The Colombo Stock Exchange and the Securities and Exchange Commission have decided to withdraw the requirements applied to the stockbroker firms via the latest circulars bearing number 04-03-2021 dated 08 March 2021 due to the system limitations and practical constraints regarding the submission of
The Ceylon Chamber of Commerce had the privilege of having Professor Asita de Silva, Chairman of the National Medicines Regulatory Authority as the guest speaker at its monthly Committee Meeting recently.
According to Professor de Silva, the primary objective of
vaccination is to prevent death and to reduce severe disease. Healthcare
workers, elderly and those with other co-morbidities are the most vulnerable to
contact the illness, which is why these groups receive the highest priority for
vaccination.
According to WHO, over the last five weeks, the world has
seen a drop in the global numbers in infections and the number of people dying from
Fitch Ratings has withdrawn Seylan Bank PLC's 'A(lka)(EXP)' expected rating, assigned on 21 August 2020, for its proposed senior debenture issuance.
Fitch is withdrawing Seylan's senior debt expected rating as it is no longer expected to convert to a final rating. We do not expect Seylan's forthc
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PAYable (Pvt) Ltd., Sri Lanka’s cashless payment solution provider, announced that it has processed 15 billion rupees in transactions on its platform to date.
Commenting on the milestone, Yohan Wijesiriwardane, CEO and Co-founder of PAYable Sri Lanka said, “PAYable entering the cashless ecosystem in 2016 was a gamechanger; we disrupted the existing status, empowering MSME merchants who previously were not eligible for cashless payment terminals from banks. By empowering these merchants, we were able to change the way they manage and grow their revenue.”
The
PAYable solution is highly robust and scalable, compliant with the highest
international payment security standards and the company believes it has just
By Chilman Jain, Principal, BCG – Prateek Roongta, Managing Director and Partner, BCG – Pranay Mehrotra, Managing Director and Senior Partner, BCG
COVID-19 has
disrupted most businesses globally and the insurance industry is no exception.
Given the restrictions imposed by the pandemic, insurers have been compelled to
accelerate their digital journeys and holistically digitize their operations. In
this regard, the Insurance Association of Sri Lanka (IASL) hosted a webinar on
‘What does it mean to be a truly bionic insurance company?’ with Boston
Consulting Group (BCG) as its knowledge partner, on 23
rd February. Prateek Roongta, MD & Partner, BCG
facilitated the event and Pallavi Malani, MD & Partner, BCG delivered the