Sampath Bank surpasses Rs 2Bn mark for PTP in quarter ended March 31
(PRESS RELEASE) – Sampath Bank surpassed Rs 2.0 billion mark to achieve post tax profit (PTP) of Rs 2.3 billion for the quarter ended March 31, …
(PRESS RELEASE) – Sampath Bank surpassed Rs 2.0 billion mark to achieve post tax profit (PTP) of Rs 2.3 billion for the quarter ended March 31, …
May 08, 2017 (LBO) – Sri Lanka’s Lankem Ceylon said it had bought a 100 percent stake in Kiffs (Private) Ltd, a pet bottle maker for 225 …
May 08, 2017 (LBO) – Asian shares traded mostly higher on Monday following victory of Emmanuel Macron in the French elections on Sunday. Macron …
May 05, 2017 (LBO) – The Central Bank of Sri Lanka, on behalf of the government, has successfully priced a 1.5 billion dollar 10-year …
Over 40 members of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), who hold senior management positions in the public and private …
May 05, 2017 (LBO) – Sri Lanka’s exports dropped 3.8 percent to 865 million dollars in January 2017, while imports grew at a faster 13.2 percent …
May 05, 2017 (LBO) – Tourist arrivals in Sri Lanka rose 17.5 percent to 160,249 in April, after falling in the previous two months, with growth …
May 05, 2017 (LBO) – Sri Lanka’s newly enacted Right to Information (RTI) Act if used effectively can be key for the country’s …
May 04, 2017 (LBO) – SriLankan Airlines has recorded an unaudited group loss of 6.49 billion rupees for the financial year before finance and …
May 04, 2017 (LBO) – Sri Lanka’s electricity sector regulator, the Public Utilities Commission, has approved a time-based optional tariff for the …
For the first time in Sri Lanka’s corporate history, heavy fees levied for registering a new Company, has been scrubbed by the government in a big …
The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Mr. Ray Abeywardena as the Chairman of the Board of Directors of the CSE …
The Central Bank on 26.04.2017 mandated the primary dealers and licensed banks to use the Bloomberg electronic bond trading platform to trade …
May 04, 2017 (LBO) – Fitch Ratings has assigned Sri Lanka’s upcoming US dollar-denominated bonds an expected rating of B+(EXP). The rating …
May 04, 2017 (LBO) – Sri Lanka’s proposed Inland Revenue Act plans to include investment incentives which provide massive depreciation allowances …
May 04, 2017 (LBO) – Sri Lanka’s cabinet has given the go ahead to gazette and present in Parliament the new Inland Revenue Bill, as …
May 04, 2017 (LBO) – Sri Lanka’s new Inland Revenue Act seeks to introduce a three-tier simplified tax structure for corporate entities. Higher …
May 04, 2017 (LBO) – Sri Lanka will enter into a loan agreement with the French Agency for Development (AFD) to fund projects for green energy …
May 04, 2017 (LBO) – One year into the construction of the LAUGFS LPG Import and Export Terminal in Hambantota, the first phase, with a 30,000 …
May 04, 2017 (LBO) – An IMF team has reached staff-level agreement with Sri Lankan authorities on the second review under a three-year Extended …
The Ceylon Chamber of Commerce is encouraged by the prospects of regaining the GSP Plus trade preferences and is hopeful that the final vote at the …
May 03, 2017 (LBO) – Sri Lanka seeks to regulate water services industry by introducing a new law which includes guidelines to regularizing the …
May 03, 2017 (LBO) – Speaker Karu Jayasuriya today informed Parliament that the Supreme Court has declared that the proposed foreign exchange bill …
May 03, 2017 (LBO) – Sri Lanka’s Police has launched an ePolice certificate system with the help of ICTA for the issuance of Police Clearance …