Business

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…

BusinessDr Mohamed Ali Chatti amongst other senior officials from the BOI and IsDB.Tags: Print EditionIslamic Development Bank of Saudi Arabia Director of Islamic Financial Sector Development Department Dr Mohamed Ali Chatti and Bank…

BusinessManaging Director Jayantha Rangamuwa and Founder Director Anuradha Perera opening the corporate office.Tags: Print EditionVallibel Finance, a leading finance company under the renowned Vallibel group, opened its new corporate office…

BusinessTags: Print EditionFinancial News Friday, June 2, 2023 - 01:00

BusinessTags: Print EditionIndex surged up during the day, gaining 136 points on the back of the relaxation of monetary policy rates by 250 bps, which surpassed investors’ expectations. The entire broader market was up today with shares…