May 01, 2018 (LBO) – The merger between Hutchison Telecommunications Lanka (Private) Ltd and Etisalat Lanka (Private) Ltd is likely to relieve some competitive pressures that have undermined Sri Lankan telecom companies’ revenue and EBITDA growth in recent years, Fitch Ratings said.. However …
ECONOMYNEXT – A planned merger of Sri Lanka’s Etisalat and Hutchison mobile network will reduce competition and armed with more spectrum, the merged entity may expand broadband and capture data revenues, Fitch, a rating agency said. “The long-overdue industry consolidation, announced on …
ECONOMYNEXT – Profits at Sri Lanka’s DFCC Bank fell 15 percent from a year earlier to 1.07 billion rupees in the March 2018 quarter, on increased provisioning for bad loans, interim accounts showed. The bank reported earnings of 4.05 rupees per share in the quarter. The stock closed at 117 rupees …
May 01, Colombo: The new cabinet will take oaths before President Maithripala Sirisena at the Presidential Secretariat at 10 am today. The ministers who were to be sworn in today have been asked to come to the Presidential Secretariat at 9.30 am today….
COLOMBO: Sri Lanka is celebrating its most important annual Buddhist festival, Vesak — celebrated on the first full moon in the month of May. Sacred relics from both India and Pakistan, have been sent to the country to be displayed for the devotees of …
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Liv ends Sri Lanka break in tears realising Digby heartache. Sad times for Liv and Digby down at Made In Chelsea. What do you do when you love each other but aren’t yourselves as people? M*A*S*H stars Loretta Swit and Jamie… Read More · 0:21min · Behind The Curve trailer: Supporting.
Melissa confronts Liv about her comments and Liv tells her that she is indeed boring and that it’s a real inconvenience that she decided to come to Sri Lanka to advertise her swimwear range. All this results in some of Liv’s trademark breathless crying which, in turn, makes Melissa cry even though she …
( May 1, 2018, Colombo, Sri Lanka Guardian) Political vultures are circling round the late Maestro Lester James Peries after his death. They have instructed to ‘honour’ him with a state funeral at the expenses of the state. I saw a photograph of President Sirisena handing over a cheque to Lester on his …
A panel event by the Congressional Caucus on Religious and Ethnic Freedom in Sri Lanka saw a lively discussion on the link between Sinhala Buddhism and extremist violence in Washington DC last week. The panel, moderated by the co-chair of the caucus Re…