Pan Asia Bank opens 84th and 85th branches in Hikkaduwa and Weligama

 Pan Asia Bank opened its 84th and 85th branches in Hikkaduwa and Weligama on December 21st. 

DFCC Bank credit card gives you more than one reason to shop

DFCC Bank is extending special savings for DFCC credit card holders for a memorable festive season right through the month of December. DFCC credit card holders can avail of amazing discounts at leading stores on shopping, holidays, electronics and daily essentials. 

BOC’s Kekirawa branch wins GREENS Gold Rating Award

The Bank of Ceylon was recently awarded the GREENS Gold Rating at the GBSL Awards Ceremony 2017 organized by the Green Building Council of Sri Lanka with special reference to the bank’s Kekirawa branch building which was built according to eco-friendly standards. 

AAT Sri Lanka receives IFAC full membership

At the 40th Annual Council meeting of the International Federation of Accountants (IFAC), held from November 14 to 16, 2017, in Brussels, Belgium, the Association of Accounting Technicians of Sri Lanka (AAT Sri Lanka) was admitted as a full member of the federation. 

CA Sri Lanka hosts first-ever research conference and journal

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) held its first-ever research conference recently, where corporate governance, sustainability assurance and forensic accounting, which are deemed extremely relevant and important to the accounting profession in the current context, were discussed and deliberated at length.

ICCL-CA Sri Lanka to promote accounting career choice

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) recently joined hands with the International Chamber of Commerce Sri Lanka (ICCSL) to jointly promote accounting as the preferred career choice among the students’ population and business community in the country.

Managing risk at stock market

Stock market is not for profit-making only, meaning that you can also incur losses as well. Accordingly, those that expect only profit should not invest in stock market, which is riskier than other 

CSE CEO at London Global Convention on Governance and Sustainability

Colombo Stock Exchange CEO Rajeeva Bandaranaike recently joined the leaders from the global capital market and business fraternity at ‘London Global Convention - 2017’ on Corporate Governance and Sustainability, which was organised by the Institute Of Directors India. 

Paving the way for a digital economy

The new economy has greatly changed our economic environment in relation to how the government and businesses operate and provide goods and services and the structure of the labour force. Prosperity in the new economy involves more than capitalizing on knowledge assets. 

Tos Lanka to introduce mini wind turbines

A customer orientation seminar on mini wind turbine technology and its relevance to domestic, institutional, industrial, fisheries and agricultural projects was held recently, at Hotel Ramada, Colombo 3, supported by the major Japanese conglomerate, Sojitz Pla-Net Corporation.

Celebrate Christmas in style with Hameedia

Hameedia, Sri Lanka’s leading menswear specialist, offers a shopping bonanza promotion for its customers to make the upcoming Christmas season truly special.  A host of offers are available to the discerning man who is looking to upgrade his wardrobe for the season until December 31, 2016 or until stocks last. These include 

Maliban appoints Ravi Jayawardena as Group CEO

With immediate effect, Ravi Jayawardena has been appointed as a Group Chief Executive Officer of the Maliban group that consists of Maliban Biscuits (Pvt.) Ltd, Maliban Milk (Pvt.) Ltd and Maliban Agro Ltd. 

Commercial Bank heralds Christmas cheer with carols

Commercial Bank of Ceylon commemorated the festive season with its annual, trilingual carol service, themed ‘Miracle in a manger’ this year. 

Sri Lanka Insurance holds Christmas Carols

Sri Lanka Insurance (SLI) Christmas Carols 2017, organised by the Christian Association of SLI under the theme ‘Joy to the World’, was held at the SLI head office premises recently. SLI Chairman Hemaka Amarasuriya and Executive Director Nilu Wijedasa were present at the event, while Fr. Anton Dinesh delivered the sermon.

UCL Logistics focuses on brokerage solutions

UCL Logistics, a member of Expolanka Holdings, recently announced the establishment of its restructured inbound ocean brokerage division to offer contemporary brokerage solutions under the existing Expolanka banner.

Regulatory nod for merging of LOLC group finance firms

A merger of finance companies within the LOLC group has received regulatory approval from the Central Bank, according to a disclosure made to the Colombo Stock Exchange.

ADB’s microfinance programme to reach Sri Lanka with additional funding

Sri Lanka’s microfinance space is likely to benefit from the additional funding the Asian Development Bank (ADB) has committed to its microfinance programme. An ADB communiqué said the development lender’s board of directors has raised the limit of an existing microfinance risk participation and guarantee programme by an additional US $100 million in assistance for its microfinance institutions (MFIs).

Stocks hit near 2-week closing high

REUTERS:  Sri Lankan shares touched a near two-week closing high yesterday, as investors picked up banking and diversified stocks, with muted trading as investors went on holiday in the Christmas week.

Monthly fiscal operations not on FinMin website since change of ministers

The Finance and Mass Media Ministry has not disclosed the monthly fiscal operations of the Treasury since July 2017.

SL receives first tranche of H’tota port lease proceeds

Sri Lanka has received the first payment for the lease of the Hmbantota port to a state-owned Chinese firm, the Central Bank said yesterday.

Dileepa quits SLT

Sri Lanka Telecom PLC (SLT) Group CEO Dileepa Wijesundera has tendered his resignation this month to be effective from March 11, 2018.

Think tank highlights importance of tourism research

The Institute of Policy Studies (IPS), an autonomous government affiliated think tank recently called on greater attention to be placed on research into the country’s burgeoning tourism sector in order to maximize the benefits and minimize the harm from tourism. During a recent Twitter chat on the State of the Economy 2017, IPS 

DFCC Bank credit card gives you more than one reason to shop

DFCC Bank is extending special savings for DFCC credit card holders for a memorable festive season right

Philippine c. bank relaxes rules on foreign loans to boost investments

REUTERS: The Philippine Central Bank said yesterday it has approved revisions to foreign exchange rules to facilitate financing of private sector investments to boost economic growth. 

Swadeshi illuminates Saman Devalaya, Dambadeniya Raja Maha Viharaya

Swadeshi Industrial Works PLC has sponsored the ‘Aloka Poojawa’ of the historic Sabaragamuwa Maha Saman Devalaya and Dambadeniya Raja Maha Viharaya for the 16th consecutive year.

Envoy London proudly dresses Mr. England 2017-18

Hameedia, Sri Lanka’s leading menswear specialist, recently awarded the winner of Mr. England 2017-19 - Jack Eyers - a wardrobe courtesy of its premier brand Envoy London during the course of his visit to Sri Lanka. 

Rough – First to break ground in 1998 creating int’l standard T-shirts to SL

When the trend of T-shirts was just emerging, ‘Rough’ was the pioneer that mastered to create an international quality standard T-shirt made locally and created by  international designers.

A first in SL: The latest in face care at Pond’s Institute

For the first time in Sri Lanka, Pond’s introduced the globally reputed Pond’s Institute, an expert face care hub, which showcased its latest state-of-the-art technological innovations combined with science.

MyChef.lk-Crysbro to host first-ever cookathon

For the first time in Sri Lanka, popular online food portal MyChef.lk together with Crysbro has launched a cookathon for the foodies and aspiring chefs in the cyberspace.

ComBank adopts vocational training as another flagship CSR project

The Commercial Bank of Ceylon announced the adoption of vocational training for school leavers as the next community cause it will champion on a national scale, in a logical progression of its commitments to computer literacy and online education.