This year’s most awaited event for YouTube enthusiasts are all geared up to arrive in Colombo. With the overwhelming response to the event, of a massive amount of registrations close to 1000, Organizers are anticipating a fun filled event to embark on an active community of YouTubers and companies who are making the most of…
The total number of tourist arrivals to Sri Lanka during July 2018 was 217,829, compared to July last year, there is a growth of 6 % when the arrivals were 205,482, latest data from Tourism office highlights. As at July 31, 1,382,476 tourists had visited Sri Lanka for this year. It is a 13.7 %…
The Bank closed the 6 months period ending 30th June 2018 with a post-tax profit of Rs.1,875Mn and a pre-tax profit of Rs.3,882Mn underpinned by good growth in business volumes and improved operating margins. Despite increased impairment charges slowing the bottom line growth, the Bank recorded a resilient performance in the back drop of industry…
Sri Lanka’s most digitally innovative bank HNB PLC announced the launch of a new support services platform to drive scalable Exports and Enterprise Resource Planning (ERP) solutions to meet the requirements and aspirations of Sri Lanka’s burgeoning Small and Medium Enterprise (SME) sector. The launch of both new platforms were formalised of MOUs signed between…
The Chamber of Young Lankan Entrepreneurs (COYLE), in collaboration with Japan External Trade Organization (JETRO), announced its plans to organize the very first “Sri Lanka Corporate Health & Productivity Awards”. The two organizations launched this new award to raise public recognition of enterprises engaging in health and productivity management and to thereby further promote such…
CIM Sri Lanka to hold its fifth Talking Point Programme for this year The Chartered Institute of Marketing Sri Lanka will be hosting its fifth Talking Point Programme for this year under the theme ‘Building and sustaining a brand – A captain’s viewpoint’ on 13th August 2018 from 6.00 pm onwards at the Union Ballroom,…
Reuters – Sri Lankan shares declined for a second straight session on Tuesday and posted their lowest close in nearly four weeks, as foreign investors sold stocks such as conglomerate John Keells Holdings Plc, brokers said. The Colombo stock index ended 0.41 percent lower at 6,117.63, its lowest close since July 11, and has declined…
Advantis Engineering, a subsidiary of Hayleys Advantis Limited, recently entered into a Memorandum of Understanding (MOU) with global pre-engineered building giant ATAD Steel Structure Corporation. This latest partnership is in keeping with the company’s ongoing efforts to bring sustainable, cost effective and rapid construction solutions to Sri Lanka. Pre-engineered steel buildings are tailor-made solutions…
Foreigners sold over Rs. 1.2 Bn Government Securities in last week of July 2018 The latest data from the Central Bank of Sri Lanka points out that Foreigners had gradually exited from Sri Lanka’s Government Securities (Treasury Bills and Treasury Bonds) to the amount of over Rs. 165.6 billion in just three and a…
The Dipped Products Group posted Rs.7.6 billion turnover for the first quarter ended 30th June 2018. Group Profit before Tax (PBT) for the quarter improved to Rs.326 million, compared to Rs. 93 million recorded for the same period of the previous year. The Hand Protection segment posted a growth of 3% in turnover amounting to Rs….
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