Sri Lanka News Explorer
Last 7 Days
Older News
- Older than 2023-Nov (800)
Narrow by Category
- Business (800)
Suren Rajanathan is Vice President of 3M Sri Lanka, an innovation-based company which boasts a catalog of over 1,000 products sold in Sri Lanka that span 25 different business categories. 3M has an income internationally of $30 billion in sales, employs about 84,000 people worldwide, and has operations in more than 65 countries with products ...
- Leveraging 3M capabilities to build businesses (Category: Business)
- Suresh joins 3M as Head of Marketing (Category: Business)
- 3M rewards individual excellence at Annual Awards Night (Category: Business)
- 3M launches Long Life Coolant (Category: Business)
By Joshua Nicholas Prestige Automobile (Pvt) Ltd. (PA) yesterday announced the arrival of the all new BMW 3 series. The sixth generation of the world’s best-selling premium car will be available in two variants; BMW 320i and BMW 328i. Since its launch in 1975, every third car sold by BMW has been a 3 series. ...
- BMW sales in Lanka rockets by 1,500% to over 700 units (Category: Business)
- Prestige Automobiles unveils BMW ActiveHybrid 5 (Category: Business)
- BMW gets Sachin behind the wheel (Category: Business)
- BMW (Category: Business)
By Cheranka Mendis Dubai’s low cost airline, flydubai yesterday announced the increase of frequencies to Sri Lanka, going from five to seven weekly flights since 11 March following a surge in passenger numbers. flydubai CEO Ghaith Al Ghaith noted that with the changes in flight timing by moving on from four flights a week during ...
- flydubai to operate flights to Mattala (Category: Breaking News)
- Flydubai flights to Sri Lanka (Category: Breaking News)
- Flydubai to come to SL from next month (Category: Breaking News)
- Flydubai eyes new orders as it nears breakeven (Category: Business)
Mackwoods Energy said yesterday it was presently in the process of finalising a feasibility for establishment of a 1 MW grid connected solar power plant located on an existing property of the company. The move is part of Mackwoods Energy’s diversification plans to provide solar and wind power solutions to customers for both grid and ...
- Mackwoods Energy shares debut today (Category: Business)
- Bonus call for solar systems (Category: Australia, Tasmania )
- Mackwoods marks 170 years of empowering Sri Lanka (Category: Business)
- Harnessing desert sun to power Europe (Category: Technology)
REUTERS: In the face of aggression from the United States or Israel, Iran will attack to defend itself, Iran’s most powerful figure, Ayatollah Ali Khamenei said on Tuesday. “We do not have nuclear weapons and we will not build them but in the face of aggression from the enemies, whether from America or the Zionist ...
- Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order (Category: Business)
- SL proved resistance against hegemonic powers is possible: Iran (Category: Breaking News)
- Port: If problematic speech is banned online, at least be consistent (Category: USA, North Dakota)
- Port: If problematic speech is banned online, at least be consistent (Category: USA, North Dakota)
The Janatha Vimukthi Peramuna (JVP) spokesman and parliamentarian Anura Kumara Dissanayaka in an interview with the Daily FT critiques the on-going sessions of the UN Human Rights Council (UNHRC), the state of bad governance, deteriorating law and order and the economic crisis in the country. Following are excerpts from the interview. Q; What are your ...
- Dispelling misinformation and myths regarding the UNHRC resolution and its impact on Sri Lanka (Category: Breaking News)
- Use conciliatory diplomacy to deal with US-sponsored resolution (Category: Breaking News)
- Can Sri Lanka’s government implement the LLRC recommendations? (Category: Breaking News)
- SL attends UNHRC sessions with impressive post-conflict records: Former AG (Category: Business)
The STING Corporate Accountability Index is an independently researched analysis of the standing of corporate Sri Lanka against a model of responsible business practices. It is published in order to encourage more companies to adopt a holistic system of corporate responsibility. The adoption of such a system and making this the usual way of operating, ...
- John Keells Hotels win Gold Award for Corporate Accountability (Category: Business)
- Disposing of electronic waste: A social responsibility calendar must (Category: Business)
- Corporate social responsibility and sustainability practices (Category: Business)
- SAFA-CMA Management Accounting Summit 2012 (Category: Business)
The country’s forex market encompassing highly dependent importers and key source exporters was yesterday rocked by what analysts described as the sharpest day gain in the US dollar exchange rate. Before mid-day the Rupee touched a new low of Rs. 127 and then on to Rs. 128 prompting many to assume the rate had bottomed ...
