Merit award winner - (Mawbima)media | best web awards | | Last updated three minutes ago


Port City Project before Parliament in February


By Ravi Ladduwahetty Ceylon Finance Today: Thefuture of the Chinese financed US$ 1.4 billion Colombo Port city project will be submitted to ...

Bloomberg: Oil fell from the lowest closing price in almost six years amid signs that Saudi Arabia's new king will maintain its production policy, bolstering speculation that a global glut will persist.Futures dropped as much as 2.7% in New York, extending last week's 6.4% slide. King Salman, who took the Saudi throne on Jan. 23, pledged to maintain the policies of his predecessor. US inventories climbed to the highest level for December since 1930, theAmerican Petroleum Institute repor...

By Paneetha Ameresekere Ceylon Finance Today: The exchange rate (ER) depreciated by five Sri Lanka cents to 132/80/133/10 in two way quotes in interbank 'spot next next' trading to the US dollar at yesterday's trading on thin volumes amidst importer demand, while 'spot next' closed at Rs 132/70/95 in two way quotes, market sources told Ceylon FT. "We however, didn't see the 'spot' traded, though its theoretical value according to some is Rs 131.70," they said. Sources further said t...

The Board of Directors of Watawala Plantations PLC has accepted the retirement of Dan Seevaratnam as its Director/CEO with effect from 31 May, 2015. The board accepted Seevaranam's retirement at its board meeting on 22 January.

(Bloomberg) Gold and Silver futures rose to three-week high weeks after Europe's economic concerns mounted, spurring demand for the precious metals as a haven.A gauge of euro-area services and manufacturing signaled growth slowed in the final quarter of 2014, and the euro extended losses versus the dollar amid Greek opposition to austerity measures that may prompt the country's exit from the currency bloc. Money managers raised bullish wagers on gold for the first time in three weeks, U...

By Chanaka de Silva Ceylon Finance Today: 'Budget Taxi' is adamant not to reduce the price per kilometre from the present Rs 32.00.All Island Trishaw Drivers Union, President, who is also the owner of Budget Taxi, Lalith Dharmasekara told Ceylon FT that they will under no circumstance reduce their rate from the present level in spite of the government bringing down the fuel prices recently.However, other trishaw operating companies, in individual interviews with the Ceylon FT, sai...

Asian Alliance Insurance PLC has taken 70 million shares valued at Rs 10 ( worthRs 700 million) from its subsidiary... .Asian Alliance General Insurance Ltd to comply with the Regulation of Insurance Industry (Amendment) Act No. 3 of 2011

Pulp & Paper International (Pvt) Ltd, Sri Lanka's leading supplier of world-class paper products, is expanding their operations and has moved to their new Head Office premises located at 276/1, New Kandy Road, Koswatta, Battaramulla. Along with the new office, the company has also opened their brand new showroom, which has on display a wide range of international paper products for the Printing and Packaging industry. Speaking about the office relocation and the new showroom, P...

(1) IntroductionDr. Harsha de Silva on assuming duties as the Deputy Minister of Policy planning and economic Affairs has declared that the new government will pursue a social market economy. In fact when President Mahinda Rajapaksa Government came into power in 2005, they too emphasized the same. You will recall the slogan of the 1994 PA Government of former President Chandrika Kumaratunga; Open economy with human face. So this is nothing new. In late 70s, Sri Lanka attempted to tr...

Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, today announced that it has won a Bronze SAP Quality Award in the category of Business Transformation alongside its customer, independent insurance group Barmenia. The award was given for the successful design, migration and integration of SAP Collections and Disbursements with Barmen...

Textured Jersey Lanka PLC (TJL) was selected as the 'National Winner' in the Manufacturing Textiles, Apparel and Leather Products category at the recently concluded Business Excellence Awards (NBEA) organized by the National Chamber of Commerce. The company was also selected as the 'National Runners-up' for Excellence in Environmental Sustainability.Ranked among the Top 50 entities in Sri Lanka and the only mill to be listed in the LMD Top 100 ratings, TJL specializes in supplying knit ...

Durable, the leading European office products brand and the inventor of the time-honoured Duraclip has entered the Sri Lankan market in partnership with Thef:;llstop, the country's foremost supplier of branded stationery.A heritage brand whose origins date back to 1920, Durable patented the Duraclip folder in 1959 as a solution for filing documents without punching holes in them, and has since grown into a global brand for innovative filing, mounting, storage and signage products. Th...

Focus

The news on the discovery of a floating armoury at the Galle Port spread like lightening. Police launched investigations following information received by Deputy
The present government will have to revise expenditure as well as revenue estimates of the previous regime, in order to deliver on the promises made during the
Heroin extracted from the Poppy flower grown on the Afghan – Pakistan border has become a threat to the entire world. The Poppy flower is symbolic of soldiers
In the backdrop of alleged massive financial irregularities at Sri Lanka Tourism in the past years, Minister of Tourism and Sports, Naveen Dissanayake, said he