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Friday, 08 January 2021 07:17

BOI new DG assumes duties

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Pasan Wanigasekara assumed duties yesterday as Director General of the Board of Investment of Sri Lanka.

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Sri Lankan Airlines yesterday called on the Airline Pilots' Guild (ALPG) to put the ‘country first’, whilst vehemently condemning their untimely and selfish actions.

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The Commercial Bank of Ceylon PLC has announced the launch of CBC Finance Ltd, the bank’s fully-owned Licenced Non-bank Finance Institution (NBFI), formerly known as Serendib Finance and Indra Finance.

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The Bank of Ceylon (BOC) continues establishing effective ecosystems and partnerships with international banks improving risk management chairman of the bank Kanchana Ratwatte said in Colombo today Thursday 7 ,

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Twinery, Innovations of the apparel giant, placed among top 28 winners of Annual Clarivate Award

Thursday, 07 January 2021 07:54

CSE’s ASPI crosses 7,000 points

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The benchmark All Share Price Index (ASPI) crossed 7000 points level yesterday for the first time since 24 November 2015 closing the trading day on 7,036.76 points, the Colombo Stock Exchange (CSE) said in a statement.

Wednesday, 06 January 2021 18:32

EPF’s equity investment generates growth

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Sri Lanka’s largest social security scheme, the Employees Provident Fund‘s (EPF) listed equity investments are now generating growth in market value although there was an unrealised loss in equity investment, analysts divulged.

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State-imposed temporary import restrictions, to save on foreign exchange, are to be extended for another six months commencing from January 2, informed official sources said. The earlier 6-month period ends on January 2.

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Sri Lanka Tourism Chairperson Kimarli Fernando yesterday cleared the air on misconceptions with regards to the pilot project, and called on the industry to work in coordination to implement the guidelines outlined by health authorities.

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The government is expected to give the green light to house casino operations in the upcoming Cinnamon Life mixed development project as the new administration is keen on doing everything at their disposal to attract a new segment of tourists as well as to invite significant investments into the country’s condominium market.

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