Bank of Ceylon Continues its Winning Streak with the Gold Award in the State Bank Category at the CASL Annual Report Awards

Bank of Ceylon Continues its Winning Streak with the Gold Award in the State Bank Category at the CASL Annual Report Awards »

13 Dec, 2019

The 55th Annual Report Awards Ceremony organized by Chartered Accountants of Sri Lanka once again recognized Bank of Ceylon for the Albert A Page Memorial Award as it was adjudged for the Gold Award winner in the State Bank Category for its 2018 Annual Report “The Icon of Trust”.

Emerging Media receives SLIM Silver Award for SME Local Brand of the Year

Emerging Media receives SLIM Silver Award for SME Local Brand of the Year »

10 Dec, 2019

Emerging Media Pvt. Ltd. was announced as the winner of the SLIM 2019 Silver Award for the SME Local Brand of the Year. Several organizations gathered at the SLIM Brand Excellence Awards ceremony held at the Shangri-La Hotel,

HNB wins top honours at CA Sri Lanka Annual Report Awards

HNB wins top honours at CA Sri Lanka Annual Report Awards »

10 Dec, 2019

Bank clinches the special award for overall excellence in annual financial reporting. Sri Lanka’s leading private sector bank HNB PLC bagged two silvers and a bronze, a total win of three awards at the recently concluded Chartered Accountants of Sri Lanka’s 55th Annual Report awards.

Watch out for the Grand Christmas Sale on Daraz.lk

Watch out for the Grand Christmas Sale on Daraz.lk »

10 Dec, 2019

Giving is an important part of the Christmas spirit, which is shared among family and friends, and the Daraz Grand Christmas 12.12 Sale offers customers the chance to join in the ‘Joy of Gifting’ without having to leave the comfort of their homes.

Timely addition of Intelligent Cloud to SLT Akaza with Microsoft Azure Stack

Timely addition of Intelligent Cloud to SLT Akaza with Microsoft Azure Stack »

10 Dec, 2019

Sri Lanka Telecom (SLT), the foremost ICT and digital lifestyle facilitator in the country with an expanding customer base over eleven millions varying from multinational corporations to retail and domestic customers,

Seylan Bank’s Rs 4.9 bn rights issue, fully subscribed

Seylan Bank’s Rs 4.9 bn rights issue, fully subscribed »

10 Dec, 2019

Seylan Bank PLC closed its Rights Issue of new ordinary voting shares and new ordinary non-voting shares to its shareholders on November 29 and the issue was fully subscribed by its shareholders.

Pannipitiya Private Hospital expands residential treatment with new luxury room complex

Pannipitiya Private Hospital expands residential treatment with new luxury room complex »

10 Dec, 2019

Pannipitiya Private Hospital which holds a reputed name in the health sector for over 20 years in Sri Lanka opened its new luxury room complex with modern amenities recently.

Cinnamon Air launches daily domestic flights

Cinnamon Air launches daily domestic flights »

10 Dec, 2019

Cinnamon Air (www.cinnamonair.com), Sri Lanka’s premier domestic airline, gears up to meet the demand for domestic air travel this Winter (Northern Hemisphere) by introducing their latest daily scheduled flight routes from Sigiriya and Kandy to Sri Lanka’s Southern coastal cities,

Sysco LABS honored at SLASSCOM Innovation Awards

Sysco LABS honored at SLASSCOM Innovation Awards »

10 Dec, 2019

Sysco LABS was honored at the SLASSCOM Innovation Awards 2019; for the restaurant technology platform CAKE. CAKE's Unified Data Platform won 1st runner up in the 'Best Technology or Framework Innovation' category.

Emirates to serve Christmas meals to travellers

Emirates to serve Christmas meals to travellers »

10 Dec, 2019

Business News Update: The festive spirit is in full swing as Emirates prepares to serve 500,000 Christmas meals across all classes

Isobar Sri Lanka clinches ‘Digital Agency of the Year’ Silver award at Campaign Asia

Isobar Sri Lanka clinches ‘Digital Agency of the Year’ Silver award at Campaign Asia »

10 Dec, 2019

Isobar Sri Lanka, a leading full-service digital agency part of the global giant Dentsu Aegis network, recently won the Digital Agency of the Year silver in Campaign Asia’s South Asia edition of the awards, held in Mumbai last week.

ComBank launches Pre-paid Spend Card and Pre-paid Web Card with online top-up facility

ComBank launches Pre-paid Spend Card and Pre-paid Web Card with online top-up facility »

10 Dec, 2019

The Commercial Bank of Ceylon has launched pre-paid cards that can be topped up with funds online and can be used for different or specific purposes while allowing their users to better manage spending and enjoy minimal exposure to risk.

