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OtherHigher finance costs, lack of capital gains affect Hayleys’ bottom line
 Higher finance costs, rupee depreciation and lack of one-off gains originating from sale of holdings in subsidiaries during the first half of the financial year 2012/13 have adversely impacted the profitability of Hayleys PLC, a diversified blue chip listed on the Colombo Stock Exchange.Read more... Add new comment
.gif){kind=small} Views: 1261Combank’s 9-month net up 25% to Rs.7.6bn
 Sri Lanka’s Commercial Bank PLC’s consolidated net profit for the nine months ended September 30, 2012 rose 25 percent year-on-year to Rs.7.6 billion, while net profit for the September quarter (3Q12) stood at Rs.2.3 billion, up 11.55 percent YoY, the interim financial accounts showed. Views: 2238Qatar Airways Launches Latest Global Sale at Midnight
.jpg) Doha, QATAR – Qatar Airways is offering customers in Qatar and around the world great savings to more than 100 destinations during its latest three-day global sale starting at midnight. Views: 1948Buy tickets for Cricket Matches on your Mobitel phone – for the First Time in Sri Lanka
 For the first time in Sri Lanka, Mobitel gives you the opportunity to purchase tickets for cricket matches via your Mobitel phone. This special service, offered via the National Mobile Service Provider’s mTicketing platform, is available by simply dialing 365 from any Mobitel connection. Views: 1446Lanka’s internet and email subscribers grow
 The number of internet and email subscribers in Sri Lanka increased by 77.3% Year-on-Year (YOY) during the second quarter of this year reaching approximately 1.15 million subscribers according to the latest economic indicators report from the Central Bank of Sri Lanka. Views: 1201Elephant House net declines 4%; Keells Super still in red
 John Keells group's, Ceylon Cold Stores, popularly known as Elephant House, saw a 4 percent year-on-year (YoY) decline in net profits to Rs.179.3 million for the September quarter (2Q13), with its Keells Super supermarket chain still in the red, the interim financial accounts released to the Colombo Stock Exchange showed Views: 1513Sri Lanka amongst ideal frontier markets - HSBC
 Sri Lanka was highlighted alongside the frontier markets Vietnam and Bangladesh, as being ideal investments for foreign investors with a high risk appetite seeking to diversify their equity portfolios, in an equity strategy report from HSBC. Views: 1703Lankan Angel Network launched
 The Lankan Angel Network (LAN), the first of its kind in Sri Lanka is launched with the purpose of bringing together the Sri Lankan investor and mentor community and to scale the startup ecosystem. Views: 1948New vehicle registrations slump 39% in August
 New motor vehicle registration during the month of August fell 38.7 percent Year-on-Year (YoY) to 27, 766 amidst import duty increase on motor vehicles, the official data issued by the Central Bank showed. Views: 1515Mobitel opens second Contact Centre in Mullativu
 In its continuous mission to lead Sri Lanka’s ICT transformation across the island, the National Mobile Service Provider, Sri Lanka Telecom Mobitel opened its second regional contact centre in Mullaitivu recently. Views: 2288Treasury Official Says: Too Much Transparency
 Addressing a forum and panel discussion on the topic of ‘Capital Markets, Integrity and Development’ organized by the European Chamber of Commerce of Sri Lanka, Dr Batagoda voiced his opinion on the right of information in Sri Lanka. Views: 1473G20 leaders begin talks to tackle eurozone crisis
 G20 finance chiefs yesterday began two days of talks aimed at quelling fears of a global economic downturn amid a persistent Eurozone debt crisis and a looming fiscal crunch in the United States. Views: 992Avirate opens at UB City Mall Bangalore
 Avirate, a truly Sri Lankan brand is not only expanding locally, but internationally as well. They are proud to announce that they have expanded in India as of recent in UB City Bangalore, India’s first Luxury Mall. Views: 4718Long-term T-bill yields up
Views: 1075NTB gets new Chairman
 The banking unit of John Keells group, Nations Trust Bank (NTB) has appointed Arjuna Gunaratne as its new Chairman with effect from today Views: 1705Mobitel lauded for Engineering Excellence at IESL Awards 2012
 For the third consecutive year, Sri Lanka’s National Mobile Service Provider, Sri Lanka Telecom Mobitel won the coveted ‘Excellence in Engineering’ award, under the category ‘Infrastructure – Service Sector: Large” at the Annual Engineering Excellence Awards 2012 presented by the Institution of Engineers, Sri Lanka (IESL). Views: 2292Fortune 500 car maker enters SL
 Geely, the Fortune 500 Chinese automotive multinational that now owns 100% of Sweden’s Volvo and part produces the famed London’s black taxi cabs, is entering Sri Lanka. Views: 3175Sri Lanka Telecom Mobitel held its Business Partner Awards Convention
 The National Mobile Service Provider, Sri Lanka Telecom Mobitel held its Business Partner Awards Convention recently at the Sri Lanka Foundation Institute in Colombo. Views: 2019MURALI’S MAGIC HELPS CANCER TREATMENT UNIT
 The Kandy Cancer Treatment Unit Fund signed a M.O.U. with Sri Lanka’s famous son, Muthiah Muralidaran, appointing him as Brand Ambassador, on the 18th of October.
Views: 2493Venture Capital scope should be broadened to help innovators: Prof. Vitarana
 Sri Lanka must break its colonial chains of being a follower and facilitate an environment where innovation and invention can lead the economy out of ‘Third World’ status’, Senior Minister of Scientific Affairs Prof. Tissa Vitarana stated at the Ray Awards ceremony held on Wednesday. Views: 2270EPF mgt has to be independent – Harsha
 The management of the Employee’s Provident Fund (EPF) must be removed from the control of the Central Bank of Sri Lanka in order to prevent conflicts of interest, according to Opposition Member, Dr. Harsha de Silva. Views: 1900Page 10 of 26 |
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Treasury yields rose across all maturities at yesterday auction with 12-month longterm yields rising most, the Public Debt Department of the Central Bank said.
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