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BusinessTags: Print EditionHNB PLC, was ranked among the Top 1,000 World Banks for the sixth consecutive year by the prestigious Banker Magazine. Based in the United Kingdom, The Banker Magazine is a premier global banking and finance…
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BusinessTags: Print EditionDiversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) continued to demonstrate resilience amidst prevailing macro-economic conditions, reporting an impressive top-line growth of 59% YoY. The…
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BusinessTags: Print EditionColombo bourse continued its upward trend recording over Rs. 3 bn turnover which LIOC contributed more than 45% of day’s turnover after the announcement of Sri Lanka’s Ministry of Power and Energy authorising…
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BusinessTags: Print EditionKorean Ambassador Santhush Woonjin JEONG met with the Governor of the Northern Province Jeevan Thiagarajah in Kilinochchi and discussed ways to promote cooperation between Korea and the Northern Province of…
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BusinessTags: Print EditionGlobal telecom gear makers say that they expect India to account for about 15 per cent of the worldwide market for the 3.5 GHz-based 5G radio and network. The vendors are assuming that the telcos will be able…
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Working with govt. authorities on restructuring the airlineBusinessShirajiv SirimaneTags: Print EditionSrilankan airlines losses around USD 7 million each month due to difficulties the airline faces in obtaining aviation fuel, said…
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LocalTags: Print EditionAn eight-member Committee has been appointed to propose recommendations on restructuring the Ceylon Electricity Board (CEB), Power and Energy Minister Kanchana Wijesekara said. He said the Committee is expected…
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BusinessTags: Print EditionThe Bourse ended the week on a positive note this week with ASPI increasing by 602.22 points (or 7.79%) to close at 8,333.37 points, while the S&P SL20 Index also increased by 279.78 points (or 11.43%) to…
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BusinessTags: Print EditionThe People’s Merchant Finance PLC (PMF) announced the appointment of Terrance Kumara as the Deputy Chief Executive Officer of the Company with effect from 15th June 2022. He served for SANASA Development Bank…
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The Indian MICE market is a ‘low hanging fruit’BusinessHilmy CaderTags: Print EditionTourism, along with foreign remittances, offers Sri Lanka the fastest, most impactful way to scale up the country’s foreign currency reserves. To…
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