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Shangri- La Hotel Colombo and Kingsbury Hotel Colombo said that they will be back to business soon despite Easter Sunday terror attacks. The third hotel, Cinnamon Grand which was affected is continuing their operations uninterrupted.

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Dentsu Grant brought home Sri Lanka’s only gold from Goafest Abby Awards 2019, the region’s biggest advertising festival held recently in South Goa. Winning Gold for the ‘Innovative Use of Integrated Media – South Asia’ category for its media campaign ‘Sri Lanka’s Biggest Tea Party’ to launch Red Cow Milk powder.

Tuesday, 23 April 2019 08:24

DEWN Early Warning App from Dialog Axiata

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Dialog Axiata PLC, has been working for several years with the Disaster Management Centre (DMC) of Sri Lanka and with valuable partners, to minimise the adverse impact of extreme weather. The Disaster Emergency Warning Network (DEWN) mobile application proactively alerts the public of the likelihood of extreme weather, along with providing them with the knowledge and tools to be better prepared.

Tuesday, 23 April 2019 08:20

CSE opens today

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The Colombo Stock Exchange in consultation with the Securities and Exchange Commission of Sri Lanka announced that trading and related market operations would resume from Tuesday, 23 April. The pre-open session (Open Auction Call) on 23 April will be from 9 a.m. to 10:30 a.m. and Regular Trading will commence at 10.30 a.m.

Monday, 22 April 2019 05:53

Stock market closed today

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The Colombo Stock Exchange (CSE), in consultation with the Securities & Exchange Commission of Sri Lanka (SEC), announced that the CSE will not open for trading at the regular time on Monday 22 April.

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Airport and Aviation Services (Sri Lanka) Ltd Vice Chairman Priyantha Kariyapperuma yesterday confirmed that the operations at the Bandaranaike International Airport (BIA) were functioning smoothly, as many travellers had adhered to the instructions given to them.

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Sri Lanka’s corporate tax has been constantly over estimated and on average it has fallen short of estimates during the last few years, Parliamentary Committee on Public Finance (COPF) claimed.

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Amidst growing sentiment of cynicism and slow private sector credit growth, Sri Lanka’s business sector confidence has plunged to very low levels although IT Business Process Outsourcing (BPO) spiked significantly despite political uncertainty, economic analysts claimed.

Saturday, 20 April 2019 07:55

Making sense of financial statements

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Financial statements are important to a small business owner like you because they can help you to both uncover problems and identify corrective action. The most important financial statements are the balance sheet, the profit and loss statement, and the cash-flow statement.

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Abans PLC, the nation’s No. 1 laptop provider, recently joined hands with MSI, a leading gaming laptop brand, to release the MSI model GL63 with RTX 2060 Graphic Card for the first time ever in Sri Lanka. The event took place in March at the Abans Signature Store – Colombo City Centre.

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