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

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

Global financial services leader Allianz yesterday announced that it has entered into an agreement with Janashakthi Insurance PLC (JINS) to acquire 100% of its…

03 Feb 2018
Former Mt. Lavinia Crimes OIC detained over Lasantha’s murder Crime

Former Mt. Lavinia Crimes OIC detained over Lasantha’s murder

The CID had taken into custody the former Crimes OIC of the Mount Lavinia Police on a 48 hour detention order over the killing of Sunday Leader Editor Lasantha…

03 Feb 2018
AG confirms President’s trillion rupee loan claim Politics

AG confirms President’s trillion rupee loan claim

But differs on period at issue, and lending sources Close on the heels of President Maithripala Sirisena’s controversial claim that foreign loans amounting to…

03 Feb 2018
Royal couple lays foundation stone for SLTA’s new Tennis Complex Sports

Royal couple lays foundation stone for SLTA’s new Tennis Complex

Prince Edward Earl of Wessex and Countess Sophie who will be the chief guests at Sri Lanka’s 70th Independence Day celebrations on February 4 representing Her…

02 Feb 2018
Natural rain water drainage in Colombo Weather

Natural rain water drainage in Colombo

In the past good or bad the rain water flowing across the ground in Colombo, eventually found its way into the Beira, and through over flows into the sea or…

02 Feb 2018
Singer revenue tops Rs. 51.5 billion despite tough business conditions Business

Singer revenue tops Rs. 51.5 billion despite tough business conditions

Singer (Sri Lanka) PLC announced its Group results for the year ended December 31, 2017. The results showed an increase in Group revenue of 9.8 % compared to…

02 Feb 2018
National Economic Council to draw input from multiple stakeholders to ensure sound policies Uncategorized

National Economic Council to draw input from multiple stakeholders to ensure sound policies

Think tanks to offer advice on economic, social, environmental and civil society impact of new policies and programs NEC to seek industrial and business…

02 Feb 2018
IPS Highlights the Importance of Developing Skills in Sri Lankan Graduates Business

IPS Highlights the Importance of Developing Skills in Sri Lankan Graduates

While Sri Lanka has been performing well at the primary education level, significant policy gaps exist when it comes to secondary and tertiary education, IPS…

02 Feb 2018
Walkers Colombo Shipyard launches fourth vessel ‘Sea Gulf 3’ Uncategorized

Walkers Colombo Shipyard launches fourth vessel ‘Sea Gulf 3’

Walkers Colombo Shipyard (Pvt) Ltd, a subsidiary of MTD Walkers PLC, has successfully completed the construction of its fourth vessel, a 10 ton bollard pull…

02 Feb 2018
Not an ounce of human talent will be wasted-PM Uncategorized

Not an ounce of human talent will be wasted-PM

Prime Minister Ranil Wickremesinghe pledged not to waste even an ounce of human talent in Sri Lanka when he addressed employees of WNS Global Services (Pvt)…

02 Feb 2018
University of Moratuwa Engineering whizzkids dazzle with balcony greenhouses and cricket boots Sports

University of Moratuwa Engineering whizzkids dazzle with balcony greenhouses and cricket boots

Impress anyone and you are assured of a lucrative job. The stakes are high for the 32 teams of fourth-year students, totalling 120, as MechX-2018, an…

01 Feb 2018
Amendment to Bribery Act:Cabinet gives go ahead Uncategorized

Amendment to Bribery Act:Cabinet gives go ahead

Cabinet has given the go ahead to amend a Section of the Bribery Act, which will allow High Courts to hear bribery and corruption cases. The proposal presented…

01 Feb 2018
Sri Lanka records highest-ever apparel exports Business

Sri Lanka records highest-ever apparel exports

Sri Lanka recorded its highest-ever level of apparel exports during the year ended 31 December 2017, courtesy of the restoration of the Generalized System of…

01 Feb 2018
Nirmala wary of China’s Sri Lanka plans Uncategorized

Nirmala wary of China’s Sri Lanka plans

Whether it will stop with port activities at Hambantota remains a question, says the Defence Minister   Hinting at security concerns over Sri Lanka…

01 Feb 2018
Where have all the Workers Gone? Uncategorized

Where have all the Workers Gone?

‘Sectoral Mismatch’ between Labour Demand and Supply in Sri Lanka The first “Labour Demand Survey”(LDS) in Sri Lanka, conducted by the Department of Census and…

31 Jan 2018
SL’s budget related reporting seen as falling short of world standards Crime

SL’s budget related reporting seen as falling short of world standards

The Fiscal Management (Responsibility) Act, which governs budget related reporting in Sri Lanka, is falling short of international standards when considering…

31 Jan 2018
National Athletes embarrassed at airport Sports

National Athletes embarrassed at airport

SL team for Asian Indoor Championship had to return from airport since Travel Agency messed up reservations A hideous mistake by 'Far Travels and Tours (Pvt)…

31 Jan 2018
Sri Lanka banking on 'wily old fox' Herath, says Chandimal Business

Sri Lanka banking on 'wily old fox' Herath, says Chandimal

Chittagong (Bangladesh) (AFP) - Sri Lanka will bank on the guile of record-breaking left-arm spinner Rangana Herath as they try to extend their recent winning…

31 Jan 2018
UNP gave Rajarata farmers water to irrigate their lands – Ranil Uncategorized

UNP gave Rajarata farmers water to irrigate their lands – Ranil

It was the United National Party ( UNP) which provided Rajarata farmers with water to irrigate their lands , Prime Minister Ranil Wickremesinghe said in…

31 Jan 2018
Seven decades of post independent economic under development Development

Seven decades of post independent economic under development

We complete seventy years of independence next week and enter the 71st year after regaining independence. The country has progressed, but not as much as her…

30 Jan 2018
Presidential Secretariat clarifies withholding of bond report documents Crime

Presidential Secretariat clarifies withholding of bond report documents

Several documents of the bond report containing sensitive information were withheld to be used for court proceedings, Secretary to the President Austin…

30 Jan 2018
Tea trips on blending ban Travel

Tea trips on blending ban

Plantation Industries Minister Navin Dissanayake yesterday sought to calm a panicked tea industry, firing off a letter to President Maithripala Sirisena to…

30 Jan 2018
Spin-heavy Bangladesh to face upbeat Sri Lanka in Tests Uncategorized

Spin-heavy Bangladesh to face upbeat Sri Lanka in Tests

Opening batsman Dimuth Karunaratne was one of the six players in the world to to score over 1000 runs in Test cricket last year. Sri Lanka will heavily depend…

30 Jan 2018
Nestlé signs MoU with Kelaniya University Uncategorized

Nestlé signs MoU with Kelaniya University

Nestlé has signed an MoU with the University of Kelaniya's Department of Marketing Management. The Company has come on board as strategic partner for the…

30 Jan 2018