May 2020 - Page 2 of 18 - Lanka Business News

May 28, 2020

Seylan staff contribute a days’ salary Seylan Bank, the Bank with a Heart, has extended its support towards constructing a fully equipped Intensive Care Unit (ICU) at the Colombo East Base Hospital – a major service provider in the treatment of COVID-19 patients. The new ICU serves to enhance the Hospital’s capacity to secure the […]

May 28, 2020

Commenting on the popularity of the online gaming event, the Managing Director of Samsung Sri Lanka, Mr. Kevin Sungsu YOU says, “The success of the recent Esports events demonstrates that Samsung is keeping the spirit of Esports alive in Sri Lanka by delivering innovation and setting new benchmarks in Esports technology in the country. In […]

May 28, 2020

FY20 Highlights Consolidated revenue of Rs.20.8 billion, a decrease of 8.0% YoY Boosts stake in Watawala Tea Ceylon to 100% PAT amounted to Rs. 1.8 billion, up 60.0% YoY, due to strong healthcare sector results Healthcare revenue up 19.7% YoY to Rs. 11.2 billion Consumer Goods revenue contracted 7.0% YoY to Rs 5.4 billion Agri […]

May 28, 2020

NIVEA, the world’s No. 1 skin care brand,today announced that it has partnered with multiple e-commerce platforms making its wide portfolio of personal care brands now easily available to consumers with a simple click / at the touch of their fingertips. Launched across some of the leading e-commerce platforms including Cargills, DailyNEEDS, Daraz, Freshbox, GLOWMARK, […]

May 28, 2020

For a record breaking of 9 consecutive years, Sri Lanka’s most-loved cement brand INSEE SANSTHA is once again voted ‘People’s Housing and Construction Brand of the Year’ at the SLIM-Nielsen Peoples Awards held this year. This win bears testament to the unwavering loyalty of Sri Lankan consumers placed upon SANSTHA cement brand, especially on its […]

May 28, 2020

People’s Bank has tied up with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to provide a special COVID-19 relief loan scheme to members of CA Sri Lanka whose revenue has been negatively affected due to the COVID-19 pandemic. A Memorandum of Understanding (MOU) signifying the partnership was signed and exchanged by […]

May 28, 2020

Seylan Bank recorded a Profit after Tax of Rs. 902 Million in Q1 despite challenging market conditions. Net interest income increased by 7.28% during the 1Q 2020 while net fee and commission income from core banking activities witnessed an increase of 2% to reach Rs. 986 Million in 1Q 2020 as compared to Rs. 966 […]

May 28, 2020

A Thought Leadership Article by JLanka Technologies Social media networks were abuzz during the past few weeks as nature freely unraveled itself while humans were in lockdown. Images of wild animals roaming the streets were plenty. Also trending were pictures of clear, blue skies where once there was smog, dust and tangible pollutants. The world […]

May 28, 2020

K.V. Kuganathan, has been appointed to the board of directors of British Computer Society (BCS), the Chartered Institute for IT – UK with effect from March 2020.The BCS; a Royal Charter since 1984 defines the purpose of setting and maintaining standards of professional competence, conduct and ethical practice within the IT industry. The sole responsibility […]

May 28, 2020

CBL Samaposha aids the nation by ensuring continuous operations to strengthen the food supply chain and launching a series of activities to uplift children’s wellbeing during lockdown. In a time where the very basis of people’s lives was changed by COVID-19 and the ensuing lockdown, those at CBL Samaposha worked tirelessly to supply to the […]

Seylan Bank supports the Nation through construction of an ICU ward at the Colombo East Base Hospital

Samsung offers the ultimate Esports encounter for gamers during stay-at-home period

Sunshine Group ups its stake in Consumer business while delivering strong profits for FY20 amidst unprecedented challenges

NIVEA Sri Lanka expands market presence online through partnership with multiple e-commerce platforms

INSEE SANSTHA Cement Voted No. 1 People’s Housing & Construction Brand for Ninth Consecutive Year

People’s Bank joins hands with the Institute of Chartered Accountants of Sri Lanka to introduce a special relief loan scheme for their COVID-19 affected members

Seylan Bank records Rs. 902 Mn Profit-after-Tax in Q1 2020

Changing Perspectives: Transportation – Going Green Beyond the Pandemic

K.V. Kuganathan – Head of IT, Janashakthi Life appointed to BCS, the Chartered Institute for IT – UK board

CBL Samaposha facilitates the nation’s food supply chain and ensures children’s nutritional and educational development