Colombo Dockyard ends 1Q in red as income from shipbuilding slows

17 May 2018

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Sri Lanka’s largest shipbuilder, Colombo Dockyard PLC (DOCK), which operates in collaboration with Japan’s Onomichi Dockyard, which owns 51 percent of the company, reported a net loss of Rs.120.3 million for the March quarter (1Q18), as the income from both shipbuilding and repairing slowed.   

Instagram hosts first ever cultural exhibition in Sri Lanka

16 May 2018

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Instagram today hosted its first ever cultural exhibition in Sri Lanka which was inaugurated by Harin Fernand

Lahiru Pathmalal and Adil Mansoor Joins the Board of the Lankan Angel Network (LAN)

16 May 2018

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Lankan Angel Network (LAN) which is Sri Lanka’s largest network of business professionals and experienced

SLT Group 1Q 2018 EBITDA up by 8.5% to Rs 6.1 bn

16 May 2018

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Sri Lanka Telecom PLC (SLT) released its Group and Company financial results for the 1st Quarter 2018, today. 

CTC 1Q profits surge amid surprise volume pickup

16 May 2018

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Sri Lanka’s monopoly cigarette player, Ceylon Tobacco Company PLC (CTC) saw its net profit for the March quarter (1Q18) increasing little over half a billion rupees with a surprising 11 percent year-on-year acceleration in volumes.

People’s Leasing March net up amid moderate loan growth

16 May 2018

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The profits at People’s Leasing & Finance PLC (PLC) nearly doubled during the March quarter (4Q18) largely on higher margins, other incomes and lower operating costs as the loan book growth moderated. 

AIA declares a strong 9.63% dividend for its customers!

16 May 2018

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AIA Sri Lanka has declared another year of consistent policyholder dividend rate, with the declared dividend of 9.63%

National Sales Awards - SLIM NASCO entries are now open to send the best of your sales team

15 May 2018

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The National Sales Congress (NASCO) 2018, organized by Sri Lanka Institute of Marketing (SLIM), has gained

Sierra Readymix does it again, and wins Top 10 at the International Best Practices Awards!

15 May 2018

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Programme’ to construct a series of buildings at the Mune Sinhala Vidyalaya in Kandakuliya, Puttalam and install

Facebook to empower youth and entrepreneurs in Sri Lanka

15 May 2018

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Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka

HNB – A Team triumph at the CAB - Annual Interbank Quiz 2018

15 May 2018

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The 26th Annual Interbank Quiz Competition organized by the Clearing Association of Bankers (CAB) was held

Siyapatha Finance Concludes the ‘Siyapatha Bonanza’ In the Midst of Much Acclaim

15 May 2018

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Siyapatha Finance PLC successfully conducted the ‘Siyapatha Bonanza’ award ceremony recently. The event

Sampath Bank Sports Club Colors Night – 2018

15 May 2018

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Continuing to nurture and support sports at all levels, Sampath Bank honored its star sportsmen and women

Mobitel Sweeps 3 Awards at the ACEF 2018

15 May 2018

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Sri Lanka’s National Mobile Service Provider, Mobitel, was bestowed honours with 3 awards in high profile categories

‘‘ People should have guts to make complaints ’’

15 May 2018

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 “Being a lawyer is not a privilege to disobey the prevailing law. If there is a forum or a bench I will appear before it and give evidence. There are nearly 15 000 lawyers and only a very few are corrupt. I’m raising my voice

JAT Paints launches revolutionary new paint using pigment from natural flowers

14 May 2018

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JAT Holdingsrecently launched a revolutionary new paint, which combines ancient traditions and cutting

Oman Air Launches New Route to Istanbul

14 May 2018

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Oman Air, the national carrier of the sultanate of Oman, commences its new daily flight from Muscat to the Turkish capital

Robot-assisted surgery performed aboard USNS Mercy

14 May 2018

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US and Sri Lankan surgeons conducted the first ever robot-assisted surgery aboard the USNS Mercy recently, US Embassy in Colombo said.

Permanent solution needed for human-jumbo conflict

14 May 2018

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CB Governor says one quarter of population still trapped in poverty

14 May 2018

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Sri Lanka needs to promote rural entrepreneurship in a holistic manner to uplift over one quarter of the population trapped in poverty with daily earnings below Rs.400, despite the lowest ever absolute poverty figures reported in the country recently, according to the Central Bank Governor