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Hayleys in ‘record-breaking’
performance for 2016 / 17


Hayleys PLC concluded the 2016/17 financial year with its strongest performance to-date, setting a new benchmark for the turnover among listed Sri Lankan corporates.

Revenue during the year increased by 21% Year-on-Year (YoY) to Rs. 111.4 billion supported by strong performances across the Group’s core businesses spanning Transportation, Purification, Agriculture , Construction Materials and Power & Energy. This led to a substantial 14% YoY improvement on the Group’s results from operating activities, which closed the year at Rs. 9.67 billion.


Relations with Malaysia thriving in trade and multiple aspects


Malaysia has invested US$ 2 billion in Sri Lanka and the country hopes to invest US$ 200-300 million in the next three years as the bilateral relations are very cordial and meaningful to the benefit of both countries, Wan Zaidi Wan Abdullah, Malaysi...

Dhashma Karunaratne elected Wilat Sri Lanka’s new chairperson


Women in Logistics & Transport (WiLAT) Sri Lanka appointed its new Chairperson Ms Dhashma Karunaratne for year 2017 at the 4th Annual General Meeting held on the 27th April at the National Chamber of Commerce Auditorium amidst a large gathering...

Profit-takings by blue chips

The Colombo Stock Exchange (CSE) was somewhat active yesterday after the Cabinet reshuffle. and several profit takings took place among a few companies, including blue chips, market sources said .

Amid those developments the day's turnover reach...

‘Seylan Pahasara’ opens its126th library


126th Library of "Seylan Pahesara" was successfully developed and handed over to the students of J/Imaiyaanan G T M Vidyalam in Jaffna District. Over 500 students and teachers at the school will benefit from this facility which includes acces...

Litro Gas Lanka initiates Garu Ammawarun Wenuwen programme to honour mothers across the nation


Celebrating the unique power of mothers, Litro Gas Lanka initiated the ‘Garu Ammawarun Wenuwen’ programme to assist deserving mothers across the island to avail themselves of free gas cookers and other cooking effects when they first purcha...

‘Allianz Lanka registers impressive q1 2017’


Allianz Lanka continued to maintain its growth momentum across its life and general insurance businesses through Q1 2017.

The Non-Life company, Allianz Insurance Lanka Ltd., recorded 33% YoY growth in Gross Written Premium (GWP) at Rs.1.49...

Dialog paves the way for 5G with successful massive MIMO trial

Sri Lanka’s premier connectivity provider, Dialog, continues to blaze a trail in the region’s technology transformation with South Asia’s first successful trial of next-generation, Massive MIMO (Multiple-Input Multiple-Output) Tech...

Fostering SMEs: learning from the German experience


Together with the Pathfinder Foundation, the Konrad-Adenauer-Stiftung (KAS) "Social and Economic Governance Programme Asia" (SOPAS), organized a bilateral expert Roundtable Conference titled "Social Market Economy in South Asia: Germa...

Combank & World Mastercard rock MLTR concert with draw for iPhone 7



Fans of Michael Learns to Rock had a blast at the Danish soft rock band’s sold-out concert in Colombo on 18th May, but one of them had more to cheer about – an iPhone 7 from Commercial Bank, the Official Banking Partner for the event....

New Information Technology solution from Smart Metro to Finagle Lanka


Smart Metro (Pvt) Ltd, known for its solutions in Information Technology for local businesses for nearly one decade, introduced their latest IT product 01st May for Finagle Lanka, which is a leading bakery products manufacturer, received the Smart S...

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