Iconic Sri Lankan fashion retailer, Cotton Collection Ltd. yesterday announced that it has divested for an undisclosed amount its shares to ODEL Plc, a subsidiary
Category: Main Story
EPF to return to stock market
Dr. Indrajit Coomaraswamy CB chief insists transparency and accountability improved sufficiently in trading guidelines Challenges of new Foreign Exchange Act to be taken up with Govt.
Alarms raised as aid convoy with Prabhakaran’s pics arrive in Kerala
The police in Kottayam, Kerala were alarmed as a caravan of trucks bearing flags similar to that of the Tamil terrorist group LTTE arrived there
June trade deficit hits $ 795 m
Despite exports topping $ 1 billion in June Sri Lanka’s external sector delivered a mixed performance with the trade deficit climbing to $ 795 million year-on-
Majority of hoteliers want Minimum Room Rate to stay
Emphatic ‘Yes’ vote by 23 of 25 star class hotels in the city during emergency meeting last week Colombo City Hotels Chief M. Shanthikumar warns of
FURTHER DELAYS BY ATTORNEY GENERAL MARS EFFORT TO EXTRADITE MAHENDRAN
In an almost extraordinary turn of events legal representation has been made on behalf of Arjuna Mahendran by the Singaporean branch of INTERPOL. The fugitive
Several projects to end farmers issues -MS
President Maithripala Sirisena says at present there are many projects being implemented with the aim of ending the mournful stories related to the farming community
Provincial Councils Delimitation Report defeated in Parliament
The Delimitation Report on Provincial Councils defeated in Parliament by two-thirds majority with 139 members voting against. The United National Party (UNP), Sri Lanka Freedom
Sri Lanka was not ‘forced’ to accept Chinese loans – envoy
Sri Lankan Ambassador to China Karunasena Kodituwakku on Wednesday strongly pushed back recent media reports criticizing Chinese investments in his country, saying that Sri Lanka
No cash crunch for development projects: President
President Maithripala Sirisena on Tuesday assured that there was no cash crunch in the Government, nor lack of support from multilateral donors to fund much-needed