News Room : ‘Despite challenges in the market, SLT-MOBITEL reports moderate revenue growth in 1H 2024’ – The Island
Acorn Leisure, a subsidiary of the Acorn Group, has taken a significant step toward expansion by signing a Memorandum of Understanding (MOU) with NDB Capital Group and Sunil Fernando & Associates. Since its inception in 2020, Acorn Leisure has demonstrated remarkable growth, driven by an innovative hotel operations model that emphasizes transparency and strong governance. The partnership is designed to...
News Room : Ceiling on Election Expenditure will be decided today – ECSL
Commissioner General of Elections Saman Sri Rathnayake said that the ceiling on election expenditure by each candidate contesting the 2024 Presidential Election will be decided today itself even though the Election Commission has a five day period to do so according to the ‘Regulation of Election Expenditure Act No 3 of 2023. He added that the decision would be...
News Room : Hurricane Ernesto heads for Bermuda after causing power cuts in Puerto Rico – The Island
Adani Group, the Indian conglomerate rocked by a Hindenburg Research report last year, has faced another heavy share selloff after the short seller accused the head of India’s market regulator of having links to offshore funds also used by the group. About $2.43bn, or 1 percent, was wiped off the market value of Adani companies by the end of the...
News Room : Ranil gets ‘Gas Cylinder’ – The Island
By Rathindra Kuruwita Chairman of the Election Commission (EC), R.M.A.L. Ratnayake yesterday (15) urged all candidates contesting the 21 September presidential election to follow election laws as the violation thereof is a punishable offence. He warned that the offenders would face disqualification. Addressing the 39 candidates who signed nomination papers, the EC Chairman said human and physical resources of state institutions,...
News Room : Heavy showers above 100 mm are likely at some places in Western, Sabaragamuwa, Central, Southern and North-western provinces – The Island
Weather forecast issued at 05.30 a.m. on 13 August 2024 by the Department of Meteorology The prevailing showery condition over the island is expected to continue further due to the low-level atmospheric disturbance in the vicinity of Sri Lanka. Showers or thundershowers will occur at times in Western, Sabaragamuwa, Central, Southern and Uva provinces and over the eastern coastal areas during the...
News Room : Two seats vacant in Parliament
Acting Secretary General of Parliament Chaminda Kularatne has informed the Chairman of the Election Commission, in writing, that two Parliamentary seats in the Ninth Parliament have become vacant since 09 August 2024 due to the unseating of Manusha Nanayakkara and Harin Fernando. This has been informed in terms of Sections 64(1) and 64(5) of the Parliamentary Elections Act No....
News Room : USA top medal table after winning thrilling last gold
The United States snatched top spot in the 2024 Olympic medal table as their women’s basketball team earned a thrilling victory over hosts France to win the final gold on offer in Paris. The fearsome US team were in danger of one of the all-time Olympic upsets but won 67-66 to take gold for a record-breaking eighth Games in a...
News Room : Caribbean Sunset Soirée at Mount Lavinia Hotel
Mount Lavinia Hotel delighted its corporate friends, travel agents, wedding & event planners, media partners and other guests with an enchanting Caribbean Sunset Soirée. The event, held at the picturesque Paradise Beach, was a celebration of enduring partnerships and a testament to the hotel’s commitment to fostering relationships with those who have supported them over the years. The night unfolded beneath...
News Room : Showers above 75 mm are likely at some places in Northern, North-central, Eastern and Uva provinces. – The Island
Weather forecast issued at 05.30 a.m. on 08 August 2024 by the Department of Meteorology Several spells of showers will occur in Western, Sabaragamuwa and North-western provinces and in Kandy, Nuwara-Eliya, Galle and Matara districts. Showers or thundershowers may occur at several places elsewhere of the island during the evening or night. Fairly heavy showers above 50 mm are likely...
News Room : Several vie for Harin Fernando’s Natonal List seat – The Island
By Rathindra Kuruwita The Election Commission announced on Friday that it had received 158 complaints of election law violations, with 20 of these complaints filed within the 24 hours leading up to 9 am on Friday. According to People’s Action for Free and Fair Elections (PAFFREL), 99 percent of these complaints involve the misuse of state power and resources. Rohana Hettiarachchi,...