Buyback offer lifts John Keells (JKH) stock out of the doldrums
December 8, 2018 (LBO) - Sri Lanka's stock market bellwether John Keells Holdings (JKH) has seen its stock price rise sharply since the start of Sri Lanka's …
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STAX Head of Research reaches the finals of Bracken Bower Prize
(PRESS RELEASE) - STAX has long been known to attract top talent from some of the world’s most prestigious universities and corporates. Its Head of Research …
Softlogic Life completes victorious 2018 by becoming Sri Lanka’s most awarded life insurer
(PRESS RELEASE) - Ending the year on a winning spirit, Sri Lanka’s number one health insurer, Softlogic Life, has become the country’s most awarded life …
Sampath Bank Ranked One of Country’s Top Ten Corporate Citizens
(PRESS RELEASE) Also Wins Category Award for Governance at Best Corporate Citizen Sustainability Award 2018 Sampath Bank was recognized as one of Sri Lanka’s …
CK Hutchison and Etisalat complete combination of their operations in Sri Lanka
Dec 05, 2018 (LBO) - Emirates Telecommunications Group Company PJSC (“Etisalat Group”) has completed the sale of its 100 percent shareholding in Etisalat …
GSK to divest Horlicks and other consumer healthcare nutrition products to Unilever
Dec 03, 2018 (LBO) - GlaxoSmithKline plc (LSE/NYSE: GSK) today announced the divestment of Horlicks and other consumer healthcare nutrition brands to Unilever …
Sri Lanka BOI ink deal for USD29Mn Braybrooke Residential Towers
Nov 30, 2018 (LBO) - Sri Lanka's state investment agency, the Board of Investment signed an agreement with Braybrooke Residential Towers (Pvt) Ltd to set up an …
Sri Lanka Insurance gets new Chief and board
Nov 30, 2018 (LBO) - A new Chairman and board of Directors has been appointed to the Sri Lanka Insurance corporation with effect form 29 November 2018. …
Sri Lanka’s retail industry to be a prominent and important pillar of the economy
Nov 28, 2018 (LBO) - Increasingly the significance of retail as an industry, as a value creator for the economy, as an employer and as a catalyst of growth …
Ceylinco Life appoints eminent banker Jegan Durairatnam to its Board
Ceylinco Life Insurance Limited (Ceylinco Life) has announced the appointment of career banker Jegan Durairatnam to its Board as an Independent Non-Executive …
Multi-Lingual Websites – What’s in it for your business?
We live in a time where borders and concepts of division are viewed in a negative light and inclusivity, diversity and acceptance are becoming more and more …
SEC hosts APEC FRTI Regional Seminar on Enforcement and Litigation
The Securities and Exchange Commission of Sri Lanka (SEC) hosted a five day Asia Pacific Economic Cooperation (APEC) Financial Regulators Training Initiative …
Sri Lanka’s Hela Clothing secures private capital infusion of Rs.1.2Bn
Nov 27, 2018 (LBO) - Hela Clothing Group, an apparel manufacturer has secured a capital infusion of 1. online pharmacy buy strattera with best prices today …
Sri Lanka BoI ink four investment deals
Nov 23, 2018 (LBO) - The Board of Investment of Sri Lanka recently signed four agreements for projects in apparel, logistics, plant tissue and packaging, a …
Fitch Affirms Sunshine Holdings at ‘A-(lka)’; Outlook Stable
Nov 16, 2018 (LBO) - Sri Lanka-based Sunshine Holdings PLC's National Long-Term Rating has been affirmed at 'A-(lka)' with a stable outlook, Fitch Ratings …
Ceylinco Life appoints new Chairman and MD
Nov 16, 2018 (LBO) - Ceylinco Life Insurance Limited (Ceylinco Life) has announced the appointment of R. Renganathan, the Company’s managing director/CEO, …
Sri Lanka’s Altair adjudged best condo in Asia for architectural design
Nov 16, 2018 (LBO) - Sri Lanka’s Altair has beaten condominium developments in 15 countries in Asia including Singapore, Hong Kong, Japan, China and …
Sri Lanka’s Hattion National Bank 9 month Group PAT at Rs14.5Bn
Nov 15, 2018 (LBO) - Hatton National Bank PLC (HNB) reported a Profit After Tax (PAT) of 14.5 billion rupees at Group level for the nine months to September …
Ceylinco Life’s 9-month net profit up 62-pct to Rs3.28Bn
Nov. 15, 2018 (LBO) - Sri Lanka's Ceylinco Life has reported profit before tax of 3.734 billion rupees for the period nine months ending 30th September 2018. …
Vallibel Finance pre-tax profits grow by 28.2-pct to Rs.1.03Bn
Vallibel Finance PLC returned yet another impressive report card with profits before tax (PBT) for the six months ending September, 2018 reaching a record high …