Business

Sampath Group’s pre-tax profit exceeds Rs. 10 bn in 1H -2018

Sampath Bank’s Group pretax profit for the first half of the year exceeded Rs 10.3 Bn (28.2% growth) while Sampath…

7 years ago

De La Rue injects further Rs 2B in FDI

De La Rue, the leading global identity and currency printing business first entered into a Joint Venture (JV) with the…

7 years ago

Hilton Colombo leagues ahead of others

2017 revenue crosses Rs. 3 b mark, gross profit up 23%  Chairman optimistic recent measures by Govt. to put the national economy back…

7 years ago

Lankan govenment reworking MoU on airport deal with India

The Sri Lankan government is reworking on the draft of a memorandum of understanding to hand over the management of…

7 years ago

Afghanistan opens $3TN oil, gas, and mineral deposits to Sri Lanka

Afghanistan which packs over US $ 3 trillion in identified natural resources has issued an open call to Sri Lankan…

7 years ago

Smartphone Rankings Shaken Up Once Again as Huawei Surpasses Apple

Moving into Second Position While Overall Market Declined 1.8% in Q2 2018, According to IDC According to preliminary data from…

7 years ago

SOE debt Rs 1.4 T – IMF

The outstanding debt of State-owned Enterprises (SOEs) last year stood at 10.8 per cent of the gross domestic product (GDP),…

7 years ago

‘Lanka among top five fastest growing tourism markets’

GlobalData has ranked Sri Lanka as the fourth fastest growing tourism market in the world. Iceland, Japan, Hungary, Sri Lanka…

7 years ago

Sri Lanka, China, India jointly invest US$ 700 mn to develop Lankan ports

Sri Lanka Ports Authority (SLPA), China and India are jointly investing over US$ 700 million to develop three key ports…

7 years ago

Commercial Bank opens micro-finance company in Myanmar

Two years after opening its representative office in Yangon The Commercial Bank of Ceylon has opened a microfinance company as…

7 years ago