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“John Keells Group records recurring EBITDA of Rs.22.06 billion for the financial year 2019/20”

Summarised below are some of the key highlights for the quarter ended 31 March 2020. The Consumer Foods, Retail and Property industry groups recorded a growth in profits. While the performance of the Group initially witnessed strong momentum in the fourth quarter of the financial...
Posted On 22 May 2020

S&P SL 20 Index Marks its Second Historic Gain in a Week

The S&P SL20 Index of the Colombo Stock Exchange (CSE) gained 6.28% during trading today, bettering the record for the highest ever daily percentage gain of the index which stood at 5.25%, which was set on 18th May 2020. This development marks the second occasion the S&P...
Posted On 22 May 2020
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Prime Group Sets Benchmark For Real Estate Industry with Credit Rating of A- Stable

Commences operations at Head office, Flagship project Prime Grand – Ward Place and all other Construction Sites  Property magnet Prime Group makes history as the first institution in the Sri Lankan real estate industry to receive a prestigious issuer rating of [A-] Stable...
Posted On 22 May 2020
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Emirates sets industry-leading safety standard for customers travelling as it resumes operations

Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board and on the ground. The new measures took effect today, with the resumption of regularly scheduled passenger flights to...
Posted On 22 May 2020
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NATIONS TRUST BANK CONTINUES TO SUPPORT REBUILD THE NATION IN THESE UNPRECEDENTED TIMES

Sri Lanka demonstrates to have managed the COVID-19 outbreak reasonably well, while the economic fallout from the local and global lockdown will be unprecedented. It has affected supply chains significantly and the cascading effect will severely impact almost all businesses in...
Posted On 22 May 2020
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Coats Digital, Res.Q and Serai unveil strategic collaboration to digitize apparel industry

  *Apparel industry faces dramatic decline in sales across the board *Digitisation key to boosting efficiency and reducing costs for businesses to survive Coats Digital, Res.Q and Serai Limited by HSBC are delighted to announce a strategic collaboration that will help re-shape...
Posted On 22 May 2020
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Daraz opens donation portals through Daraz Cares

Partners with UNICEF, Sri Lanka Red Cross, Heal Lanka and Leads Sri Lanka As the whole country battles to limit the adverse impact of Covid – 19, Daraz has expanded its Daraz Cares portal to help some of the most vulnerable of groups at present. Collaborating with UNICEF, Sri...
Posted On 22 May 2020
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Emirates SkyCargo’s global network grows to 75 destinations

Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents. Through its wider reach, Emirates SkyCargo is able to transport essential commodities and other urgently needed cargo more rapidly across the world,...
Posted On 22 May 2020
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Microsoft partners with Sri Lanka’s first Education Institute dedicated to the field of applied AI, AI Academy

With the need for a one-stop connectivity and collaborative technology becoming increasingly mainstream, Microsoft today announced a strategic partnership with AI Academy to empower students and business professionals to digitalize, innovate and transform in the domain of...
Posted On 22 May 2020

Huawei Launches ASEAN Academy to Empower Digital Talent and Nurture Digital Ecosystem

Huawei Malaysia introduced the Huawei ASEAN Academy, a dedicated training module set to empower digital talent in the region. In its commitment, Huawei aims to nurture 50,000 talents over the next five years, spread across various businesses and technology sectors. The academy...
Posted On 22 May 2020