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Sun, 19 Jul 2026 Today's Paper
?Chevron Lubricants Lanka PLC, the local unit of US-based multi national saw its December quarter (4Q14) net profit falling 5 percent year-on-year (yoy) to Rs.558 million amid a decline in its top line, the financial accounts released to the Colombo
OZO Colombo was recently recognised as the Best Newly Opened Hotel in South Asia by one of China’s leading hospitality industry awards, the Golden- Pillow Award of China Hotels 2014.
?AFP - Australia yesterday said it was trialling a “world first” system with Malaysia and Indonesia that increases the tracking of aircraft over remote oceans, allowing authorities to quickly react to abnormal situations such as the disap
State-owned telecommunication services provider, Sri Lanka Telecom PLC group (SLT) saw its December quarter net profits (4Q14) contracting by as much as 37 percent to Rs. 958 million (53 cents a share) from a year ago, the interim results released th
How do you make a nine inch tablet affordable to a Sri Lankan buyer? The answer to this question is simple enough. It has to be designed and assembled locally and that is what EWIS has done in partnership with Microsoft. Together the two companies ha
Southern Petroleum (Pvt) Ltd, a fully owned subsidiary of Laugfs Holdings, has strengthened its island wide presence with the opening of its first ‘ALL fuel’ filling station in Kosgoda.
Sri Lanka Tea Sale Averages for the month of February 2015 recorded Rs.418.29 vis-à-vis Rs.481.83 (-Rs.63.54) in 2014.High Growns for the month of February recorded Rs.412.50 as against Rs.441.11 (- Rs.28.61) in 2014. Medium Growns recorded Rs
Amãna Bank, Sri Lanka’s one and only licensed commercial bank operating in full conformity to the non-interest based Islamic banking model, has recorded its first profitable quarter for Q4 2014. According to the financials released to th
Continuously setting the benchmark in the fashion industry, Hameedia, Sri Lanka’s leading menswear specialist, will be partnering with HSBC Colombo Fashion Week (CFW) for the Spring/Summer 2015 edition of the show. HSBC CFW will be taking place
Shift Solutions, Sri Lanka’s leading creative digital agency recently used yet another innovative solution - Oculus Rift technology, to create an immersive brand experience for a leading bank in Sri Lanka. The Oculus Rift is a state-of-the-art
Following the recent Presidential election, with its record turnout and peaceful transition, Sri Lanka showed the world that it truly is a democracy that has never been stronger or more inclusive. Although Sri Lanka has made immense progress, certain
?Hatton National Bank PLC (HNB), Sri Lanka’s second largest private sector bank with an asset base of Rs.600 billion said its net profit for the December quarter (4Q14) surged 93 percent year-on-year (yoy) to Rs.3.65 billion.
?REUTERS: Sri Lanka’s foreign currency reserves are stabilising after authorities spent over $1 billion in January to defend the rupee currency, Central Bank Governor Arjuna Mahendran said yesterday.
Industry experts said that there will not be a construction boom in either infrastructure or domestic units despite the reduction in cement and steel prices outlined in the interim budget, while saying the long-term outlook remained positive.
After years of recording a high economic growth in excess of 7 percent, a global rating agency yesterday said that the pace at which the Sri Lankan economy will grow could slow down but will still remain an outlier among the emerging Asian region.
A Malaysian company has shown interest in setting up monorail operations in Colombo, according to a top Malaysian government official in town. “An interest has already been registered to the government of Sri Lanka in this regard,”
Sri Lanka’s largest online travel company, findmyfare.com recently joined hands with Sampath Bank as an accelerated travel partner for the American Express Platinum Ultramiles Credit Card.
Kelani Cables PLC, Sri Lanka’s number one brand in secure electrical and communication cables, honoured its outstanding sales person for sales excellence with the CEO’s Award recently.
Prima Kottu Mee and Prima Treats have planned to make the Big Match season more exciting and lively, this year.Prima Kottu Mee and Prima Treats have partnered with the “136th Battle of the Blues” for the 9th consecutive year as “spe
Now you can enjoy the scrumptious taste of Mcdonalds right at your doorstep. The concept of McDelivery has proved popular among consumers in other regions and now is in Sri Lanka for our very own to enjoy the service.
Seylan Bank reported a record profit after tax (PAT) figure of Rs.3,079 million for the year ended December 31, 2014. This is an impressive 33 percent growth in PAT compared to the Rs.2,316 million reported in 2013, an impressive 33 percent growth in
Nations Trust Bank (NTB) closed t he year with a post-tax profit of Rs.2,536 million recording a growth of 19 percent over the corresponding year. The core revenue recorded a faster rate of growth of 22 percent over operating expenses growth of 11 pe
Sri Lanka’s December trade deficit widened 39.8 percent year-on-year (YoY) to US $ 787.6 million amid a surge in consumer and investment goods imports, the data released by the Central Bank showed.
?Insurance industry veteran Chandra Schafter is to retire from his position as the Director/Deputy Chairman of Janashakthi Insurance PLC at the company’s forthcoming Annual General Meeting scheduled for March 31.
The board of directors of Marawila Resorts PLC has resolved to raise Rs.367.5 million from the shareholders through a rights issue to settle the interest-bearing debts, subject to shareholder and Colombo Stock Exchange approval.
As the private credit growth appears to be recovering, Standard Chartered Bank (StanChart) in a brief research note said it expected no rate changes in the near term given concerns about external stability.
Continuously setting the benchmark in the men’s fashion industry, Hameedia, Sri Lanka’s leading menswear specialist recently saw its Deputy Managing Director, Hussain Sadique awarded the ‘Retail Leadership Recognition Award&rs
Cerebral Palsy Lanka Foundation (CPLF) the first organization for children with cerebral palsy in Sri Lanka has successfully completed two wheelchair donation camps in Ambalantota and Anuradhapura. The free camps will be taking place every Sunday in
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