Business

Projected: SL Reserves Set to Exceed $6.3 Billion by End of 2024, Tourism Revenue Targeted at $3 Billion

According to First Capital Research’s latest report, official reserves experienced a notable 23% increase in December 2023, boosted by disbursements from the IMF,.

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Business

Ceylon’s Bank Surges with Record-breaking Rs 9.3 Billion Profit Before Tax in First Quarter, Marking 180% Growth

During the first quarter of 2024, Bank of Ceylon showcased remarkable resilience, achieving a Profit Before Tax (PBT) of Rs. 9.3 billion, signaling.

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Business

Chinese Garment Delegation Ventures into Sri Lanka, Seeks Business Prospects

A delegation of 30 members from the China National Garment Association (CNGA), led by Executive Vice President Xie Qing and Vice President/Secretary General.

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Business

Sampath Bank Achieves Stable 1Q Results, Reports Profit After Tax of Rs. 3.4 Billion

Sampath Bank announced robust financial results for the first quarter of 2024, posting a profit before tax (PBT) of Rs 6.2 billion and.

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Business

Celebrating Economic Resurgence: HNB Reports Impressive Rs 6.2 Billion Profit After Tax

Hatton National Bank PLC (HNB) announced a robust performance for the first quarter of 2024, recording a Profit Before Tax (PBT) of Rs.

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Business

Tesco to Launch Two New Brands of Hela Apparel in UK Retail Stores

Focus Brands, the brand licensing division of Hela Apparel Holdings PLC, has announced a strategic partnership with Tesco to introduce its Peter Werth.

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Business

Celebrating Partnership: Birds Resort Hambantota Takes Center Stage as Gold Sponsor of ‘Sancharaka Udawa 2024’

The much-anticipated 11th edition of the ‘Sancharaka Udawa 2024’, organized by the Sri Lanka Association of Inbound Tour Operators (SLAITO), is scheduled to.

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Business

CFA Society Commends Financial Management Excellence at University of Jaffna

The CFA Society Sri Lanka (CFASSL) celebrated academic excellence in financial management at the University of Jaffna’s 38th Convocation held on March 14..

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Business

Celebrating Milestones: Samson Rubber Products Marks 30 Years with Gala Event in Galle

Samson Rubber Products Pvt Ltd celebrated its 30th anniversary at the Galle Bataduwa main industrial complex, honoring employees with over 20 years of.

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Business

HNB and 3DH Building Solutions Join Forces to Offer Streamlined Financing for Generators and Elevators

HNB PLC has entered into a new agreement with 3DH Building Solutions to promote and offer financing solutions for FMT Generators and GLARIE.

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