SL palm oil ban is questionable, says Indonesia
Palm Oil expert and Goodhope Asia Holdings PT Agro Harapan Lestari Sustainability Director Edi Suhardi, comparing the Indonesian palm oil sector to that of Sri Lanka, questioned the recent palm oil ba Read More »
Deshal de Mel appointed to Janashakthi board
Janashakthi Insurance PLC, one of the key players in Sri Lanka’s insurance industry, announced the appointment of Deshal de Mel as an Independent Non-Executive Director of the organisation yesterday ( Read More »
Apple’s profits double
A surge in iPhone sales, especially in China, has led to a doubling of profits at Apple since the start of the pandemic. Read More »
Over Rs. 15 billion PAT for CTC amidst Covid-19
In their annual report for the year 2020, Ceylon Tobacco Company PLC (CTC) Chairperson Suresh Kumar Shah reported that the CTC was able to reach a profit after tax (PAT) of Rs. 15.58 billion, indicati Read More »
Apparel State Ministry not prepared for disruptions
The State Ministry of Batik, Handloom, and Local Apparel stated that adverse threats that can emerge from the third wave to the apparel industry are not expected, and that the State Ministry is not pr Read More »
Prime Lands profits over Rs. 700 m amidst pandemic
Prime Lands Group, which is set to make its stock market debut, has reportedly recorded a profit of Rs. 739.65 million for the 10 months ended 31 January 2021.Real estate giant Prime Land Residence Read More »
CSE to close at 12.30 p.m. tomorrow
The Colombo Stock Exchange (CSE) announced an additional half-holiday tomorrow (30). CSE Chief Regulatory Officer Renuke Wijayawardhane announced, in a circular to their member firms and trading membe Read More »