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Wed, 15 May 2024 Today's Paper
People’s Bank marked another significant milestone in its digital transformation journey with the full launch of People’s Wiz....
ComBank Digital, Sri Lanka’s most-used digital banking platform, has significantly enhanced mass access by going trilingual....
Fitch Ratings last week affirmed UB Finance PLC’s (UBF) National Long-Term Rating at ‘BB(lka)’. The Outlook....
Fitch Ratings has assigned Asia Asset Finance PLC’s (A+(lka)/Stable) proposed Sri Lankan rupee-denominated senior unsecured....
El Toro, a leading brand committed to sustainability, is proud to announce its groundbreaking ’’Good News Calendar’’ initiative, launched in January.
Tourism Industry veterans cautioned that heightened confusion over the new visa system, along with the abrupt increase in visa fees, could derail 2.3 million tourist arrival target set for the year. This could potentially reduce arrivals below 2 mill
The Sri Lankan rupee has now become one of the fastest-growing currencies in the world, Finance State Minister Ranjith Siyambalapitiya said.
The highly debated Minimum Room Rate (MRR), which has the tourism industry divided, would be removed the end of this month, Tourism Minister Harin Fernando confirmed.
As the Cabinet is currently considering extending free visa travel to tourists from 67 countries, Tourism Minister Harin Fernando opined that Sri Lanka should consider doing away with visa altogether for tourists.
Green Path in Colombo will come alive today and tomorrow (4th and 5th), with the inaugural CMB Food Festival, presented by Coca-Cola. This new quarterly event, organized by HT Events, is designed to promote local entrepreneurship and enhance the tou
Emirates is offering First and Business Class customers a new collection of exclusive Bulgari amenity kits for the summer season. With a gradual introdu
SLT-Mobitel has introduced a first of its kind Snapchat Chill Social Combo Mobile Plan, specifically designed to empower the social media lovers to stay connected and share their moments by providing essential data and communication s
The overall offerings at the Colombo Tea Auction increased to 5.2 million kilogrammes, from the previous week’s 4.6 million kilogrammes. The Low Grown/L
CNN: The Italian company that helped rebuild a bridge that collapsed in Genoa in 2018 says it is ready to do the same in Baltimore. WeBuild Group said in a press release yesterday that it had sent a preliminary design and plans to the US officials fo
As a result of the appreciation of the rupee and a reduction in the world market prices, the major domestic gas suppliers in the country have decided to decrease their retail prices, effective last night. This price reduc
BBC: Apple sales have fallen in almost every market across the globe, according to the latest results from the tech giant. The company said that demand for its smartphones dropped by more than 10 percent in the first three months of this year, while
The secondary market continued to see active buying interest across the yield curve during yesterday’s session. Investor participation was largely centered on the shorter and the mid tenures of the yield curve. Thus, several trades were ent
The ASPI closed in green as a result of price gains in counters such as Bukit Darah, Central Finance Company and National Development Bank with the turnover crossing Rs 2.4 Bn. Meanwhile, the S&P SL20 edged down. High net worth a
Samsung Sri Lanka became the Category Winner in the ‘Home Electronics’ category at the LMD Readers’ Most Loved Brands Awards 2024 recently. This accomplish
Cargills’ KIST has stepped up once again to support farmers in need. KIST has purchased over 30 metric tons of surplus tomato on April 26th from local farmers in Gageyaya (Monaragala district), Welimada (Badulla district), and Wangiyakumbura (Badu
Medihelp Hospitals in collaboration with Mount Elizabeth Singapore and IHH Patient Assistant Centre Sri Lanka Office, hosted a comprehensive lifestyle seminar aimed at educating the public on the prevention and prediction of prostate cancer.
Thakral Group, the authorized distributor of DJI in Sri Lanka, unveiled “The Future of Possible” in Colombo recently. This exclusive
Laugfs Gas PLC today announced a substantial reduction in the prices of its Laugfs-branded domestic liquefied petroleum gas (LPG), effective midnight.
The price of a 12.5 kg domestic Litro LP gas cylinder will reduced by Rs.175 from midnight today, Litro Gas said
SL Banks’ Association Chief says country is ‘couple of months’ away from striking a deal with bondholders By Nishel Fernando
Sri Lanka’s total exports in March expanded by 9.5 percent Year-on-Year (YoY) to US$ 1.41 billion with positive growth seen in key markets. Data shared by the Ex
Seylan Bank PLC more than doubled its profits in the three months ended in March 2024 as the company provided much less for possible bad loans as the economy improves while the borrower profiles strengthen with easing rates. The bank with asse
Union Bank said it encountered mixed challenges in its financial performance during the first quarter of 2024, which however reflected strong credit growth and brand investment. The bank’s result
REUTERS - Oil prices rose yesterday, rebounding from three days of losses that took prices to their lowest since mid-March. Brent crude fu
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