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Executive appointment at Lanka Hospitals

Niraj Deshantha Silva has been appointed Chief Executive Officer of Lanka Hospitals Corporation PLC with effect from 01 August 2015. A brief resume of Niraj Deshantha Silva:

(0)Comments | August 3, 2015 6:56 pm

Colombo stocks pare early gains on Monday

Colombo bourse pared early gains on Monday and closed on a mixed note. The stocks rallied in first half echoing similar gains in previous sessions but lost steam in the latter part to close with marginal gains. The ASI relinquished most of a 26-point gain, ending 4.54 points or 0.1% higher at 7,336.59. S&P SL…

(0)Comments | August 3, 2015 5:09 pm

The much-awaited Galle Literary Festival is back

Sri Lanka’s premier literary event returns as a five-day festival, kicking off on January 13, 2016, as the Fairway Galle Literary Festival 2016, where a highly-anticipated roster of internationally- and locally-renowned headliners, including writers, authors, historians, poets and biographers, will once again take centre stage. The 2016 festival team welcomes on board Fairway Holdings as…

(0)Comments | August 3, 2015 12:35 pm

Kaduwela-Kadawatha stretch of outer circular highway to open 9 days prior to polls

The government is preparing to complete the 8.9 kilometre stretch of the outer circular highway connecting the Southern Expressway at Kottawa Junction on which work began during the former government and to open it to the public on 08 August. Work is also to begin on the third phase of the 9.32 kilometre stretch of…

(0)Comments | August 3, 2015 11:49 am

Construction of Colombo-Kandy Expressway kicks off today

The first phase of construction work on the Colombo-Kandy Expressway will begin today (03 August) with the participation of President Maithripala Sirisena and Prime Minister Ranil Wickremesinghe, says the government. The first phase of the Colombo-Kandy or Central Expressway is planned for construction from Kadawatha to Mirigama while its second phase would be from Mirigama…

(0)Comments | August 3, 2015 11:23 am

Emirates celebrates five years in Spain with new A380 service to Madrid

Emirates’ A380 route network has been extended even further with the launch of a daily A380 flight to Madrid yesterday, the 35th international A380 destination on the airline’s network. Emirates is the first airline to offer a scheduled A380 service to Madrid which coincides with the five year anniversary of the airline’s Spanish operations. The…

(0)Comments | August 3, 2015 11:20 am

Volkswagen has overtaken Toyota to become the world's biggest carmaker

Volkswagen overtook Toyota as the world’s largest carmaker by sales in the first half year, achieving its long-held ambition three years ahead of target. But staying on top will be a challenge for the German maker of the Golf and Polo, as deliveries are falling in China, destination of a third of its global sales,…

(0)Comments | August 3, 2015 11:13 am

Facebook now used by half of world's online users

Half of the world’s estimated online population now check in to the social networking giant Facebook at least once a month. Facebook said the number of people who use it at least monthly grew 13% to 1.49 billion in the three months to the end of June. The number is equal to half of the…

(0)Comments | August 1, 2015 11:42 am

Thomas Cook buys Sri Lankan firm Luxe Asia

Acquisition of Luxe Asia will give Thomas Cook India significant presence in Sri Lanka with destination management capabilities and the Indian Ocean region Tour operator Thomas Cook (India) Ltd on Thursday said it has acquired Luxe Asia Pvt. Ltd, a destination management company based in Sri Lanka. The company did not disclose the value of…

(0)Comments | July 31, 2015 11:53 am

No cooperation from top, so Bribery Commission defunct, says Ranil Wickremesinghe

Under a situation where the cooperation and guidance of the Chairman and Commissioners of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) appointed by the previous government not forthcoming, the total activities of the Commission have become defunct, says Prime Minister Ranil Wickremesinghe. He adds that that it has become difficult even to…

(0)Comments | July 30, 2015 6:19 pm