CATEGORIES

People's Bank Spearheads a Digital Revolution

As part of its comprehensive digitalization strategy, People’s Bank has introduced a range of innovative solutions focused on enhancing accessibility and convenience for customers nationwide.

HNB Partners with Micro Cars for Vehicle Offers

HNB entered a strategic partnership with Micro Cars to offer unparalleled benefits and offers to customers intending to purchase vehicles from Micro Cars.

HNB Honored at BCCSA 2023

HNB has once again been honored at Ceylon Chamber of Commerce Best Corporate Citizen Sustainability Awards 2023, solidifying their position as one of the nation’s leaders in sustainability, good governance, and corporate excellence.

People's Bank and EDB Forge Strategic Alliance to Boost Sri Lanka's Export Sector

The Sri Lanka Export Development Board (SLEDB) and People’s Bank have formed a strategic partnership by signing a Memorandum of Understanding (MOU).

People's Bank Re-Launches SPARK: Entrepreneurial Development Program to Boost Sri Lankan SMEs

People’s Bank is excited to announce the re-launch of its SPARK Entrepreneurial Development Program, aimed at bolstering young entrepreneurs and supporting the growth of small and medium enterprises (SMEs) throughout Sri Lanka.

HNB Recognized for Digital Payment Innovation at LankaPay Technnovation Awards 2024

HNB was awarded three accolades at the LankaPay Technnovation Awards 2024.

HNB Appoints Sanjay Wijemanne as its New Chief Operating Officer

Hatton National Bank has appointed Sanjay Wijemanne as the bank’s new Chief Operating Officer (COO) with effect from April 26, 2024.

Jaffna Hospital would be Upgraded as a National Hospital in the Near Future

President Ranil Wickremesinghe stated that the Jaffna Hospital would be upgraded as a national hospital in the near future to enhance and ensure excellent healthcare standards in the Northern Province.

U.S. Debt per Capita Grows 10x Faster than the Population since 2008

The high borrowing undertaken by the Federal Government in recent years has resulted in the U.S. public burden hitting $34 trillion by the end of 2023, with forecasts seeing a further jump to between $37 trillion and $38 trillion in 2024.

HNB Supports Economic Revival and Business Recovery

Hatton National Bank (HNB) recorded a Profit Before Tax (PBT) of 9.8 billion rupees during the first quarter of 2024, while Profit After Tax (PAT) amounted to 6.2 billion rupees.

People's Leasing & Finance Reports Steady Growth in FY 2023/24

People’s Leasing & Finance has demonstrated remarkable resilience and strategic foresight in its financial performance for the fiscal year 2023/24.

Strong Strategic Alignment Enables Resilient Performance for NDB in Q1 2024

National Development Bank commenced the financial year on a positive note, with resilient performance for the first quarter of the year ended March 31, 2024.

Corruption: An Unwinnable Battle?

A seemingly unknown name until April this year, the corruption case of Vietnamese property magnate Truong My Lan gripped the world’s attention.

Dilith to the Rescue?

Dilith Jayaweera, leader of the Mawbima Janatha Pakshaya, is best known for propelling Gotabaya Rajapaksa to prominence and then to power.

Dedicated to Politics

Former Southern Province Governor Willie Gamage is a political veteran.

Singapore Prime Minister Lee Hsien Loong speaks on 'The Economy'

Dawn Tan (CNA): PM, let us talk about the economy.

Breaking Barriers: Peoples Leasing & Finance PLC and Hayleys Solar Collaborate

People’s Leasing & Finance PLC (PLC) and Hayleys Solar have entered into an agreement through a Memorandum of Understanding (MoU).

NSB Continued to Prove its Resilience within an Economic Shudder

NSB demonstrated its mettle by recording a Profit after Tax (PAT) of 7.2 billion rupees for the fiscal year ended December 31, 2023.

