Pre-tax profits crosses LKR 6 Bn (up by 21%), Post-tax profits of LKR 9 Bn (up by 32%) Robust growth in fund and fee income bases Cost to income ratio of 33%, continually in the low 30% range Balance Sheet growth – Total assets of LKR 664 Bn up by 6% YTD, 18% YoY Broad-based…
Piramal Glass Ceylon PLC (the “Company”) reported its results for the Quarter ended 30th June 21, with a turnover of Rs. 1876 Mn as against Rs. 1,330 Mn during the similar period previous year, reflecting a growth of 41% . The domestic sales during the Quarter grew by 36% from Rs. 937Mn to Rs. 1,275Mn….
The Ceylon Chamber of Commerce (CCC) and the Accelerating Higher Education Expansion and Development (AHEAD) Operation will be jointly organizing a Virtual Exhibition to promote Agri and Livestock Sector Innovations ready for commercialization on 10th August, 2021. Two similar Virtual Exhibitions were held to promote Food in February 2021 and Electric, Electronic and IT Sector in…
The Sri Lanka Export Development Board (EDB) in association with the Sri Lanka Accreditation Board (SLAB) under the guidance of the Ministry of Trade organized a stakeholder forum on organic agricultural exports, which was chaired by Trade Minister Hon Bandula Gunawardena, on 27th July at NSBM Green University. Addressing the forum, Minister Gunawardena opined that…
Strengthens its commitment to sustainability with globally recognised accreditation Reiterating its commitment to social, environmental and economic sustainability, Dialog Axiata PLC’s Environmental Management System was certified for the globally recognized ISO 14001:2015 standard for its full scope of operations, becoming the first Quad-play Telco (Mobile, Fixed, Media and Broadband) in South Asia to do so….
Maga Engineering has begun construction of two new flyovers in Slave Island (Colombo 02), along Justice Akbar Mawatha and Uttarananda Mawatha. The proposed flyovers will overarch two central intersections in Slave Island and the Coastal Line – one of the busiest railway tracks leading into the city, thereby easing heavy traffic congestion leading to Colombo’s…
A joint stamp release ceremony was held at the Foreign Ministry, Sri Lanka on 27 July to mark the 50th anniversary of the establishment of diplomatic ties which took place on the same day in 1970. This milestone event was held with the participation of the Foreign Minister Dinesh Gunawardena and Minister for Foreign Affairs…
The Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce in partnership with Hutchison Telecommunications Lanka (Pvt) Ltd, London Stock Exchange Group – Sri Lanka and Linear Squared (Pvt) Ltd will be hosting a timely webinar on Business Planning in the Age of AI. In the digital age, businesses need reduced wastage, minimize…
The Colombo Stock Exchange (CSE) successfully concluded yet another virtual forum organized as part of an awareness drive for island-wide Small and Medium Enterprises (SME). The fourth event of the series, which was held for SMEs in Jaffna, drew a significant interest among the entrepreneurial community based in the region. The series of virtual forums…
Applications aggregate LKR 5 Bn, exceeding initial offer value by LKR 2 Bn Nations Trust Bank PLC announced the successful oversubscription of its Unlisted Debenture prior to its opening, aggregating LKR 5 Bn in applications. Structured, managed and placed internally;the Bank planned to raise up to LKR 3 Bn through the issue of 30 million…
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