Business

BusinessAmana Bank Managing Director and CEO Mohamed Azmeer and Chairman Asgi Akbarally along with IsDB Group Act. Director General Amer Bukvi.Tags: Print EditionAmãna Bank recently participated in the much acclaimed 48th IsDB Annual…

BusinessTags: Print EditionJohn Keells Holdings (JKH) expects the tourist arrival numbers to hit normal by December of this year. Booking data and growing momentum in interest suggests that the company and the broader industry would hit…

BusinessTags: Print EditionThe International Monetary Fund (IMF) has rejected Pakistan’s request to reduce the requirement of securing $6 billion in additional loans, leaving the government with no choice but to salvage the agreement,…

BusinessAjay Banga Tags: Print EditionAjay Banga, an Indian-born finance and development expert, began his five-year term as World Bank Group President on June 2, 2023. Banga most recently served as Vice Chairman at General Atlantic.…

BusinessTags: Print EditionDuring the year up to June 2, 2023, the Sri Lankan rupee appreciated against the US dollar by 24.2%. In addition, the Rupee also appreciated very strongly against the British Pound. The Pound was sold at Rs.…

BusinessTags: Print EditionSanasa General Insurance Company (SGIC), marked a milestone in its history by achieving record growth of 53% in the first quarter of 2023, thereby becoming the local insurance company with the highest growth rate.…

AASL posts Rs 4.80 Bn PAT in 2022BusinessChairman Maj. Gen. (Retd) G.A. ChandrasiriTags: Print EditionAirport and Aviation Services (Sri Lanka) (Private) Limited (AASL) will record an Rs. 20.2 billion net profit for the 2023 year-end, said…

BusinessMinister De Silva with PSA International, CEO, Won Chee Fung Singapore overlooking the Singapore Port.Tags: Print EditionPSA International Private Company which carries out the operations and development of the Singapore port has…

BusinessTags: Print EditionMelanie Janine Kanaka, FCMA (UK), CGMA, the first Asian lady appointed as the President of the Chartered Institute of Management Accountants (CIMA) recently met President Ranil Wickremesinghe. The meeting was also…

BusinessDefence Minister Rajnath Singh during an interaction with the Indian community in Abuja, Nigeria.Tags: Print EditionDefence Minister Rajnath Singh highlighted India’s growing importance on the world stage owing to its fast-expanding…