In an effort to encourage outbound tourism from Jordan to Sri Lanka, the Embassy of Sri Lanka in Jordan on 02 August, hosted a meeting at the Chancery to promote “Destination Sri Lanka” with leading tour and travel Representatives and officials of airlines currently flying to Sri Lanka to encourage and revive interest in visiting Sri Lanka. The…
Working on identified opportunities to strengthen bilateral trade and investments with the Philippines in key sectors, the Embassy of Sri Lanka in Manila, has been making strides in bridging Philippine ICT-BPM players with their reputed Sri Lankan counterparts to spur win-win collaborations, partnerships, and prospective investments. The Embassy, in cooperation with the Sri Lanka Association…
First Capital Holdings PLC (the Group), a member of the Janashakthi Group recorded a Profit after Tax of LKR 136Mn for the first quarter of 2021 (1st Quarter of 2021/22) compared to LKR 1.46Bn in the corresponding period of the previous year. The results are attributed to lower contribution of trading income of the Group’s…
The Information and Communication Technology Agency of Sri Lanka (ICTA), in partnership with Startup Genome, the global research and policy advisory firm recently held a webinar titled “Accelerating the Sri Lankan Startup Ecosystem” in an effort to create awareness about the current positioning of the local startup ecosystem and its way forward. The webinar was…
Leading insurer Janashakthi Insurance PLC, announced the appointment of Anil Tittawella as the company’s Chairman with effect from 11th August 2021. Anil Tittawella succeeds Prakash Schaffter, as he steps down from his role as the Executive Chairman. Prakash Schaffter will continue to function as the Executive Deputy Chairman of Janashakthi Insurance PLC. “It is my…
CSE says the commencement of the preopen session today (16th August 2021) is delayed due to one Broker system vendor having technical difficulties in connecting to the exchange. Meanwhile the go live date of the implementation of the Delivery Versus Payment (DVP) Settlement mechanism has been scheduled for today as well.
In support of the ongoing vigorous vaccination campaign against COVID-19 undertaken in Sri Lanka under the leadership of President Gotabaya Rajapaksa, the Sri Lanka High Commission in Kenya arranged a consignment of an initial order of 2 million syringes from a WHO prequalified company namely, Revital Healthcare(EPZ) Ltd in Kenya to be sent to Sri…
Two weekly flights between Colombo and Zurich / From Zurich excellent flight connections to many other European destinations / United Ventures new GSA for Lufthansa Group Airlines as of September Good news for all Sri Lankans longing to visit Europe again: Fully vaccinated third country nationals from outside the European Union can now visit Switzerland…
Best capitalized among peers Asset quality remains best among industry; Net NPA 0.64% Deposits surpass Rs 1 Trillion Group PBT Rs 12 Bn; Bank Rs 10.9 Bn Group PAT Rs 9.8 Bn; Bank Rs 9.1 Bn Ranked among Top 1000 World Banks Hatton National Bank (HNB PLC) continued to demonstrate resilience amidst volatile conditions, posting…
Fitch Ratings: The National Ratings on Sri Lankan banks remain constrained by the sovereign credit profile (CCC), Fitch Ratings says. The highest National Rating for domestic banks with ratings driven by their intrinsic credit profiles is ‘AA-(lka)’. This is the highest point on the national scale that corresponds to an international scale rating of ‘CCC’…
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