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Government to develop a new national policy for tourism industry

Plans are under way to prepare a new national policy for the tourism industry in Sri Lanka, Tourism and Sports Minister Navin Dissanayake said.Dissanayake said it has been decided to introduce a three...

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Bank of Ceylon Branch to be open in Bangalore in India

Bank of Ceylon is planning to open their second overseas branch in India this year. This will be in Bangalore. The Bank also opened a branch in Seychelles last year. In addition to the local presence,...

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Work on Colombo-Kandy highway to start soon

Construction work on the Colombo-Kandy highway will begin immediately, Road Development, Higher Education and Investment Promotion Minister Kabir Hashim who was speaking in Parliament informed that...

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Ratmalana Airport to be used for more civilian transportation related to tourism

The government has drawn attention to utilize Ratmalana airport for inland civil passenger transportation. Ports Shipping and Aviation Minister Aijuna Ranatunga said.The government will look into...

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Amana- Candor Shariah Balanced Fund – Annual Dividend for Year end 2014

Candor Asset Management (Private) Limited announces a dividend of Rs. 1.00 per unit to the Unit Holders of Amana – Candor Shariah Balanced Fund whose names appear in the unit holder register as at 10th...

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Hemas Holdings announces Rights Issue of 1 for 9

Hemas Holdings PLC announces their Right issues to Colombo Stock Exchange last week,Company ID: – HHLDate of Initial Announcement: – 20.Feb.2015Proportion: – One (01) new ordinary share for every Nine...

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Asian Hotels and Properties PLC announces Dividend for 2014/2015

Asian Hotels and Properties PLC announces Dividend for 2014/2015 at Colombo Stock Exchange on March 11, 2015.Company ID: – AHPLDate of Announcement: – 11.Mar.2015Dividend per Share: – Rs. 1.00 per...

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Overseas Realty (Ceylon) PLC announces Dividend for 2014

Overseas Realty (Ceylon) PLC announces Dividend for 2014 in Colombo Stock Exchange on 11th March 2015.Company ID: – OSEADate of Announcement: – 11.Mar.2015Dividend per Share: – Rs. 0.50 per share /...

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Commercial Bank of Ceylon PLC announces a Cash Dividend and Scrip Dividend

Commercial Bank of Ceylon PLC announces a Cash Dividend and Scrip Dividend to Colombo stock exchange on last week,Cash Dividend Date of Initial Announcement:- 23.Feb.2015Rate of Dividend:- Rs.2.00 per...

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Lanka Aluminium Industries PLC announces Dividend for 2014/2015

Lanka Aluminium Industries PLC announces Dividend for 2014/2015 at Colombo Stock Exchange last week,Company ID: – LALUDate of Announcement: – 10.Mar.2015Dividend per Share: – Rs. 1.50 per share /...

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Sanasa Development Bank PLC announces Cash and Scrip Dividend for 2014

Cash Dividend Date of Announcement:- 10.Mar.2015Rate of Dividend: – Rs. 2.50 per share (Subject to Dividend Tax of 10%) / Final DividendFinancial Year: – 2014Shareholder Approval: – RequiredDates to be...

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Trans Asia Hotels PLC announces Dividend for 2014

Trans Asia Hotels PLC announce to Colombo Stock Exchange that the company is proposed to offer Dividend for 2014Company ID: – TRANDate of Announcement: – 09.Mar.2015Dividend per Share: – Rs. 1.50 per...

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Asiri Hospital Holdings PLC announces Dividend for 2014/2015

Asiri Hospital Holdings PLC announce to Colombo Stock Exchange that the company is proposed to offer Dividend for financial Year of 2014/2015Company ID: – ASIRDate of Announcement: –...

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Asiri Surgical Hospital PLC announces Dividend for 2014/2015

Asiri Surgical Hospital PLC announce to Colombo Stock Exchange that the company is proposed to offer Dividend for financial year of 2014/2015Company ID: – AMSLDate of Announcement: –...

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Foreign Currency Exchange ATM now at Sampath Bank Galle Super Branch

Sampath Bank’s newest Foreign Currency Exchange ATM serves you in Galle 24 hours a day 365 days of the year with the best rates for your American Dollars and Euros. Apart from the ability to convert...

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Solar Pumping Motor Systems for Farmers – from Micro PC System

Micro PC System introduces a green concept from the agricultural industry with wild life and Business industries and home Gardens, the company introducing Solar Pumping System at an affordable cost.The...

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Launching of 100 MW Renewable Energy Projects

Ministry of Power & Energy launched of 100 MW renewable energy projects on 10th July 2015,In line with the Energy Sector Development Plan 2015-2025 of the Ministry of Power & Energy, action has...

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Government loan for Samurdhi Officers

Social Empowerment and Welfare Minister S. B. Dissanayake stated that all officers in the Samurdhi scheme are entitled to receive an instant Rs. one million (Rs. 10Lakh) loan from the Samurdhi Fund....

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Korean company keen to start Mega City project in Sri lanka

Top officials from one of the world’s leading township developers, Korea Land and Housing Corporation were in Sri Lanka looking for a township development project to the value in excess of USS 5...

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SriLankan Airline New Business Strategies of MRO and Domestic Flight services

SriLankan Airlines will negotiate with an Asian based air service company to begin a Maintenance, Repair and Overhaul (MRO) centre at the Mattala airport in Hambatota.SriLankan Airlines Chairman Ajith...

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University of Colombo MBA Alumi Budget 2016 – Discussion with Finance...

The MBA Alumi Association University of Colombo organized a forum of Budget 2016 with the Finance Minister, Hon. Ravi Karunanayake & key industry leaders at the Post-Budget forum. Take part of this...

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New Terminal Building to construct for Bandaranaike International Airport

Transport and Civil Aviation Ministry Nimal Siripala de Silva said a new terminal building will be built at the Bandaranaike International Airport (BIA) at a cost of Rs. 65 billion. He further state...

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New Airports to build in Sri Lanka

Ministry of Transport and Civil Aviation said an airport was to be constructed in Haputale under a scheme to develop domestic air travel in the country very soon. As per the budge reading there are 4...

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Maximise your Dollar Investment with US$ 150 million Sri Lanka Development Bond

First Capital Treasuries PLC invites potential investors in Sri lanka and aboard to invest on US$ 150 million Sri Lanka Development Bond. This Sri lanka Development Bond is a Risk – free, Tax – free,...

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Mihin Lanka Losses accumulated Rs. 17 Billion by Now

Finance Ministry stated that the state run airline Mihin Lanka has recorded a loss of Rs. 17 Billion over its 7 years operation. Finance Ministry said it had been given a Rs. 15 Billion letter of...

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Life Expectancy of Sri Lanka has increase to 72 & 78.6 in 2016

Department of Census and Statistics announces that the life expectancy of Srilankan males and females has increased since 2001. The new life expectancy of Srilankan male is 72 years and female is 78.6...

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Nurse Job in UK for Srilankan Nurses

Health Minister Dr. Rajitha Senaratne stated to the media that Sri Lankan nurses will be trained at the British Council and provided jobs in the UK, He further said that arrangements have also been...

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Sri Lankan Airline Suspend flights to Paris & Frankfurt

SriLankan Airlines will suspend flights to Frankfurt and Paris. Accordingly, the last flight between Frankfurt and Colombo will be on October 30, and the last flight from Paris to Colombo on November...

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