The Colombo Stock Exchange (CSE) welcomes the progressive capital market related proposals presented to parliament by Hon. Prime minister Mahinda Rajapaksa at the 2021 Budget Proposals Speech made on 17th November 2020.
Gains from government securities, foreign exchange (FX) swap trading and FX trading activities have enabled the Commercial Bank of Ceylon Group to mitigate to some extent the severity of the impacts of the COVID-19 pandemic on profits in a period of reduced interest income and substantially higher impairment provisioning compared to the corresponding quarter of the last year.
Hatton National Bank PLC (HNB) reported Profit After Taxes (PAT) of Rs. 7.7Bn for the first nine months of 2020, while the Group recorded a PAT for Rs. 8.8Bn for the same period.
DFCC Bank, one of the fastest growing commercial banks in Sri Lanka, continues to reaffirm their promise to customers of being the bank for everyone by revolutionizing the banking experience of its customers, through digital transformations that has placed the Bank ahead of the curve.
As the world continues to focus on flattening the curve in the COVID-19 pandemic, Teejay Lanka PLC has adapted to the “new normal” to post an improved performance in the three months ending 30th September 2020.
Today, Sri Lankan small and medium-sized enterprises (SMEs) operate in an extraordinary business environment.
Expolanka Holdings PLC secured exceptionally strong top and bottom line growth during the quarter ended 30 September 2020 (2Q20), largely as a result of a focused and consistent strategy along with the ability to stay agile and optimize opportunities presented in a dynamic operating environment.
SampathCards announced that it has won the award for the ‘Highest Revenue Generating Banking Partner of the Year’ at the Daraz Seller Summit 2020, conducted by Sri Lanka’s largest online marketplace Daraz, which is backed by global e-commerce giant, the Alibaba Group.
LoweDigital, which is part of the MullenLowe Group, Sri Lanka (MLG) completed a year of operations in turbulent business conditions caused by the current pandemic.
The Hayleys Group delivered a record profit in the first six months of FY 2020/21, with pre-tax profit nearly tripling to Rs. 5.52 billion compared to the corresponding period of last year.
INIVOS Consulting, the fully fledged Sri Lankan Enterprise Resource Planning (ERP) solutions provider announced its partnership with Muzulu, the UK based provider of industry leading ERP business solutions.
