Business

BusinessTags: Print EditionThere is likely to be continued volatility on the exchange rate level for limited time periods, over the next few months due to uncertainties on the economic and political fronts. Accordingly, we believe LKR…

BusinessGroup CEO Hanif YusoofTags: Print EditionThe Expolanka Group posted a revenue of Rs. 242.bn (YoY + 220%), a Gross Profit of Rs. 46.0bn (YoY + 287%) and a profit after tax of Rs. 31.03bn (YoY + 680%) for the quarter ending March…

BusinessTags: Print EditionNepal banned imports of cars, alcohol, tobacco and other luxury items Wednesday and shortened its work week to help conserve its dwindling supply of foreign exchange. A notice published in the government…

‘We never discourage this segment’:BusinessShirajiv SirimaneD. C. R. AbeysekeraTags: Print EditionThe Ceylon Electricity Board (CEB) has not discriminated nor cold shoulder the Renewable Energy sector and CEB treats them as a huge…

BusinessTags: Print EditionChairman of Sri Lanka Ports Authority (SLPA) Dr. Prasantha Jayamanna the has emphasized that all port operations are taking place as normal, yesterday (28). Accordingly, all terminals of the Port of Colombo…

BusinessTags: Print EditionFour outstanding professionals from Sadaharitha Plantations, a leader in commercial forestry in Sri Lanka, were felicitated with winning titles at the recently concluded National Sales Congress Awards 2020,…

BusinessTags: Print EditionNational Development Bank PLC was awarded the coveted “Bank of the Year Sri Lanka” title as adjudged by Global Finance USA for the year 2022 in its 29th edition of awards for the World’s Best Banks. The…

BusinessChairman Osman Kassim-CEO Gehan RajapakseTags: Print EditionAmana Takaful Life Insurance (ATLI) Sri Lanka’s homegrown life insurance provider, has reported a huge healthy net profit growth in Year (Y) 2021, steadily bouncing…

BusinessDula Seneviratne Vavuniya North Group Corr.US Ambassador Julie Chung met relatives of missing persons and also met representatives of the Muslim Forum, on her visit to the North.Tags: Print EditionUS Ambassador Julie Chung who…

BusinessTags: Print EditionThe official selling rate of the US Dollar as announced by the Central Bank yesterday stands at Rs 350.4972 whilst the buying rate of the US Dollar has been declared Rs. 337.8229. The selling rate of Sterling…