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Vision Care Expands Branch Network with New Wennappuwa City branch
Vision Care opened its newest branch in Wennappuwa, further expanding its network of accessible, top-quality vision care services across the country.
HNB Wins' Sri Lanka's Best Bank' and 'Sri Lanka's Best Bank for SMEs'
HNB was honored with the titles of 'Sri Lanka's Best Bank' and 'Sri Lanka's Best Bank for SMEs at the Euromoney Awards for Excellence 2024.
People's Bank 'People's Pay' App Now Offers Easy Access to CRIB 'My Report'
In the current fast-paced environment, the ability to promptly access vital information can greatly expedite financial transactions.
HNB Partners with John Keells CG Auto
HNB has strategically partnered with John Keells CG Auto (JKCG Auto) to offer innovative leasing solutions for their BYD vehicle range.
Pathfinder Foundation Presents Sinhala Translation of 'The India Way' to Dr. S. Jaishankar, External Affairs Minister of India
The Pathfinder Foundation presented the Sinhala translation of Dr. S. Jaishankar's seminal work, The India Way: Strategies for an Uncertain World, (ඉන්දීය. මාවත අවිනිශ්චිත ලෝකයක උපාය මාර්ග) to the visiting Indian External Affairs Minister during a ceremony in Colombo.
SLT-MOBITEL Nebula Institute of Technology recognized on Campus Chapter as the tenth IET
SLT-MOBITEL Institute Nebula of Technology, the education arm of SLTMOBITEL, has achieved a significant milestone by being recognized as the tenth IET on Campus Chapter.
People's Bank Relaunches Multiple Enhanced Services for Migrant Workers
People's Bank Celebrated World Children's Day by relaunching 'Ethera Udana Minors' Foreign Currency Account with new features.
EU Delegation Commits to Strengthen Sri Lanka-EU Relations, Extends Presidential Greetings from Key European Leaders
President Anura Kumara Dissanayake met with the European Union (EU) Delegation, led by EU Ambassador Carmen Moreno.
ADB Delegation Meets President Dissanayake, Pledges Continued Support for Sri Lanka's Economic Development
The Country Director of the Asian Development Bank (ADB) Resident Mission in Sri Lanka, Takafumi Kadono, along with a delegation, met with President Anura Kumara Dissanayake.
Sri Lanka Secures USD 200 Million from World Bank's IDA for Second Phase of RESET Program
The International Development Association (IDA) of the World Bank Group (WBG) has approved a USD 200 million financing package to support the second phase of Sri Lanka’s Resilience, Stability, and Economic Turnaround (RESET) Development Policy Financing (DPF) program.
Rising for Change
Hasith Gunasekara is the youngest candidate from the Samagi Jana Balawegaya (SJB).
Dialog Enterprise: Driving Digital Transformation in Sri Lanka
Dialog Enterprise, the business arm of Dialog Axiata Group, is a premier ICT Business Solutions Provider in Sri Lanka, leading the charge in digital transformation. In a recent conversation with Business Today, Navin Pieris, Group Chief Of F\cer at Dialog Enterprise, outlined the company's commitment to empowering businesses through innovative, tailor-made solutions. Focusing on organizations of all sizes, Dialog Enterprise offers a broad spectrum of services backed by a team of experts dedicated to customer success.
Your Dream Home Awaits with Pan Asia Bank
Pan Asia Bank is transforming the path to homeownership by offering customers more than just a loan - we deliver innovative, tailored solutions that make securing a home easier than ever.
People's Bank Receives ISO/IEC 27001:2022 Certification
People's Bank has become the first Domestic Systemically Important Bank (D-SIB) and state-owned bank in Sri Lanka to achieve the ISO/IEC 27001:2022 certification for its Information Security Management System (ISMS).
BUSINESS TODAY TOP 40 2023 - 2024
The Business Today TOP 40 for 2023/24 honors the exceptional resilience, innovation, and leadership of Sri Lanka's top-performing corporates.
NDB Posts Strong Profitability in the first half of 2024
National Development Bank continued to demonstrate strategic agility and resilience despite less-than-conducive operating conditions, as was reflected in its financial performance for the six months ended June 30, 2024. The Bank posted a pre-tax profit of 6.5 billion rupees for the period under review, an impressive growth of 58 percent, predominantly driven by healthy net interest income.
BOC Concluded 22.4 billion PBT in First Half of 2024
In the first half of 2024, Bank of Ceylon navigated the challenging landscape of the Sri Lankan economy with strategic foresight. Despite heightened competition and global economic uncertainties, BOC delivered a Profit Before Tax (PBT) of 22.4 billion rupees, a growth of 114 percent. This performance underscores the Bank's resilience and adaptability in an environment marked by fluctuating market conditions and challenges.
