By Hiran H.Senewiratne The CSE fell in mid-morning trade after opening in the green yesterday, slipping for the third straight session, despite touching a high turnover level of more than Rs 6 billion. However, in the last few days net foreign inflow recorded Rs 10.2 billion, with SG Holdings, being the main shareholding company of […]
The Commercial Bank of Ceylon has donated its 250th IT Lab to a school in Maharagama, reaching a milestone in the Bank’s flagship community initiative to take digital literacy to the grassroots in support of national development goals. The latest beneficiary of this nationally-scaled programme is the 44-year-old President’s College in the Sri Jayewardenepura Education […]
SLT-MOBITEL, Sri Lanka’s National ICT Solutions Provider has set its sights on revolutionising the country’s retail space with the launch of mRetail. This latest platform serves as a catalyst for retailers to harness digital capabilities to provide low friction and a highly rewarding shopping experience to their customers. One such retailer which decided to capitalise […]
Mandatory offer to minority shareholders pending James Finlays, a Scottish Company with a 127-year long presence in Ceylon/Sri Lanka has divested two listed Regional Plantation Companies (RPCs), Hapugasgtenne and Udapusselawa, to Browns Investments PLC which has acquired 89.96% of Hapugastenne at Rs. 28.30 a share and 90% of Udapussellawa at Rs. 42 a share on […]
On Dec 28 the Ukrainian airline SkyUp Airlines made its first flight from Kyiv, the capital of Ukraine, to Hambantota Airport. The charter flight program will last until March 17, 2022 and will provide only the option of a 10-day round-trip departing from Kyiv. The flight lasts 10 hours 40 minutes and provides a technical […]