Business

BusinessTags: Print EditionA timely opportunity to save for children in foreign currency has been unveiled by the Commercial Bank of Ceylon with the launch of the ‘Arunalu’ Foreign Currency Minor’s Savings Account. Savings can be made…

BusinessTags: Print EditionSeylan Bank has partnered with Softlogic GLOMARK, to ensure a hassle-free online shopping experience at www.glomark.lk for loyal Seylan Credit Cardholders with added benefits during aHappy Hour. The…

BusinessTags: Print EditionThe AIA Poson Safety Programme, AIA’s flagship CSR commitment to Sri Lanka, ended for 2022, with zero deaths reported due to drowning in and around the sacred city of Anuradhapura in the month of June. As a…

BusinessChairman Sujeewa Rajapakse and Chief Executive Officer and General Manager Ranjith Kodituwakku.Tags: Print EditionPeople’s Bank, one of Sri Lanka’s leading Commercial Bank, was recently ranked once again amongst the World’s Top…

Merchendise exports increase substantially in MayBusinessTags: Print EditionThe import expenditure declined, while earnings from exports increased in May 2022, year-on-year, extending the contraction in the trade deficit for the third…

BusinessTags: Print EditionColombo bourse recoups +200 points yesterday due to the positive sentiments with a hope of a new government. President and Prime Minister are supposed to step down and several members of the cabinet have…

BusinessTags: Print EditionThe ongoing turmoil and fuel shortage in Sri Lanka have boosted aviation turbine fuel (ATF) sales in South Indian airports like Thiruvananthapuram, Cochin and Chennai. Several flights of SriLankan Airlines,…

BusinessChandula Abeywickrema and Nalin Wijekoon Tags: Print EditionPeople’s Merchant Finance PLC (PMF) reported Rs. 201 million as Profit Before Taxes (PBT) for the year ended March 31, a year when Sri Lanka’s economy has hit crisis…

BusinessTags: Print EditionThe Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in its standing as the National Body of Accountants, in a statement said that they welcome the announcement of President Gotabaya Rajapaksa…

BusinessTags: Print EditionFor the first time in nearly two decades, the exchange rate between the euro and the dollar is roughly the same. The unusual event is a boon to U.S. tourists in Europe, but not so good for Europeans visiting…