COMBANK sets new digital banking record with Rs 663 bn.in transactions in 2017
A whopping Rs 662.95 Billion was transacted through digital banking channels alone, by customers of the Commercial Bank of Ceylon in 2017. This is the highest value the Bank has handled digitally in a...
View ArticleClik here to view.
Sampath Bank Becomes First Bank to Accept Alipay Payments in Sri Lanka
Local Merchants Can Now Tap Into Incoming Chinese Tourists and Their Spending Power Sampath Bank, one of Sri Lanka’s most innovative banks, has become the first bank in the country to partner with...
View ArticleCTC’s Financial Performance In 2017 Indicates A LKR 18 Billion Dip In...
2017 sees only a marginal increase in cigarette excise revenue – total revenue stood at LKR 117.3 bn compared to target of LKR 135 bn Smuggled cigarettes booming – 450 mn cigarettes entered illegally...
View ArticlePiramal Glass Ceylon declares its Q3 Financials with Turnover of over Rs. 5...
For the nine months ended 31st Dec,2017 the overall turnover was on par with the previous year’s sales of Rs.5 Billion mark. The domestic sale for the period was Rs. 3,375 Million as against the...
View ArticleTea industry stakeholders unite to call for lifting of glyphosate ban or...
Cites substantial recent EPA study, growing body of scientific evidence showing no ill effects to human health Warns of crop losses upto Rs. 20 billion per annum, increased loss to smallholders Calls...
View ArticleJAT Holdings reiterates commitment to sustainability with multitude of projects
In an effort to further reiterate its strong commitment to being a responsible corporate citizen,JAT Holdings carried out several Corporate Sustainability related projects throughout 2017. The projects...
View ArticleHNB recognized for innovation in microfinance at IFM Awards 2017
Extending a winning legacy that spans over 29 years in the field, HNB won the award for Most Innovative Microfinance Bank in Sri Lanka at the recently concluded International Finance Magazine Awards...
View ArticleSri Lankan stocks fall on political uncertainty after local polls
Reuters – Sri Lankan shares fell for a second straight session on Wednesday as political uncertainty after a defeat of the two ruling coalition parties in a local poll hurt investor sentiment. The...
View ArticleClik here to view.
Policy rates unchanged
Considering the recent developments in the domestic and international macroeconomic environment, the Monetary Board, at its meeting held on 14 February 2018, was of the view that the current monetary...
View ArticleCommission on Srilakan Air lines, Sri Lankan catering and Mihin Air named
The members of commission to inquire and report the malpractices in Sri Lankan airlines, Mihin Air Ltd, Sri Lankan catering Ltd, during the period of 6th of January 2016 to 31 of January 2018 were...
View ArticleSinger records over Rs. 1bn worth sales of Huawei smartphones in three...
nova2i tops Rs. 1bn sales within 2 months Singer Sri Lanka, the exclusive national distributor for Huawei smartphones has successfully recorded over 1 billion worth of Huawei smartphones across Sri...
View ArticlePan Asia Bank’s suspension as Primary Dealer extended
The Monetary Board of the Central Bank of Sri Lanka on 14th February 2018, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills...
View ArticleEnvisioning a path to a more inclusive, affordable Sri Lankan healthcare system
Sri Lanka has witnessed unprecedented growth and development over the recent past as evidenced by rising income levels which stood at US$ 3,759.20 by the end of 2017. While the economic impacts of this...
View ArticleClik here to view.
Sunquick consumers Drink & Win Again
One of the most anticipated consumer promotions in the island, ‘Sunquick Drink & Win’ recently concluded yet another successful segment. With valuable gifts being awarded every year, the campaign...
View ArticleClik here to view.
Colombo Coffee Company opens Sri Lanka’s first dedicated coffee store
The flag carrier for Lavazza Coffee and the only total coffee solutions provider in Sri Lanka, Colombo Coffee Company (CCC) recently opened doors to Sri Lanka’s first dedicated coffee store. The...
View ArticleHayleys posts strong nine-month topline growth, turnover up 37% YoY to 112.3 Bn
Strong top line performances across the Hayleys Group and the addition of recent strategic acquisitions resulted in a 37% YoY increase in turnover upto Rs. 112.3 billion during the nine months to 31st...
View ArticleClik here to view.
Food, drinks & music combine at the Waters Edge Brew & Grub Fest
Nothing brings people together more like a combination of good food, drinks and music. Colombo’s entertainment hub Waters Edge is combining their culinary expertise with some of the best bands in the...
View ArticleMobitel named Fastest Mobile Network in Sri Lanka by Ookla
Ookla® has declared the National Mobile Service Provider, Mobitel, its Speedtest Award Winner for having the Fastest Mobile Network in Sri Lanka. Speedtest Awards are licensed to Internet Service...
View ArticleClik here to view.
CHINT – On a quest to empower Sri Lanka
A renowned world-class player in the energy industry, CHINT is committed to providing secure, reliable and high quality domestic and industrial electrical switchgear and equipment across the country. A...
View ArticleSri Lankan stocks end higher on retail buying
Reuters – Sri Lankan shares recovered on Thursday, following two straight sessions of losses, on retail buying after the central bank held key policy rates steady amid signs political uncertainty was...
View Article