The cumulative market capitalization of automotive companies has fallen by US$564bn in the first quarter (Q1) of 2020 as the COVID-19 crisis battered the share prices across the sector, says GlobalData, a leading data and analytics company.
Singer Finance (Lanka) PLC received a strong vote of confidence from investors with its recent Listed, Rated, Unsecured, Senior, Redeemable three year and five year, Rs. 1 billion debenture issue being oversubscribed.
Mastercard has announced the appointment of Rajesh Mani as the new Country Manager for Sri Lanka & Maldives.
Sampath Bank continued to demonstrate its commitment to offer the best possible service to its customers across the Country by maintaining all essential banking services without interruption amidst curfew restrictions imposed during the COVID-19 lockdown.
People’s Bank has launched the Aswenna loan scheme, a unique product that is in line with the Government’s development programme to create a self-sufficient nation.
The Commercial Bank of Ceylon, Sri Lanka’s largest payment card issuer, has announced a new partnership with Visa, the global payments technology leader, to launch CyberSource, a global payments management platform that will further expand the array of payment services available to any merchant looking for digital payment solutions.
Understanding the unprecedented challenges the country faces from COVID-19 and the impact on all citizens, Nations Trust Bank has launched a Special Deposit Account (SDA), in support of the national effort in managing this crisis.
Sarvodaya Development Finance (SDF), a licensed Finance Company approved by the Central Bank of Sri Lanka, has come forward to assist in the battle against the COVID-19 pandemic.
The Emirates Group today announced its 32nd consecutive year of profit, against a drop in revenue mainly attributed to reduced operations during the planned DXB runway closure in the first quarter, and the impact of flight and travel restrictions due to the COVID-19 pandemic in the fourth quarter.
CIPM – the Nation’s leader in human resource management joined a global roundtable of HR leaders gathered to discuss and seek consensus on necessary next steps to ensure workplaces recover from the Covid-19 pandemic and set the course for a healthy and thriving workforce.
In view of the decision made by the Government that both public and private sector entities in the districts of Colombo, Gampaha, Kalutara and Puttalam should re-commence work from 11th May 2020, Trading on the Colombo Stock Exchange (CSE) will resume on Monday, 11th May 2020.
