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CL Synergy Wins at National Logistics Awards by SLFFA - Adaderana Biz English

 Premier freight forwarder and logistics services provider, CL Synergy Limited, received the Bronze Award in the Freight Forwarding Sector – Large Category at the recently concluded National Logistics Awards, conducted and hosted by the Sri Lanka Logistics and Freight Forwarders Association. The National Logistics Awards (NLA) is a prestigious, national-level awards programme for the industry,. ....

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Sampath Bank simplifies cash management for businesses with Visa Business Debit Card


Sampath Bank recently announced the launch of Sri Lanka’s first Visa powered business debit card linked to a corporate account – the Sampath Bank Visa Business Debit Card – to help businesses of all sizes gain more control over their expenses.
The Bank’s business customers will now be able to move away from cash and provide separate Debit Cards to their employees for day-to-day expenditure. They can set monthly transaction limits to each individual card and link the cards to their preferred company account with Sampath Bank. The chosen account will be directly debited each time an employee makes a payment using the card. Businesses can consolidate all spending information using the detailed electronic reports it offers and simplify their payments, bookkeeping, reporting and monitoring processes. ....

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Exports dip extends | Daily FT


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11-month merchandise exports down 17% Y-o-Y to $8.98b; higher dip compared with 15% negative growth Y-o-Y in Oct.
Performance in Nov. down 21% Y-o-Y to $747.58 m but slower dip month-on-month against Oct.
EDB says lower performance in Nov. due to adverse impact of second wave of COVID-19 locally and globally
Coconut and rubber-based products, spices perform stronger than expected
Exports to top 10 export markets down Y-o-Y in Nov. but shipments to CIS region up
By Charumini de Silva
Decline in exports has intensified as per latest monthly data, reinforcing global and local challenges faced by the sector due to COVID-19 pandemic.
The Export Development Board (EDB) yesterday announced that merchandise exports in November amounted to $747.58 million, down 21% from a year earlier (Y-o-Y), whilst in October the Y-o-Y dip was 15%. ....

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