Financial News -Date: 21.12.2017
BusinessTags: Print EditionFriday, December 22, 2017 - 01:00
View ArticleInt’l community speaks highly of China’s efforts to promote high-quality...
BusinessTags: Print EditionEconomists and scholars are praising China’s commitment to encourage high-quality development, as the Central Economic Work Conference that concluded here Wednesday outlined...
View ArticleChance Sports wins at Sramamibhani awards
BusinessTags: Print EditionThe Chance Sports of Borella the leader in the Sports Wear was rewarded at the annual Sramamibhani Award Ceremony held at BMICH. This award was given for their continuous...
View ArticleSingapore Airlines launches daily to Cape Town
BusinessTags: Print EditionSingapore Airlines (SIA) will be increasing flight frequency to Cape Town, South Africa, to meet growing travel demand.Cape Town will be served with a daily flight via...
View ArticleFitch upgrades DFCC Bank’s rating outlook from ‘Negative’ to ‘Stable’
BusinessDFCC Head Office Tags: Print EditionFitch Ratings have revised DFCC’s outlook for both its International and National Long Term Ratings to ‘Stable’ from ‘Negative’ while affirming the ratings...
View ArticleNovustech Transact invests Rs 1.5 bn on ATMS, POSS machines
BusinessShirajiv SirimaneTags: Print EditionNovustech Transact Lanka (Pvt) Ltd have invested over Rs. 1.5 billion in 2017 and 2018 to install ATMS and wireless POSS machines in Sri Lanka.Senior Vice...
View ArticleInflation down from October
BusinessTags: Print EditionThe overall rate of inflation as measured by NCPI on year on year basis is 8.4% in November 2017 and inflation calculated for October 2017 was 8.8% .YoY inflation of food...
View ArticleFive star hotels light up for Christmas
BusinessTags: Print EditionFive star hotels light up for Christmas: Taj Samudra; The Kingsbury; Hilton Colombo, Cinnamon Grand and Cinnamon Lakeside. Daily News Business will also take a break for...
View ArticleOver 600 locations under free public Wi-Fi
BusinessIndunil HewageKanchana ThudugalaTags: Print EditionThe Information and Communication Technology Agency of Sri Lanka (ICTA) stated that some 600 locations has been connected under the initial...
View ArticleFitch affirms 9 local banks
BusinessTags: Print EditionFitch Ratings has affirmed the National Long-Term Ratings of the following banks: - NSB at ‘AAA(lka)’; Outlook Stable. BOC at ‘AA+(lka)’; Outlook Stable. DFCC at ‘AA-(lka)’;...
View ArticleAI may add $957 bn to Indian Economy: Accenture
BusinessTags: Print EditionResearch paper released on Thursday by tech giant Accenture revealed that artificial intelligence (AI) could add 957 billion dollar to the Indian economy by changing the...
View ArticleInterest rates intact
BusinessIndunil HewageCentral Bank Governor Dr Indrajit Coomaraswamy speaks at the media conference to announce the eighth monetary policy review. Senior Deputy Governor Nandalal Weerasinghe looks on....
View ArticleLCI acquires enterprise solutions business of MillenniumIT
BusinessMurali PrakashTags: Print EditionIn a strategic move to diversify into the IT solutions domain, Lanka Century Investments PLC.(LCI), a conglomerate reputed for its market dominance in...
View ArticleSunshine ups stake in EMS to 60%
BusinessGovindasamyTags: Print EditionSunshine Holdings PLC announced that it would be further consolidating its stake in Estate Management Services Limited (EMS), the holding company for Watawala...
View ArticleSLT to issue Rs. 5 bn debentures
BusinessTags: Print EditionSri Lanka Telecom PLC (SLT), a blue-chip company and a dominant player in the Sri Lankan Telecom and Information Technology Enabled Services (ITES) space, announced today...
View ArticleCB refutes media reports of ‘cover up’ over CIFL
BusinessIndunil HewageTags: Print EditionCentral Bank (CB) Governor Dr Indrajit Coomaraswamy yesterday emphasized that the CB was still looking for a credible investor with proof of funds to bail out...
View ArticleRaigam Group looking at listing
Diversifying to the tourism sectorBusinessShirajiv SirimaneChairman Dr. Ravi Liyanage, CEO Ganaka Amarasinghe and Director Dr. Sampath Amaratunga at the media conference. Picture by Thushara Fernando...
View ArticleFairfirst Insurance partners with All-Island School Children Transport...
BusinessSome of the Fairfirst Insurance and All-Island School Children Transport Association officials at the eventTags: Print EditionFairfirst Insurance's latest partnership was with the All-Island...
View ArticleLeo Burnett bids farewell to MD, Ranil de Silva
Arosha Perera takes up the leadership mantle as CEO of Leo BurnettBusinessJude Benedict, Director Broadcast and Photography Production, Kumudini Gomes, Head of People and Culture, Selonica Perumal,...
View ArticleMalaysian PM watches a demonstration of the Finger Reader
BusinessTags: Print EditionMalaysian Prime Minister Dato' Sri Mohd Najib bin Tun Abdul Razak watches a demonstration of the Finger Reader at The Dialog Iconic in Colombo, during his recent state visit...
View Article