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HNB Group records a PBT of Rs 3.4 Bn in 1Q 2019

  ▪     Core Banking generates Rs 13 Bn in NII as compared with Rs 10.6 Bn last year ▪     Effective tax rate increases to 58.6% as compared with 43.6% last year Amidst challenging market conditions, Hatton National Bank posted a profit before tax of Rs 3.3 Bn and a profit after...
Posted On 15 May 2019
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DFCC maintains profitability under volatile market conditions

  DFCC’s Total Assets grew by LKR 15,652 million to LKR 390,560 million DFCC recorded Tier 1 and total capital adequacy ratios of 10.34% and 15.45% respectively DFCC’s Core Business recorded a PAT increase of 9%.   Profitability Core business of DFCC Bank posted a profit before...
Posted On 15 May 2019
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ComBank deposits surpass landmark Rs 1 Trillion in Q1 2019

Gross income grows by 12.86% to Rs 35.501 billion Pays Rs 3.615 billion or 53.13% of operating profit as taxes Economic slowdown, migration to SLFRS 9 push up impairment charges by 68.37% The Commercial Bank Group comprising of the Commercial Bank of Ceylon PLC, its subsidiaries...
Posted On 15 May 2019
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CEAT launches five new tyres for motorcycles

CEAT Kelani Holdings has added five new motorcycle tyres to its portfolio, under the phased execution of the Company’s investments to double its motorcycle tyre manufacturing capacity in Sri Lanka. The new tyres fit rim sizes 17 and 18 and consist of the 3.00-17 Milaze, 3.00-18...
Posted On 15 May 2019
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Mobitel supports musical artists with its premium Master Unlimited Voice + Data Package absolutely free

As the National Mobile Service Provider that stands by its brand promise of ‘caring’, Mobitel remains keenly attuned to the gravity of the recent unfortunate events in the country, which has brought economic activity to a halt for some sections of society. In light of the...
Posted On 15 May 2019
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Sampath Bank Powers Sri Lanka Duty Free by Dufry with Alipay Payments

Sampath Bank announced its partnership with Dufry – Sri Lanka Duty Free on Alipay payment acceptance. Dufry Duty Free stores located in both the arrival and departure lounges at Bandaranaike International Airport will now be able to accept payments over Alipay, one of the...
Posted On 15 May 2019
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eMarketingEye strikes gold with 30 international awards

Passes landmark 200 awards since inception eMarketingEye (www.emarketingeye.com), the award-winning Sri Lankan Digital Marketing Agency and a pioneer in the industry, bagged a total of 30 awardsat two prestigious international award competitions held recently.The awards were for...
Posted On 14 May 2019
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The Carbon Consulting Company ranks number 1 on the Top 10 Groundbreaking Companies in Southeast Asia to Watch in 2019!

The Carbon Consulting Company (CCC) has been nominated for the top spot on the list of the Top 10 Ground Breaking Companies in Southeast Asia for 2019 by Insights Success Magazine based in India. With more than 8 years’ experience, CCC has worked with over 100 clients across...
Posted On 13 May 2019
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Advantis Engineering completes Phase 1 of pre-engineered boat manufacturing facility for BAFF Polymech

Advantis Engineering, a subsidiary of Hayleys Advantis Limited, recently completed the first phase of the design, construction, furnishing and assembly of a pre-engineered boat manufacturing facility for BAFF Polymech at Ussangoda in Hambantota. Advantis Engineering has...
Posted On 13 May 2019
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Softlogic brings 5 BIG brands to Kurunegala

Leading retail brand Softlogic opened its newest outlet in Kurunegala on 10th May 2019 amidst an air of excitement, bringing five leading brands to the heart of the city. The inaugural ribbon was ceremoniously cut by Chairman/Managing Director of Softlogic Holdings PLC, Mr. Ashok...
Posted On 11 May 2019
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SLT partners with Yechee Group (Pvt) Ltd. to power Athurugiriya Lotus Gardens Residencies with SLT’s superior fibre connectivity.

Sri Lanka Telecom (SLT), the leading telecommunication service provider in the country, entered into a partnership with Yechee Group (Pvt) Ltd., the professional steel construction service provider to power Lotus Gardens Residencies with SLT Smartline and Megaline Services...
Posted On 11 May 2019
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Kekirawa town welcomes fully-fledged DFCC Bank branch

Kekirawa awoke to the ceremonious inauguration of a new DFCC Bank branch in the heart of the bustling town. DFCC Bank has transformed itself into a fully-fledged commercial bank that offers a range of personal banking products and services earning a reputation as one of the...
Posted On 11 May 2019