Sampath BankPLC recently announced that it has improved its position in the Business Today Top 30 for the year 2019-2020, reaffirming its status as one of Sri Lanka’s best performing companies. The …
Finance companies lose COVID-19-driven deposit boom to banks
Despite the massive customer deposit pile-up at banks, thanks to COVID-19 restrictions, Sri Lanka’s licensed finance companies have failed to have a piece of the pie or at least to cling on to their …
ADB, Sri Lanka sign loan agreement to support SMEs affected by COVID-19
(Xinhua) — The Asian Development Bank (ADB) and the Sri Lankan government signed a 165 million U.S. dollars loan agreement Wednesday to provide immediate financing support for small and medium-sized …
ADB, Sri Lanka sign loan agreement to support SMEs affected by COVID-19
(Xinhua) — The Asian Development Bank (ADB) and the Sri Lankan government signed a 165 million U.S. dollars loan agreement Wednesday to provide immediate financing support for small and medium-sized …
Sri Lanka- First DoubleTree by Hilton Resort opens in Weerawila
Hilton announced the opening of DoubleTree by Hilton Weerawila Rajawarna Resort, a new three-story, 78-room modern resort in Weerawila, Sri Lanka.
Located amongst …
Can LPL help once-dynamic Sri Lanka regain T20 mojo?
It seems almost ludicrous now, but between 2009 and 2014 no T20 team was more dynamic than Sri Lanka. Their win/loss record during those five years (34 wins, 19 losses) was comfortably the best in the …
Hungry elephants look for food in Sri Lanka landfill
World Hungry elephants look for food in Sri Lanka landfill. Posted . Sri Lanka’s government is digging a moat around one of its landfill sites to keep out elephant herds and reduc …
ADB allocates US$ 220 mn funding for healthcare projects in Sri Lanka
The Asian Development Bank (ADB) has allocated US$ 220 million worth of funds to build Sri Lanka’s health system capacity and resilience under the recently unveiled country operations business plan …
Obama’s book notes UN failure in Sri Lanka
Former US President Barack Obama has referred to Sri Lanka in his just released book which has already sold millions of copies. The reference on Sri Lanka, though very short, is likely to stir …
People’s Merchant Finance lays strong foundation for future
People’s Merchant Finance PLC (PMF) has been navigating the challenges of Sri Lanka’s banking, finance, and leasing industries for the past 35 years. Increasing challenges due to operating environment …