Ellawala Horticuture bags three awards at Mahaweli Entrepreneurship Presidential Awards

Ellawala Horticuture bags three awards at Mahaweli Entrepreneurship Presidential Awards »

10 Dec, 2019

Ellawala Horticulture(Pvt) Ltd, gold award winning entrepreneur of Anuradhapura district in 2018, made history again by taking 3 coveted awards at Mahaweli Entrepreneurship Presidential Awards - 2019 held at BMICH, recently, with former President Maithriepala Sirisena taking part as the chief guest.

Fitch Assigns Abans’ Notes ‘BBB+(lka)’ Final Rating

Fitch Assigns Abans’ Notes ‘BBB+(lka)’ Final Rating »

10 Dec, 2019

Fitch Ratings has assigned Abans PLC's (Abans; BBB+(lka)/Stable) proposed senior unsecured redeemable debenture issue a final National Long-Term rating of 'BBB+(lka)'.

Fitch Rates HNB Finance’s Subordinated Debt Final ‘BBB+(lka)’

Fitch Rates HNB Finance’s Subordinated Debt Final ‘BBB+(lka)’ »

10 Dec, 2019

Fitch Ratings has assigned HNB Finance Limited's (HFL, A(lka)/Stable) proposed Sri Lanka rupee-denominated subordinated unsecured debentures a final National Long-Term Rating of 'BBB+(lka)'.

GDP targets set for 6.5 percent per annum

GDP targets set for 6.5 percent per annum »

10 Dec, 2019

One of the series of economic development goals announced by the government yesterday for the next five years is a per capita GDP share of US$ 6,500 per individual Sri Lankan.

Dr. Mobius to make presentation today

Dr. Mobius to make presentation today »

10 Dec, 2019

Legendary investor Dr. Mark Mobius will give a presentation today at the Cinnamon Grand Colombo on' Emerging Markets and the Growth Trajectory of Sri Lanka.' John Keells Holdings has organized the invitee-only event.

Sri Lanka ranked best destination for winter travel by USA Today

Sri Lanka ranked best destination for winter travel by USA Today »

9 Dec, 2019

Sri Lanka has been named the top destination, with USA Today visiting 20 countries this season. Sri Lanka has been described as an exotic Indian Ocean island that seduces everyone who walks with its beautiful unspoiled wilderness, colorful past, and flavorful cuisine.

CDB Crowned Among the Ten Best Corporate Citizens

CDB Crowned Among the Ten Best Corporate Citizens »

9 Dec, 2019

Citizens Development Business Finance PLC (CDB) has been recognized among the ten best corporate citizens for the third time at the Best Corporate Citizen Sustainability Awards 2019, recently hosted by the Ceylon Chamber of Commerce.

People’s Leasing recognized as a Top 10 Best Corporate Citizen in Sri Lanka

People’s Leasing recognized as a Top 10 Best Corporate Citizen in Sri Lanka »

9 Dec, 2019

People’s Leasing & Finance PLC (PLC), the benchmark company in Sri Lankan leasing and non-bank finance landscape was recognized as one of the top 10 best Corporate Citizen in Sri Lanka, at the recently concluded ‘Best Corporate Citizen Sustainability Award - 2019’ for the 7th time. PLC also was recognized as the winner in Community Relations Category at the Awards.

Pan Asia Bank relocates its Gampola Branch

Pan Asia Bank relocates its Gampola Branch »

9 Dec, 2019

The Senior Deputy General Manager of Pan Asia Bank Mr. Naleen Edirisinghe was the Chief Guest at the opening ceremony and Mr. Harsha Kurukulasuriya – Assistant General Manager Operations & Administration was the guest of honor.

Mahindra & Mahindra with Ideal Motors launches Mahindra Furio ICV Trucks

Mahindra & Mahindra with Ideal Motors launches Mahindra Furio ICV Trucks »

9 Dec, 2019

Mahindra & Mahindra Ltd, part of the US$ 20.7 billion Mahindra Group, in association with its Sri Lankan partner Ideal Motors (Pvt) Ltd., part of the Ideal Group, launched the Mahindra Furio, its intermediate commercial trucks, in Sri Lanka recently.

LCB Finance opens at Negombo

LCB Finance opens at Negombo »

9 Dec, 2019

LCB Finance, adjudged as the Emerging Finance Company of the Year at the recently concluded South Asia Business Excellence Awards, opened their 8th branch in Negombo recently. Mayor of Negombo Dayan Lanza was the Chief Guest at the opening.

Sri Lanka Insurance Life records 13.59 % growth in 3Q

Sri Lanka Insurance Life records 13.59 % growth in 3Q »

9 Dec, 2019

Sri Lanka Insurance records a rigorous growth of 13.59% surpassing the industry growth in the life insurance sector for the period ended September 30, 2019. Sri Lanka Insurance Life achieved total gross written premium of Rs. 11.03 billion maintaining the positive momentum of the life insurance industry.

