SynergyY

Category: Business News

  • National Development Bank (NDB) Debenture issue is Oversubscribed

    National Development Bank (NDB) Announces that an issue of 50’000,000 Basel iii compliant – Tier 2 listed rated unsecured subordinated Redeemable debentures with a non – viability conversion (Debentures), at the par value of LKR 100/- each to raise LKR 5,000,000,000/- . With the prevailing economic situation, investment avenues are narrows and Central Bank of…

  • Gas prices as at today in Sri Lanka

    Litro Gas and Laughs Gas announces that they have reduce the Gas prices effective from today midnight. The New Prices and the reduction value as below Litro Gas Price as Today Cylinder Capacity Old price New Price Reduction 12.5kg LP Gas Cylinder 4743 3738 1005 5kg LP Gas Cylinder 1904 1502 402 2.3 Kgs Gas…

  • Kreate Design Singapore Invest 1 Billion in Lotus Tower

    Kreate Design (pvt) ltd of Singapore along with global investor are looking forward to invest USD 1 Billion in Lotus Tower in next 3 years. The company mainly focus on full-fledged casino and an entertainment area including water sports.  The MoU have singed recently in Colombo Sri Lanka, the company have already paid USD 56…

  • Central Bank of Sri Lanka Issues New Coins for Year 2019

    Central Bank of Sri Lanka Issues New Coins of Rs. 10, Rs. 5, Rs. 2 and Rs.1 made of stainless steel for the transection from 1st January 2019. Now you can obtain these coins from any commercial bank branch and can be used for payments amongst other currency notes and coins in circulation. Reasons for…

  • ‘Big Bad Wolf’ World Largest Book sale held in Sri Lanka from June 28 to July 8 at SLECC

    For the second successive year, the worlds biggest 24-hour book fair ‘Big Bad Wolf’ will take place from June 28 to July 8 at the Sri Lanka Exhibition and Convention Centre {SLECC). One of Sri Lanka’s foremost recruitment agencies. B-Connected will partner with Big Bad Wolf to assist the staff of different categories to man…

  • CBSL issues commemorative currency note for 70th Independence Day

    The Central Bank of Sri Lanka (CBSL) has issued a circulation standard commemorative currency note in the denomination of Rs.1,000 to mark the 70th independence celebration in the country which falls on February 4. This is the 4th commemorative note that was issued by the Central Bank. The size, predominant colour and security features of…

  • Spot fines for motor traffic related offences

    The Transport and Civil Aviation Ministry has introduced spot fines for range of motor traffic related offences instead of prosecuting at the court. The ministry issuing a Gazette Extraordinary has stipulated spot fines Hinging from Rs. 500 -Rs.3,000 for selected offences which previously required the institution and carrying on of legal proceeding in a court…

  • Sri Lanka’s first pharma zone to open with US$ 10 million investment

    I The Stale Pharmaceuticals Manufacturing Corporation of Sri Lanka (SPMC) and Pharma Zone (Pvt) Ltd entered into an agreement on January 8, 2018, to build the first ever exclusive pharmaceutical manufacturing zone of Sri Lanka at Welipenna in the Kalutara district with an investment in excess of US $ 10 million. Pharma Zone (Pvt) Ltd…

  • 2.116 Million Tourist Arrived to Sri Lanka in Year 2017

    Tourist arrivals to Sri Lanka reached an all-time high of 2,116,407 in 2017 according to the latest data released by the Sri Lanka Tourism Development Authority. The arrival figure for 2017 represents a 3.2 growth or 65,595 more arrivals over the preceding year when the figure crossed the 2 million mark for the first time.…