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Thu, 16 May 2024 Today's Paper
The Central Bank yesterday attributed the negative Employees’ Provident Fund (EPF) net contribution witnessed last year to the public skepticism about the economy’s....
Sri Lanka Tourism Promotion Bureau (SLTPB) is targeting to kick off the much anticipated 360 degree global public relation (PR) and digital campaigns from 25 May onwards....
Strengthening its commitment to service excellence, Sri Lanka’s leading private sector bank HNB PLC announced the successful achievement of the ISO 9001:2015 certification....
In order to unlock the complexities surrounding the dividends and their tax and legal ramifications, KPMG Sri Lanka Academy has organised an exclusive webinar....
Inqbaytor Technologies, a leading travel technology company, recently announced a groundbreaking achievement as the first travel platform in the country to be certified for Emirates Gateway....
The last few months have seen tourism booming in Sri Lanka, with almost all hotels brimming with high occupancy. Although everything seems to be progressing well, over.....
In an alignment geared towards promoting sustainable energy adoption, People’s Bank and Hayleys Solar, the renewable energy arm of Hayleys Fentons Limited, recently signed a memorandum...
In a bid to foster a climate-resilient economy, Amana Bank has partnered with the inaugural Code Red Sri Lanka Climate Summit 2024, as one of its sponsors. The summit....
Union Assurance, Sri Lanka’s premier Life Insurer, has entered into a strategic memorandum of understanding with Singer PLC, a leading retail company in the nation to be its....
Celebrating a decade of fruitful collaboration, Singer, the exclusive distributor for Sony Electronics in Sri Lanka, was honoured as a Strategic Alliance Partner at Sony’s recently held Annual Business....
The secondary market saw slight buying interest during the early trading hours yesterday, largely on the 01.06.26 maturity, which recorded trades at 10.50 percent. However....
Fitch Ratings has affirmed Sri Lankan cable manufacturer Sierra Cables PLC’s National Long-Term Rating at ‘A+(lka)’. The Outlook is Stable. The affirmation....
The Court of Appeal has dismissed the objections by Hatton National Bank (HNB) against a previous order preventing the bank from seizing assets belonging to New Nawaloka....
Cartoon of the Day 08-05-2024
The ASPI edged down as a result of price losses in counters such as Hatton National Bank, Sampath Bank and John Keells Holdings with the turnover crossing....
CEAT Kelani International Tyres (Pvt.) Ltd has assured the customers, stakeholders and public that the company has no dispute over customs duties with the Customs Department....
Colombo will be among the first set of destinations to be served by Emirates’ A350 aircraft entering service in September 2024, the airline announced yesterday.
While Sri Lanka’s petroleum industry awaits the establishment of a new regulator, concerns are being raised about the potential for unauthorised players to enter the market, particularly in the lubricant sector.
The Colombo Stock Exchange (CSE) said that efforts are being actively rolled out to introduce sukuk products to the Sri Lankan capital market by the end of this month. A sukuk is an Islamic financial instrument, similar to conventional debt securiti
BBC: Brewing giant Heineken will reopen 62 pubs that were closed in recent years and invest £39 million in refurbishing hundreds of sites across the UK. The company said the cash injection into its Star Pubs & Bars chain will create more than 1,000
REUTERS: Huawei Technologies’s net profit leapt 564 percent to 19.65 billion yuan (US $ 2.71 billion) in the first quarter, a regulatory filing by its parent company showed on Tuesday, as it continues to recover from US sanctions. Huawei’s revenu
As Sri Lanka looks to build back its exports, it is vital that the island nation remains a competitive location for the manufacture of apparel, the Joint Apparel Association Forum (JAAF) said. JAAF Secretary General Yohan Lawrence noted it is pruden
The secondary market continues to observe buying interest amidst moderate volumes, pushing down the rates across the yield curve. Thus, the buying interest was enticed on 15.05.26, 01.06.26 and 15.12.26 between 10.70 percent and 10.50 percent, whils
Indices closed in red as a result of price losses in counters such as Commercial Bank, John Keells Holdings and DFCC Bank with the turnover crossing Rs 2.1 Bn. High net worth and institutional investor participation was noted in John Keells Holdings,
As online financial fraud incidents are on the rise, financial sector stakeholders have called on the public to be cautious and be more vigilant. In a joint statement to the public, the Central Bank of Sri Lanka (CBSL), Sri Lanka’s Bankers Associat
HNB PLC announced the achievement of ISO 9001:2015 certification for its Inward Remittance, Outward Remittance, and Centralized Operations Departments. The certification not only highlights HNB’s commitment to service excellence but also further st
Vallibel Finance opened a new branch in Athurugiriya recently. The Managing Director of Vallibel Finance Jayantha Rangamuwa, graced the occasion of the inaugural ceremony and declared opened the branch to the public. During the inaugural ceremony,
HNB General Insurance has recently launched their dedicated hotline ‘1303’, unleashing their latest initiative for enhanced customer experience. The new hotline ‘1303’ is set to be a game changer for both the company and for customers alike b
NDB Bank announced a groundbreaking leap in the realm of banking technology with the introduction of the country’s first wearable pay band, NDB WriztPay, in collaboration with VISA. This innovative offering redefines convenience and security in fi
15 May 2024 8 hours ago
15 May 2024 15 May 2024