Perpetual Treasuries Limited has reportedly earned a profit after tax of over Rs. 10 billion within 14 months through the controversial Central Bank Treasury Bond trading. While Perpetual Treasuries Limited belonging to the nephew of former Governor of the Central Bank of Sri Lanka is a primary dealer in Sri Lanka, the company’s annual financial…
SriLankan Airlines is proud to once again facilitate the air travel of the Take Heart Mercy Mission (www.takeheartmercymission.com), a team of medical specialists from the United Kingdom who travel to Sri Lanka every year to perform life-saving heart surgery on young children with life-threatening heart defects. This is the 12th consecutive year that the medical…
Reuters – Sri Lankan shares closed below a key psychological level of 6,500 on Thursday in thin trade as most investors stayed on the sidelines awaiting directions from corporate results and the budget scheduled for early next month. The benchmark index of the Colombo Stock Exchange fell for a fourth straight session and ended 0.35…
MTI Consulting, as part of an initiative to scale up its corporate finance and investment advisory practice, recently announced the appointment of Naushervan “Naush” Beg, a Canadian-Pakistani with formidable international experience in financial services, capital markets, private equity and investment facilitation. In Sri Lanka as part of a regional road show, Beg shared his views…
Chennai: French auto major Renault is recalling an estimated 50,000 units of its best selling entry level small car Kwid in India to rectify a faulty fuel system and add a hose clip. Renault India is conducting a pre-emptive and voluntary inspection of select 0.8 L variants (800cc) of Kwid that were produced up to…
Sri Lanka expects to host the World Economic Summit by next year, said State Minister for International Trade, Sujeewa Senasinghe while speaking to the media on the Trading Floor of the Colombo Stock Exchange this morning (13 October). While speaking further, Senasinghe added, “We have gained an opportunity to hold the World Export Development Forum…
UN’s apex industry body is planning for much larger intervention in Sri Lankan industry sector-and has reiterated its support for the industry development vision of Sri Lanka’s national unity government. “In the next country policy for Sri Lanka, UNIDO is keen to build a more comprehensive industry support level” said UNIDO Representative and Regional Director…
The Brandix Group was declared the sole winner for HR Excellence in South Asia (excluding India), at the 2016 HR Awards of the Society for Human Resource Management (SHRM), the world’s largest professional association devoted to the sphere. Sri Lanka’s top ranked exporter and the largest employer in the country’s export sector was presented the…
A tourism promotion program was organized by the Embassy of Sri Lanka in Tehran on 09 October 2016 with a view to further promoting tourism between Sri Lanka and Iran. The program which was held at the Embassy of Sri Lanka in Tehran was attended by a group of leading tour/travel operators in Tehran and…
Sri Lankan shares hit a two-week closing low on Wednesday, their third straight session of losses, as increased risk appetite by foreign investors failed to offset selling pressure on index heavyweights and financials ahead of corporate results. Trading volumes were moderate as cautious investors waited for announcements of corporate results for the September quarter starting…
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