Sampath Bank became the first bank in Sri Lanka to present a Man of the Match award digitally at a cricket match, giving away a prize purse of Rs.300, 000 through its widely popular digital wallet, Sampath WePay,at the recently held first ODI of Sout

Nations Trust Bank American Express recently announced its tie up with MyFees.lk making it convenient for American Express Cardmembers to settle any educational fee online at a range of leading educational institutions in Sri Lanka with the added adv

NDB Wealth Management as a responsible corporate citizen, promotes safety as a social responsibility and calls individuals and businesses to focus on being socially and financially responsible considering the current conditions in the country and wor

Allianz Insurance Lanka Ltd received the ‘Claims Initiative of the Year - Sri Lanka’ award at the Insurance Asia Awards 2021 held recently.

Top management of Sri Lanka’s premier private sector retail bank, HNB PLC, shared insights on banking in the ‘new-normal’ with Asian industry leaders representing some of the region’s most dynamic banking giants, at the recently concluded 37t

The Sri Lanka Tourism Development Authority (SLTDA) this week put forward a series of requests to the Ministry of Health (MoH) to relax the health guidelines imposed to prevent the spread of the Covid-19 virus, an effort to make the island nation mor

The Central Bank has written to banks asking them not to quote outside Rs.200/Rs.203 level for US dollars on all foreign exchange transactions as banks were quoting Rs.238 for a dollar by Monday amid exporters continuing to withhold selling dollars i

Sri Lanka’s largest corrugated cartons manufacturer Expack Corrugated Cartons (Pvt) Ltd. plans to raise up to Rs.700 million offering 15 percent stake in the company through an initial public offering (IPO) on the Colombo Stock Exchange (CSE) to pa

The Cabinet nod has been granted to form a new entity named ‘Technology Park Development Company’ and to bring the proposed five technology parks under this entity, with plans for a possible listing on the Colombo Stock Exchange (CSE) in the futu

Advocata’s Bath Curry Indicator (BCI) which tracks the monthly changes in the price of a basket of commonly consumed food items recorded a 30 percent increase between August 2020 and August 2021.

The government yesterday said no final decision had been reached on appointing the current State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal to the position of the Central Bank (CB) Governor .

Fitch Ratings has assigned ‘A-(lka)(EXP) rating for National Development Bank’s proposed debenture issue to raise up to Rs.8 billion.

As Sri Lanka pursues the goal of reaching self-sufficiency in milk by 2024, the government has awarded 2, 771 acres of State land to private investors, while granting approval to import 4, 200 milch cows to boost annual liquid milk production by 22 m

As people took more loans to make the most out of the ultra low interest rates in town, it obviously helped the bottom lines of banks as seen from their solid earnings reports. It also lifted another industry, which is insurance.

Leading businessman Sumal Perera is venturing into livestock sector under a privately-held entity as it secured a 700-acre land parcel belonging to the National Livestock Development Board (NLDB) on a 30-year lease to commence a large-scale dairy fa

Although COVID-19 may be gender-blind, it has created a crisis that has disproportionately affected women across the globe. The economic impact of the pandemic is mostly channelled through the labour market.

In a view to educate the public, the Chamber Academy, the knowledge arm of the Ceylon Chamber of Commerce, will be organising a timely discussion on the topic of COVID-19 and the way forward.

Aneetha Warusavitarana, Research Manager from Colombo-based independent policy think tank Avocata Institute, secured a place at the University of Cambridge for an MPhil in Public Policy.

Credit cards are often considered to be a best friend when cash is tight and needs are high.

Capital Alliance Limited (CAL) has introduced Video KYC (Know Your Customer) via their CAL Customer Portal to facilitate paperless, digital signature backed onboarding for investment products, offering a winning combination of greater convenience and

‘Flash’ – the Digital Bank account powered by Commercial Bank of Ceylon, has been presented the award for the ‘Digital Banking Initiative of the Year’ in Sri Lanka at the 2021 Asian Banking and Finance (ABF) Awards under the ‘Retail Banki

Sanasa Life Insurance, a leading Micro Insurance Company in Sri Lanka was awarded ‘Life Insurance Covid 19 Response Initiative Sri Lanka 2021’ and ‘Most Sustainable Micro Insurance Company’ upon taking into consideration the special projects

Sri Lanka’s leading private sector bank, HNB PLC, further strengthened its commitment to the microfinance sector, with a series of enhancements to its offerings, with a key focus on the agricultural sector recognizing its vast-untapped potential as

Posting a steady performance, Orient Finance PLC recorded a profit before tax of Rs. 59 million for the first quarter of the financial year 2021-22, indicating a growth of 217 percent in comparison to the corresponding period of the previous financia

SDB bank is renowned for its dedication to be a leading partner of national development.

The government has ruled out any coal-based capacity additions or new coal-fired power plants as it reaffirms on the target set for the country’s power sector to achieve carbon neutrality in 2050 while meeting 70 percent of the country’s power ge

A group of eight tour operators from the Netherlands arrived in Sri Lanka yesterday on a familiarisation tour organised jointly by Connaisance de Ceylon and Andrews Travel.

Higher taxes and levies slapped on legal alcoholic beverages will soon drive the less affluent population away from the ethnic coconut arrack and will make such products the privilege of the affluent few, should the status quo continues, as the shift

The confectionary and bakery item manufacturers are cautioning that the country is likely to witness a shortage of wheat flour, with the suppliers holding back their supplies with the intention of increasing the prices, while the authorities resistin

Although the Health Services Director General on Friday (September 3) announced a decision made to allow fully vaccinated tourists to move about the country freely outside the bio-bubble, the Sri Lanka Tourism Development Authority (SLTDA) said the t