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LVL Energy Fund to raise Rs 1.2 bn via IPO
BusinessIndunil HewageRay Abeywardena - Managing Director, Acuity Partners (Private) Limited, Sumith Arangala, Chief Executive Officer, LVL Energy Fund, Kanthimany Maheshwaran - Chief Executive...
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Sri Lanka must protect national carrier from anti-competitive behaviour -...
BusinessWalter WuthmannMinister Nimal Siripala De Silva presenting a token to Director, ICAO, Boubacar Djibo. Deputy Minister of Transport & Civil Aviation Ashok Abeysinghe look on.Tags: Print...
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UAE upbeat on trade prospects with Lanka
BusinessPresident Maithripala Sirisena with Minister Rishad Bathiudeen and Ambassador of UAE Abdulhamid Abdulfattah Kazim Al- Mulla. Picture by Sulochana GamageTags: Print EditionThe two countries have...
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Walkers Colombo Shipyard secures US$ 4 mn from ADB
BusinessThe agreement being signed between Christopher Thieme, Deputy Director General, Private Sector Operations Department of Asian Development Bank and Jehan Amaratunga, Executive Deputy Chairman of...
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Ceylinco Life’s 9-month PBT up 53% to Rs 2.5 bn
BusinessTags: Print EditionCeylinco Life has reported exceptionally strong profit growth for the nine months ending 30th September 2017, with pre-tax profit up 53 per cent to Rs 2.5 billion and net...
View Article‘Country’s aviation policy must be further liberalized’
BusinessWalter WuthmannTags: Print EditionSri Lanka’s aviation policy must be further liberalized to promote tourism, Sri Lanka Tourism Promotions Bureau Chairman Udaya Nanayakkara said Monday.Speaking...
View ArticleLB Finance debentures oversubscribed
BusinessTags: Print EditionThe debenture issue of L B Finance PLC to raise Rs. 3 billion has been over-subscribed, the company said in a stock exchange filing.The basis of allotment of debentures will...
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Pathfinder Foundation’s Centre for Indo-Lanka Initiatives moves to Peliyagoda
BusinessAdmiral Dr. Jayanath Colombage, Director CILI, ceremonially declared open the center. Milinda Moragoda, founder of the Pathfinder Foundation, is also present.Tags: Print EditionPathfinder...
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Opening of Lak Jaya Head Office in Pannipitiya
BusinessTags: Print EditionLak Jaya Micro Finance Limited opened its head office at High Level Road, Pannipitiya recently.Keerthi Wijetunga, Director, Department of Supervision of Micro Finance...
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ICAN air transport confab opens in Colombo
BusinessTags: Print EditionThe 10th ICAN (ICAO Air Services Management Negotiation Event) conference began in Colombo yesterday and will conclude on November 8 at the Hilton Colombo.Around 500...
View ArticleAccenture files lawsuit on similar trademark
BusinessTags: Print EditionAccenture Global Services Limited filed a plaint alleging trademark infringement, trademark dilution, and unfair competition and passing off, in the Commercial High Court of...
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World’s shipping giant backs SL liberalisation
Business Minister Rishad Bathiudeen , Peter Taksoe-Jensen, Denmark’s Ambassador to Sri Lanka and visiting AP MOLLER-MAERSK’s Senior Director South Asia, Julian Michael BevisTags: Print Edition Danish...
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Lanka’s computer literacy very high among those well-versed in English
BusinessTags: Print EditionThe computer literacy rate among those in the age group of 5-69 in Sri Lanka has been estimated as 28.3%.The urban sector reported the highest computer literacy rate of 41%...
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Sri Lanka Insurance records Rs 9.5 bn PAT
BusinessTags: Print EditionSri Lanka Insurance has reported a remarkable performance for the period ending September 30, 2017.Announcing its excellent third quarter performance for 2017, SLI Chairman...
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CB to take legal action against finance company fraudsters
BusinessTags: Print EditionThe Monetary Board of the Central Bank of Sri Lanka (CBSL) on November 6 decided to issue a notice of cancellation of the licence issued to Central Investments and Finance...
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Jetwing Symphony to raise over Rs 753 mn through IPO
BusinessIndunil HewageJetwing Hotels Chairman, Hiran Cooray and other officials at the event. Picture byChaminda NiroshanaTags: Print EditionJetwing Symphony Limited (JSL) the investment arm of the...
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Morison ventures into Myanmar
BusinessTags: Print Edition Morison PLC, a subsidiary of Hemas Holdings PLC, announced its first steps into regional shores with the distribution of its baby diaper brand, ‘Bunnies’ in Myanmar.The...
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Epic Technology Group partners with Japanese software integrator - TechnoBrave
BusinessDr. Nayana Dehigama, Executive Chairman, Epic Technology Group, exchanging the MOU with TechnoBrave President Sadao Kawada in Japan recently.Tags: Print EditionPremier and award winning...
View ArticleGrace Asirwatham to speak on BIMSTEC at LKI
BusinessTags: Print Edition The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) and the Ministry of Foreign Affairs, Sri Lanka will host a dialogue on 'BIMSTEC at...
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Roshan Kaluarachchi conferred as Fellow, SLIM
BusinessRoshan KaluarachchiTags: Print EditionRoshan Kaluarachchi was inducted as fellow, SLIM (FSLIM) at the recently concluded Sri Lanka Institute of Marketing graduation ceremony 2017.Kaluarachchi...
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