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Sri Lanka stocks higher at close of trade; CSE All-Share up 0.08%

 News
Dec 282017
 

Investing.com – Sri Lanka stocks were higher after the close on Thursday, as gains in the Footwear & Textile, Power & Energy and Telecoms sectors led shares higher. At the close in Colombo, the CSE All-Share gained 0.08%. The best performers of…

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Sri Lanka President asserts authority after warning Ranil

 News
Dec 282017
 

ECONOMYNEXT – President Maithripala Sirisena appointed newly sworn-in legislator Piyasena Gamage as state minister for law and order in a move that sought to reduce the authority of a very close ally of the prime minister. Sirisena, who is at loggerheads with Prime Minister Ranil Wickremesinghe’s …

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JO member Somaweera Chandrasiri joins President

 News
Dec 282017
 

Mahajana Eksath Peramuna (MEP) Vice Chairman Somaweera Chandrasiri, who was a member of the joint opposition, today pledged his support to President Maithripala Sirisena. He met the President at President’s House this morning and extended his fullest support to the President’s development …

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Sri Lanka releases 69 Indian fishermen

 News
Dec 282017
 

Coast Guard at the IMBL by the Lankan authorities. A total of 89 fishermen from Tamil Nadu and Puducherry have been released by Sri Lankan authorities so far this year and 71 were still in various jail in Sri Lanka, he said. Earlier today, a report sai…

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Sri Lanka keeps rates steady to support a sluggish economy

 News
Dec 282017
 

COLOMBO, Dec 28 (Reuters) – Sri Lanka’s central bank kept its benchmark interest rates unchanged on Thursday, saying inflation and private sector credit growth have cooled to a manageable level as policy makers focus on supporting a slowing economy. The monetary authority said high food prices …

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Lanka Century Investments acquires enterprise solutions

 News
Dec 282017
 

MillenniumIT ESP is one of Sri Lanka’s leading information systems solutions providers delivering IT solutions for many industries; the largest of which are in the financial and telecommunications areas. Solutions include providing Core Infrastructure, Information Security, Business Collaboration, …

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Sri Lanka seek release of 70 Indian fishermen

 News
Dec 282017
 

Colombo [Sri Lanka], Dec 28 : The Sri Lankan Government on Thursday said that it will intercede with courts for the release of 70 Indian fishermen lodged in prison as a gesture of goodwill. The appeal for release of 44 fishermen will made before the Oo…

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Sri Lanka releases 69 Tamil Nadu fishermen

 News
Dec 282017
 

RAMESWARAM: The Sri Lankan courts in Jaffna and Vavunia today ordered the release of 69 Tamil Nadu fishermen lodged in prisons there, an official … from Tamil Nadu and Puducherry have been released by Sri Lankan authorities so far this year and 71 we…

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Sri Lanka releases 69 TN fishermen

 News
Dec 282017
 

A Sri Lankan court had yesterday released 20 fishermen, arrested on January and February this year on charges of poaching into the island nation’s waters, and they were handed over to the Indian Coast Guard at the IMBL by the Lankan authorities. A total of 89 fishermen from Tamil Nadu and …

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Sri Lanka releases 20 Indian fishermen

 News
Dec 282017
 

20 Indian fishermen who were in the custody of the Sri Lankan authorities have been released. … Sri Lanka Navy said the fishermen were handed over to the Indian Coast Guard vessel, "Ameya" in the international waters north off Kankesanthura…

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