Sri Lankan real estate to be recognised at PropertyGuru Asia Property Awards
(PRESS RELEASE) • Nominations are ongoing until 25 August for the industry’s premier event • Domestic winners to compete for regional accolades to …
In Pictures
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PwC’s Academy workshop on Strategic Business Performance Management
PwC’s academy has organised a high end executive education programme aimed at C-suite executives and financial professionals to provide latest insights on …
Virtusa Polaris Named Among UK’s Top Employers
(PRESS RELEASE) - VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading worldwide …
Commercial Bank makes strong start to 2017 in all key performance areas
(PRESS RELEASE) Loan book tops Rs 659 billion Deposits gain momentum to Rs 781 billion Increased cost of funds reduce margins Higher taxes impact bottom line …
Sri Lanka NDB Investment Bank Goes Regional with Ooredoo Maldives IPO
(PRESS RELEASE) The premier investment bank in Sri Lanka NDB Investment Bank (‘NDBIB”) recently launched the Initial Public Offering (“IPO”) of …
SLRA launches Sri Lanka’s first Retailers’ Forum
Sri Lanka Retailers’ Association (SLRA) aims to be the apex body of the retail industry in Sri Lanka with an ambitious vision of ‘Achieving Retail …
Vesak celebrated at UN Headquarters in New York
The Day of Vesak was celebrated at the United Nations Headquarters in New York on 10th May 2017 in accordance with the UN General Assembly resolution 54/115 …
Sri Lanka’s forest-based strategy to combat climate change
(PRESS RELEASE) - Colombo, Sri Lanka, 9th May, 2017: It is now an established fact that the root cause of rapidly increasing changes in climatic conditions …
Workshop on fresh fruits for export market
The Technical Services Division of the Industrial Development Board of Ceylon (IDB) Under Ministry of Industry and commerce has made arrangements to conduct …
Sri Lanka Chamber of Medical Devices Industry appoints new board
The Sri Lanka Chamber of Medical Devices Industry recently appointed its new board for the year 2017. Comprising of 47 members representing the medical devices …
President inaugurated Tokyo Cement’s 2nd biomass power plant in Trinco
President Maithripala Sirisena ceremoniously inaugurated Tokyo Cement’s 2nd Biomass Power Plant in Trincomalee on the 5th of May, as part of a series of …
Bank of Ceylon relocates its Disaster Recovery Center
Press Release: Sri Lanka’s Bank of Ceylon, re-launched its Disaster Recovery Center (DRC) with the State-of the-art technology and new facilities recently. …
Sampath Bank surpasses Rs 2Bn mark for PTP in quarter ended March 31
(PRESS RELEASE) - Sampath Bank surpassed Rs 2.0 billion mark to achieve post tax profit (PTP) of Rs 2.3 billion for the quarter ended March 31, 2017. This …
CA Sri Lanka members recognized as forensic accounting specialists
Over 40 members of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), who hold senior management positions in the public and private sectors …
Transparency in government securities market further improves: CB
The Central Bank on 26.04.2017 mandated the primary dealers and licensed banks to use the Bloomberg electronic bond trading platform to trade repurchase …
Must use GSP Plus period as ‘breathing space’ rather than ‘comfort zone’: CCC
The Ceylon Chamber of Commerce is encouraged by the prospects of regaining the GSP Plus trade preferences and is hopeful that the final vote at the EU Council …
Fitch withdraws expected ratings on Seylan Bank’s debenture
Fitch Ratings has withdrawn the 'A-(EXP)(lka)' expected rating assigned to Seylan Bank PLC's (A-(lka)/Stable) proposed senior debenture issue as the debt …
Mobitel includes Instagram in its standard packages
Sri Lanka’s National Mobile Service Provider, Mobitel recently included Instagram in its Social Networking bundle, giving users that chance to snap and share …
R I L Property records Rs.1.1bn Profit After Tax for the Financial Year 2016/17
(PRESS RELEASE) - R I L Property Limited (RIL), which recently concluded its successful IPO, has recorded a Group Profit After Tax of Rs. 1.1 Bn for the …
Moscow invites Sri Lanka for Russia’s Davos
Sri Lanka has been given a fresh opportunity to showcase its investment and export portfolios to the emerging markets as well as the huge Russian region …