Archives

People’s Leasing & Finance records Rs 4.66 bn PAT in FY 2021/22

BusinessChairman Sujeewa Rajapakse and CEO/GM Shamindra MarcellineTags: Print EditionDespite uncertainties and many challenges, People’s Leasing and Finance PLC a leader in Sri Lanka’s Non-Banking Financial Institution (NBFI) sector,…

Union Assurance honours Rs. 1.4 bn in claims in Q1

BusinessTags: Print EditionUnion Assurance PLC, despite operating in a challenging environment, closed its first quarter with progress across key areas ranging from gross written premium to profit before tax and total net revenue. It…

“Aeroflot issue may impact on SL”

Tourism, tea to suffer biggest bruntQuick diplomatic solution neededBusinessShirajiv SirimaneTags: Print EditionThe commercial court decision to suspend an Aeroflot flight from leaving Colombo airport will bring in major negative…

BOI goes digital to allure FDI, boost business efficiency

BusinessTags: Print EditionBoard of Investment (BOI) with the advent of new technology trends especially Industry 4.0, has set up a paperless documentation platform where any enterprise registered under the BOI can submit relevant…

Orient Finance posts 143% growth in PTP in FY 2021-22

BusinessChairman Rajendra Theagarajah, and Director and Chief Executive Officer K. M. M. JabirTags: Print EditionOrient Finance PLC’s strong fundamentals and customer-centric business model continued to empower the company to overcome…

SLTDA moots tourism revival plan targeting over 800,000 arrivals

BusinessFizel JabirSLTDA Chairman Priyantha FernandoTags: Print EditionThe Sri Lanka Tourism Development Authority (SLTDA) has presented a short, medium and long-term tourism revival plan leading up to March 2023 in a bid to attract…

Solid Q1 performance bolsters Union Assurance

BusinessCEO, Asha PereraTags: Print EditionUnion Assurance PLC has begun 2022 with yet another strong performance, achieving impressive financial growth. Despite operating in a challenging environment, the Company closed its first…

Softlogic Group’s FY22 Gross Profit up 52% to Rs. 39 bn

BusinessAshok PathirageTags: Print EditionSoftlogic Group’s financial performance for financial year 2022 reflects strong results across all business verticals amidst heightened market volatility and economic woes. Consolidated Annual…

Dialog SmartLife App introduced for Three Sinha Roller Doors

BusinessManjula Ariyakumara, the Managing Director of Three Sinha Group and Navin Pieris, Group Chief Officer - Dialog Enterprise of Dialog AxiataTags: Print EditionThe Three Sinha Group, a leading roller door company in Sri Lanka, has…