Tuesday, 05 March 2024

Latest News

DFCC delivers increased profitability in 1st half of FY 2016

Tuesday, 09 August 2016 11:33

DFCC 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 10:11

Lanka 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 09:04

The 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 09:15

Incumbent 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 09:52

Instant, 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 11:02

Over 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 08:50

Google 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 20:44

Sri 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.

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