KPMG Global to invest US$5 bn on digital leadership in professional services

KPMG Global to invest US$5 bn on digital leadership in professional services »

9 Dec, 2019

KPMG Global announced investments in technology, people and innovation, and expects to spend US$5 billion over the next five years to enhance its leadership position in the digital transformation of professional services.

Jaffna International Trade Fair from January 2020

Jaffna International Trade Fair from January 2020 »

9 Dec, 2019

The Jaffna International Trade Fair (JITF), the multi-faceted gateway to the north, will bring together some of Sri Lanka’s favorite brands and services. The wide range of products for sale and display will give an opportunity for all stakeholders to enter one of Sri Lanka’s largest untapped markets.

Abans wins silver at Annual Report Awards

Abans wins silver at Annual Report Awards »

9 Dec, 2019

Abans PLC won the Silver Award under the Trading Companies category for the second consecutive year at the 55th Annual Report Awards 2019 conducted by the Institute of Chartered Accountants of Sri Lanka at a ceremony held on December 3, at Shangra-La Colombo.

Smart Media appointed Training Foundation Partner for Integrated Reporting

Smart Media appointed Training Foundation Partner for Integrated Reporting »

9 Dec, 2019

Smart Media The Annual Report Company has been appointed a Training Foundation Partner for integrated reporting by the International Integrated Reporting Council (IIRC).

LB Finance secures first place in K Seeds Investments 2Q Listed Finance Companies ranking

LB Finance secures first place in K Seeds Investments 2Q Listed Finance Companies ranking »

9 Dec, 2019

K Seeds Investments has identified LB Finance as the best performing Finance Company among the 31 listed Finance Companies in Sri Lanka through a ranking carried out considering their performance in the second quarter of 2019

Access Motors and Council for Business with Britain (CBB) fundraiser felicitates Kumar Sangakkara

Access Motors and Council for Business with Britain (CBB) fundraiser felicitates Kumar Sangakkara »

9 Dec, 2019

Access Motors, together with The Council for Business with Britain (CBB), which is part of the Chamber of Commerce, hosted a fundraising event to felicitate Sri Lankan cricketing icon Kumar Sangakkara at the Shangri-La Hotel, Colombo recently.

Mobilization of Funds from the Public by Issuing Various Instruments

Mobilization of Funds from the Public by Issuing Various Instruments »

9 Dec, 2019

It has been observed that certain individuals and entities mobilize funds from the public by issuing various instruments. Promissory Notes, Commercial Papers and Debentures are few of them.

“Environment, Social and Governance factors are vital determinants of investment decisions” says CSE Chairman

“Environment, Social and Governance factors are vital determinants of investment decisions” says CSE Chairman »

9 Dec, 2019

“Sustainable investing has continued to gain momentum among financial market participants and Environment, Social and Governance factors are vital determinants of investment decisions.

Sri Lanka Tourism must utilize CESS more productively – Arundika Fernando

Sri Lanka Tourism must utilize CESS more productively – Arundika Fernando »

6 Dec, 2019

Sri Lanka Tourism needs to make more efficient use of the CESS fund, and this would be a key focus area, said Arundika Fernando, new Minister of State for Tourism Promotion.

Browns Leisure Night 2019 concludes successfully

Browns Leisure Night 2019 concludes successfully »

6 Dec, 2019

Browns Hotels & Resorts together with Browns Tours recently hosted a glittering night for their valuable and loyal partners who are also key stakeholders of the leisure industry. With record attendance, the partner night was held for the second consecutive year.

Japanese Tour Operators/ Agents participate in a FAM Tour to promote Sri Lanka as a travel destination

Japanese Tour Operators/ Agents participate in a FAM Tour to promote Sri Lanka as a travel destination »

6 Dec, 2019

Sri Lanka Tourism Promotion Bureau, (SLTPB) in collaboration with the Embassy of Sri Lanka in Japan, organized a FAM Tour for a delegation of Japanese tour operators/ agents representing 20 Japanese companies.

ISM APAC held its CSR initiative ‘Sipsatharata Arunellak’ 2019 on a grand-scale

ISM APAC held its CSR initiative ‘Sipsatharata Arunellak’ 2019 on a grand-scale »

6 Dec, 2019

Engaged in an ever-evolving knowledge-based industry, ISM APAC very recently concluded its annual corporate social responsibility programme ‘Sipsatharata Arunellak’ on a grand-scale this time around, as part of its ambitious plans to uplift education by developing underprivileged schools across Sri Lanka.

Fitch Withdraws ‘AA-(EXP)(lka)’ Rating on Commercial Bank of Ceylon’s Basel III Subordinated Debt

Fitch Withdraws ‘AA-(EXP)(lka)’ Rating on Commercial Bank of Ceylon’s Basel III Subordinated Debt »

5 Dec, 2019

Fitch Ratings is withdrawing the expected National Long-Term Rating of 'AA-(EXP)(lka)' assigned to Commercial Bank of Ceylon PLC's (CB; AA(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures.

