manusath-derana

Top News

Haycarb records turnover of Rs. 15.5 billion and profit before tax of Rs. 926 million for 2017/18

The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 15.5 billion, profit before tax of Rs. 926 million and profit after tax of Rs. 774 million for financial year 2017/18. The earnings per share of equity holders of the company was Rs. 22.63 for the year. The Chairman of Haycarb PLC and its parent…

(0)Comments | May 15, 2018 3:17 pm

HNB Group records Rs 7.2 Bn PBT in Q1

• Group PAT Rs 5 Bn • Bank Cost to Income 36.3% • CASA Growth of 10% in 3 months HNB posted a strong start to 2018 with first quarter PAT growing by 22.5% to Rs 4.5 Bn, while the Group reported a PAT of Rs 5 Bn which is a 24% growth from last…

(0)Comments | May 15, 2018 3:10 pm

10 Things You Should Know About Port City Colombo

The Port City Colombo is the largest single foreign direct investment in Sri Lanka. The extent of the public parks at Port City Colombo is 9 times the size of Galle Face Green while the project will develop 45 Hectares of parks and 13 Hectares of beaches accessible to the public.   Watch the video…

(0)Comments | May 15, 2018 2:40 pm

Sri Lanka’s fuel Imports declines whilst Refined Fuel Imports increase

Sri Lankan government’s expenditure on refined petroleum imports had increased in recent months whilst fuel imports had been on a declining trend. The recent External Sector performance data from the Central Bank of Sri Lanka (CBSL) showed that the non-importation of crude oil due to the closure of the refinery for maintenance purposes and lower…

(0)Comments | May 15, 2018 12:07 pm

Gold Import rush widens trade deficit to US $ 1 Bn for a third consecutive month

Sri Lanka’s trade deficit had exceeded to US $ 1 billion in February 2018 for the 3rd consecutive month, the recent Central Bank’s (CBSL) report on External sector performance said. The report notes that a surge in gold imports was the primary driver behind the fastest increase in overall merchandise imports in nearly 3 1/2 years,…

(0)Comments | May 15, 2018 12:01 pm

Sri Lankan shares hit 5-week closing low on fuel price hike, foreign outflows

Reuters – Sri Lankan shares ended at a near five-week low on Monday, led by industrial shares such as John Keells Holdings, while foreign outflows and the recent fuel price hike weighed on sentiment, stockbrokers said. State-run fuel retailer Ceylon Petroleum Corp (CPC) raised retail prices for gasoline and diesel on Thursday midnight in response…

(0)Comments | May 15, 2018 10:31 am

Rupee down 3.2% against US Dollar this year up to May 11

The Sri Lankan rupee had depreciated by 3.2% against the US Dollar during the year 2018 so far up to 11th May 2018, the latest update on External Sector by Central Bank of Sri Lanka (CBSL) showed. Furthermore, reflecting cross currency movements, the rupee had also depreciated against other major currencies except for the Australian…

(0)Comments | May 14, 2018 5:01 pm

Global Innovation Index Founder to deliver keynote at SLASSCOM Innovation Summit and Awards 2018

Innovation has become the buzzword of the decade across the world. Understanding truly what it stands for and putting a metric behind it may seem an arduous task. But, the Global Innovation Index (GII) does just that.It produces a comprehensive broad-based model of measuring innovation that captures its complex nature in both developed and emerging…

(0)Comments | May 14, 2018 4:02 pm

Dialog Consolidates Performance with Strong 1st Quarter Results

Dialog Axiata PLC announced, Friday 11th May 2018, its consolidated financial results for the three months ended 31st March 2018. Financial results included those of Dialog Axiata PLC (the “Company”) and of the Dialog Axiata Group (the “Group”). Dialog Group continued its growth momentum across all key business segments including Mobile, Tele- infrastructure, Digital Pay…

(0)Comments | May 14, 2018 10:44 am

Mastercard and Sri Lanka Tourism Promotions Board Invite Indian Travellers to Discover the Best of Sri Lanka

Discounts on Flights, Hotel Stays and Shopping set to give Indians more reasons to visit Sri Lanka Mastercard and the Sri Lanka Tourism Promotions Bureau (SLTPB) are offering exciting opportunities for Indian travellers to avail the convenience of cashless payments and attractive discounts on dining, shopping and staying in Sri Lanka. This is part of…

(0)Comments | May 14, 2018 10:27 am