Dipped Products Posts Rs.24Bn Turnover and Rs. 1Bn PBT
Dipped Products Group posted Rs. 24 billion Turnover during the financial year 2016-17, 11 percent increase from a year ago. Group Profit Before Tax (PBT) for the year was Rs. 1.06 billion, 53 percent...
View ArticleNDB Wealth’s Retirement Income Plan, a Mother’s Day gift to secure her future
We can never repay our mothers for what they have done for us, investing all of their time, effort and energy, and every rupee they have, into making sure our futures are bright. And what better way to...
View ArticleGM to stop selling cars in India but not pulling out
Reuters – General Motors Co will stop selling cars in India from the end of this year, drawing a line under two decades of battling in one of the world’s most competitive markets where it has less than...
View ArticleHemas Group delivers earnings growth of 31.6% in FY 2016/17
Hemas Holdings PLC (HHL) and its subsidiaries achieved consolidated revenues of Rs.43.4Bn, year-on-year (YoY) growth of 14.3% for the twelve months ended March 31, 2017. During this period, operating...
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The latest addition to the luxury hotels in Sri Lanka
Set on a hillock in a picture-perfect destination on the south-eastern coast of Sri Lanka, Sooriya Resort & Spa is a new four-star class deluxe hotel where the pristine golden beaches and diversity...
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Visakha presents ‘The Songs we Love’ in celebration of 100th anniversary
In celebration of their Alma Mater’s 100th anniversary this year, the students of Visakha Vidyalaya present “The Songs we Love”, a choir performance by both the school’s Senior and Junior choirs. Come...
View ArticleHNB relocates to spacious new Ratnapura Customer Centre
Catering to rapid growth in commercial and retail banking activity in the area, Sri Lanka’s premier private commercial bank, HNB PLC, officially opened its newly relocated Ratnapura customer centre at...
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Coffee in Comfort at Café Mocha
Great coffee, great food, great people and a great ambience – this is the differentiating factor at Café Mocha, Gandhara. Café Mocha takes the typical coffee experience literally to another level by...
View ArticleTOTAL PR rebrands as PROTEAN
TOTAL PR, one of the leading Public Relations agencies in the country, operating under aegis of the Omnicom Media Group – Sri Lanka, rebranded themselves recently as PROTEAN. Drawn from Greek...
View ArticleBIMSTEC meeting to be held in Sri Lanka this year
The third ministerial meeting of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) will be held this year in Sri Lanka. The cabinet of ministers approved a proposal...
View ArticleSri Lankan shares slip from over 1-yr high on profit-taking
Reuters – Sri Lankan shares ended marginally down on Thursday, slipping from their highest level in more than a year hit in the previous session, as investors booked profits in blue chips including...
View ArticleAmbulance service from land and air soon
Benz Company and Airbus Company have agreed to invest on an island wide free ambulance service to be operated by land and air. Minister of Health, Nutrition and indigenous service Dr Rajitha...
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A Guide to Financial Services in Sri Lanka
The Central Bank released its new publication “A Guide to Financial Services in Sri Lanka” specifically compiled for the awareness of the general public on the financial institutions in Sri Lanka. This...
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Contemporary sari label Mulberry launches The Glamour Collection on Saturday,...
Mulberry will unveil The Glamour Collection with an exhibition and sale on Saturday, 20 May at The Kingsbury Apartments on Bagatale Road. New additions to the label’s Elegance Collection introduced in...
View ArticleFirst Capital records Rs. 231 Mn PAT 2016/17
First Capital Holdings PLC, a full service investment bank providing a diverse range of advisory services and financial products through its subsidiaries, (First Capital Group) reported a consolidated...
View ArticleJanashakthi records Double Digit Growth in Premiums in Q1 2017
Janashakthi Insurance PLC (Janashakthi) reported a 14% Year on Year (YoY) growth in consolidated Gross Written Premium (GWP) which stood at Rs.3.789 billion for the three month period ended 31st March...
View ArticleArchitect Suzette Whehella visits Meubel House to share tips for living...
With real estate in Colombo steadily rising in value, contemporary homes are becoming smaller and professional advice on how to enhance a space proves valuable and cost-effective for homeowners. During...
View ArticleSri Lanka president switches foreign, finance ministers in reshuffle
Reuters – Sri Lankan President Maithripala Sirisena switched the foreign and finance ministers in a major cabinet reshuffle on Monday. Managala Samaraweera, who has been foreign minister since January...
View ArticleIndia should remove non-trade barriers on Sri Lankan products: Official
India should remove non-tariff barriers on Sri Lankan imports and the proposed Economic and Technology Cooperation Agreement between the two nations should be implemented in phases, said a top official...
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Envisioning the future of Port City Colombo
The world’s top design firms compete to redefine urban plans for Port City Colombo’s Financial District and the Marina The International Urban Design Idea Competition, an effort conceived and...
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