DFCC Bank PLC reported earnings of Rs.5.84 a share or Rs.1.54 billion for its April-June quarter (2Q17) compared to the Rs.747 million profit it recorded during the same period last year as the sale of shares it held in Commercial Bank helped the ban

Siddhalepa, the leading ayurvedic hospital which organizes a series of ayurveda clinics for government employees to maintain their good health in order to serve the nation better, recently conducted a historic ayurveda clinic at Prime Minister’

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Overseas Realty (Ceylon) PLC (OSEA), the local unit of the Singapore-based real-estate group, reported an earnings of 66 cents a share or Rs.811.8 million for the April-June quarter, up 6.3 percent from the same period last year, as revenue from the

The London Stock Exchange Group – Sri Lanka (LSEG SL) was feted with two prestigious awards at the recently concluded Annual LSEG CEO Awards, taking top honours in the categories for responsible business and excellence.

DFCC Bank was awarded a Certificate of Merit for ‘Outstanding Business Sustainability Achievement’ at the Karlsruhe Sustainable Finance Awards organised by the Global Sustainable Finance Network which was recently held at the Karlsruhe Ci

Seylan Bank PLC reported earnings of Rs.3.74 a share or Rs.1.32 billion for the June quarter (2Q17), recording an increase of 25 percent year-on-year (YoY) amid weaker growth in loans, compressed margins and higher loan-loss provisions, the interim r

Generation Next Communications Pte Ltd., (GENXT) Singapore, a leading mobile and IT distributor within Asia has appointed Rajeev Gooneratne as their new Chief Executive Officer to head the operations of Generation Next Communications Sri Lanka. 

SDB bank held a series of seminars for students facing the grade-five scholarship exam this year. Organized as a CSR initiative under SDB’s Lakdaru children’s savings account, the bank holds these seminars every year throughout the countr

Hatton National Bank (HNB), won significant recognition at the recently concluded Excellence in Integrated Reporting Awards 2017, winning an award for the Ten Best Integrated Reports.

The Cargills group yesterday said it entered into an agreement with Bank of China Limited to promote cooperation and strengthen business ties between the two entities.

Sri Lanka is witnessing a surge in tourism that has the potential to make it one of the most popular tourist destinations in the world. The country attracted over two million tourists in 2016, generating revenue of over US$3.5 billion, up by 14 perce

Hirdaramani Woven Puthukudiyruppu was awarded the Leed Platinum certification established by the US Green Building Council and verified by the Green Building Certification Institute (GBCI). 

One of Sri Lanka’s second generation digital companies – One Verge Holdings (Pvt) Ltd recently renewed its partnership with pioneers of mobile video streaming, Apalya Technologies (Pvt) Ltd that has presence in over 11 countries across So

Bakamuna recently collaborated with Theatre Junction as the official design partner for the contemporary musical ‘Cinderella’ which concluded on August 1st. 

The Ceylon Chamber of Commerce’s National Agenda Committee on Infrastructure presented a set of recommendations on fast-tracking Private-Public Partnerships (PPP) to the Minister of Finance and Media Mangala Samaraweera recently, and highlighte

The Export-Import Bank of Korea (Korea Eximbank) has completed the KSP-ADB Joint Consulting Programme for establishment of an ICT hub for secondary education project. 

Power-up your wallet with the ‘BOC Travel Card’ as your most trusted companion before you begin your foreign tour wherever you would want to go. 

The Cinnamon Future of Tourism Summit will be held on 26 September as a one-day conference that will deliberate and draw examples from the best practices around the world on the theme ‘Innovation, Technology and Authenticity’. 

Emirates has been recognised in the Future Travel Experience (FTE) Airline Passenger Experience Power List 2017. 

Year after year, Sri Lanka continues to rely heavily on foreign trade taxes as a key source of government revenue and the latest fiscal numbers for 2016 show that this trend has not abated. Taxes on foreign trade accounted for 50.5 percent of the tot

The CBSL conducted its first Treasury Bond auction under the new issuance system on July 27th.  The new transparent hybrid system draws on the strengths of a market based auction system, while accommodating the compulsions of having to raise Rs

Virtusa Corporation received the award for Best Use of CSR Practices in the IT Industry at the Sri Lanka CSR Leadership Awards 2017 held at the Taj Samudra recently.

John Keells Hotels PLC (KHL), the hotel and resort operator of Sri Lanka’s largest business conglomerate John Keells Holdings PLC, posted a Rs.230.94 million net loss for the first quarter of 2018, nose-diving from a Rs.83.93 million net profit

Amana Bank PLC, Sri Lanka’s first non-interest based Islamic bank reported an earnings of 7 cents a share or Rs.85.2 million for its most recent quarter ended in June 30, 2017 (2Q17) as it managed to stretch its margins but the doubtful and sou

In its endeavour to expand and strengthen its presence in international markets - IndiGo, India’s largest and fastest growing low-cost carrier has today announced the appointment of Hemas Aviation as their General Sales Agent (GSA) in Sri Lanka

A 24-member business delegation organized by the Ministry of Industry and Trade Vietnam will be visiting Sri Lanka this month. 

Over the past couple of years, Sri Lanka has seen an immense growth in its startup ecosystem, producing a number of startups that have gained a competitive edge in the global market Amongst these top players was DirectPay,a part of PayMedia ,speciali

Generation Next Communications Pte Ltd., ( GENXT), Singapore a leading mobile & IT distributor within Asia has appointed Rajeev Gooneratne as their new Chief Executive Officer to head the 

DFCC Bank was awarded a Certificate of Merit for “Outstanding Business Sustainability Achievement” at the Karlsruhe Sustainable Finance Awards organised by the Global Sustainable Finance Network