Business News

Kanrich Finance logo

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.

 Allianz Lanka Ideal Motors and First Choice Partner to Offer Insurance Benefits to New Vehicle Owners

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.

Huawei Nova 7i FreeBuds 4i and Watch GT2 Pro unlock more capabilities for a fully connected seamless life

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.

Standard Chartered Sri Lanka clinches ADB prestigious Trade Finance Deal of the Year 2020 Award

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.

Emirates SkyCargo transports 50000 doses of Sputnik V from Moscow to Colombo

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.

Dr.Suranga Hettipathirana

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.

MAS Holdings donates 130 Mn in support of the Little Hearts Fund a project by the Lady Ridgeway Hospital

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.

Imperial College of Business Studies presents prestigious University of the West of Scotland UWS full scholarships to two top achievers

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.

Stock market buoyant in 2021

Monday, 31 May 2021 11:11

colombostockmarket

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.

 Director Sanasa Life Insurance Mr. Puvendran Gajendra Elected to the Council of CMA Sri Lanka

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.