Sri Lanka’s most innovative bank, HNB PLC successfully concluded the country’s first-ever hybrid virtual Annual General Meeting on May 29.
Fueled by strong growth in its healthcare sector, diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) reported notable growth in bottom-line performances during the year ended 31st March 2020 (FY19/20).
People’s Bank has tied up with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) to provide a special COVID-19 relief loan scheme to members of CA Sri Lanka whose revenue has been negatively affected due to the COVID-19 pandemic.
ICBT, one of the leading tertiary education providers in Sri Lanka, has appointed the Commercial Bank of Ceylon as its Internet Payment Gateway (IPG) service provider, enabling the institution’s website to accept multi-currency online payments from both local and foreign students.
The Commercial Bank of Ceylon has announced the commitment of approximately Rs 10 billion to a Bank-funded COVID-19 Support Loan Scheme to assist affected SME enterprises.
The Sri Lanka Institute of Directors (SLID) – Sri Lanka’s leading member institute for Directors organized a timely webinar titled “Covid 19 : Customs Procedures and Practices” with senior officials of the Customs Dept. to discuss the issues faced by the business community during the current Covid-19 pandemic, and the procedures and improvements to be implemented in the import/export process so vital to the smooth functioning of the economy.
Ceylinco Life has announced the payment of Rs 2.87 billion in gross benefits and claims to policyholders in the three months ending 31st March 2020, an increase of 17.7 per cent over the first quarter of 2019.
The Colombo Stock Exchange resumed stock market operations on 11 May 2020, following an extended closure as a result of the COVID-19 pandemic.
Innovative Media Relations, one of Sri Lanka’s progressive PR agencies completed a decade of operation this year, and kicked off its anniversary celebrations with the re-launch of www.innovativemedia.lk - the agency’s freshly revamped website recently.
Consequent to the announcement made by the Government that the curfew will be effective only between 10.00 pm to 4.00 am daily in all districts with effect from 26th May 2020 and the requests made by industry stakeholders to extend trading hours, the CSE has decided to extend the trading hours from Tuesday 26th May 2020 as set out below
Brand Finance has declared Commercial Bank of Ceylon the ‘strongest banking brand’ in Sri Lanka in 2020, unequivocally reaffirming the strength the brand and ranking the Bank fourth among all brands in in the country as well as assigning the Bank the highest brand value growth among the top 10 corporates in the list.
