Powered by Dialog Axiata PLC (“Dialog”), Genie, Sri Lanka’s first PCI-DSS-certified payment app has cemented a major milestone moment on its journey in establishing itself as the biggest payment processing network in Sri Lanka through the achievement of over Rs. 10 billion worth transactions. With more and more customers falling reliant on smart devices, Genie…
The Colombo Stock Exchange (CSE) has approved an application by the Ceylon Electricity Board (CEB) to issue Senior Unsecured Listed Redeemable Rated Debentures at an Issue Price of Rs. 100 amounting to a potential capital raising of up to Rs. 20 Billion. The debentures will be issued for period of 5 years with a fixed…
The Central Bank of Sri Lanka has issued a statement to the general public. This announcement is issued regarding the holding of foreign currency in hand and accepting foreign currency as earnings from business activities in Sri Lanka. The announcement is as follows,
Headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2013=100) increased to 4.1 per cent in March 2021 from 3.3 per cent in February 2021. This was due to the statistical effect of the low base prevailed in March 2020. Meanwhile, Food inflation (Y-o-Y) increased to 9.6 per…
Nations Trust Bank PLC hosted its 22ndAnnual General Meeting (AGM) on the 31st of March, 2021 in a virtual environment. The proceedings were live streamed seamlessly via Zoom from the Head Office of Nations Trust Bank. Chairman Gihan Cooray, Director/Chief Executive Officer Priyantha Talwatte and Board Members Russell De Mel, Rachini Rajapaksa and Suran Wijesinghe…
Sri Lanka Tourism has been recognized for its innovative “Bio Bubble” concept by the International Trade Tourismus-Börse Berlin (ITB) which is one of the largest trade shows in the world. This year, the trade fair took place on a virtual platform from the 9th – 12th of March, where over 3500 exhibitors showcased their tourism…
Banking sector giant, Bank of Ceylon, ends strenuous year with undisputed leadership position, keeping spotlight on economic revival. Highest disbursement under “Saubagya” Working Capital Loan scheme – 18,589 facilities worth of LKR 39.1 billion Moratoriums provided for facilities valued at over LKR 589.4 billion Highest reported industry profit (2020) – LKR 23.6 billion (PBT) Triple…
The WindForce Limited Initial Public Offering (IPO) of Rs.3.2 Bn, the largest IPO announced at the Colombo Stock Exchange (CSE) since 2011, has attracted applications amounting to a value of Rs 25.7 Bn, demonstrating the strong appetite for IPOs among investors in the Sri Lankan stock market. The company’s IPO for 202,615,341 shares at an…
A consignment of Sinopharm (BBIBP-CorV) vaccines manufactured by China to fight against the Coronavirus pandemic were brought to the island this morning (31). The vaccines were transported from Beijing on SriLankan Airlines flight UL809, arriving at Bandaranaike International Airport. The Cargo handling of the vaccine doses by offloading and clearing on a priority basis was…
Sri Lanka Cricket has decided to call for applications for the post of Manager of Sri Lanka National Cricket Team. The Department of Human Resources of Sri Lanka Cricket has published a public advertisement in this regard. The relevant advertisement is as follows:
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