INSURANCE INDUSTRY ACTS FAST; DEPLOYS LOSS ADJUSTERS

2018-05-28   |   Business

National Insurance Trust Fund provides Rs 40m for flood relief The National Insurance Trust Fund Board (NITF) has released Rs. 40 million to provide ...

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Ceylinco Insurance announces ‘record’ 315 percent dividend

2018-05-28   |   Business

Ceylinco Insurance PLC, announced an incomparable dividend of Rs.31/50 per share to its shareholders for the year 2017, which constitutes aÂ...

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Aitken Spence ups FY18 pre-tax profit by 22% to record Rs. 6.4 b

2018-05-23   |   Business

Aitken Spence Plc recorded a steady financial performance for the 12 months ending 31 March 2018 with a 22% year-on-year growth in profit-before-tax f...

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Hayleys first listed firm to cross $1b turnover

2018-05-22   |   Business

Building on a strong momentum gathered over the final quarter of FY 2017/18, Sri Lanka’s leading diversified conglomerate Hayleys PLC announced a re...

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National Export Strategy for Cabinet nod soon - Malwatte

2018-05-22   |   Business

Export target for 2018 scaled up to US$ 17.8 bn Measures to increase exports by 15% annually Sri Lanka’s exports in 2017 has grown by 15% to U...

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Hackers transfer US$13 mn from businessmen via emails: CERT

2018-05-19   |   Business

The Computer Emergency Readiness Team | Co-ordination Centre (CERT|CC) said yesterday they had received complaints about fraudsters hacking into email...

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Business confidence falls to a 70-month low

2018-05-19   |   Business

The latest edition of business magazine LMD reports a decline of 19 basis points in the LMD-Nielsen Business Confidence Index (BCI). It fell to 98 in ...

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Scam causes Rs. 10 m loss at CPSTL, Arjuna to probe

2018-05-17   |   Business

An alleged scam has caused a loss of Rs. 10 million at the Ceylon Petroleum Storage Terminal (CPSTL) on the day fuel prices were hiked, prompting Mini...

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Singer revenue in 1Q up 13% to Rs. 13.6 b despite challenging environment

2018-05-16   |   Business

Singer (Sri Lanka) Plc yesterday announced a 13% increase in revenue to Rs. 13.6 billion in the first quarter of 2018 in spite of challenging business...

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Facebook to empower entrepreneurs in SL

2018-05-16   |   Business

Facebook’s global ‘Boost Your Business’ program is now available for the youth and entrepreneurs of Sri Lanka. Recognizing the potential of the ...

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