Category: Business
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Sri Lanka’s national fuel distributor indicates potential for price reduction contingent on securing crude oil shipments.
FINANCIAL CHRONICLE – The President of the state-run Ceylon Petroleum Corporation (CPC) has indicated that Sri Lanka could potentially lower fuel prices if it successfully acquires a shipment of crude oil. Currently, the nation relies on Murban light crude for its sole refinery, which has been producing oil at a lower cost compared to imported…
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LankaPay Technnovation Awards Celebrates Outstanding Achievements in Digital Payments
Commercial Bank won the Gold Award for “Excellence in Digital Payments” under the banks category at Sri Lanka’s LankaPay Technnovation Awards held on Tuesday. Bank of Ceylon won the Silver, while Hatton National Bank secured the Bronze. LOLC achieved its 7th consecutive Gold in the non-bank financial institutions category, with LB Finance being the runner-up.…