Category: Business and Economy

Binance Charity Teams Up with Local Binance Angel to Feed 1,000 Families in Sri Lanka

Binance Charity, the first-ever blockchain-enabled transparent donation platform, has teamed up with a local Sri Lankan ‘Binance Angel’ to deliver food packages to more than 1,000 families in the country’s hardest hit area. Given the recent economic crisis, Sri Lanka is facing a food shortage. The 20,000 BUSD donation went towards purchasing essentials such as…

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Rocell unveils its 75th Concept Centre

Rocell, a local giant in surface coverings and high-quality Bathware, unveiled its newest Concept Centre in Kalmunai, adding elegant interiors to a rich heritage of the East Coast of Sri Lanka. Supported by an extensive island-wide showroom network and dealerships around the world, the flagship brand of Royal Ceramics Lanka PLC, Rocell, has become synonymous…

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S-lon relocates its Jaffna re-distribution centre to provide better service

S-lon Lanka (Pvt) Ltd, the market leader in the thermoplastic pipes & fittings industry, recently relocated their re-distribution centre in Jaffna to an all-new location with the objective of further enhancing convenience and quality of service for their valued customers and supporting their retail partners. The new re-distribution centre further cements the commitment of S-lon…

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SMIB announces appointment of new CEO

The State Mortgage and Investment Bank (SMIB), a leading state-owned bank in Sri Lanka with 90 years of history, announced the appointment of an experienced banker, Mr. Thushara Asuramanna, as the new CEO with effect from 01 July 2022. Prior to his appointment as CEO SMIB, Mr. Asuramanna was the Vice President of Commercial Credit…

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