A press release from the International Monetary Fund (IMF) states that the Executive Board of the IMF approved a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt in an amount of SDR 2,350.17 million (equivalent to 115.4 percent of quota or about US$3 billion). The Executive Board’s decision enables an immediate disbursement of […]
SLIC, the first Sri Lankan corporate entity to implement LankaSign, the mobile-based digital signature solution. LankaSign is the only Certification Service Provider (CSP) in Sri Lanka that issues digital certificates Taking yet another bold step in its digital transformation journey, Sri Lanka Insurance Corporation (SLIC) has signed up with LankaPay to launch the mobile device.
Secures the title of Most Loved Brand in both business categories Life & General insurance by Brand Finance for the 5th consecutive year Secures the Most Valuable General Insurance Brand in the country by Brand Finance for the 5th consecutive year Secures the Number 1 position in the General Insurance Category The […]
By Prabhath Withana Sri Lanka Customs last Wednesday arrested two suspects who attempted to smuggle 9.5 kg of Gold biscuits worth over Rs. 200 million into the country through Bandaranaike International Airport (BIA).As per the Customs, one suspect was a passenger who had arrived from Dubai via flight EK650 and a female staff member of […]
by Hiran H.Senewiratne Sri Lanka’s insurance penetration is less than two percent of the total population and there was enormous potential to grow this sector. However, motor insurance is doing well because every single vehicle owner has to obtain a vehicle insurance policy, newly appointed Chairman of Sri Lanka Insurance Corporation Ltd Ronald Perera, PC, […]