Pan Asia Bank PAT tops Rs.800Mn in 1H 2018
Aug 10, 2018 (LBO) - Pan Asia Banking Corporation PLC reported its best ever profit recorded in a first half in 2018 anchored by solid growth in new loans, …
Economy & Markets
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Oracle Cloud powering Sri Lankan organizations to transform and innovate
Aug 10, 2018 (LBO) - Three of Sri Lanka’s most prominent companies shared how they are transforming their businesses and accelerating the adoption of the …
Singer revenue up 16-pct in 1Q
Aug 09, 2018 (LBO) - Singer (Sri Lanka) PLC announced a 16 percent increase in its revenue to 15. online pharmacy buy spiriva inhaler with best prices today …
Advantis Engineering partners ATAD Steel Structure Corporation to improve construction solutions in Sri Lanka
Advantis Engineering, a subsidiary of Hayleys Advantis Limited, recently entered into a Memorandum of Understanding (MOU) with global pre-engineered building …
CB Governor says bank deposit and lending rates need to come down
Aug 08, 2018 (LBO) – Sri Lanka's Central Bank Governor Indrajit Coomaraswamy expressed concern on the current deposit and lending rates of the banks. …
President invites all to join hands and achieve sustainable development goals
Aug 08, 2018 (LBO) - Achieving sustainable development goals is to make the country and the nation victorious, Sri Lanka's President Maithripala Sirisena …
Sri Lanka President says “NO” increase of salaries for Ministers and MPs
Aug 07, 2018 (LBO) - President Maithripala Sirisena says even though the Sunday newspapers published that the decision was made to increase the salaries of the …
Prime Finance (GSF) swings to profit, increases capital via rights issue, deposits top Rs2.6bn
August 6, 2018 (LBO) - Colombo Stock Exchange listed Prime Finance PLC (GSF) reported a profit of Rs29mn for the quarter ended June 2018. buy suhagra online …
SOMAP makes mandatory offer to all shareholders of Anilana Hotels (ALHP)
August 6, 2018 (LBO) - Singapore incorporated company SOMAP has made a mandatory offer to acquire all outstanding shares in CSE listed Anilana Hotels (ALHP). …
Sri Lanka’s female unemployment on the rise
Aug 06, 2018 (LBO) - Sri Lanka's unemployment in the first quarter of 2018, rose to 4. online pharmacy buy strattera with best prices today in the USA online …
Asia Securities Chairman Dumith Fernando appointed to Union Assurance (UAL) Board
August 3, 2018 (LBO) - Asia Securities Chairman has been appointed as an Independent Non-Executive Director of CSE listed insurance company Union Assurance …
Ramani Ponnambalam appointed Chairperson of Alliance Finance (ALLI)
August 3, 2018 (LBO) - The Board of Directors of CSE listed Alliance Finance has appointed Non Executive Director Ramani Ponnambalam as Chairperson with effect …
CSE finishes the week lower, turnover continues to be extremely poor
August 3, 2018 (LBO) - Major indices at the Colombo Stock Exchange finished the week lower on extremely low levels of total market turnover. For the week, the …
Asanga closes deal; Anilana Hotels (ALHP) gets capital infusion
August 3, 2018 (LBO) - After several delays, Colombo Stock Exchange (CSE) listed Anilana Hotels and Properties (ALHP) has finalised a deal with investor SOMAP …
Sampath Group pre-tax profit exceeds Rs10Bn for first half of 2018
(PRESS RELEASE) - Sampath Bank’s Group pretax profit for the first half of the year exceeded Rs 10.3 Bn (28.2% growth) while Sampath Bank recorded a pre-tax …
Fintek Solutions announce acquisition Brown’s Integrated Business Solutions
Aug 03, 2018 (LBO) - Fintek Managed Solutions (Pvt) Limited has announced its acquisition of the Integrated Business Solutions (IBS) unit of Brown and Company …
Sri Lanka keeps rates unchanged
Aug 03, 2018 (LBO) - Sri Lanka has decided to keep policy rates unchanged with the aim of stabilising inflation at mid-single digit levels in the medium term, …
Finance Min calls for new regulatory body for Microfinance industry
Aug 03, 2018 (LBO) - Sri Lanka's Finance Minister said that he is proposing the establishment of a new microfinance regulatory authority together with …
LB Finance (LFIN) reports profits of Rs1.1bn for the quarter, deposit base grows to Rs75bn
August 2, 2018 (LBO) - Colombo Stock Exchange listed LB Finance (LFIN) reported earnings of Rs1.137bn for the quarter ended June 2018. buy fluoxetine online …
CSE listed DIMO reports a loss as inventories increase by Rs5bn; stock is cheap but investors pass
August 2, 2018 (LBO) - Colombo Stock Exchange listed DIMO lost Rs54mn in the quarter ended June 2018. online pharmacy buy abilify with best prices today in the …