Finance

Janashakthi Life Expands Reach with New Branch in Matugama

Janashakthi Life, a leading name in Sri Lanka’s insurance industry, has launched a new branch in Matugama, expanding its reach and making life

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Finance

Pan Asia Bank Introduces Housing Loan Package with Solar Energy Option

Pan Asia Bank is revolutionizing homeownership by offering more than just a loan; it provides innovative, customized solutions to make securing a home

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Industry Analysis

NDB Bank and AIA Win Bank Partner of the Year at 2024 Awards

NDB Bank, in collaboration with AIA Sri Lanka, has been honored with the prestigious title of Bank Partner of the Year at the

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Industry Analysis

Sri Lanka’s Rubber Exports to Europe Set to Increase

Sri Lanka’s rubber export sector is anticipating a rise in order volumes from Europe this October, as buyers return after the summer break

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Industry Analysis

Mufaddal Choonia Named MD and CEO of Mahindra Ideal Finance

Mahindra Ideal Finance Limited (MIFL), a subsidiary of Mahindra Finance, has announced the appointment of Mufaddal Choonia as its new Managing Director and

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International Economic Developments

Biden Commits to Strengthening US-Sri Lanka Ties in Letter to Dissanayake

In a letter to Sri Lanka’s newly elected President Anura Kumar Dissanayake, US President Joe Biden expressed a commitment to strengthening ties between

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Forex Market

Sri Lankan Rupee Closes Stronger at 293.15/20 Against Dollar, Bond Yields Rise

Sri Lanka’s rupee appreciated on Tuesday, closing at 293.15/20 against the US dollar, up from the previous day’s rate of 293.45/55, according to

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Uncategorized

News Summary: 8th of October 2024

Economics ADB Pledges Continued Support for Sri Lanka’s Development A delegation from the Asian Development Bank (ADB), led by Country Director Takafumi Kadono,

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Insurance

Nawaloka Hospitals Partners with NITF to Enhance Healthcare for Agrahara Members

Nawaloka Hospitals PLC has strengthened its commitment to delivering exceptional patient-centric care by signing a Memorandum of Understanding (MoU) with the National Insurance

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Economics

Hambantota Port Sees 40% Increase in Vehicle Handling

The Hambantota International Port (HIP) experienced a remarkable 40% increase in the handling of roll-on/roll-off (RORO) vehicles between the second and third quarters

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