Category:
Commercial Bank launches Mastercard Send in Sri Lanka
The Commercial Bank of Ceylon has launched Mastercard Send™, the facility that leverages Mastercard’s global payment network and card products, to provide Sri Lankan Mastercard cardholders with a convenient, fast, safe and reliable way to effect cross-border, person-to-person money transfers.The Mastercard Send solution requires receivers in Sri Lanka to only provide the number of their […]
‘s Colombo Port- city dredging completed ; Ready for investors
Jan 14, 2019 (LBO) – Sri Lanka’s proposed Financial City better known as the Port City has now fully completed land reclamation, Ministry of Megapolis and Western Province Development said. The new city will function as a special jurisdiction area with its own economic and commercial laws to facilitate operations of global multinational corporations. The completed […]
Foreign Minister calls on Sri Lankan diplomats to boost islands image through diplomacy
Jan 14, 2019 (LBO) – Foreign Minister Tilak Marapana has called on Sri Lankan diplomats to boost the image of the country overseas through efficient and effective execution of public diplomacy, utilizing its intrinsic brands such as Buddhism, gems, tea, spices, high-end export products and the warmth of traditional Sri Lankan hospitality. The Minister stressed the […]
‘s CSCEC named as contractors for TRI-ZEN
Jan 14, 2019 (LBO) – Sri Lanka’s Braybrooke Residential Towers (Pvt) Ltd announced that it had appointed China State Construction Engineering Corporation Ltd (CSCEC) as the contractor for its residential project TRI-ZEN. The culmination of an ambitious joint venture between John Keells Holdings PLC and Indra Traders, the TRI-ZEN project aims to establish a vibrant […]
Sri Lanka Govt., IMF talks to start
Jan 14, 2019 (LBO) – Sri Lanka’s Finance Minister Mangala Samaraweera led delegation arrived in Washington, Sunday for talks with the International Monetary Fund (IMF). In a twitter message the Finance Minister said that he plans to put the US 1.5 billion dollar Extended Fund Facility (EFF) program back on track. “Arrived in DC with @MangalaLK […]
‘s capital markets continues in 2019
January 12, 2019 (LBO) – Foreign institutional selling out of Sri Lanka’s bond and stock markets continued at a brisk pace in the first two weeks to start 2019. After the crippling USbn of net outflows from Sri Lanka’s bond and stock markets in 2018, 2019 has seen Rs11bn net outflows from stocks and bonds […]
ComBank introduces online and mobile banking registration via ATMs
(PRESS RELEASE) – The Commercial Bank of Ceylon has enabled its entire network of ATMs and CRMs for customers to conveniently register for Online and Mobile Banking facilities 24/7. To commence using Commercial Bank’s Online and Mobile banking facilities, customers simply need to go to an ATM with a valid ATM card and PIN, select […]
Sri Lanka President appoints more non-cabinet ministers
Jan 11, 2019 (LBO) – Three more parliamentarians have been sworn in by President Maithripala Sirisena to Sri Lanka’s government. Issuing a statement the Presidents office said two non-Cabinet and one deputy minister was sworn in earlier today. The appointments are as follows: Ravindra Samaraweera – Non-Cabinet Minister of Labour & Trade Union Relations V. […]
EMUI 9 is coming to Huawei P20 and Nova Series 3
(PRESS RELEASE) As an exciting year for HUAWEI the promise of an update for the HUAWEI Nova and P20 series is already on its way. The EMUI 9, which was first introduced to HUAWEI customers through the Mate 20 series, will be accessible to the users of HUAWEI Nova series and the HUAWEI P20 series […]
Fuel prices to be reduced fourth straight time from midnight
Jan 10, 2019 (LBO) – Sri Lanka’s government has decided to reduce the Petrol and Diesel prices by 2 rupees per liter each with effect from midnight today. However, the price of Super Diesel which is an environmentally friendly fuel was reduced by 3 rupees per liter as it complies with Euro -04 Emission Standard […]
Chinese Ambassador reiterates support to develop Sri Lanka economy
Jan 10, 2019 (LBO) – Finance Minister Mangala Samaraweera met with the Chinese Ambassador Cheng XueYuan and the delegation at the Treasury today, the Finance Ministry said. At the meeting, the Minister has apprised the Chinese Ambassador about the Sri Lankan Governments plan to re-engage with IMF and thanked the Chinese Government for their continued support extended to […]
Commercial Bank obtains Payment Card Industry Data Security Standard certification
The Commercial Bank of Ceylon has obtained the prestigious Payment Card Industry Data Security Standard (PCI-DSS) certification from SISA Payment Security Specialists, the company that globally offers compliance and assurance on various payment standards.The Bank has been certified as complaint with PCI-DSS v3.2.1 which is applicable to any company that accepts, stores, processes or transmits […]