Sri Lanka Telecom (SLT) and Mobitel, together with the Ministry of Telecommunication and Digital Infrastructure, launched the Digital Roadmap for the Northern Province in the presence of officials and the national media at the Auditorium of the Jaffna District Secretariat in Jaffna. The Roadmap unveiled SLT Group’s progress towards achieving the national goal of transforming…
SriLankan Airlines, the National Carrier of Sri Lankan and a member of the oneworld alliance, organized a familirization tour for a group of journalists representing leading publication in China. China being one of the Airline’s key markets and one of the top tourism feeder markets of Sri Lanka, the Airline has been steering many initiatives…
Agriculture is the foundation of Sri Lanka—from the economy to the culture, it has influenced all the important facets of what makes a nation then, and continues to do so, to date. This sector, which consists of domestic and export sub-sectors, contributes to our economy in the forms of income, employment, foreign exchange, food and…
Amnesty International today issued a travel warning calling for possible travelers and visitors to the United States to exercise extreme caution when traveling throughout the country due to rampant gun violence, which has become so prevalent in the United States that it amounts to a human rights crisis. It aims to hold up a mirror to the…
Lower performance in consumer goods and agribusiness sectors has pushed back Sunshine Holdings PLC’s top-line performance growth during the first quarter of the current financial year (1QFY20) as the diversified Sri Lankan conglomerate reported consolidated revenue of Rs. 5.2 billion, a decrease of 6.5% YoY(Year-on-Year). However, the degrowth of the two business sectors has been…
Dialog Axiata PLC announced its consolidated financial results for the six months ended 30th June 2019. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”). The Group ended the 1st Half of 2019 on a strong note, continuing its growth momentum across Mobile, Fixed Line, Digital Pay Television and…
Broad attention was drawn to enhance trade relations between the two countries President Maithripala Sirisena who is on a state visit Cambodia, on an invitation extended by the Government of Cambodia, attended a Business Forum organized by the Cambodian Chamber of Commerce, Wednesday (07) in Phnom Penh. The Cambodian Prime Minister Samdech Akka Moha…
Winning streak and the success story extend into financial year 2018/2019 PBT growth of a whopping 118%, revenue growth at 45% Major improvements in Operating Cashflow before Working Capital changes surpassing Rs. 1.39 billion across the group for the reporting year Repositioning and transformational initiatives working positively, propelling positive financial results across all subsidiaries …
(Reuters) – Sri Lanka’s state-run airline is set to report a loss of up to$160 million loss this year, as tourism in the island nation suffers following the Easter bombings, the carrier’s chief executive said. Cash-strapped SriLankan Airlines has cut ticket prices, reduced ground handling charges, and offered discounts to prevent empty seats on its…
(Reuters) – Sri Lankan shares closed firmer on Wednesday, snapping six straight sessions of losses and recovering from a near two-week closing low in the previous session, as investors bought beaten-down stocks. ** The rupee ended slightly stronger as exporter dollar sales surpassed importer greenback demand. ** The benchmark stock index ended 0.73% higher at…
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