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US DOLLAR: RS. 309.37 UK POUND: RS. 417.50 EURO: RS. 364.51 JAPANESE YEN: RS. 1.99 INDIAN RUPEE: RS. 3.40 AUSTRALIAN DOLLAR: RS. 218.48

Day: October 3, 2016

  • Oct- 2016 -
    3 October

    REGIONAL MARKETS

    Asian markets rallied Monday, with financials up on easing fears about the future of German giant Deutsche Bank, after a source said it was nearing a deal to slash a multi-billion-dollar US fine

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  • 3 October
    PARTNER NEWS

    ARPICO

    The CMO Asia Awards – held for the seventh consecutive year, at Pan Pacific Singapore

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  • 3 October
    ONLINE EXCLUSIVES

    WIND POWER AFFECTS BIRDS

    Although wind power is an ideal alternative energy option for Sri Lanka, the location of a proposed wind farm is said to negatively impact the migrant bird population arriving in the island

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  • 3 October
    ONLINE EXCLUSIVES

    TAXES ON CIGARETTES HIKED

    The Cabinet recently decided to impose a 15 percent Value Added Tax (VAT) on cigarettes, increase the current production tax to Rs. 5, and increase the cess on beedi leaf imports from Rs. 2,000 to…

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  • 3 October
    ONLINE EXCLUSIVES

    SHORTFALL IN TEA PRODUCTION

    With Sri Lankan tea production in August falling by 13 percent compared to last year, from 3.4 million kilogrammes (kg) to 23 million kg, the country is predicted to head for a significant shortfall in…

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  • 3 October
    ONLINE EXCLUSIVES

    COMPUTER LITERACY RISES

    Computer literacy in Sri Lanka has increased from 16.1 percent in 2006/07 to 27.1 percent in 2015, according to a national survey conducted by the Department of Census and Statistics

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