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CSE approves Softlogic Finance Rs 1.9Billion Rights Issue

Planned acquisition and merger with Abans Finance sets up company with Rs 32Billion asset base   Colombo – Softlogic Finance PLC received Colombo Stock Exchange (CSE) approval for its Rights Issue of Rs 1.9 billion and the Extraordinary General Meeting of the Company is...
Posted On 21 Oct 2020
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Are Licensed Finance Companies the missing link in Sri Lanka’s Financial Inclusion quest?

By Krishan Thilakarathne Financial Inclusion is essential for continuous and sustainable economic development, according to IFC. This is no exception for Sri Lanka despite showing strong numbers in bank penetration. According to the World Bank Group’s (WBG) Global Findex for...
Posted On 21 Oct 2020
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Western Union at Seylan Bank

Western Union partnership was recently announced at a ceremony held at the Seylan Bank head office. The launch ceremony took place with the participation of both Seylan Bank officials and Western Union representatives with Mr. Noor Elahi, Country Manager of Western Union Sri...
Posted On 21 Oct 2020
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Galaxy of global stars to descend in Sri Lanka for LPL

     Gayle, Afridi, Liam, Faf, Miller, Brathwaite, Malik are few foreign signing Mathews, Malinga, Thisara Perera, Kusal Janith are key locals Whatmore, Moin Khan and Hashan Tillakaratne in coaching staff Manpreet Gony & Manvinder Bisla Indian representative in LPL  ...
Posted On 21 Oct 2020
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Jeep Club Expedition 2020 – “Trail of Majesty”

The Jeep Club of Sri Lanka (JCSL) recently concluded its 6th annual expedition, an event that aims to both engage and challenge members with a combination of scenic routes and undiscovered paths in the country.   Speaking at the event, Jeep Club of Sri Lanka President, Mr....
Posted On 21 Oct 2020
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Dr. Pradeep Edward Appointed Executive Director / CEO

The leading commercial forestry conglomerate in Sri Lanka which stands as a truly Sri Lankan Company providing exceptional green investment opportunities, Sadaharitha Plantations Limited announced the appointment of Dr. Pradeep Edward to its Board as the Executive Director and...
Posted On 21 Oct 2020

Prudent Financial Planning with NDB Wealth

Having studied and identified the gaps in the market for Wealth management solutions, NDB Wealth shares an action plan to enable prudent financial planning, which can have an impact on the lives of investors as well as their near and dear ones.   Reviewing savings and...
Posted On 21 Oct 2020
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Arpico Finance reaffirms its merger with AMF

With an ambitious drive to be one of the successful finance companies in the country, the soon-to merger between Arpico Finance Company PLC (AFC) and Associated Motor Finance Company PLC (AMF) does not come entirely as a surprise. This will further strengthen the safety and trust...
Posted On 21 Oct 2020
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Hayleys Fabric commits to SBTi to limit global warming at 1.5°C

On track to achieve net-zero emissions target by 2050 or sooner  Committed to Paris Agreement goals to help limit global warming to well-below 1.5°C   Moves ahead with initiatives on clean renewable energy and recycling  Pioneering textile manufacturer, Hayleys Fabric PLC, has...
Posted On 21 Oct 2020
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Angelo, Faf, Andre picked by Colombo in LPL Draft

     Kandy picks Chris Gayle & Liam Plunkett; Malinga, Afridi go to Galle   Colombo: Former Sri Lanka captain in all formats Angelo Mathews, former South African skipper Faf du Plessis and Jamaican all-rounder with more than 300 T20 matches under his belt, Andre Russel...
Posted On 21 Oct 2020
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ComBank adjudged the ‘Most Engaging Banking Partner of the Year’ by Daraz

The Commercial Bank of Ceylon was crowned ‘The Most Engaging Banking Partner of the Year’ at the Daraz Seller Summit 2020, Sri Lanka’s premier online shopping destination owned by Alibaba Group. The award was presented to the Bank for processing the most number of transactions...
Posted On 21 Oct 2020
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Think outside the box to manage your remote workforce

By Rajesh Maurya, Regional Vice President, India & SAARC, Fortinet. Before the start of the COVID-19 pandemic, many organizations had already begun the shift toward telework. By offering this as an option to their employees, even as an occasional benefit, some companies were...
Posted On 21 Oct 2020