October 2024
HNB Group Records 16.2 billion in PAT for Six Months
Hatton National Bank posted a profit before tax of 25.8 billion rupees and a profit after tax of 15.4...
Ads to Account for 66 percent of Revenue from Mobile Apps in 2024
September 5, 2024. Vyom Chaud. Income from advertisements continues to fuel the mobile app industry. According to the numbers...
Mounting Pressure: US National Debt soars by USD 62,000 every second in 2024
August 27, 2024. Andreja Stojanovic. The issue of the US government’s debt has been a hot-button topic for decades,...
Big Tech’s Staggering Power Consumption: Calculating the Massive Electricity Bills Companies Pay off with Ease
September 25, 2024. Paul Hoffman. High voltage transmission towers with red glowing wires against blue sky - Energy concept...
Over 60 percent of Travelers from Europe’s Top Economies Choose Hotels for Accommodation
September 2, 2024. Jastra Kranjec Although hotel prices have skyrocketed by roughly 40-50 percent in the past three years,...
People’s Bank achieved 181.9 billion in Consolidated Gross Income during the First Half of 2024
Sujeewa Rajapakse, Chairman, People’s Bank and Clive Fonseka, CEO/GM, People’s Bank. People’s Bank announced its financial results for the...
Telegram was adding nearly 500,000 users daily before Durov’s arrest
September 3, 2024. Andreja Stojanovic After officially launching in August 2013, the social media and messaging platform Telegram quickly...
Driving the Future: A Deep Dive into the Global Electric Vehicle Market
The global automotive industry is undergoing a revolutionary transformation, driven largely by the rapid growth of the electric vehicle...
Electric Rivals: Comparing Market Shares of BYD and Tesla in the Global EV Race
Words: Jonathan Westbrook. BYD model and Tesla model 3. Global Market Overview The electric vehicle (EV) market has seen...
Vision Care 109th Colombo Championship Concludes Celebrating Tennis Excellence in Sri Lanka
Handing over the Open Singles winner award. The Vision Care 109th Colombo Championship concluded, marking another milestone in Sri...
Vision Care Launches Kapvoe Sports Eyewear
A highlight from the event. Vision Care, an eyewear and hearing solutions provider, unveiled its brand-new line of ‘Kapvoe’...
HNB Crowned Best Bank – Sri Lanka at ICC Emerging Asia Banking Conclave and Awards
Sanjay Wijemanne, Chief Operating Officer, HNB (right) accepting the Award from Ameya Prabhu, President, ICC & Managing Director, NAFA Capital...
HNB Ja-Ela Customer Center Relocates to new Facility
Damith Pallewatte, Acting CEO, HNB at the opening ceremony of the new Customer Center with Asiri Weerasekere, Ja-Ela Divisional...
People’s Bank & People’s Leasing Introduce a Co-branded CLASSIQUE VISA Infinite Credit Card
Officials from People’s Bank and People’s Leasing & Finance during the launch of CLASSIQUE VISA Infinite credit card. People’s...
People’s Bank gifts Apple iPhone 15 Pro Max to winner of YouTube Grand Draw
Winner Tharindu Daham receiving the iPhone 15 Pro Max from Nalaka Wijayawardana, Head of Marketing, People’s Bank. People’s Bank...
People’s Leasing & Finance Shines with Gold at ACEF Asian Business Leaders Awards
The award was received by Pradeep Amirthanayagam, Chairman of PLC (center) and Neil Landekumbura, Assistant General Manager Branch Network (right)...
BOC Provides Financial Support to Hospitals in Celebration of 85th Anniversary
Kavan Ratnayaka, Chairman, BOC; W.P. Russel Fonseka, General Manager along with the BOC corporate and executive management and Dr....
Dialog Crowns Top Digital Innovators at Grand Finale of Innovation Challenge
Group Chief Executive of Dialog Axiata handing over the trophy to SeaLanka, Winner of Dialog Innovation Challenge (from left...
Bank of Ceylon Receives Recognition as the Most Popular Banking Website
Sameera D Liyanage, CMO, BOC and team receiving the award. Bank of Ceylon is accustomed to receiving accolades for...
HNB’s Value Chain Financing Boosts Dairy Farming Sector through Wonrich Partnership
Damith Pallewatte, Acting CEO, HNB (fifth from left) exchanging the MoU with R.M.C.P. Rathnayake, CEO/MD, Wonrich (sixth from left)...
DFCC Bank Recognized for Strategic Excellence and Growth
DFCC receiving the Best Performance on Profitability award. DFCC Bank was honored with dual accolades at the second ICC...
Revolutionising Gold Loans with People’s Leasing & Finance’s GoldCash Card
(L–R): Prabath Gunasena, Senior Deputy General Manager/CTO ICT Group; Sanjeewa Bandaranayake, CEO/ GM, PLC; Pradeep Amirthanayagam, Chairman, PLC; M....
Idea Industries signs MoU with VTA to Enhance Vocational Training
Exchanging of the MoU by S. Kumar Rajapaksha, Chairman and CEO, Vocational Training Authority of Sri Lanka, and Dilhani,...
DFCC Bank and Prime Land Residencies join Forces for Home Loan Solutions
(L–R): Thusitha Subramaniam, Executive - Retail Banking, DFCC Bank; Assajee Nawarathna, Assistant Vice President - Gampaha Branch, DFCC Bank;...
HNB and Sunera Foundation’s Partnership for Differently-abled Youth
Damith Pallewatte, Acting CEO, HNB; Damith Pallewatte (fourth from left) exchanging the MoU with Sunethra Bandaranaike, Chairperson, Sunera Foundation...
DFCC Leasing Achieves 52.6 Percent Portfolio Growth
DFCC Leasing has demonstrated remarkable growth in its leasing portfolio during the first eight months of 2024, reflecting its...
Sri Lanka’s First-Ever Green Bonds from DFCC Bank Oversubscribed on Opening Day
DFCC Bank concluded Sri Lanka’s first-ever Green Bond issuance, which was heavily oversubscribed on its opening day. This is...
