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Month: August 2020

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  • Maximum interest rate on credit cards reduced to 18%

Maximum interest rate on credit cards reduced to 18%

The Central Bank of Sri Lanka (CBSL) has revised the regulated interest rates for Credit Cards, Pre-arranged Temporary Overdrafts, Pawning Facilities and Penal interest rate over the regular interest rate.…

CBSL expects GDP growth to pick up pace in Q4 2020

Sri Lanka is expecting a contraction of gross domestic product (GDP) in the second quarter of 2020 and a rebound in the fourth quarter of the year, Chandranath Amarasekara, Director…

ICTA board further strengthened by leading industry tech personalities

Sri Lanka’s technological transformation is at the forefront of His Excellency President Gotabaya Rajapaksa’s vision for the country. To strengthen the execution of this digital roadmap, three strategic new appointments…

Colombo Stock Brokers Association extends well wishes to the new government and commends the appointment of a special minister

With the appointment of the new cabinet of ministers bringing about, a re-start to Sri Lanka’s economic activities, the Colombo Stock Brokers Association (CSBA) extends its wholehearted congratulations and best…

SL will halt oil palm cultivation: President

Delivering the Policy Statement of the new government at the ceremonial sitting of the Parliament today (20), President Gotabaya Rajapaksa stated that Sri Lanka will halt the cultivation of oil…

Huawei P40 Pro released in Sri Lanka with a pack of incredible features

Huawei, the innovative smartphone manufacturer recently launched the feature packed Huawei P40 Pro in Sri Lanka taking the smartphone photography a step further. This powerhouse has a refractive matte finish…

Huawei Nova 7i launched in fresh Skyline Grey color

Perfect fit coming in with exciting colorway Huawei, the innovative smartphone manufacturer, recently introduced the Skyline Grey edition of Huawei Nova 7i in Sri Lanka extending the color choices for…

Huawei Y6p offering a Visionary Photography Experience

Huawei, the innovative smartphone manufacturer, recently launched the Huawei Y6p in Sri Lanka featuring an innovative triple camera set up that revolutionizes smartphone photography, promising more stable and detailed images.…

සිංගර් වෙතින් විදුලිය ඉතිරි කරන අධිවේගී මහන මැෂින් වෙළෙඳ පොළට

දිවයිනේ පුරෝගාමී පාරිභෝගික භාණ්ඩ අලෙවි සන්නාමය මෙන්ම, ලොවට මහන මැෂින් හඳුන්වා දීමේ පුරෝගාමී නාමයද වන සිංගර්, ශ්‍රී ලංකාවේ ගෘහස්ත, සුළු හා මධ්‍ය පරිමාණ මැහුම් කර්මාන්තය නගා සිටුවීමේ අරමුණින්, විදුලිය ඉතිරි…

Velona Protect antiviral masks endowed with maximum safety and comfort

HeiQ Viroblock technology proven to be effective against SARS-CoV-2 (Covid-19)* Velona, a leading brand in the hygiene and clothing segment in Sri Lanka recently introduced the Velona Protect antiviral mask…