Fitch Rates Nations Trust Bank’s Basel III Subordinated Debt Final ‘A-(lka)’

Fitch Rates Nations Trust Bank’s Basel III Subordinated Debt Final ‘A-(lka)’ »

5 Dec, 2019

Fitch Ratings has assigned Nations Trust Bank PLC's (NTB, A(lka)/Stable) proposed Basel III-compliant subordinated unsecured debentures a final National Long-Term Rating of 'A-(lka)'.

Ceylon Chamber Optimistic That Recent Tax Revisions Will Stimulate Growth

Ceylon Chamber Optimistic That Recent Tax Revisions Will Stimulate Growth »

5 Dec, 2019

The Ceylon Chamber of Commerce is optimistic that the revisions in Taxes and Levies announced by the government will stimulate the economy. The slew of tax proposals put forward as part of the stimulus package will revive economic growth and activity in the short-term.

Union Bank offers up to 50% savings to Credit Cardholders this season

Union Bank offers up to 50% savings to Credit Cardholders this season »

4 Dec, 2019

Union Bank recently revealed the Bank’s seasonal credit cards discount scheme that offers up to 50% savings at over 100 merchant partner outlets island-wide.

Pan Asia Bank honours its long standing staff

Pan Asia Bank honours its long standing staff »

4 Dec, 2019

Pan Asia Bank recently held a felicitation ceremony to recognize 44 of its long-standing staff members who have served the bank for over 10 years. Among those who were felicitated, there were 10 staff members who have completed 20 years, 15 staff members who have completed 15 years and 19 staff members who have completed 10 years.

Kick Off The Festive Season Celebrations At The Dutch Hospital Precinct With Nations Trust Bank American Express

Kick Off The Festive Season Celebrations At The Dutch Hospital Precinct With Nations Trust Bank American Express »

4 Dec, 2019

Nations Trust Bank American Express has partnered with the Dutch Hospital Shopping Precinct for the 7th consecutive year to celebrate the end of year festive season and the Dutch Hospital’s 8th anniversary.

You Are Going To Love This Season With Nations Trust Bank American Express!

You Are Going To Love This Season With Nations Trust Bank American Express! »

4 Dec, 2019

The season is upon us. The weather is cooler; there is an ever-present soft breeze all around, and the smell of breeder is almost in the air. It’s that time of the year again - time to revel in the joy of Christmas!

ComBank wins Banking world’s ‘Oscar’ – ‘The Banker’ Bank of the Year award

ComBank wins Banking world’s ‘Oscar’ – ‘The Banker’ Bank of the Year award »

4 Dec, 2019

The Commercial Bank of Ceylon has been crowned the ‘Bank of the Year’ 2019 in Sri Lanka by The Banker Magazine of the UK, the longest-running international banking publication in the world.

SriLankan Airlines wins Future Travel Experience award

SriLankan Airlines wins Future Travel Experience award »

4 Dec, 2019

SriLankan Airlines received yet another global accolade based on passenger ratings when it won the Passenger Choice Award for ‘Best Wi-Fi for Central Asia’ from the Airline Passenger Experience Association (APEX) at the Future Travel Experience Asia Awards 2019 held in Singapore recently.

Oman Based “Salamair” Launches Its First Flight To Sri Lanka

Oman Based “Salamair” Launches Its First Flight To Sri Lanka »

4 Dec, 2019

Oman’s fastest-growing value-for-money airline, SalamAir launched its first direct flight to Sri Lanka on 25 November 2019 from Muscat to Colombo.

Japanese Travel Agents Visit Sri Lanka

Japanese Travel Agents Visit Sri Lanka »

4 Dec, 2019

Twenty-five member Japanese Travel Agents and Tour Operators are now in Sri Lanka on a familiarization visit to witness the current situation in the country, especially after the Easter Sunday attack.

NDB triumphs at Best Corporate Citizen Sustainability Awards

NDB triumphs at Best Corporate Citizen Sustainability Awards »

3 Dec, 2019

NDB Bank was honored at the “Best Corporate Citizen Sustainability Award 2019” as a Top Ten Best Corporate Citizen, at the annual event organized by the Ceylon Chamber of Commerce, to recognize sustainable champions of the local corporate sphere.

Sri Lanka YoY inflation down to 4.4% in Nov 2019

Sri Lanka YoY inflation down to 4.4% in Nov 2019 »

3 Dec, 2019

CCPI's yer-on-year inflation was 4.4 percent in November 2019, and October 2019 inflation was 5.4 percent, the Census and Statistics Department said.

