Softlogic Holdings report 7-pct growth in first six months 2019

Sri Lanka, Aug. 19 -- Softlogic Holdings top line witnessed a 7% growth to Rs. 17.1 billion during the quarter ended JUNE 30, 2019 following the decline in consumer demand and business sentiments. Th... Read More

Shavendra Silva's appointment undermines Sri Lanka's reputation: US Embassy

Sri Lanka, Aug. 19 -- The United States is deeply concerned by the appointment of Lieutenant General Shavendra Silva as Army Commander, releasing a statement the US Embassy in Colombo said. "The alle... Read More

Shavendra Silva appointed as Sri Lanka's new Army Commander

Sri Lanka, Aug. 19 -- President Maithripala Sirisena has appointed Lieutenant General Shavendra Silva as the new Commander of the Sri Lanka Army. The appointment came after Army Chief Lieutenant Gene... Read More

Special hotline 1913 for public complaints on illegal liquor

Sri Lanka, Aug. 18 -- Sri Lanka's Excise Department will launch a special four-digit hotline 1913 from tomorrow to receive public complaints on illegal Liquor. This round the clock 24-hour hotline wi... Read More

JVP declares Anura Kumara as their presidential candidate

Sri Lanka, Aug. 18 -- Sri Lanka's Marxist Janatha Vimukthi Peramuna (JVP) today declared its leader Anura Kumara Dissanayaka as their presidential candidate during a rally held at the Galle Face Green... Read More

Opinion: The Presidency is Ranil Wickremesinghe's to lose

Sri Lanka, Aug. 17 -- Noise. That is how one can describe the presidential aspirations of the most talked about candidates in Sri Lanka today. Whether it is UNP Deputy Leader Sajith Premadasa, Former ... Read More

Melstacorp records Rs. 8.9 bn PAT for 2018-19

Sri Lanka, Aug. 16 -- The Melstacorp group's profit after tax for the financial year 2018-19 was 8.9 billion rupees compared to the previous year's figure of 6.2 billion rupees, up by 41 percent. Gro... Read More

Sri Lanka commence construction of USD2.2Bn LRT project

Sri Lanka, Aug. 16 -- The Ministry of Megapolis and Western Development has commenced phase one of the construction work of the Malabe and Colombo Fort Light Rail Transit (LRT) project. The Ministry ... Read More

Teejay extends partnership with University of Moratuwa

Sri Lanka, Aug. 15 -- Teejay Lanka PLC, one of the largest knit fabric providers in South Asia, has announced an extension of its support to the University of Moratuwa for another two years, further s... Read More

ComBank improves Q2 earnings despite challenges

Sri Lanka, Aug. 15 -- The Commercial Bank Group has reported operating profit before impairment charges and taxes of Rs 19.476 billion for the first half of 2019, a 9.45% increase over same period of ... Read More