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Business News

Oil rises as IEA in US hikes 2022 demand growth forecast

Oil prices rose by over 1% on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring gas prices drive some consumers to switch to…

by Staff Writer
August 12, 2022
Business News/Local News

Want an easy method to test blood sugar? See what Egyptian students invented

…

by Staff Writer
August 9, 2022
Business News

China’s Xi Jinping offers Sri Lanka’s new President Ranil support amid crisis

BEIJING: Chinese President Xi Jinping offered Sri Lanka’s new president his support on Friday (Jul 22), state broadcaster CCTV reported, as the Indian Ocean island grapples with its worst economic crisis in decades. Ranil…

by Staff Writer
July 22, 2022
Business News

ComBank Bags Award for Best Bank for Small & Medium Enterprise Banking

Adjudged Best Bank for SME Banking & Best Bank for Environmental, Social and Governance (ESG) The Commercial Bank of Ceylon has won two coveted international awards – ‘Best Bank for Small and…

by Staff Writer
July 19, 2022
Business News

ComBank Launches Foreign Currency Savings Accounts for Children

A timely opportunity to save for children in foreign currency has been unveiled by the Commercial Bank of Ceylon with the launch of the ‘Arunalu’ Foreign Currency Minor’s Savings Account. Savings can…

by Staff Writer
July 18, 2022
Business News

Legal Framework Ready to Enable Bank Accounts in Colombo Port City

Legal framework for investors to operate bank accounts within the Colombo Port City have been made ready. Accordingly Gazette No 2282/59 on June 3 and relevant directives by the Department for Foreign…

by Staff Writer
July 18, 2022
Business News/Uncategorized

Central Bank Governor’s Response to the JP Morgan Statement

…

by Staff Writer
May 20, 2022
Business News/Uncategorized

NTB Operating Income Grows 32%, Records Steady Performance in Turbulent Environment

Tier I Capital and Total Capital Adequacy ratios as at 31st March 2022 above regulatory levels at 11.8% and 14.1%, respectively. 32% growth in Operating Income in comparison to Q1 2021 4% growth…

by Staff Writer
May 20, 2022
Business News/Uncategorized

HNB Crosses Rs 1.5 Trillion in Assets, Demonstrate Resilience Under Stressed Conditions

Assets cross Rs 1.5 Trillion and Advances cross Rs 1 Trillion in 1Q 2022 Capital strong at 15.59% Liquidity high with LAR at 30% and LCR at 194% Net Stage III loans…

by Staff Writer
May 20, 2022
Business News/Uncategorized

ComBank Customers can now Pay Sri Lanka Standards Institution via ComBank Digital. Here is how👇

The Commercial Bank of Ceylon has become the first bank in Sri Lanka to enable online payments to the Sri Lanka Standards Institution (SLSI)by linking the institution to‘ComBank Digital,’ making it possible…

by Staff Writer
May 20, 2022
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Markets

Markets/Uncategorized

Sri Lankan Stocks Hit 3 Week-High| Strong Foreign Buying

The Colombo Stock Market gained on Monday 18th to three weeks high on foreign buying. Brokers told Business Tribune that foreign interest in Sri Lankan stocks was mainly due to the hope…

by Staff Writer
July 18, 2022

Local News

Business News/Local News

Want an easy method to test blood sugar? See what Egyptian students invented

…

by Staff Writer
August 9, 2022
Local News

Power Interruption Schedule for Tomorrow -25th July Monday

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by Staff Writer
July 24, 2022
Local News

By How Much Will Bus Fares Reduce?

The Director General of the National Transport Commission Dr Thilan Miranda says that he is preparing to make recommendations to the secretary of the ministry of transport to revise the bus fares…

by Staff Writer
July 18, 2022

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