Global Reporting Initiative (GRI) in collaboration with Colombo Stock Exchange (CSE) conducted the third and final workshop of the Technical Series titled “Practical Tips for preparing your next report: Bringing it all together” on 20th May in Sri Lanka.
Hatton National Bank PLC (HNB) posted a Profit After Tax (PAT) of Rs 2.6 Bn for Q1 2020, representing an increase of Rs 607 Mn over Q1 2019.
For most Sri Lankans, since March 2020 the economic impact of the COVID-19 pandemic has led to a large-scale effort to promote “work-from-home” (WFH) along with the categorization of “essential workers”.
CIPM – the Nation’s leader in human resource management announced that the "World HR Congress 2020", the world's largest HR conclave which was to be held in July 2020 in Colombo has been postponed to Q1 of 2021 due to the Covid-19 pandemic.
Two more leading educational institutions in Sri Lanka have appointed the Commercial Bank of Ceylon as their Internet Payment Gateway (IPG) service provider, enabling both foreign and local students to securely pay their fees online via the respective websites of the institutions.
HNB Finance Limited will commence trading on the Colombo Stock Exchange (CSE) tomorrow (20th May) after an Initial public offering (IPO) and an introduction by the company.
Top textile manufacturer Teejay Lanka PLC has ended 2019-20 on an encouragingly strong note, despite its projected fourth quarter profit growth being eroded by production shutdowns at all plants in conformity with the lockdowns in Sri Lanka and India necessitated by the COVID-19 pandemic.
On bouncing back from a crisis
Healthy growth in business volumes and an extraordinary contribution from other income, before the slowdown attributed to the COVID-19 pandemic, have enabled the Commercial Bank of Ceylon PLC to make a steady start to 2020, despite the continuing increase in impairment charges quarter-on-quarter.
The cumulative market capitalization of automotive companies has fallen by US$564bn in the first quarter (Q1) of 2020 as the COVID-19 crisis battered the share prices across the sector, says GlobalData, a leading data and analytics company.
Singer Finance (Lanka) PLC received a strong vote of confidence from investors with its recent Listed, Rated, Unsecured, Senior, Redeemable three year and five year, Rs. 1 billion debenture issue being oversubscribed.
