FT23h
ASPI tops 30% year to date return mark; turnover surpasses Rs. 6 b
The Colombo stock market remained positive for the 12th consecutive day yesterday whilst turnover topped Rs. 6 billion mark. The benchmark ASPI gained by 0.8% thereby crossing the 30% year to date ...
FT23h
AKD-NPP’s March of Folly: Deeper into the debt labyrinth
However formidable, even brilliant, a leader and protagonist in the national political arena President Anura Kumara Dissanayake is, dialectics in general and the dialectics of the debt deal in ...
FT23h
Adani Ports drops $ 553 m US loan for Sri Lanka terminal, opts for internal funding
Ltd. has withdrawn from a $ 553 million loan pact with the US International Development Finance Corporation (DFC) to develop a port terminal in Sri Lanka’s capital Colombo. It announced the move via a ...
FT23h
PUCSL to announce final decision on electricity tariff revision on 17 January
Electricity regulator, the Public Utilities Commission of Sri Lanka (PUCSL), yesterday informed that its final decision on the proposed electricity tariff revisions will be announced on 17 January ...
Opinion
FT23hOpinion
Boys and girls: Dilemma in international sports
The binary division of boys and girls is similar to black and white to most of us. However, the controversy at the 2024 Olympics in Paris, in the boxing category for women, has raised questions ...
FT23h
Pacific Travel Asia Association CEO to attend SL Tourism Awards ceremony next week
The Sri Lanka Tourism Development Authority (SLTDA), in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB), has invited Pacific Asia Travel Association (PATA) CEO Noor Ahmad Hamid to ...
FT23h
Randenigala Distilleries directors ordered to appear in Court over Rs. 1.35 b tax evasion case
Colombo Additional Magistrate Bandara Ilangasinghe yesterday ordered the directors of Randenigala Distilleries Lanka Ltd. to appear in Court on 17 December over allegations of tax evasion amounting to ...
Opinion
FT23hOpinion
Ride the wave: why the stock market is worth your time
Sri Lanka’s equity market as measured by the Colombo Stock Exchange is hitting new highs, in a wave of political and economic optimism. Buoyed by expectations of stronger than expected economic growth ...
FT23h
Sri Lanka’s first 7-star luxury hotel Aviyana with Rs. 10 b investment set to open in March
Aviyana, a melodic Indian name implies ‘bird’ or ‘heaven’ and going by the logo of this magnificent group of villas and their ...
Opinion
FT23hOpinion
Challenges and opportunities in financial sector
Union Bank and Employers Federation of Ceylon Chairman Dinesh Weerakkody shared his insights on the broader financial sector, emphasising the transformative potential of technology in shaping a ...
FT23h
Lankan start-ups ace SolarX Startup Challenge of Invest India and International Solar Alliance
Sri Lanka boasts the highest number of winners at the SolarX Startup Challenge (Asia-Pacific Chapter). The Challenge launched at COP 28 by the International Solar Alliance in collaboration with Invest ...
FT23h
The Kingsbury Colombo unveils wonder of Christmas with dazzling festive decor
As the most wonderful time of the year approaches, The Kingsbury, Colombo is ready to enchant visitors with its magnificent Christmas décor and festive ambience. Step into a world of magic and ...