- Rupee hits new low despite inflows (Category: Business)
- CB gives fresh boost to CSE (Category: Business)
- Markets becalmed (Category: Business)
- Rupee weakens on importer dollar demand (Category: Business)
Parent Company – The Mackwoods Group (ML) Possessing a history of over 170 years, Mackwoods Group the parent company of Mackwoods Energy Limited has a diverse portfolio of businesses consisting power and energy, healthcare, agri business and plantations, industry, Information and Communication Technology (ICT), hotels and leisure, infrastructure development, real estate and financial service...
- Mackwoods Energy launches Rs.350 m IPO (Category: Business)
- Mackwoods Energy shares debut today (Category: Business)
- Mackwoods Energy high on debut (Category: Business)
- Mackwoods debuting on Wednesday but on Diri Savi Board (Category: Business)
Citizens should make a noise The Central Bank’s former Assistant Governor and its long-time Director of Statistics, Dr. Anila Dias Bandaranaike, at a recently held exporters’ forum, expressed the view that the business community should make it their business to discuss, debate and deliver their views on economic policies being formulated by the country’s policy ...
- Flexible exchange rates and impact on exporters (Category: Business)
- Economic management and the way forward (Category: Business)
- A monetary constitution to add on to the legal constitution? (Category: Business)
NOL Group last week reported a US$ 478 million net loss in 2011 following net earnings of US$ 461 million in 2010. The container shipping and logistics company said unsettled economic conditions, high fuel costs and lower freight rates impacted results. “The performance of container shipping is disappointing,” said Group CEO Ng Yat Chung. ...
- NOL posts bigger Q3 net loss, sees full-year loss (Category: Business)
- Neptune Orient Q1 loss widens, outlook bleak (Category: Business)
- APL named world’s top shipping line (Category: Business)
Loss-making State-owned enterprises are nothing new in Sri Lanka. One of the better known ones is SriLankan Airlines, which was given to Emirates due to its inability to breakeven but was retaken by the present Government. Pros and cons of this move is history but cash-strapped and a midst losses, it appears that the Government ...
- Sri Lankan fully national (Category: Business)
- Economy Exercise (Category: Business)
- Social Media (Category: Business)
- New Wings (Category: Business)
High fuel prices and an oversupply of ships will dampen earnings and profitability for global shipping operators over the coming 12 months, says Standard & Poor's Ratings Services in a new report "Top 10 Investor Questions: Oversupply And High Fuel Prices Sink Prospects For Global Shipping." Bunker fuel, which constitutes the bulk of voyage expenses ...
- Fuel price hike imminent, but private buses to get diesel subsidy in Sri Lanka (Category: Breaking News)
- Sri Lanka boosting Colombo bunkering capacity 50 pct (Category: Business)
- Global shipping downturn worse than 2008-China (Category: Business)
- China to cut fuel prices by 3% from record highs (Category: Business)
OSLO (Reuters): The global shipping downturn may already have hit bottom but bankruptcies will accelerate because of the slow pace of recovery, DNB Bank, the world’s top arranger of shipping loans, said on Thursday. Around 10 per cent of DNB’s shipping customers have already breached their loan covenants and shipping lending losses are set to ...
- Hermosa's Hallie Hanssen wins barrel racing at Women’s Rodeo World Championship (Category: USA, South Dakota)
- Hermosa's Hallie Hanssen wins barrel racing at Women’s Rodeo World Championship (Category: USA, South Dakota)
- Hermosa's Hallie Hanssen wins barrel racing at Women’s Rodeo World Championship (Category: USA, South Dakota)
- Hermosa's Hallie Hanssen wins barrel racing at Women’s Rodeo World Championship (Category: USA, South Dakota)
The National Trade Union Centre (NTUC) affiliated to Sri Lanka’s Marxist party Janatha Vimukthi Peramuna (JVP) has in writing requested the Public Administration Minister John Seneviratne to make necessary provisions to increase the festival allowance paid to the public sector employees. NTUC Head K.D. Lalkantha has asked Minister Seneviratne to increase the current festival advance ...
- Nallur festival attracts large crowds (Category: Breaking News)
- Trade unions in Sri Lanka ask government to increase festival advance monies (Category: Breaking News)
- Police to beef up security at all Muslim mosques in view of Eid (Category: Breaking News)
- Youth cycle champions (Category: Sports)
Industry calls for higher productivity, new market development to ride out uncertainties Tea industry stakeholders say the industry needs to urgently improve productivity and generate new markets, as volatility in major Middle Eastern markets continue to dampen tea export earnings. While there is strong demand for tea in global markets, price increases for Ceylon ...
