Business

MillenniumIT ESP Launches Global Service Delivery Centre at Port City Colombo

MillenniumIT ESP, a leading enterprise solutions provider, has announced a significant milestone in its growth journey with the establishment of its Global Service Delivery Centre at Port City Colombo. This new facility, registered under the company’s subsidiary, Millennium IT ESP Singapore, will serve as the primary hub for delivering innovative technology solutions to its expanding

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Industry Analysis

COYLE Unveils Global Platform to Propel Sri Lankan Industries onto the World Stage

The Chamber of Young Lankan Entrepreneurs (COYLE) has launched an ambitious initiative known as the COYLE Global Platform, aimed at empowering Sri Lankan industries to establish a foothold in international markets. This groundbreaking project is a collaboration between COYLE and its former members, along with international business chambers, to elevate Sri Lankan enterprises to new

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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 funds by leveraging outstanding trade receivables. Unlike traditional loans that consider a broad range of factors, factoring focuses primarily on the quality and collection of receivables to establish the facility. Seylan Factoring

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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 (BIA) in Katunayake for the next three years. During the post-Cabinet meeting media briefing, Cabinet Spokesman and Minister Bandula Gunawardena announced that this decision follows a competitive bidding process conducted by Airport

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Finance

Pan Asia Bank Unveils ‘SME Re-Energizer’ Loan to Support Business Growth

Pan Asia Bank has launched its new ‘SME Re-Energizer’ loan, a collaborative initiative with the Sri Lankan Government aimed at providing crucial financial support to SMEs and MSMEs across Sri Lanka. The ‘SME Re-Energizer’ loan offers investment opportunities up to Rs. 15 million per SME client with a valid business registration, featuring a competitive interest

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