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MKS Group donates to ‘Rebuilding Sri Lanka’ Flood Relief Fund - DailyNews

The MKS Group of Companies in Melbourne made a generous financial donation of AUS$ 30,000/- (LKR 6,027,039.00) 2025 to the ‘Rebuilding Sri Lanka’ Fund established by the Central Bank of Sri Lanka, to support the rebuilding and resettlement efforts for the victims affected by the floods and landslides in Sri Lanka ca…

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The need for external financing - DailyNews

In an environment where Sri Lanka is recovering from its third shock in six years, our economy it not capable of withstanding much. The social landscape stands vulnerable as almost 1/4th of Sri Lankan’s live below the middle-income poverty line earning less than Rs. 1100 a day. About 33% of households goes into debt…

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Let us be the customers of the best bank - DailyNews

The term “bank” is derived from the French word banque and refers to an institution engaged in the management of money and its substitutes, as well as the provision of a variety of financial services. As a financial intermediary, a bank accepts deposits and extends loans. Deposits are funds entrusted to a financial …

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Pittsburgh and Cleveland Buddhist Temples extend financial aid to SL - DailyNews

With the objective of providing relief to the people affected by Cyclone Ditwah, the Pittsburgh and Cleveland Buddhist temples in coordination with the Sri Lankan Embassy in the United States, under the leadership of the Chief Incumbent of these temples, Venerable Dr. Surakkulame Pemarathana Thera, the monks of the …

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Seven financial institutions fined Rs. 9.5 Mn for non-compliance - DailyNews

The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka has imposed a total of Rs.9.5 million in penalties on seven institutions for failing to properly report transactions. The FIU collected the fines between July and September 2025 under regulations for preventing money laundering and combating the …

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He Came to the U.S. to Support His Sick Child. He Was Detained. Then He Disappeared.

José Manuel Ramos Bastidas never set foot in the U.S. — at least not as a free man. He left Venezuela in January 2024, hoping to earn enough money to pay for his newborn son’s medical needs. Born with a respiratory condition, the family’s “milagrito,” or “little miracle,” had severe asthma and repeatedly needed to b…

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Govt. disburses Rs 106.2 Mn to 531 affected industrialists in first phase - DailyNews

The Ministry of Industry and Entrepreneurship Development has initiated a vital recovery program to restore industries paralyzed by the severe weather conditions and nationwide impact of Cyclone Ditwah. As a primary step toward stabilization, the government has authorized a one-time financial grant of Rs. 200,000 pe…

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Cyclone Ditwah damage equivalent to 4 % of Sri Lanka’s GDP-WBG - DailyNews

Cyclone Ditwah, which struck Sri Lanka in late November, has caused an estimated US$4.1 billion in direct physical damage to buildings and contents, agriculture and critical infrastructure, according to a World Bank Group report released on Monday. This damage is equivalent to about 4 percent of Sri Lanka’s GDP.

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ComBank’s Cyclone Ditwah recovery support crosses Rs. 125Mn - DailyNews

As part of a series of relief measures under its ‘Rebuild Together’ theme, demonstrating its commitment to standing with Sri Lanka when it matters the most, the Commercial Bank of Ceylon on December 22, announced a total commitment exceeding Rs. 125 million towards recovery efforts following Cyclone Ditwah, includin…

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MKS Group donates towards ‘Rebuilding Sri Lanka’ - DailyNews

The MKS Group of Companies in Melbourne, made a financial donation of AUS$ 30,000/- (LKR 6,027,039.00) to the ‘Rebuilding Sri Lanka’Fund established by the Central Bank of Sri Lanka, to support the rebuilding and resettlement efforts for the victims affected by the floods and landslides in Sri Lanka caused by Cyclon…

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Hayleys Agriculture Holdings triumphs at Presidential Export Awards - DailyNews

Hayleys Agriculture Holdings Limited reaffirmed its position as a key driver of Sri Lanka’s export economy after three of its business units were recognised at the Presidential Export Awards 2024/2025, the highest national honour bestowed on exporters, which took place on December 11, at the BMICH in Colombo.

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