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Altair celebrates ‘topping out’ – interior work in full swing

Altair, the 68-story luxury residential complex which fronts the Beira Lake in Colombo, recently celebrated its “topping out” to mark the completion of structural work, an important milestone. Going back to ancient times, the topping out ceremony marks the placement of the...
Posted On 13 Dec 2017
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Former Finance Secretary of India speaks on India-Sri Lanka Economic Relations at LKI-IPS joint lecture

The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) and the Institute of Policy Studies of Sri Lanka (IPS) hosted their first joint lecture, featuring Dr. S. Narayan, former Finance Secretary of India, who spoke on “India-Sri Lanka Economic...
Posted On 26 Nov 2017
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HNB Group Posts Rs 16.8 Bn PBT

Group assets cross Rs 1 Trillion Shareholder funds increase to Rs 103.2Bn Total tax charge of Rs 9 Bn for the Group Hatton National Bank PLC (HNB) continued its growth momentum to post a group Profit before VAT & NBT of Rs 20.7 Bn while the PBT and PAT improved to Rs 16.8 Bn...
Posted On 17 Nov 2017
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Dr S. Narayan, former Finance Secretary of India, to speak on current India-Sri Lanka Economic Relations

The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) and the Institute of Policy Studies of Sri Lanka (IPS) will host a joint lecture by Dr. S. Narayan, former Finance Secretary of India, on “India-Sri Lanka Economic Relations in Modi’s India.”...
Posted On 17 Nov 2017
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The European Union launches programme to reduce poverty in Uva and Central Provinces

The European Union launched one of the largest programmes of development support in the country. The European Union will contribute Rs. 5.4 billion in to reduce poverty in the provinces by improving the income of poor people living in rural areas and helping to ensure that they...
Posted On 17 Nov 2017

CA Sri Lanka’s Annual Budget Seminar on Saturday

The Annual Budget Seminar organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) will be held on Saturday, 11th November 2017 at 9.00 am at the Colombo Hilton. The budget seminar organised annually by the institute is one of the most sought after events...
Posted On 09 Nov 2017
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Haycarb records turnover of Rs. 7.1 billion and profit before tax of Rs. 296 million for 1H 2017/18

The Sri Lankan multinational Haycarb PLC reported a revenue of Rs. 7.1 billion and profit before tax of Rs. 296 million for the six months ending 30th September 2017. The profit after tax stood at Rs. 251 million. Haycarb PLC Managing Director Mr. Rajitha Kariyawasan said that...
Posted On 06 Nov 2017
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Maga Engineering to Train 375 Construction Craftsmen in partnership with Ministry of Skills Development

Sri Lanka’s leading construction company, Maga Engineering entered into an agreement with the Ministry of Skills Development and Vocational Training to provide training to 375 construction craftsmen under the Ministry’s Employment Linked Training Programme (ELTP) yesterday. The...
Posted On 05 Nov 2017
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Singer Revenue Grows to Rs 37 Billion Despite Challenging Environment

TheSinger Group announced results for the nine months ending September 30th 2017 with revenues increasing to Rs. 37.0 billion, an increase of 12% compared to the same period last year, demonstrating resilience by growing competitively and consistently in tough market conditions....
Posted On 05 Nov 2017
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Building a vibrant export-oriented vision for Sri Lanka’s poultry industry

The rising popularity of chicken meat as a daily staple in most Sri Lankan diets has been well underway over recent decades with the country projected to consume as much as 189,690 Metric Tonnes (MT) of chicken, projecting an annual growth rate of 3% by the end of 2017.  ...
Posted On 05 Nov 2017
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Hayleys Engineering Unveils State-Of-The Art Customer Experience Center

Hayleys Engineering recently unveiled Sri Lanka’s first ever Engineering Experience Center that provides engineers, consultants and clients the opportunity to experience latest technology and technology yet to come to Sri Lanka. Situated at the Hayleys Engineering offices on...
Posted On 28 Oct 2017
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LKI’s Ganeshan Wignaraja to speak on China-India Dynamics in a Recovering Global Economy

The Lakshman Kadirgamar Institute of International Relations and Strategic Studies (LKI) will host an inaugural lecture by Dr. Ganeshan Wignaraja on “A Recovering Global Economy? The Dynamics of China and India in the Future of Global Growth.” This event will be held on Tuesday,...
Posted On 26 Oct 2017