Business

BusinessManaging Director of Fadna Chamendra Somathunga receives the award Tags: Print EditionFadna, a leading functional tea manufacturer in Sri Lanka, has been recognized for its unwavering commitment to commercializing quality and…

BusinessTags: Print EditionClaimee from HNB General Insurance is a simplified digital solution that will take you just a few minutes to initiate a claim. This solution is powered by DigiEye, a renowned company that enables digital services…

BusinessTags: Print Edition Tuesday, May 16, 2023 - 01:00

BusinessTags: Print Edition Tuesday, May 16, 2023 - 01:00

BusinessTags: Print Edition Tuesday, May 16, 2023 - 01:00

BusinessTags: Print EditionThe bourse closed after a volatile trading session as the index fell below 8,900 points during midday yet recovered towards the end partially offsetting the losses as it halted at 8,906 losing 22 points. Moreover,…

BusinessTags: Print EditionSriLankan Airlines Group has made an operating profit amounting to Rs 1.7 billion in the year according to the audited financial statement and before the occurrence of exchange losses. “This is a significant…

BusinessChairman Asgi Akbarally andManaging Director/CEO Mohamed AzmeerTags: Print EditionAmana Bank PLC achieved a double digit growth (10%) in Profit Before Tax for Q1 2023, to close at Rs 423.5 million in comparison to Rs 385.8 million…

BusinessTags: Print EditionDuring the year up to May 12, 2023, the Sri Lankan rupee appreciated against the US dollar by 15.8% according to the Central Bank. Given the cross currency exchange rate movements, the Sri Lankan rupee appreciated…

Post-tax profitability up by 33% to Rs 805 MnBusinessChairman Sriyan Cooray and Director, CEO Dimantha SeneviratneTags: Print EditionNational Development Bank PLC posted satisfactory results for the first quarter of 2023 reordering a…