Two new members to Monetary Board ; Constitutional Council to meet tomorrow
A Constitutional Council Meeting will be held tomorrow (24) at 6 pm at the Speaker’s Residence under the patronage of its Chairman and former Speaker of the Eighth Parliament Hon. Karu Jayasuriya....
View ArticleJKH enters US $ 175 mn long-term financing facility with IFC
Sri Lanka’s diversified conglomerate John Keells Holdings PLC has entered into a long-term financing agreement with the International Finance Corporation (IFC)for US Dollars 175 million to support...
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Sapphire Residences recommences construction whilst implementing measures to...
Colombo’s newest landmark on Galle Face Centre is once again a hub of activity as construction gets back into swing following the lifting of the lockdown. The Sapphire Residences and the ITC One Hotel...
View ArticleHNB Finance gets Fitch rating upgraded to ‘AA-(lka)’
Leading Sri Lankan Financial Services provider HNB FINANCE, recently had its National Long-term rating upgraded to ‘AA-(lka)’ with a negative outlook following the recalibration of Fitch’s rating...
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Sri Lanka’s external Strains set to persist beyond elections : Fitch
Sri Lanka’s stressed external liquidity position is set to remain a weakness for the country’s credit profile, says Fitch Ratings. Policymakers may be able to offer more clarity about their economic...
View ArticleHarpic Mission Wellbeing Supports Fight against Covid-19 in Gampaha District
Harpic, one of the most loved home care brands in the country, has been actively supporting the fight against the Covid-19 Pandemic, especially in the Gampaha District. The brand redirected resources...
View ArticleJAT Holdings and Isobar Sri Lanka step up to the mark to help carpenters and...
Stepping up to the mark during the COVID – 19 lockdown, JAT Holdings, the market leader in wood coatings in Sri Lanka for the past 25 years, and Isobar Sri Lanka, a leading full-service digital agency...
View ArticleSt. Mary’s College Chilaw in Partnership with Seylan Bank PLC Launches Sri...
Seylan Bank introduced a payment gateway facility, VOBA (Virtual Old Boys Association) at St. Mary’s College Chilaw, one of the oldest educational institutes in Sri Lanka. The school is the first in...
View ArticleEnjoy 12-month instalment plans on anything, anywhere with Nations Trust Bank...
Nations Trust Bank American Express is giving Cardmembers an exclusive opportunity to shop anything from anywhere locally or overseas and enjoy an extended settlement plan for 12 months with no...
View ArticleTISL launches Integrity Icon Sri Lanka 2020
Following the success of the Integrity Icon campaigns in 2018 & 2019, Transparency International Sri Lanka (TISL) is pleased to announce that nominations are now being accepted for Integrity Icon...
View ArticleADB expects SL economy to contract 6.1% this year
Sri Lanka’s gross domestic product (GDP) growth is forecast to contract 6.1% this year and grow 4.1% in 2021, the ADB said in a supplement to its Asian Development Outlook (ADO). Countries in...
View ArticleIFC Invests $175 Million in John Keells Holding’s Businesses in Sri Lanka and...
IFC, a member of the World Bank Group, is making a $175 million investment in John Keells Holding (JKH) to expand its supermarket chain in Sri Lanka and help fund expansion or refurbishment of hotel...
View ArticleHuawei ranks #6 among world’s most innovative companies 2020
Global leading ICT infrastructure provider Huawei has ranked No. 6 in BCG’s recent released list of the 50 Most Innovative Companies in 2020, moved up by 42 places. This is the highest ranking for the...
View ArticleDialog Launches Petralex, Sri Lanka’s 1st Fully Localised Hearing Enhancement...
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, in partnership with Petralex, the global leader in smartphone-based hearing enhancement solutions, announced the launch of the Petralex...
View ArticleRanee Jayamaha and Samantha Kumarasinghe to the Monetary Board ?
A Constitutional Council Meeting will be held at 6 pm today (24) at the Speaker’s Residence under the patronage of its Chairman and former Speaker of the Eighth Parliament Karu Jayasuriya. The...
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Farmers going digital with Govipola
Sri Lanka has been under lockdown for over 50 days now. With the number of cases close to 870, we do not know when normalcy will return. If we’re daily wage earners or if our job security is...
View ArticleCentral Bank Approves Rs. 28 Billion Loans at 4% among 13,861 Businesses...
Having identified the urgent need of reviving the businesses adversely affected by the COVID-19 outbreak and thereby to promote economic activity in the country, the Central Bank and the Government of...
View ArticleAmana Takaful’s ISO 9001:2015 recertification affirms commitment to service...
Amana Takaful PLC (ATL) was reaffirmed ISO 9001:2015 recertification for both its General and Family (Life) Takaful businesses recently. The renewal underscores the company’s continuous efforts to...
View ArticlePrime Group launches Waterfall Residencies – Malabe, Promoting Wellness...
Leading Sri Lankan property developer Prime Group, is adding to its award-winning and extensive portfolio of housing projects with Waterfall Residencies, a tranquil, nature-friendly residential...
View ArticleHNB Assurance to introduce new products faster with Oracle Cloud
HNB Assurance PLC (HNBA), one of Sri Lanka’s leading life insurers has gone live on Oracle Cloud Enterprise Resource Planning (ERP) to simplify and streamline its business processes as well as to...
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