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Overseas Realty records Rs. 10.5 bn revenue, Rs 4.3 bn profit

BusinessChairman, Ajit Jayaratne and Group CEO/ Director, Pravir SamarasingheTags: Print EditionOverseas Realty (Ceylon) PLC recorded a steady growth in Revenue and Profitability, primarily driven by the Havelock City Residential…

JKH records strong EBITDA of Rs. 13.33 bn in Q1

BusinessChairman of John Keells Holdings Group Krishan BalendranTags: Print EditionJohn Keells Group’s EBITDA recorded a significant improvement to Rs.13.33 billion during the first quarter under review, which is an increase of 180%…

Ushering economic propriety to the East again

Oluvil Fisheries Harbour reopens todayBusinessShirajiv SirimaneTags: Print EditionOpening a new chapter in the Private Public Partnership history in Sri Lanka one of the largest sea food exporters in Sri Lanka TESS Group has come…

IMF cuts global growth to 3.2% amid Ukraine war, China slowdown

BusinessPhoto shows a long queue at a gas station in Colombo, Sri Lanka, on July 13, 2022. Tags: Print EditionThe International Monetary Fund on Tuesday projected global economic growth will slow to 3.2% in 2022, cutting the outlook by…

Emergency US$ 4 bn package to be negotiated with China – Ambassador Dr. Kohona

BusinessSri Lankan Ambassador to China Palitha KohonaTags: Print EditionSri Lankan Ambassador to China Dr. Palith Kohona said that they are to negotiate for an emergency US$ 4 billion package to help it emerge from an economic…

IFC Provides US$150 Million Funding Package to Dialog Axiata PLC Towards Broadband Infrastructure…

BusinessTags: Print Edition Photographed from Left to Right: Trinesh Fernando, Group General Counsel/Vice President - Group Legal and Regulatory, Dialog Axiata PLC, Wong Hong Zhou, Group Chief Financial Officer, Dialog Axiata PLC,…

Ceylon Chamber appoints ‘Panel of Evaluators’ for BCCS Awards

BusinessTags: Print EditionFollowing the launch of the application process for the Best Corporate Citizen Sustainability Awards 2022, the Ceylon Chamber of Commerce announced the appointment of the Panel of Evaluators, Chaired by Dr.…

Dialog Club Vision Members Receive Access to an Exclusive Screening of ‘Jurassic World Dominion’

BusinessTags: Print EditionIn a bold and breath-taking new global adventure, the epic conclusion to the Jurassic film franchise ‘Jurassic World Dominion’ hit theatres across the world on June 10. Just a day after its global premiere,…

SLT-Mobitel to muster Rs. 400 mn through land lease

‘IMF bail out should be followed with expense cut-down’BusinessShirajiv SirimaneGroup Chairman, Sri Lanka Telecom, Rohan Fernando addresses the gatheringTags: Print EditionEven if you go to the IMF for 50 times it will not create a…