Recent volatility on yields of government securities is unwarranted: CBSL
Certain market interest rates, such as yields on government securities, have shown unwarranted volatility recently, which is not in line with …
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Sampath Bank simplifies cash management for businesses with Visa Business Debit Card
Sampath Bank recently announced the launch of Sri Lanka’s first Visa powered business debit card linked to a corporate account – the Sampath Bank …
Nations Trust Bank signs MOU with Department for Registration of Persons to enable Digital KYC
Nations Trust Bank and the Department for Registration of Persons (DRP) recently signed a Memorandum of Understanding (MOU), enabling the Bank to …
Towards Zero Poverty: Why Effective Targeting of Samurdhi Transfers is Essential
By Lakshila Wanigasinghe The first Sustainable Development Goal (SDG) is to “end poverty in all its forms everywhere” by 2030. While achieving …
Cabinet approval to develop Colombo Port WCT as a PPP with Adani, JKH & SLPA
Cabinet of Ministers has approved a proposal presented by the Port Minister to develop the West Container Terminal (WCT) of the Colombo Port on a …
HSBC Sri Lanka bolsters digital banking capabilities to support remote banking
The global pandemic has accelerated the shift to digitization with faster transition journeys and the rapid adoption of digital channels, which will …
Transformation of distribution model: How insurance industry needs to prepare for ‘Next Normal’
By Chula Hettiarachchi Across different industries and geographies, COVID-19 has changed the ways people engage with one another. Numerous health …
Capitol TwinPeaks forges ahead, amidst industry challenges
Capitol TwinPeaks, the 50-storey twin-tower mixed residential development under the Sanken Group, continues construction for delivery in 2021, amidst …
Sri Lanka vehicle registration down in Jan 2021
Total vehicle registrations recorded 3,256 units in January, down from 4,478 units the previous month and 34,475 units 12 months ago, a new report …
SriLankan Airline’s record-breaking upliftment to Maldives
SriLankan Airlines carried a record-breaking 1.2 million kilogrammes of cargo from its network to Malé, Maldives, in February 2021. buy elavil …
Laws still restrict women’s economic opportunities despite progress: Study
Countries are inching toward greater gender equality, but women around the world continue to face laws and regulations that restrict their economic …
Veemansa Initiatives’ discussion on ‘external debt situation in Sri Lanka
Delivering the keynote address on the topic, External Debt Situation in Sri Lanka: Our Route to Resolution, the Governor of the Central Bank, …
70-pct probability to hold policy rates: First Capital Research
First Capital Research believes that there is a 70 percent probability to hold policy rates due to the considerable improvement in high-frequency …
Panasian Power commissions solar power project worth Rs. 420Mn
Panasian Power PLC (PAP), a dynamic Sri Lankan renewable energy solutions organisation and a leading supplier of renewable energy to the national …
ACL Cables launches its own online sales channel to personalize customer experience
Sri Lanka's leading cable manufacturer, ACL Cables PLC launched its own e-commerce platform designed to help customers personalize their buying …
Comm Bank Group’s operating income up 13.3-pct: Total assets grow 25-pct
Strong asset and other income growth combined with an emphasis on prudent provisioning in one of the most challenging years on record, have enabled …
Saliya Pieris elected as 26th President of Bar Association of Sri Lanka
The Election to select the 26th President of the Bar Association of Sri Lanka concluded yesterday with Saliya Pieris, PC being declared the winner …
Fox Resorts receives SLSI 1672:2020 certification for Covid Safety measures
Fox Resorts becomes the second hotel chain to receive SLSI 1672:2020 certification for Covid safety measures. This is currently the only COVID-19 …
Trees of life: Why worry about deforestation?
By Manadilani Daluwatte – Trustee, Federation of Environmental Organisations, Sri Lanka (FEO) “The death of the forest is the end of our life.” …
National Law Conference 2021, a Hybrid event organized by LECS
For the first time in its history, the annual National Law Conference was converted to a “hybrid” conference due to the COVID-19 pandemic under …
Spotify Launches in Sri Lanka
Spotify, the world’s most popular audio streaming subscription service, officially launches today in Bangladesh, Pakistan and Sri Lanka, offering a …
EFL 3PL becomes 1st logistics company to receive Covid-19 Safety Mgmt. Systems Certification
Reinforcing the compliance of its state-of-the-art logistics operation, EFL 3PL, a member of the leading conglomerate Expolanka PLC, became the first …
Export proceeds repatriation & conversion not uncommon in other regional economies: CBSL
Sri Lanka's Central Bank says that the repatriation and conversion requirements related to export proceeds are not uncommon in other regional …
We urge that this resolution be rejected by UN Human Rights Council: Foreign Minister
Statement by Foreign Minister of Sri Lanka High Level Segment of the 46th Session of the UN Human Rights Council 23 February 2021, Geneva Madam …