Softlogic Supermarkets Pvt Ltd CEO Andrew Dalby (left) handing over the first purchase made at the newly launched Softlogic GLOMARK in Delkanda to Softlogic Holdings PLC Chairman/MD Ashok Pathirage Source link … [Read more...] about Softlogic opens first supermarket
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Hefty tax reversal boosts Softlogic Sept. quarter – Daily Mirror
Softlogic Holdings PLC returned to profit during the three months ended September (2Q19) amid a substantial tax reversal at the group’s life insurance business, while the group’s key retail business and other segments reported modest performances.The retail behemoth, which has interests in healthcare, information technology, financial services, leisure and automobiles … [Read more...] about Hefty tax reversal boosts Softlogic Sept. quarter – Daily Mirror
CB raises key rates in surprise move to support currency – Daily Mirror
From left: Central Bank Governor Dr. Indrajit Coomaraswamy and Deputy Governor K.D. Ranasinghe Pic by Indraratne Balasuriya CB raises lending rate by 50 bps, deposit rate by 75 bps Economic growth to be subdued, less than envisaged - cbank Foreigners sell stocks, govt bonds amid political uncertainty Rupee hits fresh record low after policy tightening Sri Lanka’s … [Read more...] about CB raises key rates in surprise move to support currency – Daily Mirror
ComBank resilient despite surge in NPLs, higher taxes – Daily Mirror
Commercial Bank of Ceylon PLC (ComBank) yesterday showed it has what it takes to withstand the shocks in the wider economy and could still post strong profits and growth. According to the interim financial accounts for the quarter ended September 30, 2018 (3Q18) released to the Colombo bourse, ComBank has recorded 25 percent year-on-year (YoY) growth in earnings to Rs.5.1 … [Read more...] about ComBank resilient despite surge in NPLs, higher taxes – Daily Mirror
Weathering the storm: Improving disaster resilience of Sri Lanka’s rural workers – Daily Mirror
Droughts, floods, landslides, and cyclones have frequented the Sri Lankan newspapers in 2018. From February to March this year, nearly one million people in six provinces in the country were affected by a severe drought, according to Sri Lanka’s Disaster Information Management Centre (DIMC). In May 2018, floods and landslides, triggered by the Southwest monsoon rains, … [Read more...] about Weathering the storm: Improving disaster resilience of Sri Lanka’s rural workers – Daily Mirror
