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Latest News

Europe's Apple tax ruling sparks US anger

Wednesday, 31 August 2016 11:01

Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled.

Minister’s deal with Hayleys to buy Maldives islet!

Wednesday, 31 August 2016 10:18

A powerful government minister has mediated in the deal by Hayleys Plc., whose majority shareholder is Dhammika Perera, to buy an islet of The Maldives, according to reports reaching Sri Lanka.

Nimal Perera leaves PABC

Wednesday, 31 August 2016 08:22

Nimal Perera is reportedly due to relinquish his position as chairman and director board member of Pan Asia Bank Corporation today (31) after a nine year tenure.

People's Bank chairman wants PM to conduct inquiry

Tuesday, 30 August 2016 22:52

People’s Bank chairman Hemasiri Fernando says he will be happy if the Prime Minister conducts an inquiry into the purchase of digital equipment hardware for the bank.

DFCC Bank keeps growing in Kandy

Tuesday, 30 August 2016 11:22

DFCC Bank further extended its footprint in Kandy with the opening of two fully fledged branches in the Kandy City Centre (KCC) and Peradeniya, on the 26th of August 2016.

Volkswagen project, temporarily halted - Eran

Monday, 29 August 2016 14:58

The proposed project to set up a Volkswagen car plant in Sri Lanka has temporarily been halted, Deputy Minister Eran Wickramaratne has said.

Sino - Lanka FTA negotiations to end by Feb. 2017

Monday, 29 August 2016 11:35

Sri Lanka –China Free Trade Agreement (CSFTA) negotiations are to be completed by February 2017 and the FTA will be ready for signing thereafter, Ministry of Industry and Commerce official said.

6 ailing finance companies to be merged under FIRA

Friday, 26 August 2016 09:49

The Central Bank’s handling of failing finance companies came into barrage of criticism at a recent top-level official meeting chaired by the Prime Minister.

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