Hela Clothing secures Rs.1.2bn capital infusion

2018-11-27   |   Business

Sri Lankan apparel manufacturer Hela Clothing Group yesterday announced that it had secured a capital infusion of Rs.1.2 billion, by way of a mix of s...

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Sri Lanka's private sector moving ahead despite power stand-off

2018-11-21   |   Business

Dave Group unveils innovative John Deere farming technology in Sri Lanka, at an event held at Colombo Hilton yesterday. (L-R) Vinayak Vasagade Sales M...

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'Positive outcomes from adjustments on gold and motor vehicle import tariffs'

2018-11-15   |   Business

The adjustments on gold and motor vehicle import tariffs coupled with good rainfall in catchment areas, which has positive implications for local hydr...

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Sampath Bank surpasses Rs.14 billion mark in Pre-Tax Profit

2018-11-14   |   Business

Sampath Bank achieved Rs.14.2 billion in Profit Before Tax (PBT) within the first 3 quarters of 2018, 20.3% higher than the PBT of Rs.11.8 billion rec...

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SC order: Resounding victory for people’s franchise

2018-11-14   |   Business

UNP Leader Ranil Wickremesinghe today said the interim order issued by Supreme Courts suspending the dissolution of Parliament was a resounding victor...

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Singer first half revenue increases by 14% to Rs. 28.6 billion

2018-11-13   |   Business

Singer (Sri Lanka) PLC announced its results for the first half ended September 30, 2018. Despite tough business conditions, the results for the six m...

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ohn Keells Group revenue up 10%, profit to equity holders up 37%

2018-11-08   |   Business

John Keells Group revenue at Rs.32.57 billion for the period under review is an increase of 10 per cent over the Rs.29.62 billion recorded in the prev...

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CWC holds special discussion with Finance Ministry

2018-11-06   |   Business

A special discussion was held between the Secretary to the Ministry of Finance and the Ceylon Workers’ Congress (CWC) today (05) regarding the inc...

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Jetwing Symphony delivers strong financial results for Q2 2018/19

2018-11-05   |   Business

Jetwing Symphony PLC (JETS), the investment arm of Jetwing, last week announced strong financial results for Q2 FY 2018/19. The company recorded a re...

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Mangala exposes economy’s great peril post MS-MR deal

2018-11-05   |   Business

Net outflow of Rs. 4 b from CSE last week dwarfs Jan.-Sept. figure Says outflows putting major pressure on rupee in an already fragile global eco...

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