Sri Lanka’s Covid situation is worsening as the number of Covid patients and deaths continue to rise daily. The country is reporting around 3,000 cases a day which is more than 1000% rise from a few months ago. The Ceylon Motor Traders Association (CMTA) has been understanding of the Government’s decision to restrict vehicle imports…
Forum to bring together over 3500 participants, exhibit 70+ Investment Opportunities and Present 60+ Agenda Sessions His Excellency Gotabaya Rajapaksa, President of Sri Lanka will inaugurate the much-anticipated Sri Lanka Investment Forum 2021 on Monday 7th June 2021 at 08.30 Sri Lanka Time. A second session of the forum will commence at 14.30 GMT/10.00 EST…
Sri Lanka Tourism, recently announced their plans to develop a ‘city tourism’ strategy to position Colombo as a tourism hub in South Asia. This initiative will follow some of the best practices of national tourist boards in Singapore, Thailand, Dubai, etc., in order to strategically implement forward thinking policies and uplift the family entertainment sector…
SriLankan Airlines wishes to inform our valued customers that effective 0400hrs (UK Time) on Tuesday 8th June 2021, Sri Lanka will move to the “red list” of countries entering the United Kingdom. Passengers who have already booked their travel on our next three flights to London UL 503 on 05th, 06th, and 07th June will…
FY21 Revenue up 30% Dividend of LKR 1,013 million FY21 PAT up 10% Dividend per Share 0.75 LKR WindForce Limited, which listed on the CSE this year, displayed a strong performance for the year 2020/21. The company declared an interim dividend of LKR 1,013 million for 21/22, which corresponds to a dividend per share of…
Prime Lands Residencies Limited is scheduled to be listed on the Diri Savi Board of the Colombo Stock Exchange(CSE) with effect from 08th June 2021. The company will be listing 937,500,000 Ordinary Voting Shares and will be classified under the Industry Group “Real Estate (6010)”. The listing of Prime Lands Residencies Limited is followed after…
On the invitation of the High Commissioner of India to South Africa Jaideep Sarkar, the High Commissioner of Sri Lanka to South Africa Sirisena Amarasekara, met recently, at the India House in Pretoria to discuss possible avenues to promote Indo- Sri Lanka Socio-Economic and Cultural relationship with South Africa. Since Sri Lanka and India are…
The Ceylon Chamber of Commerce recently entered into an MOU with Market Development Facility (MDF), Australia’s flagship private sector development program, to support the private sector in innovating to achieve growth and new economic opportunities for Sri Lanka. MDF is an Australian Government funded multi-country initiative, implemented by Palladium in partnership with Swisscontact, which promotes…
Returns to Profit for the first time after FY 2014/15 Group Revenue increase by 14% from 15.4B to 17.6B Company Revenue for FY 2020/ 21 a whopping 3.4B recording a growth of 18% Q 4 Performance exceeds expectations Lankem Ceylon PLC posted a strong Q4 performance for the FY 2020/21 recording…
According to the annual Land Price Index released by LankaPropertyWeb, Sri Lanka’s number one real estate platform, in the Western Province (except Colombo Municipality area) the overall land price values have increased by 74% from 2018 to 2021. The company also revealed that, on an annual basis, the increase in average land prices between 2018…
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