Commercial Credit and Finance PLC's issue of up to 20 million rated, guaranteed, subordinated, redeemable five-year Debentures at a par value of Rs. 100 each was oversubscribed soon after subscriptions were opened on Wednesday, the 3rd of December 2015.

Sri Lanka's hotel industry is set for more growth, with direct benefit to the economy project for the coming years.

Colombo Stock Exchange adopts GICS

Thursday, 03 December 2015 10:25

Colombo Stock Exchange (CSE) announces that CSE is adopting the Global Industry Classification Standard (GICS) to classify its listed companies along with S&P/CSE cobranded sector indices.

For excellence in business and contribution to the economic progress of the country, Softlogic Finance PLC was recognized with its third consecutive National Business Excellence Award (NBEA) in the ‘Non Banking & Financial Services’ category recently.

The Colombo Stock Exchange will be commemorating its 30th Anniversary on 2nd December 2015.

Introducing ‘Money Plus,’ from NDB Wealth

Tuesday, 01 December 2015 07:47

Expert financial planner NDB Wealth introduces its innovative “Money Plus” account, an attractive alternative to savings accounts, as part of its all-new wealth planning solutions range.

Meeting the ever growing demand for small to large loans, Findmyloan (Pvt) Ltd, the first of its kind in Sri Lanka recently launched an online marketplace through affiliate marketing that is unique as both customer-centric and web based for maximum efficiency and rapid response.

Startup Sri Lanka, an initiative by SLASSCOM Innovation and Entrepreneurship Forum is partnering with Infocomm Investments Pte Ltd (IIPL), the investment arm of the Infocomm Development Authority of Singapore (IDA) to support and grow Sri Lankan tech start-ups.

A capacity building programme conducted by the Commercial Bank of Ceylon recently for dairy farmers of the Kokkadicholai area in the Eastern Province benefitted 150 people involved in the industry.

As the season of good cheer approaches, the Commercial Bank of Ceylon has announced it will present 300 hampers of goodies worth Rs. 1.5 million to customers who receive remittances via the Bank till the end of 2015.

Singer Sri Lanka PLC, the largest retailer of consumer durables in the country, announced its exclusive partnership with HSBC to extend seasonal savings and 0% interest free schemes across all its product categories to HSBC credit cardholders, until 31 December 2015.