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Negative sentiment persists amidst thin volumes

BusinessTags: Print EditionIndex remained volatile and continued its downward trend since the previous session and closed the day at 9,527 losing 77 points. Investors remained on the sidelines and resorted to book profits amidst thin…

Combank bags pinnacle of all awards

BusinessThe top winners with Chief Guest Governor Central Bank, Dr. Nandalal Weerasinghe. The Keynote Speaker at the event was Neal Cross who is the former Managing Director and Chief Innovation Officer of DBS Bank, Singapore. Picture by…

ESQR award received by People’s Leasing presented to President

BusinessPradeep Amirthanayagam, Chairman of People’s Leasing & Finance presenting the ESQR award to President Ranil Wickremesinghe. Shamindra Marcelline, Chief Executive Officer, General Manager of People’s Leasing & Finance PLC…

Buying dominates secondary market following IMF agreement

BusinessTags: Print EditionThe IMF yesterday approved the EFF of nearly USD 3 Bn to Sri Lanka after the fulfillment of a range of criterions. Subsequently, activities in the secondary market buoyed with perceptible buying interest where…

Ceylon Chamber congratulates Govt on securing IMF Program

BusinessTags: Print EditionThe Ceylon Chamber of Commerce congratulates the Government on securing the Extended Fund Facility (EFF) with the IMF. “We appreciate the efforts of the Government led by the President, the Governor of the Central…

“Lanka’s digital online payments increasing”

BusinessShirajiv SirimaneTags: Print EditionSri Lanka’s digital payments has increased by 70% in 2022 as against 2021 and this trend should continue and be encouraged said Governor Central Bank Dr. Nandalal Weerasinghe yesterday. He said…

LMS to supply fuel to local businesses from April

BusinessTags: Print EditionLanka Marine Services (Pvt) Ltd. (LMS), Sri Lanka’s leading supplier of fuel to ships, has expanded its services to supply fuel to local businesses from April 2022 This enables local businesses to continue…

IOSA renewal stamps SriLankan safety standards

BusinessThe IOSA Auditors with members of SriLankan Airlines’ Operational Quality, Flight Operations and Operational Control teams at the closing meeting of the 2022 IOSA renewal audit.Tags: Print EditionSriLankan Airlines’ commitment to…

IMF approval signals end of bankruptcy status for Sri Lanka – President Wickremesinghe

BusinessTags: Print EditionPresident Ranil Wickremesinghe emphasized that Sri Lanka is no longer deemed bankrupt by the world, in a special statement following the approval of the extended credit facility by the Executive Board of the…