- Local tea industry in a fix (Category: Business)
- Tea smallholders raise sustainability concerns (Category: Business)
- Closing on $ 5 b tea exports by 2020 doubtful: Industry (Category: Business)
- MJF rings alarm bell on future of tea industry (Category: Business)
High cost of living and festive seasons go hand in hand and the upcoming New Year looks set to becoming a particularly difficult one. With the Central Bank downgrading the economic forecast from eight per cent to 7.2 per cent and a rapidly depreciating rupee adding to increasing imports, the month of April, when consumerism ...
- Former Mississippi Gov. William F. Winter dies at 97 (Category: USA, Mississippi)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Nebraska)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Maryland)
- March on Capitol costs Georgia man his job at car dealership (Category: USA, Maine)
Says that economic growth still among the highest in the world, insists that external events will not affect trade By Uditha Jayasinghe As the rupee hit an all-time low, Economic Development Minister Basil Rajapaksa yesterday strived to bolster confidence in the economy terming the trade deficit the country’s “only problem”. With the rupee at an ...
- UNP draws guns on “military control” of Rupee (Category: Business)
- Trade deficit dips to 16-month low in June (Category: Business)
- Dr. Nicholas advises Lanka against swallowing IMF dope (Category: Breaking News)
- SLEA to release book on ‘Achieving Economic Goals in the midst of Global challenges’ (Category: Business)
NEW DELHI (Reuters): India’s businesses, already facing high interest rates and a global economic slowdown, worry that the finance ministry will ask them to shoulder a bigger tax burden in the budget set for release on Friday to trim the fiscal deficit. After a drubbing in recent state elections, the government has little room to ...
- Obama unveils big spending election-year budget (Category: Business)
- Growth to slow down in 2012 –Central Bank (Category: Breaking News)
- India says fiscal deficit target will be hard to meet (Category: Business)
- IMF welcomes Sri Lanka’s reforms announced in the budget (Category: Breaking News)
By Cheranka Mendis Despite the Central Bank’s forecast reading 7.2% growth for 2012, RAM Ratings Lanka CEO Adrian Perera is confident that the country can touch the 7.5%-7.6% mark by the end of the year. Perera told the Daily FT that the new projection is a realistic number from the 8% noted at the beginning ...
- RAM Ratings moves into new office (Category: Business)
- CA Sri Lanka Annual Report Awards powered by RAM Ratings (Category: Business)
- LB Finance rating rises to A-/P2, heralding a stable outlook (Category: Business)
- RAM Lanka sponsors ICASL Annual Reports Award Ceremony (Category: Business)
TOKYO (Reuters): Asian shares rose on Wednesday as upbeat U.S. economic data plus signs of improving capital positions at big American banks stoked appetites for risk, while reduced expectations for more monetary easing by the Federal Reserve underpinned the dollar. The dollar eased from a seven-week high against a basket of major currencies of 80.320 ...
- Shares pause after rally, eye US data for clues (Category: Business)
- Asian shares ease on China slowdown worry (Category: Business)
- Asian shares edge up but growth fears propel gold (Category: Business)
- Gold edges up on dollar; physical demand sluggish (Category: Business)
BANGALORE (Reuters): India’s headline inflation likely picked up slightly in February from January’s 26-month low as higher global oil prices fed into the country’s import costs, a Reuters poll showed. Economists expect headline inflation of 6.79 percent in February from a year earlier, faster than January’s 6.55 percent. “There is a likelihood of a higher...
- India’s food inflation at 8.84% (Category: Business)
- India’s July inflation eases; rate hike still seen (Category: Business)
- Price Pressure (Category: Business)
- Fitch cuts India rating outlook to negative (Category: Business)
Change is becoming a management mantra these days. Sadly, to the point that it has become rather overrated and therefore its importance is being underplayed. Change management theories abound, thousands of articles are written on the subject and change management consultants are everywhere. What I would like to address here is something much more fundamental, ...
- Employability enhancement programme for graduates (Category: Business)
- A question of taste (Category: South Australia)
- Arctic states meet in Greenland (Category: Technology)
- PIM develops Hayleys Managers (Category: Business)
CONCERN over the controversial Channel 4 documentary has reached a fever pitch. In fact it is so high that it is causing some politicians to talk deliriously and call for local consumers to boycott US products such as Pepsi and Coca Cola or return to the days of snail mail by forgoing Gmail. Even though ...
