[ February 8, 2008 03:08 pm ]
Sri Lanka's interest rates are "sufficient" to control inflation, which will begin to slow in the second half of this year, Central Bank Governor Nivard Cabraal said. Read more...
[ February 7, 2008 09:15 am ]
The Deyata Kirula Exhibition was declared open today at 10.00 in the morning by the Deputy Minister of Finance Minister Ranjit Siyambalapitiya at the BMICH today (07). Read more...
[ February 7, 2008 09:24 am ]
A high level Rail India Technical and Economic Services (RITES) delegation will visit Sri Lanka this month to give final shape to its $170 million dollar project to upgrade Sri Lanka’s Southern Railway. Read more...
[ February 7, 2008 06:44 am ]
COLOMBO: At least 40 cadres of the LTTE and eight soldiers of the Sri Lanka Army (SLA) were killed in continued battles between the forces and the Tigers along the Forward Defence Lines (FDLs) in the north, the military said on Thursday. Read more...
[ February 7, 2008 09:26 am ]
Sri Lanka firmly believes that a hardcore LTTE cadre in Indian custody can shed light on Monday's attack north of Talaimannar carried out by men on two Indian trawlers. Read more...
[ February 7, 2008 09:38 am ]
Sri Lanka’s national champion Nalinda Ratnayake who performed extremely well at the recent World Taekwondo Championship has enhanced his world ranking to 14th place in the pin weight category. Read more...
[ February 7, 2008 09:43 am ]
A university research team has won recognition for its pioneering work in helping preserve an endangered monkey species in Sri Lanka. Read more...
[ February 7, 2008 09:51 am ]
The tea export trade has recorded a landmark achievement, by exceeding the US $ 1 billion value barrier in 2007 for the first time in its 140 year history. Read more...
[ February 7, 2008 10:06 am ]
The construction of Sri Lanka’s tallest building, the Diamond Tower will commence in May with an investment of US $ 150 million. Read more...
[ February 7, 2008 10:21 am ]
Hayleys PLC, has reported a turnover of Rs 21.8 billion and profit after tax of Rs 684 million for the nine months ending December 31, 2007, following a third quarter of mixed results. Read more...
[ February 7, 2008 10:33 am ]
Aviva PLC, the world's fifth largest insurance group which acquired the controlling interest in Eagle Insurance in 2006, has just reported a highly successful year in 2007 increasing its total worldwide sales up by 25% to £38,583 million. Read more...
[ February 6, 2008 09:30 am ]
Air Force jets carried out another air raid on what was believed to be an LTTE leaders’ gathering in Kilinochchi last morning, while in a separate report the military claimed that twelve Tigers were killed and at least 30 bunkers destroyed in fresh clashes as the troops advanced from the Jaffna defence lines. Read more...
[ February 5, 2008 10:03 am ]
PUTHUKUDIRIPPU: Air Force supersonic fighter jets pounded an LTTE administration and operations coordinating centre in Keewelikulam, northwest of Puthukudirippu yesterday morning, Air Force spokesman Wing Commander Andrew Wijesuriya said. Read more...
[ February 5, 2008 10:17 am ]
Following Emirates' decision to cease management operations of SriLankan Airlines effective from March 31 this year, the Government is pursing the possibility of operating all its activities under State ownership. Read more...
[ February 5, 2008 10:30 am ]
Sri Lanka's economy is 58.3 percent free, according to Index of Economic Freedom 2008 assessment, which makes it the world's 90th freest economy. Sri Lanka is ranked 14th out of 30 countries in the Asia-Pacific region, and its overall score is slightly lower than the regional average. Read more...
[ February 5, 2008 10:46 am ]
The local banking industry has stopped giving credit to the film producers says veteran film director Udayakantha Warnasuriya. He said the main reason for this is a few film producers have defaulted banks. "Some producers have taken credit from the banks and have not even produced a film but have utilised them for private purposes," he said. Read more...
[ February 5, 2008 11:00 am ]
The intermittent rains in Brisbane seem to be playing havoc as the second ODI limited over match in the Commonwealth Bank series between India and Sri Lanka too was abandoned without a ball being bowled in the Sri Lanka Innings here at the 'Gabba' Cricket Stadium in. their day/night game. Read more...
[ February 5, 2008 11:07 am ]
Five young Sri Lankan designers got the chance to gain some exposure in the competitive world of clothing when their collections were presented during Colombo's second annual fashion week recently. Read more...
[ February 4, 2008 09:14 am ]
LTTE terrorists took yet another civilian target for the third consecutive day yesterday, detonating a claymore mine targeting a civilian bus plying from Parakaramapura to Janakapura killing 13 people and injuring 17, Military and Police said yesterday. Read more...
[ February 4, 2008 09:54 am ]
Dipped Products PLC (DPL), the Hayleys Group’s leading global rubber glove manufacturer has reported a turnover of nearly Rs 8 billion for the first nine months of 2007-08, following an increase in export volumes in its local hand protection businesses. Read more...
[ February 4, 2008 09:55 am ]
Touchwood the only publicly listed, ISO certified Forestry Company in Sri Lanka and in the South Asian region has embarked on the journey to turn a new chapter in the country’s economy by making a change in Sri Lanka’s export earnings by the year 2015. Read more...
[ February 4, 2008 09:57 am ]
Sri Lanka skipper Mahela Jayawardene said that neither he nor the victim of the ugly egg hurling incident were bothered, and stressed the importance to move on, concentrating on the game. Read more...
[ February 3, 2008 08:32 pm ]
Seven people including two children received minor injuries and were rushed to the general hospital Kalubowila, when a hand grenade exploded inside the Dehiwala Zoo, today (February 3) at 10.35 a.m. Read more...
[ February 3, 2008 08:52 am ]
The main function at Galle Face will be presided by President Mahinda Rajapaksa. religious dignitaries, the three Armed Forces and the Police Chiefs, Ministers, Members of the Diplomatic corps and other guests will attend this function. Read more...
[ February 3, 2008 09:05 am ]
The tourism and investment promotion sectors, the first to be affected, are likely to take a beating if the spate of violence is set to continue in Sri Lanka according to government officials yesterday. This comes in the wake of the country preparing itself to mark 60 years of independence today. Read more...
[ February 3, 2008 08:40 am ]
A suicide bomber who is believed to have come to Colombo from Medawachchiya in a train struck terror at the Fort Railway Station yesterday afternoon blowing herself up when vigilant security personnel had stopped her on suspicion. Read more...
[ February 2, 2008 11:19 am ]
Sri Lanka's Ambassador in Geneva Dayan Jayatilleka yesterday drew a sharp distinction between the LTTE and the IRA and explained that the LTTE did not allow for the development of its political wing. Read more...
[ February 2, 2008 11:18 am ]
Navy Commander Wasantha Karannagoda said that LTTE Leader Velupillai Prabhakaran was either injured or indisposed and was not capable of leading his organization due to immense pressure exerted by the armed forces. Read more...
[ February 2, 2008 11:17 am ]
The Colombo bourse yesterday improved slightly on the ground it gained on Thursday posting a turnover of Rs.343.5 million, up from Rs. 323.3m the previous day, and also saw both indices gaining - the All Share by 6.57 points (0.27%) and the Milanka by 9.70 points (0.31%) on an active market dominated by some large trades in John Keells Holdings. Read more...
[ February 2, 2008 08:46 am ]
LTTE terrorists exploded a bomb in side a public transportation bus targeting civilians in Dambulla this morning (February 2), defence sources said. According to available information, the blast was occurred in a privately owned bus traveling from Kandy to Anuradhapura around 7 a.m. Read more...
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