Business

Breaking barriers in the non-bank financial services space, First Capital introduces ’digital onboarding’ to facilitate non-face-to-face Account Opening for Unit Trusts and Government Securities clients for the first time in Sri Lanka.…

Gas World (Pvt) Ltd, a wholly owned subsidiary of Industrial Gases Pvt Ltd, announced their plans to add yet another ASU Plant to increase their Medical and Industrial Oxygen production capacity. In April 2021 they commissioned…

Pan Asia Bank has partnered the Irrigation Department to rehabilitate rural area Tanks and Anicuts under the ‘Wari Saubhagya National Programme’, the first such private-public partnership under this national programme. The…

Roy Amalton Manager Cardholder Value Propositions, DFCC, Denver Lewis Vice President and Head of Card Centre, DFCC, Gavin Vandort General Manager Project Sales, JAT Holdings, Anika Williamson Director JAT, Aasiri Iddamalgoda Senior…

Seylan Bank, unveiled the first-ever SME Debit Card for business banking customers to convert cash transactions to POS. The unique debit card will add convenience and security over the traditional cash and cheque payment options…

The Commercial Bank of Ceylon has announced a partnership with DirectPay, one of the fastest-growing fintech start-ups in Sri Lanka, to provide Internet Payment Gateway (IPG) support and operate as the acquiring bank for the cashless…

As part of the series of social initiatives organized to mark the occasion of the People’s Bank’s 60th Anniversary, a Portable Ultra Sound Scanner (USC) worth over Rs.6 million, that can be deployed to treat COVID-19 patients was…

The Central Bank says that messages being circulated stating that credit card, debit card (EFTCs) and other stored value card holders are restricted/prohibited from making certain payments in foreign exchange, to person’s resident…

Bank of Ceylon (BOC), the State-owned premier Sri Lankan bank, continued to hold on tightly to its top position among other banks in the country according to the rating by the prestigious banker’s magazine of the United Kingdom.…

The concerns being expressed about worker safety in the apparel industry are understandable, says The Joint Apparel Association Forum (JAAF) and its membership. The entire apparel industry is doing everything in its power to…