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The Common Electronic Fund Transfer Switch (CEFTS) is a fully automated paperless fund transfer system which allows instantaneous fund transfers between member banks. [1] CEFTS is a real-time interbank fund transferring method and it is a vital integral part of Sri Lanka's trusted national payment network, which is operated by Lanka Clear under ...
The Sri Lanka Interbank Payment System, commonly known as SLIPS, is a LKR-only online interbank payment and fund transfer system in Sri Lanka. [1] [2]SLIPS is owned by LankaClear, an organization owned by the Central Bank of Sri Lanka and all Licensed Commercial Banks operating in Sri Lanka, with 47.19% of shares held by the CBSL and State owned commercial banks, and 52.81% by other private banks.
iPhone 13 Pro and iPhone 13 Pro Max originally shipped with iOS 15. They received the iOS 16 update, which was released on September 12, 2022, and iOS 17, which was released on September 18, 2023. [36] The Qi2 wireless charging standard has been added to the iPhone 13 Pro and iPhone 13 Pro Max with the update to iOS 17.2. [37]
On 21 July 2023, President Ranil Wickremesinghe and Prime Minister Narendra Modi signed an agreement for UPI acceptance in Sri Lanka. [221] On 14 October 2023, Narendra Modi announced that India and Sri Lanka are working on connecting UPI with Lanka Pay. [222] On 10 November 2023, the successful integration was shown by scanning LANKAQR with ...
It was established to develop the economy of Sri Lanka through ICT. To this end, it works to improve the country's technological capacity, such as building infrastructure, and the readiness of its people, through education and human resources. It is also active in developing regulations around the use of technology and disseminating information ...
The company adopted its current name in 2015. LOLC Finance is one of the LMD 100 companies in Sri Lanka. The company is also one of the 100 most valuable brands in the country. LOLC Finance has been a constituent of the S&P Sri Lanka 20 Index since the end of 2021. LOLC Finance merged with its sister company, Commercial Leasing & Finance PLC in ...
The CSE trades 296 companies representing 20 business sectors, as of 25 January 2021, with a combined market capitalization of 3,699 billion Sri Lankan rupees. [1] On 1 September 2021, turnover surpassed 14 billion and the All Share Price Index (ASPI) surpassed 9000 points for the first time when it closed at a record high of 9,163.13 points.
In Sri Lanka, it has been reported that the MRP for basic items at food stalls is circumvented by the operators charging separately for ingredients in the food, such as the eggs in egg hoppers. [7] The MRP also hurts consumers in rural areas because if retailers cannot charge a higher price to make up for the higher cost of transportation and ...