Dialog Television, a subsidiary of Sri Lanka’s premier connectivity provider, Dialog Axiata PLC announced the launch of Adhub.lk, a cutting-edge online platform for buying television ad spots on its direct to home Dialog Television. The online portal will enable startups, small and medium entrepreneurs and corporates to directly book advertising space with Dialog Television. Adhub.lk…
Xinhua – Bank of China opened its first branch in Sri Lanka’s capital Colombo on Wednesday evening. Sri Lankan Prime Minister Ranil Wickremesinghe, who was the Chief Guest at the ceremony said the opening of the Colombo branch was an important step in strengthening the island’s economy and it opened a new chapter in the…
Affirms commitment to Sri Lanka; The Coca-Cola Company and its partners to contribute USD 50 MN by 2023 March 29th 2018, Colombo: The President and CEO of The Coca-Cola Company, James Quincey, met with the Honorable Prime Minister Ranil Wickremesinghe, in his maiden visit to the country. Affirming the company’s commitment to Sri Lanka,…
Reuters – Sri Lankan shares hit a nine-week closing low on Wednesday, but turnover touched a six-year high as foreign investors exited from Lanka ORIX Leasing Company Plc. The Colombo stock index ended 0.23 points weaker at 6,440.20, its lowest closing level since Jan. 23. LOLC Holdings (Private Ltd) bought nearly 30 percent stake in…
NDB has been named the “Best Bank in Sri Lanka” by the prestigious Global Finance Magazine at the 25th Annual Best Bank Awards in the Asia Pacific. The award is conferred by the editors of Global Finance magazine, based on the growth in assets, profitability, geographic reach, strategic relationships, new business development and innovation in…
The revamped corporate website of the Central Bank of Sri Lanka (CBSL) was launched by Governor Dr. Indrajit Coomaraswamy on 28 March 2018. The URL for the site is https://www.cbsl.gov.lk. The main features of the new website include additional content, more dynamic and interactive features with improved functionality, mobile compatibility and active social media integration….
The daily turnover at the Colombo Stock Exchange topped the Rs. 13 billion limit this morning (28 March). This was due to a share transaction of Lanka Orix Leasing Company (LOLC). There was a transaction of 142,458,490 shares belonging to Orix Corporation of Japan, which is a prime shareholder of LOLC, at Rs. 90 per…
Sri Lanka’s rubber sector received a major opening from world’s leader in car production on 28 March. Slovakia, world’s leader in car production has called for using Sri Lankan rubber –specially rubber tyres -in its record setting car manufacturing industry. “We want to diversify our rubber intake and to this end want to expand the…
UL passengers can connect to Johannesburg and Mauritius SriLankan Airlines and Air Seychelles have entered into a Special Prorate Agreement that will enhance their respective route networks and provide greater travel options in a seamless manner to passengers of both airlines with effect from 1st April 2018. Capt. Suren Ratwatte, CEO of SriLankan Airlines, said:…
Reuters – Sri Lankan shares fell on Tuesday to their lowest close in nine weeks as negative sentiment over the island nation’s slower economic growth continued to weigh on the market. However, foreign investors bought a net 477.1 million rupees ($3.06 million) worth of shares, extending the year-to-date net foreign inflow to 7.4 billion rupees…
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