Lion Brewery returns to profit on benign beer tax

21 May 2018

1

The reversal of the government’s lopsided tax policy on beer and the recovery of operations from the production halt caused by floods helped Lion Brewery (Ceylon) PLC (LION) to return to profit as the lower tax on beer pulled more people into mild alcohol from hard liquor and illicit alcoholic beverages.   LION, Sri Lanka’s largest brewery recorded 

Dipped Products top line up on new glove markets, strong plantation results

21 May 2018

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Hayleys group company, Dipped Products PLC (DIPD) posted higher revenues as the non-medical glove maker ventured into new markets while the group’s plantation segment rebounded strongly. But the profit for the latest quarter came down due to higher direct and indirect costs.  Releasing its interim accounts for the quarter ended in March 31, 2018 (4Q18), DIPD reported consolidated revenue of Rs.7.1 billion, from Rs.6.6 billion revenue i

Six PT-6 aircraft ready to join SLAF fleet

20 May 2018

18

Sri Lanka Air Force (SLAF) to receive six brand new PT-6 Aircraft from the China National Aero-Technology Import & Export Corporation (CATIC) for primary training of the SLAF.

Facebook launches initiative to improve Digital Literacy in Sri Lanka

18 May 2018

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Advent  of the digital economy has helped improve access to services and information where traditional?

Janashakthi Continues to Grow Life Business in Q1 2018

18 May 2018

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Returning to being a specialist Life Insurance company, leading Sri Lankan insurer Janashakthi Insurance PLC 

Understanding the importance of nutrition rich milk

18 May 2018

3

Milk is a favourite refreshment, not to mention the nutritional values it carries. Milk is especially a favourite among children. From whole to skimmed, milk is available in many forms. However no form of milk is able to beat the nutritional goodness of mother’s breast milk. Mother’s milk plays a vital role regarding the growth of a child, specially during the first 6 months and even up to 2 years. 

9TH ANNIVERSARY - DEFEAT OF TERRORISM

18 May 2018

1

Rupee ends firmer in dull trade

18 May 2018

0

REUTERS: The Sri Lankan rupee ended firmer yesterday in dull trade due to dollar selling by a state bank, a day after the central bank said underlying fundamentals do not warrant the current downward pressure on the currency.

Hayleys Fabric losses expand in March over higher costs, tax charge

18 May 2018

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Hayleys Fabric PLC’s problems persisted in controlling direct costs and overheads as the knit fabric maker expanded losses during the quarter ended in March 2018 while the top line grew. 

Nestlé Milo to send six football players to FC Barcelona

18 May 2018

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Six young talented Sri Lankan football players stand the chance to win an opportunity of a lifetime; attending

Samsung Launches Galaxy J7 Duo, Brings Dual Camera to J Series

18 May 2018

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Samsung Sri Lanka expanded its best-selling range of Galaxy smartphones by introducing Galaxy J7 Duo.

Hunger Busters with HSBC Credit Cards gets you your next meal on HSBC

17 May 2018

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HSBC launched its newest campaign for new credit Cardholders where first time users who apply for the banks

Sri Lankan Johann Peries is close to reaching summit of Mount Everest

17 May 2018

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Johann Peries, Sri Lanka’s famed mountain climber and adventurer, is set to make his ascent to the peak of Mount Everest

Aviraté Takes On ‘Garments without Guilt’

17 May 2018

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Aviraté - an international fashion brand owned by Timex Garments (Pvt) Ltd - is making waves yet again

CAL Announces the Successful Conclusion of South Asia Investment Conference

17 May 2018

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The inaugural South Asia Investment Conference (SAIC), jointly organized by Capital Alliance Securities (Pvt) Ltd

Facebook to empower youth and entrepreneurs in Sri Lanka

17 May 2018

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Facebook to empower youth and entrepreneurs in Sri Lanka

Virtusa Announces FourthQuarter and Fiscal Year 2018 Consolidated Financial Results

17 May 2018

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Southborough, MA –Virtusa Corporation(NASDAQ GS: VRTU), a global provider of digital engineering and IT

Get Hypnotized at L.A.B, Hilton Colombo

17 May 2018

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Starting May 17th, the L.A.B (Lounge & Bar) at the Hilton Colombo will transform into one big party venue! 

SLIM brings ‘Smiles’ to Sanhinda Children’s Home

17 May 2018

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Seeking to bring joy and a sense of care to children who live without parental care and love, SLIM organized

DSI Footcandy re-launches with a new look and a new collection of footwear

17 May 2018

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D. Samson & Sons (Pvt) Ltd, the main marketing and distribution arm of the DSI Samson Group, re-launched