Business News

Viber cuts business ties with Facebook

Friday, 26 June 2020 08:50

Rakuten Viber, one of the world’s leading messaging apps for free and secure communication, announces it will cut all business ties with Facebook.

In line with the Government's development programme and with the aim of uplifting the small and medium businesses adversely affected by the COVID-19 pandemic, People's Bank has introduced a special loan scheme with an interest rate of just 6%.

Stepping up its assistance to businesses and individuals affected by the global health and economic crisis, Sampath Bank rolled out a host of special business loans and gold loans under its Revive Sri Lanka initiative at a significantly low interest rate of 9% p.a.

The highly popular Emirates A380 aircraft will begin serving travellers on flights to London Heathrow and Paris starting from 15 July.

Global leading ICT infrastructure provider Huawei has ranked No. 6 in BCG’s recent released list of the 50 Most Innovative Companies in 2020, moved up by 42 places.

SINGER, the country’s premier consumer durables retailer recently launched its new website in order to provide an optimal user experience to its customers through www.singer.lk.

Upholding its well-respected credentials as a caring mobile service provider, Mobitel continues its national duty to the nation by swiftly responding to urgent needs of citizens during the prevailing situation that the country is facing.

ComBank further slashes lending rates

Thursday, 25 June 2020 06:47

The Commercial Bank of Ceylon has announced a further lending rate cut, slashing rates by up to 2% on all categories of loans in a continuing effort to bolster businesses affected by the COVID-19 pandemic by providing affordable access to desperately-needed funds.

KK Collection launches ‘Bamboo’ at KK Beach, Habaraduwa, Galle, on July 1, 2020.

Allianz Insurance Lanka Limited (Allianz Lanka) announced a host of advancements and new appointments to its senior management team.