SLIM restarts the recognition of brands that excelled during adversity
With the onset of the Covid19 pandemic businesses came to a virtual standstill with economies plummeting and the integrity of brands being tested as never before. The uncertainty still continues to...
View ArticleHNB ramps up COVID relief with extension of over Rs. 350 Bn in loan moratoriums
Debt moratoriums provided to over 65,000 individuals and enterprises 9.5 billion approved at 4% interest via CBSL relief schemes Establishes Rs. 5 billion HNB COVID relief fund in support of local...
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The ‘bounce’ is certainly back in exports – EDB Chairman
Earnings from merchandise exports rebounded in June 2020 to US $ 906.02 Mn as per the Customs statistics, with the export sector progressively commencing actions following the relaxation of lockdown...
View ArticleComBank conducts webinar on Financial Literacy & Banking Solutions for Micro...
The Commercial Bank of Ceylon conducted a webinar on Financial Literacy and Banking Solutions for Small, Medium and Micro Entrepreneurs recently, in collaboration with the Institute of Certified...
View ArticleBrandix, Sri Lanka’s ‘Largest Corporate Blood Donor’ for 10 Successive Years
Brandix was felicitated as the ‘Largest Corporate Blood Donor’ for the 10th consecutive year by the National Blood Transfusion Service (NBTS) on World Blood Donor Day, for the donation of over 3,500...
View ArticleDIMO accelerates to a Digital Age of Customer Experience
Reassuring its commitment towards providing the Best Customer Experience, DIMO recently implemented several projects to elevate the customer experience by introducing numerous digital platforms. “DIMO...
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Tokyo Cement supports The Navy bring Underwater Museum in Trincomalee to life
Sri Lanka’s second underwater museum situated off the Sandy Bay beach in Trincomalee was brought to life recently, adding yet another must-experience hotspot to the Country’s extraordinary travel...
View ArticleICTA announces e-Swabhimani 2020
Information and Communication Technology Agency of Sri Lanka (ICTA) the premier government institution driving the nation towards digital inclusivity, calls for applications for the e-Swabhimani 2020,...
View ArticleCapitol TwinPeaks apartment project set for completion
Capitol TwinPeaks, the flagship, 50-storey, twin tower, mixed development venture of the Sanken Group, returned to construction on 18 May 2020 and is now proceeding at full force. Having achieved...
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Sri Lanka unemployment rate increases to 5.7% in 1Q 2020
Sri Lanka’s unemployment rate has risen to 5.7% in the first quarter of 2020, data from the state statistics office show. The number of unemployed persons is estimated as 483,172 during the first...
View ArticleAirline industry disruption due to Covid has far-reaching effects: Moody’s
The global airline industry has been disproportionately affected by COVID-19 and is one of just a few industries that saw more than 90 per cent of demand fall within weeks of the global spread of the...
View ArticleSri Lanka Central Bank lists measures taken for Covid-19 relief
The Central Bank of Sri Lanka ( CBSL) has listed measures taken to ease cash pressure on the banking system during the COVID-19 crisis. Being the apex financial institution of the country, the Central...
View ArticleSahana Package from Mahindra and Ideal Finance enables affordable vehicle...
Mahindra Finance, India’s leading Non-Banking Finance Company together with Ideal Finance Ltd, the finance arm of the Ideal Group, recently introduced a special COVID Sahana package to facilitate...
View ArticleSeylan Merchant Portal facilitates contactless payments at Informatics...
Understanding the importance of facilitating contactless payments, Seylan Bank has enabled the Informatics Institute of Technology (IIT) to manage their entire scope of digital payments through Seylan...
View ArticleBOC “Divi Udana” Micro and SME Entrepreneurship Development; Empowering the...
Bank of Ceylon acknowledging its inherent responsibility as the beacon of hope, for the Sri Lankan community to elevate itself from crisis and rebuilding, has extended a gamut of benefits for the...
View ArticleOracle Helps Finance Teams Build Resilience and Return to Growth
Finance leaders are facing the biggest challenge of their careers. To help them build resilient and adaptable businesses and chart a course back to growth, Oracle is announcing important updates to...
View ArticleAmãna Bank continues its dividend journey by declaring an Interim Scrip Dividend
Having previously paid two continuous cash dividends in 2018 and 2019, Amãna Bank has announced an Interim Scrip Dividend of eight cents per share for the Financial Year 2020, in line with the latest...
View ArticleDaraz brings back Mobile Week, the biggest mobile and electronics sale of the...
Sri Lanka’s largest online marketplace, Daraz, is ready to host its signature mobile and electronic sale of the year, Daraz Mobile Week 2020. Set to go live from 27 July to 2 August, the Mobile Week...
View ArticlePeople’s Bank further slashes loan interest rates up to 6% to support SMEs...
As the bank of the people, People’s Bank has stepped forward to fulfill its obligations and assist the Government’s ongoing efforts to re-start the Sri Lankan economy and help the people of the...
View ArticlePort City Colombo promotes business opportunities for Indian investors
Port City Colombo, Sri Lanka’s single largest foreign direct investment and mega city development project is to promote its investment opportunities for the Indian business community. CHEC Port City...
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