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HNB Group records Rs 7.2 Bn PBT in Q1

BusinessTags: Print EditionHNB posted a strong start to 2018 with first quarter PAT growing by 22.5% to Rs 4.5 billion, while the Group reported a PAT of Rs 5 billion which is a 24% growth from last...

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Hand-loom weaver is displaying her skills at a leading internationally famous...

BusinessTags: Print EditionThe Sri Lankan weaving industry dates back thousands of years and even today Sri Lankan hand-loom products portray the rich heritage and cultural diversity in its designs and...

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Lahiru Pathmalal, Adil Mansoor join board of Lankan Angel Network

Business Adil Mansoor & Lahiru PathmalalTags: Print EditionLankan Angel Network (LAN) which is Sri Lanka’s largest network of business professionals and experienced entrepreneurs who actively seek...

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Top Harvard Professor to speak ‘Future of Business, Innovation in Action...

BusinessProfessor Ricardo Hausmann Tags: Print EditionWorld renowned and leading academic in development economics, Professor Ricardo Hausmann will share his insights on innovation from a global...

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Singapore’s GIC buys S$37 mn stake

BusinessTags: Print EditionSingapore’s sovereign wealth fund GIC is investing 100 million (S$36.9 million) in Brazilian gym chain Smartfit Escola de Ginastica e Danca SA, Smartfit said in a securities...

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‘FTAs, proposed trade agreements, a boost for business relocation’

BusinessThe Altair Project, a residential and commercial development under construction at Colombo 2, at 68 stories and 240 meters, will be one of the tallest buildings in Colombo when it is completed....

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ComBank deposits surpass Rs 900 bn

BusinessDharma Dheerasinghe and Jegan DurairatnamTags: Print EditionCommercial Bank of Ceylon PLC has reported profit before VAT and NBT of Rs 7.677 billion and profit before tax of Rs 6.337 billion...

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Singer first quarter revenue increases by 13%

BusinessMohan Pandithage, Chairman and Co-Chairman Dhammika PereraTags: Print EditionSinger (Sri Lanka) PLC announced today its results for the quarter ended March 31, 2018.The results showed an...

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Moody’s ICRA LANKA upgrades Vallibel Finance rating

BusinessTags: Print EditionICRA Lanka, a rating agency belonging to the Moody’s has upgraded the rating of Vallibel Finance PLC to [SL] BBB with a stable rating from the previous [SL] BBB-. Announcing...

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AIA declares strong 9.63% dividend

BusinessTags: Print EditionAIA Sri Lanka has declared another year of consistent policyholder dividend rate, with the declared dividend of 9.63%.AIA Sri Lanka CEO Pankaj Banerjee added, “Our continued...

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Allianz Group invests US$ 96.6 mn in global insurance business

BusinessOliver Bäte, CEO of Allianz SETags: Print EditionThe Allianz Group one of the world’s leading insurers and asset managers who operates Allianz Insurance Lanka Limited in Sri Lanka has invested...

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AISEX concludes successfully

BusinessTags: Print EditionThe Apparel Industry Suppliers Exhibition (AISEX) and the Fabric & Accessories Suppliers Exhibition (FASE) concluded last Saturday at the Sirimavo Bandaranaike Memorial...

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CIOB, NCCSL hosts Construction Leadership Forum

BusinessHighlights from the forumTags: Print EditionThe Construction Leadership Forum jointly organized by National Construction Association of Sri Lanka (NCCSL), Ceylon Institute of Builders (CIOB),...

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Market Statistics on 15-05-2018

BusinessTags: Print EditionWednesday, May 16, 2018 - 01:00

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Coconut Products – Prices on 15-05-2018

BusinessTags: Print EditionWednesday, May 16, 2018 - 01:00

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Financial News on 15-05-2018

BusinessTags: Print EditionWednesday, May 16, 2018 - 01:00

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Exchange Rates on 15-05-2018

BusinessTags: Print EditionWednesday, May 16, 2018 - 01:00

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SELMO signs with Saudi Export Program to import products

BusinessAnton Hemantha, Managing Director of SELMO Pvt. Ltd and Ahmed Al Ghannam, Director General of the Saudi Export Program exchanging the agreement in the presence of Sri Lanka’s Ambassador to...

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WCIC launches ‘The Woman Entrepreneur of Year 2017’

BusinessRenuka Fernando, Co-chair - Woman Entrepreneur Awards Committe, Chathuri Ranasinghe, Chairperson - WCIC, Indrani Fernando, First Vice Chairperson, Kumari H. Perera, Co-chair - Woman...

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LG LAUNCHES INNOVATIVE DIGITAL SIGNAGE TECHNOLOGY AT LG GRAND TECH SEMINAR

BusinessTags: Print EditionFor the first time ever in Sri Lanka, LG released the progressive new lineup of digital signage solutions on May 16, 2018.The launch took place at the LG Grand Tech Seminar,...

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