Markets and financialOther Commercial Leasing & Finance PLC records a breakout performance in 2019/20 publisherAugust 26, 2020 August 26, 2020 Increases PAT by 29% and retains industry-best NPLs ‘A’ Stable rating reaffirmed by ICRA Rated amongst Top 50 Brands for 2019/20 b...
BankingMarkets and financial ComBank’s assets cross milestone Rs 1.5 trillion in 1H 2020 publisherAugust 25, 2020 August 25, 2020 Pandemic concessions affect income Net interest income & Net fee and commission reduce by Rs 2.130 billion Impairment charges gr...
InsuranceMarkets and financial Ceylinco Life first in sector to deploy SAP Investment & Finance Module publisherAugust 25, 2020 August 25, 2020 Says integration enhances policyholder earnings and reduces risk Ceylinco Life has become the first life insurer in Sri Lanka to imp...
EconomicsOther CEAT to save the country Rs 11 Billion in foreign exchange via import substitution publisherAugust 24, 2020 August 24, 2020 Currently produces 2 million tyres per annum Says it has capacity to supply 100% of Sri Lanka’s Truck & Bus tyre requirements In...
BankingMarkets and financial ComBank launches ‘Card Balance by Missed Call’ Service for Credit Card holders publisherAugust 21, 2020 August 21, 2020 The Commercial Bank of Ceylon has introduced a new service for the benefit of its ComBank Credit Cardholders – ‘Card Balance by Miss...
EducationEducation CA Sri Lanka instills vital soft skills among passed finalists at 2-day workshop publisherAugust 20, 2020 August 20, 2020 The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) continued to offer dynamic programs for the benefit of its aspiri...
Markets and financialOther CAL advises Sunshine Holdings on a LKR 1.7 Billion acquisition of Daintee Limited, racking up another successful transaction amongst family businesses publisherAugust 19, 2020 August 19, 2020 Consolidating its stance as a Sri Lankan family business expert, Capital Alliance Partners Limited (CAL) advised Sunshine Holdings P...
InsuranceMarkets and financial Ceylinco Life reports 6-month income of Rs 17.1 billion publisherAugust 19, 2020 August 19, 2020 Premium income grows 13% to Rs 9.9 billion Investment & other income up 17.4% to Rs 7.2 billion Net claims & benefits paid...
BankingMarkets and financial ComBank’s Flash enables contactless payments for Tenaga Car Park services publisherAugust 13, 2020 August 13, 2020 Commercial Bank’s ‘Flash’ Digital Bank Account holders can now pay via the app for parking at Tenaga managed on-street and off-stree...
EducationEducation Cambridge International releases results for June 2020 series – with the help of teachers worldwide publisherAugust 13, 2020 In a year like no other, Cambridge International released the results of its June 2020 series on time, to thousands of schools aroun...
EconomicsMarket Ceylon Dollar Bond Fund gains on recovering Sovereign Bonds publisherAugust 13, 2020 August 13, 2020 Improving SL Economic Fundamentals offer one off profit opportunity The Covid-19 financial crisis led to a crash in SL Sovereign B...
InsuranceMarkets and financial Ceylinco Life reports 6-month income of Rs 17.1 billion publisherAugust 13, 2020 August 13, 2020 Premium income grows 13% to Rs 9.9 billion Investment & other income up 17.4% to Rs 7.2 billion Net claims & benefits paid...