Sri Lanka’s biggest insurer, Ceylinco Insurance has reported another successful year, recording a post-tax profit of Rs.2.1 billion for the year ended 31st December 2014. In a statement on Monday, the company said the General and Life Divisions of Ceylinco Insurance, recorded profits after tax of Rs.780 million and Rs.1,363 million, respectively. “Moreover, the consolidated results recorded an imposing expansion, with the profit before tax reaching an exceptional Rs.4 billion, and the after tax profit standing at Rs.2.9 billion,” the company said. - ENDS -
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
Deputy Minister of Finance and Economic Stabilization and NPP National List MP Harshana Suriyapperuma who is tipped to be named the next Finance Ministry Secretary resigned from Parliament today.
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