JKH Group revenue and EBITDA, excluding leisure, increases by 5-pct
Jan 27, 2021 (LBO) - Despite the isolation measures adopted by the authorities due to the second wave of the COVID-19 outbreak in early October 2020, which …
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Sri Lanka can achieve a greener and more prosperous future
By Andrew Zakharenka, Natural Resources Management Specialist Farmers, hoteliers and homestay owners, fishers, producers of the famous Kanthale milk curd, …
Lina Spiro launches Sri Lanka’s first metered-dose inhaler manufacturing plant
Sunshine Healthcare Lanka (SHL), the healthcare arm of the diversified conglomerate Sunshine Holdings PLC (CSE: SUN), officially commenced the operations of …
Global equity interest in emerging markets expected to trickle down to CSE: Ceylon Asset Management
Jan 26, 2021 (LBO) - Local investors should exploit attractive valuations of the CSE before a Sri Lanka country rating revision and foreign investor confidence …
Fitch revises 9 Sri Lankan financial institutions’ ratings on recalibration; 2 downgrades
Fitch Ratings has revised the National Long-Term Ratings of Sri Lankan financial institutions following the recalibration of the agency's Sri Lankan national …
Sunshine Holdings selects IFS ERP platforms for subsidiary companies
IFS, the global enterprise applications company, announces that Sunshine Holdings PLC, a leading conglomerate will roll out a comprehensive enterprise resource …
Samp Bank partner with Central Bank to promoting QR payments
Sampath Bank PLC joined hands with the Central Bank of Sri Lanka (CBSL) yet again to raise awareness and increase acceptance and usage of LANKAQR, the common …
First Capital Holdings announces LKR 2 Billion Debenture Issue
First Capital Holdings PLC (the Group), intends to raise a sum of LKR 1 billion via a Listed, Rated, Unsecured, Senior, Redeemable Debenture issue with a tenor …
Opinion: Extended producer responsibility to help address Sri Lanka’s plastic waste management
By Manjula de Silva, Secretary General and CEO, Ceylon Chamber of Commerce Each year, over 640,000 metric tonnes of plastic leak into the Indian Ocean from …
SL vehicle registrations show an increase in Dec 2020: Jan expected to be nil
Jan 21, 2021 (LBO) - Sri Lanka's vehicle registrations for the month of December show an increase mainly due to a shifting of registrations from the month of …
SL explores bilateral trade with Philippines
The Embassy of Sri Lanka in Manila initiated a virtual introductory meeting between the State Trading Corporation of Sri Lanka (STC) and the Philippine …
Fitch affirms Sri Lanka Telecom at ‘AA-(lka)’; outlook stable
Fitch Ratings has affirmed Sir Lanka Telecom PLC's (SLT) National Long-Term Rating at 'AA-(Ika)'. The Outlook is Stable. We have also affirmed the 'AA-(Ika)' …
RPCs lay out final proposal to remunerate workers Rs. 1105 per day
In a meeting today between the Minster of Labour Hon. Nimal Siripala de Silva and the Chairmen of all Sri Lankan Regional Plantation Companies (RPCs), a final …
Buying apartments the right way: 3 things to be mindful of
By Lanka Proprty Web From vertical living to multi-storied houses and ancestral homes in the countryside, housing has evolved throughout the years in different …
President declares open South Asia’s largest tyre manufacturing factory
President Gotabaya Rajapaksa declared open Ferentino Tire Corporation- PVT Ltd, largest tyre and radiator tyre manufacturing factory in South Asia today (14). …
Uber marks 5 yrs in SL, serves 1.8Mn riders and 110,000 drivers
Jan 12, 2021 (LBO) - Uber today marks its fifth year anniversary in Sri Lanka, during which it has served 1.8 million riders, completed more than 53 million …
IFC’s $25Mn investment in NTB to help businesses continue operations amid COVID-19
In an effort to provide improved access to critical working capital for Sri Lankan businesses impacted by the COVID-19 pandemic and to help preserve jobs, IFC, …
Sri Lanka’s boat manufacturing capabilities highlighted in Jordan
The Embassy of Sri Lanka in Jordan with the active facilitation of the Sri Lanka Export Development Board held a virtual Meeting on 6 January 2021, to showcase …
Union Assurance hosts virtual gala for annual awards
Union Assurance takes digital disruption to the next level as it felicitated top achievers of the Agency and Bancassurance sales force at a glittering Virtual …
Korean based Heung A Line expands services to Sri Lanka
Heung A Line head quartered in South Korea launched its maiden service (SIS/CI6) in Sri Lanka with its first vessel call at the CICT of the Port of Colombo …