Etihad to operate daily flights to Colombo

Etihad Airways, the national airline of United Arab Emirates is to opearte daily flight...


MAS to set up US$70mn automated knitting plant

Sri Lanka’s apparel major, MAS Holdings is to make the biggest single investment in ...


T-bill yields up

The Treasuries yield rose across all maturities at the auction held yesterday where the go...


Softlogic clinches Mothercare franchise

International baby-product retailer Mothercare, opened its first store in Sri Lanka throug...


EPF recovery should be from liquidator – CA rules

The Court of Appeal held that in the case of a recovery of Employees’ Provident Fund...


WORDS clinches EFFIE Gold for ‘Trail’

Last night, at the EFFIE Awards 2012, WORDS Advertising struck Gold. WORDS was recognized ...


Insurance sector overcrowded

Sustenance of the insurance industry remains dubious, following the intense price competit...


Nestlé Lanka to get new MD from January

Nestlé Lanka PLC, a unit of Switzerland-based Nestlé S.A., yesterday announc...


T-bill yields up across maturities

Sri Lanka's Treasury bill yields rose across all maturities yesterday with three-month...


Unilever Global Head Paul Polman visits Sri Lanka

Unilever Chief Executive Officer, Paul Polman is scheduled to arrive in Colombo today. Acc...


Young Water Professionals Symposium begins Nov. 22

Sri Lanka's first-ever Young Water Professionals Symposium (YWPS) will be held on Thur...


Mobitel Reports Strong Profitability in Q3 2012

Mobitel, the country’s National Mobile Service Provider continued to grow its revenu...


Challenging times ahead for smaller telcos- Fitch

Anticipated high capital expenditure for Sri Lankan telecommunications companies (telcos) ...


Additional funding from ADB for Lankan roads

Sri Lanka's Finance Ministry today entered into an agreement with Asian Development Ba...


Singer turnover tops Rs.18.7 bn end of Q3

Singer Sri Lanka f urther strengthened its position as the leader in Sri Lanka’s con...


Strong tourism gains boost Aitken Spence’s bottom line

Sri Lanka’s Aitken Spence PLC said its net profit for the quarter ended September 30...


Sri Lanka’s first Shariah-based income fund launched

The Islamic finance industry in Sri Lanka achieved another milestone in its fast evolving ...


Amana Bank MD speaks at IFN Asia Forum in Malaysia

Amana Bank’s Managing Director/CEO Faizal Salieh delivered a country presentation on...


BOI signs agreement for graphite mining venture

The BOI signed an agreement with Plumbago Lanka (Pvt) Ltd facilitating a business venture ...


Mobitel and Ministry of Telecommunication & Information Technology launch revolutionary Upahara Internet Package for state sector employees

In its continuous efforts in revolutionizing the ICT sector, Sri Lanka Telecom Mobitel &nd...


Textured Jersey doubles net for 2Q FY2012/13

Knit fabric manufacturer Textured Jersey Lanka PLC (TJL) demonstrated its operating excell...


Aitken Spence bags Best Corporate Citizen Award 2012

Aitken Spence bagged the Best Corporate Citizen Award 2012 at the annual Best Corporate Ci...


Lanka Cement to install grinding plant in KKS

Lanka Cement PLC plans to enter into a joint venture with other international cement manuf...


JKH posts Rs.2.4bn net for July - Sept quarter

John Keells Holdings (JKH), the largest company listed in the Colombo Stock Exchange (CSE)...


Supermarket tax hike to impact 3 listed operators

The tax extensions on supermarkets and large scale trading operations proposed in the Budg...


Higher finance costs, lack of capital gains affect Hayleys’ bottom line

Higher finance costs, rupee depreciation and lack of one-off gains originating from sale o...


Combank’s 9-month net up 25% to Rs.7.6bn

Sri Lanka’s Commercial Bank PLC’s consolidated net profit for the nine months ...


Qatar Airways Launches Latest Global Sale at Midnight

Doha, QATAR – Qatar Airways is offering customers in Qatar and around the world grea...


Buy 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...


Lanka’s internet and email subscribers grow

The number of internet and email subscribers in Sri Lanka increased by 77.3% Year-on-Year ...


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