Businesscafe - DFCC Bank, the premier commercial Bank in Sri Lanka, announced the landmark signing of a Memorandum of Understanding (MOU) with the National Chamber of Exporters (NCE) and will now act as one of the Chamber’s key strategic partners.
Businesscafe - The shares of First Capital Treasuries PLC (CODE: FCT-N-0000) commenced trading on the Colombo Stock Exchange (CSE) today.
Businesscafe - The Board of Directors of the Colombo Stock Exchange (CSE), with the consultation of the Securities and Exchange Commission of Sri Lanka (SEC), has decided to extend the trading hours from Monday, 03rd January 2022 as set out below:
Businesscafe - The Colombo Stock Exchange (CSE) is revising the index calculation methodology of the All Share Price Index (ASPI) from full market capitalization-weighting to free float-adjusted Market Capitalization weighting as notified to the market on 16th November2021.
Businesscafe - NDB Wealth as a trusted financial and wealth management partner strongly advocates the need to plan ahead and prepare for the festivities in a prudent manner so that one can relax and enjoy the season.
Businesscafe - Sampath Bank PLC is offering an additional reward of Rs. 8 per US Dollar for remittances made through the ‘Sampath e-remittance’ service and converted into Sri Lankan Rupees during the month of December 2021.
Businesscafe - The Initial Public Offering (IPO) of Kapruka, Sri Lanka’s Pioneering ecommerce platform with a global presence, will officially open at 9.00am tomorrow, 22nd December 2021.
Businesscafe - Further extending its dominant position in the financial industry, leading integrated financial services institution HNB FINANCE PLC entered into a contractual agreement with Prime Lands and Prime Finance on 20th December, 2021, acquiring a controlling stake of 87.27% from Prime Lands (Pvt) Ltd, a pioneering force in Sri Lanka's real estate landscape.
Businesscafe - Mastercard was recognized as the ‘Most Valuable Payment Partner’ by Daraz, Sri Lanka’s largest online shopping platform for generating ‘Highest Overall Payment Volume’; ‘Highest Overall Transaction Volume’; and ‘Highest Total Payment Volume’, during the Daraz Payment Partner Performance Awards 2021.
Businesscafe - The Commercial Bank of Ceylon has completed its project to equip 100 schools island-wide with Smart Classrooms that deliver digitised educational content, a commitment it embarked on in its centenary year to transform orthodox educational institutions to STEM (Science, Technology, Engineering, and Mathematics) Centres.
Businesscafe - The Initial Public Offering (IPO) of Co-Operative Insurance Company Limited, through an Offer for Subscription of 166,750,000 Ordinary voting shares at a price of Rs. 3.60 per Share, which opened today (20th December 2021) was oversubscribed on the initial day itself.
