Finance

NDB Bank Honors Winners of Remittance Avurudu Wasiya Campaign

NDB Bank is excited to announce the winners of its successful campaign, “Salli Ratin, Thagi Apen, remittance Avurudu Wasiya,” which aimed to encourage.

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Finance

Pan Asia Bank Maintains Stable Performance in First Quarter of 2024

Pan Asia Banking Corporation PLC has announced a notable increase in its Profit before Tax (PBT) by 47% for the first quarter of.

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Finance

LB Finance Commemorates Festive Awurudu Celebration with Enthusiasm

LB Finance celebrated the traditional Awurudu festival on 19 April 2024 with great fervor, transforming its Corporate Office in Colpetty into a vibrant.

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Finance Industry Analysis

Tea Industry Planters Caution Against Across-the-Board Wage Increases, Citing Risk of Sector Bankruptcy

Plantation companies are holding firm on their stance regarding productivity-based wages for estate workers, amidst union demands for a daily pay of Rs..

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Finance Industry Analysis

CBC Finance appoints Sharmini Wickremasekara to Board

Sharmini Wickremasekera has recently been appointed as an Independent, Non-Executive Director to the Board of Directors of CBC Finance Ltd, effective from 22nd.

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Finance Industry Analysis

BOC launches Youth Loan Scheme to spark dreams into reality

The Bank of Ceylon (BOC) has introduced the Youth Loan Scheme, aimed at nurturing the entrepreneurial drive among the youth. This initiative offers.

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Finance Industry Analysis

Colombo stock market rebounds

The Colombo stock market experienced a resurgence into positive territory, buoyed by an uptick in investor sentiment and robust turnover. The benchmark All.

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Finance Industry Analysis

Sri Lankan Construction Sector Receives Payment Relief and Hope for Reform

The Sri Lankan construction sector has been facing challenges due to the economic crisis and the COVID-19 pandemic. In a positive development, the.

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Finance Industry Analysis

Sri Lankan Stock Market Sees Outflow and Profit Taking, Indices Dip

The Colombo Stock Exchange experienced a day of net foreign outflow and profit booking by local investors, leading to a decline in key.

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