CB’s notice to public and money changers
The public is hereby notified that in terms of the provisions of the Foreign Exchange Act, No. 12 of 2017, Money Changers have been prohibited from offering higher exchange rates to customers beyond the exchange rates offered to such Money…
CBSL issues new directive to private Banks
The Central Bank of Sri Lanka (CBSL) has issued a circular on amendments to the Operating Instructions on “Incentive Scheme on Inward Worker Remittances” and “Repatriation of Export Proceeds into Sri Lanka”. As per the circular, the CBSL has instructed…
Sri Lanka Army deployed to oversee fuel distribution
Sri Lanka Army personnel have been deployed at CEYPETCO fuel stations across the country to oversee systematic distribution of fuel, sources said. The decision has been taken considering the long queues found at fuel stations across the country and rise…
Laugfs gas prices increased
Laugfs has decided to increase the prices of its gas cylinders, sources said. The price of 12.5kg domestic gas cylinder has been increased by Rs. 1,359 to reach a record high of Rs. 4,199. The price of 5kg gas cylinder…
තිරසාර සංවර්ධනය වෙනුවෙන් එලායන්ස් ෆිනෑන්ස් සමාගමේ නොපසුබට කැපවීම 2021 කාල්ෂූ තිරසාර මූල්‍ය සම්මාන උලෙලේ උසස්ම සම්මානයෙන් පිදුම් ලබයි…
ශ්‍රී ලාංකේය ජාතිය සවිබල ගැන්වීම වෙනුවෙන් අංගසම්පූර්ණ, තිරසාර මූල්‍ය විසඳුම් නිර්මාණය කිරීම හා පිරිනැමීම පිළිබඳව වසර 65කට අධික කාලයක් පුරා විශේෂඥභාවයකින් යුතුව කටයුතු කරන මෙරට පැරණිත ම මූල්‍ය සමාගම වන එලායන්ස් ෆිනෑන්ස් (Alliance Finance Co. PLc) තිරසාරභාවය පිළිබඳ තවත් ජාත්‍යන්තර…
HUTCH completes successful implementation of advanced Oracle Cloud ERP system in the middle of a pandemic
HUTCH, Sri Lanka’s fastest-growing mobile broadband operator accomplished yet another major milestone in its rapid transformation journey, successfully implementing the latest Oracle Fusion Cloud Enterprise Resource Planning (ERP) system in the middle of the COVID pandemic. Most legacy ERP systems…
Alliance Finance Company PLC secures USD 10 Mn Netherlands’ FMO in long term financing
Sri Lanka’s oldest finance company, Alliance Finance Company PLC (AFC), has received the second tranche of USD 5 Mn from the Dutch Entrepreneurial Development Bank (FMO) as part of a long-term financing facility of USD 10M to expand its growing…
Amana Takaful Insurance bags two Awards at SLIBFI 2021
Amana Takaful Insurance bagged the Gold Award for ‘Takaful Entity of the Year’ and the Silver Award for the ‘Entity of the Year’ at the recently concluded SLIBFI Awards 2021 where the awards were adjudged by KPMG. The awards symbolize…
LB Finance tops in K Seeds Investments 1Q rankings
K Seeds Investments has identified LB Finance PLC as the best performing finance company under the first category among the 29 listed finance companies in Sri Lanka through a ranking carried out based on their financial performance for the first…
‘Money Matters’ – Lions Club of Colombo (Host) to conduct a webinar series on Financial Inclusion and Literacy Capacity Development
With the intention of providing a glimpse on becoming successful entrepreneurs and self-sufficient individuals, the Lions Club of Colombo (Host) District 306A1 will be conducting a series of webinars on the topic ‘Financial Literacy and Capacity Development’ starting from July…