PM encourages entrepreneurs in North with tax concessions to uplift local economy
Prime Minister Ranil Wickremesinghe yesterday said the Government has offered tax relief for 300% of the income from capital investment to entrepreneu...
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Sri Lanka's Keells Foods net grows 34-pct in June, revenues up
Sri Lanka's Keells Food Products said profits grew 34 percent from a year earlier to 56.3 million rupees in the June 2018 quarter on expanding sales o...
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ICC verdict a slur on the image of the country
The International Cricket Council (ICC) has finally delivered its verdict on the ball tampering and transgression of the spirit of cricket incidents t...
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MR violated country’s sovereignty by accepting bribe from China: Kabir
Minister of Highways Kabir Hashim yesterday charged that former President Mahinda Rajapaksa had not only accepted a bribe from China Harbour Engineeri...
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Govt. launches landmark five-year National Export Strategy
SL eyes $ 28 b export revenue by 2022 PM says NES catalyst to link to global value chains, increase exports and create jobs Officials to mee...
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Dayasiri warns of constitutional coup to oust President
Former Minister and UPFA MP Dayasiri Jayasekera yesterday informed parliament that a plot was being hatched to remove the President through constit...
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SL lost economic independence due to corrupt development projects: JVP
The JVP in Parliament yesterday said that the country had no economic independence as a direct result of the unfeasible large-scale development projec...
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NDB secures loan up to $75 m with Commerzbank Germany
National Development Bank (NDB) has successfully negotiated a loan up to $75 million, from Commerzbank Aktikengsellschaft Germany recently. Dubai-base...
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Hansika gets Asian Games boost
Sri Lanka’s boxing ambitions at next month’s Asian Games, received another shot in the arm, with Keshani Hansika winning a bronze medal in the lig...
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CPC loses Rs. 5.4 b from kerosene sales
The Ceylon Petroleum Corporation (CPC) incurred a loss of Rs. 5.4 billion from the sale of kerosene oil in 2017, the Government told Parliament yester...
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Virtusa’s Kris Canekeratne selected as EY Entrepreneur of The Year® 2018 award winner in New England regional finals
SOUTHBOROUGH, MA – Virtusa Corporation (NASDAQ GS:VRTU), a global provider of digital strategy, digital engineering, and IT outsourcing services tha...
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Uncertain future for Galle International Cricket Stadium
The future of Galle International Cricket Stadium as an international venue is in danger. The stadium which is one of Sri Lanka’s luckiest venues f...
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Feeding alcohol to toddler: Father says it was water in the bottle
The father of the baby, who was seen in a social media video, feeding it with a beer bottle, told court yesterday that it was water that was in the bo...
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No downsizing of Army - PM
Prime Minister Ranil Wickremesinghe yesterday (18), told Parliament that Army Commander Lieutenant General, Mahesh Senanayake was willing to meet Oppo...
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SF rejects media report over underworld connexion
While rejecting media reports that some underworld figures were protected by a Senior Minister, Minister Field Marshal Sarath Fonseka today said those...
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US still can move resolutions though not being member of UNHRC - Spokesperson
Sri Lanka accountability issues: In spite of quitting the Geneva-based United Nations Human Rights Council (UNHRC), the US, as an Observer still can c...
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Glyphosate ban revocation comes under fire
The Joint Opposition (JO) and Parliamentarian Ven. Athuraliye Rathana Thera yesterday (17), demanded that the Government reveal its true stance on the...
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ANY MINISTER PROTECTING UNDERWORLD WILL BE PUNISHED - PM
Action will be taken against any minister if found to be protecting underworld leaders, Prime Minister Ranil Wickremesinghe told Parliament yesterday....
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Sri Lanka bags 17 medals at 14th Asian Schools Chess C’ship
The 14th Asian Schools Chess Championship 2018 was concluded at Citrus Hotel, Waskaduwa, Sri Lanka on July 14. The event was held at beautiful beach r...
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ACTION AGAINST 14 OFFICERS - Salawa Army Camp explosion
Disciplinary action is to be taken against 14 Army officers stationed at the Kosgama Salawa Army Camp during the massive explosion and fire which occu...
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FUEL PRICING FORMULAE, A VITAL COG IN THE WHEEL - ECONOMISTS
Experts say keeping price of fuel below the global market determined level is an implicit subsidy that is reflected in CEYPETCO losses and has to be f...
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No escape as Chandimal, Coach and Manager receive further sanctions
ICC bans Sri Lankan trio for four ODIs as well The International Cricket Council has suspended Sri Lanka captain Dinesh Chandimal, Head Coach Chandika...
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CC: JO wants Dinesh to replace Sampanthan
Having secured the support of a section of the SLFP parliamentary group loyal to President Maithripala Sirisena, the Joint Opposition intends to step ...
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