Indonesia quake death toll rises to 38

SriLanka, Aug. 15 -- A 7.7-magnitude earthquake that struck eastern Indonesia on Saturday killed at least 38 people, a disaster management official said, revising an earlier toll. Two people were kno... Read More

judges' retirement age: BASL yet to receive complete recording of meeting with President

SriLanka, Aug. 15 -- The Bar Association of Sri Lanka (BASL) has said it is yet to receive the complete video recordings of its recent meeting with President Anura Kumara Dissanayake regarding the pro... Read More

Vehicle prices to surge as 50% import duty surcharge extended

SriLanka, Aug. 15 -- Vehicle prices are set to rise further following the Government's decision to extend the 50% surcharge imposed on vehicle import duties until December 31, the Vehicle Importers As... Read More

Second major quake hits Indonesia in a day as 7.7 magnitude tremor leaves 38 dead

SriLanka, Aug. 15 -- A second major earthquake struck Indonesia on Saturday, hours after a powerful 7.7-magnitude quake hit the Flores region, killing at least 38 people and injuring 13 others. A 6.5... Read More

No tsunami threat to Sri Lanka following 6.8-magnitude Indonesia earthquake

SriLanka, Aug. 15 -- The Department of Meteorology has confirmed that there is currently no tsunami threat to Sri Lanka following a 6.8-magnitude earthquake that struck northern Sumatra in Indonesia o... Read More

Eleven rescued after fast attack craft runs into distress off Angulana

SriLanka, Aug. 15 -- Eleven crew members of a Sri Lanka Navy fast attack craft that encountered distress in the seas off Angulana have been rescued and admitted to hospital, while one person remains m... Read More

Sampath Bank 2Q profit jumps 64%

Sri Lanka, Aug. 14 -- Sampath Bank PLC reported a 64 percent increase in second-quarter profit, as higher interest, fee and foreign-exchange income combined with a sharp reduction in impairment charge... Read More

ComBank posts 8% profit growth as provisions weigh on strong income

Sri Lanka, Aug. 14 -- Commercial Bank of Ceylon Group's second-quarter net profit rose 8 percent from a year earlier, as loan growth and a turnaround in trading income helped counter a near-tripling o... Read More

JXG to acquire 100% stake in Continental Insurance Lanka

Sri Lanka, Aug. 14 -- Janashakthi PLC (JXG) yesterday disclosed it entered into a Share Purchase Agreement with Melstacorp PLC (MELS), the sole shareholder of Continental Insurance Lanka Limited (CILL... Read More

NTB 2Q profit jumps 133% on HSBC acquisition

Sri Lanka, Aug. 14 -- Nations Trust Bank PLC's profit in the second quarter (2Q) more than doubled as earnings benefited from the acquisition of HSBC Sri Lanka's retail banking business and a one-off ... Read More

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