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Expolanka Q1 Revenue Hits 25% YoY up to Rs. 19.8 bn

BusinessTags: Print EditionExpolanka Holdings PLC announced an impressive first quarter results, aligned with its ambitious plan to further accelerate the company’s growth momentum in the...

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PRIME FINANCE musters Rs 864 mn capital by way of rights issue

BusinessTags: Print EditionThe fully subscribed rights issue of Prime Finance PLC has raised Rs. 864 million capital in cash considerations.The allotment was completed in July 2018. With this...

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TKS Finance calls for Rs 109 mn rights issue

BusinessTags: Print EditionTKS Finance Limited is proposing a rights issue of 1:7 to raise a total of Rs109 million to increase the stated capital of the company to Rs1 billion.The current stated...

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SLI secures AA+ (lka) Fitch Ratings again

BusinessTags: Print EditionSri Lanka Insurance, the leading state insurance company was once again affirmed by Fitch Ratings at ‘AA+ (lka)’, for the company’s long-term financial sustainability. Sri...

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SLAITO educates travel industry on GDPR

Businesspanel discussion at the eventTags: Print EditionSri Lanka Association of Inbound Tour Operators (SLAITO) in collaboration with SecurMatic.com organised a GDPR awareness summit to all its...

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SL Ports Authority, SL Customs discuss industry issues

BusinessChairman of SLPA, Dr.Parakrama Dissanayake and the Director General of Sri Lanka Customs (SLC) P. S. M. Charles at the meeting.Tags: Print EditionA land mark joint meeting to discuss a number...

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Mandarina Colombo wins Best Hotel Development Award

BusinessDirector and CEO of Macksons Properties, Ranga Goonawardena receiving the Best Hotel Development Award along with Project Architect Thusitha Illangamage at Asia Property Awards 2018.Tags: Print...

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Hotel Show Colombo concludes

BusinessWinners of Ceylon Tea Masters Cup: First Place, Yasarathna Bandara Habarana Village by Cinnamon, Second place: Panchali Mandakini Heritance Kandalama, Third place: M. A. Marlon Dulanga Perera –...

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Cinnamon Life presents musical Mamma Mia first in South Asia

BusinessTags: Print EditionLondon’s West end stage play will go on sale July 25 at cinnamonboxoffice.comThe sensational feel-good musical MAMMA MIA will come to the Nelum Pokuna Mahinda Rajapaksa...

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Market Statistics on 02-08-2018

BusinessTags: Print EditionFriday, August 3, 2018 - 01:00

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Coconut Products – Prices on 02-08-2018

BusinessTags: Print EditionFriday, August 3, 2018 - 01:00

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Exchange Rates on 02-08-2018

BusinessTags: Print EditionFriday, August 3, 2018 - 01:00

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Financial News on 02-08-2018

BusinessTags: Print EditionFriday, August 3, 2018 - 01:00

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CB maintains policy interest rates at current levels

BusinessTags: Print Edition The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on August 2, 2018, decided to maintain policy interest rates at their current levels.Accordingly,...

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Sri Lanka secures US$1 bn Chinese loan

BusinessThe huge port under construction in Colombo straddles the world’s busiest east-west shipping route. AFPTags: Print EditionSri Lanka’s central bank on Friday (Aug 3) announced it had secured a...

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De La Rue injects further Rs 2 bn FDI to upgrade local plant

BusinessThe De La Rue Lanka plant in Biyagama Tags: Print EditionDe La Rue, the leading global identity and currency printing business which first entered into a Joint Venture (JV) with the Government...

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CMTA wants dialogue to ensure growth of motor industry

BusinessTags: Print EditionThe Ceylon Motor Traders Association (CMTA), one of the most senior automotive trade associations in the region established in 1920, issuing a communiqué calls for a dialogue...

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Colombo has potential to be the International Maritime Centre - Aden Wong

BusinessAnanda KannangaraAden WongTags: Print EditionColombo has all necessary potentials to be the service centric, International Maritime Centre for the Asian Region by developing segments such as...

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Vice Minister of Communist Party of China Visits Pathfinder Foundation

BusinessGuo Yezhou, Vice Minister, International Department of the Communist Party of China (CPC), welcomed by Milinda Moragoda, Founder of Pathfinder FoundationTags: Print EditionVice Minister...

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Charter Installation Ceremony of ‘LB toastmasters Club’ held

BusinessMembers of the LB Toastmasters Club along with other membersTags: Print EditionThe “Charter Installation Ceremony” of LB Toastmasters club was held at the LB Finance Corporate Office Auditorium...

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