One of Sri Lanka’s oldest finance companies, founded in 1962, Associated Motor Finance Company PLC (AMF) has delivered a resilient financial performance during FY 2021/22, despite an uncertain economic environment. Supported by the merged Company’s committed workforce and prudent management strategies, the Company’s Profit Before Tax (PBT) rose to LKR 492 million in FY 2021/2022. […]
Nations Trust Bank PLC reaffirmed its commitment to continuous improvement as its Lean Transformation team conducted its successful 6th Lean Six Sigma Graduation in June 2022. The event saw 29 ‘Change Makers’ graduate successfully, having completed Yellow Belt and Kaizen requirements and demonstrating structured problem-solving techniques and tools that created quantitative and qualitative benefit to […]
Aitken Spence PLC reiterates their commitment to local and global sustainable development goals by acquiring Sagasolar Power (Private) Ltd, from the major shareholder LOLC Group for Rs. 1.4 billion. Moreover, it is in line with Sri Lanka’s power and energy strategy to increase power generation from the renewable energy sector. This investment from Aitken Spence […]
By Hiran H. Senewiratne The CSE witnessed less trading yesterday but foreign investors were somewhat active and trying to purchase more stocks due to the country’s rupee depreciation, stock market analysts said.According to stock brokers, the last ten days’ net foreign inflows were Rs 292 million, which was quite a healthy situation, considering the turbulent […]
A delegation consisting of seventeen students from the University of Lincoln, UK, arrived on a short visit to Sri Lanka in order to study the lifestyle of the people of Sri Lanka, culture, heritage and tourism experiences offered by the destination. They also visited the Sri Lanka Tourism Promotion Bureau on their visit, in order […]