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Fri, 29 Mar 2024 Today's Paper
REUTERS: Oil prices rose in early Asian trading yesterday on concerns over tighter global supply brought about by escalating conflicts in the Middle East and between Russia and Ukraine, while a shrinking U.S. rig count added to upward price pressure.
The recent visit of Foreign, Commonwealth and Development Office Deputy Chief Economist Fergus Cumming reaffirms the UK’s commitment to Sri Lanka, the British High Commission in Colombo said. Cumming, during a three-day visit to Colombo from March
The Sri Lanka Association of Software and Service Companies (SLASSCOM) recently concluded its Compensation & Benefits Survey 2023, shedding light on critical HR trends and issues within the Sri Lankan IT/ BPM industry. By examining various job posit
Brantel Lanka (Pvt) Ltd., has announced its appointment as a partner and authorised reseller in Sri Lanka for Cisco Networks. The company said its primary role as a Cisco partner would be to help build the online presence, and automate the business
This feature is based on a panel discussion facilitated by the Centre for Banking Studies, consisting of industry experts who delved into how the elements of compliance, innovation and cybersecurity could be harmonized to ensure robust banking operat
The Ceylon Chamber of Commerce (CCC) marked its 185th anniversary yesterday. Established in 1839, initially to cater to the needs of the plantation industry, primarily rubber and coconut, it has evolved into an institution representing a wide sector
The Sri Lanka - Korea Business Council (SLKBC) of The Ceylon Chamber of Commerce recently hosted a networking evening for Members of the Council, diplomats, government officials and industry representatives to foster collaboration and bilateral coope
Hayleys Eco Solutions, Sri Lanka’s traditional and value-added exporter of coconut fibre and coco peat-based products announced the launch of “Entwine”, its Environmental, Social, and Governance (ESG) Roadmap for 2030. Derived from the concept
Sunshine Holdings PLC announced that Aruna Deepthikumara, Michelle Senanayake, Dr. T. Sayandhan and Shantha Bandara, who are Executive Committee members of the Group, have been appointed as Executive Directors. Commenting on the appointments, Sunsh
Fitch Ratings has affirmed Habib Bank Limited - Sri Lanka Branch’s (HBLSL) National Long-Term Rating at ‘A(lka)’. The Outlook is Stable. The rating reflects Fitch’s expectation that HBLSL will receive support, if required, from the head offic
Fintech Association of Sri Lanka (FASL) and Indonesia Fintech Association (AFTECH) signed a MoU during the BankTech Asia 2024 on March 20, at Mövenpick Hotel Colombo. FASL President Rajkumar Kanagasingam and AFTECH Executive Director Aries Seti
Dialog Axiata PLC has been voted the ‘Telecommunication Brand of the Year’ for a record thirteenth year by Sri Lankan consumers at the SLIM-KANTAR People’s Awards 2024. Organised by the Sri Lanka Institute of Marketing (SLIM). Voted for by Sr
A perfect storm of economic and political instability has not stopped renowned Sri Lankan business leader and CPA Australia Fellow Dinuk Hettiarachchi from moving forever forward with a change of mindset.
The Ceylon Chamber of Commerce (CCC), the premier representative of Sri Lanka’s private sector, marks its 185th anniversary today (March 25).
Sri Lanka’s merchandise exports in February increased marginally by 0.17 percent Year-on-Year (YoY) and 1.3 percent from....
After a challenging period marked by the COVID-19 crisis and the economic crisis, Sri Lanka’s tourism industry....
Sri Lanka’s apparel sector saw its revenue for the month of February expand marginally by 0.19 percent Year-on-Year....
Union Bank of Colombo PLC has announced the appointment Dinesh Weerakkody, as an Independent Non-executive Director...
Fitch Ratings Lanka has affirmed Standard Chartered Bank, Sri Lanka’s National Long-Term Rating at ‘AAA(lka)’. The Outlook ....
Reinforcing its leadership in the banking sector as ‘Bankers to the Nation’, Bank of Ceylon (BOC) clinched the prestigious SLIM Kantar....
The business of international trade between parties often takes place with credit periods as a competition tool....
AIA Insurance announced the grand opening of its latest Regional Development Office (RDO) situated in the heart of the Panadura...
National Development Bank PLC (NDB) recently conducted its quarterly Investor Earnings Call on March 20, 2024, following the release...
The Commercial Law Development Programme (CLDP) of the United States Department of Commerce implemented ....
Expanding its outreach across Sri Lanka, Financial trailblazer Vallibel Finance opened its latest branch in the Southern province....
Commercial Bank of Ceylon is heralding the arrival of the Sinhala and Tamil New Year with the launch of its biggest seasonal....
Sri Lanka’s official unemployment rate slipped to 4.3 percent in the final quarter of last year from 4.7 percent in the quarter before as the economy expanded in the final three months of the year.
The Central Bank (CB) is planning to revisit the framework of its regulatory sandbox, relaxing some of stringent rules, after the initiative failed to gain traction among fintech players over the past four years.
While Sri Lanka is gearing up for elections this year, which could result in uncertainties, the International Monetary Fund (IMF) cautioned that it is absolutely key that the programme objectives are achieved, because with those, Sri Lanka has a chan
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