Ceylinco Insurance September quarter profit falls 20% but premiums rise

Ceylinco Insurance PLC, which runs Sri Lanka’s market-leading life insurance business based on gross written premiums (GWPs), saw its September quarter (3Q16) net profits falling by 20 percent to Rs.850.9 million or Rs.32.21 a share from a year ago, the interim results released to the Colombo Stock Exchange showed. 

Sampath IT Solutions recognized as Best Business ICT Provider of the Year

In recognition of developing cutting-edge information technology solutions, Sampath IT Solutions, a member company of the Sampath Bank Group was recognized as the Best Business ICT Solutions Provider of the year at the recently concluded South Asian Partnership Summit Awards (SAPS) 2016 held at Waters Edge. 

Emirates Skywards adds Wall Street Journal to list of partners

Emirates Skywards, the award-winning frequent flyer programme of Emirates airline has signed on The Wall Street Journal (WSJ) as its latest partner, enabling members to redeem miles for an annual digital subscription to the world’s leading source of business news.

Gulf Air reconnects Colombo to its network

Gulf Air, the national carrier of the Kingdom of Bahrain announced the addition of the Sri Lankan capital city, Colombo, to its network of destinations with the upcoming launch of 5 weekly flights to/from Bandaranaike International Airport from 19th January, 2017.

Aprico Finance relocates to Kottawa

Arpico Finance Company PLC relocated its Godagama branch to a prime location in Kottawa, Pannipitiya. 

Sampath Bank opens 227th branch in Kelaniya

Sampath Bank opened its newest branch in Kelaniya, at No: 1011, Biyagama Road, Singharamulla, Kelaniya, to provide its residents the world of state-of-the-art banking services to fulfil their banking needs with ease and convenience.

Daraz.lk announces ‘Black Friday’ campaign for first time in Sri Lanka

Barely a month following its introduction in Sri Lanka, Daraz.lk has announced the rollout of the biggest sale of the year. 

The Quintessentially Christmas Atelier in partnership with Jaguar Land Rover

The Quintessentially Christmas Atelier is back this December after the well rounded success of last year's event. In partnership with Jaguar Land Rover Sri Lanka,

Daraz.lk announces the approach of “Black Friday” for the first time in Sri Lanka

Barely a month following its introduction in Sri Lanka, Daraz.lk has announced the rollout of the biggest sale of the year. The Daraz Black Friday promotional event

CBL Wins Highest Number of Awards YetAgain at the SLIM Brand Excellence Awards

Ceylon Biscuits Limited (CBL) triumphed at the SLIM Brand Excellence Awards 2016, heldat the BMICH, on 08 November 2016, walking away with 8 awards in total, 

Bharat Avalani of AFF Fast Track programme visits Leo Burnett Sri Lanka

Bharat Avalani, Chief Knowledge Officer of the AFAA FastTrack Programme recently visited the Leo Burnett Sri Lanka office to meet and receive feedback from Burnetters who 

Planters come forward to protest against budget proposal on RPC land

The Planters’ Association of Ceylon (PA), the industry body representing the country’s regional 

PM reveals grand plans for Hambantota

Hot on the heels of a proposed debt-to-equity deal with the Chinese for the Hambantota Port 

Singer Sri Lanka 3Q net up 76% as consumer demand runs high

Consumer durable?Consumer durables giant Singer (Sri Lanka) PLC s giant Singer (Sri Lanka) PLC posted a net profit of Rs.265.46 million for its third 

Shares fall for 3rd session to over 4-mth closing low

REUTERS: Sri Lankan shares fell to a more than four-month closing low in thin volume yesterday as 

Fitch loads reforms in budget to boost dwindling revenue base

While acknowledging budget 2017 contains a number of positive measures to boost the country’s 

NSB’s Annual Report recognized at ARC Awards

The National Savings Bank has recently won the Best of Sri Lanka Award for its Annual Report – 

LankaPay to revolutionize retail payments landscape via JustPay

LankaClear Pvt Ltd, the operator of LankaPay – Sri Lanka’s national payment network recently 

National and global challenges for sustainable development

Following is the keynote address delivered by Dr. Saman Kelegama at the University of Peradeniya 

Invoke helps reimagine your real estate development

As the demand for condominium living increases in the modern metropolis, that is the city of 

Sri Lanka to enter into medium-term construction boom: Access Chairman

Sri Lanka is about to enter into a medium-term construction boom due to the past delays and despite 

Business Today TOP 30

The top corporate performers of Sri Lanka for 2015-16 were recognized at the Business Today TOP 30 

SL’s high potential microinsurance industry needs enabling environment: expert

Sri Lanka has been identified as a market that has huge potential for further growth in the 

EU launches Rs. 13 bn project to boost Sri Lanka’s trade competitiveness

In order to help Sri Lanka increase its trade competitiveness both in regional and European markets, 

HNB 3Q profit up 50% to Rs.4bn over strong core banking operations

Hatton National Bank PLC (HNB), the second largest private lender with an asset base of Rs.819 

Sri Lanka’s total public sector debt is now 101% of GDP: Wijewardena

In an interview with Mirror Business, W.A. Wijewardena, retired Deputy Governor, Central Bank of Sri 

Ceylon Institute of Builders invites applications for Green Mark certification

The Ceylon Institute of Builders (CIOB) has now begun accepting applications for the forthcoming Green Construction Awards in 2016. 

Capitol Developers holds groundbreaking ceremony for Twin Peaks apartment project

Capitol Developers Limited of the Sanken group held the groundbreaking ceremony of its latest 470-

Sri Lanka all set for a retail boom?

While Sri Lanka has been witnessing a noticeable growth in per capita income over the past couple of 

Appé Lanka - empowering the people of Poonakary

Appé Lanka is a rural development project, which is initiated by Awakening Lanka endorsed by the Sri Lankan Government’s Ministry of Rehabilitation and Resettlement.