Home

Robust growth for Colombo Dockyard

Profits of Rs. 1,082 m for 2007:

Colombo Dockyard Limited (CDL) recorded the highest ever-total revenue of Rs. 8,621 million in 2007, which is an 18 per cent growth from last year’s revenue of Rs. 7,333 million.

Full Story

Ceylinco to merge with Asian Finance

The merger between Ceylinco Finance PLC and Asian Finance Ltd is at the tail end stage of conclusion and in consideration of this Ceylinco Finance PLC has received approval in principle from the Colombo Stock Exchange.

Full Story

Mihin to fly in December

Sri Lanka’s budget airline Mihin Lanka will be re-launched from December. The airline will lease an aircraft from a western country to re-launch these operations.

Full Story

Market capitalisation also declined to Rs. 821 billion at end 2007 from Rs. 835 billion at end 2006. The average daily turnover was at the same level as in 2006 at Rs. 435 million. The sector price indices of the three largest sectors, which account for over two thirds of market capitalisation and turnover, namely the Banks, Finance and Insurance rose by 5.9 per cent while Telecommunications and the Diversified Holdings group declined by 15.8 per cent, and 11.7 per cent respectively.
Central Bank Annual Report 2007.

• Market gains for second day

• BoI investment promo in Germany a success

• Good feedback from industry to ACTA students - Chairman, NCA/ACTA

• Enjoining order issued for hearing interim injunction

• Travel

• BOI signs US$ 1 million agreement to make yachts and boats

• Plenty Foods wins Gold Award

• Shipping

• Nithyakalyani bags Jewellery Exporter of 2007 Award

• Metropolitan launches 'Certificate in Selling'

• Chamindra de Silva wins Global Indus Technovators Award

• HSBC welcomes UK government's announcement

• Students have opportunities in Dubai

• SMS Alerts from SriLankan

• Commercial Bank opens 168th branch in Pelmadulla

• Biz-Thumbnails