Business

BusinessChairman Amal CabraalTags: Print EditionRecording another quarter of sound financial performance in a challenging economic backdrop, diversified conglomerate Sunshine Holdings (CSE: SUN) posted consolidated revenue of Rs. 24.9…

Aims to be regional tech conglomerateBusinessGroup Chairman Rohan FernandoTags: Print EditionSri Lanka Telecom Group (SLT Group), the National ICT Solutions Provider, has reported positive overall revenues of Rs 79.6 Bn, a consolidated…

BusinessTags: Print EditionHatton National Bank PLC posted a profit before tax of Rs 12.4 Bn and a profit after tax of Rs 10.5 Bn during the nine months which ended September 2022 while the Group recorded a profit after tax of Rs 11.6 Bn.…

BusinessTags: Print EditionThe Sampath Bank reported a PAT of Rs 7.2 Bn and PBT of Rs 9.3 Bn for the period ended 30th September 2022, reflecting a decline of 19.8% and 24.4% respectively, from the figures reported for the corresponding…

Ties bank lending to AWNDRBusinessTags: Print EditionGiven the effectiveness of tight monetary policy and the government’s success in renegotiating credit, the Central Bank (CBSL) has changed the computation of the Advance Bank Rate. From…

BusinessTags: Print EditionPresident Ranil Wickremesinghe in his capacity as the Finance Minister is expected to present Budget 2023 to Parliament today (14) at 1.30 p.m, looking at measures to revive Sri Lanka’s economy amid a tough phase.…

BusinessAruna PereraTags: Print EditionCFA Society Sri Lanka is part of the worldwide network of CFA Institute member societies that lead the investment profession globally and announced the appointment of Aruna Perera, as its 10th…

BusinessLOLC Finance Chairman Conrad Dias, Group MD Kapila Jayawardena, and LOLC Finance CEO Krishan Thilakaratne at the opening of the Branch at Hill Street, Kandy.Tags: Print EditionLOLC Finance, the largest Non-Banking Financial…

BusinessTags: Print EditionThe Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, has raised growing concern about the current standing of the local retail sector. If the retail sector collapses…

BusinessConnaissance de Ceylan (Pvt) Ltd Directors with Large Minority Travel UK, at the WTM in LondonTags: Print EditionSri Lanka will host three ‘Lanka Challenge Tuk Tuk’ (world-famous three-wheeled adventure) events next year bringing…