COVID-19 to accelerate supply chain shifts in fragmented trade system: Moody’s
The coronavirus pandemic will likely accelerate fundamental shifts in trade relationships globally and particularly in Asia, Moody’s Investors Service has said. Ensuring supply security by enhancing...
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New Land Rover Defender – An icon reimagined for the 21st century unveiled by...
Across seven decades of pioneering innovation, Land Rovers have earned a unique place in the hearts of explorers, humanitarian agencies and adventurers. Proven in the harshest environments on earth,...
View ArticleRegional Development Bank accelerates digital impact with Oracle Cloud
~ Augmented analytics and conversational AI will bring new customer insight, helping the bank deepen relationship and trust with its customer base Regional Development Bank (RDB), the only 100%...
View ArticleHNB partners with Browns Agriculture for offers on agricultural equipment
Sri Lanka’s leading private sector bank HNB PLC, partnered with Brown & Company PLC to offer affordable leasing packages inclusive of attractive benefits for agricultural vehicles in the SME...
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20 year old Avishka will receive Rs. 50,000 a month from Nestomalt SALARY for...
Nestomalt has announced its first ever ‘SALARY for LIFE’ competition winner – Avishka Koswatte from Pilimathalawa. Only 20 years old, she will receive Rs. 50,000 every month from Nestomalt until she...
View ArticleCeylon Dollar Bond Fund gains on recovering Sovereign Bonds
~ Improving SL Economic Fundamentals offer one off profit opportunity The Covid-19 financial crisis led to a crash in SL Sovereign Bond prices from $ 100 to an all-time low of $ 48.15 in May as...
View ArticleRakuten Viber launches new tools to fight spam on the platform
Viber now empowers users to filter messages automatically and decide who can add them to groups, among other privacy-preserving features Rakuten Viber, one of the world’s leading apps for free and...
View Article‘Managed Maid’ by English Nursing Care to up-skill your domestic help to...
English Nursing Care (ENC), a total solution in home nursing and elderly care, expands its service offerings with the introduction of a brand-new service called ‘Managed Maid.’ The service was...
View ArticleList of institutions brought under the purview of Finance Ministry
Prime Minister Mahinda Rajapaksa has been appointed as the new Finance Minister of Sri Lanka. The new ministerial structure consisting 28 Ministries and 40 State Ministries was announced by President...
View ArticleDFCC Group records a PAT of Rs.1.8bn for 1H 2020
Advances grew by LKR 19Bn to 292 Bn (7% growth) Deposits grew by LKR 30 Bn to 278 Bn (12% growth) DFCC Group recorded a PAT of LKR 1.8Bn for the first half of the year 2020 Impairment charge of 1.5Bn...
View ArticleLocal Manufacturers Welcome New State Ministry for Pharmaceutical Manufacture
Sri Lanka Pharmaceutical Manufacturers’ Association President Sanjaya Jayaratne lauds new government The Sri Lanka Pharmaceutical Manufacturers’ Association (SLPMA) welcomed the newly elected...
View Article‘Seylan Fridays’ offer exciting discounts at Daraz.lk
Seylan Bank, The bank with a heart, recently partnered with Daraz.lk, Sri Lanka’s largest online shopping platform for an exclusive promotion, ‘Seylan Fridays’ offering site-wide discounts to all...
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Anchor team strives to provide safe re-start for schoolchildren of Biyagama
Life during the pandemic has been difficult for parents and children alike. The return to school is an important and welcome step, but it is important that children return to a safe and hygienic space...
View ArticleComBank’s Flash enables contactless payments for Tenaga Car Park services
Commercial Bank’s ‘Flash’ Digital Bank Account holders can now pay via the app for parking at Tenaga managed on-street and off-street parking spaces, without having to drive around looking for a...
View ArticleSIEMENS – DIMO Consortium continues to enhance National Power Supply with CEB
SIEMENS – DIMO consortium recently signed agreement with the Ceylon Electricity Board (CEB) to embark on the Medium Voltage distribution sub project package 05 of the “National Transmission and...
View ArticleCCC felicitates Prime Minister, new Cabinet and State Ministers
Colombo Chamber of Commerce felicitates Prime Minister Mahinda Rajapakse and the new Cabinet and State Ministers appointed with the clear mandate given by people of Sri Lanka at the general election....
View ArticleFirst Capital records PAT of Rs.1.07bn in 19/20 amidst challenging market...
First Capital Holdings PLC (the Group) the only listed investment bank in Sri Lanka, recorded a Consolidated Profit after Tax of LKR 1.07Bn for the year 2019/20, amidst negative headwinds that saw...
View ArticleCAL advises Sunshine Holdings on Rs.1.7bn acquisition of Daintee Limited
Consolidating its stance as a Sri Lankan family business expert, Capital Alliance Partners Limited (CAL) advised Sunshine Holdings PLC on the acquisition of Daintee Limited. The transaction was...
View ArticleSampath Bank, backed by a One Trillion Rupee Balance Sheet, works hand in...
The global economy took a steep downward trend with the outbreak of COVID – 19 pandemic epicentre shifting from China and East Asia to the United States and Europe. Most countries declared prolonged...
View ArticleAmãna Bank unveils Digital Self Banking Zone
Amana Bank recently commissioned a digitally enhanced Self Banking Zone at the Bank’s Dehiwala branch, with the aim of providing a convenient self-banking experience to its customers. The Self Banking...
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