Latest News
DFCC delivers increased profitability in 1st half of FY 2016
Tuesday, 09 August 2016 11:33DFCC recorded favourable growth in the first half of FY2016 ending 30th June 2016, with a consolidated profit after tax of LKR 1,721 million which is 16.1% over the LKR 1,482 million recorded in the comparable period ended 30th June 2015.
Lanka Sugar, CWE fraud exposed
Tuesday, 09 August 2016 10:11Lanka Sugar (Pvt.) Ltd. has incurred a loss of Rs. 1.6 million in a sale of 200 mt of brown sugar to the CWE, sources say.
Lanka IOC reduces fuel prices
Tuesday, 09 August 2016 09:04The Lanka IOC has reduced the prices of extra premium Euro petrol and extra mile diesel by Rs. 2.00 per litre.
Wheels Lanka evaded Rs. 50 million tax
Monday, 08 August 2016 09:15Incumbent Inland Revenue Department commissioner general Kalyani Dassanayake and another official have allegedly plotted to prevent the state from getting Rs. 50 million of tax revenue due from Wheels Lanka company three years ago.
Com Bank ties up with Bank Muscat for instant money transfers
Sunday, 07 August 2016 09:52Instant, real-time fund transfers between Oman and Sri Lanka have become possible as a result of a tie-up between the Commercial Bank of Ceylon and Bank Muscat, the leading financial services provider in the Sultanate.
Sri Lanka Lab and Medical Expo 2016 announced
Friday, 05 August 2016 11:02Over 150 internationally reputed pharmaceutical and medical companies from 10 countries will come together to showcase state-of-the-art Analytical, Scientific, and Biotechnology related instruments at the Sri Lanka Lab and Medical Expo.
Lankan-born Google India Chief tells SL to go for tech gold!
Thursday, 04 August 2016 08:50Google India Managing Director, Lankan-born Rajan Anandan, yesterday urged Sri Lanka to harness both local and international talent to successfully tap the boom in the global technology business.
Central Bank promotes cashless transactions
Tuesday, 02 August 2016 20:44Sri Lankan Government's plan to encourage higher use of debit and credit cards by the people than cash is gaining momentum with several finance companies have applied to get Central Bank licence to issue cards deviating from the main mode of financial transaction in the country.