Opinion: COVID 19 & Diabetes; a lethal partnership? How do we overcome this?
By Dr. Kayathri Periasamy With the latest wave of COVID-19 infections sweeping steadily across Sri Lanka, attention has been directed towards persons …
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Sri Lanka can manage current debt obligations without IMF help, says Cabraal
Nov 12, 2020 (LBO) – Sri Lanka can manage the current debt obligations without seeking the help of the International Monetary Fund (IMF), State …
Sampath Bank reports resilient financial performance in nine month ended Sept 2020
Sampath Bank recorded a profit before tax (PBT) of Rs 6.99 Bn and a profit after tax (PAT) of Rs5.09 Bn for the nine months ended 30th September …
Port City assures measures in place to prevent spread of COVID -19
This is to inform the public that on 11th November 2020, two local workers and four Chinese employed at another CHEC projectin Kotahena, Colombo 13 …
President scans peripheral health issues connected with COVID- 19 spread
President GotabayaRajapaksa emphasized that special attention should be paid to protect those who are suffering from non-communicable diseases from …
Finance Minister proposes to increase borrowing limit in Appropriation Bill by Rs.180bn
Nov 12, 2020 (LBO) – Sri Lanka’s Finance Minister Mahinda Rajapaksa on Thursday proposed to increase the borrowing limit stated in the …
Sri Lanka Chapter of Entrepreneurs’ Organization supports local entrepreneurs
Led by a vision to build the world’s most influential community of entrepreneurs, the Entrepreneurs’ Organization or EO, is a high-quality …
Dialog Axiata consolidates YTD performance with stable Q3
Dialog Axiata PLC announced, Wednesday 11th November 2020, its consolidated financial results for the nine months ended 30th September 2020. …
Sri Lanka’s INIVOS and UK’s Muzulu in partnership to offer full-scope Enterprise solutions
INIVOS Consulting, the fully fledged Sri Lankan Enterprise Resource Planning (ERP) solutions provider announced its partnership with Muzulu, the UK …
Opinion: Vital facts you need to know before applying for housing loan
By Lanka Property Web The rising population growth across the world has increased the need for housing day by day. People are either on the lookout …
Exports propel Hayleys to new heights; declares best ever six months
The Hayleys Group delivered a record profit in the first six months of FY 2020/21, with pre-tax profit nearly tripling to Rs. 5.52 billion compared …
CICT named Best Container Terminal in Asia in under 4mn TEUs category
Nov 11, 2020 (LBO) – Colombo International Container Terminals (CICT) has brought honour to the Port of Colombo by being adjudged the Best …
Fitch affirms Lion Brewery at ‘AAA(lka)’; Outlook Stable
Nov 11, 2020 (LBO) – Fitch Ratings has affirmed Sri Lanka-based Lion Brewery (Ceylon) PLC's National Long-Term Rating at 'AAA(lka)'. The Outlook is …
Fitch downgrades AMW Capital Leasing & Finance to ‘BBB –(lka)’; Outlook Negative
Nov 11, 2020 (LBO) – Fitch Ratings Lanka has downgraded AMW Capital Leasing And Finance PLC's (AMWCL) National Long-Term Rating to 'BBB-(lka)', …
Upgrading higher value-add by leveraging local resources, a key focus at SL Eco Summit 2020
The Sri Lanka Economic Virtual Summit (SLES)will have a session focusing on unlocking competitiveness for domestic industries by leveragingon …
EUR 280Mn financing by European bilateral development finance institutions and EIB
As part of Team Europe’s response to the Covid-19 pandemic, eleven members of EDFI, the Association of European Development Finance …
United Motors records Rs.366mn Group Profit in Q2 despite challenges in automobile sector
UML Group recorded a profit of Rs.366 million for Q2 compared to Rs.13.5 million in Q2 for the financial year 2019/20. The recorded Group revenue was …
State Minister Nivard Cabraal to deliver keynote at CA Sri Lanka’s Budget Webinar next week
Nov 10, 2020 (LBO) – The Annual Budget Seminar organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be held on …
Singer Finance leads tier two rankings by K Seeds Investments
In the latest national rankings of ‘Listed Finance Companies of Sri Lanka’ Report by K Seed Investments, Singer Finance (Lanka) has seized the …
ICRA: Economy at a glance for 3Q 2020
Highlights 3Q 2020 was shaping up to be the turning point from the depths of economic contraction, but the fast escalation of second wave of Corona …
Expolanka records revenue of Rs.49Bn and PAT of Rs.4.5Bn in Q2 FY 2021
Expolanka Holdings PLC secured exceptionally strong top and bottom line growth during the quarter ended 30 September 2020 (2Q20), largely as a result …
CCC Academy and Facebook host webinar for SME’s on use of digital platforms
The spread of COVID-19 has led to a global health and economic crisis, and caused unprecedented changes to the way consumers and businesses interact …
Ceylon Chamber Academy & Facebook to host webinar on use of digital platforms for SMBs
The spread of COVID-19 has led to a global health and economic crisis, and caused unprecedented changes to the way consumers and businesses interact …
Ambeon Group appoints Ajith De Silva as MD/CEO of South Asia Textiles Limited
Nov 09, 2020 (LBO) – Leading conglomerate Ambeon Group announced the appointment of Ajith De Silva as Managing Director/Chief Executive Officer of …