Businesscafe - The Colombo Stock Exchange (CSE) has showcased a strong growth trajectory in Capital Raising by Sri Lankan corporates of all scales during the first 7 months of 2021.
Businesscafe - Sri Lanka’s startup ecosystem has grown significantly over the past 15 years, benefitting greatly from a fast growing ICT sector, high rates of literacy, the brain gain of highly qualified ICT professionals returning home, etc.
Businesscafe - Ideal Finance Limited (IFL) has opened its 13th branch in Welimada, as part of the company’s massive expansion drive to more than double its branch network, by adding 15 new locations within the current financial year (FY 2021/22).
Businesscafe - The introduction of Delivery Versus Payment (DVP) is the most meaningful change to the Colombo Stock Exchange (CSE) trading infrastructure in several decades.
Businesscafe - Supported by Nations Trust Bank Private Banking, the virtual ‘#SupportLocalArt : The Talk Series’ is the latest initiative taken under the Bank’s partnership with Saskia Fernando Gallery.
Businesscafe - The Delivery Versus Payment (DVP) Settlement mechanism was implemented as scheduled yesterday 16th August 2021.
Businesscafe - The Gampaha Municipal Council has fully digitised its payments platform in partnership with the Commercial Bank of Ceylon.
Businesscafe - Leading Sri Lankan insurer Co-Operative Insurance, recently announced their plans to go for its first Initial Public Offering (IPO) in 2021 following a commanding financial performance for the past year.
Businesscafe - Softlogic Invest, the Asset Management arm of the Softlogic Group, recently celebrated one year of revolutionizing Sri Lanka's investment landscape with their unique and innovative approach to making Unit Trust Funds accessible to a whole new generation of aspirational young investors.
Businesscafe - Hatton National Bank (HNB PLC) continued to demonstrate resilience amidst volatile conditions, posting a Profit Before Tax (PBT) of Rs 10.9 Bn and a Profit After Tax (PAT) of Rs 9.1 Bn.
Businesscafe - Nations Trust Bank PLC launched ‘Nations RI$E’, a unique USD Fixed Deposit product, the Bank announced recently.