LOLC General Insurance PLC (LOLC GI), one of the fastest-growing General Insurance companies in Sri Lanka is disrupting the general insurance industry by making motor insurance a lifestyle product with its unique loyalty program ‘Honours’ with rich rewards, in addition to unveiling its first ever Electronic Point-of-Sale (ePOS) – the digital policy issuance network. LOLC […]
Interest rate hikes by central banks around the world could trigger a global recession in 2023, the World Bank has said.Central banks have raised rates “with a degree of synchronicity not seen over the past five decades” to tackle soaring prices, it said. Raising rates makes borrowing more expensive to try to bring down the […]
Building on the USAID Administrator Samantha Powers’s recent visit, US Ambassador to Sri Lanka Julie Chung announced recently that the United States, through USAID, would provide an additional estimated $65 million in assistance to Sri Lanka over a five-year period. The assistance falls under the Development Objectives Assistance Agreement (DOAG) signed by Gabriel Grau, Mission […]
High inflation, rising commodity prices, power shortages and a fuel crisis has had a crippling effect on the livelihoods of all Sri Lankans. As published by UNICEF, seven out of ten families in Sri Lanka are cutting down their food intake, reducing portion sizes, and eating cheaper but less nutritious food, causing a desperate need […]
Lanka Hospitals has officially unveiled ‘Maapiya’, an all-new mother and baby care brand and service range. The brand was unveiled at Lanka Hospitals in the presence of its staff and the country’s most well-known Specialists in gynaecology and obstetrics. The new initiative ‘Maapiya’ is designed to offer a wide range of value-added services exclusively for […]