May 2020 - Page 6 of 18 - Lanka Business News

May 22, 2020

As the whole country battles to limit the adverse impact of Covid – 19, Daraz has expanded its Daraz Cares portal to help some of the most vulnerable of groups at present. Collaborating with UNICEF, Sri Lanka Red Cross Society, Heal Lanka and Leads Sri Lanka, Daraz Cares allows users to donate to a variety […]

May 22, 2020

Commences operations at Head office, Flagship project Prime Grand – Ward Place and all other Construction Sites 21 May, 2020: Property magnet Prime Group makes history as the first institution in the Sri Lankan real estate industry to receive a prestigious issuer rating of [A-] Stable from ICRA Lanka, a group company of Moody’s […]

May 22, 2020

Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents. Through its wider reach, Emirates SkyCargo is able to transport essential commodities and other urgently needed cargo more rapidly across the world, allowing exporters and importers across markets to benefit from direct access to widebody cargo capacity. Some […]

May 22, 2020

With the need for a one-stop connectivity and collaborative technology becoming increasingly mainstream, Microsoft today announced a strategic partnership with AI Academy to empower students and business professionals to digitalize, innovate and transform in the domain of Artificial Intelligence (AI). Located at the Colombo Innovation Tower, AI Academy is an incubator for students and business […]

May 22, 2020

Huawei Malaysia introduced the Huawei ASEAN Academy, a dedicated training module set to empower digital talent in the region. In its commitment, Huawei aims to nurture 50,000 talents over the next five years, spread across various businesses and technology sectors. The academy will provide more than 3,000 ICT courses involving 100 skilled trainers to nurture […]

May 21, 2020

Announces across-the-board reduction of rates encompassing all categories of loans, leases, pawning and OD facilities The Commercial Bank of Ceylon has announced a reduction of lending rates across the board in response to the present needs of individual and corporate borrowers and in line with the downward trend of interest rates in Sri Lanka. Effective […]

May 21, 2020

Global Reporting Initiative (GRI) in collaboration with Colombo Stock Exchange (CSE) conducted the third and final workshop of the Technical Series titled “Practical Tips for preparing your next report: Bringing it all together” on 20th May in Sri Lanka. This workshop focused on practical tips that can be adopted by the organizations to prepare their […]

May 20, 2020

HNB Finance Limited will commence trading on the Colombo Stock Exchange (CSE) tomorrow (20th May) after an Initial public offering (IPO) and an introduction by the company. Ordinary voting shares of the company have been listed via an offer for sale through which 10,000,000 shares were issued at Rs. 5.70 per share, while 298,200,000 ordinary […]

May 20, 2020

Amãna Bank achieved a commendable Q1 performance in 2020, which saw its customer deposits grow by Rs 5.4 billion or by 8% to close the quarter at Rs 77.0 billion. As a result of conscious strengthening of credit risk parameters in the backdrop of challenging market conditions, advances grew only by 1% to close at […]

May 20, 2020

Not too long ago, the redness of blood was the easy and most frequently alluded to commonality by good hearted people decrying violence and destruction based on color, race, ethnicity, religious preference and creed. It still is, but there’s another ‘commoner’ fast catching up; The facemask. You can thank Covid-19 for that. In the early […]

Daraz opens donation portals through Daraz Cares – Partners with UNICEF, Sri Lanka Red Cross, Heal Lanka and Leads Sri Lanka

Prime Group Sets Benchmark For Real Estate Industry with Credit Rating of A- Stable

Emirates SkyCargo’s global network grows to 75 destinations

Microsoft partners with Sri Lanka’s first Education Institute dedicated to the field of applied AI, AI Academy

Huawei Launches ASEAN Academy to Empower Digital Talent and Nurture Digital Ecosystem

ComBank reduces lending rates in quick response to COVID-19 crisis

CSE and GRI host final workshop of the series ‘Preparing a Sustainability Report’ as an online event

HNB Finance commences trading as the latest listing at CSE

Amãna Bank continues profit momentum in Q1. Records strong growth in deposits

Finally, a mask that unmasks all masks