People’s Bank recently hosted its 20th Annual Inter Branch/Department Quiz at the Monarch Imperial, Sri Jayewardenepura Kotte, showcasing its dedication to staff development and knowledge sharing. The event drew enthusiastic participation from 148 teams across the bank’s network, highlighting the institution’s commitment to fostering a culture of continuous learning. The quiz, attended by Sujeewa Rajapakse,
The Sri Lanka Export Credit Insurance Corporation (SLECIC) has recently paid a claim for Meridian Exports Pvt Ltd, a subsidiary of the Hayleys Group of Companies, regarding their tea export to a buyer in the USA. This payment was made due to the repudiation of the contract by the buyer. Meridian Exports Pvt Ltd, a
The Bank of Ceylon recently organized the annual pinkama, a revered ritual of laying white sand at the Anuradhapura Jaya Sri Maha Bodhiya. Led by the Venerable Chief Incumbent Atamasthanadhipathi, Nuwara Kalaviya Pallegama Hemarathana Thera, this event aimed to invoke blessings for peace, harmony, and prosperity across the nation. Chairman Kavan Ratnayake, General Manager/CEO Russell
Siddhaushadha Pvt. Ltd. emerged triumphant at the Golden Inmediens Awards 2023, securing the coveted title of ‘Best Ayurvedic Brand of the Year’. Adding to their accolades, their Neelyadi Hair Oil was honored as the Most Popular Herbal Hair Oil of the Year. The awards ceremony, dedicated to indigenous medical entrepreneurship, was held at the Water’s
In response to recent public confusion, the National Savings Bank (NSB) has issued a statement clarifying misconceptions surrounding the Sri Lanka Savings Bank (SLSB). NSB emphasizes that SLSB is a fully owned subsidiary and that recent developments involve its proposed acquisition in accordance with a regulatory directive from the Central Bank of Sri Lanka (CBSL).
Dialog customers have once again demonstrated their generosity by contributing over Rs. 18 million towards Little Hearts, a project led by the Sri Lanka College of Pediatricians. This latest donation brings the total amount raised since 2016 to an impressive Rs. 140 million. The initiative aims to establish a 12-storey cardiac and critical care complex
SLT-MOBITEL, the national ICT solutions provider, has joined forces with Connex 360, a leader in innovative IT services, to offer comprehensive smart building solutions for condominium developers and luxury residencies. The partnership, sealed by SLT-MOBITEL Group CEO Janka Abeysinghe and Connex 360’s Chief International Relationship Officer Patrick Rajiv Yogaratnam, signifies a commitment to elevate connectivity
In a significant move aimed at fostering sustainable investments in Sri Lanka, the International Finance Corporation (IFC) and the European Union (EU) have joined forces with the Commercial Bank of Ceylon (CBC) to boost green finance, aligning with the country’s pursuit of a low-carbon economy. This partnership, operating under the EU’s regional initiative ‘Accelerating Climate
Emirates Group has achieved its best-ever financial performance for the 2023-24 fiscal year, marking a significant milestone with record profits of AED 18.7 billion (US$ 5.1 billion), a remarkable 71% increase from the previous year. This achievement is attributed to robust customer demand across its businesses, driving a 15% rise in group revenue to AED
Verité Research, Sri Lanka’s leading think tank, has announced the establishment of a new governance and anti-corruption research division, led by attorney-at-law Sankhitha Gunaratne. With over a decade of experience advocating for transparent and accountable governance, Gunaratne’s appointment underscores Verité Research’s commitment to addressing systemic corruption in the country. The formation of the Governance and