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Ron Kaufman in Sri Lanka – An unprecedented success
300 CEOs and 1,000 Professionals captivated by the Service Guru’s philosophy The SLIM, national body for marketing in Sri Lanka, notched yet another highly successful delivery of its mandate of...
View ArticleSri Lankan shares fall for 4th straight week, end below 6,500
Reuters – Sri Lankan shares fell to a more than three-and-a-half month low and breached the psychological level of 6,500 points on Friday, dragged down by diversified and beverage shares. The market...
View ArticleConcessions on Loans Granted to Flood Affected Borrowers
The Central Bank of Sri Lanka has permitted licensed banks to grant concessions to their borrowers who have been affected by the recent floods, adverse weather conditions and connected circumstances...
View ArticleFitch Upgrades Sri Lanka Insurance Corp’s National Ratings
Fitch Ratings has upgraded Sri Lanka Insurance Corporation Limited’s (SLIC) National Insurer Financial Strength (IFS) rating and National Long-Term Rating to ‘AA+(lka)’ from ‘AA(lka)’ and assigned a...
View ArticleIn India, diesel cars killing air: Study
NEW DELHI: An international study, testing on-road emissions of passenger cars in India, says a diesel SUV may be emitting 25 to 65 times more oxides of nitrogen (NOx) than a small petrol car. On-road...
View Article40000 Lankan arts & craft with Laksala now
A whopping 40000 local arts and crafts are now networked with Sri Lanka’s apex market facilitator that promotes the country’s historic arts and crafts legacy. This facilitator brand has also returned...
View ArticleCSE – CSBA presents investment research to Local Institutional Investors
The Colombo Stock Exchange (CSE) in association with the Colombo Stock Brokers Association (CSBA) recently launched a series of events presenting investment research on companies featured on the...
View ArticlePerformance Budget: Finance Ministry needs proposals with output targets
As the Budget 2018 will be prepared on the Performance basis, all the proposals by the line ministries, provincial ministries and the heads of departments should clearly indicate the details of the...
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Prestige Automobile introduces the futuristic BMW G30 5 series plug-in hybrid...
The all new BMW 5 series plug-in hybrid was unveiled to the Lankan market by Prestige Automobile Pvt. Ltd., the sole authorised importer and distributor of BMW, MINI and Hyundai vehicles in Sri Lanka,...
View ArticleWild Stone’s Scratch and Win Competition to Give Away a Royal Enfield...
Wild Stone, a renowned brand of men’s body deodorant recently introduced to Sri Lankan market by American Remedies, announced the launch of a special promotion for consumers at an event held in...
View ArticleCommercial Bank gains further impetus with strong Q2 performance
Loan book grows to Rs 686 billion; deposits to Rs 800 billion Gross income improves by 28.84% to Rs 55.319 billion VAT & NBT up 51.21% over 1H 2016 Accelerated growth in the second quarter has...
View ArticleAWS achievement unlocked – Mitra Innovation now an AWS Standard Consulting...
Sri Lankan/UK based company Mitra Innovation – specialising in Cloud integration, digital transformation, and product incubation – has become a Standard Consulting Partner for Amazon Web Services...
View ArticleAmãna Bank Rights Issue infuses USD 22 Mn FDI to the country
Amãna Bank’s recently concluded 1 for 1 Rights Issue brought in Foreign Direct Investments valued at over USD 22 million to the country. The Rights Issue which was oversubscribed increased the Bank’s...
View ArticleHNB partners up as lead banker to Sri Lanka’s first waste-to-energy plant
HNB announced a timely partnership with Aitken Spence PLC to serve as lead arranger to a syndicated loan facility for the construction of a revolutionary 10 Megawatt (MW) waste-to-energy power plant....
View ArticleJB Vantage bags Gold again for best Unit Trust at CFA Capital Market Awards
JB Vantage Money Market Fund, part of the JB Financial portfolio, won gold for Best Unit Trust for the second consecutive year at the recently held CFA Capital Markets Awards 2017. The ‘Best Unit...
View ArticleZesta partners Eat Street CMB 2017 as Title Sponsor
Zesta, Sri Lanka’s premium tea brand by Watawala Tea Ceylon Limited (WTCL), has stepped forward as title sponsor of Eat Street CMB 2017, a family-friendly open-air food festival. Organized by Share...
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JKOA rewards outstanding dealers
Sri Lanka’s leader in office automation and a fully-owned subsidiary of John Keells Holdings PLC, John Keells Office Automation (JKOA) took pride in rewarding its dealers who made outstanding...
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Emirates One-Off A380 Lands in Colombo
An Emirates A380 aircraft landed at Bandaranaike International Airport (BIA) Katunayake today, helping Sri Lanka and the airport achieve an aviation milestone. Sri Lanka’s Minister of Transport &...
View ArticleSri Lankan shares hit 4-mth low as corporate results disappoint
Reuters – Sri Lankan shares fell to a near four-month low on Monday, sliding further from the 6,500 point level, as disappointing June-quarter corporate results dented sentiment. The stock market...
View ArticleHNB Group records Rs 13.4 Bn in profit before taxes
~ Group PAT Rs 7.5 Bn ~ Bank PBT exceeds Rs 10 Bn HNB Group recorded a profit before VAT and Tax of Rs 13.4 Bn for the first six months of 2017 posting a year on year (yoy) growth of 13.8% while the...
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