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Category: BUSINESS

CSE and GRI announce third collaboration to foster transparency and sustainability among listed companies
BUSINESS

CSE and GRI announce third collaboration to foster transparency and sustainability among listed companies

The Colombo Stock Exchange (CSE) announced the next round of workshops on corporate transparency and sustainability to be conducted in…

byFaraz Shauketaly08/11/2018
Dialog first to launch eSIM for Apple iPhones in Sri Lanka
BUSINESS

Dialog first to launch eSIM for Apple iPhones in Sri Lanka

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, announced the launch of embedded SIM (eSIM) support for Apple iPhones. Dialog…

byFaraz Shauketaly08/11/2018
Asiri Hospital Holdings buys 100 percent stake in Hemas Southern Hospitals
BUSINESS

Asiri Hospital Holdings buys 100 percent stake in Hemas Southern Hospitals

Hemas Hospitals yesterday announced the divestiture of Hemas Southern Hospital, taking a significant step to intensify its growth strategy and…

byFaraz Shauketaly06/11/2018
Pan Asia Bank surpasses 1 bn rupee after tax profit milestone for nine months
BUSINESS

Pan Asia Bank surpasses 1 bn rupee after tax profit milestone for nine months

Pan Asia Banking Corporation PLC, one of the fastest growing Sri Lankan commercial banks, reported its best ever profit recorded…

byFaraz Shauketaly01/11/2018
NDB posts record profitability for Q3 2018 – Pre-tax profits up by 25% to Rs. 5.7 billion
BUSINESS

NDB posts record profitability for Q3 2018 – Pre-tax profits up by 25% to Rs. 5.7 billion

National Development Bank PLC (NDB) posted impressive financial performance for the nine months ended on 30 September 2018, with record…

byFaraz Shauketaly31/10/2018
Seylan Bank records PAT of Rs. 3.1 billion in 3Q 2018
BUSINESS

Seylan Bank records PAT of Rs. 3.1 billion in 3Q 2018

The Bank closed the 9 months ending September 30 2018 with a post-tax profit of Rs. 3,138 million, a moderate…

byFaraz Shauketaly30/10/2018
Dialog with Universities Ruhuna and Moratuwa spearhead next-gen solutions for smallholder farmers
BUSINESS

Dialog with Universities Ruhuna and Moratuwa spearhead next-gen solutions for smallholder farmers

In a combined effort to provide Sri Lankan smallholder farmers with an affordable solution for protecting crop yields from adverse…

byFaraz Shauketaly25/10/2018
Budget deficit 5.3% says CB Chief
BUSINESSMain Story

Budget deficit 5.3% says CB Chief

Governor insists dedication to structural reforms remains crucial  Dismisses speculation of economic collapse; monetary and fiscal policy steadfast  Says deficit higher than 4.8% target…

byFaraz Shauketaly25/10/2018
Sri Lanka energy authority to distribute 1 million LED bulbs island wide
BUSINESS

Sri Lanka energy authority to distribute 1 million LED bulbs island wide

Sri Lanka’s Sustainable Energy Authority says it will distribute 1 million LED bulbs island wide next month. The Director General…

byFaraz Shauketaly23/10/2018
Mobitel demonstrates 5G with commercial infra at Techno 2018
BUSINESS

Mobitel demonstrates 5G with commercial infra at Techno 2018

Mobitel, Sri Lanka’s National Mobile Service Provider once again led Sri Lanka’s Technological and Digital advancements at Techno 2018. Sri…

byFaraz Shauketaly23/10/2018

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