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New insights into Lanka Cauvery and Mannar Basins from FTG and Aeromagnetic Data to be presented at SEAPEX 2022

Bell Geospace, the world leaders in gravity gradiometry, has conducted the first aerial mapping of petroleum resources in Sri Lanka in Q4 of 2021, and will be presenting these insights – together with Wintermoon Geophysics- at the prestigious SEAPEX (South East Asia Petroleum Exploration Society) Asia Pacific Conference in London on Thursday June 30, a […]

Decision to float rupee was not unilateral – Cabraal

The decision to allow the Sri Lankan rupee to be flexible from 07 March, 2022, onwards, had been taken by the Monetary Board of the Central Bank, based on a Monetary Board Paper of the same date submitted by all three Deputy Governors, Director – Economic Research Department and Director – International Operations Department, said […]

FriMi rewards user with Samsung Galaxy Watch4 devices

FriMi, the fully-fledged digital banking experience powered by Nations Trust Bank, teamed up with its strategic partner Samsung to reward their loyal users through an exclusive promotion. The exciting giveaway of 2 Samsung Galaxy Watch4 devices was recently awarded to a lucky FriMian, Kanagarathnam Sanjeevan to enjoy with his loved one. The competition was open […]

Apparel industry addresses impact of crisis on their workers

Industry body, JAAF encourages manufacturers to adopt special welfare schemes Cost of living allowances for employees effected by companies Dry rations and meals provided to employees and their families In an effort to reduce the burden of the ongoing economic crisis and help workers cope with the rising cost of living, apparel manufacturers have taken […]

Rupee liquidity in banks different from normal : Central Bank – The Island

By Sanath Nanayakkare With the spike in policy interest rates, rupee liquidity in the banks is different from what is normal, Yvette Fernando, deputy governor of the Central Bank said at a webinar hosted by the Centre for Banking Studies of the Central Bank. “According to the reports we have received, the current rupee liquidity […]

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