People’s Bank set to boost small and medium businesses with Rs.15 billion allocation for loans at 6%

In line with the Government’s development programme and with the aim of uplifting the small and medium businesses adversely affected by the COVID-19 pandemic, People’s Bank has introduced a special loan scheme with an interest rate of just 6%. The Bank has allocated...
Posted On 25 Jun 2020
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Sampath Bank Revive Sri Lanka Continues to Power Revival of COVID Impacted Economy

Offers Special Low Interest Business Loans and Gold Loans to Businesses and Individuals Stepping up its assistance to businesses and individuals affected by the global health and economic crisis, Sampath Bank rolled out a host of special business loans and gold loans under its...
Posted On 25 Jun 2020
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KK Collection opens Bamboo Restaurant & Bar at KK Beach, Habaraduwa

KK Collection launches ‘Bamboo’ at KK Beach, Habaraduwa, Galle, on July 1, 2020. The Bamboo Restaurant & Bar, under Chef Sesha Fernando (Executive Chef, KK Beach) and Chef Prasad Hewahinipallage (Group Executive Chef, KK Collection), is expected to further enhance the KK...
Posted On 25 Jun 2020
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ComBank further slashes lending rates

Agri Business Loan rates reduced by 3.5% in 2020 to date SME Loan rates cut by 4% this year Gold Loan rates reduced by 5% since January 2020 The Commercial Bank of Ceylon has announced a further lending rate cut, slashing rates by up to 2% on all categories of loans in a...
Posted On 25 Jun 2020
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SINGER launches new website offering an unmatched shopping experience

3 days of special discounts from 26th to 28th June SINGER, the country’s premier consumer durables retailer recently launched its new website in order to provide an optimal user experience to its customers through www.singer.lk. This yet again replicates SINGER’s commitment in...
Posted On 25 Jun 2020
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Huawei ranks #6 among world’s most innovative companies 2020

Global leading ICT infrastructure provider Huawei has ranked No. 6 in BCG’s recent released list of the 50 Most Innovative Companies in 2020, moved up by 42 places. This is the highest ranking for the tech giant since it first made the list in 2012. According to the report by...
Posted On 25 Jun 2020
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Emirates to fly A380 to London Heathrow and Paris, adds Dhaka and Munich to network

The highly popular Emirates A380 aircraft will begin serving travellers on flights to London Heathrow and Paris starting from 15 July. This marks the return of Emirates’ flagship aircraft on scheduled services since the pandemic forced the temporary grounding of the airline’s...
Posted On 25 Jun 2020
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Sarvodaya Development Finance relocates Kamburupitiya branch to better serve cinnamon farmers in the area

Sarvodaya Development Finance, a licensed Finance Company approved by the Central Bank of Sri Lanka, has relocated its Kamburupitiya branch to provide an enhanced service to its valued customers in the area. The new branch is located at #7, Banduwatta, Akuressa Road,...
Posted On 25 Jun 2020
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Nations Trust Bank PLC launches Rs. 7 Billion “Nations Diriya” fund to support economic revival

Led by their vision of “helping people and businesses by providing financial services and information to achieve their goals and aspirations in a sustainable way”, Nations Trust Bank has identified the importance of assisting adversely affected businesses with a view to...
Posted On 25 Jun 2020
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HNB Assurance to Introduce New Products Faster with Oracle Cloud

HNB Assurance PLC (HNBA), one of Sri Lanka’s leading life insurers has gone live on Oracle Cloud Enterprise Resource Planning (ERP) to simplify and streamline its business processes as well as to increase visibility into its financial operations and support its mission to deliver...
Posted On 25 Jun 2020