Sri Lanka faces international censure over police inaction Oil industry revives quest for deepwater reserves Sri Lanka Ports Authority aims at 51-pct stake in new terminal amid delays Sri Lanka farmers advised to grow short maturing rice, other crops in 2017 Asia stocks edge higher, dollar up before U.S. payrolls Sri Lanka Port Authority makes Rs11bn in profits in 2016 Exxon stumps up $2.8 bln for Mozambique gas gateway to Asia Norway's wealth fund may blacklist firms over emissions, corruption risk UK urges Commonwealth partners to resist "seductive" protectionism Sri Lankan shares fall for third straight session; John Keells down Ravi K predicts foreign reserves will reach $ 10 b by end 2017 Modi, Ranil renew pledge to boost bilateral ties with new MoU Deutsche Post DHL Group optimistic of Sri Lanka; to expand with growth Frantic finish to fuel strike Government drags its feet on mega $ 3 b FDI Govt. steps up relief for Meethotamulla victims Sirisena assures economy is sound President, Premier lead Meethotamulla makeover Garbage piles up in Colombo with Meethotamulla dump site shut Work starts on $ 250 m Horton Square St. Regis Hotels and Residences China firm to study water supply options for Hambantota port, industrial zone Investors should get ready to ride GSP+ and expand in Sri Lanka: Harsha Sri Lanka gets backing for GSP+ at EU parliament Sri Lanka plans sovereign bond by June; seven lead managers Sri Lanka continues talks with IMF in Colombo Sri Lanka had cheaper options to fund sudden cash need than 30-year bonds: Official Sri Lanka, India to guarantee Indian Ocean freedom of navigation Sri Lanka should make urgent structural reforms: Central Bank Sri Lanka overturns ban on adopting elephants Sri Lanka President offers top security post to Fonseka National Front President Steps Down After Death Camp Remarks Trump Warns of ‘Major Conflict’ If Talks on North Korea Fail LSE Says Trump Has No Major Achievements in 100 Days EU Mulls Starting U.K. Trade Talks Before Fixing Brexit Bill Sum What Trump’s Done—or Undone—for Business in 100 Days Trump Says Good Ties With China More Important Than Taiwan Call Merkel Talks Tough on Migrants in Election Campaign Warm-Up Trump Says Lemons Are One Reason Macri Is Visiting EU, U.S. Condemn Storming of Parliament in Republic of Macedonia All for One: Emboldened EU United Against U.K. Over Brexit

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" Business Today with Shehan Bartholomeuz "

Mr.Shehan Bartholomeuz

COO - Capital One

News Updates

01.06.2017

LOLC dethrones JKH to become most profitable listed corporate

Lanka Orix Leasing Company (LOLC) has emerged as the most profitable listed corporate, dethroning premier blue chip JKH.

As confirmed by interim results released yesterday, the LOLC Group’s post-tax profit in the 2016/17 financial year was a mammoth Rs. 21 billion, as against that of JKH, which last week reported a figure of Rs. 18.1 billion.

LOLC’s bottom line was Rs....

21.03.2017

Sri Lankan insurance industry yet to realise full potential

The insurance industry in Sri Lanka is still at early stage of the lifecycle despite the growth momentum in recent times. Despite low penetration, total insurance premium income over the last five years has witnessed higher growth relative to GDP growth of the country with total industry assets growing at a 14% CAGR annually. 

The industry can be segregated into Life insurance an...

09.03.2017

LOLC buys majority stake in Cambodian microfinance firm

Daily Ft: LOLC International Ltd., a wholly-owned subsidiary of Lanka ORIX Leasing Company (LOLC), and The Bank of East Asia (BEA), have acquired a majority interest in PRASAC Microfinance Institution Ltd.

The acquisition was made from Belgian Investment Company for Developing Countries SA (BIO), Dragon Capital Group Ltd. and Nederlandse Financierings-Maatschappij voor Ontwikkeling...

14.11.2016

LOLC’s globally recognised microfinance model ventures into Pakistan

Daily Ft: The LOLC Group on Friday inked a historic joint venture with Pak Oman Microfinance Bank Ltd., to introduce LOLC’s exceptional and globally accepted Microfinance model to the people of Pakistan.

Having observed LOLC’s uniquely effective microfinance business model and its success stories in Sri Lanka, Myanmar and Cambodia, Pak Oman Microfinance Bank Ltd. which is a joint vent...

11.11.2016

LOLC in massive Maldives push

LOLC Group marked its first overseas leisure venture in the Maldives and also broke new ground in Sri Lanka-China relations last week, announcing its North Malé Resort Development project in partnership with State-owned China Machinery Engineering Corporation (CMEC).

Presenting three brand new islands to CMEC last Thursday, LOLC announced the massive and innovative 50:50 JV project va...

11.11.2016

Ethical conduct critical to attract international financial industry- CFA Sri Lanka Capital Market Awards 2016

Daily Ft: The CFA Society of Sri Lanka believes engraving the value of ethical conduct among capital market participants would be critical to garner confidence of the international financial industry, which would ultimately determine the country’s position in the ever-competitive global financial landscape.

“We firmly believe that while a well-structured regulated capital market is...

10.11.2016

Positioned for sustainable growth: Private healthcare industry in Sri Lanka

Sri Lanka’s per capita health spend is relatively low compared to the average per capita health spend of upper-middle-income countries albeit the country maintains better health indicators in the region. In the two-tier health system, Sri Lankan public sector provides free medication while the private sector services more affordable patients.
While there is a...

Our Group

LOLC

LOLC Group is the largest Non-Banking Financial Conglomerate in Sri Lanka. It is listed in Colombo Stock Exchange and its market capitalization amounts to USD 250million.Group’s total asset base amounts to USD 2.2 billion.

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LOLC Securities

LOLC Securities is a trading member of Colombo Stock Exchange, facilitating transactions in listed securities. It is a leading stock broking and sell side research firm in Sri Lanka.

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