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Nations Trust Bank partners MMCA

BusinessTags: Print EditionThe Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka) has announced a new working relationship with Nations Trust Bank (NTB), who will be supporting the museum as a major benefactor for a…

People’s Merchant posts Rs. 201 mn PBT

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…

Musk ditches $44-bn Twitter takeover

BusinessTags: Print EditionElon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44-billion deal to buy Twitter because the social media company had breached multiple…

IMF approves US$ 638 mn for Benin

BusinessTags: Print EditionWashington, DC: On July 8, 2022, the Executive Board of the International Monetary Fund has approved 42-month arrangements under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) for…

SLAITO ensures safety of tourists

BusinessTags: Print EditionDespite the political unrest and economic downturn Sri Lanka Association of Inbound Tour Operators (SLAITO) ensures that the country remains peaceful and all tourists that are in the country. The present…