Sunday Observer Online


Sunday, 04 September 2016


| Business Tel: 0094 11 2429234 ; 0094 11 2429227 | E mail: [email protected] |




Marriage Proposals
Government Gazette
CEO of the CSE Rajeeva Bandaranaike and officials jointly cut the ceremonial cake to celebrate the event.

ADB to help prepare National Port Master Plan

SLPA to be restructured:

The Asian Development Bank has approved assistance to prepare a National Port Master Plan (NPMP) for Sri Lanka, covering all ports and connected urban and industrial activity as well as multimodal links. The master plan is financed by the Japan Fund for Poverty Reduction.


CDS celebrates 25 years in Capital Market

The Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE), celebrated 25 years in the Sri Lankan Capital Market on Friday. The CDS was set up by the CSE in 1991, marking a historic breakthrough in clearing and settlement in Sri Lanka.


Disgruntled employees flex muscles

Mackwoods drama continues:

The members of the Ceylon Mercantile Union (CMU) of Mackwoods (Pvt) Ltd who took umbrage over being forced to resign by the Mackwoods management last month with only a three-month salary compensation package will resort to legal remedies for redress if their claim for an acceptable compensation is turned down by the management.


ASPI ends week bearish despite foreign buying

It was an overall bearish week for the Colombo Stock Exchange. The ASPI closed at 6539.09 down by 0.18% compared to the previous week with the S&P SL20 closing at 3599.94 up by 0.42%. ASPI recorded a year to date loss of 4.78% as at weekly closure.


Bitumen, bunkers help LIOC sidestep price controls

Lanka Indian Oil Corporation’s focus on market segments such as lubricants, bitumen and bunkers helped drive profits when price controls resulted in losses on retail auto fuel sales, the company has said in its annual report for 2015-16. LIOC’s bunker volumes grew 20% this year while it became market leader in bitumen,


TIFA discussions end on positive note

An inter-sessional meeting of the U.S.-Sri Lanka Trade and Investment Framework Agreement (TIFA) Council meeting was held on September 1 in Colombo. The meeting was Co-Chaired by Minister of Development Strategies and International Trade,


eMobile Adz

| News | Editorial | Business | Features | Political | Security | Sports | Spectrum | World | Obituaries | Junior |


Produced by Lake House Copyright © 2016 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor