Business

The disturbed investor confidence amidst the sluggishness in some illiquid stocks further hampered the ASPI movement for the third consecutive day and commenced the new month on a negative note. Thus, the All Share Price Index…

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…

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…