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Financial News on 30-04-2018
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Tuesday, May 1, 2018
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ATM helps Sri Lanka to source large number of visitors from Middle East
Sri Lanka Tourism leveraged the Arabian Travel Market (ATM) complemented by three road shows, B2B and industry meetings in Dubai last week in a major push in the Middle East...
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Market drops 0.15% despite activity level recovery
The Bourse ended on a negative note this week as the ASPI decreased by 9.91 points (or -0.15%) to close at 6,531.06 points, while the S&P SL20 Index also decreased by...
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Singer (Sri Lanka) ‘A-(lka)’; Outlook Stable: Fitch
Fitch Ratings has affirmed Sri Lanka-based consumer-durables retailer Singer (Sri Lanka) PLC’s National Long-Term Rating at ‘A-(lka)’ with a Stable Outlook.
Fitch has also affirmed...
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Singer Sri Lanka and Huawei jointly launched Huawei P20 PRO
Singer Sri Lanka and Huawei jointly launched Huawei P20 PRO at a colourful event in Colombo last week.Senior managers of the two organisations took part. Picture by Saliya...
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‘Depreciating rupee could entice foreign investment to CSE’
The depreciating rupee might provide fresh opportunities for foreign investors to invest in the Colombo Stock Exchange(CSE), a senior investment advisor attached to the Sampath...
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Dinesh Weerakkody, new chairman of HNB
Chairman at the National Human Resource Development Council of Sri Lanka Dinesh Weerakkody will be the new chairman of t Hatton National Bank (HNB) from May 26.
This follows...
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DFCC drives its core business forward in 1Q
DFCC continues to aggressively pursue its role as a commercial bank by strengthening its core business, creating momentum in the industry with its constantly evolving best...
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Image Line Casual Wear wins Young Entrepreneur Award
Pathum Maduranga of Image Line Casual Wear won the coveted Young Entrepreneur Silver at the recently concluded award ceremony organized for the 14th year by Anuradapura District...
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Central Finance takes unified approach to modernize customer experience with Oracle Cloud Applications
Central Finance Company PLC (Central Finance), a leading financial solutions provider in Sri Lanka, has selected Oracle CX Cloud Suite to effectively engage its customers...
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Janashakthi appoints Jude Fernando as Director, CEO
Leading Sri Lankan insurer Janashakthi Insurance PLC announced the appointment of Jude Fernando as the company’s Director / Chief Executive Officer with effect from May 1,...
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INSEE Cement to support major entrepreneur drive
In a major boost to Sri Lankan entrepreneur development efforts, the country’ sole and fully integrated cement giant stepped in to support one of the biggest industry-entrepreneurial...
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SL’s BoardPAC ranked among Top 25 global Collaboration Technology Companies
BoardPAC, the Sri Lanka headquartered developer of the award-winning iPad-enabled paperless board communication and meetings solution of the same name, has been ranked among...
