EPF gets zero returns from majority of private equity investments

2018-02-06   |   Business

EPF has invested Rs.10.8bn in 7 private equity investments up to 2014 Of that, Rs.9.3bn has not generated any returns to this date Only 2 inves...

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Udayanga detained at Dubai airport

2018-02-05   |   Technology

Former Sri Lankan Ambassador to Russia Udayanga Weeratunga had been reportedly detained at the Dubai Airport this morning, while in transit to the Uni...

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Sri Lanka fights, yet loses to Thailand

2018-02-05   |   Technology

Davis Cup Tennis in Colombo Sans the services of their key player, Harshana Godamanna, all expected a one-sided affair yet Sri Lanka gave the visiting...

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Australian personal budget management service to enter Sri Lanka

2018-02-05   |   Crime

MyBudget Pte Ltd, Australia’s largest and most trusted firm for providing personal budget management services has announced that it will be offici...

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World’s top investment bank Lazard explores SL, works with MTI

2018-02-05   |   Business

Recognised as one of the world’s preeminent financial advisory and asset management firms, 170-year-old Lazard has shown interest in Sri Lanka, with...

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Bond scams: EPF loses over Rs. 26 bn

2018-02-05   |   Uncategorized

* PCoI’s, AG’s estimates challenged * Anti-corruption activist drops bomshell The total loss incurred by the Employment Providence Fund (EPF) due...

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State honours for Ven. Prof. Bellanwila Wimalarathana Thera on February 8

2018-02-05   |   Uncategorized

The Cremation with State honours of Venerable Prof.Bellanwila Wimalarathana Anunayake Thera will be held on February 8, at the Sri Jayawardenapura Uni...

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Mendis would benefit from opening the batting- Thilan

2018-02-03   |   Uncategorized

Sri Lanka’s new coaching set-up believes that Kusal Mendis would benefit from opening the batting in Tests. He has responded by scoring 196 on retu...

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PCOI to probe Srilankan Airlines & Mihin Air

2018-02-03   |   Technology

The Presidential Commission of Inquiry to look into malpractices reported at SriLankan Airlines and Mihin Air proposed by the President has been appoi...

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Global giant Allianz to buy Janashakthi General Insurance for Rs. 16.4 b in mega deal

2018-02-03   |   Uncategorized

Global financial services leader Allianz yesterday announced that it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 10...

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