DFCC Bank in strong half year performance
The DFCC Group reported an excellent half year performance for 2017, with DFCC Bank leading the charge on the back of its strategic growth drive as a rapidly emerging full service commercial bank....
View ArticleBusiness Role Model honors for Cotton Collection’s Niloufer Anverally
Niloufer Esufally Anverally, Founder/Managing Director of fashion retail icon Cotton Collection, was honored as Business Role Model of the Year 2017 at the recent ‘Top 50’ Professional & Career...
View ArticleSri Lanka’s Vehicle Population topped 6.8 million in 2016
Sri Lanka has reached a 6.8 million motor vehicle population in 2016, an 8 per cent increase from 6.3 million registered in 2015 according to the latest edition of an annual report on the country’s...
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Virtusa defends championship title at the national level Mercantile eSports...
For the second consecutive year, Virtusa became the champions of the Mercantile eSports Championship – powered by Dialog Gaming, held recently at Trace-Expert City. The championship open exclusively to...
View ArticleThe Outlet Store rolls out summer shopping week spree
The Outlet Store, Sri Lanka’s latest addition to the fastest growing retail fashion sector which opened its doors for an exclusive family shopping experience, rolled out a fabulous shopping week spree...
View ArticleRole of Chrysotile fibre cement in Sri Lanka’s roofing industry
Shelter is one of the basic necessities discovered by humans as early as the prehistoric times. The earliest shelters were built using stones, clay and sundried bricks and later materials like timber,...
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Australian purchases in the stock market hits an all-time high
Foreign inflows to the stock market originating from Australia indicate a figure of Rs. 626.4 million year-to-date, which is an all-time record for foreign purchases from Australia in a calendar year....
View ArticleAmana Bank almost triples 1H Profits. Q2 profits soar by 376%
Amãna Bank ended an exceptional first half as the Bank’s Profit After Tax for the period almost tripled to Rs 151.7 million from Rs 56.1 million achieved in the corresponding period of 2016. Profit...
View ArticleDipped Products posts Rs.7.5 billion turnover
Dipped Products Group posted Rs. 7.5 billion turnover during the quarter ended 30th June 2017, 37 percent increase from a year ago. Group Profit before Tax (PBT) for quarter improved to Rs. 93 million....
View ArticleAdverse weather affects Hayleys Fabric Q1 performance
A pioneer in the knitted fabric industry saw its performance taking an unexpected turn due to the recent floods that occurred in the month of May. The Hayleys Fabric production facility was forced to...
View ArticleSeylan Group shows strong 1H performance with 32% growth
~ Bank maintains moderate growth of PAT despite prudential impairment provision for legacy NPAs Seylan Bank and its Group reported a strong growth momentum with its performance for the six months ended...
View ArticleSTAX sees huge opportunities for Sri Lankan companies in Africa
As a company engaged in facilitating market entry for corporates as well as global investors, global strategy consulting firm STAX Inc is seeing renewed interest in African countries as of late. Stax...
View ArticleVeteran stories from 150 years of Pure Ceylon Tea: Jayantissa Ratwatte
Having travelled the plantations extensively with some of his kinsmen who were already in the tea industry as a school boy during the 1950s, Jayantissa Ratwatte was a frequent visitor to the island’s...
View ArticleMastercard invites cardholders to explore the world with Emirates
Mastercard announced its partnership with Emirates to offer additional savings on economy and business class tickets. Cardholders can avail a discount of up to 8% on return economy fares and up to 10%...
View ArticleSri Lanka’s One Verge Holdings renews partnership with India’s Apalya...
~ Apalya is one of most wide-spread Video Streaming & OTT specialists in the region One of Sri Lanka’s second generation digital companies – One Verge Holdings (Pvt) Ltd recently renewed its’...
View ArticleHNB takes top honours at CMA Integrated Reporting Awards 2017
Sri Lanka’s best performing private sector commercial bank, HNB, won significant recognition at the recently concluded Excellence in Integrated Reporting Awards 2017, winning an award for the Ten Best...
View ArticleGrowing with potential and prospect for sustainability: Sampath Bank...
Sampath Bank further extended its growth momentum in the 2nd quarter of the year and recorded a post-tax profit of Rs 5.7 Bn for the six months ended 30th June 2017. This registered an impressive 35.1%...
View ArticleVista Rooms on how to make boutique properties stand out in a crowded...
Sri Lanka is witnessing a surge in tourism that has the potential to make it one of the most popular tourist destinations in the world. The country attracted over 2 million tourists in 2016, generating...
View ArticleGrow your balance with Amãna Bank Children’s Saving Account
Amãna Bank, pioneers of the non-interest based banking model in Sri Lanka, has once again launched an attractive program to all its Children’s Savings Account Holders and Potential Account Holders,...
View ArticleACL Cables wins Master Brand Status proving its market dominance yet again
Sri Lanka’s No. 1 cable manufacturer in Sri Lanka, ACL Cables PLC achieved the prestigious Master Brand status for 2017, conferred by Chief Marketing Officers (CMO) Asia in partnership with the World...
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