Sri Lanka’s Sampath Bank surpasses Rs5 bln in post-tax profit
(PRESS RELEASE) -Sampath Bank further extended its growth momentum in the 2nd quarter of the year and recorded a post-tax profit of Rs 5.7 Bn for the six …
Industry
кракен ссылкакракен ссылка
kraken darknetkraken darknet
Confusion over Lankan port deals may stymie FDI in maritime sector
By P.K. Balachandran Continuing confusion over the terms of foreign participation in the development of Sri Lanka’s ports threatens to stymie Foreign Direct …
Sri Lanka govt to rehabilitate 3,400 km of rural access roads
Aug 03, 2017 (LBO) - Sri Lanka's Cabinet has given the go ahead to rehabilitate 3,400 km of rural access roads and 340 km of national roads in four provinces. …
Sri Lanka cabinet approves issuing e-passports under PPP scheme
Aug 02, 2017 (LBO) – Sri Lanka’s cabinet has approved a proposal to introduce a chip enabled e-Passport where personal particulars of passport holders …
Cargills inks agreement with Bank of China to promote co-operation
Aug 02, 2017 (LBO) - Sri Lanka's Cargills (Ceylon) PLC said it has entered into an agreement with Bank of China to promote co-operation between Cargills group …
Colombo Port Eastern Terminal will not go to external party: President
Aug 02, 2017 (LBO) – Sri Lanka’s President Maithripala Sirisena says the Eastern Terminal of the Colombo Port will not be handed over to an external party …
Sri Lanka exports show tepid growth during first 5 months
Aug 02, 2017 (LBO) - Sri Lanka's earnings from exports expanded in May by 7.8 percent to 841 million dollars, on an year-on-year basis, however during the …
Hirdaramani Puthukudiyruppu factory achieves LEED platinum status
Aug 02, 2017 (LBO) - The Hirdaramani group's facility in Puthukudiyruppu has been awarded LEED Platinum certification established by the US Green Building …
Hambantota port loan to be transferred from Ports Authority to Treasury: MR
MEDIA RELEASE BY MAHINDA RAJAPAKSA Selling Sri Lanka The manner in which the government privatised the Hambantota port has shocked the nation. Parliament was …
Seylan Group shows strong 1H performance with 32-pct growth
Seylan Bank and its Group reported a strong growth momentum with its performance for the six months ended 30 June 2017. Seylan group recorded a net profit …
Australian purchases in the stock market hits an all-time high
(PRESS RELEASE) - Foreign inflows to the stock market originating from Australia indicate a figure of Rs. 626.4 million year-to-date, which is an all-time …
Sri Lanka’s Standard Chartered introduces Mobile Wallet Payments
Aug 01, 2017 (LBO) – Standard Chartered Bank has introduced Straight2Bank Wallet, a mobile payments system in partnership with Dialog Axiata’s eZ Cash …
Sri Lanka’s port deal boosts foreign reserves, a credit positive: Moody’s
Aug 01, 2017 (LBO) - The Hambantota port deal is credit positive for Sri Lanka because it will boost foreign-exchange reserves, which will ease the …
Court rejects SLT application to prevent Dialog’s fibre network expansion
Aug 01, 2017 (LBO) - The District Court of Colombo has refused applications for enjoining orders sought by Sri Lanka Telecom PLC against Dialog Axiata PLC …
Sri Lanka July inflation down to 4.8-pct
Aug 01, 2017 (LBO) - Sri Lanka's inflation as measured by Colombo Consumer Price Index dipped to 4.8 percent in July 2017 from 6.1 percent in June. …
Sri Lanka spent 32-pct less on vehicle imports in 2016: CCC
July 31, 2017 (LBO) – Sri Lanka’s expenditure on motor vehicle imports declined by 32 percent to 194 billion rupees in 2016 compared with 2015 when Sri …
Fitch downgrades Lion Brewery to A+(lka); outlook negative
Fitch Ratings has downgraded Sri Lanka's Lion Brewery (Ceylon) PLC's National Long-Term Rating to 'A+(lka)' from 'AA-(lka)'. The Outlook is Negative. The …
Hayleys Advantis invests Rs3.2bln in new distribution center
July 31, 2017 (LBO) - Hayleys Advantis said they will construct a Mega Distribution Center (DC) in Kotugoda with an 3.2 billion rupee investment for the first …
China-Sri Lanka deal on controversial deep water port to be signed on Saturday
By P.K. Balachandran The Sino-Sri Lankan deal over a controversial deep water port in Hambantota in south Sri Lanka, which has been hanging fire since January …
Parliament adjourns without debating Hambantota Port deal
July 28, 2017 (LBO) – Sri Lanka’s Parliament on Friday was adjourned following a tense situation in the chamber with opposition parliamentarians staging a …