Tuesday, 31st March 2015

Business Editor: 0094 11 242 9221 / E mail: business@dailynews.lk

Business

  • To extend to 1000 locations countrywide
Prime Minister Ranil Wickramasinghe launching the free WiFi program at the Fort Railway Station. ICTA Chairperson Chitranganee Mubarak and Ministers Mangala Samaraweera, Ranjith Madduma Bandara, Ravi   Karunanayake and Deputy Ministers EranWickremaratne and Ajith Perera and officials look on. Left: A commuter browsing the internet at the Station. Pictures by Ruwan De Silva
Prime Minister Ranil Wickremesinghe launched ‘The internet connectivity - a citizen’s right program’ also known as the free WiFi program at the Fort Railway Station yesterday. Free WiFi facilities were launched in the Jaffna, Matara and Polonnaruwa railway stations in a bid to create a knowledge based modern economy by empowering the Sri Lankan youth. The entire project has been implemented at a cost of Rs 1 billion. Initially, every Sri Lankan will be able to access free WiFi at selected 26 locations across the country with a quota of 100 mega bytes per user at a speed of 512 kbps. However,...
MD and CEO R. Renganathan
Ceylinco Life has reported a total income of Rs 18.54 billion for the 12 months ending December 31, 2014 with premium income of Rs 12 billion, retaining its position as the country’s largest life insurer for the 11th consecutive year. Gross written premium income recorded an increase of 7.9 per cent over the previous year, while investment income improved by 1.78 per cent in the review period to Rs 6.83 billion, the company said in a filing with the Colombo Stock Exchange. The value of Ceylinco Life’s investment portfolio appreciated by 12.72 per cent to Rs 57.2 billion, a noteworthy growth...
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