The mission officials made a comprehensive presentation on trade, investment and tourism opportunities available in Sri Lanka Business opportunities in legal, film and investment sectors explored Sri Lanka Deputy High Commission in Chennai recently organised a business interaction session with industry professionals who operate in legal, film and investment sectors in South India. The […]
by Hiran H.Senewiratne Trading activities of the Colombo Stock Exchange (CSE) were bullish yesterday where JKH, Browns Investments and Expolanka contributed more than 70 percent or 60 points to the All Share Price Index (ASPI), stock market analysts said. Both indices moved up; ASPI by 84.1 points and S and P SL20 by 31.5 points. […]
Accordingly, as the regulator for Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) in the country, the FIU imposed penalties amounting to Rs. 2.3 million in total for the period from 01.06.2020 to 31.12.2020 to enforce compliance on Financial Institutions. The Monetary Board of the Central Bank of Sri Lanka decided to publish the […]
Leading infrastructure and property developer, Iconic Developments, announces the completion of the main structure of its latest high-end modern self-contained luxury living space, the Iconic Galaxy, situated in Rajagiriya’s upscale locality. Internationally minded and locally inspired, the apartment complex is constructed and designed to the ‘pulse’ and ‘texture’ of Rajagiriya, imbibing the culture and the […]
• Extends moratoriums on 81,387 loans with a total capital outstanding of Rs 443 billion during first and second waves
“We began the year on a celebratory note, with an ambitious portfolio of community initiatives to commemorate our 100-year history, but it soon became evident that we would have to play a far more urgent and vital role to underwrite the survival of people and businesses impacted by the effects of the pandemic,” Commercial Bank Managing Director S. Renganathan said in a press statement issued yesterday.
“We are proud to end the year as the leading provider of COVID-19 linked concessionary loans among the private banks, and the process continues,” he said.