Business LNP - United Motors records Rs.366 million group profit in Q2
UML Group recorded a profit of Rs.366 million for Q2 compared to Rs.13.5 million in Q2 for the financial year 2019/20. The recorded group revenue was Rs.4.3…
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Business LNP - Business Airtel Lanka becomes sole mobile telco ranked among the Top 40 Best Work Places 2020
Sri Lanka’s most popular youth-telco brand, Airtel Lanka was once again ranked among the Top 40 Best Workplaces for a fourth time by the Great Place to Work…
Business LNP - Business HNB offers cashback to credit cardholders for orders on Uber Eats
Sri Lanka’s leading private sector bank HNB PLC will offer its growing base of credit cardholders an attractive cashback of Rs. 200 for each order on Uber…
Business John Keells Logistics ventures into operations optimization
John Keells Logistics (Pvt) Ltd (JKLL), a leading third-party logistics (3PL) services provider in the country, partnered with Infor, a globally renowned…
Business LNP - Ceylinco Life’s 9-month income up 14% to Rs 26 billion
Sri Lanka’s life insurance market leader Ceylinco Life has posted consolidated income of Rs 26 billion for the nine months ending 30th September 2020,…
Business LNP - Tokyo Cement Group renews Foundation of Goodness partnership
Tokyo Cement Group pledged its support to the Foundation of Goodness for another year, to extend their multi-prongged activities aimed at rural cricket…
Business LNP - LOLC expands international footprint with entry into Zambia
Ms. Freda Tamba, Director, Non-Bank Supervision, Bank of Zambia and Elmo Jayetileke, Chief Executive Officer, Africa Region of LOLC, ceremonially opening the…
Business LNP - Ideal Group introduces industry-first insurance reward scheme
Ideal Motors Pvt Ltd and its subsidiary Ideal First Choice Pvt Ltd (part of the Ideal Group of Companies) have pioneered an insurance reward scheme free of…
Business LNP - Sorry state of rubber industry in SL
Rubber plantation was established in Sri Lanka over the past nearly 10 decades for extracting latex for the manufacture of raw rubber grades namely Ribbed…
Business LNP - Govt. must take lead in providing social welfare, not private sector: IPS
By Shabiya Ali Ahlam The ongoing health crisis saw the private sector step up efforts in extending relief to vulnerable groups but it is the government that…
Business LNP - CSE offers scholarships for business journalists to follow Diploma in Financial Markets
Following the successful completion of its second intake in 2019 the Advance Diploma in Financial Markets (ADFM) offered by the Colombo Stock Exchange (CSE) is…
Business LNP -NBFI sector to incur substantial losses in FY-21 - First Capital
The Non-bank financial institution (NBFI) sector may record substantial losses and display the weakest performance in the decade for FY21E says First Capital…
Business LNP - Fresh US$ 500mn Chinese loan for Budgetary support
By Kelum Bandara The government will use the US$500 million loan from the China Development Bank (CDB) for budgetary support, Money, Capital Markets and State…
Business LNP - August trade deficit narrows amid lower imports
Sri Lanka’s trade deficit continued to narrow as imports continued to decline at a faster pace than the decline in export earnings in the month of August, the…
Business LNP - He didn’t want his comments to go on record!
There is a State-run body dealing with all matters related to tourists visiting our country. This important subject is being handled by a top team member…
Business LNP - Holding a carrot ahead of the polls!
This local politico from a township off Kandy and his buddy from outside is said to be going around the area these days saying that they are drawing up a list…
Business LNP - He is in a sulk
A certain character who had long been chummy with the ‘Telephone’ party chief has of late distanced himself from the latter, they say. A former purohita from…
Business LNP - Motorcar registrations plunge in July; commercial vehicles steady
Sri Lanka’s vehicle registrations in August slumped across the board barring a few commercial vehicle categories as protracted controls in place on personal…
Business LNP - Sri Lanka ranked 83rd on Economic Freedom of World Index
Sri Lanka has been placed 83 among 162 jurisdictions on the Economic Freedom of the World Index, a position the island nation secured by advancing 15 places…
Business LNP - Export earnings strike near US$ 1bn in August
Sri Lanka’s exporters appear to be chugging along vigorously in their respective fields since the coronavirus related restrictions eased, as they generated…
Business LNP - His darkest hour before the dawn
There is a professional who held the highest position in a financial institution during the former regime. In fact, he should get the credit for the billions…
Business LNP - BOI to promote FDI from UK
Direct General, BOI Sanjaya Mohottala, met British High Commissioner Sarah Hulton at the High Commissioner’s residence recently to discuss investment promotion…
Business Belgium, Singapore, Japan and Korea signal willingness to invest in Port City
“Many investors from Belgium, Singapore, Japan, and Korea have pledged their willingness to commence various trade activities in the Colombo Port City (CHEC…
Business LNP-Apparel exports drop 30% in 1H'20
Apparel exports during the first six months of the year (1H’20) declined 30 per cent to nearly US$ 1.8 billion, with exports in June plummeting 20.5 per cent.…