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Poor rainfall throughout Sri Lanka during the past few months has caused a drought unheard of during recent history. Particularly affected Districts are Kurunegala, Puttalam, Anuradhapura, Polonnaruwa, Batticaloa, Ampara, Nuwara Eliya and Badulla. Farmers complain that their crops are being ruined or are on the verge of being ruined. Some villages complain of the shortage ...
- Drought and lessons learned (Category: Business)
- Paddy farmers’ problems (Category: Business)
- Mahaweli Project – North Central Province canal: A tunnel in the wilderness? (Category: Breaking News)
- Lack of irrigation water for paddy cultivation: A way out (Category: Breaking News)
With highest-ever top and bottom line performance premier blue chip JKH says knowing exactly who were are, what we stand for and where we are headed makes all the differenceI am pleased to present the Integrated Annual Report, and the Statement of Accounts, for the Financial Year ended 31 March 2012. The Report encapsulates the ...
- Jumbo profit at JKH (Category: Business)
- Stellar 3Q for JKH (Category: Business)
- JKH forges with solid growth (Category: Business)
- Good start by JKH in “challenging” FY13 (Category: Business)
NDB‘s contribution to infrastructure development has been substantial during the last three decades. Having garnered the experience and expertise to cater towards the development process in Sri Lanka, NDB continues to focus on this vital component providing the necessary support that will help towards economic development in the country. NDB CEO Russell de Mel says, ...
- DFCC: Changing the sustainable energy landscape in Sri Lanka (Category: Business)
- DEG provides $ 21 m loan to NDB Bank to strengthen SME sector (Category: Business)
- Nestlé Lanka crowned as ‘Best Corporate Citizen’ (Category: Business)
- Sri Lanka’s energy sector at risk: Calls for diversification amidst Chinese investments (Category: Breaking News)
Are the Indian Army’s golf courses illegal? Sri Lanka’s fourth golf course opened by Air Force India’s national auditor, the Comptroller and Auditor General (CAG), has reported to Parliament that the country’s Army has turned large tracts of State military property into illegal privately-run ...
- Nuwara Eliya Golf Club elects Office Bearers at 123rd AGM (Category: Business)
- Opening of Lanka’s 4th golf course (Category: Breaking News)
- SriLankan flies Touché Golf League finalists to Kandy (Category: Business)
- Oman Air Golf Classic Tournament 2012 to tee-off in October (Category: Business)
The Central Bank of Sri Lanka recently unveiled its pioneering Sixth Strategic Plan – communicating in all transparency its plans for the forthcoming financial period – based on the theme ‘Raising the Bar’. The Sixth Strategic Plan, like its predecessors, takes root from the policy measures underscored in the ‘Mahinda Chinthana,’ and is formulated to ...
- A resolute Sri Lankan economy (Category: Business)
- Robust Roadmap! (Category: Business)
- Achieving economic goals amidst global challenges (Category: Business)
- CB says S&P’s revision unwarranted (Category: Business)
“Our sense is that if we do not act boldly and if we do not act together, the economy around the world runs the risk of a downward spiral of uncertainty, financial instability and potential collapse of global demand… we could run the risk of what some commentators are already calling the lost decade” – ...
- W. Bank’s Zoellick says double-dip recession unlikely (Category: Business)
- Flashing red - European debt crisis signals collapse of social welfare state (Category: Business)
- World economy fragile, faces “uneasy calm” – IMF (Category: Business)
- G20 backs Europe’s plans for overhaul to fight crisis (Category: Business)
UNP Co-Deputy Leader Karu Jayasuriya The Budget lacks direction and is neither here or there. For the consumer, it is inflationary; nor does it instil investor confidence. It has a political aim but lacks an economic aim. Furthermore, it does not address the productivity of employment; nor does it address the salaries of professionals and ...
- Blame tough decisions, says Rann (Category: South Australia)
- Vic Govt begins budget sell (Category: Australia, Victoria)
- Muzammil’s moves to deliver on manifesto (Category: Business)
- Govt. takes vengeance on private sector over pension bill – JVP (Category: Business)
HSBC announced its new alliance with Lanka IOC PLC, an overseas venture of the oil giant, Indian Oil Corporation Ltd., to offer the bank’s loyal credit card holders more benefits and convenience. The new agreement was signed on 19 October between HSBC Sri Lanka and Maldives Chief Executive Officer Nick A. Nicolaou and LIOC Managing ...
- HSBC to give away 10 million Reward points to cardholders (Category: Business)
- Lanka IOC limits pumping fuel for light vehicles (Category: Breaking News)
- Sri Lanka fuel pass rationing system at 50-pct of filling stations (Category: Breaking News)
- Lanka IOC suspends fuel supplies to 26 filling stations (Category: Breaking News)
Union Bank of Colombo PLC (UBC) held the ‘Mega Dinum’ promotion grand draw prize awarding ceremony on Tuesday at its Colpetty Branch. The winner of the super prize of a brand new Suzuki A Star motor car and two years free fuel was produced by the UBC Old Moor Street branch. The winner
- Union Bank the first to announce interim dividend for 2012 (Category: Business)
- Union Bank continues free advisory services to SMEs (Category: Business)
- Union Bank conducts free SME Advisory Services workshop in Galle (Category: Business)
- Union Bank opens in two historic cities (Category: Business)
St. Benedict’s College will showcase its talent through an exhibition covering diverse areas of science, information technology among others at an event titled CUBE from 15 to 17 September at the College from 9 a.m. to 9 p.m. St. Benedict’s College Director Rev. Bro. Granville Perera said CUBE’s objective was to help students transform theoretical ...
- SLC Provides Cricket Balls to 186 Schools (Category: Sports)
- Benedictines stun Wesley (Category: Sports)
- “7th Zahira Super 16 Soccer 7’s – 2011” (Category: Business)
- Minnesota Saint John’s University welcomes scholarship winner Dinuka (Category: Business)
After two decades, Hilton Colombo owning company Hotel Developers finally releases accounts Accumulated losses by end FY 2009/2010 top Rs. 10 billion Revaluation of hotel results in Rs. 4.7 b gain yet company beset with negative networth of Rs. 4.7 b as against Rs. 8.26 b in 2008/9 Total outstanding loans and borrowings near Rs ...
- Consultants 21 files civil litigation on revival of ailing Hotel Developers (Category: Business)
- End to HDL hangover hovering? (Category: Business)
- HDL saga: Hilton feasts as Govt. loses (Category: Business)
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