The Sri Lanka security providers Association of [ SLASSPA ] has hailed the move by the Government whereby the salary/wage increase for all private sector employees will result in the basic salary of the security guards being raised by Rs 2,500 per month, to be dispersed in two installments; namely Rs 1,500 being effective immediately and Rs 1,000 from 1st January 2016.
The Commercial Bank of Ceylon opened its representative office in Yangon on Monday, 8th June, formally launching its operations in Myanmar, initially to offer Advisory Services to Sri Lankan and Bangladeshi businesses wishing to enter that country, and to arrange Banking and Advisory facilities, funds transfer and encashment services.
Commercial Bank of Ceylon PLC opened trading on the Colombo Stock Exchange (CSE) on June 4, 2015.
Commercial Bank of Ceylon PLC opened trading on the Colombo Stock Exchange (CSE) on June 1, 2015.
The Commercial Bank of Ceylon has been adjudged the ‘Best Bank’ in Sri Lanka in 2015 by Hong Kong based ‘FinanceAsia,’ one of the most eminent financial publications in the region.
Softlogic Capital PLC which is the financial services holding company of the Softlogic Group, reported Profit after Tax for the Sector of Rs 782 Million for the financial year ended March 2015.
The Colombo Stock Exchange (CSE) has witnessed a number of stocks appreciate in price during the first few months of this year, with nearly 87 stocks showing an increase in price of over 5% ; of which nearly 28 stocks have shown a price appreciation of 25%.
Softlogic Finance PLC, one of the largest finance companies in Sri Lanka, opened its newest branch in Hatton on 27th May 2015, expanding the company’s branch network to 32 locations, including 21 branches and 11 standalone gold loan centres.
One of the biggest challenges faced in Sri Lanka’s economy has been reduced to a simple tagline: jobs without people and people without jobs.
Integrated infrastructure and engineering solutions provider MTD Walkers PLC announced its sixth consecutive year of 39.1% compound annual revenue growth, ending the year posting a 91.0% growth in profit after tax.
A special Savings Account designed to support micro entrepreneurs and promote financial inclusivity to this segment has been launched by the Commercial Bank of Ceylon, Sri Lanka’s largest private bank.
