Business

BusinessTags: Print EditionNational Development Bank PLC was awarded the coveted “Bank of the Year Sri Lanka” title as adjudged by Global Finance USA for the year 2022 in its 29th edition of awards for the World’s Best Banks. The…

BusinessChairman Osman Kassim-CEO Gehan RajapakseTags: Print EditionAmana Takaful Life Insurance (ATLI) Sri Lanka’s homegrown life insurance provider, has reported a huge healthy net profit growth in Year (Y) 2021, steadily bouncing…

BusinessDula Seneviratne Vavuniya North Group Corr.US Ambassador Julie Chung met relatives of missing persons and also met representatives of the Muslim Forum, on her visit to the North.Tags: Print EditionUS Ambassador Julie Chung who…

BusinessTags: Print EditionThe official selling rate of the US Dollar as announced by the Central Bank yesterday stands at Rs 350.4972 whilst the buying rate of the US Dollar has been declared Rs. 337.8229. The selling rate of Sterling…

BusinessIndunil HewageTags: Print EditionSri Lanka is on the verge of issuing digital identity cards with the most sophisticated security features available in the world, Secretary to the Ministry of Technology and Chairman of the…

BusinessTags: Print EditionAsia faces a “stagflationary” outlook, a senior International Monetary Fund (IMF) official warned on Tuesday, pointing to the Ukraine war, soaring commodity prices and China’s economic slowdown as risks to…

GWP up 9.7% to Rs 43.2 bnBusinessSLIC Chairman - Eng.Vijitha Herath and CEO - Chandana L. Aluthgama Tags: Print EditionSri Lanka Insurance yet again recorded stellar performance in the year 2021 to record a profit before taxation of…

BusinessIndunil HewageTags: Print EditionThe Central Bank should be more flexible in its policies to keep the export industries afloat, says Dilip de Silva, CEO of Serendib Horticulture Technologies. Noting that the present economic…

BusinessPresident Gotabaya Rajapaksa with World Bank Permanent Representative Chiyo Kanda and officials.Tags: Print EditionThe World Bank has agreed to provide $600 million in financial assistance to Sri Lanka amid the economic crisis.…

BusinessTags: Print EditionCordelia Cruises from India has launched a cruise service from Tamil Nadu to Sri Lanka, Kimarli Fernando,Chairperson of the Sri Lanka Tourism Development Authority (SLTDA) disclosed recently. Fernando said…