Business and Economy (Page 112)

Ernst & Young (EY), recently hosted a webcast for its Financial Institution clients to discuss how to maximize the Automation potential using globally accepted best practices and frameworks. During this session which was facilitated by Hiranthi Fonseka, Partner EY Sri Lanka, Johann Anderson, Manager, Assurance, RPA and Analytics for ReportingContinue Reading

Ocean Lanka, Sri Lanka’s largest weft knitted fabric manufacturer, honoured a large cohort of staff marking employment milestones at the Ocean Lanka Service Awards, where cash prizes were presented to 12 employees who have served for 25 years and 27 staff members who have served for 20 years. Addressing theContinue Reading

Macksons Tower by Macksons Developers was recently launched in the city of Colombo signifying the first mixed development project by Macksons Holdings. Situated at 12, Alfred House Gardens, Colombo 3, the property offers retail and office space with ample parking, thereby providing all required facilities at a convenient location. TheContinue Reading

Non-Performing Loans at 60% below the industry average Profits increased by 47% Portfolio grew by 5% Deposits rose by 19% Commercial Leasing & Finance PLC (CLC) delivered a powerhouse financial performance despite the wider economic and industry volatility caused by the COVID-19 pandemic. CLC recorded excellent numbers for the firstContinue Reading