Markets and Financial

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IASL highlights benefits of insurance throughout the Insurance Month

September was declared the Insurance Month in Sri Lanka. The Insurance Association of Sri Lanka (IASL), will continue to focus on advancing the industry, as it has done for the past four years through a series of initiatives within this month. Since its inception, the insurance...
Posted On 14 Sep 2020
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CLC Islamic Finance tops first five-year stint with a gold rush

CLC Islamic Finance of Commercial Leasing & Finance PLC (CLC) is a leading Islamic Finance entity in Sri Lanka that is now propelling to greater recognition within the South Asian Islamic financing arena as well. Launched in 2015 under the Islamic Business Division (IBD) of...
Posted On 14 Sep 2020
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Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform, Enabling Central Banks to Assess and Explore National Digital Currencies

  Innovative virtual and custom testing platform allows central banks to evaluate use cases and test roll-out strategies for CBDCs by simulating a CBDC ecosystem Central banks, commercial banks, and tech and advisory firms invited to partner with Mastercard to evaluate the...
Posted On 12 Sep 2020
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ComBank powers Findmyfare to accept QR code payments through LANKAQR

Findmyfare, Sri Lanka’s largest online travel company, has begun accepting online payments via Quick Response (QR) codes following the Commercial Bank of Ceylon introducing the LANKAQR option to the company. Customers purchasing flight tickets, movie tickets, hotel stays or...
Posted On 12 Sep 2020

TRAVEL AND TOURISM

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Dubai Desert Conservation Reserve releases first annual report

As Dubai begins welcoming international visitors, the Emirates Group is celebrating 20 years of partnership with the Dubai Desert Conservation Reserve (DDCR) and the release of the first DDCR annual report. The Reserve covers an area of 225 square kilometres and makes up 5% of...
Posted On 28 Jul 2020
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Emirates covers customers from COVID-19 expenses, in industry-leading initiative to boost travel confidence

World’s first airline to offer its passengers free cover for COVID-19 medical expenses and quarantine costs, in a unique assurance when they fly to any destination, in any class of travel Emirates customers can travel with confidence, as the airline will cover medical expenses of...
Posted On 24 Jul 2020
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Emirates SkyCargo keeps the world connected with over 10,000 flights in 3 months

Emirates SkyCargo has facilitated the movement of essential commodities and other supplies for individual consumers and businesses across the world by operating more than 10,000 cargo flights to destinations across six continents. The flights were a mix of scheduled, ad-hoc and...
Posted On 23 Jul 2020
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Emirates resumes flights to Stockholm from 1 August

Emirates will resume passenger services to Stockholm with weekly flights from 1 August, expanding its network in Europe to 22 cities, and connecting customers from Europe to the Middle East, Asia Pacific and Africa. The restart of Stockholm flights means that all Emirates...
Posted On 23 Jul 2020

Technology

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ITX360 partners with UiPath to introduce a new paradigm in hyperautomation to Sri Lanka

ITX360 (Pvt) Ltd, a subsidiary of Expolanka Holdings PLC, announced a groundbreaking partnership with global Robotic Process Automation (RPA) experts, UiPath, in order to provide public and private sector organizations in Sri Lanka with the ability to radically optimize...
Posted On 19 Sep 2020