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Exemption of landing charges for Mattala & Ratmalana Airports further extended
Sri Lanka’s Cabinet nod has been received to extend the exemption of landing and parking charges for Mattala Rajapaksa International Airport and Rathmalana International Airport till July 19, 2021. At the Cabinet meeting held on 21 December 2020, the Cabinet approved to exempt international charter flights from landing charges as an incentive to attract Airlines.
SEC conducts workshop for CFOs of potential listed companies
The Securities and Exchange Commission of Sri Lanka (SEC) recently conducted a forum for the Chief Financial Officers (CFOs) of several private companies with the view of encouraging them to list on the Colombo Stock Exchange (CSE). The SEC has had a continuous dialog with all stakeholders of the capital market and has emphasized on […]
Hayleys delivers its best ever PAT of Rs. 8.20bn; Foreign currency earnings exceed USD 443mn
The Hayleys Group maintained its growth momentum in the first nine months of FY 2020/21, delivering its highest ever pre-tax profit of Rs.11.51 billion which represents a tripling of profitability compared to the corresponding period of last year. The performance reflects exceptional growth in the core performance of the Group’s export-oriented businesses, relentless focus on […]
VIDEO: The Idea Hub E01: Haycarb PLC – The talk of the town
A brief overview of the coverage on Haycarb PLC by Softlogic Stockbrokers.
PUCSL approves power purchase deal to build 300MW Kerawalapitiya LNG power plant
The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator has approved the power purchase agreement to build a 300 MW Kerawalapitiya Liquid Natural Gas power plant in Sri Lanka under the new chairmanship and the board members last week (13 Feb 2021). The power purchase agreement will be signed by the Ceylon […]
John Keells IT earns highly acclaimed SAP on Azure Advanced Certification
John Keells IT, a leading boutique consulting and professional services company and one of the pioneers in driving cloud adoption in the region, has achieved the rare feat of “SAP on Azure Advanced Certification” demonstrating its long-term commitment to the leading technology partners: SAP & Microsoft. “We are very pleased to attain the SAP on […]
Pelwatte receives 463 Mn project facility from SAPP for dairy farming
Pelwatte Dairy, the pioneering domestic Dairy Milk Producer has secured 463 Million from the SAPP (Smallholder Agribusiness Partnerships Programme). Pelwatte Industries reveals its plans to catalyze and distribute it amongst 1000 Dairy Farmers in the upcoming 6 months as its first phase. SAPP is a programme implemented by the Ministry of Agriculture that aims to […]
Resus Energy connects first of its ground-mounted Solar PV power plants to national grid
Diversifying its portfolio, Resus Energy PLC, a forerunner in renewable energy, operating a number of mini-hydropower stations in Sri Lanka, recently connected the first of its ground-mounted Solar PV plants to the national grid. The development rights were secured from a government tender floated under the Sooriya Balasangramaya programme to procure 60 x 1MW Solar […]
I ask you to be confident; ongoing negotiations will produce results soon: CBSL Governor
Governor of Sri Lanka’s Central Bank, Professor W D Lakshman requests people to be confident as ongoing negotiations with overseas agencies will produce results within one and a half months time. Speaking to journalists in Colombo yesterday (12), the Governor emphasized that in spite of the doomsday predictions, they will continue to maintain the country’s […]