Cancellation of the License Issued to Lankaputhra Development Bank Limited

Cancellation of the License Issued to Lankaputhra Development Bank Limited »

3 Dec, 2019

The Monetary Board of the Central Bank of Sri Lanka has granted approval in terms of section 76F read with section 9(9) of the Banking Act No. 30 of 1988 (as amended),

Industry leaders comment on SME Board of Colombo Stock Exchange

Industry leaders comment on SME Board of Colombo Stock Exchange »

3 Dec, 2019

The Empower SME Board of the Colombo Stock Exchange is a crucial medium when it comes to helping smaller companies attract investment and also for investors looking to invest in companies that are in their earlier stages.

Vistara , India’s finest full service carrier inaugurates Mumbai – Colombo service

Vistara , India’s finest full service carrier inaugurates Mumbai – Colombo service »

3 Dec, 2019

Vistara Airlines, India’s finest full service carrier and a joint venture of Tata Sons and Singapore Airlines inaugurated their service to Colombo on the 25th of November 2019, at the Bandaranaike International Airport, (BIA) amidst a warm welcome given by officials of the Sri Lanka Tourism Promotion Bureau, Industry representatives and senior officials.

HNB offers exciting discounts on return air tickets at findmyfare.com

HNB offers exciting discounts on return air tickets at findmyfare.com »

2 Dec, 2019

Sri Lanka’s most customer-friendly bank HNB PLC made further progress in its mission to connect local travelers to exotic international destinations with the announcement of a new partnership with premier online travel partner findmyfare.com.

HNB leads the way to a more sustainable future with 7 awards at CCC Best Corporate Citizen 2019

HNB leads the way to a more sustainable future with 7 awards at CCC Best Corporate Citizen 2019 »

2 Dec, 2019

Sri Lanka's most respected retail bank, HNB PLC continued to win prestigious acclaim for its efforts in driving a more sustainable banking and corporate culture, this year winning a total of 7 awards at the recently concluded Ceylon Chamber of Commerce (CCC) Best Corporate Citizen Sustainability Awards 2019 (BCCSA).

ComBank makes exceptional impression at Best Corporate Citizen awards

ComBank makes exceptional impression at Best Corporate Citizen awards »

2 Dec, 2019

Business News Update: The Commercial Bank of Ceylon’s commitment to People, the Planet and Profit – the three pillars of sustainability

ComBank enhances online shopping experience on fashionbug.lk

ComBank enhances online shopping experience on fashionbug.lk »

2 Dec, 2019

Fashion Bug, a leading clothing retailer in the country, has appointed the Commercial Bank of Ceylon as its Internet Payment Gateway (IPG) service provider, enhancing its website’s security and user friendliness for online shoppers.

Happiness comes home this festive season: HNB announces an array of special card offers

Happiness comes home this festive season: HNB announces an array of special card offers »

27 Nov, 2019

Sri Lanka’s most popular retail bank, HNB PLC, announced the launch of an expanded set of offers – this time including discounts up to 70% from a selection of over 200 of the most popular merchants island-wide – just in time for the start of the festive season.

Pan Asia Bank sponsors National Chamber and NEDA for “Western Province Entrepreneurship Awards”

Pan Asia Bank sponsors National Chamber and NEDA for “Western Province Entrepreneurship Awards” »

27 Nov, 2019

Pan Asia Bank, one of Sri Lanka’s fastest growing commercial banks joined hands with the National Chamber of Commerce of Sri Lanka and National Enterprise Development Authority to sponsor “Western Province Entrepreneurship Awards ceremony 2019” which was concluded in a grand scale at Sri Lanka Foundation premises on 30 October 2019.

Pan Asia Bank’s unique ‘Rising FD’ is back by popular demand

Pan Asia Bank’s unique ‘Rising FD’ is back by popular demand »

27 Nov, 2019

Pan Asia Bank’s Rising Fixed Deposit – the unique two year FD that allows depositor to benefit from market interest rate increases even during the tenure of the deposit while safeguarding him/her from any downward trends in market interest rates.

Special Life Protection Cover From Allianz Insurance; Exclusively For Nations Trust Bank American Express Cardmembers

Special Life Protection Cover From Allianz Insurance; Exclusively For Nations Trust Bank American Express Cardmembers »

27 Nov, 2019

Nations Trust Bank American Express Cardmembers can now enjoy exclusive Life Protection Covers from Allianz Insurance. Under this new scheme, Cardmembers are entitled to an insurance cover in the event of an untimely death or total permanent disability.

Nations Trust Bank Improves Quarter 3 Earnings While Overcoming Challenges

Nations Trust Bank Improves Quarter 3 Earnings While Overcoming Challenges »

27 Nov, 2019

Subdued economic conditions that prevailed in the country affected many key economic sectors impacting the financial performance of many businesses. Amidst rising NPLs, increased credit cost and moderation of credit growth, the Group pre-tax profits recorded a 2% increase over the previous period.

