President Sirisena to undertake state visit to Australia
President Maithripala Sirisena will undertake a state visit to Australia on 24-26 May 2017 at the invitation of Prime Minister Malcolm Turnbull. The visit …
In Pictures
Hemas VAT Reclaim Service helps SL biz travelers recover VAT on travel costs
Hemas Travels, the local representative for Hogg Robinson Group (HRG), the global travel management company with representation in over 120 countries, has been …
Acting US Asst. Secretary of State calls on Minister Samaraweera
Acting US Assistant Secretary of State for South and Central Asian Affairs Mr. William E. Todd called on Minister Mangala Samaraweera yesterday (22). He is the …
Hayleys crosses Rs 100 billion turnover in 2016/17
Leading Sri Lankan conglomerate Hayleys PLC concluded the 2016/17 financial year with its strongest performance to-date, setting a new benchmark for the …
Lamudi hosts its third real estate expo in Sri Lanka this June
International real estate platform Lamudi delivered not just one but two successful expos in Sri Lanka last year. Following the popularity of these events, a …
Janashakthi records double digit growth in premiums in Q1 2017
Janashakthi Insurance PLC (Janashakthi) reported a 14% Year on Year (YoY) growth in consolidated Gross Written Premium (GWP) which stood at Rs.3.789 billion …
Sri Lankan real estate to be recognised at PropertyGuru Asia Property Awards
(PRESS RELEASE) • Nominations are ongoing until 25 August for the industry’s premier event • Domestic winners to compete for regional accolades to …
PwC’s Academy workshop on Strategic Business Performance Management
PwC’s academy has organised a high end executive education programme aimed at C-suite executives and financial professionals to provide latest insights on …
Virtusa Polaris Named Among UK’s Top Employers
(PRESS RELEASE) – VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting & Services, Ltd., and a leading …
Commercial Bank makes strong start to 2017 in all key performance areas
(PRESS RELEASE) Loan book tops Rs 659 billion Deposits gain momentum to Rs 781 billion Increased cost of funds reduce margins Higher taxes impact bottom line …
Sri Lanka NDB Investment Bank Goes Regional with Ooredoo Maldives IPO
(PRESS RELEASE) The premier investment bank in Sri Lanka NDB Investment Bank (‘NDBIB”) recently launched the Initial Public Offering (“IPO”) of …
SLRA launches Sri Lanka’s first Retailers’ Forum
Sri Lanka Retailers’ Association (SLRA) aims to be the apex body of the retail industry in Sri Lanka with an ambitious vision of ‘Achieving Retail …
Vesak celebrated at UN Headquarters in New York
The Day of Vesak was celebrated at the United Nations Headquarters in New York on 10th May 2017 in accordance with the UN General Assembly resolution 54/115 …
Sri Lanka’s forest-based strategy to combat climate change
(PRESS RELEASE) – Colombo, Sri Lanka, 9th May, 2017: It is now an established fact that the root cause of rapidly increasing changes in climatic …
Workshop on fresh fruits for export market
The Technical Services Division of the Industrial Development Board of Ceylon (IDB) Under Ministry of Industry and commerce has made arrangements to conduct …
Sri Lanka Chamber of Medical Devices Industry appoints new board
The Sri Lanka Chamber of Medical Devices Industry recently appointed its new board for the year 2017. Comprising of 47 members representing the medical devices …
President inaugurated Tokyo Cement’s 2nd biomass power plant in Trinco
President Maithripala Sirisena ceremoniously inaugurated Tokyo Cement’s 2nd Biomass Power Plant in Trincomalee on the 5th of May, as part of a series of …
Bank of Ceylon relocates its Disaster Recovery Center
Press Release: Sri Lanka’s Bank of Ceylon, re-launched its Disaster Recovery Center (DRC) with the State-of the-art technology and new facilities recently. …
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, 2017. …
CA Sri Lanka members recognized as forensic accounting specialists
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 sectors …