Gunmen attack stock exchange building in the city of Karachi, four assailants killed, police say. Gunmen have attacked the Pakistani stock exchange building in the city of Karachi, and four assailants were killed, police said. The gunmen attacked the building with grenades and guns, local media reported. The building is in a high-security zone and…
Uber has launched its latest product offering – ‘Uber Rentals,’ a 24×7 on-demand service which allows riders to book a car and its driver for several hours with the liberty to make multiple stops along a journey, just as they would with their own car. The new service aims to provide riders a personalised experience…
The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 26 June 2020, decided to implement a Credit Guarantee and Interest Subsidy Scheme to accelerate lending by banks to businesses adversely affected by the COVID-19 pandemic. This scheme, which will be launched on 01 July 2020, will operate in parallel…
Sri Lankan singing sensations Bathiya and Santhush together with TV Derana presented Sri Lanka’s first-ever drive-in concert, powered by Dialog Axiata, which treated fans to the first LIVE music experience since the COVID-19 pandemic lockdown. The ‘BNS Drive-in Concert with Dialog’ was held at the Colombo Airport Ratmalana. Other popular artistes including Umaria, Sanuka, Wasthi…
Bloomberg – Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising from Facebook Inc.’s network. Shares of the social media company fell 8.3% on Friday, the most in three months, after Unilever, one of the world’s largest advertisers, joined other brands in boycotting ads on the social network. Unilever said it would stop…
San Francisco (AFP) – Coca-Cola, a major force in global advertising, announced Friday it would suspend ads on social media for at least 30 days, as platforms face a reckoning over how they deal with racist content. “There is no place for racism in the world and there is no place for racism on social…
The Central Bank of Sri Lanka (CBSL) has taken measures to commence the second stage of the compensation payments to the depositors of The Finance Company PLC (TFC) with effect from 02.07.2020. Accordingly, such payments will be taken place at 63 branches of the People’s Bank Island wide. In terms of this compensation mechanism Rs….
The 51st Annual General Meeting (AGM) of the Commercial Bank of Ceylon PLC, Sri Lanka’s benchmark private bank, was conducted on a virtual platform for the first time on Thursday, 25th June 2020. This was organised to maintain social distancing as necessitated by the COVID-19 pandemic. The proceedings were streamed live via Zoom from the…
The Colombo Stock Exchange (CSE) is pleased to announce the appointment of Mr. Dumith Fernando as the Chairman of the Board of Directors of the CSE with effect from 01st July 2020. Mr. Fernando has served on the Board of the CSE since 2017 and succeeds Mr. Ray Abeywardena, who steps down as the Chairman…
Exploring the untapped potential of Sri Lanka’s wellness sector through a live and interactive three–part webinar series. 03rd, 07th, 10th July 2020 15:00 – 16:00 Sri Lanka Time | 10:30 – 11:30 BST | 11:30 – 12:30 CEST Wellness Tourism is a big talking point in Sri Lanka. Post Covid-19, this fast-growing travel niche will…
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