The Covid-19 financial crisis led to a crash in SL Sovereign Bond prices from $100 to an all-time low of $48.15 in May as investors ran to the safety of US treasuries exiting Asian bonds.
Sri Lanka’s leading private sector bank HNB PLC, partnered with Brown & Company PLC to offer affordable leasing packages inclusive of attractive benefits for agricultural vehicles in the SME sector.
WSO2, a software company that began in Sri Lanka in 2005, marks 15 years of business operations in August.
The Board of Directors of the Colombo Stock Exchange (CSE) congratulates the new Government led by His Excellency President Gotabaya Rajapakse and Prime Minister Mahinda Rajapakse on receiving a convincing mandate at the recently concluded General Election.
The Angel Fund, an initiative of the Lankan Angel Network (LAN), established with the support of ecosystem development partner Ford Foundation, has begun accepting applications from early-stage startups in Sri Lanka with regional and global growth potential that is not limited to the tech industry.
Uber today became the first ridesharing company in Sri Lanka to launch an on demand 24x7 ‘Tuk Rentals’ service which will allow riders to book their favourite mode of transport, a tuk and its driver for several hours with the liberty to make multiple stops along a journey, just as they would with their own personal vehicle.
House of Fashions, a fashion retail landmark in Sri Lanka, has taken its offering online and has appointed the Commercial Bank of Ceylon as its Internet Payment Gateway (IPG) service provider to facilitate this development.
JAT Holdings, the pioneer in the wood coatings industry with explicit brand recognition for bringing space into life, recently concluded an extremely successful initiative which greatly reduced the financial burden of painters who had to work in the midst of the COVID-19 pandemic.
Emirates Skywards, the award-winning loyalty programme of Emirates and flydubai, has introduced a thousand new ways to earn Miles while shopping online with popular UK and US brands.
Ceylinco Life has reported gross income of Rs 17.1 billion for the first half of 2020, an improvement of 14.9 per cent over the corresponding period of last year, demonstrating the Company’s ability to grow volumes even in challenging conditions through a focus on its core business and on astute investment management.
