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.
Businesscafe - The Colombo Stock Exchange (CSE) has recorded 9.3% growth in Year-to-Date (YTD) All Share Price Index (ASPI) within the first 05 months of 2021.
Businesscafe - Diversified Sri Lankan conglomerate Sunshine Holdings (CSE: SUN) recorded resilient revenue and profit growth in a pandemic-affected macroeconomic environment, reporting notable top-line and bottom-line performances growth during the year ended 31 March 2021 (FY20/21).
Businesscafe - Automated utility bill payment with no intervention by the customer has brought about a new dimension in convenience for ComBank credit card holders by offering them an option to automatically settle their monthly bills to the country’s most-widely used utilities.
Businesscafe - Sri Lanka’s first and fully digital banking experience, FriMi, marked yet another milestone by enabling contactless payments for parking in Kandy on the 20th of March 2021.
Businesscafe - The Hayleys Group delivered the highest revenue and profit in its 143-year history during FY 2020/21.
Businesscafe - Supporting the Central Bank of Sri Lanka’s (CBSL) ‘Rata Purama LANKAQR’ campaign, HNB conducted an activation programme to encourage the public from the Matara district towards a cashless payment ecosystem, while onboarding merchants in the district to its digital wallet SOLO.
