Advantis Projects relocates Sri Lanka’s Lakdhanavi power plant to Sudan
Advantis Projects, the project logistics arm of Hayleys Advantis Group, recently relocated the 24MW Lakdhanavai power plant from Sapugaskanda to Nyala, Sudan, …
In Pictures
Sri Lanka CSE and Korea Exchange agree to pursue mutual development
The Colombo Stock Exchange (CSE) and Korea Exchange (KRX) announce the signing of a memorandum of understanding (MoU) to establish a collaborative relationship …
PM to visit India tomorrow to join 5th Global Conference on Cyberspace
Prime Minister Ranil Wickremesinghe is due to leave on an official visit to India on the 21st of November 2017. He will have a bilateral meeting with the …
Allianz Lanka report PBT of Rs.68Mn
(PRESS RELEASE) – Allianz Insurance Lanka, the general insurance company, recorded Gross Written Premium (GWP) of Rs.3.92 billion during the period under …
Sri Lanka’s strategic plan of WFP on food security & nutrition approved
At the second Executive Board Meeting of the World Food Programme (WFP), held on 15th of November, at WFP Headquarters in Rome, Italy, the Country Strategic …
Tense situation occurred in Gintota last night fully under control: Sagala
The tense situation occurred in Gintota last night has completely been brought under control, with law and order being established in the area, Law and Order …
Fitch Ratings assigns LB Finance A- (lka)/Stable) rating for debentures
(PRESS RELEASE) – Fitch Ratings has assigned LB Finance PLC’s (LB; A- (lka)/Stable) proposed senior unsecured and subordinated debentures final …
Airtel partners with Google for online purchasing for 1st time in Sri Lanka
For the first time in Sri Lanka customers will be able to purchase apps and other digital content through their Airtel recharges or reloads launching with …
Fitch affirms Sunshine Holdings at A(lka); outlook stable
Fitch Ratings has affirmed Sri Lanka-based Sunshine Holdings PLC’s National Long-Term Rating at ‘A(lka)’. The Outlook is Stable. The rating …
CSE to conduct a full day of trading from the Disaster Recovery site
(PRESS RELEASE) – The Colombo Stock Exchange (CSE) is to conduct a planned full day of trading from the Disaster Recovery site using ATS Version 7 …
First Capital records profit after tax of Rs731Mn for 1H 2017/18
First Capital Holdings PLC (the Group) recorded a profit after tax of Rs. 731Mn for the 1st half of 2017/18, a substantial increase compared to Rs. 406Mn in …
HNB pre-tax profit up by 4-pct to Rs. 16.8Bn upto Sept
(PRESS RELEASE) – Hatton National Bank Plc (HNB) continued its growth momentum to post a Group Profit before VAT and NBT of Rs. 20.7 billion while PBT to …
ODEL heralds a bigger, bolder and ‘baubled’ Christmas
(PRESS RELEASE) – Big spaces, bigger brands and the biggest baubles you have seen have come into dramatic play this Christmas at Sri Lanka’s snazziest …
Nokia 2: two-day battery life on a single charge
HMD Global, the home of Nokia phones, recently announced the launch of the Nokia 2. Nokia phones are associated with great battery life; today, we announce a …
Hemas achieves revenue growth of 11.6-pct
(PRESS RELEASE) – Hemas Holdings PLC (HHL) and its subsidiaries achieved consolidated revenue of Rs.23.0 billion, a year-on-year (YoY) growth of 11.6% …
I have no reason to meet Gamini Senarath: Sagala
Sagala responds to baseless and malicious allegations It is widely known that a small clique affiliated with the top-brass leaders of the previous government …
Blue Ocean Group crowned Lanka’s Best Developer at Asia Property Awards 2017
(PRESS RELEASE) – Sri Lankan real-estate and construction giant, the Blue Ocean Group was aptly recognized as the country’s finest at the Asia …
Sri Lanka’s leading lights receive accolades at PropertyGuru Asia Property Awards 2017
(PRESS RELEASE) – PropertyGuru, Asia’s foremost online property company, has named the most outstanding developers condominium, residential and …
DFCC Bank launches “Premier Go”- first ever premier banking interactive app
DFCC Bank PLC launched “DFCC Premier Go”, the first ever premier banking app in the industry, exclusively for its Premier customers, at a special launch …
Piramal Glass Ceylon announces financial results for Q2 , F18
1st Half FY-2017-18: Piramal Glass Ceylon PLC has reported its results for the 1st Half of the year FY 2017-18 with Rs. 3,082 million of Revenue & Rs. 154 …