Businesscafe - The Colombo Stock Exchange (CSE) recently initiated a series of virtual forums for Small and Medium Enterprises (SME) to highlight the advantages of listing on the Empower Board.
Businesscafe - The Commercial Bank of Ceylon has introduced a Corporate Fuel Credit Card and a Prepaid Fuel Card that can exclusively be used for fuel purchases and will eliminate the cumbersome fuel allowance reimbursement process currently followed by most companies.
Businesscafe - FriMi, the fully-fledged digital banking experience, payments platform and lifestyle partner recently announced its latest innovative feature FriMi Bucket List.
Businesscafe - WindForce Limited, which listed on the CSE this year, displayed a strong performance for the year 2020/21.
Businesscafe - Lankem Ceylon PLC posted a strong Q4 performance for the FY 2020/21 recording a Pre-Tax Profit of Rs.229Mn against a Loss of Rs.185Mn as reported in 2019-20.
Businesscafe - Following the success of the first batch of Technical series 2019-2020, Global Reporting Initiative (GRI) in collaboration with Colombo Stock Exchange (CSE) is organizing the second batch of the Technical Series titled “Preparing a Sustainability Report” on 15th, 17th, 22nd June 2021, from 10.30 AM to 12:00 PM.
Businesscafe - Prime Lands Residencies Limited is scheduled to be listed on the Diri Savi Board of the Colombo Stock Exchange(CSE) with effect from 08th June 2021.
Businesscafe - The International Finance Corporation (IFC), a member of the World Bank Group, announced a US$20 million investment in Kandeo 3D, a private debt fund managed by Kandeo Investment Advisors that will provide financing to underserved Middle-Market Enterprises (MMEs) in Colombia, México and Peru to accelerate economic recovery in the region.
Businesscafe - The Commercial Bank of Ceylon has once again been declared the ‘Best Bank in Sri Lanka’ at the 2021 FinanceAsia Country Awards, taking its place among global and regional giants adjudged the best domestic banks in their respective countries.
Businesscafe - The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka (CBSL) issued a press release recently stating that the Unit imposed penalties on a couple of banks/finance companies including Kanrich Finance Ltd., for non-compliance of provisions in the Financial Transactions Reporting Act No. 6 of 2006 (FTRA) inter-alia related updating of United Nations Security Council Resolutions (UNSCR) Sanction lists and Financial Institutions (Customer Due Diligence) Rules as per the FIU rules, regulations and directives.
Businesscafe - Standard Chartered Sri Lanka announced the enhancement of its robust payment capabilities with the implementation of the country’s first ever interbank instant payment API (Application Programming Interface) connectivity solution.
