Sunshine Holdings appoints Aruni Goonetilleke a Board Member
Colombo, November 16, 2023: Sunshine Holdings PLC announced the appointment of Aruni Goonetilleke as the newest addition to its Board of Directors. With over 25...
Official reserves top US$ 2 billion not counting Chinese swap
By Sanath Nanayakkare The country’s reserve buffer has topped US$ 2 billion without counting the Chinese swap, according to the numbers of gross official reserves...
Sri Lanka Insurance launches ‘Early Cash’ Online
The online Life Insurance plan from Sri Lanka Insurance Sri Lanka Insurance (SLIC), the pioneer insurance provider launches ‘Early Cash’ online to ensure customer convenience....
Wavenet’s unified IVR solution cuts 30% OPEX for Colombia’s largest telco operator
In a strategic partnership with Colombia’s largest telco operator, serving 36 million subscribers, Wavenet introduced a suite of proven platforms to enhance the operator’s telecommunications...
Seylan Bank PAT surges 79% to LKR 4.49Bn for nine months of 2023
• Profit before Tax accelerated 100.75% to LKR 7,181 Mn • Overall Statutory Liquid Assets Ratio is 39.10% at 30 Sept ‘23 • Total Capital...
‘PUCSL electricity tariff revision is discriminatory’
Electricity tariff design must meet two main objectives: firstly, raising the money needed to pay for the costs of provision, and secondly, sending the right...
Ceylon Chamber commends Staff-Level Agreement, calls for continued economic reform
The Ceylon Chamber of Commerce congratulated the Government for reaching a staff-level agreement on the first review of Sri Lanka’s Extended Fund Facility Arrangement (EFF)...
ComBank hosts ICC Chairperson Maria Fernanda Garza at corporate event
The Commercial Bank of Ceylon recently hosted Ms Maria Fernanda Garza, the first woman to be appointed Chairperson of the International Chamber of Commerce (ICC),...
SLGJA focuses on industry collaboration and a resurgent Sri Lankan export economy
Sri Lanka Gem and Jewellery Association (SLGJA) hosted its 21st Annual General Meeting recently in, Colombo. Re-appointed as President, Ajward Deen has worked tirelessly...
Teejay knits new 5-year partnership with University of Sri Jayewardenepura
Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has expanded its collaboration with academia by entering into a partnership with the University of Sri...
Enchanteur sponsors all-island past pupils’ netball tournament
Enchanteur sponsored the all-island past pupils’ netball tournament Sri Lanka which was held at Maliyadeva Girls’ College in Kurunegala on 24 September, 2023. Having drawn...
Stock of T-Bills and T-Bonds held by foreigners show marginal increase
The outstanding stock of T-Bills and T-Bonds held by foreigners has increased by 6.64 per cent in rupee terms during the reporting week compared to...
Sri Lanka Insurance expands its island wide Presence
Sri Lanka Insurance expands its island wide presence to Galenbinunuwewa and Norochcholai.The Galenbindunuwewa Agency Business Development Center (ABDC) was opened on the 17th of August...
People’s Bank Recognized with Digital Payments Catalyst Award at Daraz Payment Partner Performance Awards 2023
People’s Bank was the recipient of the prestigious Digital Payments Catalyst award at Daraz Payment Partner Performance Awards 2023 held recently at the Shangri-La Hotel,...
SOE restructuring delays seen as discouraging prospective investors
By Hiran H. Senewiratne The restructuring of State Owned of Enterprises (SOE) is being delayed day- by –day, resulting in an uncertain situation where prospective...