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 the …
Strong asset and other income growth combined with an emphasis on prudent provisioning in one of the most challenging years on record, have enabled the …
Spotify, the world’s most popular audio streaming subscription service, officially launches today in Bangladesh, Pakistan and Sri Lanka, offering a …
Reinforcing the compliance of its state-of-the-art logistics operation, EFL 3PL, a member of the leading conglomerate Expolanka PLC, became the first logistic …
In the backdrop of an extremely challenging environment, Seylan Bank recorded a Profit After Tax (PAT) of LKR 3Bn for the year ended 31 December 2020. Income …
The overall rate of inflation as measured by NCPI on Year-on-Year basis is 3.7 percent in January 2021 and inflation calculated for December 2020 was 4.6 …
ASUS Sri Lanka – the renowned multinational technology enterprise – has launched its maiden exclusive store in the heart of Colombo; the very first in the …
Hatton National Bank PLC (HNB) demonstrated resilience and an unwavering focus on sustainable business performance as it posted Rs 13.7 Bn in Group Profit …
The COVID-19 outbreak with the resultant lockdown and stay-at-home measures have led to a surge in online activity by young people. This increased online …
Sokin, the new generation fintech payment firm, has signed a partnership agreement with Mastercard in South Asia to provide its fixed-price payment services in …
Highlights ICRA Lanka estimates Sri Lanka’s GDP growth rate in 2020 to be -4%. In addition, our estimates indicate industry, services, and agricultural …
Ceylinco Life has achieved consolidated income of Rs 36.98 billion for FY 2020, demonstrating the Company’s ability to grow business volumes and investment …
Trade Finance and Investments PLC (TFI), a financial service providerhas been amalgamated into one of Sri Lanka’s pioneering finance companies, Commercial …
Although software development in Sri Lanka started out as an offshoring destination for IT services, this has long since moved from being just a niche …
New app downloads of Commercial Bank of Ceylon’s ePassbook has increased by 150,000 in just six months after self-registration was permitted via a recent …
With the COVID-19 pandemic impacting markets across the world and the currency fluctuations taking place, the global prices of LPG as one of the world’s most …
The temporary travel restriction introduced by the Government on travels originating from the United Kingdom to Sri Lanka on account of the new Covid -19 …
Softlogic Life announced that despite all the difficulties associated with a thoroughly disrupted COVID year 2020, the Company grew revenues to record Gross …
Fitch Ratings views most rated Sri Lankan corporates as less vulnerable than local financial institutions to the sovereign's financial distress. This is …
Kantar recently announced that it would start providing Media Monitoring service in Sri Lanka. The announcement comes as Kantar has agreed to acquire …
Asset risk at Sri Lankan insurers has increased due to the sovereign’s weaker credit profile and the consequent lowering of national ratings of some …