Finance

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

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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

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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

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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.

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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

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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

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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

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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

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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

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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

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