Sri Lanka alerts 200 institutions to take guard against ‘Flame’ virus Sri Lanka has alerted nearly 200 public and...
Sri Lanka’s former IGP to teach counter terrorism for Indian students Sri Lanka’s former IGP Dr. Mahinda Balasuriya is...
Sri Lanka’s Securities and Exchange Commission’s Chief Thilak Karunaratne believes that the number of Stock Broker firms operating in the Colombo Stock Exchange is too many for a tiny market such as the CSE. “We have too many stock brokers for this tiny market and I don’t think they are making money, except for a [...]
By: Prasanna Rodrigo Sri Lanka’s Colombo Dockyard says, despite the drop in the worldwide shipbuilding business owing to the present global economic situation, the trend has not affected its ship building orders, as the firm is catering to the “Offshore Support Vessels” segment. AGM of New building of the Colombo Dockyard, S. Prabhakar, in an [...]
By: Prasanna Rodrigo Hong-Kong based Cathay Pacific Airline has been operating in Sri Lanka since 1993 and continued to remain in the country, even during the height of the war, except for one year which the airline says it went offline. As of now, it operates seven flights from Colombo to Hong Kong every week [...]
(News360.lk) A Sri Lankan stock broker advise investors to select stocks which will hold or preserve their value as the Colombo Stock Exchange continues with its downward trend with the main index declining by 10% so far this year. Murtaza Jafferjee of JB Securities speaking to News360.lk said,”I encourage investors who did not have an [...]
Sri Lanka’s World cup winning captain Arjuna Ranatunga says, the national side should include Upul Tharanga to the test line up. He is also of the view that the present set of selectors headed by Duleep Mendis should give more opportunities to the younger players to ensure that the team is sustained in the longer [...]
By: Prasanna C. Rodrigo The newly appointed Chairman of Sri Lanka’s Securities and Exchange Commission Thilak Karunratne says he doesn’t believe in over regulation, as it is counter productive to the market. Speaking to News360.lk he said, “I don’t believe in over regulation, as over regulation is counter productive”. However, Karunaratne was of the view [...]
By: Prasanna C. Rodrigo Sri Lanka says several countries including Russia, India, Ukraine and Vietnam have expressed their interest to enter oil exploration activities in the Gulf of Mannar basin. Saliya wickramasuriya, the Head of the country’s Petroleum Resources Development Secretariat when inquired by news360.lk said “Yes, several countries have expressed interest in collaborating, including [...]
The Ceylon Hotels Corporation PLC says it is now geared to attract foreign tourists, having several of its facilities which were primarily patronized by the domestic travelers been refurbished. The Company which has suffered a net loss of Rs. 59 million during the year 2010/2011 financial year says, 58 rooms out of its 88 room [...]
“Sri Lanka should create awareness about its post war economic opportunities among the France business community”, says France Ambassador to Sri Lanka and Maldives Mrs. Christine Robichon. Robichon says, “Details on Sri Lanka’s new macro-economic data should be made available to the business and investor community of France for their awareness” . The ambassador made [...]
John Amaratunga is a senior politician of the United National Party and represents the Gampaha District in Parliament. The 71 year political veteran who also boasts of a long parliamentary stint, once held the Cabinet portfolio of Minister of Interior under the brief UNF regime which lasted from 2001 to 2003. With his party trying [...]
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