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Local innovative automobiles in display

BusinessVignettes of the eventTags: Print EditionA special feature introduced at the recently concluded National Industrial Exhibition Industry - 2022 held at BMICH was the parade held to promote the local vehicle industry at the…

Gulf Oil Lubricants powers Gajaba Supercross 2022 with exclusive sponsorship

BusinessSanjeewa Kasthuriratne, Head of Business Gulf Lubricants, Ideal First Choice presents trophy to Ashan Silver, Winner of Super Car category and famous motor racing championTags: Print EditionKicking-off the first racing event…

Sujith Auto Electricals shines in Silver at Industrial Excellence Awards

BusinessManaging Director Sujith Auto Electricals Sujith Senaweera receiving the Silver Award Tags: Print EditionSujith Auto Electricals (Pvt) Ltd , Matara operating for nearly 2 decades has been able to secure the Silver Award in…

Lanka to attract USD 200 mn FDI, create 2,000 jobs

Proposed Techno Park in Walahanduwa, GalleBusinessPresident Gotabaya Rajapaksa inspecting the construction of the technology city park Tags: Print EditionSri Lana will be able to attract over USD 200 million of foreign direct…

Pan Asia Bank achieves Rs. 3 bn PAT in 2021 – up by 50%

BusinessTags: Print EditionPan Asia Banking Corporation PLC reported a remarkable performance for the year 2021 to report a Pre-Tax Profit of Rs. 4,034 million and a Post-Tax Profit of Rs.3,075 million with growth rates of 42% and 50%…

Govt losing money due to cement shortage – CIOB

BusinessTags: Print EditionDue to the severe shortage of cement, high prices of building iron, aluminum, P.V.C. pipes, wiring material, roofing material, tiles, bathroom fittings, door locks, sand, gravel and all other material…

Hela Apparel Holdings commences operations in Egypt

BusinessTags: Print EditionFollowing the conclusion of its successful listing on the Colombo Stock Exchange, Hela Apparel Holdings has expanded its global footprint by formally commencing operations at its latest factory in Egypt…

HNB posts Rs. 20.1 bn Group PAT

Total Deposits surpass Rs. 1 TrillionBusinessTags: Print EditionHatton National Bank PLC (HNB) solidified its position as one of the most sustainable and strongest banks recording a well-rounded performance in 2021. Group Profit After…

“Exchange rate offers fair opportunity for all”

BusinessDinesh PereraCBSL Governor Ajith Nivard CabraalTags: Print EditionCBSL Governor Ajith Nivard Cabraal noted that the Central Bank had taken a more holistic view of both the exchange rate and interest rates and that these two…