sri Lankan shares edged lower on Monday, falling for a fourth straight session to end at their lowest close in more than five months, as investors continued to stay on the sidelines looking for fresh cues. The Colombo stock index ended 0.04 percent weaker at 6,352.61, its lowest close since Dec 26. The…

(0)Comments | June 12, 2018 8:17 am

Sri Lanka rupee hits record low of 159.10 per dollar – dealers

Reuters – The Sri Lankan rupee slipped to a fresh all-time low of 159.10 per dollar on Monday, pulled down by a lack of demand for dollars from exporters amid persistent demand from importers, dealers said. Three dealers confirmed the rupee was traded at 159.10 on the dollar – beyond the previous record-low of 159.00…

(0)Comments | June 11, 2018 5:03 pm

15th APT Telecommunication/ICT Development Forum commenced under President’s patronage

The inauguration ceremony of the 15th Asia-Pacific Telecommunity (APT) Telecommunication/ICT Development Forum was commenced under the patronage of President Maithripala Sirisena, today (11). The event hosted by the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) commenced today and it will continue until 13 June 2018 in Colombo. The APT Telecommunication/ICT Development Forum (ADF) provides a…

(0)Comments | June 11, 2018 5:00 pm

Sri Lanka Economic Summit 2018 – On the Fast Track to a Turnaround

The country’s foremost economic event –  “Sri Lanka Economic Summit 2018”, organized by the Ceylon Chamber of Commerce, Sri Lanka’s premier business chamber, is to take place on 12th – 14th September at Cinnamon Grand Colombo. The theme for this year’s Economic Summit is “On the Fast Track to a Turnaround”. Sri Lanka’s economy is…

(0)Comments | June 11, 2018 4:32 pm