Business

Solid 248% growth in exchange incomeBusinessHarsha Amarasekera, Nanda FernandoTags: Print EditionNotwithstanding the extremely challenging economic conditions which prevailed, Sampath Bank registered a profit before tax (PBT) of Rs 6.5…

BusinessAruni Goonetilleke and Jonathan AllesTags: Print EditionIn the backdrop of turbulent market conditions, Hatton National Bank PLC continued to demonstrate resilience, strength and stability, posting a profit before tax of Rs 5.9…

BusinessTags: Print EditionDialog Axiata PLC announced, its consolidated financial results for the three months ended March 31 2022. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group…

BusinessTags: Print EditionThe External Sector report for February 2022 shows that there had been significant growth in the importation of tradable items into the economy. Despite merchandise exports growing 14.7% to just over US$ 1…

BusinessShirajiv Sirimane in BengaluruTags: Print EditionChief Minister of Karnataka Basavaraj Bommai,  and  Minister of  State for Road Transport & Highways & Civil Aviation, Government of India  General V K Singh,  inaugurate…

Records consolidated revenue growth of 5.4% to Rs 26 bn in Q1 2022BusinessRoshan Fernando, Lalith Seneviratne, Janaka Abeysinghe and Chandika VitharenaTags: Print EditionSri Lanka Telecom Group (SLT Group) recorded a consolidated…

BusinessChairman - Asgi Akbarally and CEO Mohamed AzmeerTags: Print EditionAmana Bank PLC recorded its best ever quarterly performance since inception recording an impressive 78% YoY growth in Profit Before Tax (PBT) and a 92% YoY…

BusinessTags: Print EditionHydropower companies in Sri Lanka had the opportunity to interact with Nepal’s Ministry of Energy, Water Resources and Irrigation (MOEWRI) and Nepal Electricity Authority (NEA) on the investment opportunities…

‘Infrastructure key to boost Indian Economy’BusinessShirajiv Sirimane IndiaTags: Print EditionBangalore: Construction sector will have a major contribution to Indian Prime Minister’s Narendra Modi’s vision to make India a USD 5…

BusinessTags: Print EditionThe National Chamber of Exporters of Sri Lanka (NCE) in a statement expressed satisfaction on the statement made by President on May 11 that a Prime Minister and a Cabinet will be appointed within a week,…