We have a debt to pay to our fans, Sangakkara says

We have a debt to pay to our fans, Sangakkara says Below is an exclusive interview given by Sri...

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Sri Lanka can start making quick progress in the ‘sevens rugby’ – Phil Greening

Sri Lanka can start making quick progress in the ‘sevens rugby’ – Phil Greening Sri Lanka’s National Rugby Coach Phil Greening, the...

 

Archive for ‘September, 2010’

Kris Canekeratne rings the NASDAQ bell

Kris Canekeratne rings the NASDAQ bell

Kris Canekeratne, The Chairman and Chief Executive Officer of Virtusa Corporation was recently given the opportunity of ringing the NASDAQ Stock Markets closing bell.
This opportunity was given to him when a team of officials from Virtusa Corporation which is a NASDAQ listed firm, made a visit to the NASDAQ market site located in New York [...]

CSE market cap reach Rs. 2 trillion mark

CSE market cap reach Rs. 2 trillion mark

The Colombo Stock Exchange saw its market capitalization reaching the Rs. 2 trillion Mark for the 1st time ever.
Both the ASPI and MPI also ended in positive territory by gaining over 100 points each.
The All Share Price Index fetched 107.81 points to end the day at 6131.22 points while the Milanka Price Index rose by [...]

All households in Sri Lanka to have broadband connectivity: President

All households in Sri Lanka to have broadband connectivity: President

President Mahinda Rajapaksa today announced that with the establishment of the National Backbone network, all Sri Lankan households will have access to broadband connectivity within the next 3 years.
This he says will help reduce broadband costs, and improve data and internet service.
Rajapaksa also said once done, Sri Lanka will be the land with the most [...]

Sri Lanka earns more dollars via tourism in 2010

Sri Lanka earns more dollars via tourism in 2010

Sri Lanka’s tourism earnings during the 1st half of this year has risen to US$ 301 million compared to last years same periods US$ 179.4 million.
This is a 68.8% increase when compared with the earnings made during the 1st six months of 2009.
Ministry of Finance expects the 2010 tourism earnings to reach US$ 600 million.
During [...]

SpiceJet to start Sri Lankan operations

SpiceJet to start Sri Lankan operations

India’s SpiceJet will expand its services to Sri Lanka starting from 9th  October this year.
The airline through news paper advertisements today announced that it will operate flights from Colombo to Chennai and Chennai to Colombo.
The first flight will leave to Chennai from Colombo at 03.15 am on the 9th of  October.
Apart from SpiceJet, Jetair too announced [...]

US stops BPO training in Lanka

US stops BPO training in Lanka

By: Sutirtho Patranobis, Hindustan Times:
 
The US has suspended the training of 3,000 youth from war-ravaged northern Lankan districts in outsourcing skills.
The US Agency for International Development (USAID) that provides humanitarian and economic aid worldwide suspended the programme apparently to ensure that the new jobs created in Sri Lanka will not take away employment opportunities from [...]

Merchant Credit rating affirmed

Merchant Credit rating affirmed

Fitch Ratings Lanka today affirmed Merchant Credit of Sri Lanka’s national Long-term rating at BBB (Lka) with a stable outlook.
Fitch says the affirmation reflects the implied support from MCSL’s main shareholder, the Bank of Ceylon which the agency says will be available if the necessity arrives for such support.
However the agency says in the absence [...]

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