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BRJW Enterprises partners LB Finance
BusinessAinsley Motha DGM Credit and Branch operatins LB Finance signing the MoUTags: Print EditionLB Finance PLC signed a Memorandum of Understanding (MoU) with BRJW Enterprises (Pvt) Ltd to offer...
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Ideal Motors opens spare parts store in Panchikawatte
BusinessNalin Welgama, Chairman Ideal Group conducts the first transaction at the newly opened Ideal Motors Spare Parts Store in Panchikawatte with Jagath Jayasinghe, Lumina MotorsTags: Print...
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Zuzi celebrates 4th anniversary
BusinessTags: Print Edition Zuzi Kotahena branch which was opened on October 18 2014, celebrates its 4th anniversary. In view of their anniversary, the management of Zuzi Kotahena branch offers a...
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Chambers hail appointment of Mahinda Rajapaksa as FM
BusinessShirajiv SirimaneTags: Print EditionThe appointment of Mahinda Rajapaksa as Prime Minister and Finance Minister (FM) is being hailed by chambers which believe it would have a positive impact to...
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Pan Asia Bank surpasses Rs 1 bn PAT milestone
BusinessChairman, G.Prassanna and CEO, Nimal TillekeratneTags: Print EditionPan Asia Banking Corporation PLC, reported its best ever profit recorded for a nine month stretch anchored by solid growth in...
View ArticleTeejay Group posts Rs 425 mn PAT in 2Q
BusinessTags: Print EditionTeejay Group continued its revenue and net profit growth for the fourth consecutive quarter recording revenue of Rs 7.6 billion, 25%, YoY growth and net profit of Rs 425...
View ArticleGovt should not burden people with taxes - PM
BusinessTags: Print EditionPrime Minister Mahinda Rajapaksa stressed that the government should not burden people when collecting taxes. Stressing the need to simplify the taxes, he said that it is the...
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Market Statistics on 31.10.2018
BusinessTags: Print EditionThursday, November 1, 2018 - 01:00
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Coconut Products – Prices on 31.10.2018
BusinessTags: Print EditionThursday, November 1, 2018 - 01:00
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Amãna Bank’s 9 month PAT grows by 61%
BusinessTags: Print EditionAmãna Bank continued its strong profit momentum for the year as its Profit After Tax for the 9 months ending 30 September grew significantly by 61% YoY to reach Rs 429.9...
View ArticleMattakelle Tea Estate RECeives record PRICE
BusinessTags: Print Edition“Mattakelle Tea Estate” one of Sri Lanka’s premier Garden marks specializing in producing high quality teas reached another milestone by fetching a record price of Rs.1,100/-...
View ArticleDFCC Performs Creditably Despite Headwinds
Year on Year growth of 17% in total assetsBusinessTags: Print EditionDFCC Bank, the largest entity within the group recorded an increase in Profit before tax and Profit after tax of 11% and 1%...
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Stock Market rises sharply by 2.7%; crosses 6,000 bar
BusinessTags: Print EditionEuphoric by the early announcement of reconvene the Parliament on November 5, ahead of the prorogued November 16, the Stock Market rose sharply by 2.70% and crossed the 6,000...
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Lanka advances to 100th position in Doing Business 2019 index
BusinessTags: Print EditionSri Lanka advanced 11 positions to reach the 100th position in Doing Business 2019 index with an Ease of Doing Business score of 61.22. Sri Lanka’s score improved 1.80 on the...
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‘SL has potential to be leading wellness tourism destination’
BusinessIndunil HewageTags: Print EditionSri Lanka could emerge as a leading destination for wellness tourism in the world with the enthusiasm for Ayurveda and wellness products and services among...
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Wijewardene appointed Singer CEO
BusinessTags: Print EditionMahesh H. Wijewardene has been appointed as an Executive Director and Chief Executive Officer of Singer (Sri Lanka) PLC with effect from November 1, 2018.Wijewardene holds a...
View ArticleCIC Grains sells property in Moneragala
BusinessTags: Print EditionCIC Grains (Private) Limited has sold its land, building, plant and machinery located in Moneragala to Fortune Agro Industries (Private) Limited and Windsor Real Estate Ltd...
View ArticleGovt makes pre-funding arrangements for meeting maturing ISB obligations
BusinessTags: Print EditionThe Government of Sri Lanka (GOSL) has been issuing International Sovereign Bonds (ISBs) since 2007. GOSL has maintained an unblemished record on servicing of its debt...
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Nations Trust Bank records resilient performance
BusinessChairman, Krishan Balendra & CEO, Renuka FernandoTags: Print EditionNations Trust Bank closed the nine months ending September 30, 2018 with a post-tax profit of Rs.2, 918 million with...
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