Category: In Pictures
Maldives hands over financial assistance to Sri Lanka
Minister of Foreign Affairs, Ravi Karunanayake, met with Special Envoy of the President of Maldives Dr. Mohamed Asim, Minister of Foreign Affairs of Maldives on Wednesday, at the Ministry of Foreign Affairs. The two Ministers discussed several issues of importance relevant to bilateral relations of the two countries. The Special Envoy condoled with the Minister […]
LOLC records historic profit before tax of Rs24bn
Sustaining its unblemished track record, LOLC Group concluded an excellent year sealed by its strongest financial performance to date. For the year ended 31st March 2017, the Group recorded PBT of 24.4Bn and PAT of Rs. 20.9Bn, an increase of 106% and 124% respectively, compared to the previous year. The consolidated gross income grew by […]
State Finance Minister Eran Wickramaratne assumes duty
The newly appointed State Minister of Finance Eran Wickramaratne assumed his duties at the Ministry of Finance Thursday Morning. Secretary to the Ministry of Finance Dr. R.H.S. Samarathunga, Deputy Secretary to Treasury, G.D.C. Ekanayaka and the Additional Secretary to the Ministry R. Semasinghe were Present.
Sunshine Holdings records strong growth despite challenging market condition, Revenue up 10.3-pct
(PRESS RELEASE) • PAT improves sharply by 33.1% YoY to Rs. 1.6 billion • Healthcare revenue up 9.8% YoY to Rs 7.9 billion revenue • Agri revenue grew 3.2% YoY to Rs. 6.5 billion • FMCG revenue grew 22.5% YoY to Rs. 4.2 billion May 31, 2017: Sunshine Holdings PLC posted consolidated revenues of Rs. […]
Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management
Unilever’s Project ArunellaWorks with Communitieson Sustainable Waste Management (PRESS RELEASE) – Initiative Eliminates Garbage Dumps in Agarapathana Region Together With Authorities and Local Community The Arunella Waste Management project spearheaded by Unilever Sri Lanka’s CeyteaFactory in Agarapathanarecently achieved the complete elimination of waste being dumped in and around the KothmalaOya in the surrounding towns of […]
Australia provides Rs57mn humanitarian assistance to Sri Lanka
Australia’s Foreign Minister the Hon Julie Bishop MP has announced that the Australian Government will provide urgent humanitarian assistance to Sri Lanka to assist those dealing with the devastating floods and landslides. Responding to a request from the Sri Lankan Government, Australia will provide LKR 57 million (A$500,000) to meet urgent needs, including the deployment […]
SriLankan expands network to Myanmar from June
SriLankan Airlines will expand its network to Yangon, capital of Myanmar, from 1st June 2017, with the commencement of a codeshare partnership with Myanmar Airways International (MAI), one of Myanmar’s best-known airlines. SriLankan will codeshare on flights operated by MAI between Bangkok and Yangon; and also Singapore and Yangon; while MAI will codeshare on flights […]
Update: UN Sri Lanka – 2017 Monsoon Floods and Landslides
(PRESS RELEASE) – Office of the UN Resident Coordinator Flash Update No. 3: Sri Lanka | 2017 Monsoon Floods and Landslides 30 May 2017 As flood waters recede and roads cleared, the Government continues to validate the number of affected people and casualties. As of 30 May (18:00, UTC+5:30), 604,700 people have been affected according […]
International relief continues following weather disaster in Sri Lanka
(PRESS RELEASE) – The International community has been continuously extending assistance following the inclement weather that wrecked havoc in the country last week Minister of Foreign Affairs Ravi Karunanayake says 18 countries have already taken steps to provide assistance in many forms. The minister stated these views at a media conference held in Colombo after […]
Pakistan naval ship arrives in Sri Lanka with relief goods
In a bid to help its Sri Lankan brethren, the Naval Ship PNS ZULFIQUAR dispatched by Government of Pakistan has arrived with relief goods at Colombo Port, today. The Acting High Commissioner of Pakistan, Dr. Sarfraz Ahmed Khan Sipra handed over the relief goods to the Minister for Foreign Affairs of Sri Lanka , Hon. […]
United Nations support Flood Relief efforts
(PRESS RELEASE) – A formal request for support by the Government of Sri Lanka was received by the UN Resident Coordinator’s Office on 26 May 2017 following the onset of the monsoon and its impact in the Southern and Western regions of the country. An estimated 230,000 people in Sri Lanka are currently affected by […]
Virtusa Announces Fourth Quarter and Full Year 2017 Consolidated Financial Results
Fourth quarter fiscal 2017 revenue of $226.0 million increased 4.0% sequentially and 31.5% year-over-year. Fourth quarter fiscal 2017 diluted EPS was $0.34 on a GAAP basis, and $0.43 on a non-GAAP basis. Fiscal year 2017 revenue of $858.7 million increased 43.0% year-over-year. Fiscal year 2017 diluted EPS was $0.39 on a GAAP basis, and $1.25 […]