The Sunday Leader

Corporate Crooks


Good Governance Crusader Urges Crackdown On Crony, Corrupt Capitalism by Wiraj Silva One of Sri Lanka’s leading corporate governance activists – K. C. Vignarajah urged the United National Front for Good Governance (UNFGG) to immediately ensure that corporate corruption and crony capitalism are eradicated from the private sector in general and public quoted companies in [...]

Debt Payback To Reach Rs 2T Between 2019-22


To Peak Touching US$ 3,913M In 2025 by Amila Ekanayake Sri Lanka’s debt repayment is to peak to a staggering US$ 13,795 million or passing the two trillion Rupee mark to reach approximately Rs  2,069,250 million within the four year  window between 2019- 2022. According to FinMin statistics foreign debt servicing schedule shows clustering during [...]

Fairway Gives Rs 550M Boost For Multi Finance


Central Bank Yet To Strengthen NBFI Sector by Dinesh Isuru One of Sri Lanka’s leading private sector organizations – Fairway Holdings this week  infused Rs 550 million much-needed capital by way of private placement for the troubled registered finance company (RFC) –  Multi Finance PLC, which many believe became distressed along with several other RFCs [...]

Mobitel To Ring STCB BNS Live In Concert


Sri Lanka Telecom Mobitel is to partner as the Principal Sponsor of BNS Live In Concert organized by the Class of 2015 old boys of S. Thomas’ College Bandarawela in celebration of the Diamond Jubilee (75th Anniversary) of the most esteemed institution of the Uva Province. The Concert which is to be held on 5 [...]

CCC Announces ‘Future of Business’ Innovation Strategy Event

Changing business models and new technology opportunities will be the focus of the Ceylon Chamber of Commerce’s new initiative- the ‘Future of Business’ Innovation Strategy and Learning Event’, where leaders in Sri Lankan companies will gain unique and practical insights that can transform their business. Taking place on 24 March 2017, the event is aimed [...]

Understand Supply Chain & Global Standards

CCC-GS1 Joint Workshop On How To Utilize GS1 The Ceylon Chamber of Commerce together with GS1 Lanka will hold a workshop under the title ‘Understand Supply Chain through Global Standards’ which will explain to participants on how to use GS1 standards, the most widely used supply chain system in the world as a common language. [...]

Singer Sri Lanka Reports Strong Growth In 2016

Dr. Saman Kelegama

Singer (Sri Lanka) PLC announced today its results for the year ended December 31, 2016.  The results showed excellent growth.   Group Revenue increased 21% over the previous year to Rs. 46.9 Billion and Group Net Profit increased 91% to Rs. 2,358 Million. The growth in Revenue and Net income is primarily due to the significant [...]

Building Resilience, Supporting Growth

Government Can Help Businesses Adjust To Trade Liberalization – CCC The Ceylon Chamber of Commerce today released a document containing recommendations on helping Sri Lanka’s industries prepare for trade liberalization. The policy brief titled, ‘Building Resilience, Supporting Growth: Preparing the Domestic Private Sector for Trade Liberalization’, provides insights on how to consider the types of [...]

Lanka Bell To Connect 35K+ Households And Businesses In Record Time

Lanka Bell, Sri Lanka’s iconic telecom operator has achieved a significant milestone by reaching 35,000+ households and businesses with its fourth-generation LTE internet connectivity branded as Bell4G. Within a short duration, Bell4G has raised the bar from serving 15,000 to 35,000+ customers. Moreover, Bell4G enables Lanka Bell to be on par with or supersede the [...]

Neochem International Appointed Authorized DistributorFor Akzonobel

Sole Rep. For Personal Care, Cleaning And Fabric Care Neochem International (Pvt) Limited, one of Sri Lanka’s innovative solution providers for chemical products, has been appointed as the authorized Sole Distributor for selected products of AkzoNobel, the world’s largest coatings and specialty chemicals company, with leading market positions and brands in countries across the globe. [...]

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