People’s Bank Colombo Outer Region – Overall Athletic Champions of People’s...
People’s Bank Annual Sports Meet organized by the People’s Bank Sport Club, was recently concluded at the Vincent Dias Grounds, Badulla. The Sports Meet was held in the aim of encouraging...
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Tokyo Cement ‘Divi Shakthi’ Trains over 200 Dealers in SME Business...
Tokyo Cement ‘Divi Shakthi’ training workshops on business management, conducted together with the International Finance Corporation (IFC), has successfully trained over 200 Sub-dealers and...
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Aviraté unveils Christmas collection to its diva customers
Aviraté, an international lifestyle fashion brand owned by Timex Garments (Pvt) Ltd, recently unveiled its drop-dead gorgeous Christmas collection to its diva customers who were invited to have a sneak...
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Emirates Holidays honours top eight agents in Sri Lanka
Eight Sri Lankan travel companies that have contributed significantly to the growth of Emirates Holidays in the local market were honoured at a gala awards ceremony in Colombo recently. Hosted by...
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Janashakthi Continues To Nurture the Next Generation of Insurance Professionals
Janashakthi Insurance recognised six students of the Wayamba University ‘Insurance and Valuation Degree’ batch for their outstanding performance at a special awards ceremony recently, where the batches...
View ArticleSASEC Operational Plan Launched in Sri Lanka
The Asian Development Bank (ADB) has launched the new South Asia Subregional Economic Cooperation (SASEC) Operational Plan 2016-2025, marking the program’s first comprehensive long-term plan to promote...
View ArticleSanjay Tiwari new President of the The Sri Lanka Ceramics and Glass Council
Mr. Sanjay Tiwari, Managing Director & CEO, of Piramal Glass Ceylon PLC was elected as the new President of the Sri Lanka Ceramics and Glass Council at its 3th AGM held recently at the Cinnamon...
View ArticleSri Lanka’s 2017 Budget Announces Relaxed Laws for Foreign Property Owners
Breaking news this month is sending a wave across Sri Lanka and the world – the 2017 budget has been announced, and leading property portal Lamudi claims, it’s great news for real estate! Following the...
View ArticleADB Provides USD 250 million to implement Capital Market Development Program
The Government entered into a loan agreement with the Asian Development Bank to obtain a loan of USD 250 million from the Ordinary Capital Resources Fund of the Asian Development Bank to implement the...
View ArticleBrandix dedicates its Head Office to Deshamanya Ken Balendra
The Brandix Group has paid tribute to an inspirational trailblazer by naming its Head Office at Rheinland Place, Colombo 3, after the legendary business leader Ken Balendra, the Group’s first Chairman,...
View ArticleCommercial Bank ranked 2nd in Business Today’s Top 30
The Commercial Bank of Ceylon PLC has been ranked second in Business Today’s ‘Top 30’ public listed companies in Sri Lanka in 2015-16 for the fourth consecutive year. This is also the ninth year that...
View ArticleCOMBANK’s fully owned subsidiary Commex inaugurated in Italy
Commex Sri Lanka S.R.L., a fully-owned subsidiary of Commercial Bank of Ceylon PLC has inaugurated its money transfer operation in Italy, following the grant of a Money Transfer Licence from the Bank...
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Arpico shoppers can win 200 overseas holidays this Christmas
The excitement of shopping will extend well beyond the festive season this year for customers of the Arpico retail chain, thanks to the return of the customary year-end promotion that offers overseas...
View ArticleColombo Stock Exchange powers CA Sri Lanka’s 52nd Annual Report Awards as...
The Colombo Stock Exchange (CSE) has once again extended its support for the prestigious Annual Report Awards Competition organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri...
View ArticleZMAX Fairway Colombo hosts the Colombo Art Biennale’s Video Jam
Colombo’s newest hip city hotel, the ZMAX Fairway Colombo, will host the Colombo Art Biennale’s opening party at the rooftop lounge, adding to its growing reputation as a cultural oasis in the heart of...
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Sri Lankan founded Kashmi launches digital banking platform for East Asia
Approximately 12 months ago a small team of Sri Lankan technology entrepreneurs ventured into the Singaporean market and changed the way millennials transact. Today Kashmi is the largest...
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Tropic of Linen features a scintillating collection by noted Pakistani...
The eclectic and premium boutique, Tropic Of Linen, announced a special edition weekend sale on 3rd and 4th December 2016, at No.1 Wijerama Mawatha, Colombo 7, featuring its first regional designer...
View ArticleSri Lanka shares hit near 8-mth low ahead of cenbank rate decision
Reuters – Sri Lankan shares fell on Monday to a near eight-month low, ahead of central bank policy rate announcement as investors kept to the sidelines amid concerns over budget tax proposals including...
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Monetary Policy Review – November 2016
As envisaged, the growth of credit extended to the private sector by commercial banks decelerated considerably during September 2016, in response to monetary policy measures adopted by the Central Bank...
View ArticleLicensing, Regulation and Supervision of Companies Carrying On Microfinance...
The Microfinance Act, No. 6 of 2016 was enacted with the objective of providing a regulatory framework to cover microfinance institutions that are not regulated at present. The purpose of the Act is to...
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