Singer (Sri Lanka) PLC Group’s second quarter financial results continued to display excellent growth fuelled by an increase in Revenue and Net Income. In the 2nd Quarter of 2016, the Group’s revenue increased 23% to Rs. 11.6 Billion, while net profit improved 60% to Rs 613.4 Million, when compared with the previous year. This included Read More
Higher Education and Highways Minister, Lakshman Kiriella denied allegations that the Sinhala race and Buddhism will be undermined by the proposed new Constitution to be introduced by the Yahapalana government.
The World Bank Group’s Board of Directors recently endorsed a new four-year strategy aimed at achieving greater prosperity for Sri Lanka and its people. The strategy emphasizes greater macro-economic stability, creating more and better jobs, improving Sri Lanka’s global competitiveness, investing in under-served people and areas, and promoting green growth.
Chennai: Though state police had ruled out the possibility of ISIS sympathiser Mosiruddin, who was arrested at the beginning of July, having any wicked design for Tamil Nadu, his links with certain Sri Lankan operatives, including one identified as Khulla Bhai, has forced security agencies to dig deep into background of such people. Tamil Nadu in the Read More
Award-winning Sri Lankan carrier Srilankan Airlines, yesterday signed on board Bollywood actress Jacqueline Fernandez, as their brand ambassador, Indian media reported.
The Government of Japan has decided to grant a US$90 million concessionary loan (Rs.10 billion) to Sri Lanka for the purpose of implementing development programmes. The declaration on provision of the loan was handed over to Finance Minister Ravi Karunanayake by Japanese Ambassador in Sri Lanka Kenichi Sugama at the Ministry of Finance on Saturday Read More
Sahodarathwaye siththama (Paintings of brotherhood) organized by the JVP led socialist students union brought lots of art lovers and artistes to the Vihara Mahadevi Park in Colombo on Thursday.
The government has decided to establish the Hill Country Development Authority for the welfare of over one-million plantation community, which essentially comprises hill-country Tamils.
President Maithripala Sirisena said that if the previous government had governed the country properly its members, curently in the Opposition, would not have had to hoof it until they got blisters on their soles.
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