Mahaweli Coconut Plantations Ltd commences trading on CSE
On 3rd June 2019, the shares of Mahaweli Coconut Plantations Limited (MCPL) commenced trading on the Colombo Stock Exchange (CSE). MCPL is the first company to …
In Pictures
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LVL Energy Fund profits up 30-pct; focus on expanding geographical footprint
Leading energy company and subsidiary of Lanka Ventures, the LVL Energy Fund PLC, surpassed its outstanding financial performance in the previous year, by …
SriLankan Airlines, official airline partner of Melbourne’s Great Ocean Road Running Festival
SriLankan Airlines, the National Carrier of Sri Lanka and a member of the oneworld alliance continuing to establish its brand presence in Australia, became the …
Mobitel Partners M3Force to launch largest Monitoring and Response Center in Sri Lanka
Mobitel, Sri Lanka’s National Mobile Service Provider, has joined hands with M3Force to launch the largest Monitoring and Response (MnR) Center in Sri Lanka, …
CDB profit before tax surpasses Rs 2.7bn, now among top 5 NBFIs
Citizens Development Business Finance PLC (CDB) reinforced its dominance as a disruptor in the financial intermediary business in Sri Lanka with its …
SriLankan Airlines to resume services to Karachi
SriLankan Airlines is to resume services to Pakistan’s commercial capital Karachi on 1st June 2019. Sri Lanka’s National Carrier will operate five weekly …
Sunshine Holdings PAT down 36.5-pct; top-line growth 6.9-pct in FY18/19
Divestiture of Tea plantation business in May 2019Consolidated revenue of Rs. 22.6 billion, an increase of 6.9% YoYPAT amounted to Rs. 1.1 billion, down 36.5% …
Samsung redefines SMART TV with the launch of Unbox Magic Series
Samsung Sri Lanka today announced its latest Smart TVs with industry first unique benefits such as Personal Computer, Music System , Live Cast and Two Way …
Australia returns illegal immigrants from failed people smuggling vessel
Twenty Sri Lankan national illegal immigrants were returned to Sri Lanka yesterday from a people smuggling vessel targeting Australia. Australia remains …
Ravi Fernando highlights need to embed corporate sustainability subject into curriculums
Well known strategic corporate sustainability guru Dr. Ravi Fernando has emphasized the crucial need for professional and academic programmes to integrate the …
Sri Lanka introduces an electronic Government Procurement System
Remarks made by Mangala Samaraweera, Minister of Finance at the launching event of the Electronic Government Procurement (e-GP) System on 29th May 2019 Let me …
DFCC iConnect to facilitate employee EPF payments
The greatest testimonial to DFCC Bank’s credentials as the industry leader in pioneering FinTech solutions in the banking and financial solutions industry is …
Sri Lanka to host 2021 Annual meeting of ADB: Finance Ministry
The 54th Annual Meeting of the Board of Governors of the Asian Development Bank is to be held in Colombo, in May 2021. The Annual Meeting of the ADB Board of …
ComBank slashes rates for ‘Biz Loans’ to encourage SME Sector
Commercial Bank of Ceylon has announced a reduction of interest rates relating to its ‘Biz Loans’ with a view to further supporting the small and medium …
“Warak Wati Dewarak Nagi Siti Sinhayan Api” Sri Lanka Cricket launches World Cup theme song
Sri Lanka Cricket, under the auspices of the Ministry of Sports and Hon. Minister Harin Fernando - Minister of Telecommunication, Foreign Employment and …
Gany Subramaniam appointed Chief Executive Officer of Allianz Lanka
Allianz today announces the appointment of Gany Subramaniam as the Chief Executive Officer of Allianz Insurance Lanka Ltd & Allianz Life Insurance Lanka …
CA Sri Lanka Techno Fair 2019 to unveil digital technologies for businesses
With the onset of the fourth industrial revolution, and with businesses increasingly embracing technology to become more efficient and sustainable, the …
DFCC maintains profitability under volatile market conditions
DFCC’s Total Assets grew by LKR 15,652 million to LKR 390,560 millionDFCC recorded Tier 1 and total capital adequacy ratios of 10.34% and 15.45% …
Samsung customers can binge on free K-POP & other content via My Galaxy App
In exciting news for Samsung Galaxy customers, K-POP content is now available FREE on My Galaxy App on Samsung Galaxy smartphones. Increasing in popularity …
Sampath Bank’s Net Interest Income up by 23-pct in Q1 2019
Sampath Bank reported a net interest income of Rs. 10.2 Bn for Q1 2019 reflecting a noteworthy growth of 23. buy lipitor online …