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New Anthoney s Farms, first poultry producer to embrace biodegradable packaging – The Island

Taking a pledge to combat the detrimental environment pollution caused by plastic waste, New Anthoney’s Farms (Private) Ltd, with an undisputed reputation in the nation’s poultry sector shifted to 100pct compostable packaging, making it the first and only poultry producer in Sri Lanka to embrace biodegradable measures in their food packaging process. These biodegradable packaging […]

US Federal Reserve interest rate hike speculation hits stock market

By Hiran H.Senewiratne The ripple and negative effects on the CSE from ongoing tensions between the US and Russia over the Ukraine issue and the speculation in the international media that the US Federal Reserve is to adjust interest rates, negatively impacted the global stock market yesterday, stock market analysts said. The stock market dipped […]

JKH Group EBITDA grows by 126% to Rs 9 53 billion; significant turnaround in Leisure business

Summarised below are the key operational and financial highlights of our performance during the quarter under review: • Group EBITDA recorded a significant increase of 126 per cent to Rs.9.53 billion during the quarter under review against the comparative period [2020/21 Q3: Rs.4.21 billion]. • The Group’s businesses recorded strong growth in profitability compared to […]

Jayalath, Niloo savour Commander s Cup – The Island

Captain Jayalath Perera (Retired) from Sri Lanka Navy won the Commander’s Cup Trophy securing the highest marks in the gents’ category and Niloo Jayathilake won the ladies’ segment of the Commander’s Cup Golf Tournament 2022 conducted by the Sri Lanka Air Force and the Eagles’ Golf Links. The Annual Golf Tournament which concluded on Saturday […]

Chathurya, Kiran win first round matches

Chathurya Nilaweera and Kiran Viravannathan won their respective boys’ singles first round matches of the ITF Junior Circuit Week II event at the Sri Lanka Tennis Association courts on Monday. Nilaweera beat Arya Bhattachary (India) 6-0, 6-1 and Viravannathan beat Chinmay Mitul Pattel (India) 6-3, 6-1.

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