business Sri Lanka

China has approved J.P. Morgan’s application to operate the first fully foreign-owned futures business in the country, reports Reuters. J.P. Morgan reportedly sought full...

Nations Trust Bank American Express is giving Cardmembers an exclusive opportunity to shop anything from anywhere locally or overseas and enjoy an extended settlement plan...

People’s Leasing & Finance PLC in a bid to cater to a greater volume of customers via an enhanced and swift customer service with more comforts upgraded and relocated...

(ESCAP news) – Small island developing States (SIDS) in the region must take better advantage of their vast ocean resources and blue economy to accelerate sustainable development,...

Pan Asia Bank recently added a well-equipped Mobile Banking Unit to strengthen its mobile banking efforts. This is yet another customer-centric initiative launched by Pan...

Sarvodaya Development Finance (SDF), the financial services arm of the Sarvodaya Movement, recorded one of its best years of financial performance against one of the most...

Finance professionals have a vital role to play to make organisations stronger and more resilient in light of the coronavirus pandemic said new President of The Chartered...

‘Money20/20 Europe’ event will be held from in September 22 to 24 2020, at RAI Amsterdam, Netherlands and Fintech Association of Sri Lanka (FASL) is a partner association...

Seylan Bank introduced a payment gateway facility, VOBA (Virtual Old Boys Association) at St. Mary’s College Chilaw, one of the oldest educational institutes in Sri Lanka....

First Capital Research in their Pre-Policy Analysis says that reducing policy rates is one of the main tools that Central Bank of Sri Lanka (CBSL) can utilise to increase...

The Oluvil branch of the Bank of Ceylon relocated to its new premises and was opened on June 22. The relocated BOC Oluvil branch is situated at LightHouse Road, Oluvil with...

Sri Lanka Insurance at the recently held Annual General Meeting declared that the company has closed year 2019 in a positive note recording phenomenal growth with exceptional...

Amana Takaful PLC (ATL) was reaffirmed ISO 9001:2015 recertification for both its General and Family (Life) Takaful businesses recently. The renewal underscores the company’s...

Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, had the distinction of being awarded the title ‘Sri Lanka’s Most Valuable Brand’ for the second consecutive year...

BEIJING—Chinese exports rose unexpectedly in April, bucking a pandemic-induced economic slump that has crimped demand and disrupted supply chains world-wide. But economists...

NDB Bank hosted its 15th Annual General Meeting as a hybrid meeting giving the option to shareholders to attend the meeting physically or through a virtual platform, keeping...

Bourse ended in the negative territory after a 9 day continuous rally while the market surpassed YTD foreign outflow of 20 billion. ASPI was dragged down predominantly due to the...

Brandix was awarded the highest accolade under the ‘Best Liquidity & Investment Solution’ category at The Asset Triple A Awards 2020 for its global Interest Enhancement...

Major PR Greshan Physiotherapist Officer, SERRIC, Lt. Col KPM De A. Wijesinghe SOI (Admin), SERRIC, Sonia Kottegoda Chairperson, SERRIC, Shashika Senerath Chief Marketing...

Pakistani scientist specializing in Organic Chemistry Professor Atta-Ur-Rahman called on policymakers to recognize the importance of the youth in the future prosperity of...

The 32nd Joint Meeting of the UNWTO Commission for East Asia and Pacific (CAP) and the UNWTO Commission for South Asia (CSA) which is UNWTO’s principal annual event in the Asia...

Some of the health regulations may pose a threat to the construction industry, a study by PricewaterhouseCoopers (PwC) Sri Lanka said based on Post Recovery Strategies webinar...

Ceyline Group, chartered a SriLankan Airlines flight to Cochin to repatriate 120 Indian seafarers who had completed contracts and signed off from ships off the port of Galle. The...

Outgoing World Bank Country Director for Maldives, Nepal and Sri Lanka, Idah Z. Pswarayi-Riddihough said that although Sri Lanka has many human development indicators that...

The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 26 June 2020, decided to implement a Credit Guarantee and Interest Subsidy Scheme to accelerate...

The Bourse ended the week on a positive note as the ASPI increased by 172.93 points (or 3.47 percent) to close at 5,163.35 points, while the S&P SL20 Index also increased...

The Central Bank of Sri Lanka (CBSL) has noticed several media reports that vests the responsibility of failure and subsequent cancellation of license of several finance companies...

Clearly, the global pandemic caused by the spread of the new coronavirus (COVID-19) already has an impact on the world economy and the broader market. The Certificate in Services...

Local software company Axienta that has been an innovator in the field of Sales Force Automation (SFA) for a large number of leading Blue chip companies in Sri Lanka and having...

South Asia Textiles Limited, a leading Sri Lankan textile manufacturer specialized in producing exceptional quality weft knitted fabric for leading brands across the globe...

The 51stAnnual General Meeting (AGM) of the Commercial Bank of Ceylon PLC, Sri Lanka’s benchmark private bank, was conducted on a virtual platform for the first time on June...

Citizens Development Business Finance PLC (CDB) has appointed Karthik Elangovan Chief Officer Corporate Affairs, as an Executive Director with effect from July 1. He is a...

Ranjith Kodituwakku assumed duties as the 17th Chief Executive Officer and General Manager of People’s Bank, recently. Kodituwakku has over 37 years of banking experience...

The first virtually facilitated Annual General Meeting of HNB Assurance PLC was held recently. The Company effectively addressed all shareholders during the 18th Annual General...

Showcasing the transformational potential of 5G Technology, Mobitel Sri Lanka’s National Mobile Service Provider powered South Asia’s first 5G enabled Mixed Reality Live TV...

The Central Bank of Sri Lanka (CBSL) has taken steps to pay compensations up to Rs.600, 000 to all insured depositors of The Finance Company PLC (TFC) as per the Regulations of...

The Asian Development Bank (ADB) retained its first place ranking in the 2020 Aid Transparency Index (ATI), an independent measurement of aid transparency released today at...