Latest News
Sri Lanka Softlogic puts brands under ODEL
Wednesday, 25 March 2015 21:21Sri Lanka's ODEL Plc, which is controlled by Softlogic Plc, said it was buying the group's branded retailing unit for 599.9 million rupees in a move to integrate their retail assets.
Sri Lankan rupee forwards steady; stocks at 7-month low
Wednesday, 25 March 2015 21:13Sri Lankan rupee forwards traded steady on Wednesday as dollar inflows from remittances offset importer demand for the greenback, but trading was thin as the market awaited cues on the direction of interest rates, dealers said.
Hayleys relocates Café Pixel wonder photo shop
Monday, 23 March 2015 17:00Hayleys Consumer relocated its model photo imaging studio and photo lab "Café Pixel Wonder Photo Shop" to No 125 Dharmapala Mawatha Colombo 7 which is situated next to the Ministry of Buddha Sasana.
Candy Crush popularity drops
Monday, 23 March 2015 14:54San Francisco-based King Digital, maker of 'Candy Crush Saga', is facing a class-action lawsuit that claims the company deliberately hid a significant fall in the number of users ahead of its IPO last year.
CSE get two directors
Sunday, 22 March 2015 20:24Lal Nanayakkara, a senior accountant and Anton Godfrey, who head a company with an international presence have been appointed directors of the Colombo Stock Exchange.
Bank interest rates to go up in next 2 months
Sunday, 22 March 2015 09:08Bank interest rates are likely to be raised by around two per cent within the next two months, say Colombo financial market sources say.
Golden Key, CIFL to come under Central Bank
Saturday, 21 March 2015 12:21The Monetary Board has decided to take the crisis ridden Central Investment & Finance Limited PLC and Golden Key firm under the management of the Central Bank of Sri Lanka, reports say.
Tag Heuer with Google to produce Android watch
Friday, 20 March 2015 12:37Swiss watchmaker Tag Heuer has announced it is to build an Android Wear-powered smartwatch.