Apple WWDC begins tonight

Published

3 weeks ago

June 10, 2024

editor

Apple’s annual Worldwide Developers Conference (WWDC) will be online from 10 June to 14 June. The event will be kicked off with a keynote address, scheduled for 1 pm ET today (10).

Live streamed on Apple’s YouTube channel as well as Apple’s website and on the Apple TV app, it is expected to focus on AI and its integration into Apple’s existing software.

CBSL imposes penalties on Sampath Bank & DFCC Bank

Published

2 days ago

June 26, 2024

editor

The Financial Intelligence Unit (FIU) of the Central Bank of Sri Lanka (CBSL) has imposed administrative penalties on two financial institutions from 01 January 2024 to 30 April 2024.

According to the CBSL, administrative penalties were imposed on DFCC Bank PLC and Sampath Bank PLC.

The FIU collected penalties amounting to Rs. 3 million in total from 01 January to 30 April 2024 to enforce compliance on Financial Institutions, while the money collected as penalties was credited to the Consolidated Fund.

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BIZ

No justification for coconut oil price hike – Coconut Development Authority

Published

1 week ago

June 18, 2024

nipuni

The Coconut Development Authority has stated that there is no valid reason for a price increase of coconut oil in the local market.

CDA chairman – Prof. Roshan Perera has emphasized that there has been no tax hike on imported coconut oil.
Given the sufficient supply of coconut oil for domestic consumption, Prof. Perera asserted that any price increase is unjustifiable.

Additionally, a new regulatory program is being planned to control and stabilize coconut oil prices in the market, he added.