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Colombo bourse back in green territory

BusinessTags: Print EditionColombo bourse bounced back to the green territory yesterday with local and foreign investor interest. Thus, All-Share Price Index increased by 3.2 points (+0.0%) to close at 8,910.6 for the day whilst…

Ideal First Choice expands to Kurunegala

BusinessTags: Print EditionIdeal First Choice, the multi-brand total aftercare arm of the Ideal Group, expanded its branch network by opening another service center at Kurunegala recently. The Kurunegala Ideal First Choice Service…

SLIC enters into strategic tie-up with Ceylon Motor Traders Association

BusinessTags: Print EditionSri Lanka Insurance entered into a strategic tie up and signed a Memorandum of Understanding (MoU) with the Ceylon Motor Traders Association (CMTA) the representative body of Sri Lanka Automotive industry to…

New UK DCTS facility to benefit Sri Lanka immensely -President NCE

BusinessTags: Print EditionThe decision by the UK government to replace the current UK GSP with the Developing Countries Trading Scheme (DCTS) will benefit Sri Lanka, President National Chamber of Exporters, Ravi Jayawardena said. He…

Dankotuwa Group GP up by 86%, to Rs. 208 mn in 1Q

BusinessTags: Print EditionDankotuwa Porcelain PLC, posted impressive results for the Q1 of the financial year 2022/2023 recording revenue of Rs. 788.4 million for the Q1 of the financial year 2022/23, a 56% growth when compared to Rs.…

HNB Assurance Group records 31% Growth in GWP during 1H of 2022

BusinessTags: Print EditionHNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) recorded a Gross Written Premium (GWP) of Rs 7.4 billion depicting a steady growth of 31% during 1H of 2022.…

Canada and Sri Lanka sign MoU to implement Volunteer Cooperation program

BusinessThe MoU being exchangedTags: Print EditionCanada and Sri Lanka signed a Memorandum of Understanding (MoU) to implement the WUSC Volunteer Cooperation Program 2020-2027. David McKinnon, High Commissioner of Canada to Sri Lanka…

President award bankers

BusinessTags: Print EditionThe Organization of Professionals hosted the 35th Annual Conference and the third National APEX awards of the Organisation of Professional Associations of Sri Lanka (OPA) at the Cinnamon Lakeside Hotel,…

CBSL Governor rebuffs erroneous news items

BusinessTags: Print EditionCentral Bank Governor Dr. Nandalal Weerasinghe says that Sinhala translations of articles construed to be authored by him in English, which have been circulating in websites and social media platforms, was…