Dear Kay: a bunch of banks failed last week. I just bought a new home in 2022 at a high interest rate and mortgage. Are we in a recession? Is my family screwed?
– Korean Deputy Foreign Minister Lee Sang-Hwa The ambassador and Deputy Minister of Public Diplomacy of the Republic of Korea Lee Sang-hwa paid an official visit to Sri Lanka from February 20 to the 22nd. Other officials of the delegation included Expert Economist Dr. Song Kyungjin, Director for the Regional Strategy Division Lee Jung ho, […]
By Hiran H.Senewiratne Seventy five per cent of the Research and Development (R&D) work of the global cloud enterprise software company, IFS, is being done in Colombo and its Sri Lanka operations are incredibly robust, IFS Chief Executive Officer Darren Roos said. “Over the past five years, our employee base in Sri Lanka has almost […]
The Commercial Bank of Ceylon Group has ended 2022 with a solid operational performance, having navigated the perfect storm with a series of forward-looking strategies that included making the highest-ever impairment provision in a year in the history of the institution. In a period of unprecedented macroeconomic variables, the Group comprising of Sri Lanka’s biggest […]