Prime Minister Ranil Wickremesinghe addresses the world business community and invites them to connect with Sri Lanka by showcasing the country’s business and investment potential through the CNBC network. The Premier in a short vignette shares Sri Lanka’s illustrious trading history, the country’s strategic geographical placement and investment potential as the nation steadily moves forward…
~ Swedish Cars (Private) Limited introduces the all new Volvo XC90 Swedish Cars, an IWS Holdings company, which recently became the importer and distributor of Volvo’s cars in Sri Lanka, will soon launch a line of luxury cars displaying Volvo’s stylish transformation and its first interpretation of a new brand direction, where design has an…
Profit after tax improves by 4.18% to Rs. 720Mn Net Loan book grows by 4.27% to Rs. 201Bn Total assets up by 5.99% to Rs. 314 Bn Seylan Bank, recorded a strong quarterly performance with Profits after Income Tax reaching Rs. 720 Million, for the 3 months ended 31st March 2016, a 4% increase over…
A delegation from the Millennium Challenge Corporation, a US Government agency, held discussions with the Ceylon Chamber of Commerce, during their recent visit to the country. The delegation was met by the Chairman of the Ceylon Chamber of Commerce Mr. Samantha Ranatunga, The Board Director, Mr. Vish Govindasamy, CEO of the Chamber, Mrs. Dhara Wijayatilake…
Turnover at Rs 6.7 Billion & Profit After Tax at Rs 654 Million Piramal Glass Ceylon PLC (PGC) ended a very successful year with a record growth in Turnover & Profitability. The company recorded its highest ever turnover this year of Rs. 6,755Mn and a profit after tax (PAT) of 654Mn. With this achievement the…
Sri Lanka Tourism will participate in the Arabian Travel Market (ATM), the tourism industry’s leading travel and tourism exhibition within the Middle Eastern and Pan Arab regions, in Dubai from 25 -28 April, 2016. Middle East is identified as one of the main tourist generating market as per the Sri Lanka Tourism Strategy and ATM…
The Port of Colombo was represented at a major international forum this month by Colombo International Container Terminals (CICT) following an invitation extended by the organisers to CICT General Manager – Commercial & Marketing Tissa Wickramasinghe to be a speaker and panellist at this prestigious forum. The TOC Asia (Terminal Operator Conference) took place in…
A now defunct Lankan chemical pioneer is to be revived and construction work shall start before the end of this year to revive the historic manufacturing giant. “We have earmarked Rs 525 Mn to start work on the Paranthan Chemicals Factory in Kilinochchi, The construction work will begin before the end of this year” said…
Tea factory owners support the views of the RPCs with regard to enhancing productivity Other industry stakeholders have joined the Regional Plantations Companies (RPCs) in calling for an output-linked remuneration mechanism, to put the country’s estate sector, plagued by a number of issues, on a more sustainable footing through much-needed productivity improvements. In response to…
A nine member Sri Lankan business delegation, led by the Ceylon Chamber of Commerce, recently visited South Africa, Zambia and Rwanda to explore commercial opportunities in those countries. Representatives from companies such as Jinasena Private Limited, Kelani Cables PLC, Hayleys PLC, Dankotuwa Porcelain PLC, Union Chemicals Lanka PLC, Jinasena Infotech Private Limited, Macksons Paints Industries…
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