Hatch announces partnership with HubSpot
Hatch continually strives to give startups and SME’s expertise, support, and mentorship through their entrepreneurial journey. Its commitment to bringing about lasting change has driven it to build...
View ArticleCustoms to destroy all confiscated illegally imported Beedi leaves
Stocks of illegally imported tobacco leaves which are confiscated will no longer be auctioned but destroyed under strict supervision, according to a cabinet decision taken on Wednesday (09). The...
View ArticleCB has necessary instruments to mop up excess liquidity if need arises – Dr....
The Central Bank of Sri Lanka yesterday (09) defended its money printing and stated that the bank has the necessary instruments to mop up excess liquidity if the need arises. “Excess liquidity is a...
View ArticleGold price hits record high
The gold price hit an-all time high on Thursday (09) with the price of 24 -carat gold sovereign reaching Rs.100,000 for the first time in history. According to the Colombo Gold Rates, 24-carat gold...
View ArticleUNDP and EU support COVID-19 response of 134 local government authorities
The United Nations Development Program (UNDP) has provided COVID-19 protective and preventive equipment to 134 Local Government authorities across the Eastern, Northern, North-Central and Uva...
View ArticleSeylan Banks Hosts Its First Fully Fledged Virtual AGM
Seylan Bank PLC successfully concluded its 33rd Annual General Meeting on a virtual platform on the 24th of June 2020. The AGM which was scheduled to be held on the 30th of March 2020 was postponed...
View ArticleAxiata Digital Labs Leads TM Forum Collaborative Catalyst Project
Axiata Digital Labs (ADL) today announced its participation in TM Forum’s renowned collaborative proof-of-concept Catalyst program focused on co-creating innovative solutions to important industry...
View ArticleCounting chickens: How the poultry industry delivers food security
Across Asia, the issue of food security perpetually hovers over numerous poor and working class households. Many global social organisations list malnutrition as a major regional challenge, with...
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Central Bank approved more than Rs. 60 billion working capital loans to...
The Central Bank of Sri Lanka (CBSL) approved 22,306 loans amounting to Rs. 60,250 million under the Saubagya COVID-19 renaissance facility as of 10th July 2020 with the approval given for 2,066 new...
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Maliban, first food company to get COVID-19 Safety Management System...
The undisputed pioneer in Biscuit Manufacturing, Maliban Biscuit Manufactories (Pvt) Ltd was recently awarded with the COVID-19 Safety Management System certification from Sri Lanka Standards...
View ArticleSri Lanka SMEs initiate global platform call to India for frontline JVs
COSMI reveals frontline SME sectors of investment to Indian SMEs ‘NTBs and administrative stipulations hampering SME exports’-Rajabdeen 2019 Indo-Lanka trade at US$ 4.5 Billion Sri Lankan SMEs have...
View ArticleIFS recognized as a Top Export Corporate Brand by Brands Annual
IFS, the global enterprise applications company, was recently recognized in the top five Export Corporate Brands for IT Services in the latest edition of the Brands Annual magazine. IFS secured this...
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Autogroup International steers into 25 years in conversion and re-manufacture...
People around the world cherish US manufactured SUV’s and Pick-up trucks for their premium look and features coupled with the ample spaciousness which is a key for travelling purposes. But most of...
View ArticleCSE trading halted for 30 minutes
Regular trading at the Colombo Stock Exchange (CSE) was temporarily halted for 30 minutes from 11.02 am to 11.32 am this morning (13) as S&P SL20 index dropped by 5% during the trading session....
View ArticleSri Lanka regulator suspends business activities of ‘ETI Finance’ and...
The Central Bank’s (CBSL) Monetary Board has decided to suspend the business activities of ETI Finance’ and ‘Swarnamahal Financial Services’, effective from 13 July 2020. The decision has been taken...
View ArticleSL’s Special Deposit Account receives $87mn. Further measures to encourage...
The Government of Sri Lanka introduced the Special Deposit Account (SDA) on 08.04.2020 to seek assistance for the national effort to overcome the effects of COVID-19 outbreak in the country. It is...
View ArticleCeylinco Life continues Green journey with foundation stone for new...
Ceylinco Life recently laid the foundation stone for a purpose-designed environment-friendly building for its branch in Piliyandala, continuing the greening of the Company’s operations undeterred by...
View ArticleClick to Pay: Mastercard expands simple and secure digital checkout...
As Asia Pacific shifts rapidly to digital commerce, Mastercard is bringing the next generation of seamless payments to the region with an online checkout solution that eliminates passwords, protects...
View ArticleDIMO Agri Machinery Division together with Mahindra Tractors supports “Waga...
With its aim to assist in the process of reviving the country’s economy, the Agri Machinery Division of DIMO together with its partner Mahindra tractors came to the fore in supporting the country’s...
View ArticleSri Lanka official reserves increase to $6.6bn in June 2020
Sri Lanka’s gross official reserves grew by US$193.3 million to US$ 6,693.2 million in June 2020 from US$ 6,499.9 in May 2020, latest Central Bank data showed. By the end of June, foreign currency...
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