2021

The Board of Investment (BOI) continues to strengthen its foundation and lead the orchestration in attracting market transforming FDI in order to realise the vision set out by the government of Sri Lanka to double GDP in this decade.…
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A strong second quarter, during which its loan book crossed the milestone of Rs 1 trillion, another first by a local private bank, has generated noteworthy growth in key indicators for the Commercial Bank of Ceylon Group for the six…
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Aitken Spence PLC made an impressive comeback in the first quarter ending 30th June 2021 by recording a 145% increase in Profit Before Tax (PBT) of Rs. 1.2 billion compared to Rs. 513 million in the previous year from the non-tourism…
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Bank of Ceylon while marking their 82nd Anniversary ensuring the strengthening of its undisputed leadership position whilst focusing on assisting economic revival made the highest disbursement under “Saubagya” Working Capital Loan…
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India has the potential to become a superpower and it needs significant achievements in the fields of education, health and industry to make the cut, Defense Minister Rajnath Singh said recently. He also mentioned the country’s…
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The Milk Powder Importers Association (MIA) yesterday expressed concern over the Government’s decision of offering tax concessions on milk powder imports to curtail the shortage of the country’s milk powder supply and said they are not…
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The recent move by the government to ensure the availability of fertiliser critical for the country’s agriculture sector is welcomed by all industry stakeholders – including the Regional Plantation Companies (RPCs), which cultivate…
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The Bank of Ceylon does not face a foreign currency crisis and has sufficient dollars to open LCs, Chairman Bank of Ceylon Kanchanna Ratwatte said. Speaking at a special press conference in view of their 82nd anniversary he said…
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The Sri Lanka Freedom Party (SLFP) has said the country needs a mixed electoral system and the Executive Presidency should continue. The SLFP has also proposed that proper procedures should be put in place to prevent the…
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