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ADB to hold second stage of 2020 Annual Meeting as virtual event

The Asian Development Bank (ADB) will hold the second stage of its 53rd Annual Meeting as a virtual event on 17–18 September. The event will include a formal business session and selected knowledge...

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ComBank’s Easy Payment Plan merchant base grows to 2000

The Commercial Bank of Ceylon has announced that its merchant base registered to offer Easy Payment Plans (EPPs) and 0% interest purchase to the Bank’s Credit Card holders has reached 2000,...

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Emirates’ A380s return to the skies

Emirates will deploy its iconic A380 on its daily Amsterdam service, and add a second daily A380 service to London Heathrow starting from 1 August. This announcement follows the Emirates A380’s return...

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With Covid-19, Management Professionals have the Major Challenge of Charting...

“Covid-19 has drastically altered the landscape of human activity. There is a term heard quite often these days – ‘The new normal.’ For us individually, ‘the new normal’ means social distancing,...

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Sri Lanka’s love for ‘Extra’ and Chicken Fried Rice: The Uber Eats Cravings...

Uber Eats today released the Sri Lanka chapter of The Uber Eats Cravings Report 2020, a snapshot of the country’s favourite cravings and the most popular binge-worthy dishes. Conducted between the...

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CSE announces new listing opportunities

The Colombo Stock Exchange (CSE) has expanded the eligibility criteria for initial listing of shares on the Main Board and the Diri Savi Board which will enable a wider spectrum of companies to...

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Standard Chartered finances apparel manufacturer Brandix for Personal...

Standard Chartered Sri Lanka announced today (15) that Brandix is the latest company to complete a drawdown from the Bank’s global USD1 billion COVID-19 financing commitment, underscoring its ongoing...

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Sri Lanka Treasury Bill rates plunge to 30-yr low

T-bill rates fall to lowest since 1989 Sri Lanka Treasury Bill yields rates fell to a record low in Wednesday’s auction to their lowest levels since 1989. Accordingly, Treasury Bill rates fell below...

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SLTDA creates provisional licensing to assist SMEs

Sri Lanka Tourism Development Authority (SLDTA) is rolling out provisional licensing to assist the SMEs enabling them to seek COVID-19 health certification to host tourists in the future. Sri Lanka...

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Sophos survey reveals 70% of organizations fall victim to Public Cloud...

~ Ransomware and malware, exposed data, compromised accounts, and cryptojacking to blame ~ GDPR shows promise with Europeans suffering least According to The State of Cloud Security 2020, a global...

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DFCC Migrates to Google Enterprise with Finetech Consultancy

Sri Lanka’s pioneer Development Finance Institution DFCC Bank partnered with Finetech, the Google Premier Partner for Sri Lanka, Maldives and Bangladesh back in 2016 to usher in the digital age....

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Iconic Galaxy: Construction of topmost floor slab to be completed in September

Leading infrastructure developer Iconic Developments is set to begin the final phase of construction of its self-contained luxury apartment complex, the Iconic Galaxy in Rajagiriya this September with...

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HNB FINANCE extends Gold Loan facility to Padaviya branch

Sri Lanka’s leading integrated financial services provider HNB FINANCE, is further expanding the footprint of their chain of prestigious gold loan facilities with a center at the HNB FINANCE branch...

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Amãna Bank launches Vantage Debit Card

Amana Bank Vantage, the Bank’s distinct personalized Banking platform catering to those aspiring to expand their horizons in life, recently launched its very own Vantage branded contactless VISA Debit...

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Sampath Bank renews partnership with Bar Association of Sri Lanka

Sampath Bank recently renewed its partnership with the Bar Association of Sri Lanka (BASL), the professional body for legal practitioners in Sri Lanka, for the reintroduction of its Affinity VISA...

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Melsta Hospitals – Ragama staff members and first line of contact reveal...

The hospital continues operations under the close guidance of the PHI and MOH Following the recent update from Melsta Hospitals – Ragama, where a staff member was tested positive for Covid-19, it has...

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Manufacturing PMI rebounds in June 2020

Benefitting from the normalizing of economic activities in the country following the complete relaxation of the restrictions for mobility, the Manufacturing PMI increased significantly in June 2020...

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Major US Twitter accounts hacked in Bitcoin scam

BBC – Billionaires Elon Musk, Jeff Bezos and Bill Gates are among many prominent US figures targeted by hackers on Twitter in an apparent Bitcoin scam. Photo – A hacked tweet from Apple’s account The...

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Continuation of Measures Taken to Preserve the Foreign Currency Reserve...

With a view to preserve the foreign currency reserve position of the country and considering the possible negative impact to the Sri Lankan economy due to the outbreak of Covid-19 pandemic, the Hon....

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Dialog Axiata introduces Multi-Biometric Features on the MyDialog App to...

Sri Lanka’s premier connectivity provider, Dialog Axiata PLC. recently introduced a novel addition to the MyDialog App in the form of a state-of-the-art solution for customer data protection, an...

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