DFCC Bank partners Cyprea Group in the Maldives to structure the largest loan facility to date

DFCC Bank partners Cyprea Group in the Maldives to structure the largest loan facility to date »

27 Nov, 2019

DFCC Bank PLC recently entered into a breakthrough partnership with one of the oldest and most established corporate entities in the Maldives, Cyprea Group of Companies, for a dual-tranche bilateral term loan, together with trade finance and guarantee facility. This landmark transaction is the single largest bilateral deal arranged by DFCC Bank to-date.

DFCC Bank Strengthens SME Partnerships with the launch of ‘Viyapaara Sahaya’

DFCC Bank Strengthens SME Partnerships with the launch of ‘Viyapaara Sahaya’ »

27 Nov, 2019

DFCC Bank, the bank for everyone launched the very first DFCC ‘Viyapaara Sahaya’ SME program at Grand Monarch, Thalawathugoda recently. Over fifty entrepreneurs from Kottawa, Piliyandala, Maharagama & Gangodawila areas were present at the inaugural interactive workshop.

Serendib Finance Dambulla Branch moves to spacious new office

Serendib Finance Dambulla Branch moves to spacious new office »

27 Nov, 2019

Serendib Finance Ltd., a fully-owned subsidiary of the Commercial Bank of Ceylon PLC, recently relocated its Dambulla branch to a spacious new building, and has announced higher interest rates for fixed deposits.

Akurana Goes Digital with Bank of Ceylon

Akurana Goes Digital with Bank of Ceylon »

27 Nov, 2019

The Bank of Ceylon’s Akurana branch in the Central Province was relocated recently to add convenience together with novel digital banking technology to customers in the area. BOC Akurana was ceremoniously opened at the 151A, Matale Road, Akurana.

Strong Q3 steadies ComBank Group against impacts of external currents

Strong Q3 steadies ComBank Group against impacts of external currents »

27 Nov, 2019

Significant improvements in the third quarter, which positively impacted its year-to-date performance, have enabled the Commercial Bank Group to post creditable results for the nine months ended 30th September 2019.

The Bank of Ceylon Calls for Applications from Ran Kekulu Grade 5 Scholarships Achievers

The Bank of Ceylon Calls for Applications from Ran Kekulu Grade 5 Scholarships Achievers »

27 Nov, 2019

Paving the way for tomorrow’s bright stars, the Bank of Ceylon’s “Ran Kekulu Scholarships 2019” in calling for applications from Grade 5 scholarship achievers who have obtained highest marks in 2019 Grade 5 scholarship examination.

Amana Bank Amongst The Lmd Top 100

Amana Bank Amongst The Lmd Top 100 »

27 Nov, 2019

The LMD 100, has been ranking the Top Sri Lankan listed corporates for the last 25 years. Ranked at 95th position, Amana Bank is the youngest listed company to be among the LMD 100 in 2018.

Amana Bank Shows Resilience In Q3 Profit Momentum

Amana Bank Shows Resilience In Q3 Profit Momentum »

27 Nov, 2019

Amana Bank has showcased resilience by recording a 9 month Profit After Tax of Rs 431.0 million in 2019, in line with Rs 430.0 million that was achieved during a relatively favorable economic environment in the corresponding period of 2018.

The Embassy of Sri Lanka in Turkey Host Networking Reception to Boost B2B Contact between Sri Lanka –Turkey Travel Agents

The Embassy of Sri Lanka in Turkey Host Networking Reception to Boost B2B Contact between Sri Lanka –Turkey Travel Agents »

27 Nov, 2019

The Embassy of Sri Lanka in Turkey organized business networking reception for the visiting Sri Lankan travel trade delegation participated at the EXPO Travel Ankara fair 2019 at the Embassy on 14th November 2019.

Inflation increased by  5.6 percent October 2019

Inflation increased by 5.6 percent October 2019 »

25 Nov, 2019

Headline inflation as measured by the year-on-year change in the National Consumer Price Index NCPI, 2013=100)1 increased to 5.6 per cent in October 2019 from 5.0 per cent in September 2019. The monthly increases of prices of items in the Food category contributed to this increase.

Sri Lanka Tourism holds ‘’Taste of Abu Dhabi ‘’ in collaboration with the Sri Lanka Embassy in the U.A.E

Sri Lanka Tourism holds ‘’Taste of Abu Dhabi ‘’ in collaboration with the Sri Lanka Embassy in the U.A.E »

25 Nov, 2019

Sri Lanka Tourism Promotion Bureau (SLTPB) in collaboration with the Sri Lankan Embassy in Abu Dhabi organized a Sri Lankan tourism promotion event titled ‘’ The Taste of Abu Dhabi ‘’ at the du Arena, Yas Island, Abu Dhabi, UAE, from 07th to 09th November 2019.

Sri Lanka Participates at Travel News Market 2019- Stockholm

Sri Lanka Participates at Travel News Market 2019- Stockholm »

25 Nov, 2019

The Embassy of Sri Lanka in partnership with the Sri Lanka Tourism Promotion Bureau participated at Travel News Market 2019 held at the Stockholm Waterfront on 07th November.

