By. Prasanna C. Rodrigo
A team from Fitch Ratings will arrive in the country today to conduct analysis on the local economy as a part of its latest rating review on Sri Lanka.
Superintendent of the Public Debt Department S. Rathnayake said, “They will be here from Monday to conduct analysis on the local economy”.
According to him, [...]
June 13, 2011 9:32 AM | Posted in
Economy |
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Sri Lanka will sell US$ 100 million worth of Sri Lanka Development Bonds starting from Monday.
Accordingly, US$ 50 million worth bonds will be offered on a 3 year tenor while another US$ 50 million will be offered on a 4 year tenor.
The interest rate of the offer would be 6 month LIBOR for US$ + [...]
June 12, 2011 6:24 PM | Posted in
Economy |
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India’s National Security Advisor Shiv Shankar Menon and his delegation met President Mahinda Rajapaksa this morning in Colombo.
June 11, 2011 6:59 PM | Posted in
Photo Gallery |
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India has conveyed to Sri Lanka that it was up to the island nation’s government to change the 13th Amendment to bring in a suitable political resolution that will enable all communities in the country to live together.
The 13th Amendment to the Lankan Constitution was made in 1987 as part of the Indo-Lanka Accord to [...]
June 11, 2011 6:24 PM | Posted in
Other,
Diplomacy |
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Major General Shavendra Silva who played an instrumental role in defeating the LTTE has written a book which discusses the Sri Lankan identity.
Titled as “Sri Lankan Identity since 2600 years” the book was presented to President Mahinda Rajapaksa on the occasion of “Sri Sambuddhatva Jayanthi 2600”
Major General Silva who is currently functioning as Sri Lanka’s [...]
June 11, 2011 10:22 AM | Posted in
Other,
More |
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British singer Leo Sayer who has 20 worldwide top 10 hits under his belt is currently in Sri Lanka and will perform at the Sugathadasa Indoor Stadium on Saturday night.
Performing alongside his original band from the 70’s, Leo Sayer is expected to sing his mega-selling hits such as the “When I Need You”, “You Make [...]
June 10, 2011 4:40 PM | Posted in
Other,
Entertainment |
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Scores of young Sri Lankan women sewing clothing for Wal-Mart and Hanes in Jordan’s Classic factory have suffered routine sexual abuse and repeated rapes, highlights a new report published on Labour Rights.
The Institute for Global Labour and Human Rights in a new report says a General Manager of the Classic factory who is also a [...]
June 10, 2011 2:10 PM | Posted in
Other |
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The World renowned marketing Guru Philip Kotler has commended Sri Lanka’s largest footwear producer DSI for already adopting his latest concept “Marketing 3.0”, which focuses on growing with stakeholders.
Kotler who was in Sri Lanka during last week to introduce this new concept has given this commendation during a meeting he had with the top management [...]
June 10, 2011 8:33 AM | Posted in
Business & Finance |
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CHENNAI: Two Sri Lankan patients requiring urgent liver transplants underwent a rare swap liver transplant in Chennai. Reportedly the first of its kind to be performed in Chennai, the transplant took place at Global Hospitals last month.
When 50-year-old Mohamad Nazeem from Kandy, Sri Lanka came to Chennai for a liver transplant a few months ago, [...]
June 10, 2011 7:18 AM | Posted in
Other,
Health |
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The Colombo Stock Exchange saw its main All Share Price Index gaining 21.92 points while the Milanka Price Index gained 21.26 points.
The market saw specific investor interest on plantation sector counters while there was significant interest on diversified counters.
Interest was evident on several low valued stocks and there was speculative buying witnessed on Blue Diamonds [...]
June 9, 2011 6:26 PM | Posted in
Markets,
Stock Market |
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