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 - Allianz Insurance Lanka Limited (Allianz Lanka) joined hands with Ideal Motors and its subsidiary Ideal First Choice to facilitate free motor vehicle insurance for its vehicles in selected classes and vehicle damage repairs at Ideal First Choice and Ideal Motor Body & Paint Workshops Island-wide.
Businesscafe - Huawei has been focusing on connectivity across various smart devices in which, the global smartphone brand thought as a way of enhancing productivity and efficiency during everyday lives.
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 - As Sri Lanka began expanding its COVID-19 vaccination programme beyond the Western Province, Emirates SkyCargo supported the process by transporting a consignment of Sputnik V vaccines from Russia to Colombo.
Businesscafe - In Sri Lanka, menstruation has more often than not been a topic spoken in hushed tones, behind closed doors and continues to be one of our culture's greatest stigmas, despite being home to a female population of 52%, 5.7 Million of whom menstruate.
Businesscafe - MAS Holdings and its associates, honoured their pledge to support the ‘Little Hearts’ project of the Lady Ridgeway Hospital, one of the largest children’s hospitals in the world, by raising funds to upgrade its infrastructure in cardiac care, towards their ongoing national healthcare efforts.
Businesscafe - Imperial College of Business Studies (ICBS), one of the fastest growing education providers in Sri Lanka, has offered University of the West of Scotland (UWS) full scholarships to two high-achieving Advanced Level (A/L) students to pursue the BA (Hons) International Business & Finance degree programme.
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 - Puvendran Gajendra, a Director of Sanasa Life Insurance, has been elected to the council of the Institute of Certified Management Accountants of Sri Lanka.