The Commercial Bank of Ceylon has announced it will keep 70 branches open for business on Friday, 21st February, a Public and Bank holiday to mark the celebration of Mahasivarathri.

Dipped Products Group Posts Improved Performance

Wednesday, 12 February 2020 15:50

Hayleys Group’s subsidiary Dipped Products PLC (DPL), a leader in the global hand protection glove market, reported Rs. 23.2 billion Group turnover for the nine months ending December 2019.

The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 17.6 billion and profit before tax of Rs. 1,578 million for the nine months ending 31st December 2019.

Sri Lanka's most innovative private sector bank HNB PLC, once again consolidated its reputation for banking excellence when it bagged the Best Retail Bank in Sri Lanka and Best Micro Finance Bank in Sri Lanka Awards for the second consecutive year at the International Finance Awards 2019.

International Finance of the UK recently presented the awards for ‘Best Domestic Bank’ and ‘Best Corporate Bank’ in Sri Lanka in 2019 to Commercial Bank of Ceylon at an awards gala at the Jumeirah Emirates Towers hotel in Dubai.

The first IPO since January 2018

Tuesday, 11 February 2020 12:31

HNB Finance Limited, a licensed finance company has obtained approval from the Colombo Stock Exchange to list its voting and non-voting ordinary shares.

The Ceylon Dollar Bond Fund that invests exclusively in Sri Lankan government issued International Sovereign Bonds (ISB), and SLDBs reported a strong US$ performance of 10.3% in 2019 to investors, while the fund size reached US$ 23 million as at 31 December, 2019, according to Ceylon Asset Management Managing Director, Dulindra Fernando.

The Colombo Stock Exchange (CSE) has organized a forum to discuss changes to the tax system which were recently announced by the Government.

IFS strengthens South Asian Management Team

Thursday, 06 February 2020 16:29

IFS, the global enterprise applications company, is expanding its business operations in South Asia including Sri Lanka, Bangladesh and Pakistan.

Teejay Lanka PLC has reported profit before tax of Rs 2.364 billion at Group level for the nine months ending 31st December 2019, an improvement of 56% over the corresponding period of the previous year.

Bringing cheer and joy to millions of people located across the island, Mobitel Cash Bonanza, Sri Lanka’s biggest prize giveaway program concluded yet another successful event, rewarding 3 lucky winners with the latest Mercedes Benz car and millions in cash prizes.