Irahanda Group introduces winter melon drink

Deviating from the instant solution seeking trend, Irahanda Group revolutionised the beverage market with its novel products such as Siddhi, Aloecoma and Siyamba Cola. While Siddhi is helping to fight obesity Aloekoma gives relief to gastritis. On the other hand Siyamba Cola added meaning and nutritional value to parties reversing…

A Naturalist’s Guide to the Trees of Sri Lanka

Sri Lanka has a long tradition of books on trees, albeit biased towards the larger format and expensive end of the publishing spectrum. ‘A Naturalist’s Guide to the Trees of Sri Lanka’ is a portable, affordable, photographic field guide to 125 common trees published by British publisher John Beaufoy Publishing.…

Tense moments at EC press briefing as Chairman, Commission members disagree

There were tense moments towards the tail end of a press conference held at the Election Commission yesterday, when Commission Chairman Mahinda Deshapriya disagreed with some of the opinions expressed by Commission member Ratnajeevan Hoole. The disagreement arose when journalists raised questions about the use of modern technology for voting,…

Experts discuss tax, Customs appeals procedure

“Under the new Inland Revenue Act there is no requirement to furnish a bank guarantee upfront to the Tax Appeals Commission, and it is up to the Commission to decide if such security is required, this is a positive feature,” said Suresh Perera, delivering his presentation at the KPMG-organised presentation…

Cake mixing ceremony held at Weligama Bay Marriott Resort & Spa

To usher in the festive season, an elaborate cake mixing ceremony was arranged at Weligama Bay Marriott Resort & Spa, where the ambiance was charged with pre-Christmas cheer. Spreading the joy of the festivities, the event saw resident guests, hotel associates, along with the senior management team actively participating in…

Govt. should not sign MCC pact before poll: MR

Opposition Leader and Sri Lanka Podujana Peramuna (SLPP) head Mahinda Rajapaksa yesterday called on the Government to refrain from signing the $ 480 million Millennium Challenge Corporation Opposition Leader and Sri Lanka Podujana Peramuna (SLPP) head Mahinda Rajapaksa (MCC) pact before the Presidential Election, insisting that such a move would…

Bond yields increase

Secondary bond market yields were seen increasing yesterday as the liquid maturities of 15.07.23, three 2024’s (i.e. 15.03.24, 15.06.24 and 15.09.24), 15.10.27 and 15.09.34 were seen changing hands at highs of 9.60%, 10.00%, 10.05%, 10.02%, 10.30% and 10.65% respectively against its previous day’s closing levels of 9.53/60, 9.90/95, 9.92/97, 9.93/97,…

The 2019 Presidential Election and the aftermath

Following the announcement of the results of the Presidential Election on 17 November, and the new president swearing in, the ugly political system that has prevailed so far will end up giving way to an equally repulsive political system. It is the old presidential system introduced by J.R. Jayewardene with…

Mercantile Esports Championship announced by Gamer.LK and powered by Sri Lanka Telecom

The fourth annual Mercantile Esports Championship organised by Gamer.LK and powered by Sri Lanka Telecom PLC, will be held on 9 and 10 November where over 100 companies will compete to qualify for the grand finals to be held on 1 December. Registrations are currently ongoing and will close on…