CBSL inform’s to Beware of online scams – Protect your bank passwords and PINs

CBSL inform’s to Beware of online scams – Protect your bank passwords and PINs »

22 Nov, 2019

The Central Bank of Sri Lanka has received information regarding several types of financial frauds and scams being operated through social media, and Internet-based applications. Recently, an increase of these types of scams has been observed.

Sri Lanka Participated at the Annual Tea Festival at Royal Botanical Gardens, Burlington, Ontario

Sri Lanka Participated at the Annual Tea Festival at Royal Botanical Gardens, Burlington, Ontario »

22 Nov, 2019

The Consulate General of Sri Lanka in Toronto participated in the fourth annual Tea Festival held at the Royal Botanical Gardens, Burlington, Ontario from 9th to 10th November 2019.

The Central Bank expresses its Strong Objection to the Contents of the Statement released by Fitch Rating

The Central Bank expresses its Strong Objection to the Contents of the Statement released by Fitch Rating »

21 Nov, 2019

The Central Bank of Sri Lanka strongly objects to the statement released by Fitch Ratings on 21 November 2019 titled “Sri Lanka Election Result Increases Policy Uncertainty”,

SriLankan Airlines IT team wins two National Awards for in-house innovations »

18 Nov, 2019

SriLankan Airlines was commended and recognized at the National ICT Awards – NBQSA 2019 Ceremony held on 11th October 2019 for the talent and innovation of its IT staff, winning the Bronze and Merit Awards in the ‘In-House Application’ category.

Power World Gyms opens its 26th fitness center at Arangala

Power World Gyms opens its 26th fitness center at Arangala »

18 Nov, 2019

With the motive of bringing fitness and healthy lifestyle choices to every neighborhood, Power World Gyms recently declared open its full-fledged fitness center at Arangala, Malabe.

Sri Lanka makes a hall mark at the Swiss International Holiday Exhibition in Lugano, Switzerland

Sri Lanka makes a hall mark at the Swiss International Holiday Exhibition in Lugano, Switzerland »

18 Nov, 2019

Sri Lanka Tourism Promotion Bureau (SLTPB) was able to make a considerable impact on the international community with its tourism products, culture and scenic locations with its participation at the Swiss International Holiday Exhibition in Lugano, in Switzerland, which was held from 1st -3rd November 2019.

Participation of Sri Lankan Companies at Productronica 2019

Participation of Sri Lankan Companies at Productronica 2019 »

18 Nov, 2019

The Sri Lanka Export Development Board (EDB) has organized a Sri Lanka pavilion at “PRODUCTRONICA 2019” from 12th – 15th November 2019 at MESSE MÜNCHEN, Germany with the assistance of Embassy of Sri Lanka in Germany and Consulate General of Sri Lanka in Frankfurt.

Sri Lanka Prosperity Index up by 0.783 in 2018 »

18 Nov, 2019

Sri Lanka Prosperity Index (SLPI), increased to 0.783 in 2018 from 0.548 recorded in 2017. All three sub-indices of SLPI, namely ‘Economy and Business Climate’, ‘Well-being of the People’ and ‘Socio-Economic Infrastructure’ contributed to this increase.

PMI increased to 57.6 index value in October 2019

PMI increased to 57.6 index value in October 2019 »

18 Nov, 2019

Manufacturing PMI increased to 57.6 index value in October 2019 mainly due to increase in Production and New Orders compared to September 2019.

External Sector Performance – September 2019 »

18 Nov, 2019

Central Banks says In September 2019 (year-on-year), the trade deficit increased, with the fall in export earnings exceeding the decrease in import spending.

DFCC Bank records resilient performance amidst challenges

DFCC Bank records resilient performance amidst challenges »

18 Nov, 2019

The following commentary relates to the interim non-audited financial statements for the nine months ended 30 September 2019, presented in accordance with Sri Lanka Accounting Standard 34 (LKAS 34) on “Interim Financial Statements”.

ComBank provides Internet Payment Gateway to Nuwara Eliya Golf Club

ComBank provides Internet Payment Gateway to Nuwara Eliya Golf Club »

18 Nov, 2019

The Nuwara Eliya Golf Club (NEGC), one of the oldest golf clubs in Asia, recently appointed the Commercial Bank of Ceylon as its Internet Payment Gateway (IPG) service provider.

Sri Lanka Tourism partners with several International Organizations at IMM Asia 2019

Sri Lanka Tourism partners with several International Organizations at IMM Asia 2019 »

18 Nov, 2019

Sri Lanka Tourism took part at the International Media Market place (IMM) Asia held in Macao, China, from 21st to 22nd October 2019, by partnering with Macao Tourism and many regional tourism bodies.

