Technology LIOC hails Govt. decision to implement pricing formula
Despite marginal price revisions in March, still suffering losses as price hike was only partial Following the implementation of pricing formula by the…
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Technology 
Business $1B target by 2020 with right policies – Gem and Jewellery Assn
Sri Lanka can achieve the US$ 1 billion gem and jewellery export revenue by 2020, provided the right policy framework is in place along with the lifting of the…
Business 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 business…
Politics 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, submitted by…
Politics 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 revision Govt. to…
Law 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…
Business Nationwide inflation contracts to 2.8%
Nationwide inflation during March this year contracted to 2.8 per cent year-on-year from 3.2 per cent recorded in February 2018 as food inflation declined. The…
Crime 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 people,…
Technology Google pitches artificial intelligence to help unplug
Google unveiled Tuesday an artificial intelligence tool capable of handling routine tasks -- such as making restaurant bookings -- as a way to help people…
Travel 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 morning,…
Politics 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 Parliamentary session…
Crime Sri Lanka creates special courts for Rajapakse-era graft
Sri Lanka's parliament Wednesday voted to set up special courts to try multi-billion dollar graft cases under former president Mahinda Rajapakse. The move aims…
Business Teejay Lanka’s Q4 pre-tax profit up 27% to Rs 501.6 million
Teejay Lanka PLC has reported profit before tax of Rs 501.7 million at Group level for the final quarter of 2017-18, to end a challenging year with a…
Technology India remains Sri Lanka’s major trading partner followed by China in 2017
Sri Lanka’s exports surpassed US $1 billion for the fifth time propped up by apparel which topped $5 billion and considerable growth of 42 per cent in seafood,…
Politics PUCSL to decide today
Ceylon Electricity Board Engineers’ Union’s (CEBEU) President, Saumya Kumarawadu, the head of Sri Lanka’s most influential professional trade union, said that…
Politics Unemployment records 5-year low
Sri Lanka’s unemployment rate improved to 4.2 per cent in 2017, to record a five year, as the Department of Census and Statistics recorded only 358,507 in…
General COLOMBO’S NEW SMART PARKING METERS CREATE A STIR
A few weeks ago, Rashmini de Silva parked her car near the Savoy Theater in Wellawatte. It was a designated parking lot, though there was no attendant in…
Politics Samurdhi should not be distributed as relief among UNPers, SLFPers: JHU
athika Hela Urumaya (JHU) General Secretary and Minister Patali Champika Ranawaka said today the Samurdhi programme should be used to help the poor to come out…
Entertainment Lester's award stolen by professional thieves
Five persons arrested in connection with the theft of the Golden Peacock Award belonging to late veteran Sri Lankan film maker Dr. Lester James Peries were…
Business $ 75 m EAP deal struck with $ 35 m initial infusion
The long-awaited and crucial deal on EAP Group, linked to the revival of ETI Finance and Swarnamahal Financial Services, has been struck with an investment…
Politics Govt unable to govern a GN division, let alone country - Mahinda
https://youtu.be/udNe9YSrz68 Former President Mahinda Rajapaksa Mahinda Rajapaksa says that the incumbent government is unable to govern a Grama Niladhari…
Politics Won’t retire in 2020: President
President Maithripala Sirisena today declared that he would not retire from politics in 2020 as he had to complete his mission to serve the people and the…
Politics Won't allow PM to bring Samurdhi Bank under CB
Former social empowerment minister S.B Dissanayake today said he would never allow Prime Minister Ranil Wickremesinghe to vest the Samurdhi Bank under the…
Business Samurdhi Bank to come under CBSL
Prime Minister Ranil Wickremesinghe yesterday announced that the Samurdhi Community Bank would be brought under purview of the Finance Ministry and the Central…