A brilliant century from Charith Asalanka supported by a fine half century from Shammu Ashan enabled Sri Lanka Emerging to take a first innings lead of 103 in the second 4-day unofficial test played at Hambantota yesterday. Resuming at 69-3 Sri Lanka Emerging team replying to South Africa Emerging team’s first innings of 216 reached 319.
The Central Bank yesterday decided to keep policy rates steady on moderate inflation, high interest rates and challenging external environment, with projections showing Sri Lanka would experience around 4% growth in 2018.
Reuters: The Sri Lankan rupee ended steady yesterday as dollar demand from foreign banks offset selling of the greenback by domestic lenders on account of inward remittances, traders said.
Reuters: Shares rose for the second straight session yesterday as foreign investors picked up shares that had been battered in recent days, brokers said.
Fintek Managed Solutions (Pvt) Limited has announced its acquisition of the Integrated Business Solutions (IBS) unit of Brown and Company PLC. With this acquisition Fintek consolidates its role as the authorized distributor of Sharp office automation products and solutions in Sri Lanka.
The U.S. Treasury Department said it imposed sanctions Friday on a Russian bank for helping North Korea avoid U.N. Security Council actions to restrain Pyongyang's nuclear weapons and ballistic missile programs.
The mother of al-Qaeda leader Osama Bin Laden has spoken publicly about her son for the first time, seven years on from his 2011 death.