Dipped Products records turnover of Rs.7.8Bn
Aug 05, 2019 (LBO) - The Dipped Products Group posted 7.8 billion rupees turnover and 221 million rupees profit before tax (PBT) for the first quarter ended …
Industry
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Sri Lankan financial services company implements cloud-based digital strategy
Aug 05, 2019 (LBO) - With operations supported by a range of Microsoft solutions, Capital Alliance Group (CAL) recently featured in a Microsoft client case …
Swim Week Colombo to showcase Sri Lanka as an international hub
Aug 02, 2019 (LBO) - The fifth edition of OLU Swim Week Colombo will unveil the latest trends in swim and luxury resort wear presented by 9 Sri Lankan …
CA Sri Lanka forum highlights need for accountants to lead in eradicating corruption
Aug 02, 2019 (LBO) - The increasingly important role professional accountants including Chartered Accountants can play in eradicating corruption and the …
Teejay reports Q1 net profit growth of 62-pct
Aug 02, 2019 (LBO) - Teejay Lanka PLC has made a strong start to 2019-20, reporting excellent top and bottom line growth at group and company level through …
NDBIB advisor to Rs.2.8 Bn IPO in Maldives
Aug 02, 2019 (LBO) - NDB Investment Bank (NDBIB), acting as the sole financial advisor and manager is executing its 2nd initial public offering (“IPO”) in …
ComBank launches ‘Yasasa’ savings account exclusively for pensioners
The Commercial Bank of Ceylon has launched a savings account exclusively for government pensioners and their widows or widowers, to facilitate access to a host …
Central Bank asks customers to register for e-payment notification facilities
Aug 01, 2019 (LBO) – Sri Lanka's Central Bank is requesting customers to register for real-time e-payment notification facilities in order to prevent …
Teejay makes strong start to 2019-20
Teejay Lanka PLC has made a strong start to 2019-20, reporting excellent top and bottom line growth at Group and Company level through efficient capacity …
Seylan Bank records Rs 1.5Bn profit after tax during 1H 2019
Seylan Bank recorded a steady performance with Profits before Taxes reaching Rs. 3,476 Million for the 6 months ended 30th June 2019 against the Rs. 2,996 …
Technology, Digital Transformation drives Sri Lanka’s future of business: IBM Forum
July 30, 2019 (LBO) – IBM today conducted an IBM Innovation Forum in Colombo that brought together business leaders to explore how they can leverage …
PA warns of damage to local oil palm industry if seedling crisis not resolved soon
Jul 30, 2019 (LBO) - The Planters’ Association of Ceylon (PA) sounded the alarm on the escalating 500 million rupees oil palm seedling crisis, warning of …
Dentsu Grant Group launches Amnet operations in Sri Lanka
Jul 29, 2019 (LBO) - Dentsu Grant Group has announced the launch of Amnet, the programmatic expert from Dentsu Aegis Network, in Sri Lanka. Amnet is a …
Sri Lanka Real Estate regains momentum with international and expat markets
Jul 29, 2019 (LBO) - Following recent marketing efforts by industry leaders as well as by the Sri Lanka Tourism Board Authority (SLTBA), Sri Lanka’s many …
Altair supports 2019 RCGC for 3rd year running
Jul 29, 2019 (LBO) - The revived RCGC Open, one of only two open golf tournaments conducted in Sri Lanka, and now titled the RCGC – Altair Open, is to be …
Japan’s SBI group invests USD2Mn in Sunshine Energy
Jul 29, 2019 (LBO) - Japan’s SBI Group will be investing US 2 million dollars in Sunshine Energy to further expand on renewable energy production, a …
Srilankan Airlines corporate offices relocate to Airline Centre, Katunayake
July 26, 2019 (LBO) – All corporate offices of SriLankan Airlines which were located at the World Trade Centre, Colombo have now been relocated to its …
BOI issues directive to all Hub Operators banning importation of post-consumer materials
July 26, 2019 (LBO) – Sri Lanka's Board of Investment has issued a directive to all Hub Operators prohibiting with immediate effect, importation of …
Sri Lanka’s 1st dollar sovereign bond fund poised for global investors
Jul 26, 2019 (LBO) - Strong demand on the recent issuance of Sri Lankan International Sovereign Bonds (ISB) signals potential for a strong economic recovery …
JKH transportation, consumer foods and retail witness strong growth in Q1
Jul 25, 2019 (LBO) - John Keells Holdings PLC reported a 5 percent growth in Group revenue during the first quarter of the year of Rs.31.74 billion compared to …