Items filtered by date: Monday, 06 August 2018

Proteas flatten Sri Lanka on flat track to win series

  • Published in Sports

PALLEKELE, Sunday: On a flat Pallekele International Stadium pitch South Africa displayed their full batting potential to run up the highest total at this venue - 363-7 in 50 overs to beat Sri Lanka by 78 runs and take a winning 3-0 lead in the five-match series.


SLID holds AGM

The Sri Lanka Institute of Directors (SLID) held an Annual General Meeting recently at the Kingsbury Hotel, Colombo. The Chief Guest was Prime Minister Ranil Wickremesinghe and the Guest of Honour was British High Commissioner James Dauris.


Sri Lanka secures US$1 bn Chinese loan

Sri Lanka’s central bank on Friday (Aug 3) announced it had secured a US$1 billion Chinese loan as the island, a key link in Beijing’s ambitious Belt and Road initiative, develops closer relations with Asia’s largest economy.


Inflation to be high in Aug

Inflation is expected to maintain the current high levels of 5.4 per cent, experienced last month, this month as well, due to high fuel prices and the cascading effects thereof, complemented by high food prices, Central Bank Governor Dr. Indrajit Coomaraswamy said Friday (3).


Improved infrastructure plays major role in real estate values – JLL Report

With the recent announcement that the much-anticipated Colombo Light Rail Transit (LRT) project is all set to proceed with Phase 1 following the green light from government ministries, there has been widespread speculation on its effect on the price of property within close proximity to the line. Taking into consideration various factors and an accumulation of relevant statistics, leading global real estate consultancy Jones Lang La Salle (JLL) has evaluated the relationship between this new infrastructure development and the value of real estate in Colombo.

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