- Bond Auction (Category: Business)
- ‘SL will implement home-grown solution’ (Category: Breaking News)
- Market Flavour (Category: Business)
- Seeking Direction (Category: Business)
The Consumer Day Forum is organised by the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) and the Institute of Policy Studies of Sri Lanka (IPS) as a part of the Public Private Awareness effort on issues pertaining to business, economy and the society. In 1962, John F. Kennedy, Former President of ...
- Hameedia partners SLIM on Mod-Tradi (Category: Breaking News)
- Durable Freedom (Category: Business)
- Solutions Mechanism (Category: Business)
Preamble State ownership of public utilities dates back to the colonial period. The early post-independent years saw the State establish public enterprises that were involved in the production and distribution of key goods and services. The share of State ownership in the economy expanded steadily and gathered momentum in the 1970s when Government policy, in ...
- CPC implications (Category: Business)
- Accelerating growth: catching the wave or missing the bus (Category: Business)
- Fuel a price change (Category: Business)
- Commendable start; now for the finish (Category: Business)
HANOI (Reuters): Vietnam’s central bank cut key rates on dong loans and deposits for the first time in nearly three years, helping ease the burden of high operating costs faced by businesses after inflation eased last month. The State Bank of Vietnam (SBV) as expected cut the refinance rate, or the rate at which it ...
- Hong Kong, GCC pegs, Vietnam hike rates after Fed as Sri Lanka eyes flexible policy (Category: Breaking News)
- Vietnam lets banks restart offshore gold trading (Category: Business)
- Central Bank seen holding rates, SRR steady (Category: Business)
- RBI shifts focus to growth, cuts CRR by 50 bps (Category: Business)
Broking firm DNH Financial Ltd. is stressing that with interest rates on the rise, stock selectivity becomes even more vital for investors. It said Treasuries yields have risen across maturities with the three month, six month and 12 month yields rising by 31 bps, 24 bps and 15 bps respectively to 10.11%, 10.18% and 10.45% ...
- Bullish DNH forecasts ASI hitting 7,500 in 3Q; 9,000 by year-end (Category: Business)
- Equities vs. rising interest rates: Gains exist (Category: Business)
- CB seen keeping rates steady for fifth straight month (Category: Business)
SRI LANKA’S fabled post-war window of opportunity seems to be closing, with the Central Bank following the International Monetary Fund (IMF) in reducing growth rates for 2012. But does that mean only gloom awaits Sri Lanka or can we ride out the tide and reach the golden shores? The Central Bank had originally forecast this ...
- CB seen keeping rates steady for fifth straight month (Category: Business)
- Central Bank seen holding rates, SRR steady (Category: Business)
- Sri Lanka Q3 GDP seen expanded 8.0%; full year 8.1% (Category: Business)
- Credit growth to slow to 27% by December – Cabraal (Category: Business)
TNT Express’ airline subsidiary, TNT Airways, and Emirates SkyCargo expanded their cooperation by signing a code-share and blocked-space agreement. Under the agreement, Emirates SkyCargo will place its airline code and use space on TNT Airways’ B777 freighter flights on the New York JFK to Liege and Hong Kong-Dubai-Liege routes. The agreement enables each airline to ...
- Emirates voted cargo airline of the year (Category: Business)
- No revenue sharing with Qantas, says Emirates (Category: Business)
- Emirates Voted Cargo Airline of the Year (Category: Breaking News)
- Etihad, Aer Lingus ink codeshare agreement (Category: Business)
Popular Topics
- International Monetary Fund (314)
- Political crisis (194)
- Foreign exchange reserves (211)
- Shortage (27)
- Bank reserves (252)
- Anonymous (1)
- Fuel (800)
- Economy of Sri Lanka (526)
- Russia (32)
- Ukraine (1)
- Sri Lanka Tea (397)
- Tourism (65)
- Sri Lanka Quality Tea (421)
- Sri Lanka Tourism (408)
- Sri Lanka Cricket (395)
- Sri Lanka Hotels (399)
- Sri Lanka Elections (405)
- Sirasa (2)
- Hiru Tv (27)
- ITN News (69)
- Shakthi Tv (28)
- Rupavahini (1)
- Derana Dream Star (28)
- EPF (11)
- BBC (5)
- Rob Ford (12)