Business

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…

The broader market gained +15.7% as of mid-year 2021whilst month of June’21 sustained the robust investor appetite recording a gain of +5.9% MoM and surpassed the milestone of 7,800 levels. This was mainly spearheaded by…

Sri Lanka Retailers’ Association (SLRA) has issued a clarion call for support towards the industry and for a consultative approach when taking national lockdown decisions - especially at short notice, as the sector has witnessed mounting…

Recent changes to shipping regulation by way of the gazette was welcomed by logistics firms and their customers as it had set out a better-organized mechanism for dispute resolution. The imposition of higher maximum fees under a…

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…

Supporting the national effort in the fight against COVID-19, Bank of Ceylon, the No. 1 bank in Sri Lanka, Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, and Wavenet International (Pvt) Ltd have partnered to establish…

South Asia’s heavy reliance on state-owned (SO) commercial banks, state-owned enterprises, public-private partnerships and other national and sub-national public entities conceals its vulnerability to accumulating unsustainable…

Access Engineering PLC (AEL), was awarded construction of a flyover connecting Baladaksha Mawatha and the Chittampalam A Gardiner Mawatha going over the railway track and Beira Lake in Slave Island. Slave Island is a very busy…