Pan Asia Bank Posts Steady Performance in 1Q 2024

Pan Asia Banking Corporation reported a steady performance reflecting improved macro economic conditions as the Bank reported its financial performance during 1Q 2024, which showed judicious portfolio management and prudency in dealing with possible fallout on its asset quality in challenging times.

AWS Beats Azure to Top Global Cloud Computing Market Chart with a 31 percent Share

The cloud computing market attracts users worldwide, and the battle for dominance among top providers is a constant narrative.

Ban Ki-moon Appreciates Growing Close Partnership between GGGI and Sri Lanka

During a meeting between Sri Lankan Prime Minister Dinesh Gunawardena and the Chairman of the Global Green Growth Institute (GGGI), Ban Ki-moon, the former expressed his gratitude for the close partnership that exists between Sri Lanka and GGGI.

Korea Provides Support to Several Sectors

Ambassador of Republic of Korea, Miyon Lee met with Prime Minister Dinesh Gunawardena to discuss follow up actions on the decisions taken at the discussions held during the Prime Minister’s visit to Korea.

Many Benefits to a Number of Sectors in Sri Lanka as a result of PM Dinesh Gunawardena's visit to Korea

During a meeting, the Governor of Gyeongsangbuk-du Province of the People’s Republic of South Korea, Lee Cheol Woo, met with Sri Lankan Prime Minister Dinesh Gunawardena.

The Good Cashmere Standard Boosts its Sustainability Credentials with Focus on Animal Welfare and Transparency

By revising the standard’s criteria and embarking on a new collaboration with TextileGenesis, A Lectra Company, the Aid by Trade Foundation (AbTF) is boosting the credentials of The Good Cashmere Standard (GCS) as an independent seal for sustainably produced and traceable cashmere fibers from Inner Mongolia.

The Central Bank of Sri Lanka Releases its inaugural Annual Economic Review and Financial Statements and Operations of the Central Bank for the Year 2023

The inaugural publication under Section 80 of the Central Bank of Sri Lanka Act, No. 16 of 2023 (CBA),namely, the Annual Economic Review 2023, and the inaugural publication under Section 99 of the CBA, namely, Financial Statements and Operations of the Central Bank 2023, were presented to Ranil Wickremesinghe, the President and Minister of Finance, Economic Stabilization and National Policies, by Dr. P Nandalal Weerasinghe, the Governor of the Central Bank of Sri Lanka.

President Ranil Wickremesinghe at the Opening of ITC Batnadina Hotel

President Ranil Wickremesinghe expressed his dedication to fostering an economic landscape in the nation that would prevent future struggles among its citizens.

President Ranil Wickremesinghe Embarks on Observation Tour to Revitalize Tourism Industry in Scenic Nuwara Eliya

President Ranil Wickremesinghe visited the Court Lodge Estate, owned by the Udupusellawa Plantation Company in Nuwara Eliya, to explore opportunities to revive the tourism industry around the picturesque hills of Nuwara Eliya.

The Discreet Techie on the Radar

Everyone knows Mark Zuckerberg from Facebook and Elon Musk from X. But there isn’t much known about Pavel Durov, the founder and owner of messaging app Telegram. He has been an enigma, just like his creation. Of Russian birth, his first creation was a social networking site called VK, which he operated from Russia. An advocate of free speech, it was not long before the Russian authorities were at his doorstep. Leaving his country of birth, Pavel created Telegram in 2013. He remained out of the spotlight, operating from Dubai, eventually emerging from the shadows after seven years to tell his story and distance himself from the specter of his birth country.

Presidents of Iran and Sri Lanka in Significant Meeting

A meeting was held between Iranian President Dr. Ebrahim Raisi, who arrived in Sri Lanka to attend the inauguration of the Uma Oya Multipurpose Development Project, and President Ranil Wickremesinghe.

Joint Press Conference chaired by Presidents of Iran and Sri Lanka

President Ranil Wickremesinghe emphasized that Global South countries must capitalize on their strengths and collaborate effectively.