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Fri, 15 Nov 2024 Today's Paper
(London) REUTERS: Oil prices fell yesterday, weighed down by lingering uncertainty about how close the United States and China were to a trade deal and on rising U.S. crude inventories.
(Colombo) REUTERS: Sri Lankan shares edged higher yesterday, snapping a four-day losing streak, as investors picked up banking and beverage shares ahead of the presidential vote on November 16.
(Bengaluru) REUTERS: Moody’s Investors Service cut India’s ratings outlook to “negative” from “stable”, citing increasing risks that Asia’s third largest economy will grow at a slower pace than in the past, sending stock markets nearly
Seven years after it broke ground, the much-anticipated One Galle Face (OGF) integrated project was officially opened yesterday by President Maithripala Sirisena and Shangri-La Group CEO Lim Beng Chee.
Everyone likes to hear a good success story, especially one that involves an individual going through a learning curve in life that eventually ends up changing their life for the better within a short period of time and opening up a world of opportun
Arpico, the premier retail chain in Sri Lanka, is all set to unveil its exclusive list of hampers for the coming Christmas season as the first phase of its supreme Christmas shopping experience for 2019.
LEARN, Sri Lanka’s national research and education network marked three decades of innovation in connectivity, heralding a new era of connectivity whilst supporting the needs of the research and education community through a high-speed backbone net
Ceylinco Life hosted the sixth installation ceremony of its Toastmasters Club recently, at which a new executive committee was appointed and new members were welcomed.
In a major strategic joint promotional initiative, Lanka IOC in association with the Abans Group kick-started a mega campaign throughout Colombo and Gampaha, beginning November 5, 2019.
The Colombo Port City project has the potential to become the most advanced smart city in Asia by attracting tech giants while providing the catalysts for inclusive advancements in digital space across various sectors of the economy, promoting inclus
Sri Lanka’s Santani Resorts & Spa has won the Gold Award under ‘Best in Wellness’ category at the International Travel & Tourism Awards (ITTA) 2019 presented by World Travel Market (WTM) London.
Dialog Finance PLC, the finance subsidiary of Dialog Axiata PLC yesterday disclosed plans to raise little over Rs.701 million through a rights issue.
Following is an interview Mirror Business conducted with Stephen Keys, Regional President of IFS’ business in APJ, ME&A during IFS World Conference 2019 concluded in Boston, USA, recently. He spoke about a number of things including IFS’ role in
The profound impacts that an emerging fourth Industrial Revolution (4IR) will have on the future employment landscape underscore the crucial role of education and skills in preparing a workforce that can meet the needs of today’s and tomorrow’s l
I have been intentional about reducing my posts during my time on sabbatical. However when the news broke that the EY US firm had training that instructed women on how to act, dress and behave (around their male counterparts) I couldn’t hold my sil
Climate change coupled with global warming have dramatic repercussions on almost every sector. Melting ice caps, the rise of global sea levels at an unprecedented rate of 3.2 millimeters a year, along with the rise in temperatures are affecting biodi
SriLankan Airlines has managed to trim its losses by 11.6 percent year-on-year (YoY) to US$ 76 million during the first half of the year, driven by a considerable reduction in operating expenditures despite a 70 percent YoY decline in revenue followi
Sri Lanka must take urgent measures to preserve and revitalise Colombo Fort with sensitive planning by integrating its colonial heritage with the upcoming Colombo Port City, Sri Lankan-born internationally renowned architect, artist and engineer, Cec
Dialog Axiata PLC saw its September quarter (3Q19) earnings hit by forex losses and subdued top line growth as Sri Lanka recovers from the April 21 Easter Sunday attacks. The earnings of the celco for the period under review fell 14 percent year-on-y
The Hayleys group’s coconut shell-based activated carbon manufacturer, Haycarb PLC saw a surge in earnings during the September quarter (2Q20) amid strong demand for the firm’s value-added activated carbon products. Haycarb reported earnings o
(London) REUTERS: Oil rose above US$ 62 a barrel yesterday after China hinted at progress towards a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and fuel demand. China and the Unite
REUTERS: Sri Lankan shares ended weaker yesterday, falling for a fourth straight session to their two-week low, as investors booked profits ahead of the presidential vote on Nov. 16. The country’s main Tamil party yesterday announced their support
Surecore was awarded at the recently held ‘National ICT Awards - NBQSA 2019’.
Mist-like conditions prevailed in Colombo both on Tuesday and Wednesday with the air quality in Sri Lanka’s capital recording unhealthy values. According to the National Building Research Organisation (NBRO), a sharp increase in dust particles has
While denying the claims that the government rushed to approve the US $ 480 million Millennium Challenge Corporation (MCC) Compact, the Finance Ministry yesterday stressed that the Cabinet approval for the signing of the Compact was given ahead of th
The tourist arrivals in October fell 22.5 percent year-on-year (YoY) to 118,743, recording the lowest monthly percentage decline compared to the previous year, since the Easter bombings in April.
The world’s leading travel and trade show opened in London, UK, on November 4, 2019, on a grand scale. This year, the Sri Lanka Tourism Promotion Bureau (SLTPB) collaborated with the World Travel Market (WTM) to be the ‘Premier Partner’ of the
The Board of Investment of Sri Lanka (BOI) has signed an agreement with LA’MORE Hotel (Private) Limited to set up, conduct and operate a 176-key five-star hotel project in Tangalle. The project represents an investment of US $ 35 million and will e
Singer Finance (Lanka) PLC (SFL) is to raise up to Rs.1.5 billion through a listed debenture issue.
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