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Korean ambassador Santhush Woonjin JEONG called on Prime Minister Dinesh Gunawardena at the office of the Prime Minister on August 16. Ambassador Santhush extended his warmest congratulations to Dinesh Gunawardena on his assumption of office of Prime Minister of Sri Lanka. While recalling the long-standing friendship between Korea and Sri Lanka since 1977, ambassador Santhush […]
Abans Finance PLC recorded its first quarter of financial year 2022 / 2023 ending 30th June 2022, with results that are consistent with its growth in bottom line, despite of highly volatile socio-economic environment. Company recorded PBT of Rs 114 million and a PAT of Rs. 74 million in quarter one of FY 2022 / […]
Commercial Credit and Finance PLC reported a profit after tax of Rs. 4.52 Bn for the financial year ending 31 March 2022, a 93.6% growth compared to the previous year. This growth was mainly fuelled by the 32.3% increase in the net interest income, 67.5% increase in the fee and commission income and the 82.4% […]
Allianz Life Insurance Lanka Ltd, a member of the global insurance giant Allianz SE, recently inked a landmark partnership with Cargills Bank. Through this partnership, Allianz Life Insurance Lanka Ltd will provide Cargills Bank customers with convenient and comprehensive Decreasing Term Insurance (DTA) solutions. Jayalal Hewawasam, CEO at Allianz Life Insurance Lanka Ltd said, “As […]
A daring innovator in the local packaging industry with over 25 years of experience, Chairman of ALFT Packaging Company Lakshman De Fonseka headed the launch of the 2nd phase of ALFT Packaging – a brand new, state-of-the-art production facility at Ekala. The new plant primarily consists of European machinery including world renowned W&H Miraflex II...