Business

Lankan owned Peace Air to take wings on Feb. 4

Creating aviation history, Sri Lanka’s first privately owned airline, Peace Air is scheduled to be airborne from February 4 (Independence Day), Chairman Peace Air Pvt Ltd, Gamini H. Wethasinghe told...

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Lankan owned Peace Air to take wings on Feb. 4

NSB CHAIRMAN RESIGNS

Air India adds second flight to Colombo

Vallibel Finance PBT soars to Rs. 1.03 bn

Singer 1H revenue up by 14% to Rs. 28.6 bn

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NSB CHAIRMAN RESIGNS

The Chairman of the National Savings Bank Ashwin de Silva resigned his post yesterday with immediate effect citing personal reasons.“I have tendered my resignation yesterday...
Air India adds second flight to Colombo

Air India the national carrier of India will operate its second daily flight from New Delhi to Colombo from December 15.The flight would arrive in Colombo International...
Vallibel Finance PBT soars to Rs. 1.03 bn

Vallibel Finance PLC returned yet another impressive report card with profits before tax (PBT) for the six months ending September, 2018 reaching a record high of Rs 1.03...
Singer 1H revenue up by 14% to Rs. 28.6 bn

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

JKH announces repurchase of shares

John Keells Holdings PLC (JKH) in a disclosure to the Colombo Stock Exchange announced that the Board resolved to offer to repurchase one out of every 20 ordinary voting shares at a price of Rs 160...
Book on Sri Lankan Economy launched

A book on the development and the negative side of Sri Lankan economy during the past three years, written by Minister Dr. Bandula Gunawardane was launched by Prime Minister Mahinda Rajapaksa at a...
Sri Lanka – France Business Council Welcomes New French Ambassador

Niroshini Sivagananathan, Secretariat, Hervé Sarnelli, Economic Counsellor, Embassy of France, Senaka Amerasinghe, President of the Sri Lanka – France Business Council, Eric Lavertu, Ambassador of...
Union Chemicals Lanka wins Bronze at Presidential Environmental Awards 2018

Union Chemicals Lanka PLC clinches the Bronze award at Presidential Environmental Awards 2018 recently.This event was organized by the Central Environmental Authority (CEA) at Bandaranaike Memorial...
Seminar on ‘Winning Marketing Strategies for Shopping Malls’ on Nov. 16

Acclivity Training announces that an eminent panel of speakers is coming together to elaborate on ‘Winning Marketing Strategies for Shopping Malls’ at a day seminar on November 16, 2018, at the...
SIP Academy conducts ‘18th International SIP Prodigy 2018’

SIP (Sociable Intellectual Progressive) Academy Private Limited Sri Lanka successfully conducted the ‘18th International SIP Prodigy 2018’recently.More than 1000 children between 7 to 12 years from...
Fund’s six-month profit exceeds profit recorded

LVL Energy Fund PLC with an operational footprint covering Sri Lanka, Bangladesh and Nepal, recorded a strong financial performance in the first half of the current financial year, which is reflected...
Goldi Sands Negombo to expand with Rs 700 mn

Goldi Sands Negombo, one of the oldest hotels to be opened in Negombo will invest Rs 700 million to add an extension to Goldi Sands Hotel Negombo.The construction of the extension has already begun...
Aitken Spence Hotels win big at South Asia Travel Awards 2018

Aitken Spence Hotels secured several awards at the recently held South Asian Travel Awards (SATA) 2018 in Mumbai, India.Launched in 2016, the prestigious awards for travel and tourism stakeholders in...
Nihal Shantha & Sons wins Presidential Export Award

Owner of Nihal Shantha and Sons Nihal Shantha, a renowned cinnamon exporter in the country was awarded the Presidential Exports Award for Emerging Exporter of the Year in the Spice Exports Category....
Due to Forex Loss despite Strong Revenue Growth: Dialog NPAT dips 3% YTD

Dialog Axiata PLC Group continued its growth momentum across Mobile, Fixed Line, Digital Pay Television and Tele-infrastructure businesses to record consolidated revenue of Rs.80.6 Bn for the nine...
DSI Premier showroom launched at CCC

D. Samson & Sons (Pvt) Ltd celebrated the opening of its DSI Premier Showroom at the Colombo City Centre on recently.The showroom is located at Sir James Peiris Mawatha, Colombo is the 7th DSI...