By Sherman Gunatillake With market uncertainty and disruptions across different business verticals christened as the ‘New Normal’, the chief financial officer (CFO) of the modern-day has many elements to balance across the business. In such a context, strengthening business resilience is a crucial responsibility that a CFO has on his agenda. But has a CFO’s…
Prime Lands Residencies Limited, the condominium property arm of Prime Group, the ‘Maestro of Real Estate Artistry’ in Sri Lanka, recently debuted its Initial Public Offering (IPO) and will now be allowing potential investors the ability to submit applications for the IPO from the safety and comfort of their homes, through their website https://ipo.primeresidencies.lk. Investors stand…
HSBC LiveSign powered by Adobe is a cloud-based service that replaces the paper and ink signature process with a fully automated electronic signature workflow made availbale for HSBC’s corporate clients. With HSBC LiveSign customers can easily sign documents anywhere, anytime, and on any device within minutes. Stuart Rogers, Head of Wholesale Banking, HSBC…
Total Market Turnover of the Colombo Stock Exchange (CSE) demonstrated a positive growth of 29.43% in the month of April compared to the previous month. Market turnover was recorded at Rs. 53 billion while Domestic Turnover has seen a growth of 64% indicating the sustained interest among Sri Lankan investors. Further highlights of the month…
Sri Lanka Embassy in Nepal partnered with the Export Development Board of Sri Lanka (EDB) to connect construction industry stakeholders of the two countries in a webinar titled “Collaboration in the Construction Industry between Sri Lanka and Nepal ” on Tuesday 04 May. In his opening remarks, EDB Chairman Suresh de Mel described Nepal as…
Sustaining the global spotlight on Sri Lanka as a ‘safe and secure’ holiday destination that has successfully opened up to the world, CNN’s Asia Travel journalist, Lilit Marcus visited the island early last month to experience first-hand how Sri Lanka Tourism has managed to open up the country by implementing the globally recognized ‘bio-bubble’ concept….
MAS Holdings announced today, that in line with its long-term strategic objectives, it has concluded the acquisition of its subsidiary attune Lanka (Private) Limited by Rizing. Rizing is a privately held, US-based boutique firm specializing in providing SAP solutions for Consumer Industries, Enterprise Asset Management and Human Capital Management worldwide. In 2018, MAS Holdings completed…
Reuters – EBay Inc (EBAY.O) is open to the possibility of accepting cryptocurrency as a form of payment in the future and is looking at ways to get non-fungible tokens (NFTs) on its platform, the company said on Monday. A growing number of companies have begun to accept virtual currencies as a form of payment, taking an…
Financial Results for the Quarter ended 31 March 2021 DFCC Group recorded a PAT of LKR 1.6 Advances grew by LKR 13 Bn to 315 Bn (4% growth). Deposits grew by LKR 2 Bn to 312 Bn (1% growth). In the backdrop of an extremely challenging environment supporting the efforts by the Government to…
The Speaker announced in the Parliament today (04) that MP Dr. Harsha De Silva has been nominated to serve in the Committee on Public Enterprises (COPE) by the Committee of Selection. MP Dr. Harsha De Silva has been nominated to fill the vacancy occurred due to the fact that the MP Ranjan Ramanayake has ceased…
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