Sri Lanka's only national business newspaper | Daily FT
WEBIFC takes up 14.73% stake in Sunshine Healthcare for Rs. 3.27 b. Monday, 7 October 2024 04:29. The World Bank’s private sector investor arm, the International Finance Corporation (IFC), has acquired a 14.73% stake in Sunshine Healthcare Lanka ..
Sri Lanka's only business publication | Daily FT
WEBSeylan Bank shines at 39th Mercantile Athletics Championships 2024. Thursday, 26 September 2024 00:56. 1. 2. 3. Latest news, analysis and opinions from the Daily FT, Sri Lanka's only national business newspaper.
Colombo’s Port City, ‘city of the future’ rising from the sea
WEBDec 28, 2021 · The Port City Colombo project, located near Colombo’s Central Business District, is a large-scale investment project jointly developed by the CHEC and the Sri Lankan Government. It is regarded as a model of cooperation between China and Sri Lanka in jointly building the Belt and Road. Alwis has witnessed the …
Recent performance of the Colombo stock market - Daily FT
WEBOct 12, 2021 · The Colombo Stock Exchange’s (CSE) market capitalisation is up by 42% YTD to Rs. 4.215 trillion. Both the ASPI and S&P SL20 gained 5% in September 2021 (Daily FT, 1/10/2021). The recent seemingly outstanding performance of the share market is of course an excellent outcome, particularly for …
DP Education, UoR launch advance learning opportunities in
WEBJul 14, 2023 · A key milestone in Sri Lanka’s IT education was marked on Wednesday by the DP Education of Dhammika & Priscilla Perera Foundation (DP Foundation) and the University of Ruhuna (UoR) by signing a Memorandum of Understanding (MoU) to collaborate on the facilitation of free online program on data science, machine learning, and AI development and delivery. ..
First Capital Holdings posts best ever results in FY23
WEBMay 30, 2023 · First Capital Holdings PLC, yesterday announced impressive financial results, and a remarkable turnaround from the previous year, marking the year ended 31 March 2023 its most successful in its 40-year history. The Group’s financial results exhibit an impressive feat, with a Total Comprehensive Income of Rs. 2.71 billion, showcasing a significant improvement from the previous year’s Total ...
Overview of the tea industry in 2021 - Daily FT
WEBJan 26, 2022 · The total revenue realised for the period January-December 2021 from Tea Exports was Rs. 263.35 billion ($ 1.32 billion) compared with Rs. 230.17 billion ($ 1.24 billion) recorded for the period January to December 2020. It’s an increase in rupee terms (+ Rs. 33.18 billion) and dollar value (+$ 0.08 million) compared to the same period in 2020.
Daily FT
WEB2024-10-04 00:26:00. Shares of leading mobility solutions app, PickMe owner Digital Mobility Solutions Lanka Ltd., had a positive debut yesterday in the Colombo Stock Exchange (CSE). The stock closed with a gain of 8.33% or Rs. 3 to Rs. 39 with 1.67 million shares changing hands via 825 trades generating turnover of Rs. 66.36 million.
Hayleys group profits double to all-time high of Rs. 28.1 b in FY22
WEBWednesday, 15 June 2022 00:25 - - 2529. Chairman Mohan Pandithage. The country’s most diversified blue chip Hayleys PLC has doubled its Group after-tax profit to an all-time high of Rs. 28.1 billion in FY22. Chairman and Chief Executive Mohan Pandithage says FY22 set a new record for the highest profit in the 144-year history of Hayleys as ...
Sri Lanka declares bankruptcy - Daily FT
WEBApr 13, 2022 · Sri Lanka declares bankruptcy. By Nisthar Cassim. The Government yesterday signaled Sri Lanka was bankrupt, announcing a temporary suspension of repayment of all external debt as of yesterday, saying the country can no longer honour its commitment owing to poorer financial position caused by external and internal shocks.