Sterling Steels Partners with University of Moratuwa to Propel Industry-Led Research and Innovation
Sterling Steels Limited has entered into a strategic collaboration with the University of Moratuwa’s Department of Civil Engineering by signing…
Author: Sienna De Silva
Sri Lankan Rupee Strengthens as Bond Yields Decline
Sri Lanka’s rupee was quoted at 309.30/40 to the US dollar in the spot market on Friday, showing a slight…
Sampath Bank Revolutionizes Corporate and SME Banking in Sri Lanka with Intellect’s eMACH.ai Platform
Intellect Design Arena Ltd., a global leader in enterprise-grade financial technology, has announced a strategic partnership with Sampath Bank PLC.…
NDB Bank and Visa Pioneer Card Present Connect to Revolutionize POS Acceptance in Sri Lanka’s South Asia Market
National Development Bank PLC (NDB Bank), in partnership with Visa, a global leader in digital payments, has introduced Card Present…
Amazon’s Capital Spending Surges by 50%, Shares Experience Downturn
Reuters – On Thursday, Amazon announced a projected increase of over 50% in capital expenditures for this year, aligning with…
Sri Lanka’s Central Bank Executes Over $1.1 Billion in Unsterilized Forex Sales to Address Debt Repayment
FINANCIAL CHRONICLE – Recent data from Sri Lanka’s central bank reveals that it has sold 356.1 billion rupees (approximately 1.1…
Commercial Bank of Sri Lanka and GAIA Greenenergy Join Forces to Launch Green Loans and Leases Initiative
Sri Lanka’s Commercial Bank and GAIA Greenenergy Holdings are collaborating to provide green loans and leases, enabling customers to purchase…
Sri Lanka Rupee Steady as Bond Yields Decline
The Sri Lankan rupee maintained its position against the US dollar, closing at 309.45/50 in the spot market on Thursday,…
CSE’s Intense Trading Activity Elevates Turnover to Rs. 11.11 Billion
Trading activity at the Colombo Stock Exchange (CSE) was notably vigorous from the market’s opening today, showcasing strong momentum throughout…
“La Bamba: Veracruz Anthem Aims to Elevate Sri Lanka as an Entertainment Hub, Say Organizers”
FINANCIAL CHRONICLE – In a bid to establish Colombo as a prominent entertainment hub in South Asia, Sri Lanka’s Cinnamon…