News

In its unwavering commitment to elevate customer convenience, Amana Takaful Insurance, a prominent insurance provider in the country, has introduced an avant-garde motor insurance app that revolutionises the insurance experience for users. The app’s standout feature lies in its groundbreaking claims processing experience, offering users a seamless and convenient way to handle insurance claims. In case of an accident or …

Amana Bank announced a significant rise in the latest Asian Banker rankings for the Strongest Islamic Banks in the World for 2023 climbing to the 37th position, marking a remarkable improvement from its 82nd position in 2022. In doing so Amana Bank has surpassed many other globally established Islamic Banks including those from the Middle East and SouthEast Asia.Amana Bank’s …

Soap and Allied Industries (Pvt.) Ltd. (SAIL), a leading entity under the esteemed Colombo Machinery and Equipment Limited (CMEL), marks its 25th anniversary, commemorating an extraordinary journey from humble beginnings to becoming an industry leader in the chemical and raw material market. In a joyful burst of celebration and elegance, SAIL unfurled a splendid event at Shangri-La Colombo, marking 25 …

What is a TIN number? A Taxpayer Identification Number (TIN) is issued by the Inland Revenue Department (IRD) of Sri Lanka to register your business as a taxpayer. It is used to keep track of its taxpayers and optimise the process of tax compliance. Let’s take a look at the steps you can take to obtain a TIN number for …

Addis Ababa January 1/2024 (ENA)Today, Ethiopia along with the other four new member countries, officially joined the BRICS, the emerging-markets bloc of Brazil, Russia, India, China and South Africa. According to a statement issued by the BRICS today that Ethiopia, Egypt, Iran, Saudi Arabia and United Arab Emirates (UAE) have officially joined the bloc. Ethiopia’s bid to join the BRICS …

JOHANNESBURG, Aug 21 (Reuters) – The BRICS group of major emerging economies – Brazil, Russia, India, China and South Africa – will hold its 15th heads of state and government summit in Johannesburg between Aug. 22 and Aug. 24. Here are some key facts about the bloc and its members. WHAT IS BRICS? The acronym BRIC, which did not initially include South …