Weight matters: CEAT gloves-up for heavyweight division with ‘LYFMAX’
Launches premium 115-lb, 10.00 20 size, bias-ply contender for truck and prime mover operators looking for heavy load-carrying tyres CEAT Kelani Holdings has achieved another production milestone with...
View ArticleHSBC launches extended relief programme for most vulnerable communities
The real challenge of COVID-19 goes far beyond the parameters of healthcare. It’s changed the way we interact socially, and challenged the most fundamental of human needs such as access to food,...
View ArticleSLT continues as ICT Partner of Sri Dalada Maligawa
SLT has strengthened its partnership as the official ICT Service Provider of the Sri Dalada Maligawa, Kandy for the 8th consecutive year. An agreement was signed recently to provide multitude of ICT...
View ArticleCSE offers guidance to its stakeholders on the Empower Board Listing Rules
The Colombo Stock Exchange (CSE) has offered guidance to Stakeholders on areas that require further clarity in relation to the Empower Board Listing Rules. The guidance note is intended at offering...
View ArticleHuawei Y6p launched with a 4GB RAM + 64GB ROM large storage
Setting a new benchmark for entry-level smartphones, Huawei, the innovative smartphone manufacturer, recently launched Huawei Y6p featuring 4GB RAM + 64GB ROM. Huawei Y6p is considered as the...
View ArticleCrocodile at One Galle Face Mall partners with Round Table Sri Lanka
Crocodile is excited to announce its latest strategic partnership with Round Table Sri Lanka. The partnership, which was announced at the AGM of Round Table Sri Lanka at The Blue, Hilton will enable...
View ArticleSri Lanka Tourism to support SME’s and product development with EU funding
Sri Lanka Tourism has been in discussion with the European Union Office in Colombo regarding the most effective use of a Euro 3.5 million government to government grant offered to help recover from...
View ArticleExtension of import controls further batters Sri Lankan economy : Advocata
Advocata Institute, a Colombo-based policy think tank, urged the government to eliminate import controls on consumer goods and raw materials, as import restriction would distort production and raise...
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Committee on irregularities and illegal activities of Finance and Finance...
In view of the recent developments in the finance leasing business, the Governor of the Central Bank of Sri Lanka appointed a three member committee to examine and report on the irregularities and...
View ArticleV- shaped recovery for Lankan exports as June export earnings reach $ 950 mn...
Sri Lanka’s export earnings have increased to US $ 950 million in June 2020 from US $ 602 million in May, customs provisional statistics outlined, which is a positive signal that Sri Lanka is in the...
View ArticleCB announces 100 bps rate cut
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 08 July 2020, decided to reduce the Standing Deposit Facility Rate (SDFR) and the Standing Lending Facility Rate (SLFR) of...
View ArticleSri Lanka Tourism lobbies for inclusion in travel corridors
Sri Lanka Tourism is working closely with the Foreign Affairs Ministry to include Sri Lanka in developing travel corridors for travel with no quarantine overseas, for returning tourists or visiting...
View ArticleCOVID-19 pandemic plunges working world into crisis: ILO
Geneva (Reuters): Global leaders called for a comprehensive approach to counter the impact of the coronavirus pandemic, which International Labour Organization chief Guy Ryder said on Wednesday had...
View ArticleOracle Autonomous Database now available in customer Datacenters
~ Addresses data sovereignty, security, and performance concerns that prevent some enterprise workloads from moving to the public cloud ~ Samsung SDS and NTT DoCoMo, welcome Autonomous Database on...
View ArticleHNB announces exclusive partnership with myfees.lk
Sri Lanka’s leading private sector bank HNB PLC announced the beginning of an exclusive partnership with the first and only local education payment platform, myfees.lk. Powered by HNB, the payment...
View ArticleSampath Bank and UCSC to develop Blockchain Based Shared KYC Platform
~ Pathbreaking CBSL project set to transform country’s financial services landscape and promote financial inclusion Sampath Bank PLC joined hands with the Central Bank of Sri Lanka (CBSL) on a...
View ArticleSri Lanka’s GDP to contract in 2Q 2020 and rebound in second half: CB
Sri Lanka is expecting a contraction of gross domestic product (GDP) in the second quarter of 2020 and a sharp rebound in the second half of the year, Chandranath Amarasekara, Director of Economic...
View ArticleWe are pressurizing banks to cut rates – CBSL chief
The Central Bank of Sri Lanka today (09) stated that they are pressurizing banks to pass on the rate cuts to borrowers without any further delay. The CBSL’s monetary board at its meeting held on 08...
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SLT introduces Kubernetes Container Services (AKS) and Event Hub services on...
Sri Lanka telecom has announced their latest addition, intelligent cloud to the SLT Akaza cloud family with the introduction of Microsoft Azure stack hub recently. Now SLT has added many server less...
View ArticlePeople’s Bank collaborates with IDB to support 5,000 MSMEs
People’s Bank has tied up with the Industrial Development Board (IDB) to initiate a programme to develop Micro, Small and Medium Enterprises (MSMEs) in the country. A special event to announce the...
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