Softlogic Holdings PLC, which has interests into retail, information technology, financial services, healthcare, leisure and automobile, increased its June quarter (1Q17) net profit by 22 percent to Rs.101.8 million or 13 cents a share from a year ag

Sri Lanka’s vehicle registrations in almost all categories except buses and heavy trucks have taken a dive in July, recording the lowest monthly figure for the year, a monthly vehicle registration tracker by a leading Colombo-based stock broker

Raigam Wayamba Salterns PLC, a salt-based product manufacturer and exporter, said it was planning to raise Rs.536 million through a rights issue to acquire a similar business currently owned by its parent. 

The ordinary voting shares of Amana Takaful Life Limited will be listed on the secondary Diri Savi Board of the Colombo Stock Exchange (CSE) today. The security code given for the share is ATLL-N-0000. The company will be classified under the banks,

A Buddhist devotee offers flowers in front of a Buddha statue at a temple in Colombo. Sri Lankan Buddhists celebrated Nikini Full Moon Poya yesterday engaging in religious activities. The country’s capital market was closed due to the holiday&n

As the Sri Lankan government works towards forging a series of free trade agreements (FTAs), the Ceylon Chamber of Commerce (CCC) is calling for companies to submit substantive inputs on trade policy matters so that the private sector can strengthen

George Steuart Teas, one of the country’s foremost exporters of Ceylon Tea who are widely recognized as the ‘Original Tea People’, were honoured as the ‘Highest Value Added Exporter in the Tea Sector’ in the year 2014 at

The PIM Alumni (PIMA), the professionals association of the prestigious Postgraduate Institute of Management (PIM) affiliated to the University of Sri Jayewardenepura, recently concluded the official installation of the new PIMA board of directors fo

The easiest solution for an acne-free flawless skin, Rohto Pharmaceutical Japan’s exclusive acne-care products, ‘Acnes Creamy Wash’ and ‘Acnes Sealing Gel’ were launched in Sri Lanka by Rohto Mentholatum Lanka (Pvt) Ltd

Financial innovator Vallibel Finance added two brand new branches, including a motor division 1st of its kind, to its expanding network, creating a frenzy of interest in the popular townships of Borella and Mt. Lavinia.

Yazad Dalal is the Senior Director of HCM Strategy and Transformation at Oracle Corporation where he is responsible for developing thought leadership and identifying trends in all areas of Human Capital Management. He works with HR leaders to deliver

The 16thedition of the World Export Development Forum (WEDF) will see global business leaders, policy makers and heads of trade discuss issues ranging from transitioning trade environments, transparency and traceability to business strategies and tra

Huawei Consumer Business Group (BG) announced that the Huawei P9 has been named ‘European Consumer Smartphone 2016-17’ by the European Image and Sound Association (EISA). Furthering its commitment to pursuing the best quality and design w

Most organizations think they have their security taken care of but ironically, CIOs today are not accounting for how their network is actually accessed. A single user may be logged on through multiple devices: a phone, a tablet, and a laptop.There c

NDB Securities was recognized with top honours at the CFA Sri Lanka Capital Market Awards 2016, taking home the Gold award for Best Stockbroker Research Team. 

AIA Group Limited announced that it is the only company in the world to have achieved the largest number of Million Dollar Round Table (MDRT) members for two consecutive years. 

Going in search of hardware and tools is known to be both time-consuming and taxing for the regular customer. Masters Hardware Supermarket which recently opened its doors has revolutionized the way we shop for hardware and tools making the process ea

The country’s largest insurance provider, the state-owned Sri Lanka Insurance Corporation (SLIC), will be looking to consolidate on its core strengths over the coming two years, after delivering a strong performance for 2015, the SLIC Chairman

At the upcoming CIMA Business Leaders Summit on August 23 and 24, discussions on how organisations can breakdown silos for value creation and how companies can adapt in the face of disruption will take centre place.

The chairperson, Sunanda Weerasinghe of Sujan International Pvt Ltd, the vegetarian company dedicated to vegetarianism received the Bronze Award - Large Category at Women Entrepreneur 2015 from Women’s Chamber of Industry and Commerce recently.

OVIKLO International recently expanded their warehousing chain by another 120,000 Sqft facility.  With this expansion increased entire OVIKLO’s storage capacity over 500,000 square feet in both covered and open yards. This increase in ware

Cargills Bank, the newest entrant in the banking domain, provides value propositions across all consumer segments that it serves. Delivering on its premise to offer utmost convenience to customers, the Bank offers a strong portfolio of products and s

It was stressed at a recently concluded forum in Colombo that Sri Lanka should standardize and upgrade the skills of its labour force, as the country at present mostly relies on quantity rather than 

REUTERS: South Korea is considering issuing 50-year treasury bonds, the finance ministry said yesterday, a move that would be unprecedented as the country’s bond maturities now run up to 30 

REUTERS: Sri Lankan shares closed slightly lower yesterday after posting a more than 11-week 

AFP: China launched the world’s first quantum satellite yesterday, state media reported, in an effort 

Sri Lanka’s manufacturing activities, measured by the Manufacturing Purchasing Managers’ Index (PMI)  fell to neutral levels in July after a pickup in June, the data released by the Central Bank 

REUTERS: The Sri Lankan rupee ended steady yesterday as dollar sales by exporters were offset by importer demand for the U.S. currency, dealers said.

South Asia is set to become the fastest growing region in Asia. Led by a booming India, which is expected to grow by nearly 8 percent in 2017, the region is expected to expand at a blistering rate of 

Serendib Educational Foundation, one of the few scholarship funds that has an endowment fund