Celebrating 24 Years of Empire Teas: A Journey of Dedication and Excellence
Empire Teas celebrates its 24th anniversary with a remarkable journey that showcases the Company's shared vision, hard work, and unwavering dedication.
Tokyo Cement Group is off to an Optimistic start in the Financial Year 24/25
Tokyo Cement Group (Tokyo Cement) reported a turnover of 11,665 million rupees and a Profit After Tax (PAT) of 707 million rupees for the first quarter ended June 30, 2024.
The Current State and Future Prospects of Cryptocurrency
Cryptocurrency, a digital or virtual currency secured by cryptography, has rapidly evolved from a niche interest into a significant global financial instrument. With the emergence of thousands of different cryptocurrencies, the market has expanded and diversified, drawing attention from investors, governments, and technologists alike. As we stand at a pivotal moment in the development of cryptocurrency, this article explores the current state of the market, regulatory landscapes, technological advancements, and the challenges and future prospects that could shape the future of this dynamic industry.
SLT-MOBITEL reports Moderate Revenue Growth in the First Half of 2024
The company remains focused on leveraging its strategic initiatives to drive future growth and sustainability. With ongoing efforts to enhance operational efficiency and cost management, SLT-MOBITEL is well-positioned to navigate the evolving market landscape and deliver long-term value to its stakeholders.
DFCC Bank's Strong Financial Performance
DFCC Bank reported a Profit Before Tax (PBT) of 7,237 million rupees and a Profit After Tax (PAT) of 4,654 million rupees for June 30, 2024. The Group recorded a PBT of 8,342 million rupees and PAT of 5,739 million rupees for June 30, 2024 compared to 5,867 million rupees and 3,923 million rupees.
The National Savings Bank recorded a Profit before Tax 15 billion for the First Six Months of 2024
National Savings Bank had already surpassed the previous year's profit after Tax (PAT) by the second quarter of this year. The Bank registered a PBT of 15 billion for the six months of 2024, whereas the PAT for 2023 was 7.21 billion rupees.
Pan Asia Bank posts Steady Performance
Pan Asia Banking Corporation reported a steady performance reflecting improved macroeconomic conditions as the Bank reported its financial performance during the first half of 2024.
The Sinaloa Cartel: Rise, Fall, and the Enduring Influence of Mexico's Most Notorious Criminal Enterprise
In the annals of modern crime, few organizations have garnered as much infamy and fear as the Sinaloa Cartel. Founded in the mountainous regions of Sinaloa, Mexico, this cartel grew from humble beginnings to become one of the most powerful and violent drug trafficking organizations in the world. Its influence extends far beyond Mexico, affecting drug markets across the globe, from the United States to Europe, Asia, and even Africa. At the heart of this sprawling empire were two of the most elusive and feared men in the world: Joaquín \"El Chapo\" Guzmán and Ismael \"El Mayo\" Zambada. This comprehensive story charts the rise of the Sinaloa Cartel, the dramatic captures of its leaders, and the ongoing struggle for power within its ranks.
Google Search for 'buy gold' spikes 64 percent amid recession fears
Gold has been a particularly interesting asset since the start of 2024, thanks to its strong rally to a new all-time high and forecasts predicting it could rise to and beyond USD 3,000. However, interest in the commodity reached another level at the beginning of August.
Podi Hamuduruwo: Born to Lead
The name Podi Hamuduruwo evokes a sense of fondness towards its bearer, and it was rightly so with Venerable Galboda Gnanissara, the former chief incumbent of the Gangaramaya Temple in Hunupitiya Colombo, who passed away in August.
Conversations Across the Stratosphere
The setting was Mar-a-Lago, Florida - a luxurious estate glowing under the soft light of a warm evening. Inside, the grand ballroom hummed with the chatter of America's elite, gathered for an exclusive event \"X\", Aug 13, 2024. Among them were two men whose names were synonymous with power and influence: Elon Musk, the tech visionary behind Tesla and SpaceX, and Donald Trump, the 45th President of the United States and a business magnate.
DFCC Bank Marks Environment and Oceans Day with Dual Projects for Ecosystem Conservation
DFCC Bank marked World Environment Day and World Oceans Day with a Mangrove Restoration Project at Waikkal and a Reforestation Project at Riverston in the Knuckles Mountain range. DFCC aims to be 'The Bank for Green Finance'' by 2030 and were the first in Sri Lanka to receive Green Climate Fund accreditation.
NSB Felicitates Top Students of the Scholarship Exam with Hapan Scholarships
The National Savings Bank (NSB) felicitated the students who achieved the best marks in the island, in grade five Scholarship Examination 2023, with Hapan Scholarship Awards.