Seylan Bank Introduces New Factoring Services to Boost Business Cash Flow
Seylan Bank has unveiled a new addition to its financial services suite with the launch of Seylan Factoring, designed to help businesses access
Finance
Entrepreneurship
100 Young Entrepreneurs Upskill at SPARK 2024 Competition
The SPARK Skilled Youth Entrepreneurship Competition 2024 has successfully completed its first round, with 100 young participants undergoing advanced training in business fundamentals
Tourism
Six New Tourist Service Counters to Open at (BIA)
The Cabinet of Ministers has approved the awarding of contracts to six new companies to operate tourist service counters at Bandaranaike International Airport
Business
Australia’s United Petroleum to Launch Operations in Sri Lanka on August 28
Australia’s United Petroleum Pvt. Ltd. is set to begin operations in Sri Lanka on August 28 under the banner of United Petroleum Lanka.
Business
Sri Lanka Awards Crude Oil Supply Contract to Vitol Asia (Singapore)
Sri Lanka’s Cabinet has approved a contract for the purchase of three shipments of Murban crude oil from November 15, 2024, to April
Forex Market
Sri Lanka Rupee Opens at 300.90/301.10 Against US Dollar
On Friday, Sri Lanka’s rupee opened at 300.90/301.10 against the US dollar, a marginal decline from Thursday’s close of 300.80/301.30. Dealers noted that
Business
WEConnect International Hosts Key Events to Empower Sri Lankan Women Entrepreneurs
On August 4 and 5, 2024, WEConnect International, supported by the US Embassy, hosted two pivotal events in Colombo aimed at empowering women
Stock Market
CSE Forum Explores Alternative Investments and Wealth Diversification
The Colombo Stock Exchange (CSE) recently organized an awareness session titled “Creating Opportunities for Wealth Creation and Diversification” at the Hilton, Colombo. The
Personal Finance
Rajkumar Kanagasingam Wins Bronze at 2024 Stevie Awards for Tech Excellence
Rajkumar Kanagasingam, Founding President of the Fintech Association of Sri Lanka (FASL), has been awarded the Bronze in the “Executive of the Year
Industry Analysis
Sampath Bank to Raise Rs. 10 Billion via Basel III Compliant Debentures
Sampath Bank has announced plans to raise up to Rs. 10 billion via Basel III compliant, tier 2, listed, rated, unsecured, subordinated, redeemable