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'Sri Lanka is a country with great potential' – The Island

– 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, […]

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IFS Sri Lanka's operations seen as 'incredibly robust'; 75 % of R&D taking place in Colombo – The Island

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 […]

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ComBank Group consistent with solid topline growth in 2022, increases provisioning

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 […]

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Banks will be operating tomorrow to provide the best possible service to the public- People's Bank and Bank of Ceylon Chairmen – The Island

The Chairmen of the People’s Bank and the Bank of Ceylon both emphasized that their respective banks are ready to serve their customers tomorrow (01). They expressed their confidence that it is the responsibility of all public servants to support the government’s program to build the country’s economy, and that bank employees will do the […]

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