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Laugfs Holdings’ chairman buys 6 per cent stake in Pan Asia Bank

Laugfs Holdings chairman W.K.H. Wegapitiya, bought more than 27 million shares or an approximately 6 percent stake in Pan Asia Banking Corporation PLC. The value of the deal is over Rs.500 million. ‘The shares were bought via the Softlogic stock brokering firm, sources said. The seller of the majority of …

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Govt. docs to launch indefinite strike

The Government Medical Officers’ Association (GMOA) will stage a countrywide strike on May 9 unless the government resolves the crisis caused by the continuing operation of the SAITM (South Asian Institute of Technology and Medicine). GMOA Secretary Dr. Naveen de Zoysa yesterday said that his association had the backing of …

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Spiritual guidance needed to create peace and harmony

President Maithripala Sirisena says the guidance given by the spiritual leaders is very important in finding solutions for the current issues in world. The President made these remarks at the inauguration ceremony of the international seminar, organized by Sri Lanka Islamic Center. The opening session of the seminar was held …

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