Textured Jersey June quarter net up 93% to Rs.399mn

Sri Lanka’s largest listed apparel manufacturer, Textured Jersey Lanka PLC (TJL) posted its best 

“Sri Lanka Plast 2016” exhibition to be held for third time

Sri Lanka Plast 2016, the main exhibition with focus on Plastics processing and RUBEXPO  focused on manufacturing of rubber related products and services is to be held from August 05 to 07, at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo. 

LNBTI promises high-quality standards to Lankan education experience

With the promise of transforming the level of education in Sri Lanka, Lanka Nippon BizTech Institute 

Zamrins opens new toy store at Gold Centre

Zamrins, Sri Lanka’s pioneer in importing toys, opened its new toy store this August. Located at the 

Shares end at 7-wk high; Distilleries leads

REUTERS: Sri Lankan shares ended at a seven-week high yesterday, led by sharp gains in Distilleries Company of Sri Lanka PLC after the company announced a reorganisation of shares and 

Canon unveils EOS-1D X Mark 11 to Lankan market

Canon’s latest camera ‘The EOS-1D X Mark 11’ is described as Canon’s answer to the professional photographers. Sri Lankan photographic and video enthusiasts now can experience it as it was 

Sampath Bank 2Q net up 54% over strong growth in loans; margins intact

Sampath Bank PLC, third largest private sector commercial bank by assets recorded a net profit of 

Mans Lanka appointed as sole agent for Bajaj fans, Godrej locking solutions

Mans Lanka (Pvt.) Ltd, a subsidiary of Macksons Holdings Group of Companies, has been appointed as the sole agent in Sri Lanka for the distribution of Godrej locking solutions and systems as well as 

Lanka Hospitals cements ties with Seychelles

Lanka Hospitals, which recorded its highest ever profits in 2015, now looks to medical tourism to further 

Large crowds witness “Construction Expo”

The 5th Construction Expo Mega Mart was held from the 29th – 31st July  at the BMICH, organized 

Metropolitan unveils state-of-the-art showroom in Anuradhapura

With the intention of serving the North Central customers, Metropolitan recently opened its Anuradhapura branch equipped with a full product portfolio and a state-of-the-art customer service 

‘New and improved’ Wild Elephant launched

Elephant House’s popular Wild Elephant has been reintroduced to the local market in a whole new way!

SL to revamp, double refinery capacity: minister

REUTERS: Sri Lanka plans to upgrade its sole oil refinery and double its capacity to boost output and to 

Time to buy stocks: CB Governor

The Central Bank Governor recently said that it is now the best opportunity to increase investments in the stock exchange. Dr. Indrajit Coomaraswamy made these comments at the Colombo Stock 

Melstacorp to become Harry J’s ultimate holding company; seeks CSE listing

Melstacorp Limited will become a listed holding company for business tycoon Harry Jayawardena’s 

Sri Lanka Economic Summit 2016 commences today

Sri Lanka Economic Summit 2016, organised by the Ceylon Chamber of Commerce (CCC), will commence today with the participation of President Maithripala Sirisena as the chief guest. The two-

Govt. calls for importation of rubber to revive ailing industry

Even before the dust settled over the shooting down of the controversial proposal to set up a tea hub, 

Japanese government grants Rs10 bn loan

The Government of Japan has decided to grant a US$90 million concessionary loan (Rs.10 billion) to implement Sri Lanka’s development policies. Picture shows the declaration with regard to the Rs.10 billion loan being handed over to Finance Minister Ravi Karunanayake by Japanese Ambassador to Sri Lanka Kenichi Sugama at the Ministry of Finance recently.

LAWASIA Golden Jubilee Conference to kick-start next week

LAWASIA, the Law Association for Asia and the Pacific will celebrate its Golden Jubilee at its 29th conference in Colombo from 12-15 August, organized by the Bar Association of Sri Lanka. The speakers for this conference will be drawn from more than twenty jurisdictions in Asia, the Pacific and beyond, ensuring a lively and wide-ranging approach  to material.

PF visits Delhi to discuss Centre for Indo-Lanka Initiatives

Milinda Moragoda Founder, Pathfinder Foundation (PF) together with Bernard Goonetilleke, Chairman of the Foundation visited New Delhi to hold discussions on matters connected with the Centre for Indo-Lanka Initiatives (CILI) of the Pathfinder Foundation.

JAT Holding to hold 4th Sri Lanka Wood International Expo

JAT Holdings (Pvt) Ltd. has signed a contract as the main sponsor for 4th Sri Lanka Wood International Exhibition which is to be held on 9th – 11thSeptember at BMICH. The trade show will have a wide range of companies showcasing their products and services related to wood.

Central Bank wants private credit to expand not more than 20% in 2016

Sr i La n k a ’ s Central Bank said it wanted to slowdown the growth in private sector credit to 20 

Colombo inflation in July moderates to 5.5% over VAT suspension

Sri Lanka’s headline inflation in the capital Colombo moderated to 5.5 percent in the 12-months to 

World Bank to push for inclusive and sustainable growth

The World Bank’s fouryear Country Partnership Framework (CPF) for Sri Lanka will aim at achieving 

Asian Hotels 1Q profit up 12% to Rs. 338 mn

Asian Hotels and Properties PLC (AHPL), the holding company for the 5-star city hotels and property development operations for John Keells Holdings PLC, posted a net profit of Rs. 338.02 million for 

PLC gets nod to merge with People’s Merchant Finance

The board of Sri Lanka’s largest nonbanking financial institution, People’s Leasing and Finance 

Exporter earnings repatriation rule relaxed from today

In a move to loosen up the foreign exchange controls slapped on the Lankan exporters, the 

Toyota Lanka rewards top performers at National Dealer Convention 2016

Toyota Lanka (Pvt.) Ltd celebrated ‘A Decade of Excellence-United’ at its Annual Spare Parts and 

Edirisinghe Brothers opens Hybrid Hub in Colombo

Edirisinghe Brothers (Pvt.) Ltd (EBL) opened a ‘Hybrid Hub’ in Colombo recently, which is known to 

Chandima to be at next NCC ‘Meet the Minister’ programme

Petroleum Resources Development Minister Chandima Weerakkody will grace the ‘Meet the Minister’