Business

The Commercial Bank of Ceylon has been declared the ‘Best SME Bank’ in Sri Lanka and the ‘Best Foreign Bank’ in Bangladesh in 2021 by the UK-based Global Business Outlook (GBO) magazine which recognises and rewards excellence in…

The importance of innovation and technological improvements in the banking sector in addressing the broader market needs and tapping into the opportunities in the ‘new normal’ was highlighted by HNB’s Managing Director and CEO,…

Prof. Channa Jayasumana, State Minister of Production, Supply and Regulation of Pharmaceuticals symbolically accepting the donation from Bingumal Thewarathanthri, CEO, Standard Chartered Sri Lanka in the presence of Ministry, Red Cross…

The Pakistan High Commissioner to Sri Lanka Major General Muhammad Saad Khattak (Retd.) called on the new Foreign Minister Prof. G.L. Peiris recently at the Foreign Ministry and discussed further scope for enhancing trade and…

For the second time in the World Bank’s history, Contingent Emergency Response Components (CERC) resources have been combined from many ongoing projects into one account to meet an unprecedented COVID-19 emergency in Sri Lanka.…

The International Monetary Fund has allocated USD 816 million dollars (at current rates) through IMF’s Special Drawing Rights (SDR) facility. This form part of the total allocation of USD 650 billion made by the IMF for members’…

AIA’s Director Distribution Chanaka Liyanage, Provincial Head Sanjeewa Samantha, Regional Manager Nishantha Dharmarathna, Wealth Planners’ Manager Padmini Dissanayake and Wealth Planner Manjula Thebuwana with the Director of Projar…

Innovative global leader in paint, Nippon Paint, recently initiated a campaign to galvanize healthcare facilities around Sri Lanka with their latest product 3-in-1 MediFresh which is an antibacterial coating developed with Silver &…

Bank of Ceylon (BOC) as a part of its commemoration of 82nd anniversary reopened its Matara Super Grade branch at its own premises by the Bank’s General Manager D.P.K. Gunasekera, Senior Deputy General Manager K.E.D. Sumanasiri, DGM…

CLC Islamic Finance, the Islamic Banking Division (IBD) of Commercial Leasing and Finance, offers its latest service, Wadi’ah (Safe keeping) an alternative for conventional Gold loans. This facility is introduced in two options…