Protected: Rs 3,600,000,000 IDENTIFIED IN HONG KONG
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Category: Main Story
Over Rs. 2.5 b losses incurred by Mahapola Trust fund
The two fund management companies set up to handle Mahapola Higher Education Trust Fund are to be liquidated after incurring…
Government to slam price controls on micro-finance
Government is planning to bring law to control interest rates on micro-finance to 30 percent, the finance ministry said, raising…
Retirement age for specialist doctors extended
The government has decided to extend the service period of specialist doctors up to 63 years of age. The Gazette…
SriLankan Airlines increases capacity between Colombo and Singapore
SriLankan Airlines is significantly expanding its capacity on the Colombo-Singapore-Colombo route with the introduction of wide bodied Airbus A330 aircraft.…
Cotton Collection divests to Softlogic Group
Iconic Sri Lankan fashion retailer, Cotton Collection Ltd. yesterday announced that it has divested for an undisclosed amount its shares…
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…
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…
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…
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…