Business

Sri Lanka Insurance (SLI) declared the largest ever life insurance bonus in the country amounting to Rs. 8.6 billion for the year 2020 to its life insurance policyholders, recording the largest life insurance bonus ever to be declared…

With recent changes by the Department of Foreign Exchange, it will become easier for corporations to take advantage of the low international borrowing costs to finance their operations. Under the new mechanisms, foreign borrowing can…

The Colombo Stock Exchange (CSE) and CHEC Port City Colombo signed a Memorandum of Understanding (MoU) to enhance the capital markets in Sri Lanka by taking advantage of the Port City Colombo’s special emphasis of the Colombo…

NDB Bank disclosed that they have secured a long term funding line of USD 75 million from the Development Finance Corporation of the United States to further the Bank’s support forsmall and medium businesses and infrastructure funding…

Compared to men, women in Sri Lanka are more likely to face both institutional and sociocultural barriers that limit their access to finance, collateral assets, markets, and business information and training, according to a survey by…

National Savings Bank (NSB) recently introduced ‘NSB PayApp’ and the launch was held with the initiation of the Minister of Youth and Sports and State Minister of Digital Technology and Enterprise Development, Namal Rajapaksa, at the…

COVID-19 has been a ‘blessing in disguise’ for the Life Insurance Sector as the pandemic has enticed more people to reconsider health insurance needs coupled with Life Insurance, First Capital Survey in the Insurance Industry said.…

Amana Takaful Insurance has carried out several community initiatives within the past few weeks, in the spirit of upholding its core mission, commitment and responsibility, towards mutuality and solidarity amidst these trying times.…

Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) unveiled a loan scheme which paves way for its massive student base to purchase laptops on an easy payment scheme facilitated by two leading banks. Both, People’s…