EU warns Sri Lanka constitution crisis could damage reputation and deter investors
Nov 09, 2018 (LBO) - Sri Lanka's prevailing political crisis could further delay and damage the island's international reputation and deter investors, a …
Anura Priyadharshana Yapa assumed duties as State Minister of Finance
Anura Priyadharshana Yapa assumed duties as the Minister of State for Finance at the finance ministry, Friday. Minister of Finance and Economic Affairs, Prime …
Haycarb records turnover of Rs.8.9Bn with PBT of Rs.502Mn for H12018/19
Nov 09, 2018 (LBO) - Haycarb PLC, a manufacturer of coconut shell activated carbon reported revenue of 8.9 billion rupees and profit before tax of 502 million …
Sri Lanka President appoints more ministers and state ministers
Nov 09, 2018 (LBO) - Two new Cabinet Ministers and five new State Ministers were sworn in before President Maithripala Sirisena at the President’s official …
Sri Lanka’s Watawala Plantations records PAT of Rs.554Mn
Nov 09, 2018 (LBO) - Watawala Plantations PLC reported a profit after tax (PAT) of 554 million rupees for the six months ended 30 September 2018. The Company …
Sri Lanka tea prices mixed in Oct 2018
Nov 09, 2018 (LBO) - Sri Lanka's low growns teas continued to meet with good demand, whilst high and mid grown small leaf teas continued to witness downward …
Sri Lanka tourist arrivals up only 0.5-pct in Oct 2018
Nov 08, 2018 (LBO) - Sri Lanka's tourist arrivals during October 2018 was 153,123 in comparison to October last year, there is a growth of 0.5 percent when the …
JKH PBT down 5-pct in 2Q: Revenue Rs.32.57Bn
Nov 08, 2018 (LBO) - Sri Lanka's John Keells Holdings (JKH) said the Group recorded a profit before tax (PBT) at 4.69 billion rupees in the second quarter of …
Nestlé opens third milk chilling centre in Mannar district
(PRESS RELEASE) - Continuing its strong dairy development drive in the country, Nestlé has opened its third milk chilling centre in the Mannar district, in …
Sri Lanka Public Services Trade Union asks Speaker to act on parliamentary majority
Nov 09, 2018 (LBO) - The Public Services National Trade Union Federation called on Speaker Karu Jayasuriya to go along with the 116 legislators who wanted …
Allianz tops Dow Jones Sustainability Index 2018
Sector leader in prestigious sustainability rating with 85 out of 100 points, second time in a row Best in sector in climate strategy, human capital …
Emirates takes Sri Lanka’s popular culture to the skies
There’s nothing quite like watching a movie in one’s own language, or listening to the music of a favourite local artist to feel at home even at 35,000 …
Sri Lanka explores tourism market potential in Switzerland
Nov 06, 2018 (LBO) - The Sri Lanka Mission in Geneva in collaboration with Sri Lanka Tourism Promotion Bureau organized the islands participation at a tourism …
Asiri buys Hemas Southern Hospital for Rs.450Mn
Nov 06, 2018 (LBO) - Asiri Hospital Holdings Plc, a subsidiary of Softlogic Group acquired Hemas Southern Hospitals for 450 million rupees, a statement said. …
Parliament to reconvene on the 14th of November
Nov 05, 2018 (LBO) - President Maithripala Sirisena has decided to reconvene the Parliament on November 14. The Gazette notification on reconvening the …
Nations Trust Bank records post-tax profit of Rs.2, 918Mn
Nov 02, 2018 (LBO) - The Bank closed the nine months ending 30th September 2018 with a post-tax profit of Rs.2, 918Mn with standing multiple challenges as …
Parliament to be reconvened on Wednesday not Monday
Nov 02, 2018 (LBO) – Sri Lanka’s Parliament will be reconvened on Wednesday the 7th of November and not Monday as earlier scheduled, the speaker has been …
Teejay 6-month net profit up 20-pct to Rs.705Mn
Nov 01, 2018 (LBO) - Sri Lanka's Teejay Lanka PLC, a textile manufacturer, has reported sales of 14.4 billion rupees and profit after tax of 704.8 million …
PropertyGuru doubles down on Southeast Asia with funding round
(PRESS RELEASE) Group bolsters its regional leadership with the new funding and full consolidation of Vietnam’s No. 1 property portal, Batdongsan.com.vn …
Foreign Minister meets Heads of Mission of SAARC countries
(PRESS RELEASE) - Foreign Minister Dr. Sarath Amunugama met the Ambassadors and High Commissioners of SAARC countries and their representatives at his office …