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 …
Sri Lanka export income up in Aug 2018: Reserves at USD 8.6Bn
Oct 30, 2018 (LBO) - The Central Bank of Sri Lanka said the island's external sector performance remained subdued in August 2018. "During the month, the …
Smuggled Cigarettes: A challenge to Govt.’s revenue and health objectives
(RIU) -Sri Lanka is one of the first middle-income countries to adopt a strong tobacco control policy. The country ratified the Framework Convention on …