Lanka IOC appoints Manoj Gupta as MD replacing Shyam Bohra
Lanka IOC PLC (LIOC) has appointed Manoj Gupta as its Managing Director replacing Shyam Bohra, who completed his tenure in Sri Lanka recently. Read More »
Dhammika Perera-led Hayleys’ revenue grows 34% to Rs 219 b
The Group revenue of diversified conglomerate Hayleys PLC expanded by 34% YoY to Rs. 219 bn while operating profit before interest grew 40% YOY to Rs. 15.9 b in the financial year ended 31st March. Read More »
Foreign reserves approximately $ 7.37 b with IMF tranche
With the receipt of the sixth tranche of $ 164.1 million of the Extended Fund Facility (EFF) from the IMF last w, Sri Lanka’s foreign reserves are likely to be approximately $ 7.37 billion at present. Read More »
Huawei assures continued service to SL customers
Huawei, a Chinese mobile phone manufacturer has assured Sri Lankan customers that their products will available to in the Lankan markets after Google had suspended its services with the company. Read More »
All eggs in the tourism basket?
In its weekly column on The Sunday Morning Business Advocata Institute discussed why a hammer blow to tourism should not have crippled the economy.Read More »
Digital marketing agencies suffer under social media bans
Digital marketing agencies had been severely affected by the recent bans on social media due to a lack of digital advertising opportunities. Read More »
Tourism PR campaign approval this week following delay
Cabinet approval for the global public relations (PR) campaign to be conducted by the Sri Lanka Tourism Promotion Bureau following the Easter Sunday attacks is expected to be received this week. Read More »