?In an interesting turn of events, Finance Minister Ravi Karunanayake has sent formal instructions to the Central Bank asking the monetary authority to revise the vehicle financing Loan-To-Value (LTV) up to 90 percent from the current 70 percent with effect from today.
After an exhaustive 14 years of wait, the local business landscape yesterday saw the revival of inter-agency collaboration, with the country’s Foreign Ministry having established a ‘Taskforce For Economic Diplomacy’ in its effort to strengthen the nation’s ties with the world.
The National Engineering and Technology Exhibition, Techno-2015 organized by the Institution of Engineers Sri Lanka kicked off yesterday at the BMICH. The three-day exhibition features the widest range of engineering and technology products and services. Pix by Kithsiri de Mel
The Sri Lankan government must work towards creating a national pension policy framework to ensure financial security for the rapidly ageing population of the country, experts told a National Pensioners Day Symposium organized by the Department of Pensions yesterday.
Small and medium enterprise (SME) finances should come under the same laws governing larger companies, the head of the global body for professional accountants told Mirror Business during a brief interview in Colombo.
Deputy Foreign Minister Dr. Harsha de Silva said that the government would be forwarding the formal application to regain the GSP Plus preferential trade facility from the European Union (EU) by the end of this year in the backdrop of recent international developments.
Sri Lanka’s most focused higher education & career exhibition, Adyapana 2015, organized for the 10th successive year, opened at the BMICH yesterday. This year, there are over 100 exhibition stalls displaying and informing the general public of various courses,
?The Colombo Stock Exchange (CSE) joined the United Nations (UN) Sustainable Stock Exchanges (SSE) initiative, a partnership among the UN, UN-supported organisations, stock exchanges, investors, companies, regulators and governments around the world.
Revolutionizing the country’s transport sector, Sri Lanka’s first ever metro high speed electric train system, initially running between the Bandaranaike International Airport (BIA), By Lahiru Pothmulla Revolutionizing the country’s transport sector, Sri Lanka’s first ever metro high speed electric train system, initially running between the Bandaranaike International Airport (BIA), Katunayake and Colombo Fort, w
The government is planning to transfer Mahaweli water to North Western, North Central and Northern Provinces under the Mahaweli Water Security Investment Program with the aim of maximizing the productivity of Mahaweli River Basin water resources.
?BMW Asia recently announced Prestige Automobile as the sole authorised importer in Sri Lanka for BMW i – the BMW sub-brand for its electric cars comprising the all-electric BMW i3 and BMW i8 plug-in hybrid sportscar.
?REUTERS: Sri Lanka hopes to hammer out an economic partnership deal with India this year, its Prime Minister said yesterday, seeking to strengthen the Indian Ocean island’s ties with its big neighbour and reduce its dependency on Chinese investment.
Canada issues travel advisory over serious risk in Arugam Bay
More countries issue travel advisories
Sri Lanka Tourism invites global travellers for upcoming season
Russian embassy urges citizens to stay vigilant in Arugam Bay
US Embassy issues travel warning for Arugam Bay
Sri Lanka may face another economic turmoil: Sajith