Sri Lanka promotes tourism at the International Tourism and Travel Show in Montreal

Sri Lanka promotes tourism at the International Tourism and Travel Show in Montreal »

18 Nov, 2019

Sri Lanka Tourism Promotion Bureau in collaboration with the Sri Lanka High Commission in Ottawa participated at the International Tourism and Travel Show which took place at the Place Bonaventure in Montreal

HNB reports Rs 14.6 Bn Group PBT

HNB reports Rs 14.6 Bn Group PBT »

15 Nov, 2019

Financial News from Sri Lanka: Hatton National Bank PLC (HNB) posted a profit after tax (PAT) of Rs 8.0 Bn for

Corporates vie for honours at CSE masterminds 2019

Corporates vie for honours at CSE masterminds 2019 »

15 Nov, 2019

The third edition of Sri Lanka’s only capital market quiz - CSE masterminds organized by the Colombo Stock Exchange (CSE) was recently held at the Waters Edge Hotel with NDB Investment Banking group emerging as the winner of the overall competition.

HNB takes customer service to a new level at One Galle Face mall

HNB takes customer service to a new level at One Galle Face mall »

15 Nov, 2019

Understanding and anticipating customer needs, Sri Lanka’s largest private sector Bank, HNB PLc opened its doors to its newest customer-centric, business unit at the most prestigious address in town - One Galle Face shopping mall.

CILT Opens Trading at CSE to Celebrate Centenary Year

CILT Opens Trading at CSE to Celebrate Centenary Year »

15 Nov, 2019

The Chartered Institute of Logistics and Transport (CILT) recently rang the Opening Bell to commence trading at the Colombo Stock Exchange (CSE) to mark the organization’s centenary year.

Sri Lanka’s highest value ever in FDI via strategic investment in petroleum refinery

Sri Lanka’s highest value ever in FDI via strategic investment in petroleum refinery »

15 Nov, 2019

Sri Lanka’s geographical locational advantage between Singapore and the Middle East, and the availability of a new deep-water Port in Hambantota make the island an optimum location for establishing export oriented Petroleum and other commodity processing facilities.

Costa Victoria makes her debut call at the port of Colombo

Costa Victoria makes her debut call at the port of Colombo »

15 Nov, 2019

Costa Victoria, the Victoria class cruise ship operated by Italian Cruise company Costa Criciere, Europes, which is a leading cruise company in Venice,

LOT Polish Airlines makes its inaugural flight to Sri Lanka

LOT Polish Airlines makes its inaugural flight to Sri Lanka »

15 Nov, 2019

‘’LOT’’ Polish Airlines, a modern airline connecting Central and Eastern Europe, made its inaugural flight to Sri Lanka from Warsaw to Colombo on 4th November 2019. The new aircraft received the traditional water cannon salute on its landing, which was one of the special occasions to be seen in the field of Airport & Aviation.

Popular Travel blog ‘’My Adventure across the world ‘’ takes Sri Lanka to the centre stage

Popular Travel blog ‘’My Adventure across the world ‘’ takes Sri Lanka to the centre stage »

15 Nov, 2019

Sri Lanka Tourism Promotion Bureau was able to further spread the message to the world regarding Sri Lanka ‘s unique potential as a travel destination, by bringing down the Italian based female Travel Blogger, Claudia Tavani, under SLTPB ‘s Travel Blogger & Influencer program.

Sri Lanka dazzles as Premier Partner at World Travel Market

Sri Lanka dazzles as Premier Partner at World Travel Market »

13 Nov, 2019

The world’s leading travel and trade show opened in London, UK on 4th November 2019 on a grand scale. This year Sri Lanka Tourism Promotion Bureau (SLTPB) collaborated with WTM to be the ‘Premier Partner’ of the event.

ComBank opens Automated Banking Centre at One Galle Face mall

ComBank opens Automated Banking Centre at One Galle Face mall »

13 Nov, 2019

The Commercial Bank of Ceylon has commissioned a state-of-the-art Automated Banking Centre (ABC)at the One Galle Face mall, offering visitors 24-hour access to the Bank’s services.

Nations Trust Bank Supports The Wildlife And Nature Protection Society To Host “Chat With Saba”

Nations Trust Bank Supports The Wildlife And Nature Protection Society To Host “Chat With Saba” »

13 Nov, 2019

Nations Trust Bank is supporting the Wildlife and Nature Protection Society to host an exciting event titled “Chat with Saba”. The event will feature a lively discussion on elephants and elephant conservation with Saba Douglas-Hamilton, the world famous conservationist, wildlife presenter and award-winning wildlife filmmaker.

Nations Trust Bank American Express Partners With “Sri Lankan Art 2019” For The 9th Consecutive Year

Nations Trust Bank American Express Partners With “Sri Lankan Art 2019” For The 9th Consecutive Year »

13 Nov, 2019

Nations Trust Bank American Express partnered with the George Keyt Foundation for the 9th consecutive year to host “Sri Lankan Art 2019”; an exhibition and sale of contemporary Sri Lankan art. Through this partnership,