In an effort to enhance the nation’s digital financial landscape in the wake of the COVID-19 pandemic, Sri Lanka’s leading private sector bank HNB PLC recently announced that its secure corporate payment platform, “PAYFAST”, had recorded over a colossal Rs.100 billion in volume during the first half of 2021. Among the most cost-effective digital solutions…
The Kandy Esala Perahera is the culmination of over 1700 years of history, tradition, and artisanship and during the annual event, the citadel of Kandy comes alive in a breathtaking pageant of sound and illumination. This year’s event was held between the 13th and 23rd of August, with all customary affairs being carried out under…
Bangladesh is set to send US$100 million more to Sri Lanka Monday (30) to help the island nation in minimising foreign-exchange crunch on their economy, officials said. The fund from Bangladesh has been provided under the currency-swap agreement signed by the Bangladesh Bank (BB) and the Central Bank of Sri Lanka (CBSL) on August 03….
The Silk Road Journal by Mahika Ming Most Sri Lankans are praising Dinesh Priyantha for winning their first ever Paralympics Gold Medal in Tokyo. He set a new world record by throwing the Javelin 67.79m. Samitha Dulan who won the Bronze is also being praised. Dinesh brought honour to the motherland in Rio as well…
The Colombo Stock Exchange has requested a root cause analysis from the System provider Iron One Technologies Pvt Limited regarding a disruption to the order management system provided to four Stockbroker firms during trading today (30), which resulted in trading difficulties to clients of these firms. System providers are an integral element of a technologically…
From the battlefield to the track and field of the Tokyo 2020 Paralympics, Dinesh Priyantha Herath has set a new World Record for the men’s javelin throw event with a record throw of 67.79 meters, making history as Sri Lanka’s first Paralympic Gold Medalist. A glorious feat from an ex-serviceman of the Sri Lankan Army,…
Many families are aware of the importance of early financial investment education. Once, you asked Emmanuel Rodriguez why there was no Nintendo console yet. The 7-year-old says he owns something better: Nintendo stock. The friend stared incredulously, but it was true. The boy holds Nintendo shares worth about $178. Emmanuel’s father, Sebastian Rodriguez, said: “This…
SLT-MOBITEL’s attention has been drawn to recent media reports citing its management of the Lankan Government Cloud (LGC) server and provision of services to the National Medicines Regulatory Authority (NMRA). Several media reports published have stated that NMRA data which included confidential information on the formulation of drugs and other supporting documents had been allegedly…
LOLC with its robust MSME-based (Micro, Small and Medium Enterprises business model is expanding its global footprint with three parallel investments being made in Tajikistan in Central Asia as well as Malawi and Tanzania in East Africa. LOLC enters Central Asia with its maiden investment in the region through the acquisition of a 75% stake…
The Colombo Stock Exchange (CSE) and University Canada West (UCW) jointly announce the signing of a Memorandum of Understanding (MoU) to formalize collaborative efforts directed at mutual development. The MoU is projected towards recognizing the common interests of the two organizations with a focus on collaborating in executive training opportunities and promoting future cooperation. The…
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