ComBank improves Q2 earnings despite challenges
The Commercial Bank Group has reported operating profit before impairment charges and taxes of Rs 19.476 billion for the first half of 2019, a 9.45% …
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New UNDP Resident Representative takes office
Robert Juhkam presented his credentials on 15 August 2019 to Tilak Marapana, Minister of Foreign Affairs, officially taking office as the new …
Teejay extends partnership with University of Moratuwa
Teejay Lanka PLC, one of the largest knit fabric providers in South Asia, has announced an extension of its support to the University of Moratuwa for …
CIM appoints Onalie Dissanayake as new head for Sri Lanka & Maldives
The Chartered Institute of Marketing (CIM), the world’s leading professional body for marketing, has appointed Onalie Dissanayake to head up CIM in …
Sri Lanka to present Vote on Account for 1Q 2020 instead of fully-fledged budget
Aug 14, 2019 (LBO) – Sri Lanka's cabinet yesterday approved a proposal to present a Vote on Account (VoA) to allocate state expenditure for the …
UN Special Rapporteur on Freedom of Religion, Ahmed Shaheed to visit Sri Lanka
Aug 13, 2019 (LBO) – The UN Special Rapporteur on freedom of religion or belief, Ahmed Shaheed, will carry out an official visit to Sri Lanka, from …
Sri Lanka’s Hayleys to issue listed debt
Aug 13, 2019 (LBO) – Colombo Stock Exchange has approved in principle an application for listing the debt securities of Hayleys PLC. Hayleys said …
Arpico Finance partners with mCash to offer digitalized payments
The revolutionary mobile money platform, mCash, which is transforming the country’s electronic payments landscape, has partnered with Arpico …
I’ll never allow anyone to infringe sovereignty of Sri Lanka: Gotabaya (Full Speech)
Venerable Maha Sangha and religious dignitaries from the Christian, Hindu, Islamic and other faiths.5th Executive President of Sri Lanka, HE Mahinda …
Our candidate will be next president of Sri Lanka, not Gota: Mangala
Statement by Mangala Samaraweera M.P. Earlier today, former President Mahinda Rajapaksa announced the presidential candidate for his family’s new …
Mahinda officially names Gotabaya as their presidential candidate
Aug 11, 2019 (LBO) – Opposition Leader Mahinda Rajapaksa today officially named former Defence Secretary Gotabaya Rajapaksa as the presidential …
Opinion: Ranil vs Gotabaya is a victory for the Nation
August 10, 2019 (LBO) - Tomorrow, August 11th 2019, is Gotabaya Rajapaksa's day to shine. At what portends to be a massive political rally, his …
Sri Lanka official reserves at USD 8.3bn by end July; YTD rupee appreciation 3.1-pct
Aug 09, 2019 (LBO) – Sri Lanka’s gross official reserves were 8,343.9 million US dollars by the end of July, down from 8,864.98 million US …
Sri Lanka industrial production up by 2.2-pct in Jun 2019
Aug 09, 2019 (LBO) - Sri Lanka's industrial production has increased by 2.2 percent in the month of June compared to the same month in 2018, new data …
Sri Lanka looking at establishing direct flights to Cambodia
Aug 09, 2019 (LBO) – Sri Lanka is looking at the possibility of establishing direct flights to Cambodia and to enhance tourism and trade between …
Singer revenue in Q1, 2019 marginally down for previous year
Aug 09, 2019 (LBO) - Singer (Sri Lanka) PLC results for Q1 ended June 30, 2019 indicated a Group revenue at 13.9 billion rupees, when compared to …
SriLankan Airlines suspends operations to Cochin due to floods
Aug 09, 2019 (LBO) – SrLankan Airlines has suspended operations to Cochin, India till Sunday August 11, 2019 following the closure of the airport …
Hayleys records Rs.52.6Bn turnover in first quarter 2019/20
Aug 09, 2019 (LBO) - Hayleys PLC, demonstrated resilience in challenging conditions to record an improvement in turnover and operating performance …
Hayleys PLC records Rs. 52.6 bn turnover in a challenging first quarter of 2019/20
Hayleys PLC, Sri Lanka’s most diversified conglomerate, demonstrated resilience in challenging conditions to record an improvement in turnover and …
Sri Lanka Telecom & Mobitel unveil Digital Roadmap for Northern Province
Sri Lanka Telecom (SLT) and Mobitel, together with the Ministry of Telecommunication and Digital Infrastructure, launched the Digital Roadmap for the …
Tea: July 2019 national average shows gains month on month
Aug 08, 2019 (LBO) - The national average for the month of July 2019 totalled 497.35 rupees against 494.48 rupees of June 2019, showing a marginal …
Pakistan suspends trade with India, downgrades diplomatic relations
Aug 08, 2019 (LBO) – Pakistan on Wednesday expelled India’s high commissioner and suspended bilateral trade as a response of India’s move to …
Applications accepted for CA Sri Lanka’s 55th annual report awards
Aug 07, 2019 (LBO) - To honor the best Annual Report masterpiece produced in the country, the Institute of Chartered Accountants of Sri Lanka (CA Sri …
Piramal Glass Ceylon reports Rs.1,585Mn in revenue for FY Q1 2019/20
Aug 07, 2019 (LBO) - Piramal Glass Ceylon PLC has reported 1,585 million rupees revenue and 21 million rupees, profit after tax for the 1st quarter …