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Rs.3.1 bn 50 faulty generator purchaseLocalTags: Print EditionThe attention of the Committee on Public Enterprises (COPE) was drawn to an incident of 50 generators purchased in 2017 and 2018 at a cost of Rs.3,100 million which…
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India emerges giant in Indian Ocean regionBusinessTags: Print EditionIn response to an urgent request from Sri Lanka, the Government of India (GOI) has decided to extend a Line of Credit (LOC) of US$ 55 million to Sri Lanka for…
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BusinessSunil WijesingheTags: Print EditionThe volatile political situation is a challenge over which the private sector has very little control over and while the commercial real estate sector in Sri Lanka has the potential to become…
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LocalTags: Print EditionSri Lanka Navy apprehended a local multi-day fishing trawler with 38 individuals, suspected to be on an illegal migration attempt to Australia via sea. This trawler was detected during a search operation carried…
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BusinessSouvenirs given to the two visiting ministers, Nimal Siripala De Silva and Mahinda Amaraweera to mark the occasion.Tags: Print EditionMinister of Ports, Shipping and Aviation, Nimal Siripala De Silva visited the Hambantota…
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LocalMahinda P.LiyanageTags: Print EditionA bullet which had been stuck in the lung of a man who was admitted to the Cardiothoracic Surgery Unit of Galle Karapitiya Teaching Hospital after being seriously injured in a shooting was…
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BusinessTags: Print EditionSDB bank has posted a resilient first quarter of the year, delivering a strong start to the financial year 2022 recording a profit of Rs 181 million for Q1, ending March 31, 2022. The Quarter also witnessed…
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LocalTags: Print EditionHousing and Urban Development Minister Prasanna Ranatunga visited his torched house in Minuwangoda for the first time after the May 9 incidents triggered countrywide acts of arson on houses of MPs.  Monday, June…
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Bangladesh plant completed, plans to develop in AfricaBusinessTags: Print EditionJAT Holdings PLC, has posted its best ever financial year on record, doubling its Profit After Tax (PAT) during FY2021/22. Demonstrating resilient…
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BusinessTags: Print EditionLocal DocuSign integrator Bridge Advisory and Consulting (BAC) claim that they will be launching Sri Lanka’s first regulated crypto exchange within the Port City in the coming 3-month period. They claimed to…
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