Mohan Pandithage named new Chairman of Singer, Dhammika to Co-Chair
Oct 03, 2017 (LBO) - Sri Lanka's Singer (Sri Lanka) which was recently acquired by Hayleys Plc has appointed, Mohan Pandithage as Chairman and Dhammika Perera …
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Construction of Litro Gas Filling Factory in Hambantota awarded to Dockyard General Engineering
Sept 28, 2017 (LBO) - Sri Lanka's Litro Gas has decided to award the contract to construct the gas filling factory of Litro Gas Lanka Company Hambantota to …
Singer Sri Lanka rating unaffected by shareholder change: Fitch
Sept 20, 2017 (LBO) - Sri Lanka's Hayleys PLC's acquisition of a controlling stake in Singer (Sri Lanka) PLC (Singer, A-(lka)/Stable) is neutral for Singer's …
Brandix named Sri Lanka’s Exporter of the Year for 5th successive year
Sept 15, 2017 (LBO) - The Brandix Group has topped Sri Lanka’s ranking of exporters for the fifth consecutive year in 2016 to be declared the country’s …
CSE and SEC to host next Invest Sri Lanka Forum in New York
(PRESS RELEASE) - The “Invest Sri Lanka Investor Forum” organized by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri …
Sri Lanka’s Singer and Hayleys issued trading halt
Sept 13, 2017 (LBO) - The Colombo Stock Exchange said that a trading halt has been issued on Singer (Sri Lanka) Plc, and Hayleys, Wednesday.buy cipro online …
Sri Lanka to pilot flexible working hours this month
Sept 12, 2017 (LBO) - Sri Lanka plans to pilot flexible working hours for public servants in Battaramulla commencing 18th September, an official said. online …
Sri Lanka’s Hemas Pharmaceuticals goes regional with distribution in Myanmar
Sept 12, 2017 (LBO) - Hemas Pharmaceuticals, a pharmaceutical importer and distributor in Sri Lanka, has ventured into regional shores with its entry into …
Inland Revenue bill passed in Parliament with amendments
Sep 07, 2017 (LBO) – Third reading of the Inland Revenue bill passed in Parliament with amendments, a short while ago. The bill received 90 votes in favour …
Sri Lanka’s PABC’s Outstanding Debentures gets ‘BB+(lka)’ rating: Fitch
(PRESS RELEASE) - Fitch Ratings-Colombo-04 September 2017: Fitch Ratings has assigned Pan Asia Banking Corporation PLC's (PABC, BBB-(lka)/Stable) outstanding …
Navesta Pharmaceuticals Opens Sri Lanka’s First Sterile Manufacturing Plant
(PRESS RELEASE) - - Sri Lanka’s first EU-GMP, PIC/S compliant facility to enable exports of pharmaceuticals to international markets. Navesta Pharmaceuticals …
Unilever and Arpico Encourage Shoppers to Go Green
(PRESS RELEASE) - 200% More Reusable Bags and 100,000 Fewer Polythene Bags Used During First Month Unilever Sri Lanka and Richard Pieris Distributors Ltd. …
Jaffna Investor Forum by SEC, CSE gets good response
Aug 28, 2017 (LBO) - The Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE) said they conducted the third Investor …
Norway’s pension fund reports best half-yearly returns
Aug 25, 2017 (LBO) - Norway's Government Pension Fund Global has returned a total 2.6 percent, or 202 billion kroner, in the second quarter of 2017, making the …
Sri Lanka’s Dialog Axiata conducts 5G technology trial
Aug 23, 2017 (LBO) - Sri Lanka's Dialog Axiata said that a 5G technology capability trial was carried out with technology partners Ericsson and Huawei at the …
Sunshine Healthcare’s Shyam Sathasivam calls for urgent private public collaboration for a sustainable pharma industry
(PRESS RELEASE) - August 21, 2017: Newly-elected President of the Sri Lanka Chamber of Pharmaceutical Industry (SLCPI) Shyam Sathasivam, Managing Director of …
Shareholder activism on the rise, USD170 bln funds managed
Aug 21, 2017 (LBO) - Shareholder activists are on the rise worldwide, with public shareholder requests against quoted companies in 2016 doubling from the …
Clear vision and unity key for Sri Lanka’s family businesses
Aug 17, 2017 (LBO) - Sri Lanka's family business continuity will depend on their ability to have a clear vision and retaining family unity, business leader …
Softlogic Holdings records Rs15.2 bln revenue in 1Q, +6.2 pct
Aug 17, 2017 (LBO) - Softlogic Holdings recorded a revenue growth of 6.2% posting Rs15.2 bn in the first quarter this year, from Rs14.3 bn in the same period …
Fitch Upgrades Sri Lanka Insurance Corp’s National Ratings
(PRESS RELEASE) - Fitch Ratings has upgraded Sri Lanka Insurance Corporation Limited's (SLIC) National Insurer Financial Strength (IFS) rating and National …