Business

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…

BusinessPeople’s Bank Chairman Sujeewa Rajapakse presents a cheque to Derana Media Network Vice Chairman Laksiri Wickramage.Tags: Print EditionIntending to provide nutritious meals to undernourished children under the age of five years,…

BusinessTags: Print EditionCeylon Institute of Builders organizes the seminar on “Resolving Current Issues in the Construction Industry”, which will be held on 15th November 2022 from 4.30 - 6.30 p.m. at Sri Lanka Foundation Institute,…

BusinessTags: Print EditionIndia may log a growth rate of eight per cent of real Gross Domestic Product (GDP) in FY23, said the former Vice-Chairman of NITI Aayog Arvind Panagariya. “I am willing to go out on a limb on this”, he said. The…