Pradeep Moraes re-elected as Chairman of Condominium Developers Association
Aug 16, 2018 (LBO) - The Condominium Developers Association of Sri Lanka (CDASL), has announced the appointment of new office bearers and members of the …
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Sri Lanka’s HNB Group records PBT of Rs.14.1 Bn in 1H 2018
Aug 16, 2018 (LBO) - HNB Group recorded Rs 14.1 Bn in Profit Before Taxes (PBT) for the first six months of 2018, representing a 30.7% Year-on-Year (YoY) …
Commercial Bank continues growth in Q2 to post strong 6-month result
Aug 16, 2018 (LBO) - Commercial Bank of Ceylon PLC has continued its growth momentum into the second quarter of 2018, despite having to pay in excess of Rs 7 …
SriLankan Airlines flights to Cochin Airport suspended due to flooding
Aug 15, 2018 (LBO) – SriLankan Airlines has temporarily suspended flights to and from the South Indian city of Cochin until 18th August, following the …
Virtusa worth $ 1.5 billion, projects year-end March 2019 revenue of $ 1.25 billion
August 15, 2018 (LBO) - Nasdaq listed software development company Virtusa (VRTU) reported earnings for the quarter ended June 30th 2018 last week. The company …
CB extends suspension of Pan Asia Bank primary dealer activities by 6 months
Aug 15, 2018 (LBO) – Monetary Board has decided to extend the suspension of business and activities of a Primary Dealer of Pan Asia Banking Corporation for a …
Hemas Group net profit down 20-pct in 1Q amid high finance cost
Aug 15, 2018 (LBO) – Sri Lanka’s Hemas Holdings which has interests in FMCG, leisure, and healthcare has posted a shareholder profit of 554. buy fluoxetine …
Sri Lanka industrial production index up 0.4-pct in June
Aug 14, 2018 (LBO) - The volume of industrial production has increased by 0. online pharmacy buy spiriva inhaler with best prices today in the USA buy …
Janashakthi Insurance PLC reports 6-pct growth (YoY) in June quarter
Aug 14, 2018 (LBO) - Life Insurer Janashakthi Insurance PLC (Janashakthi) reported a 6 percent year on year (YoY) growth in Gross Written Premium (GWP)for the …
Jaffna uniquely positioned for dual-hub IT strategy: STAX
Aug 14, 2018 (LBO) - Sri Lanka’s leading management consulting firm, STAX, recently launched a research report outlining a dual-hub IT strategy for Jaffna. …
CSE listed CDB reports profit of Rs339mn; Deposits grow to Rs47bn
August 13, 2018 (LBO) - Colombo Stock Exchange listed Citizens Development Business Finance (CDB) reported robust profits for the June 2018 quarter. online …
Abans Finance (AFSL) reports modest profit, deposits at 6.5bn, balance sheet shrinks sequentially
August 13, 2018 (LBO) - Colombo Stock Exchange listed Abans Finance PLC (AFSL) released quarterly results for the period ended June 2018. online pharmacy buy …
Sri Lanka hikes premium fuel prices
Aug 10, 2018 (LBO) - Sri Lanka has increased the prices of petrol (95) by 2.00 rupees to 167 rupees and super diesel by 1. online pharmacy …
Technical Cooperation Project from JICA for development of Kandy
Aug 10, 2018 (LBO) - The Urban Development Authority (UDA) of Sri Lanka and Japan International Cooperation Agency (JICA) have been working together since …
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, …
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 …
Sri Lanka Tourism launches Airbnb Experiences to help boost tourism
Aug, 10, 2018 (LBO) - Airbnb and the Sri Lanka Tourism Development Authority (SLTDA), the national tourism ministry, Thursday announced a strategic partnership …
CSE’s Depository arm CDS capitalizing on technology to diversify business
Central Depository Systems (Pvt) Ltd (CDS), a fully owned subsidiary of the Colombo Stock Exchange (CSE) is announcing a number of new offerings focused on …
Dialog approves nominee director from Axiata Group Berhad; 2Q profits up
Aug 09, 2018 (LBO) – Dialog Axiata has approved the appointment of Dato’ Mohd Izzaddin Idris as a Non-Executive Director to the board of Dialog, as a …
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 …