Iran agrees to build refinery for Lanka
Iran has agreed to build a new oil refinery for Sri Lanka in addition to upgrading its ageing 50,000 barrel per day (bpd) state-owned refinery, Sri La...
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HNB Group records Rs7.2Bn PBT in Q1
Sri Lanka’s Hatton National Bank reported a first quarter profit after tax growth of 22.5 percent to 4.5 billion rupees, while the Group reported a ...
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CPC to venture into bulk bitumen next month
Corporation to provide 50% of country’s bulk bitumen demand Production will be carried out from existing infrastructure facilities at Sapug...
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Primary industries to the fore
Govt. introduces slew of measures to improve food processing to boost rural economy Rs. 16 billion project including $ 101 million WB loan kicke...
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China nod for $1.1 b Central Expressway loan
China’s Ambassador Cheng Xueyuan during a meeting with Prime Minister Ranil Wickeremesinghe yesterday has assured the Chinese Government had approve...
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HNB Group records Rs 7.2 bn PBT in Q1
HNB posted a strong start to 2018 with first quarter PAT growing by 22.5% to Rs 4.5 Bn, while the Group reported a PAT of Rs 5 Bn which is a 24% growt...
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Cabinet to decide new bus fares
Following demands by private bus unions, the Ministry of Transport has decided to increase bus fares and is to submit a Cabinet proposal today regardi...
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Five New Uniquely Sri Lankan Tabletop Games You Can Play
Does Hora Deal takes a lesson from Trump’s ‘Art of the Deal’?! Image courtesy Facebook/HoraDeal ‘Just Go Men’ is a Sri Lankanised version of...
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Prez urged to reveal names of 108 persons funded by Aloysius
President of Inter Company Employers Union and the National Organizer of Voice against Corruption Wasantha Samarasinghe today urged President Maithrip...
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Samurdhi Bank to be made state rural bank
Prime Minister Ranil Wickremesinghe will look to develop the Samurdhi Bank further into a state rural bank for the benefit of the public. At a discus...
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Summons on BBC journalist: CID regrets inconvenience caused
The Criminal Investigations Department (CID) has informed BBC correspondent in Sri Lanka, Azzam Ameen, that it was not necessary for him to visit the ...
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NO PLAN TO TAKE OVER SAMURDHI BANK - GOVERNOR
There has been no decision to take over the Samurdhi Bank under the Central Bank, Central Bank Governor, Dr. Indrajit Coomaraswamy said. The Governor...
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Govt postpones presenting new KDU Bill
The Government yesterday (11), postponed presenting the General Sir John Kotelawala National Defence University Bill to Parliament. The Bill was lis...
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Sri Lanka among Top 16 in Miss Universe 2017
Sri Lanka’s Christina Peiris today became the first ever Miss Sri Lanka to enter the Top 16 at a Miss Universe pageant in the 21st century after 62 ...
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$1B target by 2020 with right policies – Gem and Jewellery Assn
Sri Lanka can achieve the US$ 1 billion gem and jewellery export revenue by 2020, provided the right policy framework is in place along with the lif...
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NDB records Rs 2.7 bn PBT in 1Q 2018
The National Development Bank PLC (NDB) closed the first quarter ending March 31, 2018 on a high note with impressive growth in profitability and busi...
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Int’l schools to be regulated
The Government is expected to reintroduce a mechanism to register and regulate international schools in the country. As per a Cabinet proposal, submit...
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Fuelling hikes!
Fuel prices hiked across the board Sri Lanka continues to have highest subsidised fuel prices in the South Asian region, even after the revisio...
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Speaker consents to the National Audit Bill
Speaker Karu Jayasuriya has informed the Parliament that the Supreme Court (SC) has determined that the National Audit Bill is in accordance with the ...
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Israeli strike in Syria kills 15
The Syrian Observatory for Human Rights said on Wednesday an Israeli attack on Iranian military facilities south of Damascus had killed at least 15 pe...
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Fire erupt at BIA
A fire broke out at an electrical home appliance storage unit of the duty-free shopping mall at the Bandaranaike International Airport (BIA) this morn...
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Reshuffled Cabinet to convene today
The reshuffled Cabinet is scheduled to convene for the first time today under the patronage of President Maithripala Sirisena. As the new Parliamenta...
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PUCSL to decide today
Ceylon Electricity Board Engineers’ Union’s (CEBEU) President, Saumya Kumarawadu, the head of Sri Lanka’s most influential professional trade un...
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